NOT LISTED FOR SALE

626 Park Ave Laurel Springs, NJ 08021

Estimated Value: $408,000 - $949,000

3 Beds
2 Baths
-- Sq Ft
0.55 Acres

Last Sold January 22, 2018

Last sale price $80,000

Est. 584% increase in value since last sale

Current estimated payment $4,000/month

256 Days on Market

Highlights

  • Additional Residence on Property
  • Colonial Architecture
  • Attic
  • In Ground Pool
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2018

Historic Property with income producing possibilities. This property sits on a large corner lot and has retained that early 20th century charm. The lot is to the larger size at 0.55 ac. It includes an INGROUND POOL with hot tub, STAMPED CONCRETE APRON, HARDSCAPING AND NEWER BRICK WALKWAYS and surrounded by an aluminum fence. There are two attached garages. One two car for the main house and a ONE car for the separate building that has been rented out in the past as a income producing. There were two units in the building. The main house has HARDWOOD FLOORS THROUGHOUT, arched entryways and charm, charm, charm. The kitchen has been updated and boasts new cabinets, SOLID SURFACE COUNTER TOP AND STAINLESS STEEL APPLIANCE PACKAGE. The main floor bathroom has had the tub removed. The upstairs bath looks nice, has some upgraded but still retains world charm. The laundry was originally in the full sized basement but a combo unit was installed and vented through the walk in closet in the master bedroom. Home at one point had oil but has been converted to gas some time ago. That said, the under ground tank remains and has been tested. results of which are available. Property is being sold in "As-is" condition. Offers an excellent opportunity for both sweat equity and income production!!

Last Agent to Sell the Property

GERARD MCMANUS

(856) 373-3537 jerrymcmanusre@gmail.com Keller Williams Realty - Washington Township Listed on: 11/10/2016

Keller Williams Realty - Washington Township

Last Buyer's Agent

Kenneth Weidler

(856) 261-6474 RealEstateKW@comcast.net BHHS Fox & Roach-Washington-Gloucester

BHHS Fox & Roach-Washington-Gloucester

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 120x200
  • Corner Lot
  • Sloped Lot
  • Back, Front, and Side Yard
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • In Ground Pool
  • Porch

Additional Homes

  • Additional Residence on Property

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 20-00058-00016

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Appliances "As-Is"
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1926
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: 2nd House
  • Access To Pool: Yes
  • Exterior Features: Sidewalks, Street Lights
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 198700.00
  • Land Assessed Value: 44800.00
  • Lot Features: Corner, Sloping, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.55
  • Lot Dimensions: 120X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24000.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1890882
  • Tax Annual Amount: 12044.00
  • Assessor Parcel Number: 20-00058-00016
  • Tax Lot: 00016
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Jan 22, 2018
Sold by
Severson John E and The Estate Of Elizabeth Hallow
Bought by
Cruz Joseph A and Cruz Jill E
Seller's Agent
GERARD MCMANUS
Keller Williams Realty - Washington Township
Buyer's Agent
Kenneth Weidler
BHHS Fox & Roach-Washington-Gloucester
List Price
$95,000
Sold Price
$80,000
Premium/Discount to List
-$15,000
-15.79%
Current Estimated Value
$547,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,373
Avg. Annual Appreciation
27.64%
Original Mortgage
$345,594
Outstanding Balance
$299,954
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$247,419

Purchase Details

Closed on
Dec 15, 2000
Sold by
Estate Of Enos S Hallowell
Bought by
Hallowell Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruz Joseph A $80,000 Commonwealth Land Title Ins
Hallowell Elizabeth $47,816 --
Hallowell Elizabeth $47,816 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Joseph A $345,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $80,000 -15.8% --
07/24/2017 07/24/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $95,000 0.0% --
01/16/2017 01/16/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $95,000 0.0% --
12/30/2016 12/30/16 Pending -- -- --
12/16/2016 12/16/16 Price Changed $95,000 -13.6% --
11/10/2016 11/10/16 For Sale $110,000 -- --
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 $13,548 $243,500 $44,800 $198,700
2024 $13,130 $243,500 $44,800 $198,700
2023 $13,130 $243,500 $44,800 $198,700
2022 $12,920 $243,500 $44,800 $198,700
2021 $12,801 $243,500 $44,800 $198,700
2020 $12,647 $243,500 $44,800 $198,700
2019 $1,278 $243,500 $44,800 $198,700
2018 $12,414 $243,500 $44,800 $198,700
2017 $12,044 $243,500 $44,800 $198,700
2016 $12,193 $162,400 $34,100 $128,300
2015 $11,912 $162,400 $34,100 $128,300
2014 $11,729 $162,400 $34,100 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001769935

Bright MLS

APN: 20-00058-0000-00016