NOT LISTED FOR SALE

Estimated Value: $323,591 - $423,000

-- Bed
-- Bath
2,204 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $266,000 $121 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,645/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Walk-In Closet
  • Lenape High School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of June 2021

This top and bottom duplex is in good condition. The tenants pay their own heat, central air, hot water and electric. The landlord pays the water and sewer ($2,072) and the insurance ($1,404) and the reasonable real estate taxes of ($5,276). The first floor apartment has 2 bedrooms, and 2 baths. There is a kitchen, dining area, living room, and utility closet for the washer and dryer. The 2nd floor apartment is a 3 bedroom and 2 bath with a kitchen, dining area, living room, and a utility closet for the washer and dryer. There is a 2 car garage and some off street parking too. The property backs up to a very large Township owned land that has playground equipment, tennis courts and a softball field.

Last Listed By

Ed Mcnally

EXP Realty, LLC License #8436068 Listed on: 05/11/2021

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 48.00 x 176.00
  • Backs To Open Common Area
  • Front Yard
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Walk-In Closet
  • 2,204 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows
  • Dining Area
  • Carpet
  • Attic Fan

Kitchen

  • Built-In Range
  • Dishwasher

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, sewer, water
  • Tax Lot 00023
  • Assessor Parcel Number 24-00303 03-00023

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Larchmont Subdivision

Building Details

  • 1 Vacant Unit
  • Insurance Expense $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,276

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings
  • Inclusions: 2 Refrigerators, 2 dryers and 2 washers- all in as-is condition.
  • New Construction: No
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: This top and bottom duplex is in good condition. The tenants pay their own heat, central air, hot water and electric. The landlord pays the water and sewer ($2,072) and the insurance ($1,404) and the reasonable real estate taxes of ($5,276). The first floor apartment has 2 bedrooms, and 2 baths. There is a kitchen, dining area, living room, and utility closet for the washer and dryer. The 2nd floor apartment is a 3 bedroom and 2 bath with a kitchen, dining area, living room, and a utility closet for the washer and dryer. There is a 2 car garage and some off street parking too. The property backs up to a very large Township owned land that has playground equipment, tennis courts and a softball field.
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Dryer - Electric, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Walk-In Closet(s)
  • Window Features: Sliding
  • Basement: No
  • Total Sq Ft: 2204
  • Living Area Sq Ft: 2204
  • Price Per Sq Ft: 117.97
  • Above Grade Finished Sq Ft: 2204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Attic Fan
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396964
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 140300.00
  • Land Assessed Value: 40800.00
  • Lot Features: Backs - Open Common Area, Front Yard
  • Lot Dimensions: 48.00 x 176.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Owner Pays: Insurance, Sewer, Water
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1696641
  • Tax Annual Amount: 5276.00
  • Assessor Parcel Number: 24-00303 03-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 2204
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/15/2021

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 8, 2021
Sold by
Shah Surendra and Shah Shailen
Bought by
Gavilan Iv Iv Llc
Seller's Agent
Ed Mcnally
EXP Realty, LLC
Buyer's Agent
Eric Farhat
RE/MAX Preferred - Cherry Hill
List Price
$260,000
Sold Price
$266,000
Premium/Discount to List
$6,000
2.31%
Total Days on Market
3
Current Estimated Value
$392,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,398
Avg. Annual Appreciation
10.40%
Original Mortgage
$208,000
Outstanding Balance
$190,840
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$201,558

Purchase Details

Closed on
Sep 29, 2009
Sold by
Birch Ruth
Bought by
Shah Surendra and Shah Shailen

Purchase Details

Closed on
Sep 25, 1997
Sold by
Hymovitz Leon and Hymovitz Shirley
Bought by
Birch Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,599
Interest Rate
7.47%
Mortgage Type
FHA

Range of Values:

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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
Gavilan Iv Iv Llc $266,000 None Available
Shah Surendra $210,000 Regional Title Agency
Birch Ruth $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavilan Iv Iv Llc $208,000
Previous Owner Gavilan Iv Iv Llc $208,000
Previous Owner Birch Ruth R $142,400
Previous Owner Birch Ruth $131,750
Previous Owner Birch Ruth $112,400
Previous Owner Birch Ruth $113,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $266,000 +2.3% $121 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $260,000 -- $118 / 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 $5,502 $181,100 $40,800 $140,300
2023 $5,502 $181,100 $40,800 $140,300
2022 $5,484 $181,100 $40,800 $140,300
2021 $5,380 $181,100 $40,800 $140,300
2020 $5,275 $181,100 $40,800 $140,300
2019 $5,221 $181,100 $40,800 $140,300
2018 $5,181 $181,100 $40,800 $140,300
2017 $5,047 $181,100 $40,800 $140,300
2016 $4,971 $181,100 $40,800 $140,300
2015 $4,913 $181,100 $40,800 $140,300
2014 $4,864 $181,100 $40,800 $140,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL397526

Bright MLS

APN: 24-00303-03-00023