277 Fenwick Ave Salem, NJ 08079
Salem Neighborhood
3
Beds
1
Bath
1,893
Sq Ft
4,600
Sq Ft Lot
Highlights
- Colonial Architecture
- Living Room
- Dining Room
- No HOA
- 90% Forced Air Heating System
- Family Room
About This Home
As of May 2020Perfect for investors, this is a 3 Bedroom home with lots of character. Has a full kitchen, dining room, 3 bedrooms, 1 bath and a large living room with a stone fireplace. Large backyard. Close to highways and major transportation plus minutes from the Turnpike and Delaware Memorial Bridge. Needs some work, but can be the home of your dreams with some TLC. Home sold "as is" with purchaser responsible for all repairs and/or certifications.
Last Agent to Sell the Property
RE/MAX Preferred - Mullica Hill License #0791862 Listed on: 05/24/2019
Last Buyer's Agent
RE/MAX Preferred - Mullica Hill License #0791862 Listed on: 05/24/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 4,600 Sq Ft Lot
- Lot Dimensions are 40.00 x 115.00
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
Interior Spaces
- 1,893 Sq Ft Home
- Property has 2 Levels
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling System Mounted In Outer Wall Opening
- 90% Forced Air Heating System
- Heating System Uses Oil
- Public Septic
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 13-00031-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2019
Closed on
May 8, 2020
Sold by
Rca Flipz Llc
Bought by
Jackson Artus
Seller's Agent
Gary Wade
EXP Realty, LLC
Buyer's Agent
Jerome Washington
Neighborhood Assistance Corp. of America (NACA)
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,672
Avg. Annual Appreciation
8.01%
Original Mortgage
$130,000
Outstanding Balance
$116,201
Interest Rate
3.3%
Mortgage Type
Stand Alone Second
Estimated Equity
$78,307
Purchase Details
Listed on
Aug 6, 2019
Closed on
Sep 19, 2019
Sold by
Bennett Jabari H
Bought by
Rca Flipz Llc
Seller's Agent
Kellyann Peterson
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
George Phy
Glen Cove Real Estate
List Price
$42,000
Sold Price
$29,000
Premium/Discount to List
-$13,000
-30.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1024.29%
Original Mortgage
$54,597
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 6, 2019
Closed on
Jul 29, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Bennett Jabari H
Seller's Agent
Kellyann Peterson
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
George Phy
Glen Cove Real Estate
List Price
$42,000
Sold Price
$29,000
Premium/Discount to List
-$13,000
-30.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,597
Interest Rate
3.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 8, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc
Purchase Details
Closed on
Jun 29, 2007
Sold by
Spence Ern and Spence Sakeena R
Bought by
Thompson Sandra R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,834
Interest Rate
6.48%
Mortgage Type
New Conventional
Similar Home in Salem, NJ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $130,000 | Stewart Title Company | |
| Deed | $29,000 | Surety Title | |
| Deed | $32,000 | Federation Title Agency Inc | |
| Sheriffs Deed | $1,472 | Fortune Title | |
| Deed | $157,834 | -- | |
| Deed | $157,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $25,000 | Credit Line Revolving | |
| Open | $130,000 | Stand Alone Second | |
| Closed | $130,000 | New Conventional | |
| Previous Owner | $54,597 | Commercial | |
| Previous Owner | $157,834 | New Conventional | |
| Previous Owner | $112,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $26,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2020 05/08/20 | Sold | $130,000 | 0.0% | $69 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 02/19/2020 02/19/20 | Price Changed | $130,000 | -3.7% | $69 / Sq Ft |
| 02/03/2020 02/03/20 | Price Changed | $135,000 | -3.6% | $71 / Sq Ft |
| 01/28/2020 01/28/20 | Price Changed | $140,000 | -3.4% | $74 / Sq Ft |
| 12/20/2019 12/20/19 | For Sale | $145,000 | +400.0% | $77 / Sq Ft |
| 09/24/2019 09/24/19 | Sold | $29,000 | -12.1% | $15 / Sq Ft |
| 09/04/2019 09/04/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | Price Changed | $32,999 | -21.4% | $17 / Sq Ft |
| 08/06/2019 08/06/19 | For Sale | $42,000 | +31.3% | $22 / Sq Ft |
| 07/29/2019 07/29/19 | Sold | $32,000 | -19.8% | $17 / Sq Ft |
| 07/10/2019 07/10/19 | Pending | -- | -- | -- |
| 05/24/2019 05/24/19 | For Sale | $39,900 | -- | $21 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,117 | $74,400 | $13,500 | $60,900 |
| 2023 | $5,786 | $73,600 | $13,500 | $60,100 |
| 2022 | $5,533 | $73,600 | $13,500 | $60,100 |
| 2021 | $5,342 | $73,600 | $13,500 | $60,100 |
| 2020 | $4,488 | $63,100 | $13,500 | $49,600 |
| 2019 | $4,461 | $63,100 | $13,500 | $49,600 |
| 2018 | $4,363 | $63,100 | $13,500 | $49,600 |
| 2017 | $4,310 | $63,100 | $13,500 | $49,600 |
| 2016 | $5,878 | $150,100 | $34,400 | $115,700 |
| 2015 | $5,803 | $150,100 | $34,400 | $115,700 |
| 2014 | $5,773 | $150,100 | $34,400 | $115,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Gary Wade
EXP Realty, LLC
(609) 617-5168
49 Total Sales
-
Buyer's Agent in 2020
Jerome Washington
Neighborhood Assistance Corp. of America (NACA)
(856) 888-4393
1 in this area
204 Total Sales
-
Seller's Agent in 2019
Kellyann Peterson
Better Homes and Gardens Real Estate Maturo
(856) 540-5386
12 Total Sales
-
Seller's Agent in 2019
Daisy Davis-Quick
RE/MAX
(856) 628-1968
4 in this area
77 Total Sales
-
G
Buyer's Agent in 2019
George Phy
Glen Cove Real Estate
Map
Source: Bright MLS
MLS Number: NJSA134270
APN: 13-00031-0000-00008
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