NOT LISTED FOR SALE

Estimated Value: $408,956 - $605,000

4 Beds
2 Baths
2,778 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $231,000 $83 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,922/month

24 Days on Market

Highlights

  • Golf Course Community
  • 2 Car Detached Garage
  • Public Transportation
  • Recreation Facilities
  • Thermal Windows
  • Shops

About This Home

As of January 2021

Two family opportunity in the Cherry Hill area! Set on an oversized fenced lot with two separate garages (one behind house) this property has much to offer. This duplex features two units with 2 beds and 1 bath in each. Featuring a new roof, separate utilities, low maintenance vinyl siding, gas heating systems & lower taxes (taxes include Homestead). Convenient location with quick access to highways, shopping, etc. 1st floor will be vacant at closing. Needs TLC.

Last Agent to Sell the Property

Michael Russo

RI Real Estate Services License #REB.0018125 Listed on: 12/01/2020

RI Real Estate Services

Last Buyer's Agent

Carla Zimmerman

LPT Realty License #RES.0035378

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1948

Lot Details

  • 8,690 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,778 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Water Heater
  • Satellite Dish

Additional Features

  • Outbuilding
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 487
  • Assessor Parcel Number 3234FAIRMOUNTAVJOHN

Community Details

Overview

  • 2 Units
  • Cherry Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Building Details

  • Operating Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,139

Year Built

Built in 1948

Lot Details

8,690 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1995
  • Subdivision Name: Cherry Hill
  • Above Grade Finished Sq Ft: 2778.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1948
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Other
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8690.0
  • Parcel #: 3234FAIRMOUNTAVJOHN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 4139.0
  • Tax Lot: 487
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 22, 2021
Sold by
Beaudoin Donna L and Beaudoin Raymond E
Bought by
Ramirez Enrique
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Carla Zimmerman
LPT Realty
List Price
$249,900
Sold Price
$231,000
Premium/Discount to List
-$18,900
-7.56%
Current Estimated Value
$489,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,239
Avg. Annual Appreciation
15.99%
Original Mortgage
$237,895
Outstanding Balance
$210,369
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$278,870

Purchase Details

Closed on
Jan 11, 2020
Sold by
Horton William and Beaudoin Raymond E
Bought by
Beaudoin Raymond E and Beaudoin Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1992
Sold by
Beaudoin Raymond E
Bought by
Beaudoin Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Ramirez Enrique $231,000 None Available
Ramirez Enrique $231,000 None Available
Beaudoin Raymond E -- None Available
Beaudoin Raymond E -- None Available
Beaudoin Raymond E -- None Available
Beaudoin Raymond E $129,000 --
Beaudoin Raymond E $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Enrique $237,895
Closed Ramirez Enrique $237,895
Previous Owner Beaudoin Raymond E $75,000
Previous Owner Beaudoin Raymond E $77,500
Previous Owner Beaudoin Raymond E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $231,000 -7.6% $83 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $249,900 -- $90 / Sq Ft
Source: State-Wide MLS

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 $4,911 $314,400 $87,900 $226,500
2024 $4,810 $314,400 $87,900 $226,500
2023 $4,810 $314,400 $87,900 $226,500
2022 $4,669 $200,900 $65,100 $135,800
2021 $4,669 $200,900 $65,100 $135,800
2018 $4,341 $157,900 $48,400 $109,500
2016 $5,743 $157,900 $48,400 $109,500
2015 $4,212 $145,300 $48,900 $96,400
2014 $4,177 $145,300 $48,900 $96,400
2013 $4,177 $145,300 $48,900 $96,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1271049

State-Wide MLS

APN: JOHN-000016-000000-000487

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