NOT LISTED FOR SALE

Estimated Value: $555,000 - $693,000

4 Beds
2.5 Baths
3,132 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $471,000 $150 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,118/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Two Story Ceilings
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

Welcome to the quiet road of Reed Ave in Franklinville New Jersey! We're so excited to offer this 4 Bedroom, 2.5 Bath Custom Built Colonial Style home in Franklinville. Nestled in just shy of 2 Acres, This 3,132 Square foot home has plenty of room too grown in to and even more to entertain! As you enter in through the front door, you'll quickly notice the attention to detail of custom wood-trim throughout the home, along with many additional closet spaces. There was certainly no room wasted in this home! From the main level, to the loft in your 3rd level, closet space and custom cutouts are tastefully utilized to give this home additional features and a unique look. Your Kitchen area is an open concept, that effortlessly flows into the living room, Featuring a Wood-Burning stove and Bay Window for great Natural lighting! Your laundry room is conveniently located in your mud room, as you enter through the Two Car Garage. A Great feature for construction workers or anyone coming in from the garage to limit any excess dirt throughout the home. Your Primary Suite offers a Full Bathroom suite features a Gas Fire Place, along with a Jacuzzi Tub and Walk-In Closet. All of the bedrooms are extremely spacious and have great closet space. Your loft upstairs is great for additional living space. This area could be used as an office, play area or additional storage. The basement is unfinished, but a Full basement with the ability to be finished to your desire! For downtime, the Lake House Restaurant is right up the street, with a great atmosphere and incredible dining. It is also linked to the Public Lake, "Iona Lake", with a beach area know for its seasonal Trout fishing, Sport fishing and sunsets! We will let the photos do the rest of the talking, and this is certainly one to add to your list! The home-owner has taken incredible great care of the property and is excited for your tour. We look forward to helping you!

Last Agent to Sell the Property

Vincent R Travalino Jr

(609) 364-8923 vtravalino@gmail.com Keller Williams Realty - Washington Township Listed on: 11/08/2022

Keller Williams Realty - Washington Township

Last Buyer's Agent

KELLY SKAY GILLIES

(609) 458-9823 kelly@kellygillies.com BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,923

Year Built

  • Built in 1993

Lot Details

  • 1.7 Acre Lot
  • Property is in good condition
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Block Wall
  • Frame Construction

Interior Spaces

  • 3,132 Sq Ft Home
  • Property has 2.5 Levels
  • Two Story Ceilings

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Delsea Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Water Conditioner
  • Septic Pump

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00033
  • Assessor Parcel Number 05-03001-00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,923

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1993
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, Block Walls, Masonry
  • Foundation Details: Block
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Total Sq Ft: 3132
  • Living Area Sq Ft: 3132
  • Price Per Sq Ft: 143.68
  • Above Grade Finished Sq Ft: 3132
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Pump
  • Water Source: Conditioner

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: DELSEA REGIONAL H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 234600.00
  • Land Assessed Value: 42300.00
  • Lot Size Acres: 1.70
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 74052.00
  • Property Condition: Good
  • Zoning: RA

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1980108
  • Tax Annual Amount: 9923.00
  • Assessor Parcel Number: 05-03001-00033
  • Tax Lot: 00033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jan 9, 2023
Sold by
Kerchak Dorene
Bought by
Pirato Richard and Pirato Carol A
Seller's Agent
Vincent R Travalino Jr
Keller Williams Realty - Washington Township
Buyer's Agent
KELLY SKAY GILLIES
BHHS Fox & Roach-Mullica Hill South
List Price
$450,000
Sold Price
$471,000
Premium/Discount to List
$21,000
4.67%
Views
37
Current Estimated Value
$616,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,957
Avg. Annual Appreciation
9.72%
Original Mortgage
$447,450
Outstanding Balance
$432,610
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$184,347

Purchase Details

Closed on
Nov 3, 2010
Sold by
Kerchak Dorene and Anderson Donald
Bought by
Kerchak Dorene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 1995
Sold by
Kerchak Dorene
Bought by
Kerchak Dorene and Anderson Donald
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pirato Richard $471,000 West Jersey Title
Pirato Richard $471,000 West Jersey Title
Kerchak Dorene -- Oig Title & Escrow
Kerchak Dorene -- Beneficial Land Title Abstra
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirato Richard $447,450
Closed Pirato Richard $447,450
Previous Owner Kerchak Dorene $272,000
Closed Kerchak Dorene --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $471,000 +4.7% $150 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $450,000 -- $144 / 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
2025 $10,586 $276,900 $42,300 $234,600
2024 $10,342 $276,900 $42,300 $234,600
2023 $10,342 $276,900 $42,300 $234,600
2022 $10,063 $276,900 $42,300 $234,600
2021 $9,924 $276,900 $42,300 $234,600
2020 $9,816 $276,900 $42,300 $234,600
2019 $9,686 $276,900 $42,300 $234,600
2018 $9,559 $276,900 $42,300 $234,600
2017 $9,381 $276,900 $42,300 $234,600
2016 $9,337 $276,900 $42,300 $234,600
2015 $8,974 $276,900 $42,300 $234,600
2014 $8,642 $276,900 $42,300 $234,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2023046

Bright MLS

APN: 05-03001-0000-00033