NOT LISTED FOR SALE

Estimated Value: $278,020 - $449,000

-- Bed
-- Bath
2,416 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $156,000 $65 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,591/month

36 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lenape High School Rated A-
  • En-Suite Primary Bedroom
  • Wall to Wall Carpet

About This Home

As of April 2016

This is a Fannie Mae Home Path property! Duplex located in Larchmont Estates offering a 3 bedroom & 2 bedroom unit with a garage for each. Great income potential for the investor or for an owner occupant in one unit while renting the second unit. Good location, close to major roads and desirable schools. Buyer is responsible for certificate of occupancy

Last Listed By

Alan Browne

RE/MAX Of Cherry Hill License #8643142 Listed on: 01/05/2016

RE/MAX Of Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,932

Year Built

  • Built in 1980

Lot Details

  • 3,388 Sq Ft Lot
  • Lot Dimensions are 28x121
  • Property is in below average condition

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • 2,416 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 24-00303 03-00008

Community Details

Overview

  • No Home Owners Association
  • Larchmont Estates Subdivision

Building Details

  • Operating Expense $4,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,932

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: Existing: 2 Rf,Re,Wa,Dr,Dw, Cf, Sd And W/W In "As Is" Cond.
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: This is a Fannie Mae Home Path property! Duplex located in Larchmont Estates offering a 3 bedroom & 2 bedroom unit with a garage for each. Great income potential for the investor or for an owner occupant in one unit while renting the second unit. Good location, close to major roads and desirable schools. Buyer is responsible for certificate of occupancy
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2416
  • Living Area Sq Ft: 2416
  • Price Per Sq Ft: 69.95
  • Above Grade Finished Sq Ft: 2416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • 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: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396964

Lot Info

  • Improvement Assessed Value: 144800.00
  • Land Assessed Value: 37000.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 28X121
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3388.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1696626
  • Tax Annual Amount: 4932.00
  • Assessor Parcel Number: 24-00303 03-00008
  • Tax Lot: 00008
  • Tax Year: 2015
  • Close Date: 04/22/2016

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2016
Closed on
Jun 10, 2016
Sold by
Federal National Mortgage Association
Bought by
Litwinowicz Korneliusz
Seller's Agent
Alan Browne
RE/MAX Of Cherry Hill
Buyer's Agent
Craig Roloff
RE/MAX Of Cherry Hill
List Price
$167,000
Sold Price
$156,000
Premium/Discount to List
-$11,000
-6.59%
Total Days on Market
36
Current Estimated Value
$381,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,005
Avg. Annual Appreciation
9.70%
Original Mortgage
$153,174
Outstanding Balance
$124,313
Interest Rate
3.6%
Estimated Equity
$236,914

Purchase Details

Closed on
Feb 20, 2015
Sold by
Chaoui Mohammed
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2007
Sold by
Penaverde Erwin
Bought by
Chaoui Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2003
Sold by
Young Daniel M
Bought by
Bisaga Brett R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
5.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 10, 2002
Sold by
Swiatkowski Gale I
Bought by
Young Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,200
Interest Rate
6.16%

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
Litwinowicz Korneliusz -- --
Federal National Mortgage Association -- None Available
Chaoui Mohammed $295,000 None Available
Bisaga Brett R $163,000 The Title Company Of Jersey
Young Daniel M $138,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bisaga Brett R $153,174
Closed Bisaga Brett R --
Previous Owner Chaoui Mohammed $265,500
Previous Owner Penaverde Erwin $242,250
Previous Owner Bisaga Brett R $176,000
Previous Owner Bisaga Brett R $158,000
Previous Owner Bisaga Brett R $154,850
Previous Owner Young Daniel M $124,200
Previous Owner Swiatkowski Gale I $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $156,000 -6.6% $65 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $167,000 -- $69 / 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 $5,632 $185,400 $37,000 $148,400
2023 $5,632 $185,400 $37,000 $148,400
2022 $5,614 $185,400 $37,000 $148,400
2021 $5,508 $185,400 $37,000 $148,400
2020 $5,401 $185,400 $37,000 $148,400
2019 $5,345 $185,400 $37,000 $148,400
2018 $5,304 $185,400 $37,000 $148,400
2017 $5,067 $181,800 $37,000 $144,800
2016 $4,990 $181,800 $37,000 $144,800
2015 $4,932 $181,800 $37,000 $144,800
2014 $4,883 $181,800 $37,000 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002374440

Bright MLS

APN: 24-00303-03-00008