NOT LISTED FOR SALE

16 Colonial Ave Trenton, NJ 08618

Estimated Value: $159,583 - $341,000

-- Bed
-- Bath
1,648 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $20,000 $12 Per Sq Ft

Est. 1,068% increase in value since last sale

Current estimated payment $1,629/month

22 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Hot Water Baseboard Heater
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding

About This Home

As of October 2017

Two family semi detached home in West Trenton. Property needs some TLC. One unit can be lived at and the other one rented for extra income. Basement access from outside/rear yard; common front dooor. One boiler, 2 hot water heaters and basement oil tank. This home has lots of potentials. Property is located and close to downtown Trenton. Walking distance to shopping stores, food markets. Public parks and pools. And many community centers. The city of Trenton has reduced the City Taxes, new tax price will be updated on Public records soon.

Last Agent to Sell the Property

Stefhany Mendez

Garcia Realtors Listed on: 09/07/2017

Co-Listed By

Albin Garcia

Garcia Realtors

Last Buyer's Agent

Juanita Carwin

SBR Realty LLC License #0017312

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 1,812 Sq Ft Lot
  • Lot Dimensions are 18x98

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,648 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $7,531

Listing and Financial Details

  • Tax Lot 00049
  • Assessor Parcel Number 11-03101-00049

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Remarks Public: Two family semi detached home in West Trenton. Property needs some TLC. One unit can be lived at and the other one rented for extra income. Basement access from outside/rear yard; common front dooor. One boiler, 2 hot water heaters and basement oil tank. This home has lots of potentials. Property is located and close to downtown Trenton. Walking distance to shopping stores, food markets. Public parks and pools. And many community centers. The city of Trenton has reduced the City Taxes, new tax price will be updated on Public records soon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1648
  • Living Area Sq Ft: 1648
  • Price Per Sq Ft: 15.11
  • Above Grade Finished Sq Ft: 1648
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 18X98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1812.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7531.00
  • Assessor Parcel Number: 11-03101-00049
  • Tax Lot: 00049
  • Tax Year: 2016
  • Close Date: 10/19/2017

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Goson Wahib S
Bought by
Properties Corp
Total Days on Market
22
Current Estimated Value
$233,646

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 18, 2017
Sold by
Mtglq Investors Lp
Bought by
Ghoson Wahib
Seller's Agent
Stefhany Mendez
Garcia Realtors
Buyer's Agent
Juanita Carwin
SBR Realty LLC
List Price
$24,900
Sold Price
$20,000
Premium/Discount to List
-$4,900
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.01%

Purchase Details

Closed on
Aug 8, 2017
Sold by
Dillon Donald
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Feb 17, 2010
Sold by
Tomdon Properties Llc
Bought by
Dillon Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2008
Sold by
Dillon Donald
Bought by
Tomdon Prop Llc

Purchase Details

Closed on
Oct 24, 2005
Sold by
Clinton Properties 2001 Llc
Bought by
Dillon Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.79%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Bank Of New York
Bought by
Clinton Properties Llc
Source: Public Records

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Range of Values:

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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
Properties Corp $31,500 Foundation Title Llc
Ghoson Wahib $20,000 First American Title Ins Co
Mtglq Investors Lp -- None Available
Dillon Donald -- Triax Title Services Llc
Tomdon Prop Llc -- --
Dillon Donald $159,000 --
Clinton Properties Llc $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dillon Donald $155,000
Previous Owner Dillon Donald $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $20,000 -19.7% $12 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $24,900 -- $15 / 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
2024 $3,802 $68,300 $8,600 $59,700
2023 $3,802 $68,300 $8,600 $59,700
2022 $3,728 $68,300 $8,600 $59,700
2021 $3,793 $68,300 $8,600 $59,700
2020 $3,780 $68,300 $8,600 $59,700
2019 $3,720 $68,300 $8,600 $59,700
2018 $3,654 $70,100 $8,600 $61,500
2017 $3,473 $70,100 $8,600 $61,500
2016 $7,531 $130,900 $10,900 $120,000
2015 $7,505 $130,900 $10,900 $120,000
2014 $7,469 $130,900 $10,900 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000266335

Bright MLS

APN: 11-03101-0000-00049