NOT LISTED FOR SALE

28 E Coulter Ave Collingswood, NJ 08108

Estimated Value: $452,913 - $518,000

-- Bed
-- Bath
1,818 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $390,000 $215 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,314/month

2 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring

About This Home

As of May 2022

Great Duplex in close proximity to Cooper River, the Collingswood Patco Train Station and the Restaurants and Shops on Haddon Avenue in the downtown. Fantastic Opportunity to own a 2 unit multifamily. The downstairs unit is currently vacant and perfect for an owner occupant or new tenant. The unit has been freshly painted and cleaned, the floors refinished and the basement waterproofed. The upstairs unit is currently occupied. The tenant is paying $1450 per month. Each unit should rent for approximately $1600 to $1700 a month at current market rent. Income off of market rent could be about $38,400 not including the garage around back... There is a 2-car garage around back that could also be rented out for about $200 or $300 a month. Great location and great opportunity for an investor or owner-occupant. Don't miss this one.

Last Agent to Sell the Property

Robert Bunis

Prime Realty Partners License #RS351154 Listed on: 04/23/2022

Prime Realty Partners

Last Buyer's Agent

Karen Kelner

BHHS Fox & Roach-Sea Isle City

BHHS Fox & Roach-Sea Isle City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 1925

Lot Details

  • 4,199 Sq Ft Lot
  • Lot Dimensions are 120.00 x 35.00

Parking

  • 2 Car Detached Garage
  • 3 Driveway Spaces

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, sewer
  • Tax Lot 00006 03
  • Assessor Parcel Number 12-00008-00006 03

Community Details

Overview

  • 2 Units
  • Cooper River Park Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,991

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants Belongings
  • Inclusions: Existing Appliances in both Units, Washer and Dyer
  • New Construction: No
  • Year Built: 1925
  • Remarks Public: Great Duplex in close proximity to Cooper River, the Collingswood Patco Train Station and the Restaurants and Shops on Haddon Avenue in the downtown. Fantastic Opportunity to own a 2 unit multifamily. The downstairs unit is currently vacant and perfect for an owner occupant or new tenant. The unit has been freshly painted and cleaned, the floors refinished and the basement waterproofed. The upstairs unit is currently occupied. The tenant is paying $1450 per month. Each unit should rent for approximately $1600 to $1700 a month at current market rent. Income off of market rent could be about $38,400 not including the garage around back... There is a 2-car garage around back that could also be rented out for about $200 or $300 a month. Great location and great opportunity for an investor or owner-occupant. Don't miss this one.
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1818
  • Living Area Sq Ft: 1818
  • Price Per Sq Ft: 203.52
  • Above Grade Finished Sq Ft: 1818
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 28

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200397417
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 148000.00
  • Land Assessed Value: 69700.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 120.00 x 35.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4199.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Taxes - Real Estate, Water, Sewer
  • Rent Control: No
  • Total Actual Rent: 17400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 17400.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1845453
  • Tax Annual Amount: 7991.00
  • Assessor Parcel Number: 12-00008-00006 03
  • Tax Lot: 00006 03
  • Tax Total Finished Sq Ft: 1818
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/23/2022

MLS Schools

  • School District Name: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 20, 2022
Sold by
Leodore David J
Bought by
Back To The Bunker Llc
Seller's Agent
Robert Bunis
Prime Realty Partners
Buyer's Agent
Karen Kelner
BHHS Fox & Roach-Sea Isle City
List Price
$370,000
Sold Price
$390,000
Premium/Discount to List
$20,000
5.41%
Current Estimated Value
$476,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,632
Avg. Annual Appreciation
6.51%

Purchase Details

Listed on
Oct 19, 2015
Closed on
Apr 20, 2016
Sold by
Powerll Grace
Bought by
Leodeore David J
Seller's Agent
Joseph Smogard
Compass RE
Buyer's Agent
Ed Mcnally
EXP Realty, LLC
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$216,015
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1993
Sold by
Estate Of Francis J Hoffman
Bought by
Powell Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 30, 1979
Bought by
Powell Grace
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
Back To The Bunker Llc $390,000 Trident Land Transfer
Leodeore David J $230,000 None Available
Powell Grace $113,500 --
Powell Grace $51,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leodeore David J $216,015
Previous Owner Powell Grace $161,000
Previous Owner Powell Grace $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $390,000 +5.4% $215 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $370,000 +60.9% $204 / Sq Ft
04/21/2016 04/21/16 Sold $230,000 0.0% $127 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/14/2016 01/14/16 Off Market $230,000 -- --
11/23/2015 11/23/15 Pending -- -- --
10/30/2015 10/30/15 Price Changed $240,000 -2.0% $132 / Sq Ft
10/19/2015 10/19/15 For Sale $245,000 -- $135 / 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 $8,445 $472,700 $175,600 $297,100
2024 $8,320 $217,700 $69,700 $148,000
2023 $8,320 $217,700 $69,700 $148,000
2022 $8,114 $217,700 $69,700 $148,000
2021 $7,992 $217,700 $69,700 $148,000
2020 $7,807 $217,700 $69,700 $148,000
2019 $7,637 $217,700 $69,700 $148,000
2018 $7,563 $217,700 $69,700 $148,000
2017 $7,463 $217,700 $69,700 $148,000
2016 $7,269 $217,700 $69,700 $148,000
2015 $7,053 $217,700 $69,700 $148,000
2014 $6,858 $217,700 $69,700 $148,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2024454

Bright MLS

APN: 12-00008-0000-00006-03