NOT LISTED FOR SALE

Estimated Value: $808,999 - $846,000

-- Bed
-- Bath
3,233 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $505,000 $156 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,556/month

172 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Air
  • George C. Baker Elementary School Rated A
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of February 2019

Fantastic investment opportunity. Current owner purchased several years ago and completely restored/renovated the apartments. Each unit has it's own split system air conditioning, updated kitchens, updated bathrooms, all refinished hardwood flooring, and fresh paint. Maintenance costs are very low because everything has been updated and redone. Situated right in the heart of Moorestown, these apartments have been easy to rent out over the years due to their condition and location. Schedule a showing today to see for yourself!

Last Agent to Sell the Property

Paul Canton

Long & Foster Real Estate, Inc. License #457943 Listed on: 08/03/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Robert Milaway

EXP Realty, LLC License #791082

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,062

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Property is in good condition

Home Design

  • Triplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,233 Sq Ft Home
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Parking

  • Driveway
  • On-Street Parking

Schools

  • Wm Allen Iii Middle School
  • Moorestown High School

Utilities

  • Central Air
  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 22-04309-00001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $2,000
  • Operating Expense $16,862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,062

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1890
  • Remarks Public: Fantastic investment opportunity. Current owner purchased several years ago and completely restored/renovated the apartments. Each unit has it's own split system air conditioning, updated kitchens, updated bathrooms, all refinished hardwood flooring, and fresh paint. Maintenance costs are very low because everything has been updated and redone. Situated right in the heart of Moorestown, these apartments have been easy to rent out over the years due to their condition and location. Schedule a showing today to see for yourself!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit, Common
  • Total Sq Ft: 3233
  • Living Area Sq Ft: 3233
  • Price Per Sq Ft: 166.72
  • Above Grade Finished Sq Ft: 3233
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 132

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Annual Heating Expense: 2000.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 800.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • Middle School: WM ALLEN III
  • High School: MOORESTOWN
  • School District Key: 300200396965
  • High School: MOORESTOWN
  • Middle Or Junior School: WM ALLEN III

Lot Info

  • Improvement Assessed Value: 244600.00
  • Land Assessed Value: 185000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Property Condition: Good
  • Zoning: MULTI

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 56520.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1686088
  • Tax Annual Amount: 11062.00
  • Assessor Parcel Number: 22-04309-00001
  • Tax Lot: 00001
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 02/28/2019

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Feb 28, 2019
Sold by
Moorestown Central Holdings Llc
Bought by
Skennonto Shane
Seller's Agent
Paul Canton
Long & Foster Real Estate, Inc.
Buyer's Agent
Robert Milaway
EXP Realty, LLC
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%
Total Days on Market
172
Current Estimated Value
$831,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,750
Avg. Annual Appreciation
7.98%
Original Mortgage
$354,309
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Mar 30, 2012
Sold by
Cohen Joan Obrien
Bought by
Moorestown Central Holdings Llc
Seller's Agent
Susan Dannheim
Weichert Realtors - Moorestown
Buyer's Agent
Susan Dannheim
Weichert Realtors - Moorestown
List Price
$469,000
Sold Price
$395,000
Premium/Discount to List
-$74,000
-15.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Source: Public Records

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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
Skennonto Shane $505,000 Surety Title Company Llc
Moorestown Central Holdings Llc $395,000 Coretitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skennonto Shane $50,000
Open Skennonto Shane $365,000
Closed Skennonto Shane $354,309
Previous Owner Cohen Joan O $50,000
Previous Owner Cohen Joan Obrien $25,000
Previous Owner Cohen Joan Obrien $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $505,000 -6.3% $156 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
11/16/2018 11/16/18 Price Changed $539,000 -1.8% $167 / Sq Ft
08/03/2018 08/03/18 For Sale $549,000 0.0% $170 / Sq Ft
07/01/2013 07/01/13 Rented $2,100 -10.6% --
06/10/2013 06/10/13 Under Contract -- -- --
02/18/2013 02/18/13 For Rent $2,350 0.0% --
03/30/2012 03/30/12 Sold $395,000 -15.8% $112 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $469,000 -- $133 / 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 $11,818 $429,600 $185,000 $244,600
2023 $11,818 $429,600 $185,000 $244,600
2022 $11,698 $429,600 $185,000 $244,600
2021 $11,543 $429,600 $185,000 $244,600
2020 $11,470 $429,600 $185,000 $244,600
2019 $11,268 $429,600 $185,000 $244,600
2018 $10,963 $429,600 $185,000 $244,600
2017 $11,058 $429,600 $185,000 $244,600
2016 $11,019 $429,600 $185,000 $244,600
2015 $10,886 $429,600 $185,000 $244,600
2014 $10,336 $429,600 $185,000 $244,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005934997

Bright MLS

APN: 22-04309-0000-00001