NOT LISTED FOR SALE

309 Vine St Unit 11 Delanco, NJ 08075

Delanco Neighborhood

Estimated Value: $377,000 - $535,000

-- Bed
-- Bath
3,220 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $380,000 $118 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,194/month

9 Days on Market

About This Home

As of May 2023

Four-Unit Multifamily Property in a great neighborhood! Two 1-bedroom downstairs units and two 2-bedroom upstairs units. Fully occupied with long-term tenants on month-to-month leases. Tenants are willing to stay. New owner may have the opportunity to earn more rent based on current market rates. Tenants pay their own heat and electricity. The $3900 listed in Other Expenses paid by the seller is for sewer and water. Property being sold "as is". Buyer is responsible for all certifications/inspections. Appliances included are being sold "as is" also. Included are 4 ranges, 2 refrigerators, 2 washers and 2 dryers.
Seller Disclosure is attached to this listing.

Last Agent to Sell the Property

Kim Taliaferro

HomeSmart First Advantage Realty License #9911972 Listed on: 03/27/2023

HomeSmart First Advantage Realty

Last Buyer's Agent

Jeffrey Fagerstrom

Sweet Pea Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,760

Year Built

  • Built in 1900

Lot Details

  • 6,350 Sq Ft Lot
  • Lot Dimensions are 50.00 x 127.00
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • 3,220 Sq Ft Home
  • Quadruplex
  • Block Foundation
  • Frame Construction

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, pest control, repairs, sewer, water, real estate taxes
  • Tax Lot 00009
  • Assessor Parcel Number 09-01302-00009

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,800
  • Maintenance Expense $2,000
  • Other Expense $3,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,760

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 3900.00
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3220
  • Living Area Sq Ft: 3220
  • Price Per Sq Ft: 116.46
  • Above Grade Finished Sq Ft: 3220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 309 - 311

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • 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: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396961
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 127.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6350.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: R-6

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Insurance, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Water, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 8760.00
  • Assessor Parcel Number: 09-01302-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 3220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/25/2023

MLS Schools

  • School District Name: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 25, 2023
Sold by
Big Edge Properties Llc
Bought by
Strom Property Holdings Llc
Seller's Agent
Kim Taliaferro
HomeSmart First Advantage Realty
Buyer's Agent
Jeffrey Fagerstrom
Sweet Pea Realty LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Total Days on Market
9
Views
132
Current Estimated Value
$435,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,763
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Mar 8, 2010
Sold by
Benson Kerry R
Bought by
Big Edge Properties Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Chaouch Adel
Bought by
Benson Kerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Fenimore John E
Bought by
Chaouch Adel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Strom Property Holdings Llc $380,000 First American Title
Big Edge Properties Llc -- None Available
Benson Kerry R $305,000 Presidential Title Agency In
Chaouch Adel L $145,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benson Kerry R $228,750
Previous Owner Chaouch Adel L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $380,000 0.0% $118 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/05/2023 04/05/23 Off Market $380,000 -- --
03/27/2023 03/27/23 For Sale $375,000 -- $116 / 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 $8,967 $254,100 $41,300 $212,800
2023 $8,967 $254,100 $41,300 $212,800
2022 $8,761 $254,100 $41,300 $212,800
2021 $8,733 $254,100 $41,300 $212,800
2020 $8,599 $254,100 $41,300 $212,800
2019 $8,360 $254,100 $41,300 $212,800
2018 $8,192 $254,100 $41,300 $212,800
2017 $8,037 $254,100 $41,300 $212,800
2016 $7,801 $254,100 $41,300 $212,800
2015 $7,671 $254,100 $41,300 $212,800
2014 $7,478 $254,100 $41,300 $212,800
Source: Public Records

Agents Affiliated with this Home

  • Kim Taliaferro

    Seller's Agent in 2023

    Kim Taliaferro

    HomeSmart First Advantage Realty

    (626) 437-7717

    1 in this area

    28 Total Sales

    Kim Taliaferro
    Section Image

  • J

    Buyer's Agent in 2023

    Jeffrey Fagerstrom

    Sweet Pea Realty LLC

    (856) 313-1194

    1 in this area

    4 Total Sales

    Jeffrey Fagerstrom
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL2043456

Bright MLS

APN: 09-01302-0000-00009

New Jersey Burlington County Delanco 08075 Delanco

309 Vine St Unit 11, Delanco, NJ

This home is located at 309 Vine St Unit 11, Delanco, NJ 08075 since 27 March 2023 and is currently estimated at $435,763, approximately $135 per square foot. This property was built in 1900. 309 Vine St Unit 11 is a home located in Burlington County with nearby schools including M. Joan Pearson Elementary School, Walnut Street Middle School, and St. Casimir Elementary School.

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