NOT LISTED FOR SALE

Estimated Value: $170,000 - $230,000

-- Bed
-- Bath
1,536 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $166,000 $108 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,433/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Ceramic Tile Flooring
  • Forced Air Heating System
  • No HOA
  • Ceiling height of 9 feet or more
  • 2-minute walk to Veterans Memorial Park

About This Home

As of August 2021

"Investor Alert" Fully rented Duplex with long-term, current paying Tenants. both 2 Bedrooms and 1 Bath. Both updated. Duplex sets on a quiet street with mature trees. All offers must include a current bank statement, Bank Letter or Proof of funds. Certified funds are required for escrow. Excellent investment to hold and increase rent over time. The Gross Rent Multiplier (GRM) is 7.43. The average for Cramer Hill is 6.7. The Gross Rent is 22,200 per year. This one can make a mortgage payment and still have income left. Make this one yours today!

Last Listed By

Carol Terrell

Keller Williams - Main Street License #227464 Listed on: 06/07/2021

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1940 | Remodeled in 2013

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 20.00 x 100.00
  • Back Yard
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 150 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • The owner pays for repairs, real estate taxes
  • Tax Lot 00007
  • Assessor Parcel Number 08-00963-00007

Community Details

Overview

  • No Home Owners Association
  • Cramer Hill Subdivision

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,590

Year Built

Built in 1940 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenant's personal property
  • Inclusions: All Appliances and Fixtures
  • New Construction: No
  • Expected On Market: 2021-06-07
  • Year Built: 1940
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Laminated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab, Concrete Perimeter
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 107.42
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2714

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block, Aluminum Siding, Concrete
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, DSL, Satellite

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: CAMDEN CITY SCHOOLS
  • School District Key: 300200396977
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Very Good, Good, Average
  • Year Assessed: 2020
  • Zoning: FH

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Repairs, Taxes - Real Estate
  • Rent Control: Yes
  • Total Actual Rent: 22200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3590.00
  • Assessor Parcel Number: 08-00963-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/06/2021

MLS Schools

  • School District Name: CAMDEN CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Aug 6, 2021
Sold by
Diaz Addys and Diaz Addy
Bought by
Torres Sandy R and De Torres Romula
Seller's Agent
Carol Terrell
Keller Williams - Main Street
Buyer's Agent
Deysi Nunez
Weichert Realtors - Moorestown
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%
Total Days on Market
20
Current Estimated Value
$209,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,381
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Valdez Luis
Bought by
Diaz Addys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320
Interest Rate
4.79%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Range of Values:

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Average Value
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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
Torres Sandy R $166,000 Brennan Title Abstract Llc
Diaz Addys $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Addys $4,320
Previous Owner Diaz Addys $108,007
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $166,000 +0.6% $108 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $165,000 -- $107 / 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 $3,867 $112,900 $22,000 $90,900
2023 $3,867 $112,900 $22,000 $90,900
2022 $3,795 $112,900 $22,000 $90,900
2021 $3,781 $112,900 $22,000 $90,900
2020 $3,590 $112,900 $22,000 $90,900
2019 $3,438 $112,900 $22,000 $90,900
2018 $3,420 $112,900 $22,000 $90,900
2017 $3,336 $112,900 $22,000 $90,900
2016 $3,230 $112,900 $22,000 $90,900
2015 $3,109 $112,900 $22,000 $90,900
2014 $3,035 $112,900 $22,000 $90,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD421740

Bright MLS

APN: 08-00963-0000-00007