NOT LISTED FOR SALE

Estimated Value: $241,000 - $331,000

-- Bed
-- Bath
1,440 Sq Ft
$205/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $165,000 $115 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,271/month

110 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Eat-In Kitchen
  • Attic
  • Porch
  • 5-minute walk to Haddon Lake Park

About This Home

As of January 2022

Investors delight! This 2 Family Home sits on a great sized lot and it's oozing with potential. Both Units boast 2 Bedrooms, 1 Bath, EIK and Living Room. Each with separate utilities. Both units also have their own Laundry Hook up which is so convenient. 1st Unit w/carpet throughout. 2nd Unit has beautiful Hardwood floors. Add your own personal touches to each to really make it your own. Basement has tons of storage. The backyard is a great size and there is an oversized shed here, too. As-is, with really great bones, you do not want to miss out on this opportunity. The income produced is a guaranteed profit! Come and see today!

Last Agent to Sell the Property

Robert Dekanski

RE/MAX 1st Advantage Listed on: 08/02/2021

RE/MAX 1st Advantage

Co-Listed By

Michael Ritzer

RE/MAX 1st Advantage License #1221935

Last Buyer's Agent

Nancy Reynolds

EXIT MBR Realty License #1863806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,408

Year Built

  • Built in 1920

Lot Details

  • 8,550 Sq Ft Lot
  • Lot Dimensions are 45.00 x 190.00

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking

Outdoor Features

  • Shed
  • Porch

Schools

  • Mary Bray Elementary School
  • R. W. Kershaw Middle School
  • Audubon High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, sewer, water, real estate taxes
  • Tax Lot 00014 04
  • Assessor Parcel Number 25-00021-00014 04

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Operating Expense $10,000
  • Gross Income $19,200
  • Net Operating Income $9,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,408

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Exclusions: Personal Belongings. Microwaves.
  • Home Warranty: No
  • Inclusions: Stove.
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Investors delight! This 2 Family Home sits on a great sized lot and it's oozing with potential. Both Units boast 2 Bedrooms, 1 Bath, EIK and Living Room. Each with separate utilities. Both units also have their own Laundry Hook up which is so convenient. 1st Unit w/carpet throughout. 2nd Unit has beautiful Hardwood floors. Add your own personal touches to each to really make it your own. Basement has tons of storage. The backyard is a great size and there is an oversized shed here, too. As-is, with really great bones, you do not want to miss out on this opportunity. The income produced is a guaranteed profit! Come and see today!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Gas, Dryer, Refrigerator, Washer
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Kitchen - Eat-In, Wood Floors
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 117.99
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: On Street, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MOUNT EPHRAIM BOROUGH PUBLIC SCHOOLS
  • Elementary School: MARY BRAY SCHOOL
  • Middle School: R. W. KERSHAW SCHOOL
  • High School: AUDUBON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396997
  • School District Source: Listing Agent
  • Elementary School: MARY BRAY SCHOOL
  • High School: AUDUBON H.S.
  • Middle Or Junior School: R. W. KERSHAW SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 114200.00
  • Land Assessed Value: 37700.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 45.00 x 190.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8550.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Insurance, Sewer, Water, Taxes - Real Estate
  • Total Actual Rent: 19200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 19200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 10000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1900449
  • Tax Annual Amount: 7408.00
  • Assessor Parcel Number: 25-00021-00014 04
  • Tax Lot: 00014 04
  • Tax Total Finished Sq Ft: 1440
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 01/24/2022

MLS Schools

  • School District Name: MOUNT EPHRAIM BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Jan 24, 2022
Sold by
Christos Gougolis
Bought by
Williams Zackarie
Seller's Agent
Robert Dekanski
RE/MAX 1st Advantage
Buyer's Agent
Nancy Reynolds
EXIT MBR Realty
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%
Current Estimated Value
$295,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,480
Avg. Annual Appreciation
16.17%
Original Mortgage
$195,845
Outstanding Balance
$183,576
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$99,048

Purchase Details

Listed on
Aug 2, 2021
Closed on
Nov 29, 2021
Sold by
Swa Remainder I Llc
Bought by
Conwa Property I Llc
Seller's Agent
Robert Dekanski
RE/MAX 1st Advantage
Buyer's Agent
Nancy Reynolds
EXIT MBR Realty
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,845
Outstanding Balance
$183,576
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$99,048

Purchase Details

Closed on
Sep 15, 2005
Sold by
Stephen Rizzo Inc
Bought by
Gougolis Christos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
5.85%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Domingues Victor
Bought by
Stephen Rizzo Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
5.85%

Purchase Details

Closed on
Apr 16, 2003
Sold by
Estate Of Bertha Werbanny
Bought by
Domingues Victor
Source: Public Records

Range of Values:

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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
Williams Zackarie $165,000 Downtown Abstract
Conwa Property I Llc $6,508,600 Fidelity National Title
Gougolis Christos $164,900 --
Stephen Rizzo Inc $185,000 --
Domingues Victor $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Zackarie $10,796
Open Williams Zackarie $195,845
Previous Owner Gougolis Christos $90,000
Previous Owner Gougolis Christos $25,000
Previous Owner Gougolis Christos $131,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $165,000 -2.9% $115 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
10/19/2021 10/19/21 Price Changed $169,900 -5.6% $118 / Sq Ft
09/15/2021 09/15/21 Price Changed $180,000 -5.2% $125 / Sq Ft
08/02/2021 08/02/21 For Sale $189,900 -- $132 / 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 $7,937 $151,900 $37,700 $114,200
2024 $7,832 $151,900 $37,700 $114,200
2023 $7,832 $151,900 $37,700 $114,200
2022 $7,621 $151,900 $37,700 $114,200
2021 $7,408 $151,900 $37,700 $114,200
2020 $7,208 $151,900 $37,700 $114,200
2019 $7,077 $151,900 $37,700 $114,200
2018 $7,015 $151,900 $37,700 $114,200
2017 $6,911 $151,900 $37,700 $114,200
2016 $6,694 $151,900 $37,700 $114,200
2015 $6,463 $151,900 $37,700 $114,200
2014 $6,143 $91,100 $26,000 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2003272

Bright MLS

APN: 25-00021-0000-00014-04