NOT LISTED FOR SALE

9 Shipps Way Riverside, NJ 08075

Estimated Value: $486,000 - $534,608

3 Beds
2.5 Baths
2,885 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 24, 2012

Last sale price $250,000 $87 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,644/month

Highlights

  • Active Adult
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Contemporary Architecture
  • Community Pool
  • Patio

About This Home

As of December 2012

BANK OWNED. VACANT. SOLD AS-IS. This property qualifies for Freddie Mac First Look Initiative through 8/17/12. Investors and Second Home Buyers may submit offer at anytime, however, offer will not be considered until end of 15 day time period for Owner Occupied Buyers. Seller to allow upto $500 for Home Owners warranty of buyers choice. Home Owner warranty information MUST be sent in with offer. One time Capitol Contribution fee of $300.00

Last Agent to Sell the Property

Edward Bechold

realestpros@aol.com Real Estate Professionals Inc License #RB-7810681 Listed on: 08/03/2012

Last Buyer's Agent

Maryann Fallows

(856) 220-1784 fallows@protonmail.com Liberty License #8635156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,045

Year Built

  • Built in 2003

Lot Details

  • 6,657 Sq Ft Lot
  • Property is in good condition

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,885 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Tile or Brick Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00045
  • Assessor Parcel Number 09-02100 01-00045

Community Details

Overview

  • Active Adult
  • Association fees include pool(s)
  • $300 Other One-Time Fees
  • Newtons Landing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,045

Year Built

Built in 2003

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2003
  • Remarks Public: BANK OWNED. VACANT. SOLD AS-IS. This property qualifies for Freddie Mac First Look Initiative through 8/17/12. Investors and Second Home Buyers may submit offer at anytime, however, offer will not be considered until end of 15 day time period for Owner Occupied Buyers. Seller to allow upto $500 for Home Owners warranty of buyers choice. Home Owner warranty information MUST be sent in with offer. One time Capitol Contribution fee of $300.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Tile/Brick
  • Fireplace: No
  • Wall Ceiling Types: Cathedral Ceilings, High
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 2885
  • Living Area Sq Ft: 2885
  • Net Sq Ft: 2885.00
  • Price Per Sq Ft: 88.35
  • Above Grade Finished Sq Ft: 2885
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 145.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: Yes

Fee Information

  • Other Fees: 300.00
  • Other Fees Frequency: One Time

Schools

  • School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396961

Lot Info

  • Improvement Assessed Value: 262200.00
  • Land Assessed Value: 93300.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: IRR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6657.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1623191
  • Tax Annual Amount: 8045.00
  • Assessor Parcel Number: 09-02100 01-00045
  • Tax Lot: 00045
  • Tax Year: 2011
  • Close Date: 12/24/2012

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Giri Veda and Nargund Varada
Seller's Agent
Edward Bechold
Real Estate Professionals Inc
Buyer's Agent
Maryann Fallows
Liberty
List Price
$254,900
Sold Price
$250,000
Premium/Discount to List
-$4,900
-1.92%
Current Estimated Value
$502,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,902
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Novick Barbara and Novick Jonathan R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 10, 2003
Sold by
Pulte Homes Of Nj Lp
Bought by
Novick Jonathan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.46%
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
Giri Veda -- None Available
Federal Home Loan Mortgage Corporation $152,100 None Available
Novick Jonathan R $254,819 Surety Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Novick Jonathan R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $250,000 -1.9% $87 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $254,900 +2.0% $88 / Sq Ft
11/04/2012 11/04/12 Off Market $250,000 -- --
10/26/2012 10/26/12 For Sale $254,900 0.0% $88 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/10/2012 09/10/12 Price Changed $254,900 -4.1% $88 / Sq Ft
08/03/2012 08/03/12 For Sale $265,900 -- $92 / 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 $9,991 $284,000 $54,200 $229,800
2024 $10,022 $284,000 $54,200 $229,800
2023 $10,022 $284,000 $54,200 $229,800
2022 $9,792 $284,000 $54,200 $229,800
2021 $9,761 $284,000 $54,200 $229,800
2020 $9,611 $284,000 $54,200 $229,800
2019 $9,344 $284,000 $54,200 $229,800
2018 $9,156 $284,000 $54,200 $229,800
2017 $8,983 $284,000 $54,200 $229,800
2016 $8,719 $284,000 $54,200 $229,800
2015 $8,574 $284,000 $54,200 $229,800
2014 $8,358 $284,000 $54,200 $229,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004051584

Bright MLS

APN: 09-02100-01-00045