NOT LISTED FOR SALE

Estimated Value: $136,000 - $253,000

-- Bed
-- Bath
1,472 Sq Ft
$135/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $66,500 $45 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,401/month

34 Days on Market

Highlights

  • 0.06 Acre Lot
  • No HOA
  • 1-minute walk to Grant Ave Playground
  • Traditional Architecture
  • Forced Air Heating System

About This Home

As of May 2020

2 family house close to the police station. Both units occupied. Long term tenant in first floor.We will be holding three showings and all offers are expected by Thursday 2/13/20.Showings are Friday 2/7 from 1pm-2pm, Saturday 2/8 from 11am-12noon and Tuesday 2/11 from 12pm to 1pm. You must sign in with agent when you arrive at the property.

Last Agent to Sell the Property

Roland Pott

SlateHouse Group Property Management Listed on: 01/14/2020

Co-Listed By

Gil Wildridge

SlateHouse Group Property Management

Last Buyer's Agent

Roland Pott

SlateHouse Group Property Management Listed on: 01/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,436

Year Built

  • Built in 1900

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00

Parking

  • On-Street Parking

Home Design

  • 1,472 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 11-01602-00008

Community Details

Overview

  • No Home Owners Association

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,000
  • Gross Income $17,400
  • Net Operating Income $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,436

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: 2 family house close to the police station. Both units occupied. Long term tenant in first floor.We will be holding three showings and all offers are expected by Thursday 2/13/20.Showings are Friday 2/7 from 1pm-2pm, Saturday 2/8 from 11am-12noon and Tuesday 2/11 from 12pm to 1pm. You must sign in with agent when you arrive at the property.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1472
  • Living Area Sq Ft: 1472
  • Price Per Sq Ft: 40.08
  • Above Grade Finished Sq Ft: 1472
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: RB RESIDENTIAL

Rental Info

  • Existing Lease Type: Modified Gross
  • Owner Pays: Water
  • Total Actual Rent: 17400.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 17400.00
  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 2147848
  • Tax Annual Amount: 3436.00
  • Assessor Parcel Number: 11-01602-00008
  • Tax Year: 2018
  • Close Date: 05/01/2020

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
May 1, 2020
Sold by
Gerrard Peter
Bought by
Grand Real Estate Mangagement Llc
Seller's Agent
Roland Pott
SlateHouse Group Property Management
Buyer's Agent
Roland Pott
SlateHouse Group Property Management
List Price
$59,000
Sold Price
$66,500
Premium/Discount to List
$7,500
12.71%
Current Estimated Value
$198,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,361
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Jun 23, 2015
Sold by
Gage Bruce
Bought by
Cerrard Peter

Purchase Details

Closed on
Mar 27, 1996
Sold by
Park Herman
Bought by
Gage Bruce

Purchase Details

Closed on
Jul 24, 1995
Sold by
Gage Bruce
Bought by
Park Herman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grand Real Estate Mangagement Llc $66,500 Fortune Title Agency Inc
Cerrard Peter $60,000 None Available
Gage Bruce $40,000 --
Park Herman $65,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Herman $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $66,500 +12.7% $45 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $59,000 -11.3% $40 / Sq Ft
01/18/2020 01/18/20 Off Market $66,500 -- --
01/14/2020 01/14/20 For Sale $59,000 -- $40 / 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 $3,823 $65,900 $3,400 $62,500
2024 $3,669 $65,900 $3,400 $62,500
2023 $3,669 $65,900 $3,400 $62,500
2022 $3,597 $65,900 $3,400 $62,500
2021 $3,659 $65,900 $3,400 $62,500
2020 $3,648 $65,900 $3,400 $62,500
2019 $3,589 $65,900 $3,400 $62,500
2018 $3,435 $65,900 $3,400 $62,500
2017 $3,265 $65,900 $3,400 $62,500
2016 $2,572 $44,700 $6,100 $38,600
2015 $2,563 $44,700 $6,100 $38,600
2014 $2,551 $44,700 $6,100 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJME290292

Bright MLS

APN: 11-01602-0000-00008