NOT LISTED FOR SALE

Estimated Value: $79,842

2 Beds
1 Bath
600 Sq Ft
$133/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $70,000 $117 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $600/month

114 Days on Market

Highlights

  • No HOA
  • Bungalow
  • 90% Forced Air Heating System
  • Living Room

About This Home

As of April 2024

Adorable bungalow in the heart of Salem! Long term month to month tenant who would like to stay if possible. This is a really cute little house, can be a starter home or investment property. Current tenant pays $875 a month in rent, tenant pays all utilities aside from water.Floors, bathroom and kitchen all updated by current owners.

Last Listed By

Tami Dimmerman

HomeSmart Nexus Realty Group - Newtown License #RSS335769 Listed on: 11/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1950

Lot Details

  • 3,598 Sq Ft Lot
  • Lot Dimensions are 30.00 x 120.00

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Frame Construction

Interior Spaces

  • 600 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 13-00070-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,796

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Adorable bungalow in the heart of Salem! Long term month to month tenant who would like to stay if possible. This is a really cute little house, can be a starter home or investment property. Current tenant pays $875 a month in rent, tenant pays all utilities aside from water. Floors, bathroom and kitchen all updated by current owners.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 600
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 125.00
  • Above Grade Finished Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36

Beds/Baths

  • Bedrooms: 2
  • 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • 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: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3598.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1796.00
  • Assessor Parcel Number: 13-00070-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
May 9, 2024
Sold by
New Age Realty 1 Inc
Bought by
Wolf Brothers Properties Llc
Seller's Agent
Tami Dimmerman
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Janie McCormick
Weichert Realtors-Turnersville
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Total Days on Market
114
Views
261
Current Estimated Value
$79,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,842
Avg. Annual Appreciation
13.62%
Original Mortgage
$52,000
Outstanding Balance
$51,506
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$28,336

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 18, 2021
Sold by
Seabra Antonio and Virdi Rahul
Bought by
New Age Relaty 1 Inc
Seller's Agent
Tami Dimmerman
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Tami Dimmerman
HomeSmart Nexus Realty Group - Newtown
List Price
$28,900
Sold Price
$28,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.28%

Purchase Details

Closed on
Aug 5, 2020
Sold by
Lairson Louis J and Lairson Christopher M
Bought by
Seabra Antonio and Virdi Rahul

Purchase Details

Closed on
Dec 15, 1998
Sold by
Farmers & Merchants Natl Bank Bridgeton
Bought by
Lairson Louis J and Lairson Christopher M

Purchase Details

Closed on
Apr 28, 1995
Sold by
Nespoli Arthur and Volk Valerie
Bought by
Woodside Todd D

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
Wolf Brothers Properties Llc $70,000 Weichert Title
New Age Relaty 1 Inc $28,900 Foundation Title Llc
Seabra Antonio $10,000 American Title Abstract Corp
Lairson Louis J $33,500 Intercoastal Title Agency In
Woodside Todd D $3,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Brothers Properties Llc $52,000
Previous Owner Lairson Louis $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $70,000 -6.7% $117 / Sq Ft
04/04/2024 04/04/24 For Sale $75,000 0.0% $125 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $75,000 0.0% $125 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $75,000 -6.3% $125 / Sq Ft
12/19/2023 12/19/23 Price Changed $80,000 -15.8% $133 / Sq Ft
11/14/2023 11/14/23 For Sale $95,000 +228.7% $158 / Sq Ft
10/06/2021 10/06/21 Sold $28,900 0.0% $48 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $28,900 +20.4% $48 / Sq Ft
09/01/2021 09/01/21 Sold $24,000 -15.8% $40 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $28,500 -32.1% $48 / Sq Ft
05/31/2021 05/31/21 For Sale $42,000 0.0% $70 / Sq Ft
09/01/2018 09/01/18 Rented $650 0.0% --
08/24/2018 08/24/18 Under Contract -- -- --
07/05/2018 07/05/18 For Rent $650 0.0% --
03/09/2018 03/09/18 Rented $650 0.0% --
03/09/2018 03/09/18 Under Contract -- -- --
12/14/2017 12/14/17 For Rent $650 0.0% --
07/01/2017 07/01/17 Rented $650 -18.8% --
06/15/2017 06/15/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $800 0.0% --
05/01/2016 05/01/16 Rented $800 -5.9% --
04/18/2016 04/18/16 Under Contract -- -- --
10/27/2015 10/27/15 For Rent $850 -- --
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 $1,879 $23,900 $7,700 $16,200
2023 $1,879 $23,900 $7,700 $16,200
2022 $1,797 $23,900 $7,700 $16,200
2021 $1,735 $23,900 $7,700 $16,200
2020 $1,700 $23,900 $7,700 $16,200
2019 $1,689 $23,900 $7,700 $16,200
2018 $1,652 $23,900 $7,700 $16,200
2017 $1,632 $23,900 $7,700 $16,200
2016 $1,903 $48,600 $16,100 $32,500
2015 $1,879 $48,600 $16,100 $32,500
2014 $1,869 $48,600 $16,100 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2009400

Bright MLS

APN: 13-00070-0000-00017