tomo logo

$290,999

Beds
4
Baths
2.5
sq ft
2,522

703 Sparrow Ln, Millville, NJ 08332

703 Sparrow Ln

MILLVILLE, NJ 08332

  • 2 days on market
Jump on this amazing opportunity at 703 Sparrow Lane! This spacious 4-bedroom, 3-bathroom gem with 2,522 sqft is perfect for investors. Sold as-is, it's a blank canvas for your creative touch. Located in a charming neighborhood with a big backyard and easy access to everything you need, this home is bursting with potential. Whether you're a seasoned investor or just starting out, this is your next exciting project! Don't wait – contact us now to schedule a viewing and start dreaming big! Caution Home needs lots of love. Some possible safety hazards, that potential buyer should be aware of when entering for viewing.

Details

Property type

Single Family Residence

Est. home value

$330,249

Lot size

0.25 acres

Price per sq ft

$116

Year built

2008

Annual property taxes

$7,204

HOA

No

Price History

06/28/2024

Bright #NJCB2019030

Listed
$290,999
+32.27%
03/14/2019

Bright #1001918036

Sold
$220,000

Schools & Community

Elementary school: 

R.M BACON

Middle school: 

LAKESIDE

High school: 

MILLVILLE SENIOR

School district: 

MILLVILLE BOARD OF EDUCATION

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$99,335
Asking price
$290,999
Closing costs (~8% of asking)
-$23,280
Est. remaining loan balance
-$168,384
Cash to seller
$99,335

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Taylor Bean & Whitaker Mortgage Corp

Loan start date

April 2009

Original loan amount

$248,001

Est. remaining balance

$168,384

Interest rate

5.16%

Loan type

VA, 30 year

Seller

William Loatman and Cynthia Loatman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/30/2024 at 7:55 PM

Listing updated: 06/28/2024 at 1:04 PM

Listed by: David M Sweeney, USRealty.com LLP Phone #: (866) 807-9087

MLS: Bright #NJCB2019030

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