NOT LISTED FOR SALE

109 Myrtle Ave Merchantville, NJ 08109

Estimated Value: $324,000 - $342,000

3 Beds
1 Bath
1,371 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $40,000 $29 Per Sq Ft

Est. 747% increase in value since last sale

Current estimated payment $2,622/month

30 Days on Market

Highlights

  • 1 Fireplace
  • 1 Car Detached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • 3-minute walk to Wellwood Park

About This Home

As of January 2016

This property is now being handled by Hudson and Marshall. Sale dates are November 19th to November 21st. See remarks below for website info to click to submit presale offers by using the BidNow icon. Bids will be taken during pre and post sale at the H&M website. No minimum starting bid. Total commission paid is 5% of contract sales price. 2.5% to listing agent & 2.5% to cooperating broker with a $1500 minimum to each. No other incentives apply. Owner has the right to (a) to change the date, place & terms of sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale.

Last Agent to Sell the Property

Kathleen Emanuel

Key Properties Real Estate License #9332906 Listed on: 10/20/2015

Last Buyer's Agent

Basem Mazahreh

Garden State Properties Group - Merchantville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 50x210

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 1,371 Sq Ft Home
  • Property has 1.5 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Wellwood Park Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 24-00010-00007

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1922
  • Remarks Public: This property is now being handled by Hudson and Marshall. Sale dates are November 19th to November 21st. See remarks below for website info to click to submit presale offers by using the BidNow icon. Bids will be taken during pre and post sale at the H&M website. No minimum starting bid. Total commission paid is 5% of contract sales price. 2.5% to listing agent & 2.5% to cooperating broker with a $1500 minimum to each. No other incentives apply. Owner has the right to (a) to change the date, place & terms of sale; (b) to remove the property from the market; and (c) to sell the property prior to the sale.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1371
  • Living Area Sq Ft: 1371
  • Net Sq Ft: 1371.00
  • Price Per Sq Ft: 51.06
  • Above Grade Finished Sq Ft: 1371
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MERCHANTVILLE PUBLIC SCHOOLS
  • School District Key: 300200396996

Lot Info

  • Improvement Assessed Value: 76100.00
  • Land Assessed Value: 53800.00
  • Lot Size Acres: 0.24
  • Lot Dimensions: 50X210
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10500.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1899062
  • Tax Annual Amount: 4986.00
  • Assessor Parcel Number: 24-00010-00007
  • Tax Lot: 00007
  • Tax Year: 2015
  • Close Date: 01/08/2016

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Alvarez Melvin
Bought by
Bissey James W
Current Estimated Value
$338,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,975
Outstanding Balance
$152,842
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$145,687

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 22, 2015
Sold by
Wells Fargo Bank Na
Bought by
Alvarez Melvin
Seller's Agent
Kathleen Emanuel
Key Properties Real Estate
Buyer's Agent
Basem Mazahreh
Garden State Properties Group - Merchantville
List Price
$70,000
Sold Price
$40,000
Premium/Discount to List
-$30,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.32%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Powell Manfred M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 21, 2005
Sold by
Hankins Jacqueline A
Bought by
Powell Manfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.28%

Purchase Details

Closed on
Dec 31, 2001
Sold by
Kottke Judith
Bought by
Hankins Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,310
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 1997
Sold by
Nortimer Carol D
Bought by
Kottke Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bissey James W $189,975 Trident Land Transfer Co
Alvarez Melvin $40,000 Cape Atlantic Title Agency L
Wells Fargo Bank Na -- None Available
Powell Manfred $185,000 --
Hankins Jacqueline A $88,000 --
Kottke Judith E $25,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bissey James W $169,975
Previous Owner Powell Manfred $148,000
Previous Owner Hankins Jacqueline A $87,310
Previous Owner Kottke Judith E $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $40,000 -42.9% $29 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $70,000 -- $51 / 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
2025 $9,001 $168,900 $53,800 $115,100
2024 $8,568 $168,900 $53,800 $115,100
2023 $8,568 $168,900 $53,800 $115,100
2022 $8,205 $168,900 $53,800 $115,100
2021 $8,149 $168,900 $53,800 $115,100
2020 $4,665 $98,600 $53,800 $44,800
2019 $4,578 $98,600 $53,800 $44,800
2018 $4,360 $98,600 $53,800 $44,800
2017 $4,176 $98,600 $53,800 $44,800
2016 $5,249 $129,900 $53,800 $76,100
2015 $4,986 $129,900 $53,800 $76,100
2014 $4,804 $129,900 $53,800 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002723006

Bright MLS

APN: 24-00010-0000-00007