$78,000
SOLD OCT 29, 2018

502 New Jersey Rd Browns Mills, NJ 08015

3 Beds
2 Baths
1,508 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Patio
  • Forced Air Heating and Cooling System
  • Converted Garage
  • Shed
  • 1-Story Property

About This Home

As of December 2019

Presidential Lakes rancher has large living room, eat-in kitchen with dining area, master bedroom has full bathroom with shower. Converted garage needs finishing touches to complete for extra living space.HUD Home. Equal Housing Opportunity. Sold ''AS IS'' by elec. bid only. Prop avail 9/5/18. Bids due daily by 11:59 PM Central Time until sold. FHA Case #351-536725. Insured w Escrow Rpr. Eligible for FHA 203K. No repairs allowed until after closing. Buyer to verify all info. Repairs: Flooring Family room and laundry needs finish flooring. Repair rear exterior vinyl missing/damaged pieces. Treat and paint rear trim area of shed door. Install interior sliding door handle in kitchen. Plumbing system needs repair.

Last Agent to Sell the Property

Keith Williamson

Williamson Realtors License #7821878 Listed on: 09/05/2018

Last Buyer's Agent

Ruth Brodzinski

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 80 x 125

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Converted Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-00685-0000-00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,573

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1965
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 80 x 125
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Exterior Shed: Yes
  • Style Ranch: Yes
  • Garage Converted: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Patio, Shed
  • Foundation Details: Slab
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Converted Garage
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 125
  • Parcel #: 29-00685-0000-00028

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3573.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Nov 8, 2019
Sold by
Zahn Albert
Bought by
Snyder Michael A and Snyder Stephanie M
Seller's Agent
Ruth Brodzinski
Real Estate, LTD
Buyer's Agent
NON MEMBER
VRI Homes
Sold Price
$181,000
Current Estimated Value
$348,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,427
Avg. Annual Appreciation
12.08%
Original Mortgage
$182,828
Outstanding Balance
$161,847
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$186,153

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 29, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Zahn Albert
Seller's Agent
Keith Williamson
Williamson Realtors
Buyer's Agent
Ruth Brodzinski
VRI Homes
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.96%

Purchase Details

Closed on
Sep 13, 2017
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Aug 14, 2017
Sold by
Hughes Iusses and Hughes Ulysses
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jul 31, 2008
Sold by
Lenig Michael S and Lenig Jamie M
Bought by
Hughes Ulysses and Hughes Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,195
Interest Rate
6.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2004
Sold by
Ferris John E and Ferris Carrie A
Bought by
Oswald Jamie and Lenig Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,550
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1997
Sold by
Miano Colleen
Bought by
Ferris John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,050
Interest Rate
7.36%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $181,000 First Partners Abstract
Warranty Deed $78,000 New Horizon Abstract Inc
Deed -- None Available
Sheriffs Deed -- None Available
Bargain Sale Deed $218,000 None Available
Bargain Sale Deed $169,900 Weichert Title Agency
Deed $86,500 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Open $182,828 New Conventional
Previous Owner $23,928 FHA
Previous Owner $219,437 FHA
Previous Owner $216,195 FHA
Previous Owner $168,550 FHA
Previous Owner $86,050 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $181,000 +132.1% $151 / Sq Ft
10/29/2018 10/29/18 Sold $78,000 -- $52 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $5,407 $176,400 $38,000 $138,400
2024 $5,073 $176,400 $38,000 $138,400
2023 $5,073 $176,400 $38,000 $138,400
2022 $4,696 $176,400 $38,000 $138,400
2021 $4,503 $176,400 $38,000 $138,400
2020 $4,334 $176,400 $38,000 $138,400
2019 $3,777 $160,500 $38,000 $122,500
2018 $3,648 $160,500 $38,000 $122,500
2017 $3,573 $160,500 $38,000 $122,500
2016 $3,712 $99,300 $20,800 $78,500
2015 $3,682 $99,300 $20,800 $78,500
2014 $3,520 $99,300 $20,800 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21832507

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 29-00685-0000-00028