NOT LISTED FOR SALE

504 Ridgewood Terrace Williamstown, NJ 08094

Estimated Value: $275,000 - $328,096

4 Beds
1.5 Baths
1,988 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $140,500 $71 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,230/month

50 Days on Market

Highlights

  • 1 Car Direct Access Garage
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of May 2020

Simply stated, this bi-level home located in the community of Collings Lakes is move-in ready with tons of future potential for the DIY homebuyer or buyer seeking a 203k FHA Home Renovation Loan! Based on after improved value, imagine what you could do with a $50,000 renovation budget to make this home your own! Situated on an open, semi-fenced lot on a private court, this 4 bed 1.5 bath home is ready for new owners. Enter in to the freshly painted home with new carpet throughout the second level. The front living room is spacious with a large bay window allowing for the natural light to pour in. The dining room is right off of the kitchen and living room. Kitchen has matching black appliances, plenty of cabinet and counter top space, and room for a kitchen table. Down the hall you will find 3 of the bedrooms and the full bath. The lower level family room has a wood burning fire place with beautiful brick facade, and the ceiling is elegantly enhanced with wood beams. There is a 4th bedroom in the lower level which is across from the half bath and utility closet. The oversized laundry/mudroom has plenty of storage space and entry to the garage. Outback enjoy the spacious back yard on your paver patio! The lakes are drained each winter to preserve the dams. Enjoy access to the lakes, beaches, and amenities such as fishing, playgrounds and picnic sites all in Collings Lakes community. This is an as-is sale with buyer responsible for all certifications and repairs. This is priced to sell, move-in ready, and it just needs your personal touch!

Last Agent to Sell the Property

Steven Kempton

Real Broker, LLC License #1007398 Listed on: 02/11/2020

Real Broker, LLC

Last Buyer's Agent

Steven Kempton

Real Broker, LLC License #1007398 Listed on: 02/11/2020

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75.00 x 150.00
  • Property is zoned PVR1

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • Collings Lake Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 05-00209-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,293

Year Built

Built in 1971

Lot Details

0

HOA Fees

$52 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1971
  • Remarks Public: Simply stated, this bi-level home located in the community of Collings Lakes is move-in ready with tons of future potential for the DIY homebuyer or buyer seeking a 203k FHA Home Renovation Loan! Based on after improved value, imagine what you could do with a $50,000 renovation budget to make this home your own! Situated on an open, semi-fenced lot on a private court, this 4 bed 1.5 bath home is ready for new owners. Enter in to the freshly painted home with new carpet throughout the second level. The front living room is spacious with a large bay window allowing for the natural light to pour in. The dining room is right off of the kitchen and living room. Kitchen has matching black appliances, plenty of cabinet and counter top space, and room for a kitchen table. Down the hall you will find 3 of the bedrooms and the full bath. The lower level family room has a wood burning fire place with beautiful brick facade, and the ceiling is elegantly enhanced with wood beams. There is a 4th bedroom in the lower level which is across from the half bath and utility closet. The oversized laundry/mudroom has plenty of storage space and entry to the garage. Outback enjoy the spacious back yard on your paver patio! The lakes are drained each winter to preserve the dams. Enjoy access to the lakes, beaches, and amenities such as fishing, playgrounds and picnic sites all in Collings Lakes community. This is an as-is sale with buyer responsible for all certifications and repairs. This is priced to sell, move-in ready, and it just needs your personal touch!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1988
  • Living Area Sq Ft: 1988
  • Price Per Sq Ft: 70.37
  • Above Grade Finished Sq Ft: 1988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 626.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: BUENA REGIONAL SCHOOLS
  • School District Key: 300200396908
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146900.00
  • Land Assessed Value: 48000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Year Assessed: 2019
  • Zoning: PVR1

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3321704
  • Tax Annual Amount: 5293.00
  • Assessor Parcel Number: 05-00209-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1988
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/22/2020

MLS Schools

  • School District Name: BUENA REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
May 16, 2020
Sold by
Schultz Michael P and Schultz Deborah E
Bought by
Ferguson Kyle Robert
Seller's Agent
Steven Kempton
Real Broker, LLC
Buyer's Agent
Steven Kempton
Real Broker, LLC
List Price
$139,900
Sold Price
$140,500
Premium/Discount to List
$600
0.43%
Current Estimated Value
$307,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,024
Avg. Annual Appreciation
15.96%
Original Mortgage
$137,954
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1979
Bought by
Schultz Michael P and Schultz Deborah E
Source: Public Records

Range of Values:

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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
Ferguson Kyle Robert $140,500 Sjs Title Llc
Schultz Michael P $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson Kyle Robert $137,954
Previous Owner Schultz Deborah E $50,000
Previous Owner Schultz Michael P $30,000
Previous Owner Schultz Michael P $13,930
Previous Owner Schultz Michael $5,030
Previous Owner Schultz Deborah $75,000
Previous Owner Schultz Michael $16,000
Previous Owner Schultz Deborah E $5,030
Previous Owner Schultz Michael P $54,025
Previous Owner Schultz Michael P $37,000
Previous Owner Schultz Michael P $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $140,500 +0.4% $71 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $139,900 0.0% $70 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $139,900 -- $70 / 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 $6,063 $194,900 $48,000 $146,900
2024 $6,063 $194,900 $48,000 $146,900
2023 $5,812 $194,900 $48,000 $146,900
2022 $5,812 $194,900 $48,000 $146,900
2021 $5,730 $194,900 $48,000 $146,900
2020 $5,541 $194,900 $48,000 $146,900
2019 $5,293 $194,900 $48,000 $146,900
2018 $5,235 $194,900 $48,000 $146,900
2017 $5,182 $194,900 $48,000 $146,900
2016 $5,005 $194,900 $48,000 $146,900
2015 $4,902 $194,900 $48,000 $146,900
2014 $4,873 $194,900 $48,000 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC112882

Bright MLS

APN: 05-00209-0000-00006