NOT LISTED FOR SALE

631 E Sherman Ave Vineland, NJ 08360

Estimated Value: $217,000 - $313,000

4 Beds
1 Bath
1,584 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $157,000 $99 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,686/month

36 Days on Market

Highlights

  • 1.22 Acre Lot
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

As of August 2023

This 4-bedroom home sits on approximately 1.22 acres of land and is currently being rented out for $1,300/month - and could be a great investment for a savvy investor. The property needs TLC and is being sold strictly as-is. Serviced by public water, private septic, and natural gas - this home has the potential to be a great property! Call today for details!

Last Agent to Sell the Property

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 06/26/2023

EXP Realty, LLC

Last Buyer's Agent

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 06/26/2023

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,679

Year Built

  • Built in 1863

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 125.00 x 425.00
  • Property is zoned 01

Home Design

  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,584 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Unfinished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • "None Available" Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 14-07102-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,679

Year Built

Built in 1863

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-26
  • Year Built: 1863
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry, Basement
  • Total Sq Ft: 1584
  • Living Area Sq Ft: 1584
  • Price Per Sq Ft: 123.11
  • Above Grade Finished Sq Ft: 1584
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 1.22
  • Lot Dimensions: 125.00 x 425.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 53126.00
  • Zoning: 01

Rental Info

  • Lease Considered: No
  • Total Actual Rent: 23748.00
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3679.00
  • Assessor Parcel Number: 14-07102-00016
  • Tax Lot: 00016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 22, 2023
Sold by
Lmc Rentals Llc
Bought by
Yud Realty Llc
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$195,000
Sold Price
$157,000
Premium/Discount to List
-$38,000
-19.49%
Views
525
Current Estimated Value
$260,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,021
Avg. Annual Appreciation
24.89%
Original Mortgage
$157,150
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 20, 2018
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Lmc Rentals Llc
Seller's Agent
MARIA MAZZUCKIS
REALHome Services and Solutions, Inc.
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$57,200
Sold Price
$59,325
Premium/Discount to List
$2,125
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.63%
Original Mortgage
$79,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2017
Sold by
Austino Robert A
Bought by
Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
May 7, 2002
Sold by
Santiago Rafael
Bought by
Santos Hector and Carman Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.18%

Purchase Details

Closed on
Sep 12, 1997
Sold by
Boneta Juan
Bought by
Santiago Rafael
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
Yud Realty Llc $157,000 None Listed On Document
Yud Realty Llc $157,000 None Listed On Document
Lmc Rentals Llc $56,500 --
Deutsche Bk Natl T Co Tr $10,000 --
Santos Hector $100,000 --
Santiago Rafael $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yud Realty Llc $157,150
Previous Owner Lmc Rentals Llc $79,000
Previous Owner Santos Hector $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $157,000 -19.5% $99 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $195,000 +228.7% $123 / Sq Ft
03/26/2018 03/26/18 Sold $59,325 +3.7% -- View Prior Sale
02/22/2018 02/22/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $57,200 -- --
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 $3,818 $119,900 $38,600 $81,300
2024 $3,818 $119,900 $38,600 $81,300
2023 $3,792 $119,900 $38,600 $81,300
2022 $3,680 $119,900 $38,600 $81,300
2021 $3,613 $119,900 $38,600 $81,300
2020 $3,509 $119,900 $38,600 $81,300
2019 $3,692 $127,900 $38,600 $89,300
2018 $3,595 $127,900 $38,600 $89,300
2017 $3,415 $127,900 $38,600 $89,300
2016 $3,295 $127,900 $38,600 $89,300
2015 $3,173 $127,900 $38,600 $89,300
2014 $3,001 $127,900 $38,600 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2013206

Bright MLS

APN: 14-07102-0000-00016