NOT LISTED FOR SALE

Estimated Value: $310,309

-- Bed
-- Bath
2,048 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $120,000 $59 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,336/month

23 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Replacement Windows
  • Tile or Brick Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2014

Great investment property with good positive cash flow. This duplex features 2 units, top & bottom, identical layouts w/2 bedrooms and 1 full bath in each unit. Large Eat-in Kitchens, huge living rooms and all bedrooms are great sizes. Each unit has it's own washer and dryer right in the unit. The full basement is split into 2 areas. Each unit gets their own side of the basement. First floor unit has access from inside their unit. 2nd floor has access to basement from Bilco doors in rear fenced yard. Roof is approx. 10 years old. Both gas heaters and central units were replaced 12 years ago. Both units have replacement windows. 1st floor unit is currently rented at $1,000 per month on a month to month basis. 2nd floor is currently vacant. Seller has freshly painted this unit and has new carpeting installed. Tenants pay their own water, gas and electric. Landlord pays sewer ($31 monthly)CCMUA ($57 monthly). Don't miss out on the great investment property!

Last Listed By

Ron Bruce

BHHS Fox & Roach-Mullica Hill South License #8541117 Listed on: 06/24/2014

BHHS Fox & Roach-Mullica Hill South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1980

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is in good condition

Home Design

  • Duplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,048 Sq Ft Home
  • Replacement Windows
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Basement

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Schools

  • Timber Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 15-17405-00017

Community Details

Overview

  • No Home Owners Association
  • Cottage Gate Subdivision

Building Details

  • Insurance Expense $1,000
  • Operating Expense $7,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,633

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: 2 Ranges, 1 Refrigerator, 2 Dishwashers, 2 Washers, 2 Dryers
  • New Construction: No
  • Storage: Basement
  • Year Built: 1980
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 2048
  • Living Area Sq Ft: 2048
  • Price Per Sq Ft: 61.04
  • Above Grade Finished Sq Ft: 2048
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, 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
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1048.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • High School: TIMBER CREEK
  • School District Key: 300200396979
  • High School: TIMBER CREEK

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Zoning: MUL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 5633.00
  • Assessor Parcel Number: 15-17405-00017
  • Tax Lot: 00017
  • Tax Year: 2013
  • Close Date: 07/23/2014

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Jul 23, 2014
Sold by
Mosolvich Thomas S and Dandrow Mosolvich Elizabeth A
Bought by
Fab Group Llc
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
FRANCES PRYZWARA
BHHS Fox & Roach-Mullica Hill South
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
23
Current Estimated Value
$310,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,309
Avg. Annual Appreciation
9.16%

Purchase Details

Closed on
Feb 28, 2002
Sold by
Homann Frederick
Bought by
Mosolovich Thomas and Dandrow Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.85%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Zalasar Brian
Bought by
Homann Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.78%
Mortgage Type
VA

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
Fab Group Llc $120,000 Multiple
Mosolovich Thomas $102,500 --
Homann Frederick $94,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mosolovich Thomas B $80,000
Previous Owner Mosolovich Thomas $82,000
Previous Owner Homann Frederick $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $120,000 -4.0% $59 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $125,000 -- $61 / 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 $7,183 $173,000 $54,000 $119,000
2023 $7,183 $173,000 $54,000 $119,000
2022 $7,138 $173,000 $54,000 $119,000
2021 $6,981 $173,000 $54,000 $119,000
2020 $6,975 $173,000 $54,000 $119,000
2019 $6,832 $173,000 $54,000 $119,000
2018 $6,806 $173,000 $54,000 $119,000
2017 $6,586 $173,000 $54,000 $119,000
2016 $6,444 $173,000 $54,000 $119,000
2015 $5,984 $173,000 $54,000 $119,000
2014 $5,944 $173,000 $54,000 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002981882

Bright MLS

APN: 15-17405-0000-00017