NOT LISTED FOR SALE

113 Thompson St Unit 117 Salem, NJ 08079

Salem Neighborhood

Estimated Value: $96,000 - $155,000

-- Bed
-- Bath
1,680 Sq Ft
$73/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $5,000 $3 Per Sq Ft

Est. 2,460% increase in value since last sale

Current estimated payment $901/month

112 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of June 2015

GREAT INVESTMENT OPPORTUNITY!!!! 3 rental units!! Duplex features 2 - 2 bedroom units featuring full bath, kitchen, living room, laundry hook up, partial basement AND walk up attic. Duplex is currently boarded and not occupied. 3rd unit is a 2 bedroom Bungalow in need of work, has fire damage and is possibly a tear down.

Last Agent to Sell the Property

Eric Krwawecz

BHHS Fox & Roach-Mullica Hill South Listed on: 01/09/2015

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Eric Krwawecz

BHHS Fox & Roach-Mullica Hill South Listed on: 01/09/2015

BHHS Fox & Roach-Mullica Hill South

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 9,120 Sq Ft Lot
  • Lot Dimensions are 76x120

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,680 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,558

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 13-00077-00008

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY!!!! 3 rental units!! Duplex features 2 - 2 bedroom units featuring full bath, kitchen, living room, laundry hook up, partial basement AND walk up attic. Duplex is currently boarded and not occupied. 3rd unit is a 2 bedroom Bungalow in need of work, has fire damage and is possibly a tear down.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Hookup
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 2.98
  • Above Grade Finished Sq Ft: 1680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 113-117

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 101000.00
  • Land Assessed Value: 17500.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 76X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9120.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 2217059
  • Tax Annual Amount: 4558.00
  • Assessor Parcel Number: 13-00077-00008
  • Tax Lot: 00008
  • Tax Year: 2014
  • Close Date: 06/01/2015

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2003
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Deckard Michael J
Current Estimated Value
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Gear Herman T and Gear Patricia D
Bought by
Option One Mtg Loan Trust 2000-A Asset B

Purchase Details

Closed on
Nov 30, 1999
Sold by
Rulonstein Inc
Bought by
Gear Herman T and Gear Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,500
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 1997
Sold by
Wrr Inc
Bought by
Rulonstein Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,100
Interest Rate
10%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Deckard Michael J $38,000 Heritage Title
Option One Mtg Loan Trust 2000-A Asset B -- --
Gear Herman T $70,000 --
Rulonstein Inc $33,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deckard Michael J $120,000
Closed Deckard Michael J $36,000
Previous Owner Gear Herman T $10,500
Previous Owner Gear Herman T $56,000
Previous Owner Rulonstein Inc $23,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $5,000 0.0% $3 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $5,000 -- $3 / 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 $2,405 $30,600 $10,000 $20,600
2023 $2,405 $30,600 $10,000 $20,600
2022 $2,300 $30,600 $10,000 $20,600
2021 $2,221 $30,600 $10,000 $20,600
2020 $2,176 $30,600 $10,000 $20,600
2019 $2,163 $30,600 $10,000 $20,600
2018 $2,116 $30,600 $10,000 $20,600
2017 $2,090 $30,600 $10,000 $20,600
2016 $4,640 $118,500 $17,500 $101,000
2015 $4,581 $118,500 $17,500 $101,000
2014 $4,558 $118,500 $17,500 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002516948

Bright MLS

APN: 13-00077-0000-00008