NOT LISTED FOR SALE

159 S Black Horse Pike Blackwood, NJ 08012

Estimated Value: $392,000 - $489,186

-- Bed
-- Bath
3,008 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 07, 2014

Last sale price $225,000 $75 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,210/month

Highlights

  • 1.34 Acre Lot
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Oversized Parking
  • Ceiling Fan

About This Home

As of February 2014

Seller just obtained approval (11/14/13) for duplex zoning!!! Property plans are 2 Units ~~~ each w/2 BRs, den/office, separate entrances (already existing entrances) & laundry areas complete w/washer & dryer each unit. PLUS 1st floor unit also has large enclosed porch w/lots of windows (was warm & pleasant w/32 degrees outside temp)! Can now purchase this unique property at the current list price if buyer completes own renovations (MLS #6173877) OR if seller completes work price will increase accordingly! Don't wait ~~~ visit this property today & purchase & enjoy it as is OR take advantage of having seller complete work to be able to own a multi-family property to provide extra income! GREAT OPPORTUNITY TO OWN A PROPERTY THAT OFFERS SO MUCH & SITS ON OVER AN ACRE OF GROUND!

Last Agent to Sell the Property

Pat Santoro

patsantoro@comcast.net RE/MAX Preferred - Sewell Listed on: 11/20/2013

Last Buyer's Agent

Ed Barski

(856) 287-7614 ed@soldprosre.com Sold Pros Real Estate LLC License #RM423957

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,893

Year Built

  • Built in 1910

Lot Details

  • 1.34 Acre Lot
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 3,008 Sq Ft Home
  • Ceiling Fan
  • Wall to Wall Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $8,893

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 15-11901-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,893

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3008
  • Living Area Sq Ft: 3008
  • Price Per Sq Ft: 82.95
  • Above Grade Finished Sq Ft: 3008
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Completed: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 176300.00
  • Land Assessed Value: 93000.00
  • Lot Size Acres: 1.34
  • Lot Dimensions: 100X200 IRR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 58370.00
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1865487
  • Tax Annual Amount: 8893.00
  • Assessor Parcel Number: 15-11901-00020
  • Tax Lot: 00020
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Feb 7, 2014
Sold by
Milazzo James
Bought by
Kemery Keith and Kemery Dana
Seller's Agent
Pat Santoro
RE/MAX Preferred - Sewell
Buyer's Agent
Ed Barski
Sold Pros Real Estate LLC
List Price
$249,500
Sold Price
$225,000
Premium/Discount to List
-$24,500
-9.82%
Current Estimated Value
$442,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,797
Avg. Annual Appreciation
5.92%
Original Mortgage
$220,924
Outstanding Balance
$165,543
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$277,254

Purchase Details

Closed on
Jul 13, 2009
Sold by
Milazzo Joseph
Bought by
Milazzo James and Milazzo Dorothy

Purchase Details

Closed on
Apr 21, 1999
Sold by
Kelsey Bryant F
Bought by
Milazzo Joseph and Milazzo Dorothy
Source: Public Records

Range of Values:

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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
Kemery Keith $225,000 Old Republic Natl Title Ins
Milazzo James -- --
Milazzo Joseph $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kemery Keith $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2014 02/07/14 Sold $225,000 0.0% $75 / Sq Ft
02/07/2014 02/07/14 Sold $225,000 -9.8% $75 / Sq Ft View Prior Sale
01/06/2014 01/06/14 Pending -- -- --
11/20/2013 11/20/13 For Sale $249,500 0.0% $83 / Sq Ft
08/06/2013 08/06/13 Price Changed $249,500 +9.0% $83 / Sq Ft
04/16/2013 04/16/13 Price Changed $229,000 -14.9% $76 / Sq Ft
02/18/2013 02/18/13 For Sale $269,000 -- $89 / 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 $10,572 $238,700 $93,000 $145,700
2024 $10,257 $238,700 $93,000 $145,700
2023 $10,257 $238,700 $93,000 $145,700
2022 $10,147 $238,700 $93,000 $145,700
2021 $9,911 $238,700 $93,000 $145,700
2020 $9,904 $238,700 $93,000 $145,700
2019 $9,675 $238,700 $93,000 $145,700
2018 $10,855 $269,300 $93,000 $176,300
2017 $10,449 $269,300 $93,000 $176,300
2016 $10,201 $269,300 $93,000 $176,300
2015 $9,455 $269,300 $93,000 $176,300
2014 $9,382 $269,300 $93,000 $176,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003655308

Bright MLS

APN: 15-11901-0000-00020