Seller's Agent in 2023
Michael Amantia
EXP Realty, LLC
(609) 672-7276
1 in this area
33 Total Sales
170 Walnut Ave West Berlin, NJ 08091
Estimated Value: $364,000 - $403,000
--
Bed
--
Bath
2,224
Sq Ft
$171/Sq Ft
Est. Value
About This Home
As of September 2023**Multiple offers - Highest and Best Due Tuesday 6/13/23 - 12pm** Triplex with GREAT cash flow opportunity. Unit A is currently rented below market value $1,166 with 2 beds and one bath w/ full access to basement for laundry and storage. Unit C is a studio being rented at $750 and Unit B is Vacant, great for first time investor with ability to subsidize their mortgage while renting the other two units out, or listing for area standard at $1,200 minimum! The current rents are in effect until February, 1st 2024. Leases are in hand. Keep in mind the future value of this property, for a GREAT price. Tenants are currently not paying any additional rent for access to the basement which is connected via separate access for units A+B. Unit A only has access at the moment for their personal laundry/Storage area. All units are on separate meters for electricity. Owner currently pays water, sewer, gas, taxes and electric for hot water. All other electric is divided out. Leases are in hand for review, just inquire with your agent! There is huge upside potential here. Building is being sold strictly as-is.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,368
Year Built
- Built in 1920
Lot Details
- 8,303 Sq Ft Lot
Home Design
- Triplex
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,224 Sq Ft Home
- Basement Fills Entire Space Under The House
Parking
- Public Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- 90% Forced Air Heating System
- Natural Gas Water Heater
Community Details
- 3 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 06-00212-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2023
Closed on
Sep 6, 2023
Sold by
Jose And Virginia Vega Trust
Bought by
Gross Shlome and Gross Miriam
Seller's Agent
Michael Amantia
EXP Realty, LLC
Buyer's Agent
Harry Malapetsas
EXP Realty, LLC
List Price
$299,999
Sold Price
$315,000
Premium/Discount to List
$15,001
5%
Total Days on Market
6
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,012
Avg. Annual Appreciation
11.15%
Original Mortgage
$236,250
Outstanding Balance
$232,341
Interest Rate
6.96%
Mortgage Type
Construction
Estimated Equity
$151,115
Purchase Details
Closed on
Aug 11, 2020
Sold by
Vega Jose and Vega Virginia
Bought by
Vega Vasquez Maritza and Jose And Virginia Vega Trust
Purchase Details
Listed on
Oct 14, 2017
Closed on
Jan 22, 2018
Sold by
Caporelli Anthony
Bought by
Vega Jose and Vega Virginia
Seller's Agent
Val Nunnenkamp
Keller Williams Realty - Marlton
Buyer's Agent
Michael Amantia
EXP Realty, LLC
List Price
$255,000
Sold Price
$237,000
Premium/Discount to List
-$18,000
-7.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Purchase Details
Closed on
Nov 10, 1997
Sold by
Estate Of Frank N Flora
Bought by
Caporelli Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.23%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gross Shlome | $315,000 | Kings Title Agency | |
| Vega Vasquez Maritza | -- | None Available | |
| Jose And Virginia Vega Trust | -- | None Listed On Document | |
| Vega Jose | $237,000 | Brennan Title Abstract Llc | |
| Caporelli Anthony | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gross Shlome | $236,250 | |
| Previous Owner | Caporelli Anthony | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $315,000 | +5.0% | $142 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 06/08/2023 06/08/23 | For Sale | $299,999 | +26.6% | $135 / Sq Ft |
| 01/22/2018 01/22/18 | Sold | $237,000 | -7.1% | $107 / Sq Ft |
| 01/02/2018 01/02/18 | Pending | -- | -- | -- |
| 10/14/2017 10/14/17 | For Sale | $255,000 | -- | $115 / 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 | $6,557 | $165,300 | $41,400 | $123,900 |
| 2023 | $6,557 | $165,300 | $41,400 | $123,900 |
| 2022 | $6,369 | $165,300 | $41,400 | $123,900 |
| 2021 | $6,240 | $165,300 | $41,400 | $123,900 |
| 2020 | $6,258 | $165,300 | $41,400 | $123,900 |
| 2019 | $6,164 | $165,300 | $41,400 | $123,900 |
| 2018 | $6,179 | $165,300 | $41,400 | $123,900 |
| 2017 | $6,103 | $165,300 | $41,400 | $123,900 |
| 2016 | $6,062 | $165,300 | $41,400 | $123,900 |
| 2015 | $5,660 | $97,800 | $19,800 | $78,000 |
| 2014 | $5,570 | $97,800 | $19,800 | $78,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Amantia
-
Harry Malapetsas
H
Buyer's Agent in 2023
Harry Malapetsas
EXP Realty, LLC
1 in this area
4 Total Sales
-
Val Nunnenkamp
Seller's Agent in 2018
Val Nunnenkamp
Keller Williams Realty - Marlton
(609) 313-1454
16 in this area
939 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2049060
APN: 06-00212-0000-00010
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