Check Availability

12 Ridge Court

12 Ridge Court, Swedesboro, NJ 08085
Property in Gloucester
Sold Jun 18, 2021
$471,095
$290,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Dec 28, 2010
$1,500,000
$1,100,000 by Michael Weiss
Mortgage Due Jan 01, 2012
Local assessors in Swedesboro, NJ have categorized 12 Ridge Court as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 52,708 square feet. If we look only at the heated or air conditioned part of the building, then 12 Ridge Court has a total of 3,610 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 Ridge Court sold most recently in Jun 11, 2021 for a total of $471,095. If you work out the math, that's approximately a cost of $130.50 per sqft. Before that, the property was also sold for $1,500,000 in Dec 13, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,865 in taxes each year. 12 Ridge Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $450,600. If we break it down further, the land itself was valued at $74,200. Improvements to the property, however, were assessed at a total of $376,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Total Building Area: 3,610
  • Building Area: 3,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARRAZZO DANIE
  • Current Owner 2: MARRAZZO CHRISTINE
  • Previous Owner : WOOLWICH INVESTORS LLC
  • Owner Before Previous Owner: APEX INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Kingsway Regional School District
  • Census Tract: 502204

Geography

  • Assessors Map Reference: TAX MAP 9.07
  • District: 24
  • Parcel: 24 00044-0000-00009- 15
  • Block: 44
  • Lot: 9.15
  • Municipality: WOOLWICH TWP
  • Latitude: 39.7113
  • Longitude: -75.2958

    Address

  • Full Address: 12 Ridge Ct
  • Address - House Number: 12
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Swedesboro
  • Carrier Code: R009
  • 4-Digit Zip Code: 3457
  • Zip Code: 08085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,865

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 682,437
  • High Value: 783,756
  • Low Value: 581,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $290,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $535,155
  • Market Land Value: $88,124
  • Market Improvement Value: $447,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,600
  • Assessed Land Value: $74,200
  • Assessed Improvements Value: $376,400

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11842061464
  • Current Sale Price: $471,095
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 33817
  • Previous Sale Recording Date: Dec 28, 2010
  • Previous Sale Contract Date: Dec 13, 2010
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $290,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MICHAEL WEISS
  • Previous Mortgage Transaction Date: Dec 28, 2010
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2012

About Gloucester



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12 Ridge Court located in?
The 12 Ridge Court is a located in the neighborhood of Gloucester in Gloucester, Swedesboro.
What is the average sales price for listings in 12 Ridge Court?
The average sales price for units in 12 Ridge Court is $0 currently.

Quantcast