$37,000
SOLD SEP 6, 2019 RENTED SEP 1, 2024
2 Beds
1 Bath
1,377 Sq Ft
1,650 Sq Ft Lot

Recently Sold

$27 Per Sq Ft

3% Below List Price

40 Days on Market

About This Home

As of April 2023

Cash Flow is King! Purchase this property and sit on your throne. It s a 2 bed 1 bath rowhome in Camden that just needs updating and minor repairs. It currently has tenants that would love to stay after the purchase if possible! *Purchase Price: $38,000 *Closing costs (approx.): $2,000 *Rehab: $5000 *All in $45,000 *Income ($1,050 a month, $12,600 annual gross) *Expenses (Taxes $1,263, Maintenance $756, Management $756, Vacancy $756) *Total Expenses: $3,531 *Net Income: $9,069That makes this deal over 20% on cash return!

Last Agent to Sell the Property

Heather Morris

Prime Realty Partners License #234141 Listed on: 07/24/2019

Prime Realty Partners

Last Buyer's Agent

Nancy Pearl

Compass New Jersey, LLC - Moorestown License #1004811

Compass New Jersey, LLC - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1900

Lot Details

  • 1,650 Sq Ft Lot
  • Lot Dimensions are 15.00 x 110.00

Parking

  • Driveway

Interior Spaces

  • 1,377 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 08-00500-00003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,270

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Remarks Public: Cash Flow is King! Purchase this property and sit on your throne. It s a 2 bed 1 bath rowhome in Camden that just needs updating and minor repairs. It currently has tenants that would love to stay after the purchase if possible! *Purchase Price: $38,000 *Closing costs (approx.): $2,000 *Rehab: $5000 *All in $45,000 *Income ($1,050 a month, $12,600 annual gross) *Expenses (Taxes $1,263, Maintenance $756, Management $756, Vacancy $756) *Total Expenses: $3,531 *Net Income: $9,069That makes this deal over 20% on cash return!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1377
  • Living Area Sq Ft: 1377
  • Price Per Sq Ft: 30.43
  • Above Grade Finished Sq Ft: 1377
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2004

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CAMDEN COUNTY PUBLIC SCHOOLS
  • School District Key: 300204230014
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 35400.00
  • Land Assessed Value: 6300.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 15.00 x 110.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1650.00
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1793223
  • Tax Annual Amount: 1270.00
  • Assessor Parcel Number: 08-00500-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1377
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 09/06/2019

MLS Schools

  • School District Name: CAMDEN COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 1, 2019
Sold by
Scott Boggans Tonia
Bought by
2004 S Broadway Llc
Seller's Agent
Heather Morris
Prime Realty Partners
Buyer's Agent
Nancy Pearl
Compass New Jersey, LLC - Moorestown
List Price
$38,000
Sold Price
$37,000
Premium/Discount to List
-$1,000
-2.63%
Current Estimated Value
$137,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,969
Avg. Annual Appreciation
25.18%

Purchase Details

Closed on
Aug 27, 2002
Sold by
Torres Robert
Bought by
Megginson Bahiyyah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,350
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $18,500 Surety Ttl Agcy Of Haddonfie
Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,350 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $1,800 -7.2% --
07/20/2024 07/20/24 Under Contract -- -- --
07/10/2024 07/10/24 For Rent $1,940 0.0% --
04/14/2023 04/14/23 Sold $87,000 +2.4% $63 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $85,000 0.0% $62 / Sq Ft
03/03/2020 03/03/20 Rented $1,100 -8.3% --
02/06/2020 02/06/20 For Rent $1,200 0.0% --
09/06/2019 09/06/19 Sold $37,000 -11.7% $27 / Sq Ft
08/05/2019 08/05/19 Price Changed $41,900 +10.3% $30 / Sq Ft
07/24/2019 07/24/19 For Sale $38,000 -- $28 / 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 $1,428 $42,700 $6,300 $36,400
2023 $1,428 $41,700 $6,300 $35,400
2022 $1,402 $41,700 $6,300 $35,400
2021 $1,397 $41,700 $6,300 $35,400
2020 $1,326 $41,700 $6,300 $35,400
2019 $1,270 $41,700 $6,300 $35,400
2018 $1,263 $41,700 $6,300 $35,400
2017 $1,232 $41,700 $6,300 $35,400
2016 $1,193 $41,700 $6,300 $35,400
2015 $1,148 $41,700 $6,300 $35,400
2014 $1,121 $41,700 $6,300 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD372468

Bright MLS

APN: 08-00500-0000-00003