NOT LISTED FOR SALE

341 N Read Ave Runnemede, NJ 08078

Estimated Value: $218,000 - $254,537

3 Beds
1 Bath
1,142 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $185,000 $162 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,782/month

50 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Hot Water Baseboard Heater
  • 1 Car Detached Garage
  • Central Air

About This Home

As of July 2023

Back on the Market! Personal issues hindered buyer from completing the Transaction! Sitting on a quiet street! 3 bedroom, 1 bath Bungalow. A little sweat equity will produce a nice house. Property has 2 first floor bedrooms, full bath and kitchen. Large living room/dining room combo leading to the kitchen. Large full basement great for storage and a workshop or could be finished for additional living space. Great for the first time buyer looking for a diamond in the rough or investor searching for the next great project. Property being sold as is, where is and the buyer will be responsible for any and all lender or Municipal required inspections and repairs including the CO. Note The Property Is Subject to a 3 Day First Look Period. "Buyer may also responsible to do their own trash out". Seller is now requesting Finance offers be Renovation Financing.

Last Listed By

Thomas Raikes

ERA Statewide Realty-Medford License #346135 Listed on: 03/28/2023

ERA Statewide Realty-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,109

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 79.00 x 0.00
  • Property is in below average condition

Parking

  • 1 Car Detached Garage
  • 4 Driveway Spaces
  • Front Facing Garage

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,142 Sq Ft Home
  • Property has 1.5 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Runnemede Manor Subdivision

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 30-00062-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,109

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-28
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1142
  • Living Area Sq Ft: 1142
  • Price Per Sq Ft: 162.00
  • Above Grade Finished Sq Ft: 1142
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 341

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • 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
  • Senior Community: No

Schools

  • School District: BLACK HORSE PIKE REGIONAL SCHOOLS
  • School District Key: 300200396979
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 79.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5109.00
  • Assessor Parcel Number: 30-00062-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 1142
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/18/2023

MLS Schools

  • School District Name: BLACK HORSE PIKE REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 6, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Perez Abel
Seller's Agent
Thomas Raikes
ERA Statewide Realty-Medford
Buyer's Agent
Thomas Raikes
ERA Statewide Realty-Medford
List Price
$185,000
Sold Price
$185,000
Total Days on Market
50
Views
313
Current Estimated Value
$240,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,884
Avg. Annual Appreciation
15.89%

Purchase Details

Closed on
Mar 17, 2023
Sold by
Sheriff Of The County Of Camden
Bought by
Cascade Funding Mortgage Trust and Commerce Bank Na

Purchase Details

Closed on
May 24, 2007
Sold by
Davis Robert P and Davis Joan M
Bought by
Davis Robert P and Davis Johanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.17%
Mortgage Type
FHA

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
Perez Abel $185,000 None Listed On Document
Cascade Funding Mortgage Trust $207,769 None Listed On Document
Davis Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Robert P $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $185,000 0.0% $162 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $185,000 0.0% $162 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $185,000 -- $162 / 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 $5,278 $120,800 $49,200 $71,600
2023 $5,278 $120,800 $49,200 $71,600
2022 $5,110 $120,800 $49,200 $71,600
2021 $4,395 $120,800 $49,200 $71,600
2020 $4,940 $120,800 $49,200 $71,600
2019 $4,849 $120,800 $49,200 $71,600
2018 $4,756 $120,800 $49,200 $71,600
2017 $4,634 $120,800 $49,200 $71,600
2016 $4,576 $120,800 $49,200 $71,600
2015 $4,089 $120,800 $49,200 $71,600
2014 $4,030 $120,800 $49,200 $71,600
Source: Public Records

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Source: Bright MLS

MLS Number: NJCD2044714

Bright MLS

APN: 30-00062-0000-00011