Seller's Agent in 2021
Edgar Dillon
EXP REALTY, LLC
(732) 887-3181
6 in this area
131 Total Sales
88 Drake Place Colonia, NJ 07067
3
Beds
2
Baths
1,508
Sq Ft
6,242
Sq Ft Lot
Highlights
- Property is near public transit
- 1 Car Attached Garage
- Forced Air Heating System
- Formal Dining Room
- Eat-In Kitchen
- Family Room
About This Home
As of October 2021This home is located at 88 Drake Place, Colonia, NJ 07067 and is currently priced at $200,000, approximately $132 per square foot. This property was built in 1951. 88 Drake Place is a home located in Middlesex County with nearby schools including Oak Ridge Heights Elementary School, Colonia Middle School, and Colonia High School.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,972
Year Built
- Built in 1951
Lot Details
- 6,242 Sq Ft Lot
- Lot Dimensions are 97.50 x 64.00
- Property is zoned R-6
Parking
- 1 Car Attached Garage
- Open Parking
Home Design
- Split Level Home
- Asphalt Roof
Interior Spaces
- 1,508 Sq Ft Home
- 2-Story Property
- Family Room
- Formal Dining Room
- Carpet
- Eat-In Kitchen
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
- Property is near shops
Utilities
- Forced Air Heating System
- Gas Water Heater
- Cable TV Available
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,405
Avg. Annual Appreciation
6.11%
Original Mortgage
$280,000
Outstanding Balance
$256,177
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$347,228
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
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $480,000 | Foundation Title Llc | |
| Deed | $200,000 | Fit Agency Llc | |
| Deed | $200,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,500 | Credit Line Revolving | |
| Open | $280,000 | New Conventional | |
| Previous Owner | $220,000 | Purchase Money Mortgage |
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: All Jersey 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 |
|---|---|---|---|---|
| 2025 | $10,491 | $86,700 | $22,500 | $64,200 |
| 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
-
Edgar Dillon
-
Ana Montes
Buyer's Agent in 2021
Ana Montes
RE/MAX
(908) 875-8121
4 in this area
81 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2117449R
APN: 25-00509-04-00004
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