NOT LISTED FOR SALE

88 Drake Place Colonia, NJ 07067

Estimated Value: $495,620 - $673,000

4 Beds
2 Baths
-- Sq Ft
64 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $480,000

Est. 28% increase in value since last sale

Current estimated payment $4,238/month

25 Days on Market

Highlights

  • In Ground Pool
  • High Ceiling
  • 1 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of October 2021

Completely renovated top to bottom 4 Bed 2 full bath split in Jordan Woods section of Colonia. Private backyard with no neighbors behind you and a bonus in-ground pool. All renovations were done within last 3 months. New Vinyl siding, new roof, New hvac system and high efficiency hot water heater. New Kitchen featuring white shaker cabinetry with soft close doors, quartz counters, subway tile backslash Frigidaire Stainless steel appliance package, including french door refrigerator and 30inch range. Engineered wood on the 1st floor and natural refinished walnut floors on the 2nd and 3rd level. 2 fully renovated bathrooms, all new interior doors and recessed LED lighting throughout the entire home. New electrical service. Absolutely ready for the new homeowners.

Last Agent to Sell the Property

Edgar Dillon

EXP REALTY, LLC Listed on: 09/01/2021

EXP REALTY, LLC

Last Buyer's Agent

Ana Montes

RE/MAX SELECT

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,972

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 64 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Exterior Basement Entry
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2125-00509-0004-00004-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,972

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Style: Split Level
  • Primary Style: Split Level
  • Subproperty Type: Single Family
  • Year Built: 1951
  • Year Built Description: Renovated
  • County Name: Middlesex
  • Renovated Year: 2021
  • Street Number Display: 88
  • Directions: Jordan Rd to Tudor Ln, Left on Hickory Rd, Right on Spencer Ave, Right on Drake Pl, #88
  • I D: 5097067
  • Modified: 2022-10-26
  • Number Images: 33
  • First Name: EDGAR
  • First Name3: ANA
  • Last Name: DILLON
  • Last Name3: MONTES
  • Office Phone: 732-395-6807
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Interior Amenities: High Ceilings, TubShowr
  • Number Rooms: 7
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Slab
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen, Separate Dining Area
  • Kitchen Level: First
  • Level 1 Rooms: Dining Room, Foyer, Kitchen
  • Level 2 Rooms: 3 Bedrooms, Bath Main
  • Ground Level Rooms: 1 Bedroom, Bath(s) Other, Family Room, Laundry Room, Outside Entrance
  • Phone: 732-549-9500

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal Fence
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Blacktop

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 64.0X 97.5
  • Assessed Improvement Value: 58300
  • Assessed Land Value: 22500
  • Assessment: 80800
  • Lot Identifier: 4
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.14

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 8972
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2125-00509-0004-00004-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 11.104
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 25, 2021
Sold by
51 Holly Road Associates Llc
Bought by
Alfaro Samantha and Rodrigues David
Seller's Agent
Edgar Dillon
EXP REALTY, LLC
Buyer's Agent
Ana Montes
RE/MAX SELECT
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Current Estimated Value
$612,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,567
Avg. Annual Appreciation
6.27%
Original Mortgage
$280,000
Outstanding Balance
$258,355
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$345,660

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 24, 2021
Sold by
Frucht Sandra and Swanton Sandra
Bought by
51 Holly Road Associates Llc
Seller's Agent
Edgar Dillon
EXP REALTY, LLC
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1319.56%
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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
Alfaro Samantha $480,000 Foundation Title Llc
51 Holly Road Associates Llc $200,000 Fit Agency Llc
51 Holly Road Associates Llc $200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfaro Samantha $89,500
Open Alfaro Samantha $280,000
Previous Owner 51 Holly Road Associates Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $480,000 +2.3% --
10/19/2021 10/19/21 Price Changed $469,000 -3.3% --
09/30/2021 09/30/21 Price Changed $485,000 +3.4% --
09/26/2021 09/26/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $469,000 +134.5% --
06/25/2021 06/25/21 Sold $200,000 0.0% $133 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $200,000 -- $133 / Sq Ft
Source: Garden State 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 $10,264 $86,700 $22,500 $64,200
2023 $10,264 $86,700 $22,500 $64,200
2022 $10,009 $86,700 $22,500 $64,200
2021 $9,251 $80,800 $22,500 $58,300
2020 $8,972 $80,800 $22,500 $58,300
2019 $8,760 $80,800 $22,500 $58,300
2018 $8,593 $80,800 $22,500 $58,300
2017 $8,442 $80,800 $22,500 $58,300
2016 $8,377 $80,800 $22,500 $58,300
2015 $8,229 $80,800 $22,500 $58,300
2014 $7,804 $78,300 $22,500 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3738191

Garden State MLS

APN: 25-00509-04-00004