NOT LISTED FOR SALE

227 Chestnut St Audubon, NJ 08106

Estimated Value: $361,000 - $446,000

-- Bed
-- Bath
1,790 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $205,000 $115 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,813/month

Highlights

  • Victorian Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2019

Come check out this beautifully maintained duplex. Perfect for investors, this property will immediately produce you income. Both two bedroom units are rented out, and tenants are willing to sign extended lease to new buyer. The first floor unit rents out for $1150 and the second multi-floor units rents out for $1,000. The property has a shared driveway with plenty of on street parking. Come check out this great opportunity while it lasts!

Last Agent to Sell the Property

Liz Reklewski

(856) 582-1200 elizabeth.reklewski@gmail.com Keller Williams Realty - Moorestown Listed on: 04/26/2019

Keller Williams Realty - Moorestown

Last Buyer's Agent

Basia Bubel

(856) 745-6000 basiabubel@gmail.com KW Empower

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,149

Year Built

  • Built in 1915

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00

Parking

  • Driveway

Home Design

  • Duplex
  • Victorian Architecture
  • Frame Construction

Interior Spaces

  • 1,790 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Haviland Avenue Elementary School
  • Mansion Avenue Middle School
  • Audubon High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 01-00087-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,149

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: All property belonging to tenant
  • Inclusions: Appliances negotiable
  • New Construction: No
  • Expected On Market: 2019-04-26
  • Year Built: 1915
  • Remarks Public: Come check out this beautifully maintained duplex. Perfect for investors, this property will immediately produce you income. Both two bedroom units are rented out, and tenants are willing to sign extended lease to new buyer. The first floor unit rents out for $1150 and the second multi-floor units rents out for $1,000. The property has a shared driveway with plenty of on street parking. Come check out this great opportunity while it lasts!
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1790
  • Living Area Sq Ft: 1790
  • Price Per Sq Ft: 131.28
  • Above Grade Finished Sq Ft: 1790
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 227

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
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • Elementary School: HAVILAND AVENUE SCHOOL
  • Middle School: MANSION AVENUE SCHOOL
  • High School: AUDUBON H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396982
  • School District Source: Listing Agent
  • Elementary School: HAVILAND AVENUE SCHOOL
  • High School: AUDUBON H.S.
  • Middle Or Junior School: MANSION AVENUE SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127400.00
  • Land Assessed Value: 104500.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1769773
  • Tax Annual Amount: 8149.00
  • Assessor Parcel Number: 01-00087-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1790
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/17/2019

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Kallisto Development Llc
Bought by
Kimpel Michael and Bubel Basia A
Current Estimated Value
$400,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 17, 2019
Sold by
Capvest Property Bds Iv Llc
Bought by
Kallisto Development Llc
Seller's Agent
Liz Reklewski
Keller Williams Realty - Moorestown
Buyer's Agent
Basia Bubel
KW Empower
List Price
$235,000
Sold Price
$205,000
Premium/Discount to List
-$30,000
-12.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Jun 24, 2017
Sold by
Home Evolnutions Llc
Bought by
Capvest Property Bds Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2017
Sold by
Weister Norman
Bought by
Home Evolutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2010
Sold by
Weister Norman
Bought by
Weister Norman

Purchase Details

Closed on
Sep 28, 2010
Sold by
Weister Alicia
Bought by
Weister Norman

Purchase Details

Closed on
Mar 22, 2002
Sold by
Minutella John J
Bought by
Weister Norman and Weister Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
7.05%
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
Kimpel Michael -- City Abstract
Kallisto Development Llc $205,000 Secured Land Transfer Llc
Capvest Property Bds Iv Llc $145,000 Cape Atlantic Title Agency L
Home Evolutions Llc $100,000 Cape Coral Atlantic Title Ag
Weister Norman -- --
Weister Norman -- --
Weister Norman $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimpel Michael $143,500
Previous Owner Capvest Property Bds Iv Llc $102,000
Previous Owner Weister Norman $94,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $205,000 -12.8% $115 / Sq Ft
04/26/2019 04/26/19 For Sale $235,000 -- $131 / 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 $8,276 $205,000 $104,500 $100,500
2024 $8,001 $205,000 $104,500 $100,500
2023 $8,001 $205,000 $104,500 $100,500
2022 $7,464 $205,000 $104,500 $100,500
2021 $7,464 $205,000 $104,500 $100,500
2020 $8,362 $231,900 $104,500 $127,400
2019 $8,251 $231,900 $104,500 $127,400
2018 $8,149 $231,900 $104,500 $127,400
2017 $7,980 $231,900 $104,500 $127,400
2016 $7,771 $231,900 $104,500 $127,400
2015 $7,518 $231,900 $104,500 $127,400
2014 $7,446 $231,900 $104,500 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD363298

Bright MLS

APN: 01-00087-0000-00015