NOT LISTED FOR SALE

121 E Madison Ave Unit A & UNIT B Collingswood, NJ 08108

Estimated Value: $413,964 - $480,000

3 Beds
2 Baths
1,560 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $253,061 $162 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,079/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Den
  • James A. Garfield Elementary School Rated A-
  • No HOA
  • 3 Car Detached Garage

About This Home

As of November 2020

Your opportunity to own this lovely fully rented duplex as an investment awaits! This charming detached home is located on a quiet tree lined street in the quaint town of Collingswood, NJ. As you enter the first floor unit, just off the foyer is the living room with an open floor plan that flows seamlessly to the family and dining room. Additional features include original hardwood floors, window A.C. units, a multitude of windows for an abundance of light, an office, a full bath and a galley kitchen with access to a spacious backyard. The upper floor unit includes a nicely sized master bedroom, a family room, a full bath and a spacious eat-in kitchen. Additional features include carpet throughout, window A.C. units and last but not least a second bedroom located on the third level. Both units share the washer and dryer which are located in the basement. Also, detached garage sold as is. The property is in walking distance to Cooper River, PATCO for a convenient commute to Philadelphia and a variety of restaurants and shopping. Don't miss out, make an appointment to view this excellent investment opportunity today.

Last Agent to Sell the Property

Larry Howard

(856) 685-5675 larryhoward2007@comcast.net Sureway Realty Listed on: 09/13/2020

Last Buyer's Agent

Kelly Guida-Patrizio

(856) 316-9459 kpatrizio@cbpref.com Coldwell Banker Realty License #RS325565

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,556

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 125.00

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Unfinished Basement
  • Laundry in Basement
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Bathtub with Shower

Laundry

  • Dryer
  • Front Loading Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 12-00016-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,556

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: Your opportunity to own this lovely fully rented duplex as an investment awaits! This charming detached home is located on a quiet tree lined street in the quaint town of Collingswood, NJ. As you enter the first floor unit, just off the foyer is the living room with an open floor plan that flows seamlessly to the family and dining room. Additional features include original hardwood floors, window A.C. units, a multitude of windows for an abundance of light, an office, a full bath and a galley kitchen with access to a spacious backyard. The upper floor unit includes a nicely sized master bedroom, a family room, a full bath and a spacious eat-in kitchen. Additional features include carpet throughout, window A.C. units and last but not least a second bedroom located on the third level. Both units share the washer and dryer which are located in the basement. Also, detached garage sold as is. The property is in walking distance to Cooper River, PATCO for a convenient commute to Philadelphia and a variety of restaurants and shopping. Don't miss out, make an appointment to view this excellent investment opportunity today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Dryer
  • Interior Amenities: Tub Shower, Wood Floors, Carpet
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Office, Bathroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1560
  • Living Area Sq Ft: 1560
  • Price Per Sq Ft: 175.64
  • Above Grade Finished Sq Ft: 1560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • Senior Community: No

Schools

  • School District: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200397417
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 164000.00
  • Land Assessed Value: 74600.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1845653
  • Tax Annual Amount: 8556.00
  • Assessor Parcel Number: 12-00016-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1560
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/16/2020

MLS Schools

  • School District Name: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2020
Closed on
Nov 13, 2020
Sold by
Gmmw Llc
Bought by
Linhardt Evan and Hinkel Matthew E
Seller's Agent
Larry Howard
Sureway Realty
Buyer's Agent
Kelly Guida-Patrizio
Coldwell Banker Realty
List Price
$274,000
Sold Price
$253,061
Premium/Discount to List
-$20,939
-7.64%
Current Estimated Value
$439,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,930
Avg. Annual Appreciation
11.85%
Original Mortgage
$189,795
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Dejesus Joy L and Mrozinski Christopher
Bought by
Gmmw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2005
Sold by
Schurr Thomas W
Bought by
Dejesus Joy L and Mrozinski Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,680
Interest Rate
5.79%

Purchase Details

Closed on
Dec 31, 1997
Sold by
French Woodrow
Bought by
Schurr Thomas W and Schurr Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.92%
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
Linhardt Evan $253,061 Realsafe Title Llc
Linhardt Evan $253,061 None Listed On Document
Gmmw Llc $225,000 Surety Title Co
Dejesus Joy L $220,000 --
Schurr Thomas W $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linhardt Evan $189,795
Previous Owner Gmmw Llc $168,000
Previous Owner Dejesus Joy L $177,680
Previous Owner Schurr Thomas W $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $253,061 -7.6% $162 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $274,000 -- $176 / 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 $9,255 $395,000 $179,000 $216,000
2024 $9,119 $238,600 $74,600 $164,000
2023 $9,119 $238,600 $74,600 $164,000
2022 $8,893 $238,600 $74,600 $164,000
2021 $8,759 $238,600 $74,600 $164,000
2020 $8,556 $238,600 $74,600 $164,000
2019 $8,370 $238,600 $74,600 $164,000
2018 $8,289 $238,600 $74,600 $164,000
2017 $8,179 $238,600 $74,600 $164,000
2016 $7,967 $238,600 $74,600 $164,000
2015 $7,731 $238,600 $74,600 $164,000
2014 $7,516 $238,600 $74,600 $164,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD401124

Bright MLS

APN: 12-00016-0000-00014