NOT LISTED FOR SALE

116 Chestnut St Cherry Hill, NJ 08002

Estimated Value: $125,362 - $149,000

1 Bed
1 Bath
782 Sq Ft
$424/mo HOA Fee

Last Sold May 23, 2017

Last sale price $37,582 $48 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,350/month

53 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Living Room
  • Community Pool
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom

About This Home

As of May 2017

First floor condo with one bedroom and one bathroom, built in 1965. HUD Home. Sold "AS IS" by elec. bid only. Prop avail 1-27-17. Bids due daily by 11:59 PM Central Time then daily until sold. FHA Case #351-492222. Insured w Escrow Rpr. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore .com. For additional forms, updates, step-by-step videos & free photo list, please visit BLBResources .com. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to FloodSmart .gov for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Install baseboard covers as needed. At each ownership change buyer responsible for 1st Month's Condo fee, 3 months Capital Contribution, an administration fee of $350.00 for preparation of the association documents and a $300.00 refundable security deposit to Move-In to the building after settlement. Buyer to verify all info, At each ownership change seller is responsible for an administration fee for the preparation of association documents in the amount of $300.00. The SELLER is responsible for the turning over the condo documents (Master Deed, By Laws, and Rules and Regulations, etc.) and the keys for the mailbox and unit. There is a $40 charge for the replacement of any building front door key and an additional $50.00 for the replacement of mailbox keys and $100.00 extra charge for condo docs. , Individual condominium unit, HOA Association fee of $423.60 Monthly : Chestnut Place Condominium Association. Repairs: Replace stove.

Last Agent to Sell the Property

John Swartz

RE/MAX Preferred - Sewell License #0125598 Listed on: 01/27/2017

Last Buyer's Agent

Kenneth Pomo

BHHS Fox & Roach-Moorestown

BHHS Fox & Roach-Moorestown

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1965

Lot Details

  • 2.33

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 782 Sq Ft Home
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00001-C0116
  • Assessor Parcel Number 09-00288 05-00001-C0116

Community Details

Overview

  • Association fees include pool(s)
  • Chestnut Place Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,921

Year Built

Built in 1965

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Year Built: 1965
  • Remarks Public: First floor condo with one bedroom and one bathroom, built in 1965. HUD Home. Sold "AS IS" by elec. bid only. Prop avail 1-27-17. Bids due daily by 11:59 PM Central Time then daily until sold. FHA Case #351-492222. Insured w Escrow Rpr. Eligible for FHA 203K. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore .com. For additional forms, updates, step-by-step videos & free photo list, please visit BLBResources .com. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to FloodSmart .gov for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Install baseboard covers as needed. At each ownership change buyer responsible for 1st Month's Condo fee, 3 months Capital Contribution, an administration fee of $350.00 for preparation of the association documents and a $300.00 refundable security deposit to Move-In to the building after settlement. Buyer to verify all info, At each ownership change seller is responsible for an administration fee for the preparation of association documents in the amount of $300.00. The SELLER is responsible for the turning over the condo documents (Master Deed, By Laws, and Rules and Regulations, etc.) and the keys for the mailbox and unit. There is a $40 charge for the replacement of any building front door key and an additional $50.00 for the replacement of mailbox keys and $100.00 extra charge for condo docs. , Individual condominium unit, HOA Association fee of $423.60 Monthly : Chestnut Place Condominium Association. Repairs: Replace stove.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Floors In Unit Count: 1
  • Room Count: 3
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 782
  • Living Area Sq Ft: 782
  • Net Sq Ft: 782.00
  • Price Per Sq Ft: 48.06
  • Above Grade Finished Sq Ft: 782
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Access To Pool: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 423.60
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396971

Lot Info

  • Improvement Assessed Value: 38900.00
  • Land Assessed Value: 10000.00
  • Lot Size Acres: 2.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 101495.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1820072
  • Tax Annual Amount: 1921.00
  • Assessor Parcel Number: 09-00288 05-00001-C0116
  • Tax Lot: 00001-C0116
  • Tax Year: 2016
  • Close Date: 05/23/2017

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2019
Sold by
Small Jeannette
Bought by
Le Chuong and Vo Nguyen
Current Estimated Value
$136,841

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 19, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Small Jeannette
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
Kenneth Pomo
BHHS Fox & Roach-Moorestown
List Price
$43,000
Sold Price
$37,582
Premium/Discount to List
-$5,418
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%

Purchase Details

Closed on
Apr 10, 2016
Sold by
Lyons Matthew James
Bought by
Secretary Of Hud

Purchase Details

Closed on
Aug 3, 2007
Sold by
Sewell Betty R
Bought by
Lyons Matthew James and Comella Katharine Elizabeth
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
Le Chuong $30,000 Homestead Title Agency Inc
Small Jeannette -- None Available
Secretary Of Hud -- None Available
Lyons Matthew James $106,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $37,582 0.0% $48 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/16/2017 03/16/17 Price Changed $37,582 -5.0% $48 / Sq Ft
02/07/2017 02/07/17 Price Changed $39,560 -8.0% $51 / Sq Ft
01/27/2017 01/27/17 For Sale $43,000 -- $55 / 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 $2,180 $48,900 $10,000 $38,900
2024 $2,055 $48,900 $10,000 $38,900
2023 $2,055 $48,900 $10,000 $38,900
2022 $1,998 $48,900 $10,000 $38,900
2021 $2,004 $48,900 $10,000 $38,900
2020 $1,980 $48,900 $10,000 $38,900
2019 $1,979 $48,900 $10,000 $38,900
2018 $1,974 $48,900 $10,000 $38,900
2017 $1,947 $48,900 $10,000 $38,900
2016 $1,921 $48,900 $10,000 $38,900
2015 $1,890 $48,900 $10,000 $38,900
2014 $1,869 $48,900 $10,000 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003176537

Bright MLS

APN: 09-00288-05-00001-0000-C0116