NOT LISTED FOR SALE

148 Sherron Ave Salem, NJ 08079

Estimated Value: $194,000 - $271,779

3 Beds
1 Bath
1,068 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $55,000 $51 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,607/month

9 Days on Market

About This Home

As of March 2022

This is a portfolio company pending acquisition. You can purchase the property to be completed to your specification at a sales price to be agreed to with a desired level of finish. This asset can also be purchased as is where is prior to the finish schedule as an assignment of contract. This is currently marketed and sold under equitable interest terms. This property is sold as-is where-is currently. There are no records or reports. Any inaccuracies are not the liabilities of the seller; the buyer is responsible for their own due diligence. The listing agent has an ownership interest in the investment firm

Last Agent to Sell the Property

David Ralic

Society License #340342 Listed on: 02/08/2022

Last Buyer's Agent

David Ralic

Society License #340342 Listed on: 02/08/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 120.00 x 175.00
  • Zoning described as Buyer responsible for their own due diligence. Please call the local municipality to confirm zoning

Home Design

  • Frame Construction

Interior Spaces

  • 1,068 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 12-00011-00009

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property of the seller/owner
  • Home Warranty: No
  • Inclusions: As-is where is. Property may be left with contents post closing. Buyer assumes responsibility to clean out.
  • New Construction: No
  • Story List: Main
  • Year Built: 1955
  • Automatically Close On Close Date: No
  • Remarks Public: This is a portfolio company pending acquisition. You can purchase the property to be completed to your specification at a sales price to be agreed to with a desired level of finish. This asset can also be purchased as is where is prior to the finish schedule as an assignment of contract. This is currently marketed and sold under equitable interest terms. This property is sold as-is where-is currently. There are no records or reports. Any inaccuracies are not the liabilities of the seller; the buyer is responsible for their own due diligence. The listing agent has an ownership interest in the investment firm
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1068
  • Living Area Sq Ft: 1068
  • Price Per Sq Ft: 51.50
  • Above Grade Finished Sq Ft: 1068
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 148

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 83500.00
  • Land Assessed Value: 24800.00
  • Lot Size Acres: 0.48
  • Lot Dimensions: 120.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21000.00
  • Year Assessed: 2021
  • Zoning Description: Buyer responsible for their own due diligence. Please call the local municipality to confirm zoning

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2213743
  • Tax Annual Amount: 3424.00
  • Assessor Parcel Number: 12-00011-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/03/2022

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Prime Property Solutions Llc
Bought by
Dreamland Home And Resort Llc
Current Estimated Value
$231,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,458
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$76,341

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 3, 2022
Sold by
John Haiduck Sr
Bought by
Prime Property Solutions Llc
Seller's Agent
David Ralic
Society
Buyer's Agent
David Ralic
Society
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.21%
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
Dreamland Home And Resort Llc $250,000 Homestead Title
Prime Property Solutions Llc $45,000 Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dreamland Home And Resort Llc $150,000
Previous Owner Prime Property Solutions Llc $122,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $55,000 0.0% $51 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/11/2022 02/11/22 Price Changed $55,000 -15.4% $51 / Sq Ft
02/08/2022 02/08/22 For Sale $65,000 -- $61 / 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 $3,819 $108,300 $24,800 $83,500
2023 $3,819 $108,300 $24,800 $83,500
2022 $3,565 $108,300 $24,800 $83,500
2021 $2,252 $108,300 $24,800 $83,500
2020 $3,095 $108,300 $24,800 $83,500
2019 $3,425 $128,800 $44,800 $84,000
2018 $3,387 $128,800 $44,800 $84,000
2017 $3,417 $128,800 $44,800 $84,000
2016 $3,331 $128,800 $44,800 $84,000
2015 $3,137 $128,800 $44,800 $84,000
2014 $3,049 $128,800 $44,800 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2002780

Bright MLS

APN: 12-00011-0000-00009