261 Champion Way

Local assessors in Sewell, NJ have categorized 261 Champion Way as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 16,555 square feet. The linear feet between the front and back of the lot was measured at 2,150 ft and the front of the lot was measured at 770 ft. If we look only at the heated or air conditioned part of the building, then 261 Champion Way has a total of 2,529 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, 261 Champion Way sold most recently in May 8, 2019 for a total of $201,000. If you work out the math, that's approximately a cost of $79.48 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 $9,473 in taxes each year. 261 Champion Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,500. If we break it down further, the land itself was valued at $47,500. Improvements to the property, however, were assessed at a total of $216,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.