NOT LISTED FOR SALE

112 Chalmers Ave Bellmawr, NJ 08031

Estimated Value: $306,173 - $345,000

-- Bed
-- Bath
1,441 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $199,900 $139 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,352/month

24 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Property is in excellent condition
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Attention Investors . . . This fantastic duplex in Bellmawr has just been listed for sale. Features separate electric, gas and heat. Newer replacement windows throughout, composite roof shingles, full basement with perimeter drainage system, outside bilco entrance, maintenance free vinyl siding, separate driveway parking for 1st and 2nd floor tenants. Both units are currently occupied under written leases. Tenants pay all their own utilities. Landlord pays for water, sewer and taxes. Take a look at all the photos and see for yourself that this investment property is in fantastic condition!

Last Agent to Sell the Property

Dale Riggs

BHHS Fox & Roach-Mullica Hill North License #8135574 Listed on: 10/30/2020

BHHS Fox & Roach-Mullica Hill North

Last Buyer's Agent

Kevin O'Grady

Keller Williams Realty - Washington Township License #1325650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,392

Year Built

  • Built in 1941

Lot Details

  • 4,845 Sq Ft Lot
  • Lot Dimensions are 51.00 x 95.00
  • Corner Lot
  • Property is in excellent condition

Home Design

  • 1,441 Sq Ft Home
  • Duplex
  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for lawn/shrub care, sewer, real estate taxes, water
  • Tax Lot 00009
  • Assessor Parcel Number 04-00002-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,392

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal property owned by tenants
  • New Construction: No
  • Year Built: 1941
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Drainage System, Full
  • Total Sq Ft: 1441
  • Living Area Sq Ft: 1441
  • Price Per Sq Ft: 138.72
  • Above Grade Finished Sq Ft: 1441
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 112

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: BELLMAWR PUBLIC SCHOOLS
  • School District Key: 300200396969
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 51.00 x 95.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4845.00
  • Property Condition: Very Good, Excellent
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL A
  • Zoning Description: Duplex

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Lawn/Shrub Care, Sewer, Taxes - Real Estate, Water
  • Total Actual Rent: 22800.00
  • Vacation Rental: No

Multi Family

  • Gross Income: 22800.00
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 6392.00
  • Assessor Parcel Number: 04-00002-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1441
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 01/05/2021

MLS Schools

  • School District Name: BELLMAWR PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 31, 2020
Sold by
Gallagher Timothy T and Gallagher Ann M
Bought by
Sparacio Pietro T
Seller's Agent
Dale Riggs
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Kevin O'Grady
Keller Williams Realty - Washington Township
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$326,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,393
Avg. Annual Appreciation
11.65%
Original Mortgage
$149,925
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2006
Sold by
Chapman Christopher
Bought by
Gallagher Timothy I and Gallagher Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.23%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Web 62 Llc
Bought by
Chapman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.8%
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
Sparacio Pietro T $199,900 Foundation Title Llc
Sparacio Pietro T $199,900 Foundation Title
Gallagher Timothy I $189,900 --
Chapman Christopher $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparacio Pietro T $149,925
Previous Owner Gallagher Timothy $112,500
Previous Owner Gallagher Timothy I $151,920
Previous Owner Chapman Christopher $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $199,900 0.0% $139 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $199,900 -- $139 / 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 $6,344 $168,000 $50,000 $118,000
2023 $6,344 $168,000 $50,000 $118,000
2022 $6,424 $168,000 $50,000 $118,000
2021 $6,550 $168,000 $50,000 $118,000
2020 $6,458 $168,000 $50,000 $118,000
2019 $6,392 $168,000 $50,000 $118,000
2018 $6,292 $168,000 $50,000 $118,000
2017 $6,218 $168,000 $50,000 $118,000
2016 $6,097 $168,000 $50,000 $118,000
2015 $5,979 $168,000 $50,000 $118,000
2014 $5,804 $168,000 $50,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD406136

Bright MLS

APN: 04-00002-0000-00009