NOT LISTED FOR SALE

7 School Ln Rio Grande, NJ 08242

Estimated Value: $391,000 - $450,000

4 Beds
2 Baths
1,355 Sq Ft
$301/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $290,000 $214 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,666/month

13 Days on Market

Highlights

  • Sun or Florida Room
  • Porch
  • Laundry closet
  • Middle Township Elementary No. 1 Rated A-
  • Living Room
  • Forced Air Zoned Heating and Cooling System

About This Home

As of February 2022

LBP in associated docs.

Last Agent to Sell the Property

Patrick Flynn

FLYNN AGENCY INC License #1325111 Listed on: 11/10/2021

Last Buyer's Agent

Wayland Lewis

ISLAND REALTY GROUP LLC License #0227653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 120x150
  • Property is zoned TR

Home Design

  • Wood Siding

Interior Spaces

  • 1,355 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Vinyl Flooring
  • Crawl Space
  • Storage In Attic

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 1441

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Mainland
  • District Township: 06-Middle Township
  • Near: Cape May,Wildwood,Brewery
  • Also Includes: Curtains, Shades, Blinds, Partial Furniture
  • Estimated Year Built: 1954
  • New Construction: No
  • Second Address Number: 7
  • Lot Size2: 120x150
  • Price per Sq Ft: 214.02
  • Selling Agent1: 997
  • Selling Office1: 386
  • OFFICELIST_STATE: NJ
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances Included: Range, Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Vinyl Flooring
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 10
  • Basement: Crawl Space
  • Estimated Living Sq Ft: 1355
  • Other Rooms: Living Room, Dining Room, Kitchen, Florida Room, Storage Attic, Laundry Closet

Exterior Features

  • Exterior: Wood
  • Frontage: 120
  • House Color: Brown
  • Outside Features: Porch, Cable TV

Garage/Parking

  • Parking Garage: Black Top Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Electric, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 6
  • Lot Size: 10000-20000 SqFt
  • Total Assessment: 200300
  • Zoning: TR

Tax Info

  • Taxes: 3887.82
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Feb 8, 2022
Sold by
Antonio Rodriguez Fernando and Antonio Chelsie
Bought by
Marcial Francisco Damian
Seller's Agent
Patrick Flynn
FLYNN AGENCY INC
Buyer's Agent
Wayland Lewis
ISLAND REALTY GROUP LLC
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$408,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,367
Avg. Annual Appreciation
9.51%
Original Mortgage
$203,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 6, 2018
Sold by
Est James W Bruce and James Ex Ruth M
Bought by
Rodriguez Fernando A and Rodriguez Fernando L
Seller's Agent
Patricia Brownhill
Coldwell Banker James C Otton Real Estate - CMCH
Buyer's Agent
Sheila Wannen
DILLER FISHER REALTORS
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$171,830
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marcial Francisco Damian $290,000 Surety Title
Rodriguez Fernando A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clavel Jose Gonzalez $216,015
Closed Marcial Francisco Damian $203,000
Previous Owner Rodriguez Fernando A $171,830
Previous Owner James Ruth M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $290,000 -1.7% $214 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $295,000 +68.6% $218 / Sq Ft
07/06/2018 07/06/18 Sold $175,000 0.0% $109 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $175,000 -- $109 / 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 $5,499 $254,800 $123,000 $131,800
2024 $5,499 $254,800 $123,000 $131,800
2023 $5,336 $254,800 $123,000 $131,800
2022 $4,066 $200,300 $123,000 $77,300
2021 $3,970 $200,300 $123,000 $77,300
2020 $3,888 $200,300 $123,000 $77,300
2019 $3,786 $200,300 $123,000 $77,300
2018 $3,718 $200,300 $123,000 $77,300
2017 $3,645 $200,300 $123,000 $77,300
2016 $3,031 $200,300 $123,000 $77,300
2015 $3,005 $200,300 $123,000 $77,300
2014 $2,981 $200,300 $123,000 $77,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 214153

Cape May County Association of REALTORS®

APN: 06-01441-0000-00006