NOT LISTED FOR SALE

1715 Kings Hwy Unit 17 Swedesboro, NJ 08085

Estimated Value: $264,000 - $360,000

-- Bed
-- Bath
1,952 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $125,000 $64 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,264/month

Highlights

  • No HOA
  • Shed
  • Forced Air Heating System
  • Gen. Charles G. Harker School Rated A-
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of April 2016

Nice INVESTOR property. Side by side duplex located in the historic section of Swedesboro. Long term tenants occupy both units with yearly leases. Maintenance free vinyl siding, off street parking with deep lot. Excellent downtown location. Motivated seller offering property as-is. PLEASE NOTE - Pictures are from when property was vacant.

Last Agent to Sell the Property

Nancy Casey

BHHS Fox & Roach-Mullica Hill South License #572553 Listed on: 01/12/2016

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

David Marcantuno

Keller Williams Hometown License #1222774

Keller Williams Hometown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,808

Year Built

  • Built in 1890

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 40x245

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,952 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Laundry in unit

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Kingsway Regional Middle School
  • Kingsway Regional High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Operating Expense $6,808

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 17-00047-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,808

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: Range, Refrig, Washer, Dryer For Each Unit All In As-Is Condition.
  • New Construction: No
  • Storage: Basement, Attic, Shed
  • Year Built: 1890
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1952
  • Living Area Sq Ft: 1952
  • Price Per Sq Ft: 76.79
  • Above Grade Finished Sq Ft: 1952
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1715

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • 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: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: KINGSWAY REGIONAL HIGH
  • Middle School: KINGSWAY REGIONAL
  • High School: KINGSWAY REGIONAL
  • School District Key: 300200396135
  • High School: KINGSWAY REGIONAL
  • Middle Or Junior School: KINGSWAY REGIONAL

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 40X245
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9800.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 20400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 6808.00
  • Assessor Parcel Number: 17-00047-00026
  • Tax Lot: 00026
  • Tax Year: 2015
  • Close Date: 04/27/2016

MLS Schools

  • School District Name: KINGSWAY REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Apr 29, 2016
Sold by
Rakoczy Barbara L and Rakoczy Steven Rakoczy
Bought by
Grand Slam Properties Woo Dbury Llc
Seller's Agent
Nancy Casey
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
David Marcantuno
Keller Williams Hometown
List Price
$159,900
Sold Price
$125,000
Premium/Discount to List
-$34,900
-21.83%
Current Estimated Value
$308,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,394
Avg. Annual Appreciation
10.08%
Interest Rate
3.66%

Purchase Details

Closed on
Feb 2, 2001
Sold by
Yachimske Kathryn D
Bought by
Rakoczy Steven and Rakoczy Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.89%
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
Grand Slam Properties Woo Dbury Llc $125,000 --
Rakoczy Steven $80,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grand Slam Properties Woo Dbury Llc --
Open Grand Slam Properties Woodbury Llc $112,500
Previous Owner Rakoczy Steven $65,500
Previous Owner Rakoczy Steven $66,000
Previous Owner Rakoczy Steven $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $125,000 -21.8% $64 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $159,900 -- $82 / 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 $7,450 $175,200 $35,400 $139,800
2024 $7,385 $175,200 $35,400 $139,800
2023 $7,385 $175,200 $35,400 $139,800
2022 $7,369 $175,200 $35,400 $139,800
2021 $7,374 $175,200 $35,400 $139,800
2020 $7,113 $175,200 $35,400 $139,800
2019 $6,987 $175,200 $35,400 $139,800
2018 $7,055 $175,200 $35,400 $139,800
2017 $7,017 $175,200 $35,400 $139,800
2016 $7,010 $175,200 $35,400 $139,800
2015 $6,808 $175,200 $35,400 $139,800
2014 $6,841 $186,600 $44,600 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002496996

Bright MLS

APN: 17-00047-0000-00026