1108 Stone Rd Laurel Springs, NJ 08021
6
Beds
5
Baths
3,954
Sq Ft
0.46
Acres
Highlights
- Raised Ranch Architecture
- Forced Air Heating System
- 4-minute walk to Saratoga Park
- No HOA
- Electric Baseboard Heater
About This Home
As of October 2021Welcome home to this one of a kind duplex located in Laurel Springs!
This duplex is perfectly sized for its new owners to live comfortably in the front of the building, while collecting rent from the tenants that live in the back!
The front unit has a very nice open floor plan 3 bedrooms and 3 baths, yes two of the bedrooms both have their own private baths! You also have a nice sized dining space off of the kitchen that has a door that leads you onto the side porch. This is where you can sit at and have front row seats of the holiday parades that march pass annually! There is also a nice overly sized basement that has ceilings high enough to finish! This unit is currently owner occupied and will be delivered vacant at closing.
Walking into unit 2, you have another 3 bedroom 1 bath unit. This unit is also very spacious and in great shape. This property is rented by good tenants that would love to stay in place paying 1400 per month!
Utilities are separated.
This property was initially the first school in Laurel Springs that was turned into a duplex many years ago, therefore you will notice a lot of the charming features that dates back to the original use. Above the ceilings is a large attic that was once used as classrooms and could possibly be built on to in the future to add more units and additional income!
The possibilities here are endless here, why rent when you can own this fantastic piece of property?! Schedule your tour today!
Last Agent to Sell the Property
EXP Realty, LLC License #RS332546 Listed on: 08/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,295
Year Built
- Built in 1902
Lot Details
- Lot Dimensions are 100.00 x 200.00
- Property is zoned MULTIFAMILY
Home Design
- Raised Ranch Architecture
- Frame Construction
Interior Spaces
- 3,954 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 6 Main Level Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Schools
- Laurel Springs Elementary School
- Local Middle School
- Sterling High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Baseboard Heater
- Electric Water Heater
- No Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 20-00037-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2021
Closed on
Oct 29, 2021
Sold by
Lynn Morris
Bought by
Sms Property Holdings Llc
Seller's Agent
Kyra Brinson
EXP Realty, LLC
Buyer's Agent
Sheryl Horner
Focus Real Estate
List Price
$315,000
Sold Price
$308,000
Premium/Discount to List
-$7,000
-2.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,260
Avg. Annual Appreciation
9.35%
Purchase Details
Listed on
Mar 3, 2015
Closed on
Jun 12, 2015
Sold by
White James L and White Patricia A
Bought by
Morris Lynn and Morris Jamilynn
Seller's Agent
George Kelly
Keller Williams - Main Street
Buyer's Agent
BOB HARMER
Long & Foster Real Estate, Inc.
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$157,102
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 3, 2007
Sold by
Kafer Patricia and White James L
Bought by
White James L and White Patricia A
Purchase Details
Closed on
Jul 31, 2001
Sold by
Murphy Karen
Bought by
Kafer Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.21%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 30, 1995
Sold by
Pantisano Scott
Bought by
Murphy Karen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $308,000 | Core Title | |
| Deed | $160,000 | Infinity Title Agency | |
| Bargain Sale Deed | -- | -- | |
| Deed | $110,000 | -- | |
| Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $157,102 | FHA | |
| Previous Owner | $77,102 | New Conventional | |
| Previous Owner | $88,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $308,000 | -2.2% | $78 / Sq Ft |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $315,000 | +96.9% | $80 / Sq Ft |
| 04/28/2015 04/28/15 | Sold | $160,000 | -3.0% | -- |
| 03/28/2015 03/28/15 | Pending | -- | -- | -- |
| 03/03/2015 03/03/15 | For Sale | $165,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $10,514 | $195,000 | $38,300 | $156,700 |
| 2023 | $10,514 | $195,000 | $38,300 | $156,700 |
| 2022 | $8,474 | $159,700 | $38,300 | $121,400 |
| 2021 | $8,395 | $159,700 | $38,300 | $121,400 |
| 2020 | $8,295 | $159,700 | $38,300 | $121,400 |
| 2019 | $838 | $159,700 | $38,300 | $121,400 |
| 2018 | $8,142 | $159,700 | $38,300 | $121,400 |
| 2017 | $7,899 | $159,700 | $38,300 | $121,400 |
| 2016 | $8,867 | $118,100 | $32,900 | $85,200 |
| 2015 | $8,663 | $118,100 | $32,900 | $85,200 |
| 2014 | $8,529 | $118,100 | $32,900 | $85,200 |
Source: Public Records
Agents Affiliated with this Home
-
Kyra Brinson
Seller's Agent in 2021
Kyra Brinson
EXP Realty, LLC
(201) 774-0019
1 in this area
175 Total Sales
-
Sheryl Horner
Buyer's Agent in 2021
Sheryl Horner
Focus Real Estate
(856) 200-1419
4 in this area
15 Total Sales
-
George Kelly
Seller's Agent in 2015
George Kelly
Keller Williams - Main Street
(856) 470-7425
1 in this area
453 Total Sales
-
B
Buyer's Agent in 2015
BOB HARMER
Long & Foster
Map
Source: Bright MLS
MLS Number: NJCD2005744
APN: 20-00037-0000-00014
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