NOT LISTED FOR SALE

405 E Broad St Millville, NJ 08332

Estimated Value: $112,000 - $198,000

-- Bed
-- Bath
1,384 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $40,000 $29 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $1,065/month

57 Days on Market

Highlights

  • Porch
  • Hot Water Heating System
  • Fenced

About This Home

As of June 2020

Great Investment duplex with tenants already in place. Home is attached to 407 E Broad which is a Single Family Home also for sale by same owner. Property is subject to Short sale terms. Chance to pick up 3 rental units in one purchase

Last Agent to Sell the Property

Charles Miltenberger

Vylla Home - Atlantic City Listed on: 09/17/2019

Last Buyer's Agent

jackie caponi

KELLER WILLIAMS REALTY-WASHINGTON TWP License #1861846

KELLER WILLIAMS REALTY-WASHINGTON TWP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Lot Details

  • Lot Dimensions are 19 x 119
  • Fenced

Home Design

  • Duplex
  • Vinyl Siding

Utilities

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

Additional Features

  • Stove
  • Crawl Space
  • Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 09/19/2019
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Gas Stove, Refrigerator
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Fenced Yard, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination, Screens

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric, Gas

Lot Info

  • Lot Dimensions: 19 x 119

Rental Info

  • Rental Information: Lease Required

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
May 20, 2020
Sold by
Avanzato Salvatore
Bought by
Arc Management Llc
Seller's Agent
Charles Miltenberger
Vylla Home - Atlantic City
Buyer's Agent
jackie caponi
KELLER WILLIAMS REALTY-WASHINGTON TWP
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$153,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,480
Avg. Annual Appreciation
29.77%
Original Mortgage
$56,250
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2012
Sold by
Avanzato Giacomo
Bought by
Avanzato Salvatore and Avanzato Giacomo

Purchase Details

Closed on
Mar 5, 2008
Sold by
Avanzato Salvatore
Bought by
Avanzato Giacomo

Purchase Details

Closed on
Dec 13, 2007
Sold by
Avanzato Giacomo
Bought by
Avanzato Salvatore

Purchase Details

Closed on
Dec 29, 2005
Sold by
Ralph Maione By Atty
Bought by
Avanzato Giacomo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
6.28%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bowen Guy
Bought by
Kinkade Harris
Source: Public Records

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
Arc Management Llc $40,000 None Available
Avanzato Salvatore -- --
Avanzato Giacomo -- --
Avanzato Salvatore -- --
Avanzato Giacomo $116,000 --
Kinkade Harris $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arc Management Llc $790,000
Closed Arc Management Llc $625,000
Previous Owner Arc Management Llc $56,250
Previous Owner Avanzato Giacomo $110,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $40,000 -20.0% $29 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/19/2019 10/19/19 For Sale $50,000 0.0% $36 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $50,000 -- $36 / Sq Ft
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
2025 $2,732 $69,600 $13,000 $56,600
2024 $2,732 $69,600 $13,000 $56,600
2023 $2,709 $69,600 $13,000 $56,600
2022 $2,639 $69,600 $13,000 $56,600
2021 $2,553 $99,900 $13,000 $86,900
2020 $3,603 $99,900 $13,000 $86,900
2019 $3,437 $99,900 $13,000 $86,900
2018 $3,366 $99,900 $13,000 $86,900
2017 $3,335 $99,900 $13,000 $86,900
2016 $3,293 $99,900 $13,000 $86,900
2015 $3,219 $99,900 $13,000 $86,900
2014 -- $99,900 $13,000 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528136

South Jersey Shore Regional MLS

APN: 10-00371-0000-00003