NOT LISTED FOR SALE

40 Edwin Ave Trenton, NJ 08610

Estimated Value: $311,000 - $373,000

3 Beds
1 Bath
1,308 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $110,000 $84 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,197/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Deck

About This Home

As of September 2019

H.U.D. Home. Re-List Available 6.8.19. Bid deadline: Daily by 11:59 PM Central Time until sold. Year Built: 1951, Lot Size: 11,250.00. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,308, as per appraiser. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bidonly. LBP. ************************************** Wow! This Cape Cod sits on a quiet street where pride of ownership definitely shows. Tremendous potential awaits the next purchaser with its fenced yard, huge rear deck, paved wrap around driveway, fireplace, and finished Master Suite located on the second floor. Main floor features two bedrooms, tiled bath, and dining room which shares a convenient chef's choice kitchen for intimate dinner conversations, pass throughs to your rear deck for special sips, outdoor recreational smokes, or a perched view of your lushly landscaped quarter acre lot. Cemented basement with a newer high efficiency gas furnace, complement and add to the value that already awaits. These types of properties are becoming highly sought after in this area, so bid early and often for your best chance to snag this incredible deal! ************************************** Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Has a heating oil storage tank located in the basement. Any required system repairs will be the buyer's expense. ************************************** Repairs: Damaged window, Defective paint. ************************************** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants, and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.

Last Agent to Sell the Property

Eric McRoy

(609) 510-0584 emcroy1@gmail.com EveryHome Realtors License #0678599 Listed on: 05/22/2019

EveryHome Realtors

Last Buyer's Agent

Gino N. Hernandez

(609) 815-5979 gino.n.hernandez@gmail.com Keller Williams Premier License #0900110

Keller Williams Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75.00 x 150.00

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,308 Sq Ft Home
  • Property has 2 Levels
  • Basement with some natural light

Bedrooms and Bathrooms

  • 1 Full Bathroom

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 03-02126-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,753

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1951
  • Remarks Public: H.U.D. Home. Re-List Available 6.8.19. Bid deadline: Daily by 11:59 PM Central Time until sold. Year Built: 1951, Lot Size: 11,250.00. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,308, as per appraiser. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bidonly. LBP. ************************************** Wow! This Cape Cod sits on a quiet street where pride of ownership definitely shows. Tremendous potential awaits the next purchaser with its fenced yard, huge rear deck, paved wrap around driveway, fireplace, and finished Master Suite located on the second floor. Main floor features two bedrooms, tiled bath, and dining room which shares a convenient chef's choice kitchen for intimate dinner conversations, pass throughs to your rear deck for special sips, outdoor recreational smokes, or a perched view of your lushly landscaped quarter acre lot. Cemented basement with a newer high efficiency gas furnace, complement and add to the value that already awaits. These types of properties are becoming highly sought after in this area, so bid early and often for your best chance to snag this incredible deal! ************************************** Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Has a heating oil storage tank located in the basement. Any required system repairs will be the buyer's expense. ************************************** Repairs: Damaged window, Defective paint. ************************************** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants, and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room Count: 6
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Total Sq Ft: 1308
  • Living Area Sq Ft: 1308
  • Price Per Sq Ft: 76.45
  • Above Grade Finished Sq Ft: 1308
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

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: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: HAMILTON TOWNSHIP
  • School District Key: 300200396172
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 100900.00
  • Land Assessed Value: 34600.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2100389
  • Tax Annual Amount: 4753.00
  • Assessor Parcel Number: 03-02126-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 09/27/2019

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Sep 25, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Rodriguez Rafael Espinal
Seller's Agent
Eric McRoy
EveryHome Realtors
Buyer's Agent
Gino N. Hernandez
Keller Williams Premier
List Price
$100,000
Sold Price
$110,000
Premium/Discount to List
$10,000
10%
Current Estimated Value
$337,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,838
Avg. Annual Appreciation
20.27%
Original Mortgage
$133,194
Outstanding Balance
$118,410
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$219,428

Purchase Details

Closed on
Sep 25, 2018
Sold by
Lakeview Loan Servicing Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 11, 2018
Sold by
Andrews Lobo U
Bought by
Lakeview Loan Servicing

Purchase Details

Closed on
Jul 30, 2013
Sold by
Winnick Stanley
Bought by
Andrews Lobo U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,274
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2012
Sold by
Mccrane Gloria T and Saxton Kathleen
Bought by
Winnick Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.36%
Mortgage Type
Credit Line Revolving
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
Rodriguez Rafael Espinal $110,000 Emerald Title Agency
Secretary Of Housing & Urban Development -- Servicelink Co Default Ttl
Lakeview Loan Servicing -- None Available
Andrews Lobo U $144,900 Core Title
Winnick Stanley $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rafael Espinal $133,194
Previous Owner Andrews Lobo U $142,274
Previous Owner Winnick Stanley $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $110,000 +10.0% $84 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/08/2019 06/08/19 For Sale $100,000 0.0% $76 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $100,000 -- $76 / 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 $4,934 $140,000 $39,100 $100,900
2024 $4,624 $140,000 $39,100 $100,900
2023 $4,624 $140,000 $39,100 $100,900
2022 $4,551 $140,000 $39,100 $100,900
2021 $5,632 $140,000 $39,100 $100,900
2020 $5,128 $140,000 $39,100 $100,900
2019 $4,977 $140,000 $39,100 $100,900
2018 $4,753 $135,500 $34,600 $100,900
2017 $4,542 $135,500 $34,600 $100,900
2016 $3,664 $135,500 $34,600 $100,900
2015 $4,923 $94,500 $28,800 $65,700
2014 $4,858 $94,500 $28,800 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME279240

Bright MLS

APN: 03-02126-0000-00009