NOT LISTED FOR SALE

21 Pear Ave Browns Mills, NJ 08015

Estimated Value: $334,000 - $468,484

-- Bed
-- Bath
2,322 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $240,000 $103 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,844/month

Highlights

  • 2.69 Acre Lot
  • En-Suite Primary Bedroom
  • Baseboard Heating
  • No HOA

About This Home

As of March 2016

RAKE IN THE RENTS! 4 unit apartment house located on very spacious 2.69 acre lot. Apartments are all occupied. Convenient close to town location...steps to shopping. All units well maintained. A bottom line Bonanza!

Last Agent to Sell the Property

Patricia Denney

(609) 234-6250 remaxpatdenney@comcast.net RE/MAX Preferred - Medford Listed on: 10/09/2015

RE/MAX Preferred - Medford

Last Buyer's Agent

Patricia Denney

(609) 234-6250 remaxpatdenney@comcast.net RE/MAX Preferred - Medford Listed on: 10/09/2015

RE/MAX Preferred - Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1945

Lot Details

  • 2.69 Acre Lot
  • Lot Dimensions are 301x390
  • Property is in good condition

Parking

  • Driveway

Home Design

  • 2,322 Sq Ft Home
  • Quadruplex
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Helen A Fort Middle School
  • Pemberton Township High School

Utilities

  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 29-00406-00001

Community Details

Overview

  • No Home Owners Association
  • Orchards Subdivision

Building Details

  • Electric Expense $839
  • Insurance Expense $1,640
  • Maintenance Expense $1,042
  • Other Expense $360
  • Operating Expense $11,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,595

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Kitchen Ranges And Refrigerator(S) As They Now Exist
  • New Construction: No
  • Other Expense: 360.00
  • Storage: Basement
  • Year Built: 1945
  • Remarks Public: RAKE IN THE RENTS! 4 unit apartment house located on very spacious 2.69 acre lot. Apartments are all occupied. Convenient close to town location...steps to shopping. All units well maintained. A bottom line Bonanza!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2322
  • Living Area Sq Ft: 2322
  • Price Per Sq Ft: 118.43
  • Above Grade Finished Sq Ft: 2322
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • 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
  • Electric Expense: 839.00
  • Heating Fuel: Oil
  • Heating Type: Oil, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 2460.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PEMBERTON TOWNSHIP SCHOOLS
  • Middle School: HELEN A FORT
  • High School: PEMBERTON TOWNSHIP
  • School District Key: 300200396954
  • High School: PEMBERTON TOWNSHIP
  • Middle Or Junior School: HELEN A FORT

Lot Info

  • Improvement Assessed Value: 120700.00
  • Land Assessed Value: 30200.00
  • Lot Size Acres: 2.69
  • Lot Dimensions: 301X390
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 117390.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 41580.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1721842
  • Tax Annual Amount: 5595.00
  • Assessor Parcel Number: 29-00406-00001
  • Tax Lot: 00001
  • Tax Year: 2015
  • Close Date: 03/31/2016

MLS Schools

  • School District Name: PEMBERTON TOWNSHIP SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Mar 31, 2016
Sold by
Rodriguez Carmen I
Bought by
21 Pear Browns Mills Llc
Seller's Agent
Patricia Denney
RE/MAX Preferred - Medford
Buyer's Agent
Patricia Denney
RE/MAX Preferred - Medford
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Current Estimated Value
$421,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,371
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Hill Buford A and Hill Margareta E
Bought by
Rodriguez Cecilio and Rodriguez Carmen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
21 Pear Browns Mills Llc $240,000 Attorney
Rodriguez Cecilio $160,000 --
Rodriguez Cecilio $160,000 --
Hill Buford A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Cecilio $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $240,000 -12.7% $103 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $275,000 -- $118 / 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 $7,322 $238,900 $42,800 $196,100
2024 $6,871 $238,900 $42,800 $196,100
2023 $6,871 $238,900 $42,800 $196,100
2022 $6,360 $238,900 $42,800 $196,100
2021 $6,099 $238,900 $42,800 $196,100
2020 $5,870 $238,900 $42,800 $196,100
2019 $5,621 $238,900 $42,800 $196,100
2018 $5,430 $238,900 $42,800 $196,100
2017 $5,318 $238,900 $42,800 $196,100
2016 $5,641 $150,900 $30,200 $120,700
2015 $5,595 $150,900 $30,200 $120,700
2014 $5,349 $150,900 $30,200 $120,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002715664

Bright MLS

APN: 29-00406-0000-00001