NOT LISTED FOR SALE

53 Lincoln Ave Lambertville, NJ 08530

Estimated Value: $461,000 - $562,000

4 Beds
1.5 Baths
1,308 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $307,450 $235 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,612/month

91 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • En-Suite Primary Bedroom
  • Colonial Architecture
  • Living Room
  • Dining Room

About This Home

As of February 2018

REDUCED-Lambertville Victorian Home ready for its new owner. House has carport and pull thru garage with paver patio in rear. House has charming wide plank floors hardwood floors and big open windows. Two floors of bedroom plus extra room. Room dimension are approximate. This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

Christopher Waaben

Maximum Realty Services License #8838854 Listed on: 09/11/2017

Last Buyer's Agent

Barbara Berardo

River Valley Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1890

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is in below average condition

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 1,308 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

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Heating System Uses Oil
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 17-01064-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,154

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Remarks Public: REDUCED-Lambertville Victorian Home ready for its new owner. House has carport and pull thru garage with paver patio in rear. House has charming wide plank floors hardwood floors and big open windows. Two floors of bedroom plus extra room. Room dimension are approximate. This is a Fannie Mae Homepath Property.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1308
  • Living Area Sq Ft: 1308
  • Net Sq Ft: 1308.00
  • Price Per Sq Ft: 252.22
  • Above Grade Finished Sq Ft: 1308
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 53

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood 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: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SOUTH HUNTERDON REGIONAL
  • School District Key: 300200396159

Lot Info

  • Improvement Assessed Value: 153200.00
  • Land Assessed Value: 204300.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3713302
  • Tax Annual Amount: 7154.00
  • Assessor Parcel Number: 17-01064-00002
  • Tax Lot: 00002
  • Tax Year: 2016
  • Close Date: 02/01/2018

MLS Schools

  • School District Name: SOUTH HUNTERDON REGIONAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Jan 22, 2018
Sold by
Fannie Mae
Bought by
Wells David and Ingwerson Erin
Seller's Agent
Christopher Waaben
Maximum Realty Services
Buyer's Agent
Barbara Berardo
River Valley Realty, LLC
List Price
$369,900
Sold Price
$307,450
Premium/Discount to List
-$62,450
-16.88%
Current Estimated Value
$522,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,831
Avg. Annual Appreciation
7.40%
Original Mortgage
$292,078
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2016
Sold by
Buro Joseph G and Buro Megahan R
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 3, 2011
Sold by
Buro Joseph G and Rosenfeld Meghan R
Bought by
Buro Joseph G

Purchase Details

Closed on
Feb 15, 2008
Sold by
Gilpin Donald N and Gilpin Judith F
Bought by
Buro Joseph G and Buro Meghan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,155
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1992
Sold by
Higginsvivian M Est C/O R Higgins
Bought by
Gilpin Donaldn and Gilpin Judith L
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
Wells David $307,450 None Available
Federal National Mortgage Association -- None Available
Buro Joseph G -- None Available
Buro Joseph G $414,900 Chicago Title Insurance Co
Gilpin Donaldn $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells David $291,000
Closed Wells David $292,078
Previous Owner Buro Joseph G $394,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $307,450 -6.8% $235 / Sq Ft
12/11/2017 12/11/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $329,900 -4.3% $252 / Sq Ft
10/16/2017 10/16/17 Price Changed $344,900 -3.6% $264 / Sq Ft
09/14/2017 09/14/17 Price Changed $357,900 -3.2% $274 / Sq Ft
09/11/2017 09/11/17 For Sale $369,900 -- $283 / 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
2024 $9,192 $408,900 $254,300 $154,600
2023 $9,192 $392,500 $239,300 $153,200
2022 $8,836 $382,500 $229,300 $153,200
2021 $7,886 $372,500 $219,300 $153,200
2020 $8,273 $372,500 $219,300 $153,200
2019 $7,886 $372,500 $219,300 $153,200
2018 $7,662 $367,500 $214,300 $153,200
2017 $7,399 $362,500 $209,300 $153,200
2016 $7,154 $357,500 $204,300 $153,200
2015 $6,983 $346,200 $194,300 $151,900
2014 $6,900 $346,200 $194,300 $151,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000375247

Bright MLS

APN: 17-01064-0000-00002