NOT LISTED FOR SALE

1577 S East Ave Vineland, NJ 08360

Estimated Value: $295,248 - $314,000

-- Bed
-- Bath
2,000 Sq Ft
$153/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $180,000 $90 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,082/month

2 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of January 2022

DUPLEX! VALUE ADD POTENTIAL!! CITY SEWER! CITY WATER! 1577 South East Avenue is located in a residential area of Vineland, NJ and built as a true duplex. Rancher style, side by side layout, with full basement, individual driveways, and individual front entrances. The two sides are identical 2 bed / 1 bathroom floor plans. Electric and oil (heat) is the responsibility of the tenants. Water, sewer, trash is the responsibility of the owner. Natural gas hookup is available in the area provided by South Jersey Gas. One oil furnace (Unit # 1 ) and one oil tank (Unit # 2) were both replaced approximately 8 years ago. Unit # 1 is currently on a month to month lease and rented for $850.00. Unit # 2 is also on a month to month lease for $1,050.00 per month. Home being sold strictly "AS IS". Buyer is responsible for all inspections and obtaining certificate of occupancy municipality.

Last Agent to Sell the Property

Justin Selby

(856) 364-1548 justinselby@collinirealestate.com Collini Real Estate LLC License #1867481 Listed on: 01/07/2022

Collini Real Estate LLC

Last Buyer's Agent

Andrey Letushko

(609) 364-1643 letcoldwell@yahoo.com Coldwell Banker Excel Realty License #1540044

Coldwell Banker Excel Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80.00 x 165.00
  • Property is in average condition

Home Design

  • 2,000 Sq Ft Home
  • Duplex
  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 14-05807-00028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,727

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Tenants Personal Property
  • Home Warranty: No
  • Inclusions: Stove , Refrigerator
  • New Construction: No
  • Expected On Market: 2022-01-15
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Luxury Vinyl Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2000
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 99.95
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: 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
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126800.00
  • Land Assessed Value: 30100.00
  • Lot Size Acres: 0.30
  • Lot Dimensions: 80.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13200.00
  • Property Condition: Average
  • Zoning: R

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 3159393
  • Tax Annual Amount: 4727.00
  • Assessor Parcel Number: 14-05807-00028
  • Tax Lot: 00028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 31, 2022
Sold by
Lovisone Melanie P
Bought by
Malujo Llc
Seller's Agent
Justin Selby
Collini Real Estate LLC
Buyer's Agent
Andrey Letushko
Coldwell Banker Excel Realty
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%
Current Estimated Value
$316,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,764
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Beck Melanie P and Lovisone Melanie
Bought by
Beck Melanie P

Purchase Details

Closed on
May 31, 2006
Sold by
Leeser Realty
Bought by
Lovisone Melanie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malujo Llc $180,000 Landis Title
Malujo Llc $180,000 Landis Title
Beck Melanie P -- --
Lovisone Melanie $188,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $180,000 -10.0% $90 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $199,900 -- $100 / 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
2025 $4,996 $156,900 $30,100 $126,800
2024 $4,996 $156,900 $30,100 $126,800
2023 $4,963 $156,900 $30,100 $126,800
2022 $4,815 $156,900 $30,100 $126,800
2021 $4,727 $156,900 $30,100 $126,800
2020 $4,592 $156,900 $30,100 $126,800
2019 $4,530 $156,900 $30,100 $126,800
2018 $4,410 $156,900 $30,100 $126,800
2017 $4,189 $156,900 $30,100 $126,800
2016 $4,042 $156,900 $30,100 $126,800
2015 $3,893 $156,900 $30,100 $126,800
2014 $3,681 $156,900 $30,100 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2003638

Bright MLS

APN: 14-05807-0000-00028