NOT LISTED FOR SALE

Estimated Value: $434,000 - $542,000

3 Beds
2 Baths
1,379 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $355,000 $257 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,950/month

Highlights

  • Rambler Architecture
  • 1 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of February 2022

Welcome to 48 Lafayette Drive! This 3 Bedroom 2 Full Bathroom home is situated in the Deer Lake Park subdivision of Stafford Township on a tree lined street and walking distance to the lake. This home features a newer HVAC system that has a high efficiency gas furnace and a newer hot water heater. The large kitchen offers many possibilities for updating! The spacious bedrooms also feature oversized closets. There is also a nice size backyard with privacy that can have many uses. There are newer vinyl windows. There is a one car garage with a door opener and access to the inside. This home will available for showings after January 3rd. If you would like more information contact the listing agent.

Last Agent to Sell the Property

William Hanrahan

(484) 786-3883 whanrahan@kw.com Keller Williams Realty - Ocean City License #1222762 Listed on: 01/03/2022

Keller Williams Realty - Ocean City

Last Buyer's Agent

Patrick O'Donnell

(609) 709-2842 patrick@coastalliving.pro Coastal Living Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1970

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75.00 x 125.00
  • Infill Lot
  • Property is zoned R75

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,379 Sq Ft Home
  • Property has 1 Level
  • Vinyl Clad Windows
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Manahawkin Deer Lake Park Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 31-00063-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,548

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-01-03
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Window Features: Vinyl Clad
  • Fireplace: No
  • Foundation Details: Block, Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1379
  • Living Area Sq Ft: 1379
  • Price Per Sq Ft: 253.81
  • Above Grade Finished Sq Ft: 1379
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 113100.00
  • Land Assessed Value: 82500.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 75.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9375.00
  • Zoning: R75

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3086002
  • Tax Annual Amount: 4548.00
  • Assessor Parcel Number: 31-00063-00010
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 8, 2022
Sold by
Burke Jordan Kathleen
Bought by
Tropiano Raymond and Tropiano Vanessa
Seller's Agent
William Hanrahan
Keller Williams Realty - Ocean City
Buyer's Agent
Patrick O'Donnell
Coastal Living Real Estate Group
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$484,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,608
Avg. Annual Appreciation
8.75%
Original Mortgage
$284,000
Outstanding Balance
$264,159
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$220,449
Source: Public Records

Range of Values:

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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
Tropiano Raymond $355,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tropiano Raymond $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $355,000 +1.4% $257 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $350,000 -- $254 / 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 $4,896 $197,200 $82,500 $114,700
2024 $4,849 $197,200 $82,500 $114,700
2023 $4,642 $197,200 $82,500 $114,700
2022 $4,604 $195,600 $82,500 $113,100
2021 $4,292 $195,600 $82,500 $113,100
2020 $4,548 $195,600 $82,500 $113,100
2019 $4,483 $195,600 $82,500 $113,100
2018 $4,456 $195,600 $82,500 $113,100
2017 $4,367 $185,600 $82,500 $103,100
2016 $4,073 $185,600 $82,500 $103,100
2015 $3,920 $185,600 $82,500 $103,100
2014 $3,897 $182,300 $82,500 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC2005500

Bright MLS

APN: 31-00063-0000-00010