NOT LISTED FOR SALE

202 Foundry St Florence, NJ 08518

Estimated Value: $565,805 - $804,000

Studio
-- Bath
3,888 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $120,000 $31 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $4,626/month

68 Days on Market

Highlights

  • No HOA
  • 90% Forced Air Heating System
  • 1-minute walk to R.d. Wood Park
  • Cooling Available

About This Home

As of October 2020

Investor Alert!!!! 4 unit apartment building fully approved and ready for construction. The property has been gutted down to the studs. Full set of plans available. The building consist of A 3 bedroom apartment, A 2 bedroom apartment , and 2- 1 bedroom apartments.

Last Agent to Sell the Property

Brad Sasaki

(609) 386-1636 chris@rmxworldclass.com RE/MAX World Class Realty Listed on: 07/22/2020

RE/MAX World Class Realty

Last Buyer's Agent

Brad Sasaki

(609) 386-1636 chris@rmxworldclass.com RE/MAX World Class Realty Listed on: 07/22/2020

RE/MAX World Class Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1940

Lot Details

  • 2,640 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,888 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Cooling Available
  • 90% Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for real estate taxes, trash collection, snow removal, repairs, pest control, common area maintenance
  • Assessor Parcel Number 15-00014-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,194

Year Built

Built in 1940

Lot Details

2,640 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3888
  • Living Area Sq Ft: 3888
  • Price Per Sq Ft: 42.44
  • Above Grade Finished Sq Ft: 3888
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Block, Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2640.00
  • Zoning: RES

Rental Info

  • Owner Pays: Taxes - Real Estate, Trash Collection, Snow Removal, Repairs, Pest Control, Common Area Maintenance
  • Rent Control: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1650644
  • Tax Annual Amount: 3194.00
  • Assessor Parcel Number: 15-00014-00001
  • Tax Year: 2019

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Mitra Properties Llc
Bought by
Poondla Mithil and Poondla Mithil Ramya
Current Estimated Value
$695,268

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 28, 2020
Sold by
Kuwalczyk Steven and Kuwalczyk Erin
Bought by
Mitra Properties Llc
Seller's Agent
Brad Sasaki
RE/MAX World Class Realty
Buyer's Agent
Brad Sasaki
RE/MAX World Class Realty
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.79%
Original Mortgage
$200,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2019
Sold by
Florene Founty Llc
Bought by
Kowalczyk Steven and Brennen Erin

Purchase Details

Closed on
Jul 16, 2012
Sold by
Feola Louis M and Angelini James P
Bought by
Florence Founty Limited Liability Compan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poondla Mithil -- --
Mitra Properties Llc $120,000 Clear Skies Title Agency
Kowalczyk Steven $70,000 Foundation Title Llc
Florence Founty Limited Liability Compan $62,500 Sterling Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitra Properties Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $120,000 -27.3% $31 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $165,000 +37.5% $42 / Sq Ft
09/04/2020 09/04/20 Off Market $120,000 -- --
07/22/2020 07/22/20 For Sale $165,000 -- $42 / 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 $12,542 $450,000 $50,500 $399,500
2024 $12,006 $450,000 $50,500 $399,500
2023 $12,006 $450,000 $50,500 $399,500
2022 $3,264 $125,000 $50,500 $74,500
2021 $3,235 $125,000 $50,500 $74,500
2020 $3,223 $125,000 $50,500 $74,500
2019 $3,194 $125,000 $50,500 $74,500
2018 $4,258 $168,100 $50,500 $117,600
2017 $4,206 $168,100 $50,500 $117,600
2016 $4,125 $168,100 $50,500 $117,600
2015 $4,041 $168,100 $50,500 $117,600
2014 $3,929 $168,100 $50,500 $117,600
Source: Public Records

Agents Affiliated with this Home

  • Brad Sasaki

    Seller's Agent in 2020

    Brad Sasaki

    RE/MAX

    (609) 937-2261

    7 in this area

    96 Total Sales

    Brad Sasaki
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Map

Source: Bright MLS

MLS Number: NJBL377414

Bright MLS

APN: 15-00014-0000-00001

New Jersey Burlington County Florence 08518

202 Foundry St, Florence, NJ

Not Listed for Sale

MultiFamily

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