NOT LISTED FOR SALE

1518 Greenwood Ave Trenton, NJ 08609

Estimated Value: $238,047

-- Bed
3 Baths
-- Sq Ft
4,125 Sq Ft Lot

Last Sold December 31, 2015

Last sale price $95,000

Est. 151% increase in value since last sale

Current estimated payment $1,710/month

426 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of December 2015

Dual Purpose Building. First floor boasts Large room with front window exposure on highly populated street. Two half baths and side entry. Perfect for an office or salon. Upstairs is a 3 bedroom apartment, currently leased for $850 monthly. Current tenants are long term, but on a month to month if you need immediate occupancy. The lower level received $1000 monthly. Ample off street parking in the back, full basement for storage. Centrally located near major businesses with multiple bus routes into Trenton's Central Business District. A large business sign is ready for new name and number.

Last Agent to Sell the Property

Winn Thompson

BHHS Fox & Roach Hopewell Valley License #900694 Listed on: 10/16/2014

BHHS Fox & Roach Hopewell Valley

Last Buyer's Agent

Leonard Featherston

BHHS Fox & Roach Hopewell Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 1940

Lot Details

  • 4,125 Sq Ft Lot
  • Lot Dimensions are 33x125
  • Property is in below average condition

Parking

  • 3 Open Parking Spaces

Home Design

  • Brick Exterior Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 03-01738-00005

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $1,200
  • Insurance Expense $500
  • Operating Expense $8,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,888

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1940
  • Remarks Public: Dual Purpose Building. First floor boasts Large room with front window exposure on highly populated street. Two half baths and side entry. Perfect for an office or salon. Upstairs is a 3 bedroom apartment, currently leased for $850 monthly. Current tenants are long term, but on a month to month if you need immediate occupancy. The lower level received $1000 monthly. Ample off street parking in the back, full basement for storage. Centrally located near major businesses with multiple bus routes into Trenton's Central Business District. A large business sign is ready for new name and number.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Street Number Modifier: 1518

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3

Utilities

  • Annual Heating Expense: 1800.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Expense: 1200.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172

Lot Info

  • Improvement Assessed Value: 83800.00
  • Land Assessed Value: 13200.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 33X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4125.00
  • Property Condition: Below Average
  • Zoning: DUAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 22200.00
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 1

Tax Info

  • Assessor Parcel Number: 2090719
  • Tax Annual Amount: 4888.00
  • Assessor Parcel Number: 03-01738-00005
  • Tax Lot: 00005
  • Tax Year: 2015
  • Close Date: 12/31/2015

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
A & X Creative Solutions Llc
Bought by
Deleon Oscar
Current Estimated Value
$238,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$19,489
Interest Rate
1.2%
Mortgage Type
Seller Take Back
Estimated Equity
$218,558

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 29, 2015
Sold by
Hamilton Avenue Management Llc
Bought by
A & X Creative Solutions Llc
Seller's Agent
Winn Thompson
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Leonard Featherston
BHHS Fox & Roach Hopewell Valley
List Price
$135,700
Sold Price
$95,000
Premium/Discount to List
-$40,700
-29.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Nov 14, 2008
Sold by
Park Sung Sik and Park Young Sook
Bought by
Hamilton Avenue Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Deleon Oscar $235,000 First American Title
A & X Creative Solutions Llc $93,000 None Available
Hamilton Avenue Management Llc $173,000 Surety Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Oscar $20,000
Previous Owner Hamilton Avenue Management Llc $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $95,000 0.0% --
12/30/2015 12/30/15 Sold $95,000 -26.6% --
12/16/2015 12/16/15 Pending -- -- --
02/17/2015 02/17/15 Price Changed $129,400 -4.1% --
01/07/2015 01/07/15 Price Changed $134,900 -0.6% --
10/16/2014 10/16/14 For Sale $135,700 -1.3% --
10/15/2014 10/15/14 Price Changed $137,500 -7.7% --
10/03/2014 10/03/14 Price Changed $149,000 -9.6% --
09/20/2014 09/20/14 Price Changed $164,900 -5.0% --
08/15/2014 08/15/14 For Sale $173,500 -- --
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
2025 $4,958 $140,700 $23,900 $116,800
2024 $4,647 $140,700 $23,900 $116,800
2023 $4,647 $140,700 $23,900 $116,800
2022 $4,574 $140,700 $23,900 $116,800
2021 $5,407 $140,700 $23,900 $116,800
2020 $4,901 $140,700 $23,900 $116,800
2019 $4,777 $140,700 $23,900 $116,800
2018 $4,654 $140,700 $23,900 $116,800
2017 $4,533 $140,700 $23,900 $116,800
2016 $3,805 $140,700 $23,900 $116,800
2015 $4,888 $97,000 $13,200 $83,800
2014 $4,793 $97,000 $13,200 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003121488

Bright MLS

APN: 03-01738-0000-00005