NOT LISTED FOR SALE

18 Oak St Salem, NJ 08079

Estimated Value: $171,616 - $250,000

6 Beds
2.5 Baths
2,324 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $16,000 $7 Per Sq Ft

Est. 1,193% increase in value since last sale

Current estimated payment $1,482/month

264 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Living Room
  • Colonial Architecture
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of July 2018

Investor alert! Home is in need of total rehab, but offers a lot of living space, Six total bedrooms; four bedrooms on the second floor and a full third floor with two additional bedrooms. Some rehab started. Additional bathrooms have been roughed out in this property, not completed. Any/all inspections, certs, repairs will be at the buyers expense. Priced for quick sale! Cash or 203k purchase only.

Last Agent to Sell the Property

Richard Eber

(856) 241-4343 sold@rickeber.com Keller Williams Hometown License #449857 Listed on: 10/01/2017

Keller Williams Hometown

Last Buyer's Agent

Richard Eber

(856) 241-4343 sold@rickeber.com Keller Williams Hometown License #449857 Listed on: 10/01/2017

Keller Williams Hometown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1825

Lot Details

  • 17,457 Sq Ft Lot
  • Lot Dimensions are 69x253

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Shingle Siding

Interior Spaces

  • 2,324 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Salem High School

Utilities

  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 13-00060-00011

Home Details

Home Type

Single Family

Year Built

Built in 1825

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1825
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2324
  • Living Area Sq Ft: 2324
  • Net Sq Ft: 2324.00
  • Price Per Sq Ft: 9.90
  • Above Grade Finished Sq Ft: 2324
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3.00

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 98300.00
  • Land Assessed Value: 44500.00
  • Lot Size Acres: 0.40
  • Lot Dimensions: 69X253
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17457.00
  • Property Attached Yn: No
  • Property Condition: Major Rehab Needed
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9753.00
  • Assessor Parcel Number: 13-00060-00011
  • Tax Lot: 00011
  • Tax Year: 2017

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2017
Closed on
Jun 29, 2018
Sold by
West Abdul
Bought by
Dotson Michelle A and Alston Charon A
Seller's Agent
Richard Eber
Keller Williams Hometown
Buyer's Agent
Richard Eber
Keller Williams Hometown
List Price
$24,598
Sold Price
$16,000
Premium/Discount to List
-$8,598
-34.95%
Current Estimated Value
$206,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,904
Avg. Annual Appreciation
39.25%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 9, 2016
Sold by
Fannie Mae
Bought by
West Abdul and West Sharon
Seller's Agent
Richard Eber
Keller Williams Hometown
Buyer's Agent
Richard Eber
Keller Williams Hometown
List Price
$14,900
Sold Price
$11,000
Premium/Discount to List
-$3,900
-26.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Sheriff Of Salem County
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 29, 2009
Sold by
Russo George J
Bought by
Buhl Margery

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sparks Wendy J
Bought by
Bay Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2003
Sold by
St Marys Catholic Church Salem
Bought by
Sparks Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Dotson Michelle A $16,000 --
West Abdul $11,000 Landis Title
Federal Home Loan Mortgage Corp -- None Available
Buhl Margery -- --
Bay Gayle $83,000 Salem Oak Title Agency Inc
Sparks Wendy J $65,000 Salem Oak Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bay Gayle $80,500
Previous Owner Sparks Wendy J $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2018 07/03/18 Sold $16,000 -30.4% $7 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $22,999 -6.5% $10 / Sq Ft
03/30/2018 03/30/18 For Sale $24,598 +53.7% $11 / Sq Ft
03/30/2018 03/30/18 Off Market $16,000 -- --
02/10/2018 02/10/18 Price Changed $24,598 -0.2% $11 / Sq Ft
01/09/2018 01/09/18 Price Changed $24,654 -1.2% $11 / Sq Ft
11/28/2017 11/28/17 Price Changed $24,965 -0.1% $11 / Sq Ft
10/01/2017 10/01/17 For Sale $24,999 +127.3% $11 / Sq Ft
09/21/2016 09/21/16 Sold $11,000 -26.2% $5 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $14,900 -- $6 / Sq Ft
Source: Bright MLS

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 $4,604 $56,000 $13,000 $43,000
2024 $4,402 $56,000 $13,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001260119

Bright MLS

APN: 13-00060-0000-00011

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