NOT LISTED FOR SALE

Estimated Value: $362,000 - $513,000

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold July 21, 2023

Last sale price $250,000

Est. 68% increase in value since last sale

Current estimated payment $3,192/month

125 Days on Market

About This Home

As of July 2023

INVESTORS ALERT !!! Multi family 4 units property in Laurel spring, Camden county. Yearly rental income $54000. Separate electric and gas meters. All of them units are tenants occupied and all tenant are now month to month lease unit # D tenants already notified for vacant and all others units are eviction processing. all units are behind the monthly rent. . .Showing not easy and tenants are not co operate , needs 72 hours notice and appointment only. Stairs is old, buyer is responsible of any repairs. Property needs some TLC. Property is being sold AS IS , seller not making repairs or given any credit. If anyone interest to buying sellers all city violation, subject to tenant non payment rent and all repairs , seller will negotiate selling price.

Last Listed By

HARUNOR BHUIYAN

HomeSmart First Advantage Realty - Northfield License #1429972 Listed on: 10/26/2022

HomeSmart First Advantage Realty - Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,304

Year Built

  • Built in 1891

Lot Details

  • 0.34

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Stove
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,304

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 10/27/2022
  • Year Built: 1891
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Basement: 6 Ft. Or More Head Room, Unfinished
  • Other Rooms: Kitchen

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 0.3391

Rental Info

  • Rental Information: Yearly

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jul 11, 2023
Sold by
Broadway Properties Rentals Llc and Broadway Property Rentals Llc
Bought by
Lsnj Group Llc
Seller's Agent
HARUNOR BHUIYAN
HomeSmart First Advantage Realty - Northfield
Buyer's Agent
HARUNOR BHUIYAN
HomeSmart First Advantage Realty - Northfield
List Price
$399,000
Sold Price
$250,000
Premium/Discount to List
-$149,000
-37.34%
Total Days on Market
125
Views
268
Current Estimated Value
$418,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,787
Avg. Annual Appreciation
33.40%
Original Mortgage
$304,080
Interest Rate
6.96%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 29, 2000
Sold by
Federal Housing Administration
Bought by
Volpe Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,100
Interest Rate
8.28%
Mortgage Type
FHA

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
Lsnj Group Llc $250,000 Stewart Title
Lsnj Group Llc $250,000 Stewart Title
Volpe Joseph $105,000 --
Volpe Joseph $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lsnj Group Llc $375,000
Previous Owner Lsnj Group Llc $304,080
Previous Owner Volpe Joseph $104,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $250,000 -28.6% --
02/28/2023 02/28/23 Pending -- -- --
11/09/2022 11/09/22 Price Changed $350,000 -12.3% --
10/26/2022 10/26/22 For Sale $399,000 -- --
Source: South Jersey Shore Regional 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 $10,304 $191,100 $40,400 $150,700
2023 $10,304 $191,100 $40,400 $150,700
2022 $10,140 $191,100 $40,400 $150,700
2021 $10,046 $191,100 $40,400 $150,700
2020 $9,926 $191,100 $40,400 $150,700
2019 $1,003 $191,100 $40,400 $150,700
2018 $9,742 $191,100 $40,400 $150,700
2017 $9,452 $191,100 $40,400 $150,700
2016 $9,010 $120,000 $30,000 $90,000
2015 $8,802 $120,000 $30,000 $90,000
2014 $8,666 $120,000 $30,000 $90,000
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 568470

South Jersey Shore Regional MLS

APN: 20-00007-0000-00001