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508 Green Valley Drive

508 Green Valley Drive, Blackwood, NJ 08012
Property in Gloucester
Sold Apr 05, 2019
$202,500
Sold Oct 23, 2018
$112,500
$125,200 by Lendinghome Funding Corp
Mortgage
508 Green Valley Drive has been categorized by the local assessors in Blackwood, NJ as a residential type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 Green Valley Drive has 1,076 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,250 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 508 Green Valley Drive sold most recently in Mar 25, 2019 for a total of $202,500. If you work out the math, that's approximately a cost of $188.20 per sqft. Before that, the property was also sold for $112,500 in Jun 15, 2018. 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 $7,089 in taxes each year. 508 Green Valley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,200. If we break it down further, the land itself was valued at $51,900. Improvements to the property, however, were assessed at a total of $145,300. 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. 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.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.

Building Features

Condition

Level Lot

Facilities

Laundry Room
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,076
  • Building Area: 1,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHMERLING MARGARET
  • Previous Owner : RACC ENTERPRISES LLC
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township School District
  • Census Tract: 501203

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: TAX MAP 2402
  • District: 18
  • Parcel: 18 00111- 10-00018
  • Block: 111.10
  • Lot: 18
  • Municipality: WASHINGTON TWP
  • Latitude: 39.7589
  • Longitude: -75.051

    Address

  • Full Address: 508 Green Valley Rd
  • Address - House Number: 508
  • Address - Street Name: Green Valley
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Blackwood
  • Carrier Code: C005
  • 4-Digit Zip Code: 1548
  • Zip Code: 08012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,089

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 346,674
  • High Value: 410,233
  • Low Value: 283,116

    Market Valuation

  • Market Total Value: $250,318
  • Market Land Value: $65,880
  • Market Improvement Value: $184,438

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,200
  • Assessed Land Value: $51,900
  • Assessed Improvements Value: $145,300

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Apr 05, 2019
  • Current Sale Transaction ID: 11596667155
  • Current Sale Price: $202,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11931
  • Previous Sale Recording Date: Oct 23, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Oct 23, 2018
  • Previous Mortgage Loan Amount: $125,200
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 508 Green Valley Drive located in?
The 508 Green Valley Drive is a located in the neighborhood of Gloucester in Gloucester, Blackwood.
What is the average sales price for listings in 508 Green Valley Drive?
The average sales price for units in 508 Green Valley Drive is $0 currently.

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