NOT LISTED FOR SALE

530 Drexel Ave Lawrence Township, NJ 08648

Estimated Value: $475,000 - $577,000

4 Beds
2.5 Baths
1,400 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $316,500 $226 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,245/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Lawrence High School Rated A-
  • No HOA
  • Patio

About This Home

As of January 2019

Expanded 4 bedroom Cape with 2.5 baths is located in much sought after Lawrence Twp. With award winning schools and convenient location, this updated home is ready for its new owner. Only thing to do here is unpack! Remodeled kitchen with all new stainless appliances is open to the spacious bright and sunny living room with large glass block window that overlooks the front yard, 2 beautifully tiled updated full baths, 2 nicely sized bedrooms on the main level and 2 large bedrooms on the upper level. Gorgeous hardwood flooring. Enjoy relaxing in the sun room which looks out to the large private back yard. New roof, new furnace and A/C, updated electrical - ideal location for commuting with public transportation and major highways nearby. Only a short drive to downtown Princeton. Conveniently located to restaurants, shopping, parks and more. Come see it today!

Last Agent to Sell the Property

Joe DeLorenzo

(609) 635-0714 joe@joedhomes.com RE/MAX Select - Princeton License #9483422 Listed on: 09/22/2018

RE/MAX Select - Princeton

Last Buyer's Agent

Padma Subramaniam

padma.subramaniam@gmail.com Keller Williams Realty West Monmouth

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,656

Year Built

  • Built in 1964

Lot Details

  • 9,650 Sq Ft Lot
  • Lot Dimensions are 50x193
  • Property is in good condition
  • Property is zoned R-2B

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include heat

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 07-01302-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,656

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: As Shown
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Net Sq Ft: 1400.00
  • Price Per Sq Ft: 232.07
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Heat
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 114700.00
  • Land Assessed Value: 87300.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50X193
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9650.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: R-2B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2127670
  • Tax Annual Amount: 5656.00
  • Assessor Parcel Number: 07-01302-00020
  • Tax Lot: 00020
  • Tax Year: 2018

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2018
Closed on
Jan 8, 2019
Sold by
Sebasto Anthony J and Sebasto Anthony
Bought by
Lacheta Michael
Seller's Agent
Joe DeLorenzo
RE/MAX Select - Princeton
Buyer's Agent
Padma Subramaniam
Keller Williams Realty West Monmouth
List Price
$324,900
Sold Price
$316,500
Premium/Discount to List
-$8,400
-2.59%
Current Estimated Value
$513,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,690
Avg. Annual Appreciation
7.36%
Original Mortgage
$279,000
Outstanding Balance
$245,298
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$267,892

Purchase Details

Closed on
Nov 9, 2009
Sold by
Sebasto Anthony L
Bought by
Sebasto Anthony J and Sebasto Anthony
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
Lacheta Michael $316,500 Unites Title Agency Llc
Sebasto Anthony J $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacheta Michael $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2019 01/08/19 Sold $316,500 -2.6% $226 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $324,900 -- $232 / 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 $6,633 $214,100 $87,300 $126,800
2024 $6,500 $214,100 $87,300 $126,800
2023 $6,500 $214,100 $87,300 $126,800
2022 $6,382 $214,100 $87,300 $126,800
2021 $6,301 $214,100 $87,300 $126,800
2020 $6,213 $214,100 $87,300 $126,800
2019 $5,787 $202,000 $87,300 $114,700
2018 $5,656 $202,000 $87,300 $114,700
2017 $5,630 $202,000 $87,300 $114,700
2016 $5,547 $202,000 $87,300 $114,700
2015 $5,393 $202,000 $87,300 $114,700
2014 $5,292 $202,000 $87,300 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006747154

Bright MLS

APN: 07-01302-0000-00020