NOT LISTED FOR SALE

56 Downs Ave Wharton, NJ 07885

Estimated Value: $474,000 - $586,006

4 Beds
2.5 Baths
1,696 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $285,400 $168 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,751/month

51 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Den
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of May 2016

Inviting, Updated Cape Cod Charmer! Mint Condition! Sweet open1st floor layout w/ high ceilings, refinished hardwood, built-ins, wood-burning stove, eat-in-country kitchen & lemonade front porch. Flexible and spacious w/ 4 bedrooms plus den & fun finished family room in basement w/ wet bar. Lots of house! Large landscaped yard with in-ground swimming pool, storage shed & privacy fence. Truly a gardeners delight! Perfect setting for entertaining & enjoyment of nature. Numerous updates include newer gas furnace, water heater, replacement windows providing lots of natural light. Refinished flooring. Ceiling Fans. Nicely finished bathrooms. Oversized 1 car garage. Storage Galore. A+ Curb Appeal. Precious walkable neighborhood. Close to shopping & mass transit.This one you will not want to miss. Great Value!

Last Agent to Sell the Property

Mary Sheeran

KELLER WILLIAMS METROPOLITAN Listed on: 01/05/2016

KELLER WILLIAMS METROPOLITAN

Last Buyer's Agent

JULIE WILLIAMS

KELLER WILLIAMS METROPOLITAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,503

Year Built

  • Built in 1927

Lot Details

  • 0.27 Acre Lot
  • Privacy Fence
  • Property is zoned R-65

Parking

  • 1 Car Garage
  • Oversized Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Utility Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Marieduffy Elementary School
  • Mackinnon Middle School
  • Morrishill High School

Utilities

  • Radiant Heating System
  • Standard Electricity
  • Gas Water Heater

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 2339-02015-0000-00004-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,503

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Style: Cape Cod
  • Primary Style: Cape Cod
  • Subproperty Type: Single Family
  • Year Built: 1927
  • County Name: Morris
  • Possible Other Uses: Home-Office
  • Directions: Main Street (R) onto Orange (R) onto Downs
  • I D: 4590017
  • Section Subdiv Development: St. Mary's
  • First Name: MARY K.
  • First Name3: JULIE
  • Last Name: SHEERAN
  • Last Name3: WILLIAMS
  • Office Phone: 9739570255
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer
  • Interior Amenities: Smoke Detector
  • Bedrooms: 4
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: Utility Room, Bath(s) Other, Laundry Room, Family Room, Storage Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Family Room Level: Basement
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 17x10
  • Kitchen Level: First
  • Living Room Dim: 18x13
  • Living Room Level: First
  • Level 1 Rooms: 2 Bedrooms, Living Room, Bath Main, Kitchen, Porch, Dining Room
  • Level 2 Rooms: 2 Bedrooms, Den, Bath(s) Other
  • Phone: 973-539-1120

Exterior Features

  • Exterior Description: Aluminum Siding
  • Exterior Features: Open Porch(es), Sidewalk, Storage Shed, Thermal Windows/Doors, Patio, Curbs, Privacy Fence
  • Pool: Yes
  • Pool Description: In-Ground Pool, Outdoor Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Oversize Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 4
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Radiant - Hot Water
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Pool-Outdoor

Schools

  • High School: MorrisHill
  • Middle Jr High School: Mackinnon

Lot Info

  • Lot Size: 94X125
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.27
  • Zoning: R-65

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 7503
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2339-02015-0000-00004-0000-
  • Tax Rate Amount: 2.863
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

MLS Schools

  • Grade School: MarieDuffy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Apr 26, 2016
Sold by
Szuch Jesse and Szuch Amber
Bought by
Frasche Michael and Frasche Maria
Seller's Agent
Mary Sheeran
KELLER WILLIAMS METROPOLITAN
Buyer's Agent
JULIE WILLIAMS
KELLER WILLIAMS METROPOLITAN
List Price
$299,000
Sold Price
$285,400
Premium/Discount to List
-$13,600
-4.55%
Current Estimated Value
$524,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,102
Avg. Annual Appreciation
6.54%
Original Mortgage
$274,114
Outstanding Balance
$218,569
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$305,933

Purchase Details

Closed on
Sep 11, 2009
Sold by
Nagy Martin A and Nagy Sandra J
Bought by
Szuch Jesse and Szuch Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.14%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frasche Michael $285,400 Fidelity National Title Ins
Szuch Jesse $270,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frasche Michael $274,114
Previous Owner Szuch Jesse $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $285,400 -4.5% $168 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $299,000 -- $176 / Sq Ft
Source: Garden State 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 $12,005 $435,400 $127,500 $307,900
2024 $10,087 $405,700 $122,500 $283,200
2023 $10,087 $336,900 $117,500 $219,400
2022 $9,403 $321,300 $117,500 $203,800
2021 $9,403 $308,200 $117,500 $190,700
2020 $9,296 $299,000 $117,500 $181,500
2019 $8,937 $289,800 $117,500 $172,300
2018 $8,519 $281,900 $117,500 $164,400
2017 $8,413 $275,400 $115,000 $160,400
2016 $7,533 $264,600 $112,500 $152,100
2015 $7,926 $262,100 $112,500 $149,600
2014 $7,936 $259,600 $112,500 $147,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3273537

Garden State MLS

APN: 39-02015-0000-00004