NOT LISTED FOR SALE

2608 Church Rd Cherry Hill, NJ 08002

Estimated Value: $442,377 - $528,000

Studio
-- Bath
686 Sq Ft
$689/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2014

Last sale price $275,000 $401 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,399 / mo

45 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • Vinyl Flooring
  • Central Air

About This Home

As of May 2014

Turn-key investment property in Cherry Hill. Property offers one 2-story duplex and 1 single-family cottage. Duplex features first and second floor units, each with 2 bedrooms, central air/heat, washer/dryer, and dishwasher in kitchen. Duplex has newer roof and vinyl siding. Charming cottage house on property features front porch, 2 bedrooms, nice sized living space and kitchen with washer and dryer in basement. Home also has new electrical Property features large, off-street parking and common backyard space. Conveniently located in Cherry Hill off Rte 38 with easy access to all major points ? shopping, Philadelphia & public transportation. A great investment property ? fully rented. Owner is a licensed NJ Realtor

Last Agent to Sell the Property

Ian Rossman

(856) 222-0077 ian.rossman@foxroach.com BHHS Fox & Roach-Mt Laurel License #678326 Listed on: 02/14/2014

BHHS Fox & Roach-Mt Laurel

Co-Listed By

Michael Thornton

(856) 222-0077 mike.thornton@foxroach.com BHHS Fox & Roach-Mt Laurel License #0227077

Last Buyer's Agent

Susan Boehm

(856) 722-9000 susanpboehm@gmail.com Innovate Realty License #0447057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,537

Year Built

  • Built in 1930

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 88x150

Parking

  • 5 Open Parking Spaces

Home Design

  • 686 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Pitched Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Laminate
  • Vinyl

Laundry

  • Laundry in unit

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Cherry Hill High - East

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 60 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 09-00296 01-00009

Community Details

Overview

  • No Home Owners Association
  • Columbia Lakes Subdivision

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $1,500
  • Operating Expense $12,277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,537

Year Built

Built in 1930

Lot Details

0.31 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Property
  • Inclusions: All Appliances In Apartemnts
  • New Construction: No
  • Storage: Basement
  • Year Built: 1930
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Vinyl, Laminated
  • Fireplace: No
  • Foundation Details: Stone, Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 686
  • Living Area Sq Ft: 686
  • Price Per Sq Ft: 437.17
  • Above Grade Finished Sq Ft: 686
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Pitched
  • 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: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit
  • Electric Service: 60 Amp Service
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 840.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: CHERRY HILL HIGH - EAST

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 88X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13504.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 37764.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Tax Annual Amount: 8537.00
  • Assessor Parcel Number: 09-00296 01-00009
  • Tax Lot: 00009
  • Tax Year: 2013

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 2, 2014
Sold by
Warren Street 66 Llc
Bought by
Church Rd Llc
Seller's Agent
Ian Rossman
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Susan Boehm
Innovate Realty
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$472,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,844
Avg. Annual Appreciation
4.62%
Original Mortgage
$206,250
Outstanding Balance
$157,656
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$315,188

Purchase Details

Closed on
May 29, 2009
Sold by
Harris Gregory
Bought by
Warren Streeet 66 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,360
Interest Rate
5.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 2009
Sold by
Harris Gregory and Harris Lisa
Bought by
Harris Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,360
Interest Rate
5.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 1995
Sold by
Folsenberg Caroline
Bought by
Massaro Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.53%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Church Rd Llc $275,000 Premier Title Co Llc
Warren Streeet 66 Llc $191,700 --
Harris Gregory -- --
Massaro Gary $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Rd Llc $206,250
Previous Owner Warren Streeet 66 Llc $153,360
Previous Owner Massaro Gary $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $275,000 -8.3% $401 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $299,900 -- $437 / Sq Ft
Source: Bright MLS

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 $10,718 $228,000 $57,100 $170,900
2024 $9,581 $228,000 $57,100 $170,900
2023 $9,581 $228,000 $57,100 $170,900
2022 $9,316 $228,000 $57,100 $170,900
2021 $9,346 $228,000 $57,100 $170,900
2020 $9,232 $228,000 $57,100 $170,900
2019 $9,227 $228,000 $57,100 $170,900
2018 $9,202 $228,000 $57,100 $170,900
2017 $9,077 $228,000 $57,100 $170,900
2016 $8,956 $228,000 $57,100 $170,900
2015 $8,814 $228,000 $57,100 $170,900
2014 $8,716 $228,000 $57,100 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002806780

Bright MLS

APN: 09-00296-01-00009

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