NOT LISTED FOR SALE

503 Lazy Ln Absecon, NJ 08201

Estimated Value: $517,450 - $745,000

4 Beds
2.5 Baths
3,504 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $320,000 $91 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,195/month

109 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Great Room

About This Home

As of December 2020

DIAMOND IN THE ROUGH! 4 bedroom/2.5 bathroom home in lovely Absecon executive neighborhood. This home is so beautiful and shows you its best features of vaulted ceilings, stone fireplace, a wall of windows in the family room that overlooks the in-ground pool and great backyard that is surrounded by vinyl fencing. Designer touches - upgraded kitchen cabinets granite and even a built-in cappuccino machine. Fine wood trimming throughout, including custom culford ceilings. Master Bedroom greets you with majesty. Soaring ceilings, custom woodwork, whirlpool tub, sauna, over the top shower and more. Tons of space on 2nd floor loft area and 3 more large bedrooms. This home just needs some love to make it shine again. (Pipe broke in the wall, but has been repaired, however sheetrock needs to be replaced.) Master bathroom plumbing needs to be looked at too. PROPERTY IS BEING SOLD TOTALLY AS-IS. Buyer responsible for all inspections. No warranties or guarantees are given by the Seller or realtor. DON'T SHY AWAY! All of the bones and extras of this home outweighs its dullness. EASY TO SHOW! Call for appointment.

Last Listed By

BEVERLY FINERAN

BHHS DIVERSIFIED REALTY License #0228058 Listed on: 07/17/2020

BHHS DIVERSIFIED REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,135

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 102 x 162
  • Fenced
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Library
  • Recreation Room
  • Loft
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,135

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 07/19/2020
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Cathedral Ceiling, Kitchen Center Island, Skylight(s), Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: Size: 21 x 10.2, On Level: Upper
  • Bedroom 2: Size: 17 x 10.2, On Level: Upper
  • Bedroom 3: Size: 12.1 x 11, On Level: Upper
  • Bedroom 4: Size: 15.11 x 11, On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: Size: 16.4 x 13, On Level: Main
  • Family Room: Size: 18 x 14.8, On Level: Main
  • Kitchen: Size: 17 x 15, On Level: Main
  • Living Room: Size: 15.8 x 19.4, On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Loft, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Pool-In Ground, Shed, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Aluminum, Brick, Wood
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Attic Fan, Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 102 x 162
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Dec 31, 2020
Sold by
Vazquez Wendy Hewitt and Vazquez Louis
Bought by
Trachtman Gary S
Seller's Agent
BEVERLY FINERAN
BHHS DIVERSIFIED REALTY
Buyer's Agent
DANIELLE COSTELLO
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$399,900
Sold Price
$320,000
Premium/Discount to List
-$79,900
-19.98%
Total Days on Market
109
Current Estimated Value
$601,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,363
Avg. Annual Appreciation
13.81%

Purchase Details

Closed on
Apr 8, 2011
Sold by
Merigan Stacy
Bought by
Vazquez Louis and Vazquez Wendy Hewitt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2008
Sold by
Rogers Linda S
Bought by
Merrigan Lawrence and Merrigan Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Date Buyer Sale Price Title Company
Trachtman Gary S $320,000 Title Company Of Jersey
Vazquez Louis $300,000 Foundation Title
Merrigan Lawrence $425,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Louis $130,000
Previous Owner Vazquez Louis $2,400,000
Previous Owner Merrigan Lawrence $297,500
Previous Owner Rogers Linda $376,000
Previous Owner Rogers Linda $352,000
Previous Owner Rogers Linda $44,000
Previous Owner Rogers Linda S $50,000
Previous Owner Rogers Linda S $200,000
Previous Owner Rogers Linda S $158,000
Previous Owner Rogers Linda S $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $320,000 -9.9% $91 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $355,000 -11.2% $101 / Sq Ft
07/17/2020 07/17/20 For Sale $399,900 -- $114 / Sq Ft
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
2024 $10,135 $302,900 $88,800 $214,100
2023 $10,014 $302,900 $88,800 $214,100
2022 $10,014 $302,900 $88,800 $214,100
2021 $9,984 $302,900 $88,800 $214,100
2020 $10,002 $302,900 $88,800 $214,100
2019 $9,929 $302,900 $88,800 $214,100
2018 $9,971 $302,900 $88,800 $214,100
2017 $9,899 $302,900 $88,800 $214,100
2016 $9,620 $302,900 $88,800 $214,100
2015 $9,496 $302,900 $88,800 $214,100
2014 $9,366 $302,900 $88,800 $214,100
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 539448

South Jersey Shore Regional MLS

APN: 01-00024-01-00014-16