NOT LISTED FOR SALE

Estimated Value: $150,000 - $268,000

-- Bed
-- Bath
2,056 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 28, 2015

Last sale price $75,000 $36 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,500/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of February 2015

Three story 2 unit apartment house for sale. Property also has large garage with loft on Turpin St. Property was recently renovated with ceramic floors, newer heaters, cabinets and bathrooms. Separate Heat, Hot water, Gas & Electric. Clean & ready to rent two bedroom units, with only minor cosmetic needed. Property offered with adjacent sister house 322 Centre St which provides common area rear courtyard. Property could yield almost 20% cap rate return for new owner

Last Agent to Sell the Property

Christopher Waaben

Maximum Realty Services License #8838854 Listed on: 09/22/2014

Last Buyer's Agent

Kim Thompson

Harkes Realty and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,710

Year Built

  • Built in 1907

Lot Details

  • 2,625 Sq Ft Lot
  • Lot Dimensions are 18x150

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,056 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $2,710

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 11-10304-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,710

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1907
  • Remarks Public: Three story 2 unit apartment house for sale. Property also has large garage with loft on Turpin St. Property was recently renovated with ceramic floors, newer heaters, cabinets and bathrooms. Separate Heat, Hot water, Gas & Electric. Clean & ready to rent two bedroom units, with only minor cosmetic needed. Property offered with adjacent sister house 322 Centre St which provides common area rear courtyard. Property could yield almost 20% cap rate return for new owner
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2056
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 38.42
  • Above Grade Finished Sq Ft: 2056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606

Lot Info

  • Improvement Assessed Value: 38900.00
  • Land Assessed Value: 8600.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 18X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2625.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2155258
  • Tax Annual Amount: 2710.00
  • Assessor Parcel Number: 11-10304-00014
  • Tax Lot: 00014
  • Tax Year: 2014
  • Close Date: 02/28/2015

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2016
Sold by
Beach Development
Bought by
Lavalle Nicole
Current Estimated Value
$212,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$345,283
Interest Rate
4.03%
Estimated Equity
-$137,026

Purchase Details

Listed on
Sep 22, 2014
Closed on
Jan 29, 2015
Sold by
Parmus One Llc
Bought by
Michales Chucky
Seller's Agent
Christopher Waaben
Maximum Realty Services
Buyer's Agent
Kim Thompson
Harkes Realty and Associates
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$56,250
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2010
Sold by
Sonis Grigoriy
Bought by
Parnus One Llc

Purchase Details

Closed on
Nov 13, 2009
Sold by
Mendez Aida Yales
Bought by
Sonis Grigoriy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2009
Sold by
Mendez Aida Yales and Candelaria Genaro
Bought by
Mendez Aida Yales
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
Lavalle Nicole -- --
Michales Chucky $75,000 None Available
Parnus One Llc -- Insignia Title & Abstract Ll
Sonis Grigoriy $65,000 Insignia Title & Abstract
Mendez Aida Yales -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavalle Nicole $417,000
Closed Lavalle Nicole --
Previous Owner Michales Chucky $56,250
Previous Owner Sonis Grigoriy $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2015 02/28/15 Sold $75,000 -5.1% $36 / Sq Ft
12/06/2014 12/06/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $79,000 -- $38 / 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 $4,386 $75,600 $5,600 $70,000
2024 $4,209 $75,600 $5,600 $70,000
2023 $4,209 $75,600 $5,600 $70,000
2022 $4,126 $75,600 $5,600 $70,000
2021 $4,198 $75,600 $5,600 $70,000
2020 $4,184 $75,600 $5,600 $70,000
2019 $4,117 $75,600 $5,600 $70,000
2018 $3,941 $75,600 $5,600 $70,000
2017 $3,746 $75,600 $5,600 $70,000
2016 $3,762 $65,400 $8,600 $56,800
2015 $2,723 $47,500 $8,600 $38,900
2014 $2,710 $47,500 $8,600 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003091228

Bright MLS

APN: 11-10304-0000-00014