NOT LISTED FOR SALE

514 Lincoln Ave Paulsboro, NJ 08066

Estimated Value: $171,000 - $309,000

3 Beds
2 Baths
2,006 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $72,000 $36 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $1,901/month

Highlights

  • Traditional Architecture
  • 1 Car Detached Garage
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of April 2017

Charming historic home with custom features and tons of space! Be welcomed into the large living room with tons of glorious sunshine streaming in from several windows framed with gorgeous custom wood trim. Flow from the living room into the dining room area through a doorway with stunning custom wooden columns in perfect condition. Your updated kitchen features plenty of cabinet space as well as stainless steel appliances plus a nook that could easily fit a kitchen table or island! Enjoy gatherings in the family room with wood floors and glass doors opening onto your back deck. Three generously sized bedrooms upstairs with custom wood trim and doors that match the unique vintage touches of the first level. Enjoy entertaining out back in your large, fenced-in backyard, or quiet mornings sipping coffee on your front porch! Storage space galore in your full basement and outside storage shed! Fabulous location with easy access to major area roadways and onramps to 295, plus close to local shopping, dining, schools, parks, and more! ***HUD Home*** Sold AsIs. Buying a HUD home couldn't be simpler! Eligible for FHA 203k financing! Owner Occupant Buyers, ask your lender how you can get $100-down FHA Financing! Per FHA Appraisal, built in 1925. Property is NOT located in a FEMA Special Flood Hazard Area but is located close proximity to a Special Flood Hazard Area. Please see addendums regarding FloodSmart for additional information regarding flood zones and insurance. Property inspection reports are available. Insured with Escrow Rpr (IE). LBP.

Last Agent to Sell the Property

Cheryl Dare

Real Broker, LLC License #566253 Listed on: 01/07/2017

Real Broker, LLC

Last Buyer's Agent

Anthony Prano

Impact Realty Group LLC

Impact Realty Group LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 50x160

Parking

  • 1 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,006 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Loudenslager Elementary School
  • Paulsboro High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Billingsport Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 14-00046-00004

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Charming historic home with custom features and tons of space! Be welcomed into the large living room with tons of glorious sunshine streaming in from several windows framed with gorgeous custom wood trim. Flow from the living room into the dining room area through a doorway with stunning custom wooden columns in perfect condition. Your updated kitchen features plenty of cabinet space as well as stainless steel appliances plus a nook that could easily fit a kitchen table or island! Enjoy gatherings in the family room with wood floors and glass doors opening onto your back deck. Three generously sized bedrooms upstairs with custom wood trim and doors that match the unique vintage touches of the first level. Enjoy entertaining out back in your large, fenced-in backyard, or quiet mornings sipping coffee on your front porch! Storage space galore in your full basement and outside storage shed! Fabulous location with easy access to major area roadways and onramps to 295, plus close to local shopping, dining, schools, parks, and more! ***HUD Home*** Sold AsIs. Buying a HUD home couldn't be simpler! Eligible for FHA 203k financing! Owner Occupant Buyers, ask your lender how you can get $100-down FHA Financing! Per FHA Appraisal, built in 1925. Property is NOT located in a FEMA Special Flood Hazard Area but is located close proximity to a Special Flood Hazard Area. Please see addendums regarding FloodSmart for additional information regarding flood zones and insurance. Property inspection reports are available. Insured with Escrow Rpr (IE). LBP.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2006
  • Living Area Sq Ft: 2006
  • Net Sq Ft: 2006.00
  • Price Per Sq Ft: 32.40
  • Above Grade Finished Sq Ft: 2006
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • 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
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: PAULSBORO PUBLIC SCHOOLS
  • Elementary School: LOUDENSLAGER
  • High School: PAULSBORO
  • School District Key: 300200397138
  • Elementary School: LOUDENSLAGER
  • High School: PAULSBORO

Lot Info

  • Improvement Assessed Value: 116900.00
  • Land Assessed Value: 29600.00
  • Lot Size Acres: 0.18
  • Lot Dimensions: 50X160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2022020
  • Tax Annual Amount: 5338.00
  • Assessor Parcel Number: 14-00046-00004
  • Tax Lot: 00004
  • Tax Year: 2016
  • Close Date: 04/21/2017

MLS Schools

  • School District Name: PAULSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Apr 21, 2017
Sold by
Secretary Of Hud
Bought by
Coleman Leonard F
Seller's Agent
Cheryl Dare
Real Broker, LLC
Buyer's Agent
Anthony Prano
Impact Realty Group LLC
List Price
$65,000
Sold Price
$72,000
Premium/Discount to List
$7,000
10.77%
Current Estimated Value
$256,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,022
Avg. Annual Appreciation
15.90%
Original Mortgage
$61,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Norton Kristina M and Norton Richard W
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 8, 2015
Sold by
Norton Kristina M and Norton Richard W
Bought by
Scretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 14, 2009
Sold by
Murphy Michael P and Murphy Barbara A
Bought by
Norton Kristina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,300
Interest Rate
5.31%
Mortgage Type
FHA
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
Coleman Leonard F $72,000 American Legal Abstract Llc
Secretary Of Housing & Urban Development -- None Available
Scretary Of Housing & Urban Development -- None Available
Norton Kristina M $173,500 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Leonard F $61,200
Previous Owner Norton Kristina M $170,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $72,000 +10.8% $36 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $65,000 -- $32 / 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 $6,446 $146,500 $29,600 $116,900
2024 $6,440 $146,500 $29,600 $116,900
2023 $6,440 $146,500 $29,600 $116,900
2022 $6,323 $146,500 $29,600 $116,900
2021 $6,200 $146,500 $29,600 $116,900
2020 $6,162 $146,500 $29,600 $116,900
2019 $5,968 $146,500 $29,600 $116,900
2018 $5,627 $146,500 $29,600 $116,900
2017 $5,604 $146,500 $29,600 $116,900
2016 $5,338 $146,500 $29,600 $116,900
2015 $5,308 $146,500 $29,600 $116,900
2014 $5,419 $160,900 $26,600 $134,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000049850

Bright MLS

APN: 14-00046-0000-00004