NOT LISTED FOR SALE

540 Oak Ave Linwood, NJ 08221

Estimated Value: $473,687 - $525,000

3 Beds
2 Baths
-- Sq Ft
0.36 Acres

Last Sold February 15, 2019

Last sale price $240,000

Est. 102% increase in value since last sale

Current estimated payment $3,474/month

76 Days on Market

Highlights

  • Family Room with Fireplace
  • Ranch Style House
  • Porch
  • Seaview Elementary School Rated A-
  • Wood Flooring
  • Storage

About This Home

As of February 2019

You don't see to many large ranch style homes like this. The home boasts over 1800 sq. ft. of living space that was refurbished to beautiful condition. Impressive is the best word to describe this fine home offering 3 good sized bedrooms and 2 full bathrooms. Plus, the master bedroom has its own sitting area. Beautiful hardwood floors, custom kitchen cabinets and granite counter tops are just a few great features of the property. The property offers a huge yard and a convenient location.

Last Agent to Sell the Property

Art Barrera

PLATINUM REAL ESTATE License #0234489 Listed on: 10/23/2018

PLATINUM REAL ESTATE

Last Buyer's Agent

Monte Rose

BALSLEY/LOSCO License #9911412

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,908

Year Built

  • Built in 1963

Lot Details

  • 0.36

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House

Interior Spaces

  • Family Room with Fireplace
  • Storage
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 100x159

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,908

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 10/23/2018
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Fireplace: Family Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Outside Features: Curbs, Porch

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 100x159
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Feb 14, 2019
Sold by
540 Oak Llc
Bought by
Yuan Elizabeth
Seller's Agent
Art Barrera
PLATINUM REAL ESTATE
Buyer's Agent
Monte Rose
BALSLEY/LOSCO
List Price
$279,500
Sold Price
$240,000
Premium/Discount to List
-$39,500
-14.13%
Current Estimated Value
$483,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,667
Avg. Annual Appreciation
11.02%
Original Mortgage
$1,400,000
Outstanding Balance
$918,653
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
-$445,119

Purchase Details

Closed on
Jun 25, 2018
Sold by
Grunfeld Menashe
Bought by
540 Oak Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,075
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2018
Sold by
Ferguson James F
Bought by
Grunfeld Menashe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,075
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1989
Sold by
Finch Thomas M and Finch Theresa C
Bought by
Miller Charles R and Jeanne Marie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yuan Elizabeth $240,000 Agents Title Llc
540 Oak Llc -- Successful Abstract
Grunfeld Menashe $162,000 Successful Abstract
Miller Charles R $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Elizabeth $1,400,000
Previous Owner 540 Oak Llc $168,075
Previous Owner Miller Charles R $484,500
Previous Owner Miller Charles $62,586
Previous Owner Miller Charles R $85,000
Previous Owner Miller Charles R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $240,000 -7.5% --
01/07/2019 01/07/19 Pending -- -- --
12/12/2018 12/12/18 Price Changed $259,500 -3.7% --
11/14/2018 11/14/18 Price Changed $269,500 -3.6% --
10/23/2018 10/23/18 For Sale $279,500 -- --
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
2024 $9,908 $259,700 $115,100 $144,600
2023 $8,655 $237,900 $115,100 $122,800
2022 $8,655 $237,900 $115,100 $122,800
2021 $8,579 $237,900 $115,100 $122,800
2020 $8,460 $237,900 $115,100 $122,800
2019 $8,279 $237,900 $115,100 $122,800
2018 $8,093 $237,900 $115,100 $122,800
2017 $7,932 $237,900 $115,100 $122,800
2016 $7,665 $237,900 $115,100 $122,800
2015 $7,672 $237,900 $115,100 $122,800
2014 $7,400 $238,700 $115,100 $123,600
Source: Public Records

Agents Affiliated with this Home

  • Art Barrera

    Seller's Agent in 2019

    Art Barrera

    PLATINUM REAL ESTATE

    (609) 287-0923

    57 Total Sales

    Section Image
  • Monte Rose

    Buyer's Agent in 2019

    Monte Rose

    BALSLEY/LOSCO

    (609) 646-3207

    18 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 513113

South Jersey Shore Regional MLS

APN: 14-00125-0000-00007

New Jersey Atlantic County Linwood 08221

540 Oak Ave, Linwood, NJ

This home is located at 540 Oak Ave, Linwood, NJ 08221 since 23 October 2018 and is currently estimated at $494,672. This property was built in 1963. 540 Oak Ave is a home located in Atlantic County with nearby schools including Seaview Elementary School, Belhaven Middle School, and Mainland Regional High School.

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