NOT LISTED FOR SALE

48 Cornell Ave Gloucester City, NJ 08030

Estimated Value: $260,000 - $314,452

3 Beds
1.5 Baths
1,370 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $80,000 $58 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $2,081/month

9 Days on Market

Highlights

  • 0.66 Acre Lot
  • 1 Fireplace
  • Living Room
  • Rambler Architecture
  • No HOA
  • Central Air

About This Home

As of November 2016

Back on the Market exceptional value raised rancher located on end of dead end street on over sized lot with water front view of Newton creek. Home features hardwood floors, fenced yard, wood stove in extended living room and a breakfast room addition off kitchen. 9' high basement with 1/2 bath. Certificate of Occupancy will be provided and this home has already been FHA appraised for 108,000. Property is being sold in its strictly as in condition. Estimates repairs for FHA and City Certificate of occupancy come to a total of 8,000. If you do the math between appraised value and estimate repairs you just bought a home with instant equity.

Last Agent to Sell the Property

JACK DILKS

jdilks07@verizon.net Hambleton-Stewart Realty Listed on: 09/14/2016

Last Buyer's Agent

James Sullivan III

(609) 820-7011 jim@thesullivanteam.info Century 21 Rauh & Johns License #8937476

Century 21 Rauh & Johns

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.66 Acre Lot

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,370 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Gloucester Heights Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 14-00229-00013

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1370
  • Living Area Sq Ft: 1370
  • Net Sq Ft: 1370.00
  • Price Per Sq Ft: 61.97
  • Above Grade Finished Sq Ft: 1370
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 84900.00
  • Land Assessed Value: 49100.00
  • Lot Size Acres: 0.66
  • Lot Dimensions: 29100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 28750.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1854476
  • Tax Annual Amount: 5455.00
  • Assessor Parcel Number: 14-00229-00013
  • Tax Lot: 00013
  • Tax Year: 2016

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2016
Sold by
Walters Michael E and Walters Tracy A
Bought by
Jeral Gail and Hambleton Mark
Current Estimated Value
$288,613

Purchase Details

Closed on
Mar 4, 2016
Sold by
Walters Mnichael E and Walters Tracy A
Bought by
Jeral Gail

Purchase Details

Closed on
Apr 1, 2009
Sold by
Soder Robert J
Bought by
Walters Michael E and Walters Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,835
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Soder Jean F
Bought by
Soder Robert H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jeral Gail -- --
Jeral Gail -- None Available
Walters Michael E $147,835 --
Soder Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walters Michael E $132,835
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2016 11/09/16 Sold $80,000 -5.8% $58 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $84,900 -- $62 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,717 $134,000 $49,100 $84,900
2024 $6,705 $134,000 $49,100 $84,900
2023 $6,705 $134,000 $49,100 $84,900
2022 $6,305 $134,000 $49,100 $84,900
2021 $6,242 $134,000 $49,100 $84,900
2020 $6,027 $134,000 $49,100 $84,900
2019 $5,904 $134,000 $49,100 $84,900
2018 $5,789 $134,000 $49,100 $84,900
2017 $5,670 $134,000 $49,100 $84,900
2016 $5,455 $134,000 $49,100 $84,900
2015 $4,912 $134,000 $49,100 $84,900
2014 $5,194 $99,000 $27,300 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002508816

Bright MLS

APN: 14-00229-0000-00013