50 Oak Ln Penns Grove, NJ 08069
Estimated Value: $452,000 - $502,000
3
Beds
2.5
Baths
2,176
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- 2 Car Direct Access Garage
- Traditional Architecture
- Combination Kitchen and Living
- Family Room Off Kitchen
About This Home
As of May 2022Although this home looks like it belongs on Love it or List it, luckily for you it is simply Layton Lakes newest listing. Upon entering the spacious foyer, you are greeted by an open living room currently utilized as a home office, appointed with custom built-in's. The main level also includes an open family room with an electric fireplace, gourmet kitchen with white wood cabinetry, center island, glass backsplash, stainless appliances and light filled breakfast room. The main level open floor plan makes for a welcoming gathering space perfect for harboring quality time or entertaining. Whether you are looking for a play area, man cave, she shed, home theater or anything in-between, the finished lower level offers more than enough space (all while keeping an un-finished area for storage or workshop behind closed doors)! The upper level includes 3 spacious bedrooms all with designer appointments to include a Primary retreat with private bath and walk-in closet and open loft (original plan included the loft as a 4th bedroom). Additional appointments include a two-car garage, larger composite decking with pergola, hardwoods in kitchen/breakfast room and solar panels providing an average of a $17 per month utility bill. Rarely available 3.5 year young property, available for its new owners!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,074
Year Built
- Built in 2018
Lot Details
- 0.51 Acre Lot
- Lot Dimensions are 125.00 x 176.00
HOA Fees
- $69 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
- Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Electric Fireplace
- Family Room Off Kitchen
- Combination Kitchen and Living
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Community Details
- Laytons Lake Subdivision
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 02-00233 02-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2022
Closed on
May 26, 2022
Sold by
Gibbs Mason J
Bought by
Perez Angel M and Perez Rosalinda
Seller's Agent
John Sloniewski
Compass
Buyer's Agent
Christian Lang
Real Broker, LLC
List Price
$379,900
Sold Price
$410,000
Premium/Discount to List
$30,100
7.92%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,465
Avg. Annual Appreciation
6.66%
Original Mortgage
$160,000
Outstanding Balance
$137,122
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$361,940
Purchase Details
Closed on
Nov 24, 2014
Sold by
Heritage Laytons Lake Estates Llc
Bought by
Route 48 Properties Llc
Similar Homes in Penns Grove, NJ
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Angel M | $410,000 | Old Republic Title | |
| Route 48 Properties Llc | $300,000 | West Jersey Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Angel M | $160,000 | |
| Previous Owner | Gibbs Mason J | $285,413 | |
| Previous Owner | Gibbs Mason J | $288,580 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $410,000 | +7.9% | $188 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 02/25/2022 02/25/22 | For Sale | $379,900 | -- | $175 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,737 | $273,500 | $66,600 | $206,900 |
| 2023 | $9,737 | $273,500 | $66,600 | $206,900 |
| 2022 | $9,162 | $273,500 | $66,600 | $206,900 |
| 2021 | $9,038 | $273,500 | $66,600 | $206,900 |
| 2020 | $9,080 | $271,300 | $66,600 | $204,700 |
| 2019 | $8,475 | $251,100 | $66,600 | $184,500 |
| 2015 | $1,351 | $52,900 | $52,900 | $0 |
| 2014 | $1,351 | $52,900 | $52,900 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Sloniewski
Seller's Agent in 2022
John Sloniewski
Compass
128 Total Sales
-
Christian Lang
Buyer's Agent in 2022
Christian Lang
Real Broker, LLC
(856) 625-1850
83 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2003072
APN: 020023302000020000QFARM
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