NOT LISTED FOR SALE

7201 Fernwood Ave Egg Harbor Township, NJ 08234

Estimated Value: $515,000 - $597,000

5 Beds
2 Baths
2,404 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $260,000 $108 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,777/month

76 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • 2 Car Attached Garage
  • Egg Harbor Township High School Rated A
  • Great Room
  • Eat-In Kitchen

About This Home

As of October 2018

Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. The seller acquired the property through foreclosure or deed in lieu of foreclosure or from an entity that acquired it through foreclosure of deed in lieu of foreclosure. The property is being sold in as is condition and the seller or sellers agents do not make any representations or warranties as to condition. Seller does not have any financials or prior utility bills from the prior owner. It is the buyers responsibility for all local and state inspections that are needed prior to closing. All questions and concerns should be answered by personal inspection and research. Buyer to verify square footage of lot and structure.All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Submit offers http://www.spsreo.com/?c=AVNR

Last Agent to Sell the Property

Edward Augsberger

COASTAL ELITE REALTY Listed on: 07/03/2018

COASTAL ELITE REALTY

Last Buyer's Agent

Cindy Kaczmarski

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,159

Year Built

  • Built in 1970

Lot Details

  • 4.57

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Deck
  • Sprinkler System

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,159

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 07/03/2018
  • Year Built: 1970
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Living Room
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Smoke/Fire Alarm
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room

Exterior Features

  • Outside Features: Deck, Sprinkler System
  • Siding Exterior: Stucco, Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 4.57 AC
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Oct 31, 2018
Sold by
U S Bank N A
Bought by
Young Lorraine Patlen
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Cindy Kaczmarski
Compass New Jersey-Ocean City (O463E)
List Price
$239,000
Sold Price
$260,000
Premium/Discount to List
$21,000
8.79%
Current Estimated Value
$549,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,945
Avg. Annual Appreciation
11.02%
Original Mortgage
$247,354
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2018
Sold by
Simmons Gwendolyn and Simmons Gwendolyn E
Bought by
Us Bank Na and Beat Stearns Asset Backed Securities 1 T

Purchase Details

Closed on
Aug 12, 2015
Sold by
Simmons Ernest
Bought by
Elliott Simmons Gwendolyn

Purchase Details

Closed on
Aug 4, 2014
Sold by
Simmons Gwendolyn E
Bought by
Simmons Gwendolyn E and Simmons Ernest

Purchase Details

Closed on
Jun 17, 2005
Sold by
Fernberry Llc
Bought by
Simmons Gwendolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2003
Sold by
The Curren Group Ii Llc
Bought by
Fernberry Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.86%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Ocean Assets Development Llc
Bought by
The Curran Group Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.64%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Dubas Peter and Dubas Virginia H
Bought by
Gasko John R and Gasko Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.86%
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
Young Lorraine Patlen $260,000 The Title Co Of Jersey
Us Bank Na $1,000 None Available
Elliott Simmons Gwendolyn -- Madison Title Agency Llc
Simmons Gwendolyn E -- None Available
Simmons Gwendolyn E $318,750 Achiever Title Agency Inc
Fernberry Llc $350,000 --
Fernberry Llc $350,000 First American Title Ins Co
The Curran Group Ii Llc -- --
Ocean Assets Development Llc $220,000 --
Gasko John R $172,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Lorraine V Patlen $263,000
Closed Patlen Young Lorraine V $246,674
Closed Young Lorraine Patlen $247,354
Previous Owner Simmons Gwendolyn $442,000
Previous Owner Simmons Gwendolyn E $318,750
Previous Owner Fernberry Llc $260,000
Previous Owner The Curran Group Ii Llc $220,000
Previous Owner Gasko John R $38,000
Previous Owner Gasko John R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $260,000 0.0% $108 / Sq Ft
10/31/2018 10/31/18 Sold $260,000 +8.8% $108 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/17/2018 09/17/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $239,000 0.0% $99 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $239,000 -7.7% $99 / Sq Ft
07/03/2018 07/03/18 For Sale $259,000 -7.8% $108 / Sq Ft
03/02/2018 03/02/18 For Sale $280,800 -- $117 / Sq Ft
Source: South Jersey Shore Regional 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 $10,159 $302,900 $81,800 $221,100
2024 $10,159 $302,900 $81,800 $221,100
2023 $10,102 $302,900 $81,800 $221,100
2022 $10,102 $302,900 $81,800 $221,100
2021 $10,184 $302,900 $81,800 $221,100
2020 $10,801 $327,200 $81,800 $245,400
2019 $10,506 $327,200 $81,800 $245,400
2018 $10,281 $327,200 $81,800 $245,400
2017 $10,245 $327,200 $81,800 $245,400
2016 $9,839 $327,200 $81,800 $245,400
2015 $9,695 $327,200 $81,800 $245,400
2014 $9,502 $327,200 $81,800 $245,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 507701

South Jersey Shore Regional MLS

APN: 08-05901-0000-00002