NOT LISTED FOR SALE

55 E Faunce Landing Rd Absecon, NJ 08201

Estimated Value: $249,000 - $320,000

2 Beds
1.5 Baths
868 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $119,000 $137 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,925/month

29 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Fenced
  • Ranch Style House
  • Enclosed patio or porch

About This Home

As of August 2019

LOCATION CANNOT BE IGNORED WHEN LOOKING AT THIS HOME! STARTER HOME BUYERS, HERE IS THE HOME YOU HAVE BEEN WAITING FOR! Loaded with charm, this cozy 2 bed, 1 and 1/2 Bath Ranch is just the right size. The home itself is set back a significant distance from the road for maximum privacy. Located 0.3 miles away from the Boat Launch at Absecon Creek, it is an ideal location for you to grab your fishing pole and walk down to the water. After returning from fishing, barbecue in the beautiful, private fenced in backyard. After dinner, don't forget to put that fishing gear away where there is plenty of storage space such as in the basement or in the walk up attic. With a little touch up, the wood floors would invite elegance and shine again. Need more? This home boasts doors to the 3 season room from both carpeted bedrooms. During the Fall after the leaves have dropped, you can see the Creek from the kitchen window! Furnace chimney was recently replaced in December. Needs some work, but a great starter home and the potential cannot be ignored!

Last Listed By

Joe Marmo & Robyn Marmo

Quail Hill Realty at Smithville License #0343906 Listed on: 05/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 50 x 200
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House

Interior Spaces

  • Wood Burning Stove
  • Wood Burning Fireplace
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Storm Screens

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,340

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 05/20/2019
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Wood Burning, Wood Stove
  • Flooring: Hardwood, Tile, Vinyl, W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Inside Entrance, Outside Entrance, Unfinished

Exterior Features

  • Outside Features: Fenced Yard, Needs Work, Porch Enclosed
  • Storm Screens: Screens, Storms

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Lot Dimensions: 50 X 200
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 28, 2019
Sold by
Holcomb Susan Lee
Bought by
Birchall Jennifer
Seller's Agent
Joe Marmo & Robyn Marmo
Quail Hill Realty at Smithville
Buyer's Agent
JENNIFER BIRCHALL
BHHS DIVERSIFIED REALTY
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%
Total Days on Market
29
Current Estimated Value
$281,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,889
Avg. Annual Appreciation
15.15%
Original Mortgage
$113,050
Interest Rate
3.7%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Holcomb Susan Lee and Holcomb Bernard P
Bought by
Holcomb Susan Lee

Purchase Details

Closed on
May 10, 2005
Sold by
Holcomb Susan Lee
Bought by
Holcomb Susan Lee and Holcomb Bernard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
5.46%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 21, 2001
Sold by
Lee Howard W
Bought by
Holcomb Susan Lee

Purchase Details

Closed on
Sep 6, 1989
Sold by
Lee Anna Elmira and Lee Anna W
Bought by
Lee Anna E and Lee Howard W

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
Birchall Jennifer $119,000 Agents Title Llc
Holcomb Susan Lee -- None Available
Holcomb Susan Lee -- --
Holcomb Susan Lee -- --
Lee Anna E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birchall Jennifer $50,000
Closed Birchall Jennifer $115,500
Closed Birchall Jennifer $113,050
Previous Owner Holcomb Susan Lee $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $119,000 -8.4% $137 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $129,900 -- $150 / Sq Ft
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 $4,340 $129,700 $91,800 $37,900
2023 $4,288 $129,700 $91,800 $37,900
2022 $4,288 $129,700 $91,800 $37,900
2021 $4,275 $129,700 $91,800 $37,900
2020 $4,283 $129,700 $91,800 $37,900
2019 $4,252 $129,700 $91,800 $37,900
2018 $5,290 $160,700 $91,800 $68,900
2017 $5,252 $160,700 $91,800 $68,900
2016 $5,104 $160,700 $91,800 $68,900
2015 $5,038 $160,700 $91,800 $68,900
2014 $4,969 $160,700 $91,800 $68,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 522500

South Jersey Shore Regional MLS

APN: 01-00164-0000-00041