Seller's Agent in 2016
John Ratico
RE/MAX
(609) 610-4831
8 Total Sales
57 Groveland Ave Ewing, NJ 08638
Braeburn Heights NeighborhoodEstimated Value: $269,000 - $424,000
4
Beds
1
Bath
1,248
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Living Room
- Deck
- Eat-In Kitchen
- En-Suite Primary Bedroom
About This Home
As of November 2016Adorable Cape with an unusually large spacious front lawn. This Cape has living room, eat in kitchen two bedrooms on first floor and additional two bedrooms on the second floor. Convenient to major highways and train station. The location of two bedrooms, bathroom, kitchen and laundry on the first floor enable one-floor living if desired. Keep the current tenants in place and you have a turn-key investment opportunity with positive cash flow. With a 10 percent down payment, the potential exists for an annual return above 40 percent. Monthly expenses and property taxes are low. Tenants are responsible for heat and electric.
Last Buyer's Agent
Coldwell Banker Residential Brokerage - Princeton License #1536329
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,732
Year Built
- Built in 1950
Lot Details
- 4,498 Sq Ft Lot
- Lot Dimensions are 40x112
- Level Lot
- Property is in good condition
- Property is zoned R-2
Parking
- 3 Open Parking Spaces
Home Design
- Cape Cod Architecture
- Brick Foundation
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,248 Sq Ft Home
- Property has 2 Levels
- Living Room
- Vinyl Flooring
- Eat-In Kitchen
- Laundry on main level
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
Schools
- Wl Antheil Elementary School
- Gilmore J Fisher Middle School
- Ewing High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Brae Burn Heights Subdivision
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 02-00122 01-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2021
Sold by
Lopez Jose Ovalle
Bought by
Molineros Militza Matbely Ayala
Current Estimated Value
Purchase Details
Listed on
Jul 23, 2016
Closed on
Nov 30, 2016
Sold by
Hendrickson Denise M
Bought by
Lopez Jose Ovalle
Seller's Agent
John Ratico
RE/MAX Tri County
Buyer's Agent
Bradford Schreffler
Coldwell Banker Residential Brokerage - Princeton
List Price
$119,000
Sold Price
$110,000
Premium/Discount to List
-$9,000
-7.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$108,007
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Listed on
May 3, 2012
Closed on
Aug 22, 2012
Sold by
Garcia Rafael and Garcia Raphael
Bought by
Hendrickson Clifford A and Hendrickson Denise M
Seller's Agent
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
Buyer's Agent
John Ratico
RE/MAX Tri County
List Price
$109,900
Sold Price
$97,000
Premium/Discount to List
-$12,900
-11.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Purchase Details
Closed on
May 28, 1993
Sold by
Ely Thomas C and Ely James J
Bought by
Garcia Raphael and Garcia Lois
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Molineros Militza Matbely Ayala | -- | Empire Ttl & Abstract Agcy L | |
| Lopez Jose Ovalle | $110,000 | North American Title Co | |
| Hendrickson Clifford A | $97,000 | None Available | |
| Garcia Raphael | $78,000 | -- | |
| Garcia Raphael | $78,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lopez Jose Ovalle | $108,007 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2016 12/08/16 | Off Market | $110,000 | -- | -- |
| 11/11/2016 11/11/16 | Sold | $110,000 | -7.6% | $88 / Sq Ft |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- |
| 07/23/2016 07/23/16 | For Sale | $119,000 | +22.7% | $95 / Sq Ft |
| 08/22/2012 08/22/12 | Sold | $97,000 | -11.7% | -- |
| 07/02/2012 07/02/12 | Pending | -- | -- | -- |
| 05/03/2012 05/03/12 | For Sale | $109,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,691 | $144,700 | $41,300 | $103,400 |
| 2024 | $5,350 | $144,700 | $41,300 | $103,400 |
| 2023 | $5,350 | $144,700 | $41,300 | $103,400 |
| 2022 | $5,205 | $144,700 | $41,300 | $103,400 |
| 2021 | $5,078 | $144,700 | $41,300 | $103,400 |
| 2020 | $5,005 | $144,700 | $41,300 | $103,400 |
| 2019 | $4,875 | $144,700 | $41,300 | $103,400 |
| 2018 | $3,697 | $70,000 | $23,300 | $46,700 |
| 2017 | $3,784 | $70,000 | $23,300 | $46,700 |
| 2016 | $3,732 | $70,000 | $23,300 | $46,700 |
| 2015 | $3,683 | $70,000 | $23,300 | $46,700 |
| 2014 | $3,673 | $70,000 | $23,300 | $46,700 |
Source: Public Records
Agents Affiliated with this Home
-
John Ratico
-
Bradford Schreffler
Buyer's Agent in 2016
Bradford Schreffler
Coldwell Banker Residential Brokerage - Princeton
(609) 516-1842
29 Total Sales
-
Roxanne Gennari
Seller's Agent in 2012
Roxanne Gennari
Coldwell Banker Residential Brokerage-Princeton Jct
(609) 306-7148
1 in this area
226 Total Sales
Map
Source: Bright MLS
MLS Number: 1003887457
APN: 02-00122-01-00008
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