$225,000
SOLD SEP 3, 2024

31 S Myrtle St Vineland, NJ 08360

-- Bed
-- Bath
1,396 Sq Ft
10,202 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

15% Above List Price

2 Days on Market

About This Home

As of September 2024

Great Investment property! Fully rented duplex in Vineland. Public water and sewer.
Downstairs unit has 2 bedrooms 1 bathroom and the upstairs unit has 1 bedroom and 1 bathroom. Upstairs unit has recently been completely re-done.

Last Agent to Sell the Property

Andrea Chait

Collini Real Estate LLC Listed on: 08/10/2024

Collini Real Estate LLC

Last Buyer's Agent

Michael DePalma

DePalma Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1890

Lot Details

  • 10,202 Sq Ft Lot
  • Lot Dimensions are 50.00 x 204.00

Parking

  • Driveway

Home Design

  • 1,396 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 14-04202-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,669

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: Great Investment property! Fully rented duplex in Vineland. Public water and sewer. Downstairs unit has 2 bedrooms 1 bathroom and the upstairs unit has 1 bedroom and 1 bathroom. Upstairs unit has recently been completely re-done.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1396
  • Living Area Sq Ft: 1396
  • Price Per Sq Ft: 139.68
  • Above Grade Finished Sq Ft: 1396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 31

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: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.23
  • Lot Dimensions: 50.00 x 204.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10202.00
  • Year Assessed: 2023
  • Zoning: 02

Rental Info

  • Existing Lease Type: Yearly
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3669.00
  • Assessor Parcel Number: 14-04202-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 1396
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/03/2024

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Sep 12, 2024
Sold by
Chr10 Llc
Bought by
Sg Re Holdings Llc
Seller's Agent
Andrea Chait
Collini Real Estate LLC
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$195,000
Sold Price
$225,000
Premium/Discount to List
$30,000
15.38%
Total Days on Market
2
Views
30
Current Estimated Value
$225,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44
Avg. Annual Appreciation
-1.53%
Original Mortgage
$360,000
Outstanding Balance
$358,346
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$135,902

Purchase Details

Closed on
May 17, 2021
Sold by
Community Hm Rntls Llc
Bought by
Chr10 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Lovecchio Salvatore A
Bought by
Scarpa Robert V
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Pittman Title & Escrow
Warranty Deed $90,000 None Available
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $114,000 Purchase Money Mortgage
Previous Owner $90,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $225,000 +15.4% $161 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $195,000 0.0% $140 / Sq Ft
11/12/2020 11/12/20 Rented $925 0.0% --
09/22/2020 09/22/20 Off Market $925 -- --
09/16/2020 09/16/20 For Rent $925 -- --
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 $3,693 $116,000 $25,900 $90,100
2023 $3,669 $116,000 $25,900 $90,100
2022 $3,560 $116,000 $25,900 $90,100
2021 $3,495 $116,000 $25,900 $90,100
2020 $3,395 $116,000 $25,900 $90,100
2019 $3,349 $116,000 $25,900 $90,100
2018 $3,261 $116,000 $25,900 $90,100
2017 $3,097 $116,000 $25,900 $90,100
2016 $2,988 $116,000 $25,900 $90,100
2015 $2,878 $116,000 $25,900 $90,100
2014 $2,721 $116,000 $25,900 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2019740

Bright MLS

APN: 14-04202-0000-00017