NOT LISTED FOR SALE

508 Fairbanks Ave Northfield, NJ 08225

Estimated Value: $385,000 - $415,000

3 Beds
1.5 Baths
-- Sq Ft
7,492 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $340,000

Est. 18% increase in value since last sale

Current estimated payment $2,866/month

2 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Central Air
  • Mainland Regional High School Rated A-
  • Brick Front
  • Wood Burning Fireplace

About This Home

As of July 2023

Impeccably renovated single-family rancher exuding elegance. 3BR, 1.5 baths. Brand new kitchen with granite counters and back splash, breakfast bar, and stainless steel appliances. Luxurious vinyl floors throughout. Expansive living room with fireplace. Front den/bar room. Beautifully tiled bath. Finished basement for office or playroom/storage. Fenced yard with patio. Vacant and easy to show.

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K Listed on: 05/20/2023

Last Buyer's Agent

Ellen McGonigle

BHHS FOX and ROACH-Simpson OC

BHHS FOX and ROACH-Simpson OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,718

Year Built

  • Built in 1950

Lot Details

  • 7,492

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Wood Burning Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 50 x 150

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,718

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 05/20/2023
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Flooring: Vinyl
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Patio
  • Siding Exterior: Brick Face, Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jun 23, 2023
Sold by
508 Northfield Llc
Bought by
Sellers Diane B
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
Ellen McGonigle
BHHS FOX and ROACH-Simpson OC
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Views
89
Current Estimated Value
$401,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,716
Avg. Annual Appreciation
7.70%
Original Mortgage
$275,000
Outstanding Balance
$73,588
Interest Rate
6.18%
Mortgage Type
Seller Take Back
Estimated Equity
$328,128

Purchase Details

Closed on
Nov 5, 2019
Sold by
Laeila Llc
Bought by
508 Northfield Llc

Purchase Details

Closed on
Feb 7, 2019
Sold by
Darling Owen and Darling Ellen E
Bought by
Laelia Llc

Purchase Details

Closed on
Jan 10, 2003
Sold by
Simonen Richard
Bought by
Darling Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sellers Diane B $340,000 The Title Company
508 Northfield Llc $52,000 Simplicity Title Llc
Laelia Llc $1,000 None Available
Darling Owen $140,000 --
Darling Owen $140,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Diane B $275,000
Previous Owner Darling Owen $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $340,000 0.0% --
05/22/2023 05/22/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $339,900 -- --
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 $8,718 $242,700 $55,600 $187,100
2024 $8,718 $242,700 $55,600 $187,100
2023 $8,475 $242,700 $55,600 $187,100
2022 $6,914 $198,000 $55,600 $142,400
2021 $6,841 $198,000 $55,600 $142,400
2020 $6,867 $198,000 $55,600 $142,400
2019 $6,750 $198,000 $55,600 $142,400
2018 $6,629 $198,000 $55,600 $142,400
2017 $6,409 $198,000 $55,600 $142,400
2016 $6,154 $198,000 $55,600 $142,400
2015 $6,069 $198,000 $55,600 $142,400
2014 $5,738 $198,000 $55,600 $142,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 574204

South Jersey Shore Regional MLS

APN: 18-00048-0000-00011