Seller's Agent in 2017
Betsy Hunt
BHHS FOX & ROACH
(609) 575-7170
10 Total Sales
1502 Springfield Ave New Providence, NJ 07974
--
Bed
--
Bath
1,616
Sq Ft
0.82
Acres
Highlights
- Wood Flooring
- No HOA
- Oversized Parking
- New Providence High School Rated A
- 1 Car Detached Garage
- En-Suite Primary Bedroom
About This Home
As of December 2017Situated on almost and acre of land, this two family home, with solid bones, reveals a fantastic opportunity for investors or builders alike. First floor has 3BR and 2BA with full finished basement. Second floor boasts 3BR and 1BA with pretty views from lovely 2nd story deck. Plenty of closets in each unit with shared laundry in basement. Both leases are on month-month basis, but have excellent, long standing tenants at present. Needs some TLC. Nicely Landscaped, deep front yard and massive backyard which extends all the way to neighborhood off of Salt Brook Road. Long driveway with lots of parking and detached garage. Two homes for the price of one, live in one and rent the other to help pay mortgage OR renovate/rebuild existing buildings and create your dream home in highly desirable location. Convenient to town, NYC trains and Route 78.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,832
Year Built
- Built in 1925
Lot Details
- 0.82 Acre Lot
- Property is in below average condition
Parking
- 1 Car Detached Garage
- 5 Open Parking Spaces
- Oversized Parking
- Parking Storage or Cabinetry
- Shared Driveway
Home Design
- Converted Dwelling
- Pitched Roof
- Shingle Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- En-Suite Primary Bedroom
- 1,616 Sq Ft Home
- Replacement Windows
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Wall to Wall Carpet
- Tile or Brick
- Vinyl
Schools
- New Providence Middle School
- New Providence High School
Utilities
- Central Air
- Heating System Uses Gas
- 100 Amp Service
- Electric Water Heater
- Satellite Dish
Listing and Financial Details
- Tax Lot 00003
- Assessor Parcel Number 11-00171-00003
Community Details
Building Details
- Other Expense $4,300
- Operating Expense $16,132
Additional Features
- No Home Owners Association
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 9, 2018
Sold by
Ning Yan and Sun Xiaodong
Bought by
1502 Spri9ngfield Ave Llc
Current Estimated Value
Purchase Details
Listed on
Sep 8, 2017
Closed on
Dec 20, 2017
Sold by
Long Josephine and Carbone Josephine
Bought by
Ning Yan and Sun Xiaodong
Seller's Agent
Betsy Hunt
BHHS FOX & ROACH
Buyer's Agent
Betsy Hunt
BHHS FOX & ROACH
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$356,250
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 1999
Sold by
Douglas Alan B
Bought by
Long Josephine
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $475,000 | Suardian Title Services Llc | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $356,250 | New Conventional | |
| Previous Owner | $500,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2017 12/27/17 | Sold | $475,000 | 0.0% | -- |
| 12/27/2017 12/27/17 | Sold | $475,000 | -9.5% | $294 / Sq Ft |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 10/01/2017 10/01/17 | For Sale | $525,000 | 0.0% | $325 / Sq Ft |
| 09/13/2017 09/13/17 | Pending | -- | -- | -- |
| 09/08/2017 09/08/17 | Price Changed | $525,000 | 0.0% | $325 / Sq Ft |
| 09/08/2017 09/08/17 | For Sale | $525,000 | -4.4% | -- |
| 08/10/2017 08/10/17 | For Sale | $549,000 | -- | $340 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $14,015 | $279,900 | $112,800 | $167,100 |
| 2023 | $14,015 | $279,900 | $112,800 | $167,100 |
| 2022 | $13,821 | $279,900 | $112,800 | $167,100 |
| 2021 | $13,721 | $279,900 | $112,800 | $167,100 |
| 2020 | $13,715 | $279,900 | $112,800 | $167,100 |
| 2019 | $13,631 | $279,900 | $112,800 | $167,100 |
| 2018 | $12,200 | $251,800 | $112,800 | $139,000 |
| 2017 | $12,001 | $251,800 | $112,800 | $139,000 |
| 2016 | $11,832 | $251,800 | $112,800 | $139,000 |
| 2015 | $11,668 | $251,800 | $112,800 | $139,000 |
| 2014 | $11,492 | $251,800 | $112,800 | $139,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Bright MLS
MLS Number: 1001249699
APN: 11-00171-0000-00003
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