$52,000
SOLD JAN 6, 2023
3 Beds
1.5 Baths
1,236 Sq Ft
4,330 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

6% Above List Price

3 Days on Market

About This Home

As of May 2023

Investors get ready to restore this home to its former glory. This 3 bedroom 1.5 bathroom, basement home is located in Salem . This property would be great to flip or as a rental investment. Property is being sold strictly as-is. Buyer is responsible for any and all inspections.

Last Agent to Sell the Property

Colleen Dorrego

Keller Williams Realty - Washington Township Listed on: 12/12/2022

Keller Williams Realty - Washington Township

Last Buyer's Agent

Francis Liwock

EXP Realty, LLC License #1752581

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1920

Lot Details

  • 4,330 Sq Ft Lot
  • Lot Dimensions are 38.00 x 114.00

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,236 Sq Ft Home
  • Property has 1.5 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 13-00087-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Investors get ready to restore this home to its former glory. This 3 bedroom 1.5 bathroom, basement home is located in Salem . This property would be great to flip or as a rental investment. Property is being sold strictly as-is. Buyer is responsible for any and all inspections.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1236
  • Living Area Sq Ft: 1236
  • Price Per Sq Ft: 39.54
  • Above Grade Finished Sq Ft: 1236
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 104

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 28400.00
  • Land Assessed Value: 7300.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 38.00 x 114.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4330.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21907477
  • Tax Annual Amount: 2683.00
  • Assessor Parcel Number: 13-00087-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1236
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/06/2023

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 11, 2023
Sold by
Jimenez Joel Mexica
Bought by
Brown Shyheim and Brown Naomie
Seller's Agent
Francis Liwock
EXP Realty, LLC
Buyer's Agent
Keith Greaves
RE/MAX Preferred - Cherry Hill
List Price
$150,000
Sold Price
$155,000
Premium/Discount to List
$5,000
3.33%
Views
41
Current Estimated Value
$151,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,854
Avg. Annual Appreciation
-0.72%
Original Mortgage
$158,332
Outstanding Balance
$152,888
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$374

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jan 3, 2023
Sold by
Pd Enterprises Llc
Bought by
Jimenez Joel Mexica
Seller's Agent
Colleen Dorrego
Keller Williams Realty - Washington Township
Buyer's Agent
Francis Liwock
EXP Realty, LLC
List Price
$48,872
Sold Price
$52,000
Premium/Discount to List
$3,128
6.4%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2637.53%

Purchase Details

Closed on
Jan 7, 2016
Sold by
Richey Dream
Bought by
Pd Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2013
Sold by
Neher Michael F
Bought by
Richey Dream

Purchase Details

Closed on
Dec 28, 2007
Sold by
Secretary Of Housing & Urban Dev
Bought by
Neher Michael F

Purchase Details

Closed on
Oct 27, 2006
Sold by
Cooksey John B
Bought by
Sec Of Housing & Urban Development

Purchase Details

Closed on
Jan 2, 2001
Sold by
Brown Keith and Gross Rosella
Bought by
Cline Jeremy G and Dixon Jeanette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,663
Interest Rate
7.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1997
Sold by
Brown Gerald
Bought by
Brown Keith
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $155,000 Federation Title
Deed $52,000 --
Deed $35,000 Surety Title Company Llc
Deed $23,000 Salem Oak Title Agency
Deed $30,000 --
Deed -- --
Bargain Sale Deed $41,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $158,332 VA
Previous Owner $38,500 Commercial
Previous Owner $22,492 Purchase Money Mortgage
Previous Owner $65,663 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $155,000 +3.3% $125 / Sq Ft
03/19/2023 03/19/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $150,000 +188.5% $121 / Sq Ft
01/06/2023 01/06/23 Sold $52,000 +6.4% $42 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $48,872 -- $40 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,806 $47,300 $7,300 $40,000
2023 $2,806 $35,700 $7,300 $28,400
2022 $2,684 $35,700 $7,300 $28,400
2021 $2,591 $35,700 $7,300 $28,400
2020 $2,539 $35,700 $7,300 $28,400
2019 $2,524 $35,700 $7,300 $28,400
2018 $2,468 $35,700 $7,300 $28,400
2017 $2,438 $35,700 $7,300 $28,400
2016 $2,095 $53,500 $16,300 $37,200
2015 $2,068 $53,500 $16,300 $37,200
2014 $2,058 $53,500 $16,300 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2006230

Bright MLS

APN: 13-00087-0000-00010