NOT LISTED FOR SALE

Estimated Value: $344,000 - $477,000

0.25 Acre
$1,690,376 Price per Acre
10,890 Sq Ft Lot

Last Sold June 07, 2017

Last sale price $155,200

Est. 172% increase in value since last sale

Current estimated payment $2,725/month

254 Days on Market

Highlights

  • 141 Feet of Waterfront
  • No HOA
  • Storage Shed
  • Home fronts a lagoon or estuary
  • Cul-De-Sac

About This Lot

As of June 2017

Great location and an oversized lot. 141 feet of vinyl bulkhead. Partial view of wetlands leading to Osborn Island bridge and open bay. Near the Mullica River and Intercoastal waterways. Best fishing and boating areas around. The ranch style home on the property is damaged. Probably a knock-down. Build you dream home here to enjoy for years to come. Take a look, it's a winner.

Last Agent to Sell the Property

Lynn Hansen

Keller Williams Realty Preferred Properties License #8131246 Listed on: 08/31/2016

Keller Williams Realty Preferred Properties

Last Buyer's Agent

Lynn Hansen

Keller Williams Realty Preferred Properties License #8131246 Listed on: 08/31/2016

Keller Williams Realty Preferred Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,631

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 42x102x141x151
  • Home fronts a lagoon or estuary
  • 141 Feet of Waterfront
  • Cul-De-Sac
  • Property is zoned R-50, R-50

Additional Features

  • Water Views
  • Flood Risk
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 17-00325-111-00016

Community Details

Overview

  • No Home Owners Association
  • Mystic Island Subdivision

Recreation

  • Water Access
  • Bulkhead
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,631

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Federal Flood Zone: Yes
  • Remarks Public: Great location and an oversized lot. 141 feet of vinyl bulkhead. Partial view of wetlands leading to Osborn Island bridge and open bay. Near the Mullica River and Intercoastal waterways. Best fishing and boating areas around. The ranch style home on the property is damaged. Probably a knock-down. Build you dream home here to enjoy for years to come. Take a look, it's a winner.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 729

Exterior Features

  • Other Structures List: Storage Barn/Shed
  • Construction Completed: No
  • Road Surface Type: Paved
  • View: Water
  • Water Access: Yes
  • Waterfront: Yes
  • Water Oriented: Yes
  • Water View: Yes
  • Water Frontage In Feet: 141

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Hook/Up Avail
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • School District: PINELANDS REGIONAL SCHOOLS
  • School District Key: 300200396375

Lot Info

  • Improvement Assessed Value: 44400.00
  • Lot Features: Bulkheaded, Cul-De-Sac
  • Lot Size Acres: 0.25
  • Lot Dimensions: 42x102x141x151
  • Zoning: R-50
  • Zoning Description: R-50

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3015868
  • Tax Annual Amount: 3631.00
  • Assessor Parcel Number: 17-00325-111-00016
  • Tax Lot: 16
  • Tax Year: 2015
  • Close Date: 06/07/2017

MLS Schools

  • School District Name: PINELANDS REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
May 30, 2017
Sold by
Nielsen Rebecca B
Bought by
Rutland Edwin J
Seller's Agent
Lynn Hansen
Keller Williams Realty Preferred Properties
Buyer's Agent
Lynn Hansen
Keller Williams Realty Preferred Properties
List Price
$155,000
Sold Price
$155,200
Premium/Discount to List
$200
0.13%
Current Estimated Value
$422,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,394
Avg. Annual Appreciation
12.98%

Purchase Details

Listed on
Sep 15, 2014
Closed on
May 15, 2015
Sold by
Brooks Bradd Vincent
Bought by
Nielsen Ole B and Nielsen Rebecca B
Seller's Agent
Laura Held
Coldwell Banker Riviera Realty, Inc.
Buyer's Agent
Lynn Hansen
Keller Williams Realty Preferred Properties
List Price
$169,900
Sold Price
$131,500
Premium/Discount to List
-$38,400
-22.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
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
Rutland Edwin J $155,200 --
Nielsen Ole B $131,500 New Jersey Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutland Edwin J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $155,200 +0.1% --
05/12/2017 05/12/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $155,000 +17.9% --
05/15/2015 05/15/15 Sold $131,500 -22.6% $120 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
09/15/2014 09/15/14 For Sale $169,900 -- $154 / Sq Ft
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
2024 $5,062 $187,400 $105,700 $81,700
2023 $4,616 $179,200 $105,700 $73,500
2022 $4,616 $168,700 $105,700 $63,000
2021 $4,415 $150,100 $105,700 $44,400
2020 $3,966 $150,100 $105,700 $44,400
2019 $3,828 $150,100 $105,700 $44,400
2018 $3,611 $150,100 $105,700 $44,400
2017 $3,566 $150,100 $105,700 $44,400
2016 $3,589 $150,100 $105,700 $44,400
2015 $3,631 $150,100 $105,700 $44,400
2014 -- $251,600 $199,700 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC178176

Bright MLS

APN: 17-00325-111-00016