NOT LISTED FOR SALE

116 Woodbine Ave Merchantville, NJ 08109

Estimated Value: $271,092 - $331,000

-- Bed
-- Bath
-- Sq Ft
4,305 Sq Ft Lot

Last Sold January 25, 2019

Last sale price $132,000

Est. 133% increase in value since last sale

Current estimated payment $2,215/month

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • No HOA
  • Ceiling Fan
  • 4-minute walk to Wellwood Park

About This Home

As of January 2019

Duplex located in Merchantville. This is a great investment property and could even be owner occupied if interested as the first floor unit is on a month-to-month lease and the 2nd floor is now vacant. The first floor units features a Living Room, Eat-In Kitchen, 1 bedroom and a possible office or even nursery, full bath and access to the unfinished basement. The second floor unit which has been newly painted consists of a Living Room, Eat-In Kitchen, one bedroom, full bathroom and access to the attic. There is an open/covered Front Porch, nice size fenced in backyard, new driveway, newer windows and Brand New Service Cable. Merchantville is now a sending district for Haddon Heights!!!

Last Agent to Sell the Property

Kathy Mcdonald

(609) 519-6418 kathymcrealtor@comcast.net BHHS Fox & Roach - Haddonfield License #7856561 Listed on: 03/05/2018

BHHS Fox & Roach - Haddonfield

Last Buyer's Agent

Kathy Mcdonald

(609) 519-6418 kathymcrealtor@comcast.net BHHS Fox & Roach - Haddonfield License #7856561 Listed on: 03/05/2018

BHHS Fox & Roach - Haddonfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,696

Year Built

  • Built in 1924

Lot Details

  • 4,305 Sq Ft Lot
  • Lot Dimensions are 41x105

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Merchantville Elementary And Middle School
  • Haddon Heights High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 24-00014 01-00007

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wellwood Park Subdivision

Building Details

  • 1 Vacant Unit
  • Operating Expense $5,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,696

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1924
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Sidewalks, Street Lights
  • 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: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Elementary School: MERCHANTVILLE
  • High School: HADDON HEIGHTS H.S.
  • Middle Or Junior School: MERCHANTVILLE

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 41X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4305.00
  • Property Attached Yn: Yes
  • Zoning: RESID

Rental Info

  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 20760.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 5696.00
  • Assessor Parcel Number: 24-00014 01-00007
  • Tax Lot: 00007
  • Tax Year: 2017

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Jan 25, 2019
Sold by
Watson Scott G and Watson Margaret E
Bought by
Desane Meshack J
Seller's Agent
Kathy Mcdonald
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Kathy Mcdonald
BHHS Fox & Roach - Haddonfield
List Price
$159,900
Sold Price
$132,000
Premium/Discount to List
-$27,900
-17.45%
Current Estimated Value
$307,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,023
Avg. Annual Appreciation
13.18%
Original Mortgage
$127,594
Outstanding Balance
$112,178
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$194,845

Purchase Details

Closed on
May 31, 1989
Bought by
Watson Scott and Repsik Margaret
Source: Public Records

Range of Values:

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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
Desane Meshack J $132,000 Title Evolution Llc
Watson Scott $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desane Meshack J $127,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $132,000 -2.1% --
12/13/2018 12/13/18 Pending -- -- --
11/27/2018 11/27/18 Price Changed $134,900 -3.6% --
10/04/2018 10/04/18 Price Changed $139,900 -6.7% --
05/04/2018 05/04/18 Price Changed $149,900 -6.3% --
03/05/2018 03/05/18 For Sale $159,900 -- --
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 $7,168 $134,500 $48,800 $85,700
2024 $6,823 $134,500 $48,800 $85,700
2023 $6,823 $134,500 $48,800 $85,700
2022 $6,534 $134,500 $48,800 $85,700
2021 $6,490 $134,500 $48,800 $85,700
2020 $6,363 $134,500 $48,800 $85,700
2019 $6,245 $134,500 $48,800 $85,700
2018 $5,948 $134,500 $48,800 $85,700
2017 $5,696 $134,500 $48,800 $85,700
2016 $5,435 $134,500 $48,800 $85,700
2015 $5,162 $134,500 $48,800 $85,700
2014 $4,974 $134,500 $48,800 $85,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000237648

Bright MLS

APN: 24-00014-01-00007