NOT LISTED FOR SALE

5 Drake Terrace Unit 2 Sewell, NJ 08080

Washington Township Neighborhood

Estimated Value: $467,000 - $487,000

4 Beds
2.5 Baths
2,346 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $210,000 $90 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,285/month

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Eat-In Kitchen
  • Colonial Architecture
  • No HOA
  • Living Room

About This Home

As of August 2015

Enjoy your own in-ground pool and relax under the covered patio in a private fenced yard located on a culde-sac lot. You'll enjoy the huge room sizes and large closets. Cozy up the fireplace in the family room. Very large kitchen. Definitely a "must see". This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Samantha Raynor

(856) 810-8282 sraynor@njpreferredhomes.com RE/MAX Preferred - Medford Listed on: 05/19/2015

RE/MAX Preferred - Medford

Last Buyer's Agent

Bob Stein

(609) 313-9374 realtorbobstein@gmail.com HomeSmart First Advantage Realty License #338950

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,742

Year Built

  • Built in 1978

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Property is zoned PR1

Parking

  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,346 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Pool

  • In Ground Pool

Utilities

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

Community Details

  • No Home Owners Association
  • Heritage Valley Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 18-00054 10-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,742

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1978
  • Remarks Public: Enjoy your own in-ground pool and relax under the covered patio in a private fenced yard located on a culde-sac lot. You'll enjoy the huge room sizes and large closets. Cozy up the fireplace in the family room. Very large kitchen. Definitely a "must see". This is a Fannie Mae HomePath property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2346
  • Living Area Sq Ft: 2346
  • Net Sq Ft: 2346.00
  • Price Per Sq Ft: 89.09
  • Above Grade Finished Sq Ft: 2346
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

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

Lot Info

  • Improvement Assessed Value: 180600.00
  • Land Assessed Value: 48600.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 60X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: PR1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2032718
  • Tax Annual Amount: 7742.00
  • Assessor Parcel Number: 18-00054 10-00009
  • Tax Lot: 00009
  • Tax Year: 2014
  • Close Date: 08/17/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Horn and Nicholas
Bought by
Horn Ann
Current Estimated Value
$474,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,479
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 12, 2015
Sold by
Fannie Mae
Bought by
Horn Annmarie and Krug John W
Seller's Agent
Samantha Raynor
RE/MAX Preferred - Medford
Buyer's Agent
Bob Stein
HomeSmart First Advantage Realty
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$206,196
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2015
Sold by
Kowasa Edward T and Kowasa Karen Grabert
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 21, 2007
Sold by
Kowasa Edward T and Kowasa Karen
Bought by
Kowasa Edward T and Kowasa Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Tamburro Richard and Tamburro Susanne
Bought by
Kowasa Edward T and Grabert Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Horn Ann -- Berger Terrence B
Horn Ann -- None Listed On Document
Horn Annmarie $210,000 Surety Title Corp
Federal National Mortgage Association -- Attorney
Kowasa Edward T -- Des Title Agency Inc
Kowasa Edward T $224,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horn Ann $191,479
Previous Owner Horn Annmarie $206,196
Previous Owner Kowasa Edward T $261,000
Previous Owner Kowasa Edward T $212,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2015 08/17/15 Sold $210,000 +0.5% $90 / Sq Ft
07/30/2015 07/30/15 Price Changed $209,000 -8.7% $89 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $229,000 -- $98 / 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 $9,299 $251,400 $63,600 $187,800
2024 $9,038 $251,400 $63,600 $187,800
2023 $9,038 $251,400 $63,600 $187,800
2022 $8,741 $251,400 $63,600 $187,800
2021 $8,631 $251,400 $63,600 $187,800
2020 $8,500 $251,400 $63,600 $187,800
2019 $8,354 $229,200 $48,600 $180,600
2018 $8,260 $229,200 $48,600 $180,600
2017 $8,157 $229,200 $48,600 $180,600
2016 $8,109 $229,200 $48,600 $180,600
2015 $7,995 $229,200 $48,600 $180,600
2014 $7,742 $229,200 $48,600 $180,600
Source: Public Records

Agents Affiliated with this Home

  • Samantha Raynor

    Seller's Agent in 2015

    Samantha Raynor

    RE/MAX

    (856) 810-8282

    1 in this area

    8 Total Sales

    Samantha Raynor
    Section Image
  • Bob Stein

    Buyer's Agent in 2015

    Bob Stein

    HomeSmart First Advantage Realty

    (609) 313-9374

    1 in this area

    60 Total Sales

    Bob Stein
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002609932

Bright MLS

APN: 18-00054-10-00009

New Jersey Gloucester County Sewell 08080 Washington Township

5 Drake Terrace Unit 2, Sewell, NJ

This home is located at 5 Drake Terrace Unit 2, Sewell, NJ 08080 since 19 May 2015 and is currently estimated at $474,905, approximately $202 per square foot. This property was built in 1978. 5 Drake Terrace Unit 2 is a home located in Gloucester County with nearby schools including Washington Township High School, Hurffville Elementary School, and Chestnut Ridge Midle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes