NOT LISTED FOR SALE

121 S Centre St Merchantville, NJ 08109

Estimated Value: $364,000 - $452,000

-- Bed
-- Bath
2,332 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $210,000 $90 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,016/month

18 Days on Market

Highlights

  • No HOA
  • Shed
  • Ceiling Fan
  • Cooling System Mounted In Outer Wall Opening
  • En-Suite Primary Bedroom
  • 3-minute walk to Still Park

About This Home

As of July 2017

A Philly Commuters Dream!!! An excellent Investment Property in Historic Merchantville!!! Small Town Living with Big City Access!!! Just minutes from the Patco, the Riverline, buses, and Ben Franklin Bridge. 1.5 miles from the Cherry Hill Mall. Both units are open floor concept and equipped with their own laundry. Unit 1 offers 2 entrances, front and back, not shared with Unit B, 3 large bedrooms and 2 full bathrooms, a completely renovated kitchen, complete with stainless steel appliances. A large bay window overlooking your deck. New flooring, sliding glass doors off the kitchen, lead to a deck. This unit has tons of storage, including large closets, a full basement, and a storage shed in the backyard. Unit 2 has unbelievable character. Open floor plan with sliding glass doors leading to a new deck, over looking your fenced in backyard. The main floor includes a large bedroom, laundry area and a bathroom. A large living space boosts vaulted ceilings, a wood burning fireplace and a spiral staircase, taking you to a bedroom and loft. Whether you are cash investor looking for income, or a homeowner looking to have their mortgage paid for them, this is an incredible opportunity!!! AS IS.

Last Agent to Sell the Property

Carolyn Warner

Penzone Realty License #1650076 Listed on: 06/09/2017

Last Buyer's Agent

George Kelly

Keller Williams - Main Street

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,415

Year Built

  • Built in 1926

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 50x138

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,332 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement
  • Laundry in unit

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Merchantville Elementary And Middle School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 24-00034-00005

Community Details

Overview

  • No Home Owners Association
  • Aasfair Meadows Subdivision

Building Details

  • Operating Expense $7,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,415

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Furnishings, Personal Property Of Tenant, Unit B-Refrigerator
  • Inclusions: Unit 1-All Appliances, Kitchen Island. Unit 2-Washer And Dryer, Stove
  • New Construction: No
  • Storage: Basement, Shed
  • Year Built: 1926
  • Remarks Public: A Philly Commuters Dream!!! An excellent Investment Property in Historic Merchantville!!! Small Town Living with Big City Access!!! Just minutes from the Patco, the Riverline, buses, and Ben Franklin Bridge. 1.5 miles from the Cherry Hill Mall. Both units are open floor concept and equipped with their own laundry. Unit 1 offers 2 entrances, front and back, not shared with Unit B, 3 large bedrooms and 2 full bathrooms, a completely renovated kitchen, complete with stainless steel appliances. A large bay window overlooking your deck. New flooring, sliding glass doors off the kitchen, lead to a deck. This unit has tons of storage, including large closets, a full basement, and a storage shed in the backyard. Unit 2 has unbelievable character. Open floor plan with sliding glass doors leading to a new deck, over looking your fenced in backyard. The main floor includes a large bedroom, laundry area and a bathroom. A large living space boosts vaulted ceilings, a wood burning fireplace and a spiral staircase, taking you to a bedroom and loft. Whether you are cash investor looking for income, or a homeowner looking to have their mortgage paid for them, this is an incredible opportunity!!! AS IS.
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2332
  • Living Area Sq Ft: 2332
  • Price Per Sq Ft: 96.48
  • Above Grade Finished Sq Ft: 2332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 121

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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: 4

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
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MERCHANTVILLE PUBLIC SCHOOLS
  • Elementary School: MERCHANTVILLE
  • Middle School: MERCHANTVILLE
  • School District Key: 300200396996
  • Elementary School: MERCHANTVILLE
  • Middle Or Junior School: MERCHANTVILLE

Lot Info

  • Improvement Assessed Value: 129300.00
  • Land Assessed Value: 54200.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50X138
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6900.00
  • Property Attached Yn: Yes
  • Zoning: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1899605
  • Tax Annual Amount: 7415.00
  • Assessor Parcel Number: 24-00034-00005
  • Tax Lot: 00005
  • Tax Year: 2016
  • Close Date: 07/28/2017

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 27, 2017
Sold by
Connally Samuel B and Warner Robert L
Bought by
Vrana Andrew
Seller's Agent
Carolyn Warner
Penzone Realty
Buyer's Agent
George Kelly
Keller Williams - Main Street
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$401,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,977
Avg. Annual Appreciation
8.82%
Original Mortgage
$206,196
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2006
Sold by
Crisafulli Mary C
Bought by
Connally Samuel B and Warner Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.36%

Purchase Details

Closed on
Aug 30, 2000
Sold by
Grace Michael
Bought by
Crisafulli Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.1%
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
Vrana Andrew $210,000 Your Hometown Title Llc
Connally Samuel B $172,000 --
Crisafulli Mary C $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vrana Andrew $198,087
Closed Vrana Andrew $206,196
Previous Owner Connally Samuel B $132,500
Previous Owner Connally Samuel B $137,600
Previous Owner Crisafulli Mary C $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $210,000 -6.7% $90 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $225,000 0.0% $96 / Sq Ft
01/01/2016 01/01/16 Rented $1,150 -8.0% --
12/16/2015 12/16/15 Under Contract -- -- --
10/27/2015 10/27/15 For Rent $1,250 -21.9% --
08/05/2015 08/05/15 Rented $1,600 0.0% --
07/28/2015 07/28/15 Under Contract -- -- --
06/12/2015 06/12/15 For Rent $1,600 +10.3% --
11/01/2013 11/01/13 Rented $1,450 -6.5% --
10/24/2013 10/24/13 Under Contract -- -- --
09/19/2013 09/19/13 For Rent $1,550 +29.2% --
09/13/2013 09/13/13 Rented $1,200 -7.7% --
09/12/2013 09/12/13 Under Contract -- -- --
08/27/2013 08/27/13 For Rent $1,300 -- --
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 $9,779 $183,500 $54,200 $129,300
2024 $9,309 $183,500 $54,200 $129,300
2023 $9,309 $183,500 $54,200 $129,300
2022 $8,914 $183,500 $54,200 $129,300
2021 $8,854 $183,500 $54,200 $129,300
2020 $8,681 $183,500 $54,200 $129,300
2019 $8,520 $183,500 $54,200 $129,300
2018 $8,114 $183,500 $54,200 $129,300
2017 $7,771 $183,500 $54,200 $129,300
2016 $7,415 $183,500 $54,200 $129,300
2015 $7,043 $183,500 $54,200 $129,300
2014 $6,786 $183,500 $54,200 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003186975

Bright MLS

APN: 24-00034-0000-00005