NOT LISTED FOR SALE

48 Shady Ln Absecon, NJ 08201

Estimated Value: $140,000 - $303,723

2 Beds
2 Baths
-- Sq Ft
5,837 Sq Ft Lot

Last Sold August 16, 2024

Last sale price $269,000

Est. 9% decrease in value since last sale

Current estimated payment $1,664/month

19 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Ranch Style House
  • Den
  • Walk-In Closet

About This Home

As of August 2024

Great opportunity to own a 2 bed 2 bath house in a much sought after area in Absecon. Great area near the bay, minutes from beaches, expressway and parkway, Atlantic City, restaurants etc. When you walk in the house there is a great sun room with tons of natural light. As you proceed there is another large living area. The first bed room is off the living area and has a bathroom with stand up shower and large closet. The other bedroom is on the other side of the house and also a nice size room! There is a Bathroom in the hall with a tub. The kitchen has brand new flooring, new cabinets and a large pantry closet. This house has a very large attic for possible expansion. This house sits on a BIG LOT and has A LOT of potential. The back yard has a great deck to sit on off the kitchen. There is a large crawl space with access in the back of the house that can be used as a workshop area or storage. Brand new fire extinguisher, smoke and co2 detectors. Great opportunity for first time homebuyers grant with possibilities up to $17k!

Last Agent to Sell the Property

Matthew Bonomini

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 06/20/2024

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Jeanine Pescatore

REAL-FAIRFIELD

REAL-FAIRFIELD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1935

Lot Details

  • 5,837

Parking

  • 2 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,316

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 06/20/2024
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Storage, Walk In Closet
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Basement: 6 Ft. Or More Head Room, Crawl Space
  • Other Rooms: Den/Tv Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50x118 irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 16, 2024
Sold by
Citta Stacey
Bought by
Ruiz Lucas
Seller's Agent
Matthew Bonomini
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Jeanine Pescatore
REAL-FAIRFIELD
List Price
$269,000
Sold Price
$269,000
Views
112
Current Estimated Value
$245,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,069
Avg. Annual Appreciation
-7.69%
Original Mortgage
$30,000
Outstanding Balance
$29,588
Interest Rate
4.9%
Estimated Equity
$216,343

Purchase Details

Closed on
Feb 27, 2023
Sold by
Switched Habbits Llc
Bought by
Citta Stacey

Purchase Details

Closed on
Mar 1, 2006
Sold by
Pierce Brian
Bought by
Switched Habbits Llc

Purchase Details

Closed on
Jul 31, 2000
Sold by
Soper Robert C and Soper Janice L
Bought by
Pierce Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.1%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Hendricks Mary J and Hendricks Edward W
Bought by
Soper Robert C and Soper Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,483
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ruiz Lucas $269,000 Foundation Title
Citta Stacey $63,000 Surety Title
Switched Habbits Llc $145,000 --
Pierce Brian $110,000 Commonwealth Land Title Ins
Soper Robert C $77,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Lucas $30,000
Open Ruiz Lucas $230,972
Previous Owner Pierce Brian $99,000
Previous Owner Soper Robert C $76,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $269,000 0.0% --
07/09/2024 07/09/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $269,000 -- --
Source: South Jersey Shore Regional 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 $4,316 $143,000 $77,100 $65,900
2024 $4,316 $129,000 $77,100 $51,900
2023 $4,265 $129,000 $77,100 $51,900
2022 $4,265 $129,000 $77,100 $51,900
2021 $4,252 $129,000 $77,100 $51,900
2020 $4,260 $129,000 $77,100 $51,900
2019 $4,229 $129,000 $77,100 $51,900
2018 $4,247 $129,000 $77,100 $51,900
2017 $4,216 $129,000 $77,100 $51,900
2016 $4,097 $129,000 $77,100 $51,900
2015 $4,483 $143,000 $77,100 $65,900
2014 $4,422 $143,000 $77,100 $65,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586387

South Jersey Shore Regional MLS

APN: 01-00087-0000-00011