NOT LISTED FOR SALE

Estimated Value: $313,000 - $365,000

-- Bed
-- Bath
2,184 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $243,000 $111 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,275/month

Highlights

  • Attic
  • No HOA
  • Ceramic Tile Flooring
  • 2 Fireplaces
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Don’t miss out on an opportunity to own a great income generating duplex in Gloucester Twp. This one won’t last long. The upper unit has three bedrooms and one bath. As you walk into the upper unit, you’ll see the gorgeous kitchen right across the hallway. It includes granite counter tops, beautiful cabinets, backsplash, and a tiled floor that runs into the dining area. The Vaulted ceiling gives the living room an open feel. The lower unit has two spacious bedrooms with plenty of closet space. New owner will be responsible for taking over solar loans. The total annual income is $34,380 which includes an additional 200 monthly for SREC’s (Solar renewable energy credits).

Last Agent to Sell the Property

Esaias Hullex

(856) 207-3973 ehullex@kw.com EXP Realty, LLC Listed on: 06/19/2021

EXP Realty, LLC

Co-Listed By

Larry Steinberg

(609) 405-4111 larrysellsnj@gmail.com Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Eva Ling

(908) 309-0909 eling137@comcast.net Weichert Realtors - Freehold License #SP-9701917

Weichert Realtors - Freehold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,915

Year Built

  • Built in 1980

Lot Details

  • 4,440 Sq Ft Lot
  • Lot Dimensions are 40.00 x 111.00
  • Property is in very good condition

Home Design

  • Duplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Cement Siding

Interior Spaces

  • Walk-In Closet
  • 2,184 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Dining Area
  • Attic

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Washer
  • Gas Dryer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

  • Timber Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2-Story Building
  • Cottage Gate Subdivision

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 15-17405-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,915

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: All personal items
  • Historic: No
  • Home Warranty: No
  • Inclusions: All appliances
  • New Construction: No
  • Expected On Market: 2021-06-19
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Don’t miss out on an opportunity to own a great income generating duplex in Gloucester Twp. This one won’t last long. The upper unit has three bedrooms and one bath. As you walk into the upper unit, you’ll see the gorgeous kitchen right across the hallway. It includes granite counter tops, beautiful cabinets, backsplash, and a tiled floor that runs into the dining area. The Vaulted ceiling gives the living room an open feel. The lower unit has two spacious bedrooms with plenty of closet space. New owner will be responsible for taking over solar loans. The total annual income is $34,380 which includes an additional 200 monthly for SREC’s (Solar renewable energy credits).
  • Special Features: None

Interior Features

  • Appliances: Dryer - Gas, Dishwasher, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Dining Area, Walk-In Closet(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Room Count: 5
  • Basement: No
  • Total Sq Ft: 2184
  • Living Area Sq Ft: 2184
  • Price Per Sq Ft: 108.06
  • Above Grade Finished Sq Ft: 2184
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Cement Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: GLOUCESTER TOWNSHIP PUBLIC SCHOOLS
  • High School: TIMBER CREEK
  • High School Source: 3rd Party
  • School District Key: 300200396973
  • School District Source: 3rd Party
  • High School: TIMBER CREEK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 95000.00
  • Land Assessed Value: 51600.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40.00 x 111.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4440.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Gross Income: 34380.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1873049
  • Tax Annual Amount: 5915.00
  • Assessor Parcel Number: 15-17405-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 2184
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/22/2021

MLS Schools

  • School District Name: GLOUCESTER TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2012
Closed on
Dec 5, 2014
Sold by
Adedotun Oluyemisi O and Akanji Enoch Olawale
Bought by
Hullex Esaias E
Seller's Agent
Toki Koyejo
Compass New Jersey, LLC - Moorestown
Buyer's Agent
Yuki Potter
Real Broker, LLC
List Price
$240,000
Sold Price
$132,800
Premium/Discount to List
-$107,200
-44.67%
Current Estimated Value
$332,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,206
Avg. Annual Appreciation
9.01%
Original Mortgage
$153,188
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2006
Sold by
Jackson Joel J
Bought by
Adedotun Oluyemisi O and Alubankudi Adedayo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.31%

Purchase Details

Closed on
Sep 7, 2001
Sold by
Baumann Albert E
Bought by
Jackson Joel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,276
Interest Rate
6.89%
Source: Public Records

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
Hullex Esaias E $132,800 Core Title
Adedotun Oluyemisi O $219,000 --
Jackson Joel J $104,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hullex Esaias E $143,284
Closed Hullex Esaias $153,001
Closed Hullex Esaias E $153,001
Previous Owner Hullex Esaias E $153,188
Previous Owner Adedotun Oluyemisi O $175,200
Previous Owner Jackson Joel J $103,276
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $243,000 +3.0% $111 / Sq Ft
07/22/2021 07/22/21 For Sale $236,000 0.0% $108 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $236,000 +3.1% $108 / Sq Ft
06/19/2021 06/19/21 For Sale $229,000 +72.4% $105 / Sq Ft
01/29/2015 01/29/15 Sold $132,800 -44.7% $61 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
04/29/2012 04/29/12 For Sale $240,000 -- $110 / 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 $6,260 $146,600 $51,600 $95,000
2024 $6,087 $146,600 $51,600 $95,000
2023 $6,087 $146,600 $51,600 $95,000
2022 $6,049 $146,600 $51,600 $95,000
2021 $5,915 $146,600 $51,600 $95,000
2020 $5,911 $146,600 $51,600 $95,000
2019 $5,789 $146,600 $51,600 $95,000
2018 $5,767 $146,600 $51,600 $95,000
2017 $5,581 $146,600 $51,600 $95,000
2016 $6,400 $171,800 $51,600 $120,200
2015 $5,943 $171,800 $51,600 $120,200
2014 $5,903 $171,800 $51,600 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2000270

Bright MLS

APN: 15-17405-0000-00023