NOT LISTED FOR SALE

1141 Madison Ave Bellmawr, NJ 08031

Estimated Value: $298,633 - $369,000

Studio
-- Bath
1,537 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $200,000 $130 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,324/month

16 Days on Market

Highlights

  • Colonial Architecture
  • Property is in very good condition
  • 4-minute walk to Florence Korostynski Memorial Dog Park
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of May 2021

Great Location for this Duplex that is ready to go. Good tenants with a positive cash flow.

Last Agent to Sell the Property

Thomas Heverly

(856) 931-0088 theverlysr@comcast.net Thomas J Heverly Realty Listed on: 03/16/2021

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 1941

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00
  • Property is in very good condition

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,537 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Schools

  • Bellmawr Park Elementary School
  • Bell Oaks Middle School
  • Triton High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 04-00004-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,473

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1537
  • Living Area Sq Ft: 1537
  • Price Per Sq Ft: 130.12
  • Above Grade Finished Sq Ft: 1537
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BELLMAWR PARK E.S.
  • High School: TRITON
  • Middle Or Junior School: BELL OAKS M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 118200.00
  • Land Assessed Value: 50200.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5250.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1773474
  • Tax Annual Amount: 6473.00
  • Assessor Parcel Number: 04-00004-00015
  • Tax Lot: 00015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jun 25, 2021
Sold by
Bowers Donald J
Bought by
Arj Associates Llc
Seller's Agent
Thomas Heverly
Thomas J Heverly Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%
Current Estimated Value
$337,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,908
Avg. Annual Appreciation
11.89%
Original Mortgage
$160,000
Outstanding Balance
$145,175
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$192,733

Purchase Details

Closed on
Jan 25, 2018
Sold by
Fritzsche Scott C
Bought by
Bowers Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arj Associates Llc $200,000 R W Schrader Title Agcy Llc
Bowers Donald J $115,000 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arj Associates Llc $160,000
Previous Owner Bowers Donald J $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $200,000 0.0% $130 / Sq Ft
04/29/2021 04/29/21 Price Changed $200,000 +2.6% $130 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $195,000 +5.4% $127 / Sq Ft
03/16/2021 03/16/21 For Sale $185,000 +60.9% $120 / Sq Ft
01/25/2019 01/25/19 Sold $115,000 -14.8% -- View Prior Sale
12/22/2018 12/22/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $135,000 0.0% --
05/15/2016 05/15/16 Rented $1,100 0.0% --
05/04/2016 05/04/16 Under Contract -- -- --
04/11/2016 04/11/16 For Rent $1,100 +41.9% --
07/01/2015 07/01/15 Rented $775 0.0% --
07/01/2015 07/01/15 Under Contract -- -- --
02/20/2015 02/20/15 For Rent $775 -- --
Source: Bright MLS

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 $6,369 $168,400 $50,200 $118,200
2024 $6,359 $168,400 $50,200 $118,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Heverly

    Thomas J Heverly Realty

    (856) 931-0088

    24 in this area

    61 Total Sales

    Thomas Heverly
    Section Image
  • Tammylee Kennedy

    Buyer's Agent in 2015

    Tammylee Kennedy

    KingsGate Realty LLC

    (856) 261-9649

    11 in this area

    186 Total Sales

    Tammylee Kennedy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD415244

Bright MLS

APN: 04-00004-0000-00015

New Jersey Camden County Bellmawr 08031

1141 Madison Ave, Bellmawr, NJ

Not Listed for Sale

MultiFamily

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