NOT LISTED FOR SALE

Estimated Value: $360,000 - $636,000

3 Beds
1 Bath
832 Sq Ft
$604/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $177,000 $213 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,369/month

Highlights

  • 4.77 Acre Lot
  • Wood Burning Stove
  • Farmhouse Style Home
  • Hillsborough High School Rated A
  • Barn or Farm Building
  • 1 Fireplace

About This Home

As of January 2013

4.77 Acre Farmette with Morton style barn with tack room, dog runs, chicken coop and 6 stalls that abutts the Sourland Mountain preserve, where in prior years the owner would enjoy riding on the trails. The property is a diamond in the rough and is priced considering the work required to restore the property. Exixting home will require a new septic system due to current cesspool. The house is being sold strickly "as-is, where-is". The "bones" appear to be in very good condition and hopefully you can see the tremendous upside potential through your sweat equity. This property is a good candidate for a 203K mortgage. there is a 2 car detached garage, an unused chicken coop and much of the fencing exists but could use attention. Bring your dreams, imagination and vision to this extr-ordinary opportunity and location, backed by the Sourland Mountain Preserve. You may kick yourself later when you see what the new owner transformes this "Diamond in the Rough". "5 STAR LISTING"

Last Agent to Sell the Property

Wayne Smith

(908) 797-8027 wsmith2inc@gmail.com BHHS Fox & Roach- Martinsville License #RS307910 Listed on: 10/18/2012

BHHS Fox & Roach- Martinsville

Last Buyer's Agent

Wayne Smith

(908) 797-8027 wsmith2inc@gmail.com BHHS Fox & Roach- Martinsville License #RS307910 Listed on: 10/18/2012

BHHS Fox & Roach- Martinsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1941

Lot Details

  • 4.77 Acre Lot
  • Lot Dimensions are 300x650
  • Property is zoned MZ

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking

Home Design

  • Farmhouse Style Home
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • Property has 2 Levels
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed
  • Porch

Farming

  • Barn or Farm Building

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00139
  • Assessor Parcel Number 10-00174-00139

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,618

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Dishwasher
  • New Construction: No
  • Story List: Main
  • Year Built: 1941
  • Remarks Public: 4.77 Acre Farmette with Morton style barn with tack room, dog runs, chicken coop and 6 stalls that abutts the Sourland Mountain preserve, where in prior years the owner would enjoy riding on the trails. The property is a diamond in the rough and is priced considering the work required to restore the property. Exixting home will require a new septic system due to current cesspool. The house is being sold strickly "as-is, where-is". The "bones" appear to be in very good condition and hopefully you can see the tremendous upside potential through your sweat equity. This property is a good candidate for a 203K mortgage. there is a 2 car detached garage, an unused chicken coop and much of the fencing exists but could use attention. Bring your dreams, imagination and vision to this extr-ordinary opportunity and location, backed by the Sourland Mountain Preserve. You may kick yourself later when you see what the new owner transformes this "Diamond in the Rough". "5 STAR LISTING"
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Skylight(s), Wood Stove, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Street Number Modifier: 369

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed, Barn/Farm Building
  • Construction Materials: Wood Siding, Shingle Siding
  • Construction Completed: No
  • 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
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: HILLSBOROUGH TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397258

Lot Info

  • Improvement Assessed Value: 89900.00
  • Land Assessed Value: 167700.00
  • Lot Size Acres: 4.77
  • Lot Dimensions: 300X650
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 207781.00
  • Outdoor Living Structures: Porch(es)
  • Zoning: MZ

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3238995
  • Tax Annual Amount: 5618.00
  • Assessor Parcel Number: 10-00174-00139
  • Tax Lot: 00139
  • Tax Year: 2011
  • Close Date: 01/11/2013

MLS Schools

  • School District Name: HILLSBOROUGH TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jan 11, 2013
Sold by
Snell Sharon T
Bought by
Olekson Regina M and Charles Jebediah C
Seller's Agent
Wayne Smith
BHHS Fox & Roach- Martinsville
Buyer's Agent
Wayne Smith
BHHS Fox & Roach- Martinsville
List Price
$215,000
Sold Price
$177,000
Premium/Discount to List
-$38,000
-17.67%
Current Estimated Value
$502,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,482
Avg. Annual Appreciation
8.49%
Original Mortgage
$266,797
Outstanding Balance
$188,767
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$313,715

Purchase Details

Closed on
Apr 20, 1990
Sold by
Sisolak William D and Sisolak Linda A
Bought by
King Albert B
Source: Public Records

Range of Values:

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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
Olekson Regina M $177,000 Old Republic National Title
King Albert B $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olekson Regina M $266,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2013 01/11/13 Sold $177,000 -17.7% $213 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $215,000 -- $258 / 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 $8,806 $431,100 $282,700 $148,400
2024 $8,806 $410,900 $272,700 $138,200
2023 $8,519 $395,700 $262,700 $133,000
2022 $8,003 $358,400 $237,700 $120,700
2021 $7,612 $324,200 $197,700 $126,500
2020 $7,259 $304,500 $186,700 $117,800
2019 $7,448 $309,800 $191,200 $118,600
2018 $7,153 $295,700 $181,200 $114,500
2017 $7,288 $301,800 $187,700 $114,100
2016 $7,302 $302,500 $187,700 $114,800
2015 $6,866 $288,000 $187,700 $100,300
2014 $6,797 $291,200 $172,700 $118,500
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1004138816

Bright MLS

APN: 10-00174-0000-00139