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41 Westminster Drive

41 Westminster Drive, Vincentown, NJ 08088
Property in Burlington
Sold Jun 06, 2012
$146,000
$262,500 by Reverse Mortgage Funding Llc
Mortgage
Sold Sep 28, 2005
$230,000
41 Westminster Drive in Vincentown, NJ was first built in 1986 and is 38 years old. This has been categorized as a residential property type. It is a single story home. 41 Westminster Drive has 1,714 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 510 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 5,611 square feet.

Learn more about the property and building on this page. 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, 41 Westminster Drive was last sold in May 9, 2012 for $146,000. According to our calculations, that's $85.18 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Jun 29, 2005. Current property owners are expected to pay $4,432 in taxes per year. The property on 41 Westminster Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $144,600. To break that down further, the land itself was valued at $42,600. While improvements to the property were assessed at a total of $102,000. 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. 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!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.

Building Features

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,611
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,714
  • Building Area: 1,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEISURETOWNE
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PETTIT DONALD M
  • Current Owner 2: PETTIT JEANMARIE
  • Previous Owner : ABELL FRANK A
  • Previous Owner 2: ABELL LEWISON PATRICIA A
  • Owner Before Previous Owner: SWITZER VICKY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 703203

Zoning

  • Zoning: RDPL

Geography

  • Assessors Map Reference: TAX MAP 27.7
  • District: 33
  • Parcel: 33 02702- 48-00007
  • Block: 2702.48
  • Lot: 7
  • Municipality: SOUTHAMPTON TWP
  • Latitude: 39.8999
  • Longitude: -74.7123

    Address

  • Full Address: 41 Westminster Dr S
  • Address - House Number: 41
  • Street Segment Direction: S
  • Address - Street Name: Westminster
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Southampton
  • Carrier Code: C023
  • 4-Digit Zip Code: 1025
  • Zip Code: 08088

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,432

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 74
  • Final Value: 304,851
  • High Value: 364,156
  • Low Value: 245,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,500
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jan 16, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $262,500
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $144,600
  • Market Land Value: $42,600
  • Market Improvement Value: $102,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,600
  • Assessed Land Value: $42,600
  • Assessed Improvements Value: $102,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2012
  • Current Sale Recording Date: Jun 06, 2012
  • Current Sale Transaction ID: 1129496648
  • Current Sale Price: $146,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Previous Sale Recording Date: Sep 28, 2005
  • Previous Sale Contract Date: Jun 29, 2005
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Bargain and Sale Deed

About Leisuretowne



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Frequently Asked Questions

What neighborhood is 41 Westminster Drive located in?
The 41 Westminster Drive is a located in the neighborhood of Burlington in Leisuretowne, Vincentown.
What is the average sales price for listings in 41 Westminster Drive?
The average sales price for units in 41 Westminster Drive is $0 currently.

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