71 Lotus Ln Penns Grove, NJ 08069
Estimated Value: $289,000 - $335,000
4
Beds
2.5
Baths
1,794
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Deck
- Attic
- Cul-De-Sac
- Rambler Architecture
- No HOA
- 2 Car Attached Garage
About This Home
As of June 2015Wow, great find spacious four bedroom two and half bathroom rancher! Large eat-in kitchen with two cooktops, dining room with window seat storage, living room with wood burning fireplace and a wet bar area that's perfect for entertaining. Master bedroom features French doors that open to the rear deck, walk-in closet and a full bath with separate vanity area. Tankless water heater, and newer Central Air unit for years of worry free maintenance. Secluded cul-de-sac location with a fenced in oversized yard. Plenty of off street parking too. This home boasts many of the features you've been looking for, call today to take a look and see for yourself!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,846
Year Built
- Built in 1992
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 102x150
- Cul-De-Sac
- Level Lot
- Property is in good condition
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Driveway
Home Design
- Rambler Architecture
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 1,794 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Brick Fireplace
- Living Room
- Dining Room
- Laundry on main level
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop
- Dishwasher
- Kitchen Island
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Outdoor Features
- Deck
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00055
- Assessor Parcel Number 02-00070-00055
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2014
Closed on
Jun 19, 2015
Sold by
Salerno Michael and Salerno Catherine C
Bought by
Patterson Zachary and Patierson Misty E Brown
Seller's Agent
Richard Eber
Keller Williams Hometown
Buyer's Agent
Dylan Burnett
Home and Heart Realty
List Price
$189,999
Sold Price
$178,500
Premium/Discount to List
-$11,499
-6.05%
Total Days on Market
214
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,807
Avg. Annual Appreciation
6.97%
Original Mortgage
$175,266
Outstanding Balance
$140,485
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$207,425
Purchase Details
Closed on
Aug 2, 1989
Bought by
Salerno Michael + Catherine
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Penns Grove, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patterson Zachary | $178,500 | Attorney | |
| Salerno Michael + Catherine | $18,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patterson Zachary | $175,266 | |
| Previous Owner | Salerno Michael W | $35,000 | |
| Previous Owner | Salerno Michael W | $30,000 | |
| Previous Owner | Salerno Michael | $156,000 | |
| Previous Owner | Salerno Catherine C | $30,000 | |
| Previous Owner | Salerno Michael | $20,000 | |
| Previous Owner | Salerno Michael W | $111,238 | |
| Previous Owner | Salerno Michael | $64,260 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2015 06/19/15 | Sold | $178,500 | -3.5% | $99 / Sq Ft |
| 04/22/2015 04/22/15 | Pending | -- | -- | -- |
| 12/29/2014 12/29/14 | Price Changed | $184,999 | -2.6% | $103 / Sq Ft |
| 11/12/2014 11/12/14 | Price Changed | $189,990 | 0.0% | $106 / Sq Ft |
| 09/20/2014 09/20/14 | For Sale | $189,999 | -- | $106 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,298 | $176,900 | $38,800 | $138,100 |
| 2023 | $6,298 | $176,900 | $38,800 | $138,100 |
| 2022 | $5,926 | $176,900 | $38,800 | $138,100 |
| 2021 | $5,870 | $176,900 | $38,800 | $138,100 |
| 2020 | $5,921 | $176,900 | $38,800 | $138,100 |
| 2019 | $5,970 | $176,900 | $38,800 | $138,100 |
| 2018 | $5,190 | $164,800 | $37,800 | $127,000 |
| 2017 | $4,839 | $164,800 | $37,800 | $127,000 |
| 2016 | $4,662 | $164,800 | $37,800 | $127,000 |
| 2015 | $6,176 | $229,000 | $49,000 | $180,000 |
| 2014 | $5,846 | $229,000 | $49,000 | $180,000 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Eber
Seller's Agent in 2015
Richard Eber
Keller Williams Hometown
(856) 430-1320
83 Total Sales
-
D
Buyer's Agent in 2015
Dylan Burnett
Home and Heart Realty
Map
Source: Bright MLS
MLS Number: 1003093014
APN: 02-00070-0000-00055
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