Seller's Agent in 2022
Michael Giuda
EXP Realty, LLC
(215) 783-3697
1 in this area
151 Total Sales
15 W Gorman Ave Collingswood, NJ 08108
Estimated Value: $628,000 - $765,000
--
Bed
--
Bath
2,128
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- James A. Garfield Elementary School Rated A-
- Forced Air Heating System
About This Home
As of May 20225TH PROPERTY BUILT IN COLLINGSWOOD! This interesting and lucrative multi-unit property has three Units consisting of two Buildings, and is located just a short walk to Collingswood’s “Restaurant Row.” The Front Building is a 2-family dwelling with two 2 BR/1 BA Units (A & C). The Rear Carriage House has one 2 BR/2 BA Unit (C ) and is the entire Rear Building. Utilities are all separate (water, gas, electric). All Units are currently occupied and all have very nice, modern interiors each having their own entrance and Laundry. All Units have access to the common lot area as well as the Basement in the Front Building. The Basement can be accessed from Unit A as well as Bilco doors at the rear of the Front Building. There are at least 5 parking spots on the lot, and up to 8, 10 or more if you tandem park and fill up the lot and driveway. Tenants all pay on time and are current with rent. Perfectly located and just a short walk to what is being hailed as “South Jersey’s hottest new dining destination.” Schedule your appointment. This is definitely worth checking out!
Last Agent to Sell the Property
(215) 783-3697 mgiudarealtor@gmail.com EXP Realty, LLC License #1326908 Listed on: 12/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,361
Year Built
- Built in 1900
Lot Details
- 7,095 Sq Ft Lot
- Lot Dimensions are 55.00 x 129.00
Home Design
- 2,128 Sq Ft Home
- Traditional Architecture
- Frame Construction
Parking
- 5 Parking Spaces
- 5 Driveway Spaces
Schools
- Collingswood Middle School
- Collingswood High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 12-00110-00010
Community Details
Overview
- 3 Units
Building Details
- Income includes apartment rentals
- Gross Income $49,200
- Net Operating Income $36,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2021
Closed on
May 2, 2022
Sold by
Cleveland Properties Lp
Bought by
Middleton Brittany and Middleton Tyler J
Seller's Agent
Michael Giuda
EXP Realty, LLC
Buyer's Agent
Chris Poleto
RE/MAX Preferred - Cherry Hill
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,686
Avg. Annual Appreciation
3.34%
Original Mortgage
$487,200
Outstanding Balance
$459,609
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$227,077
Purchase Details
Closed on
Feb 14, 1997
Sold by
Collective Bank
Bought by
Cleveland Properties Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.77%
Purchase Details
Closed on
Dec 21, 1984
Bought by
Cleveland Properties L P
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Middleton Brittany | $610,000 | Federation Title | |
| Middleton Brittany | $610,000 | Federation Title | |
| Cleveland Properties Lp | $95,000 | -- | |
| Cleveland Properties L P | $93,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Middleton Brittany | $487,200 | |
| Closed | Middleton Brittany | $487,200 | |
| Previous Owner | Cleveland Properties Lp | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $610,000 | -6.0% | $287 / Sq Ft |
| 12/11/2021 12/11/21 | For Sale | $649,000 | 0.0% | $305 / Sq Ft |
| 07/01/2014 07/01/14 | Rented | $1,090 | +10.1% | -- |
| 06/06/2014 06/06/14 | Under Contract | -- | -- | -- |
| 05/22/2014 05/22/14 | For Rent | $990 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,891 | $575,300 | $177,800 | $397,500 |
| 2024 | $9,746 | $255,000 | $73,800 | $181,200 |
| 2023 | $9,746 | $255,000 | $73,800 | $181,200 |
| 2022 | $9,504 | $255,000 | $73,800 | $181,200 |
| 2021 | $9,361 | $255,000 | $73,800 | $181,200 |
| 2020 | $9,144 | $255,000 | $73,800 | $181,200 |
| 2019 | $8,945 | $255,000 | $73,800 | $181,200 |
| 2018 | $8,859 | $255,000 | $73,800 | $181,200 |
| 2017 | $8,741 | $255,000 | $73,800 | $181,200 |
| 2016 | $8,514 | $255,000 | $73,800 | $181,200 |
| 2015 | $8,262 | $255,000 | $73,800 | $181,200 |
| 2014 | $8,033 | $255,000 | $73,800 | $181,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Giuda
-
Roe Carangi
Seller Co-Listing Agent in 2022
Roe Carangi
EXP Realty, LLC
(215) 605-0166
1 in this area
149 Total Sales
-
Chris Poleto
Buyer's Agent in 2022
Chris Poleto
RE/MAX
(646) 642-2598
1 in this area
116 Total Sales
-
J
Seller's Agent in 2014
James Lafferty
Keller Williams - Main Street
-
J
Buyer's Agent in 2014
Joe Scott
BHHS Fox & Roach
Map
Source: Bright MLS
MLS Number: NJCD2012530
APN: 12-00110-0000-00010
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