NOT LISTED FOR SALE

6 Federal Ln Villas, NJ 08251

Estimated Value: $340,000 - $372,000

2 Beds
1 Bath
888 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $56,000 $63 Per Sq Ft

Est. 531% increase in value since last sale

Current estimated payment $2,148/month

43 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Interior Lot

About This Home

As of August 2017

This is a Fannie Mae HomePath property. Property is in Fannie Mae “First Look Period” which ends after 20 days. Buyer responsible for any and all Inspections, Certifications and documents required to close. Seller nor agent have any previous knowledge of the property. Fannie Mae will not accept any contingencies to contract. Seller has requested that all offers for this listing must be made online via the HomePath Listing Site - (www. HomePath.com. It is strongly encouraged that an offer includes proof of funds (Cash) or pre-approval (financed) and is a requirement for seller's final acceptance. The following must be entered in other Conditions section of Main Contract. – “Pursuant to section 28 of the Real Estate Purchase Addendum, this document is subject to all terms and conditions as set forth in the real estate purchase addendum.”. HomePath offer help desk is 1-866-218-4446 if you need assistance. ****Please see associated docs for contract packet. Please follow the directions and complete the entire packet per highlighted marks, as incomplete contracts will be rejected. ****

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY License #0338089 Listed on: 06/20/2017

COASTAL ELITE REALTY

Last Buyer's Agent

Bryan Steere

BLUE HOMES REAL ESTATE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,288

Lot Details

  • Lot Dimensions are 60x100
  • Interior Lot

Parking

  • Driveway

Home Design

  • 888 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Eat-In Kitchen
  • Well

Listing and Financial Details

  • Legal Lot and Block 3 / 334

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,288

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot
  • District Township: 05-Lower Township
  • New Construction: No
  • Second Address Number: 6
  • Lot Size2: 60X100
  • Price per Sq Ft: 63.06
  • Selling Agent1: 3266
  • Selling Office1: 537
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Total Rooms: 5
  • Estimated Living Sq Ft: 888
  • Other Rooms: Kitchen, Eat-In-Kitchen

Exterior Features

  • Construction: Ranch

Garage/Parking

  • Parking Garage: Concrete Driveway

Utilities

  • Sewer: City
  • Water: Well

Lot Info

  • Lot Number: 3
  • Lot Size: 1 to 6000 SqFt

Tax Info

  • Taxes: 2287.56
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Aug 8, 2017
Sold by
Fannie Mae
Bought by
Staley Robert and Staley Jessica
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Bryan Steere
BLUE HOMES REAL ESTATE LLC
List Price
$62,000
Sold Price
$56,000
Premium/Discount to List
-$6,000
-9.68%
Current Estimated Value
$353,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,291
Avg. Annual Appreciation
25.06%

Purchase Details

Closed on
Dec 28, 2016
Sold by
Dietch Financial Llc and Stecher Kurt
Bought by
Federal National Mortgage Association
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
Staley Robert $56,000 Shore Title Agency
Federal National Mortgage Association $299,931 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stecher Eleanor M $25,000
Previous Owner Stecher Eleanor M $23,600
Previous Owner Stecher Eleanor Marie $171,000
Previous Owner Stecher Eleanor Marie $155,000
Previous Owner Stecher Eleanor $145,000
Previous Owner Stecher Eleanor Marie $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $56,000 -9.7% $63 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $62,000 -- $70 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $2,672 $132,000 $74,000 $58,000
2024 $2,672 $132,000 $74,000 $58,000
2023 $2,629 $132,000 $74,000 $58,000
2022 $2,552 $132,000 $74,000 $58,000
2021 $2,472 $132,000 $74,000 $58,000
2020 $2,431 $132,000 $74,000 $58,000
2019 $2,373 $132,000 $74,000 $58,000
2018 $2,319 $132,000 $74,000 $58,000
2017 $2,319 $132,000 $74,000 $58,000
2016 $2,288 $132,000 $74,000 $58,000
2015 $2,215 $132,000 $74,000 $58,000
2014 $2,134 $132,000 $74,000 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 176905

Cape May County Association of REALTORS®

APN: 05-00334-06-00003-02