NOT LISTED FOR SALE

505 Lazy Ln Absecon, NJ 08201

Estimated Value: $498,000 - $702,000

4 Beds
2.5 Baths
-- Sq Ft
0.86 Acres

Last Sold October 14, 2016

Last sale price $365,000

Est. 57% increase in value since last sale

Current estimated payment $3,861/month

37 Days on Market

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • Marble Flooring
  • Deck
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of October 2016

Beautiful "Absecon on the Bay" Gold Coast location. This beautiful property is in complete turnkey condition with so many features and upgrades. Seller are very motivated. Lots of TLC has been put into this home. Many of the upgrades include, marble and tile flooring, newer kitchen with stainless steel appliances, granite counter tops, beautiful heated Florida room that is part of the natural house flow. Enjoy the in-ground pool with Jacuzzi and new safety cover this year, huge deck, gas fireplace, Solar paneled, beautifully landscaped, sprinkler system and so much more.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 07/27/2016

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 07/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,017

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 150 x 250
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Dining Area
  • Recreation Room
  • Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,017

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 08/05/2016
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room, Gas Log
  • Flooring: Laminate Flooring, Marble, Tile, W/W Carpet, Wood
  • Interior Amenities: Cathedral Ceiling, Skylight(s), Storage, Whirlpool, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Florida Room, Laundry/Utility Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Pool-In Ground, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Blacktop
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: 150 x 250
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 20, 2016
Sold by
Lenzsch Ida and Lenzsch Ida
Bought by
Cramer Chelsea L and Cramer Jason P
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$571,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,990
Avg. Annual Appreciation
5.18%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Sep 27, 2013
Sold by
Perri Georgia H and Simpson Edward G
Bought by
Lenzsch Ida
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$284,747
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 1997
Sold by
Regan Robert A and Regan Marilyn R
Bought by
Perri Georgia H and Simpson Edward G

Purchase Details

Closed on
Sep 10, 1993
Sold by
Cordivari Jack
Bought by
Regan Robert and Regan Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.16%
Source: Public Records

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
Cramer Chelsea L $365,000 --
Lenzsch Ida $290,000 Liouds & Handson Title Age
Perri Georgia H $245,000 The Title Company
Regan Robert $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cramer Chelsea L $349,000
Closed Cramer Chelsea L $17,276
Previous Owner Lenzsch Ida $282,452
Previous Owner Lenzsch Ida $284,747
Previous Owner Simpson Georgia H $240,000
Previous Owner Simpson Edward $30,000
Previous Owner Regan Robert $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $365,000 0.0% --
09/02/2016 09/02/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $365,000 +25.9% --
09/27/2013 09/27/13 Sold $290,000 0.0% --
07/19/2013 07/19/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $290,000 -- --
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
2025 $9,017 $269,500 $96,800 $172,700
2024 $9,017 $269,500 $96,800 $172,700
2023 $8,910 $269,500 $96,800 $172,700
2022 $8,910 $269,500 $96,800 $172,700
2021 $8,883 $269,500 $96,800 $172,700
2020 $8,899 $269,500 $96,800 $172,700
2019 $8,834 $269,500 $96,800 $172,700
2018 $8,872 $269,500 $96,800 $172,700
2017 $8,807 $269,500 $96,800 $172,700
2016 $8,559 $269,500 $96,800 $172,700
2015 $8,449 $269,500 $96,800 $172,700
2014 $8,333 $269,500 $96,800 $172,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Quintin

    Seller's Agent in 2016

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    519 Total Sales

    Jeff Quintin
    Section Image
  • Linda Novelli

    Seller Co-Listing Agent in 2013

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    1 in this area

    171 Total Sales

    Linda Novelli
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 472530

South Jersey Shore Regional MLS

APN: 01-00024-01-00014-15

New Jersey Atlantic County Absecon 08201

505 Lazy Ln, Absecon, NJ

This home is located at 505 Lazy Ln, Absecon, NJ 08201 since 27 July 2016 and is currently estimated at $571,990. This property was built in 1985. 505 Lazy Ln is a home located in Atlantic County with nearby schools including H. Ashton Marsh Elementary School, Emma C. Attales Middle School, and Atlantic Community Charter School.

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