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2 Westwood Drive

2 Westwood Drive, Sewell, NJ 08080
Property in Gloucester
Sold Nov 03, 2023
$280,000
$400,000 by Lava Funding Llc
Mortgage
2 Westwood Drive in Sewell, NJ was first built in 1979 and is 45 years old. This has been categorized as a residential property type. 2 Westwood Drive has 2,907 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 1,550. In total, the area measurement of the land is 17,050 square feet.

Learn more about the property and building on this page. 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, 2 Westwood Drive sold most recently in Oct 16, 2023 for a total of $280,000. If you work out the math, that's approximately a cost of $96.32 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,987 in taxes each year. 2 Westwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,800. If we break it down further, the land itself was valued at $51,700. Improvements to the property, however, were assessed at a total of $226,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,050
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,907
  • Building Area: 2,907
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,907
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.391
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOPHAGE PROPERTIES LLC
  • Previous Owner : LEE ROBERT E
  • Previous Owner 2: LEE KATHLEEN A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Washington Township School District
  • Census Tract: 501213

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: TAX MAP 1307
  • District: 18
  • Parcel: 18 00085- 07-00016
  • Block: 85.07
  • Lot: 16
  • Municipality: WASHINGTON TWP
  • Latitude: 39.7231
  • Longitude: -75.0626

    Address

  • Full Address: 2 Westwood Dr
  • Address - House Number: 2
  • Address - Street Name: Westwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Sewell
  • Carrier Code: C020
  • 4-Digit Zip Code: 2067
  • Zip Code: 08080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,987

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 498,177
  • High Value: 585,456
  • Low Value: 410,898

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: LAVA FUNDING LLC
  • First Open Lien Mortgage Recording Date: Nov 03, 2023
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $352,628
  • Market Land Value: $65,626
  • Market Improvement Value: $287,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,800
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $226,100

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Nov 03, 2023
  • Current Sale Transaction ID: 11915664058
  • Current Sale Price: $280,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 32987

    Last Sale Mortgage

  • First Mortgage Lender: LAVA FUNDING LLC
  • First Mortgage Transaction Date: Nov 03, 2023
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

About Gloucester



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Frequently Asked Questions

What neighborhood is 2 Westwood Drive located in?
The 2 Westwood Drive is a located in the neighborhood of Gloucester in Gloucester, Sewell.
What is the average sales price for listings in 2 Westwood Drive?
The average sales price for units in 2 Westwood Drive is $0 currently.

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