NOT LISTED FOR SALE

204 Wesley St Unit 206 Salem, NJ 08079

Salem Neighborhood

Estimated Value: $101,944 - $207,000

-- Bed
-- Bath
2,256 Sq Ft
$65/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $3,200 $1 Per Sq Ft

Est. 4,462% increase in value since last sale

Current estimated payment $1,165/month

29 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding

About This Home

As of November 2017

Multiunit located on spacious lot in beautiful Salem City, minutes from the river, close to all shopping districts and school's, great investment opportunity. Sold as is, buyer responsible for all repairs, certs, and co. See attachment for PAS requirements and WFHM offer submittal information in the MLS document section.

Last Agent to Sell the Property

John Swartz

RE/MAX Preferred - Sewell License #0125598 Listed on: 06/26/2017

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,040 Sq Ft Lot
  • Lot Dimensions are 35x144

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,256 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $4,973

Listing and Financial Details

  • Tax Lot 00025
  • Assessor Parcel Number 13-00064-00025

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Multiunit located on spacious lot in beautiful Salem City, minutes from the river, close to all shopping districts and school's, great investment opportunity. Sold as is, buyer responsible for all repairs, certs, and co. See attachment for PAS requirements and WFHM offer submittal information in the MLS document section.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2256
  • Living Area Sq Ft: 2256
  • Price Per Sq Ft: 4.43
  • Above Grade Finished Sq Ft: 2256
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204-206

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Wood Siding, Brick
  • 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: 2
  • Parking Features: Street
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 110500.00
  • Land Assessed Value: 16500.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 35X144
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5040.00
  • Property Attached Yn: Yes
  • Zoning: MULTI

Green Features

  • Green Remarks: The property listed above is scheduled to be offered for sale in a real estate auction which will take place on or about 6/26/17-7/26/17. The auction includes a pre-sale period, an auction period, and a post-sale period. These periods are referred to coll

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2216705
  • Tax Annual Amount: 4973.00
  • Assessor Parcel Number: 13-00064-00025
  • Tax Lot: 00025
  • Tax Year: 2016
  • Close Date: 11/30/2017

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Drove Llc
Bought by
Yaroslav Fedotov
Current Estimated Value
$145,986

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 6, 2017
Sold by
Nina Khan Llc
Bought by
Drove Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$3,200
Premium/Discount to List
-$6,800
-68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.76%

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 5, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Nina Khan Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$3,200
Premium/Discount to List
-$6,800
-68%

Purchase Details

Listed on
Jun 26, 2017
Closed on
Nov 30, 2017
Sold by
Nina Khan Llc
Bought by
Drove Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$3,200
Premium/Discount to List
-$6,800
-68%

Purchase Details

Listed on
Jun 26, 2017
Closed on
Nov 10, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Nina Khan Llc
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$10,000
Sold Price
$3,200
Premium/Discount to List
-$6,800
-68%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Sheriff Of Salem County
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jun 7, 2006
Sold by
Wasserman Sholom
Bought by
Wesley 204 Llc

Purchase Details

Closed on
Mar 21, 2006
Sold by
Newman Israel
Bought by
Wasserman Sholom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2005
Sold by
Patterson Israel
Bought by
Newman Israel
Source: Public Records

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Range of Values:

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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
Yaroslav Fedotov $40,000 Salem Oak Title Agency Inc
Drove Llc $11,000 --
Nina Khan Llc $3,600 --
Drove Llc $11,000 --
Nina Khan Llc $3,600 --
Hsbc Bank Usa Na -- None Available
Wesley 204 Llc -- Multiple
Wasserman Sholom $135,000 Multiple
Newman Israel $20,409 Heritage Title & Abstract Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fedotov Yaroslav $120,000
Previous Owner Wasserman Sholom $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $3,200 -68.0% $1 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $10,000 -- $4 / 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 $4,229 $53,800 $8,400 $45,400
2023 $4,229 $53,800 $8,400 $45,400
2022 $4,044 $53,800 $8,400 $45,400
2021 $3,905 $53,800 $8,400 $45,400
2020 $3,826 $53,800 $8,400 $45,400
2019 $3,803 $53,800 $8,400 $45,400
2018 $3,720 $53,800 $8,400 $45,400
2017 $3,675 $53,800 $8,400 $45,400
2016 $4,973 $127,000 $16,500 $110,500
2015 $4,910 $127,000 $16,500 $110,500
2014 $4,884 $127,000 $16,500 $110,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003277573

Bright MLS

APN: 13-00064-0000-00025