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7 Palomino Trail

7 Palomino Trail, Sewell, NJ 08080
Property in Gloucester
Sold Oct 15, 2019
$270,000
$229,500 by Freedom Mortgage Corp
Mortgage Due Nov 01, 2049
Sold Oct 14, 2004
$280,000
$224,000 by Countrywide Home Loans Inc
Mortgage Due Nov 01, 2034
7 Palomino Trail in Sewell, NJ was first built in 1983 and is 41 years old. This has been categorized as a residential property type. 7 Palomino Trail has 2,251 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 750 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,123 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. 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, 7 Palomino Trail sold most recently in Oct 11, 2019 for a total of $270,000. If you work out the math, that's approximately a cost of $119.95 per sqft. Before that, the property was also sold for $280,000 in Oct 1, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,264 in taxes each year. 7 Palomino Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $257,700. If we break it down further, the land itself was valued at $61,600. Improvements to the property, however, were assessed at a total of $196,100. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,123
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,251
  • Building Area: 2,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,251
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SADDLEBROOK FARMS SECTION 3
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DEVOUE GERALD M
  • Current Owner 2: DEVOUE OLIVIA M
  • Previous Owner : BORKOWSKI PATRICIA M
  • Owner Before Previous Owner: CANNIZZARO MICHAEL F
  • Owner Before Previous Owner 2: CANNIZZARO DEBORAH A
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Washington Township School District
  • Census Tract: 501209

Zoning

  • Zoning: PR1

Geography

  • Assessors Map Reference: TAX MAP 3.08
  • District: 18
  • Parcel: 18 00017- 04-00004
  • Block: 17.04
  • Lot: 4
  • Municipality: WASHINGTON TWP
  • Latitude: 39.7731
  • Longitude: -75.0961

    Address

  • Full Address: 7 Palomino Trl
  • Address - House Number: 7
  • Address - Street Name: Palomino
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Sewell
  • Carrier Code: R016
  • 4-Digit Zip Code: 1658
  • Zip Code: 08080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,264

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 433,315
  • High Value: 514,109
  • Low Value: 352,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,500
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 15, 2019
  • First Open Lien Mortgage Loan Amount: $229,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $327,113
  • Market Land Value: $78,192
  • Market Improvement Value: $248,921

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,700
  • Assessed Land Value: $61,600
  • Assessed Improvements Value: $196,100

    Sales

  • Current Sale Contract Date: Oct 11, 2019
  • Current Sale Recording Date: Oct 15, 2019
  • Current Sale Transaction ID: 11662010448
  • Current Sale Price: $270,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 39068
  • Previous Sale Recording Date: Oct 14, 2004
  • Previous Sale Contract Date: Oct 01, 2004
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 15, 2019
  • First Mortgage Loan Amount: $229,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Oct 14, 2004
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2034

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Frequently Asked Questions

What neighborhood is 7 Palomino Trail located in?
The 7 Palomino Trail is a located in the neighborhood of Gloucester in Gloucester, Sewell.
What is the average sales price for listings in 7 Palomino Trail?
The average sales price for units in 7 Palomino Trail is $0 currently.

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