NOT LISTED FOR SALE

502 Oak Ave Linwood, NJ 08221

Estimated Value: $260,000 - $468,000

2 Beds
1 Bath
-- Sq Ft
0.39 Acres Lot

Sale Details

Date Sold: January 8, 2021

Last sale price $122,000

Est. 191% increase in value since last sale

Current estimated payment $2,475 / mo

77 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Eat-In Kitchen
  • Seaview Elementary School Rated A-
  • Den
  • Laundry Room

About This Home

As of January 2021

Here is a great opportunity for an investor or owner occupant who is handy to restore this Old World 2 bedroom, 1 full bath, 2 story home on an oversized corner lot surrounded by established homes and overlooking a beautiful vineyard. Or tear down existing structure and build brand new on a very peaceful lot in the heart of town. There is nothing like this on the Market in Linwood for under $150k! This home is not located within the Linwood Historical District.

Last Agent to Sell the Property

JOSEPH IANNELLO

BALSLEY/LOSCO Listed on: 07/14/2020

BALSLEY/LOSCO

Last Buyer's Agent

Karolyn Tochterman

BALSLEY/LOSCO

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1883

Lot Details

  • Lot Dimensions are 121x140
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Den
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1883

Lot Details

0.39 Acres

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Year Built: 1883
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: Crawl Space, Outside Entrance
  • Other Rooms: Den/Tv Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Shed
  • Siding Exterior: Asbestos
  • Storm Screens: Screens

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Oil
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 121X140
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jan 8, 2021
Sold by
Earnest Christopher T
Bought by
Ackerman Brittany
Seller's Agent
JOSEPH IANNELLO
BALSLEY/LOSCO
Buyer's Agent
Karolyn Tochterman
BALSLEY/LOSCO
List Price
$149,900
Sold Price
$122,000
Premium/Discount to List
-$27,900
-18.61%
Current Estimated Value
$355,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,531
Avg. Annual Appreciation
22.13%
Original Mortgage
$161,286
Outstanding Balance
$142,462
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$213,069

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jun 7, 2019
Sold by
Arcy Patricia J D
Bought by
Earnest Christopher T
Seller's Agent
LYNDA GREAVES
KELLER WILLIAMS REALTY JERSEY SHORE oc
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$210,000
Sold Price
$105,000
Premium/Discount to List
-$105,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Rutala Diana M
Bought by
D'arey Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1989
Sold by
Bartuccio John and Bartuccio Maureen P
Bought by
Mcclain Diana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ackerman Brittany $122,000 Agents Title Llc
Earnest Christopher T $105,000 North American Title
D'arey Patricia J $95,000 --
Mcclain Diana $82,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Ackerman Brittany $161,286
Previous Owner D'arey Patricia J $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2021 01/08/21 Sold $122,000 -6.2% --
09/29/2020 09/29/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $129,999 -6.8% --
08/27/2020 08/27/20 Price Changed $139,500 -6.9% --
08/05/2020 08/05/20 For Sale $149,900 0.0% --
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $149,900 +42.8% --
06/07/2019 06/07/19 Sold $105,000 -22.2% -- View Prior Sale
11/20/2018 11/20/18 Price Changed $135,000 -35.7% --
04/13/2018 04/13/18 For Sale $210,000 -- --
Source: South Jersey Shore Regional MLS

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 $6,951 $182,200 $103,500 $78,700
2024 $6,951 $182,200 $103,500 $78,700
2023 $6,628 $182,200 $103,500 $78,700
2022 $6,628 $182,200 $103,500 $78,700
2021 $6,570 $182,200 $103,500 $78,700
2020 $6,479 $182,200 $103,500 $78,700
2019 $6,341 $182,200 $103,500 $78,700
2018 $6,198 $182,200 $103,500 $78,700
2017 $6,075 $182,200 $103,500 $78,700
2016 $5,870 $182,200 $103,500 $78,700
2015 $5,876 $182,200 $103,500 $78,700
2014 $5,648 $182,200 $103,500 $78,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539202

South Jersey Shore Regional MLS

APN: 14-00125-0000-00009-02

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