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507 Laurelwood Drive

507 Laurelwood Drive, Lanoka Harbor, NJ 08734
Property in Ocean
Sold Feb 11, 2004
Transfer
$175,000 by Sovereign Bank
Mortgage Due Oct 01, 2034
Local assessors in Lanoka Harbor, NJ have categorized 507 Laurelwood Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 12,480 square feet. The linear feet between the front and back of the lot was measured at 1,560 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 507 Laurelwood Drive has a total of 2,226 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $7,174 in taxes per year. The property on 507 Laurelwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,000. To break that down further, the land itself was valued at $105,000. While improvements to the property were assessed at a total of $212,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,480
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,226
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEVANEY JAN A
  • Previous Owner : DEVANEY PAUL J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lacey Township School District
  • Census Tract: 732101

Zoning

  • Zoning: R80

Geography

  • Assessors Map Reference: TAX MAP 38.2
  • Account Number: 201950
  • District: 13
  • Parcel: 13 00641-0000-00001
  • Block: 641
  • Lot: 1
  • Municipality: LACEY TWP
  • Latitude: 39.8556
  • Longitude: -74.1697

    Address

  • Full Address: 507 Laurelwood Dr
  • Address - House Number: 507
  • Address - Street Name: Laurelwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Lanoka Harbor
  • Carrier Code: R004
  • 4-Digit Zip Code: 2827
  • Zip Code: 08734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,174

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 584,350
  • High Value: 697,420
  • Low Value: 471,281

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: SOVEREIGN BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2004
  • First Open Lien Mortgage Loan Amount: $175,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $317,000
  • Market Land Value: $105,000
  • Market Improvement Value: $212,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,000
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $212,000

    Sales

  • Current Sale Contract Date: Jan 28, 2004
  • Current Sale Recording Date: Feb 11, 2004
  • Current Sale Transaction ID: 1062410949
  • Current Sale Document Type: Deed

About Ocean



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 507 Laurelwood Drive located in?
The 507 Laurelwood Drive is a located in the neighborhood of Ocean in Ocean, Lanoka Harbor.
What is the average sales price for listings in 507 Laurelwood Drive?
The average sales price for units in 507 Laurelwood Drive is $0 currently.

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