NOT LISTED FOR SALE

5929 Chestnut St Mays Landing, NJ 08330

Estimated Value: $155,000 - $261,000

2 Beds
1 Bath
728 Sq Ft
$270/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $65,000 $89 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,365/month

379 Days on Market

Highlights

  • 5.16 Acre Lot
  • Colonial Architecture
  • Eat-In Kitchen
  • Cedar Creek High School Rated A-
  • No HOA
  • Living Room

About This Home

As of April 2018

One story country home in Atlantic County on over 5 acres of land with two bedrooms, one bath, full basement and plenty of room for expansion. Property has rear deck and has well and septic. and is being sold AS IS. Buyer is responsible for any township requirements to effectuate closing. Home had been winterized and is need of a full rehab. Property was bought from an REO and owner makes no warranties as to condition.

Last Agent to Sell the Property

Donna DeStefano

(215) 732-8300 info@parealtyworks.com PA RealtyWorks LLC License #RM426151 Listed on: 01/23/2017

Last Buyer's Agent

Donna DeStefano

(215) 732-8300 info@parealtyworks.com PA RealtyWorks LLC License #RM426151 Listed on: 01/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1940

Lot Details

  • 5.16 Acre Lot
  • Property is zoned RD-5

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 728 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Heating Available
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 12-00883-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 728
  • Living Area Sq Ft: 728
  • Net Sq Ft: 728.00
  • Price Per Sq Ft: 89.29
  • Above Grade Finished Sq Ft: 728
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • 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: 5

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 52400.00
  • Land Assessed Value: 56300.00
  • Lot Size Acres: 5.16
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 224770.00
  • Property Attached Yn: No
  • Zoning: RD-5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3388038
  • Tax Annual Amount: 3332.00
  • Assessor Parcel Number: 12-00883-00006
  • Tax Lot: 00006
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 16, 2018
Sold by
Maltepes Stelios and Maltepes Mattheo
Bought by
Devito Joseph M
Seller's Agent
Donna DeStefano
PA RealtyWorks LLC
Buyer's Agent
Donna DeStefano
PA RealtyWorks LLC
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$196,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,630
Avg. Annual Appreciation
15.66%
Original Mortgage
$49,600
Outstanding Balance
$42,655
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$153,975

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 10, 2016
Sold by
Wells Fargo Bank
Bought by
Maltepes Maria
Seller's Agent
MARIA MAZZUCKIS
REALHome Services and Solutions, Inc.
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$60,909
Sold Price
$60,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Hickerson Patrick Steven and Hickerson Rae
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 13, 2006
Sold by
Michel Ferdinand
Bought by
Patrick Hickerson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2001
Sold by
Leeds Harry A and Leeds Vanessa G
Bought by
Michel Ferdinand J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
6.67%
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
Devito Joseph M $62,000 Downtown Abstract Inc
Maltepes Maria $60,909 --
Wells Fargo Bank Na $1,000 None Available
Patrick Hickerson $170,000 --
Michel Ferdinand J $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devito Joseph M $49,600
Previous Owner Patrick Hickerson $100,000
Previous Owner Michel Ferdinand J $45,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2018 04/13/18 Sold $65,000 0.0% $89 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $65,000 0.0% $89 / Sq Ft
01/23/2018 01/23/18 Off Market $65,000 -- --
11/09/2017 11/09/17 Price Changed $65,000 -40.4% $89 / Sq Ft
04/12/2017 04/12/17 Price Changed $109,000 -22.1% $150 / Sq Ft
01/23/2017 01/23/17 For Sale $140,000 +129.9% $192 / Sq Ft
10/20/2016 10/20/16 Sold $60,909 0.0% -- View Prior Sale
09/06/2016 09/06/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $60,909 -- --
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 $3,935 $114,700 $56,300 $58,400
2024 $3,935 $114,700 $56,300 $58,400
2023 $3,700 $114,700 $56,300 $58,400
2022 $3,700 $114,700 $56,300 $58,400
2021 $3,692 $114,700 $56,300 $58,400
2020 $3,692 $114,700 $56,300 $58,400
2019 $3,508 $108,700 $56,300 $52,400
2018 $3,385 $108,700 $56,300 $52,400
2017 $3,332 $108,700 $56,300 $52,400
2016 $3,238 $108,700 $56,300 $52,400
2015 $3,128 $108,700 $56,300 $52,400
2014 $3,202 $121,900 $65,400 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000369273

Bright MLS

APN: 12-00883-0000-00006