NOT LISTED FOR SALE

505 Thomas Ave Barrington, NJ 08007

Estimated Value: $363,000 - $422,000

5 Beds
2 Baths
1,652 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $188,000 $114 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,597/month

About This Home

Welcome to your new home in the Garden section of Barrington. This super cute cape cod features so many newer items that you will be pleased with. Newer front screen and steel door. Walk into a cozy bright living room with a inviting bay window and hard wood flooring. The living room is nice in size and flows into the large kitchen that includes newer stainless steal appliances, granite counter tops and beautiful wood cabinets.The kitchen has title flooring and has earth tone colors. The main bath has been updated with tile walls and flooring. Four bedrooms are nice and size, and the main bedroom is very large and can be used as a nice size family room with a half bath in it. Two sheds are included in the sale and are in good condition. The yard is fenced in and is nice in size. The HVAC and heating is also newer. The home has a whole house fan. Electric heating was added to the upstairs for extra heating. This is a fine home that has been well taken care of. One that is sure will be a great home for a new owner.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2017
Closed on
Apr 28, 2017
Sold by
Adams Tracey A and Mitchell Patrick D
Bought by
Gorman Cecelia
Seller's Agent
Renee Wilson-Lackey
Coldwell Banker Realty
Buyer's Agent
Angelina Taulane
Opus Elite Real Estate of NJ, LLC
List Price
$191,000
Sold Price
$188,000
Premium/Discount to List
-$3,000
-1.57%
Current Estimated Value
$383,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,042
Avg. Annual Appreciation
8.38%
Original Mortgage
$184,594
Outstanding Balance
$154,246
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$228,796

Purchase Details

Closed on
Apr 30, 2008
Sold by
Casale William and Casale Mary T
Bought by
Adams Tracey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 1999
Sold by
Keighler Sara E
Bought by
Casale William and Casale Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,235
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Gorman Cecelia $188,000 Surety Title Co
Adams Tracey A $175,000 --
Casale William $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Cecelia $184,594
Previous Owner Adams Tracey A $150,000
Previous Owner Casale William $90,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2017 04/28/17 Sold $188,000 +1.6% $114 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Pending -- -- --
03/15/2017 03/15/17 Price Changed $185,000 -3.1% $112 / Sq Ft
02/26/2017 02/26/17 For Sale $191,000 -- $116 / Sq Ft

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 $7,565 $158,000 $55,000 $103,000
2024 $7,304 $158,000 $55,000 $103,000
2023 $7,304 $158,000 $55,000 $103,000
2022 $7,148 $158,000 $55,000 $103,000
2021 $6,624 $158,000 $55,000 $103,000
2020 $6,952 $158,000 $55,000 $103,000
2019 $6,922 $158,000 $55,000 $103,000
2018 $6,788 $158,000 $55,000 $103,000
2017 $6,619 $158,000 $55,000 $103,000
2016 $6,564 $175,000 $85,200 $89,800
2015 $6,349 $175,000 $85,200 $89,800
2014 $6,081 $175,000 $85,200 $89,800
Source: Public Records

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