NOT LISTED FOR SALE

511 Lazy Ln Absecon, NJ 08201

Estimated Value: $593,000 - $620,061

5 Beds
3.5 Baths
-- Sq Ft
0.36 Acres

Last Sold December 13, 2019

Last sale price $297,500

Est. 103% increase in value since last sale

Current estimated payment $3,990/month

154 Days on Market

Highlights

  • Above Ground Pool
  • Family Room with Fireplace
  • Wood Flooring
  • Deck
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of December 2019

This Amazing home is located in beautiful, up-scale Absecon By The Bay, within walking distance to the Faunce Landing boat ramp and waterfront park. Perfect for a large family, this home offers impressive 2 story entry foyer, formal living and dining rooms, sunken family room with gas fireplace. The kitchen has granite counter tops and is open to sunny breakfast room. The huge master suite offers walk-in closet and opulent bath with large soaking tub and tiled shower. 3 additional bedrooms and 2 large bonus rooms complete the 2nd floor. There is additionally on the 1st floor an ADA Certified In-Law quarters with separate kitchen, living room, bedroom and full bathroom. Large fenced-in back yard with deck, above ground pool and storage shed. There's are two huge bonus rooms for exercise, play or just storage and a pull down attic. Other features include Solar panels, irrigation system run off a separate well, whole house water filtration system. So much for your money!

Last Agent to Sell the Property

Pamela Stearns

RE/MAX ATLANTIC Listed on: 06/05/2019

RE/MAX ATLANTIC

Last Buyer's Agent

KERRI WISNESKI

Quail Hill Realty at Smithville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,506

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 120x130
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Recreation Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,506

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 06/05/2019
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Fireplace: Family Room, Gas Log
  • Flooring: Hardwood, Laminate Flooring, Tile, W/W Carpet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Main
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Pool-Above Ground, Shed, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 120x130
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Dec 2, 2019
Sold by
Tiberio Nicholas P and Tiberio Elizabeth M
Bought by
Strouss Shawn and Merrittjetter Misti
Seller's Agent
Pamela Stearns
RE/MAX ATLANTIC
Buyer's Agent
KERRI WISNESKI
Quail Hill Realty at Smithville
List Price
$335,000
Sold Price
$297,500
Premium/Discount to List
-$37,500
-11.19%
Current Estimated Value
$605,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,515
Avg. Annual Appreciation
12.90%
Original Mortgage
$292,111
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2003
Sold by
Peterson Michael
Bought by
Tiberio Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Strouss Shawn $297,500 Foundation Title Llc
Tiberio Nicholas $295,750 --
Tiberio Nicholas P $295,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strouss Shawn $292,111
Previous Owner Tiberio Nicholas P $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $297,500 -0.8% --
10/18/2019 10/18/19 Price Changed $300,000 -1.6% --
10/18/2019 10/18/19 Price Changed $304,850 +1.6% --
09/29/2019 09/29/19 Price Changed $300,000 -1.6% --
08/27/2019 08/27/19 Price Changed $304,850 -1.1% --
08/21/2019 08/21/19 Price Changed $308,200 -2.1% --
08/03/2019 08/03/19 Price Changed $314,900 -6.0% --
06/05/2019 06/05/19 For Sale $335,000 -- --
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 $9,506 $284,100 $81,100 $203,000
2024 $9,506 $284,100 $81,100 $203,000
2023 $9,392 $284,100 $81,100 $203,000
2022 $9,392 $284,100 $81,100 $203,000
2021 $9,364 $284,100 $81,100 $203,000
2020 $9,381 $284,100 $81,100 $203,000
2019 $9,313 $284,100 $81,100 $203,000
2018 $9,353 $284,100 $81,100 $203,000
2017 $9,284 $284,100 $81,100 $203,000
2016 $9,023 $284,100 $81,100 $203,000
2015 $8,907 $284,100 $81,100 $203,000
2014 $8,784 $284,100 $81,100 $203,000
Source: Public Records

Agents Affiliated with this Home

  • Pamela Stearns

    Seller's Agent in 2019

    Pamela Stearns

    RE/MAX

    (609) 457-5986

    47 in this area

    176 Total Sales

    Pamela Stearns
    Section Image
  • KERRI WISNESKI

    Buyer's Agent in 2019

    KERRI WISNESKI

    Quail Hill Realty at Smithville

    (973) 271-5961

    1 in this area

    19 Total Sales

    KERRI WISNESKI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 523324

South Jersey Shore Regional MLS

APN: 01-00024-01-00014-12

New Jersey Atlantic County Absecon 08201

511 Lazy Ln, Absecon, NJ

This home is located at 511 Lazy Ln, Absecon, NJ 08201 since 05 June 2019 and is currently estimated at $605,015. This property was built in 1986. 511 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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