NOT LISTED FOR SALE

224 Washington Ave Laurel Springs, NJ 08021

Estimated Value: $306,111 - $361,000

-- Bed
-- Bath
2,015 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $265,000 $132 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,435/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Radiator
  • 1-minute walk to Laurel Springs Recreation Center

About This Home

As of January 2024

Amazing duplex in the sought out area of Laurel Springs! Walking distance to Atlantic Ave where you will find shopping, dining, and parks. Close proximity to all major roadways, malls, shopping districts, and schools. First floor has a long term tenant currently locked into a yearly lease which consists of two bedrooms, living room and kitchen. Second floor also contains two bedrooms, kitchen, and living room equipped w/ gorgeous stainless steel appliances, quartz countertops with beautiful subway tile backsplash and custom cabinets. 2nd Floor bathroom features complimenting gray tile floor and shower. Great investment opportunity! Live in one unit and rent out the other!

Last Agent to Sell the Property

Erik Lemons

(215) 518-5612 elemons23@gmail.com Exit Homestead Realty Professi License #2332484 Listed on: 12/08/2023

Last Buyer's Agent

Kevin Santos

(908) 635-8011 kevinsantosrei@outlook.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,128

Year Built

  • Built in 1920

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 60.00 x 125.00

Parking

  • Driveway

Home Design

  • 2,015 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Foundation
  • Frame Construction

Utilities

  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 20-00022-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,128

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2015
  • Living Area Sq Ft: 2015
  • Price Per Sq Ft: 129.03
  • Above Grade Finished Sq Ft: 2015
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Zoning: R-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Tax Annual Amount: 8128.00
  • Assessor Parcel Number: 20-00022-00010
  • Tax Lot: 00010
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 22, 2024
Sold by
Harris Earl E and Harris Mary
Bought by
Contreras Trix M
Seller's Agent
Erik Lemons
Exit Homestead Realty Professi
Buyer's Agent
Kevin Santos
Real Broker, LLC
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Views
277
Current Estimated Value
$329,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,028
Avg. Annual Appreciation
12.20%
Original Mortgage
$251,750
Outstanding Balance
$247,045
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$81,983

Purchase Details

Listed on
Feb 9, 2018
Closed on
May 23, 2018
Sold by
Blue Chip Investmnents Llc
Bought by
Harris Earl E
Seller's Agent
NICOLE SLEGAITIS
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Dorothy Pellegrino
Weichert Realtors-Haddonfield
List Price
$171,900
Sold Price
$132,000
Premium/Discount to List
-$39,900
-23.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$129,609
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2017
Sold by
Criniti Joseph A
Bought by
Blue Chip Investments Llc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Joseph C Profeta Jr Est Of
Bought by
Criniti Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Contreras Trix M $265,000 Chicago Title
Contreras Trix M $265,000 Chicago Title
Harris Earl E $132,000 Surety Title Co
Blue Chip Investments Llc $50,000 None Available
Criniti Joseph $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Trix M $251,750
Closed Contreras Trix M $251,750
Previous Owner Harris Earl E $129,609
Previous Owner Criniti Joseph $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2024 01/23/24 Sold $265,000 +1.9% $132 / Sq Ft
12/08/2023 12/08/23 For Sale $260,000 +97.0% $129 / Sq Ft
05/23/2018 05/23/18 Sold $132,000 0.0% $66 / Sq Ft View Prior Sale
05/23/2018 05/23/18 Sold $132,000 0.0% $66 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Off Market $132,000 -- --
04/11/2018 04/11/18 Pending -- -- --
04/10/2018 04/10/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $157,900 0.0% $78 / Sq Ft
03/12/2018 03/12/18 Price Changed $157,900 -6.0% $78 / Sq Ft
02/20/2018 02/20/18 Price Changed $167,900 0.0% $83 / Sq Ft
02/20/2018 02/20/18 Price Changed $167,900 -2.3% $83 / Sq Ft
02/09/2018 02/09/18 For Sale $171,900 0.0% $85 / Sq Ft
01/06/2018 01/06/18 For Sale $171,900 0.0% $85 / Sq Ft
07/15/2012 07/15/12 Rented $975 -11.4% --
07/02/2012 07/02/12 Under Contract -- -- --
04/13/2012 04/13/12 For Rent $1,100 -- --
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 $8,524 $172,200 $36,400 $135,800
2024 $8,261 $153,200 $36,400 $116,800
2023 $8,261 $153,200 $36,400 $116,800
2022 $8,129 $153,200 $36,400 $116,800
2021 $8,054 $153,200 $36,400 $116,800
2020 $7,957 $153,200 $36,400 $116,800
2019 $8,043 $153,200 $36,400 $116,800
2018 $7,810 $153,200 $36,400 $116,800
2017 $7,577 $153,200 $36,400 $116,800
2016 $7,681 $102,300 $26,600 $75,700
2015 $7,504 $102,300 $26,600 $75,700
2014 $7,388 $102,300 $26,600 $75,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD2059596

Bright MLS

APN: 20-00022-0000-00010