NOT LISTED FOR SALE

Estimated Value: $1,206,000 - $1,563,000

-- Bed
2 Baths
1,885 Sq Ft
$700/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $495,000 $263 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $7,892/month

167 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Bayside
  • Attic
  • Detached Garage

About This Home

As of October 2012

Cant decide if you want Bay or Ocean living? Why not live directly in the middle and enjoy the best of both worlds - only 2 Blocks in either direction! Currently Tenant-Occupied so you can use both units as an investment (bring in $2,700 per month) or rent only one and use one unit for yourself (still bringing in income) or use both yourself (vacation with friends but let them have their own space too)? 3 Bedrooms on each floor with washers & dryers would make this a desirable Weekly Rental as well! This property even comes with a 2-Car Detached Garage for all of your personal storage needs! Both Units offer their own Deck, Ceiling Fans and Window A/C units. Upper unit in the process of being freshly painted. Taxes for 2012 are $5,262.

Last Agent to Sell the Property

Jennifer Cotton

BHHS Fox & Roach-Moorestown License #9912118 Listed on: 03/01/2012

BHHS Fox & Roach-Moorestown

Last Buyer's Agent

Elaine Tantillo

Sea Breeze Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 60 x100
  • Partially Fenced Property
  • Level Lot
  • The property's topography is level

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,885 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Double Hung Windows
  • Sliding Doors
  • Crawl Space
  • Storm Doors
  • Electric Oven or Range
  • Stacked Washer and Dryer
  • Attic

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Location

  • Flood Risk
  • Bayside

Community Details

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Ship Bottom Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 2900069000000011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,262

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • New Construction: No
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Remarks Public: Cant decide if you want Bay or Ocean living? Why not live directly in the middle and enjoy the best of both worlds - only 2 Blocks in either direction! Currently Tenant-Occupied so you can use both units as an investment (bring in $2,700 per month) or rent only one and use one unit for yourself (still bringing in income) or use both yourself (vacation with friends but let them have their own space too)? 3 Bedrooms on each floor with washers & dryers would make this a desirable Weekly Rental as well! This property even comes with a 2-Car Detached Garage for all of your personal storage needs! Both Units offer their own Deck, Ceiling Fans and Window A/C units. Upper unit in the process of being freshly painted. Taxes for 2012 are $5,262.
  • Special Features: None

Interior Features

  • Appliances: Washer, Oven/Range - Electric, Dryer, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Ceramic Tile, Vinyl, Fully Carpeted
  • Interior Amenities: Ceiling Fan(s), Attic, Floor Plan - Open
  • Window Features: Insulated, Double Hung
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Crawl Space
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1885
  • Living Area Sq Ft: 1885
  • Price Per Sq Ft: 291.78
  • Above Grade Finished Sq Ft: 1885
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Outside Shower
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Garage Features: Oversized
  • Type Of Parking: Driveway, Off Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SOUTHERN REGIONAL SCHOOLS
  • School District Key: 300200396369

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 200000.00
  • Land Assessed Value: 331000.00
  • Land Lease: No
  • Lot Features: Level
  • Lot Dimensions: 60 x100
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Topography: Level
  • Zoning: R1
  • Zoning Description: R1

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 5262.00
  • Assessor Parcel Number: 2900069000000011
  • Tax Lot: 11
  • Tax Year: 2010
  • Close Date: 10/12/2012

MLS Schools

  • School District Name: SOUTHERN REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Nov 8, 2012
Sold by
Kramarski Louis J
Bought by
Cipola Anthony and Cipola Teresa
Seller's Agent
Jennifer Cotton
BHHS Fox & Roach-Moorestown
Buyer's Agent
Elaine Tantillo
Sea Breeze Realty Group, LLC
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%
Current Estimated Value
$1,319,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,549
Avg. Annual Appreciation
7.06%
Original Mortgage
$371,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2012
Closed on
Sep 25, 2012
Sold by
Kramarski Louis J
Bought by
Cipola Anthony and Cipola Teresa
Seller's Agent
Jennifer Cotton
BHHS Fox & Roach-Moorestown
Buyer's Agent
Elaine Tantillo
Sea Breeze Realty Group, LLC
List Price
$575,000
Sold Price
$495,000
Premium/Discount to List
-$80,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2012
Sold by
Kramarski Jill L
Bought by
Kramarski Louis J

Purchase Details

Closed on
Apr 8, 2004
Sold by
Miller Donald and Miller Mary T
Bought by
Kramarski Louis J and Kramarski Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2000
Sold by
Kramarski Henry
Bought by
Miller Mary
Source: Public Records

Range of Values:

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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
Cipola Anthony $495,000 None Available
Cipola Anthony $495,000 None Available
Kramarski Louis J -- None Available
Kramarski Louis J $600,000 Integrity Title Agency Inc
Miller Mary $186,000 --
Miller Mary $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cipolla Anthony $314,000
Closed Cipola Anthony $371,250
Closed Cipola Anthony $371,250
Previous Owner Kramarski Louis J $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $495,000 -13.9% $263 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $575,000 -- $305 / 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 $6,830 $594,400 $350,000 $244,400
2023 $6,295 $594,400 $350,000 $244,400
2022 $6,295 $594,400 $350,000 $244,400
2021 $6,265 $594,400 $350,000 $244,400
2020 $6,264 $592,600 $392,000 $200,600
2019 $6,270 $592,600 $392,000 $200,600
2018 $6,282 $592,600 $392,000 $200,600
2017 $5,873 $592,600 $392,000 $200,600
2016 $5,637 $509,200 $331,000 $178,200
2015 $5,499 $509,200 $331,000 $178,200
2014 $5,519 $511,500 $331,000 $180,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJOC220158

Bright MLS

APN: 29-00069-0000-00011