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38 Iowa Avenue

38 Iowa Avenue, Absecon, NJ 08201
Property in Atlantic
Sold Nov 07, 2011
$226,000
$220,180 by Lincoln Mortgage Co
Mortgage Due Nov 01, 2041
Sold Sep 04, 2003
Transfer
$152,000 by Commerce Bank
Mortgage
Local assessors in Absecon, NJ have categorized 38 Iowa Avenue as a residential type of property. The home was built in 1928 and is 96 years old. The property's lot size has been calculated to be 11,400 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 600 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 38 Iowa Avenue has a total of 1,248 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. Lots of brick were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 38 Iowa Avenue was last sold in Oct 28, 2011 for $226,000. According to our calculations, that's $181.09 per sqft. Current property owners are expected to pay $6,592 in taxes per year. The property on 38 Iowa Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $199,400. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $104,400. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HAHN FRANCIS J
  • Previous Owner : SHANNON LORI ANN BLEAZARD
  • Owner Before Previous Owner: SHANNON KEVIN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Absecon City School District
  • Census Tract: 010300

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 01
  • Parcel: 01 00221-0000-00005
  • Block: 221
  • Lot: 5
  • Municipality: ABSECON CITY
  • Latitude: 39.4193
  • Longitude: -74.5021

    Address

  • Full Address: 38 Iowa Ave
  • Address - House Number: 38
  • Address - Street Name: Iowa
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Absecon
  • Carrier Code: C018
  • 4-Digit Zip Code: 2607
  • Zip Code: 08201

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,592

    Appraisal Valuation

  • Standard Deviation: 0.2675
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 363,764
  • High Value: 461,079
  • Low Value: 266,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,180
  • First Open Lien Mortgage Lender: LINCOLN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 07, 2011
  • First Open Lien Mortgage Loan Amount: $220,180
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $199,400
  • Market Land Value: $95,000
  • Market Improvement Value: $104,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,400
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $104,400

    Sales

  • Current Sale Contract Date: Oct 28, 2011
  • Current Sale Recording Date: Nov 07, 2011
  • Current Sale Transaction ID: 11470553864
  • Current Sale Price: $226,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2011062368
  • Previous Sale Recording Date: Sep 04, 2003
  • Previous Sale Contract Date: Aug 27, 2003
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN MORTGAGE CO
  • First Mortgage Transaction Date: Nov 07, 2011
  • First Mortgage Loan Amount: $220,180
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE BANK
  • Previous Mortgage Transaction Date: Sep 04, 2003
  • Previous Mortgage Loan Amount: $152,000

About Absecon



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Frequently Asked Questions

What neighborhood is 38 Iowa Avenue located in?
The 38 Iowa Avenue is a located in the neighborhood of Atlantic in Absecon, Absecon.
What is the average sales price for listings in 38 Iowa Avenue?
The average sales price for units in 38 Iowa Avenue is $0 currently.

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