NOT LISTED FOR SALE

405 Velde Ave Pennsauken, NJ 08110

Estimated Value: $239,000 - $265,000

2 Beds
1 Bath
1,054 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2018

Last sale price $37,235 $35 Per Sq Ft

Est. 590% increase in value since last sale

Current estimated payment $1,693 / mo

120 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Bungalow
  • Heating System Uses Gas

About This Home

As of October 2018

PRICE REDUCED - HUD Home. Year Built 1928, LBP is required for all properties built before 1978. Sold "AS IS" by elec. bid only. Prop avail 08/07/2018. Bids due daily by 11:59 PM Central Time until sold. FHA Case #351-433775. Insured w Escrow Repairs. Eligible for FHA 203K. Financing Terms: FHA 203K, FHA 203B, Cash or Conventional Finance. With a little elbow grease this spacious corner bungalow with full basement, large yard and rear deck can be your home. Close to schools, parks, shopping and industry jobs. Don't miss out on the opportunity. Buyer to verify all information prior to bidding. Go to website for more information or to place a bid. Buyer is responsible for their own investigative information on SqFt of home, Room Sizes, Bathroom counts, taxes and all other information regarding this home. This home is a AS-IS Sale with buyer being responsible for all inspections and repairs including CO and other township inspections. Availability and status of sale type are subject to change at any time. This home is currently available for $100.00 Total Down Payment if purchased with FHA Insured loan. $100.00 Down Payment is a Limited time opportunity. Buyer must be an owner occupant purchaser. Buyer choses their own lender. HUD will now also allow this home to go FHA 203b with the buyer permitted to escrow their own funds up to $10,000.00 for repairs to meet Minimum Property Standards in place of financing repairs under 203k. For Limited time HUD is giving a $500 Selling Broker Bonus for FHA 203K Sales. See attached addendum & Disclosures.

Last Agent to Sell the Property

Kevin Wallace

(856) 857-1800 kwallace@mlsdirectrealtors.com MLS Direct License #RM422746 Listed on: 04/11/2018

Last Buyer's Agent

Steve Haas

(856) 857-1800 steve@northernreo.com MLS Direct

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55x100

Parking

  • 2 Open Parking Spaces

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Delair Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 27-01319-00001

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

5,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Net Sq Ft: 1054.00
  • Price Per Sq Ft: 38.43
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Improvement Assessed Value: 61600.00
  • Land Assessed Value: 33100.00
  • Lot Size Acres: 0.13
  • Lot Dimensions: 55X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5500.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1906165
  • Tax Annual Amount: 3425.00
  • Assessor Parcel Number: 27-01319-00001
  • Tax Lot: 00001
  • Tax Year: 2017

MLS Schools

  • School District Name: PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Paramo Mauricio
Bought by
Paramo Property Management Llc
Current Estimated Value
$256,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$95,074
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,795

Purchase Details

Listed on
Apr 11, 2018
Closed on
Sep 25, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Paramo Mauricio
Seller's Agent
Kevin Wallace
MLS Direct
Buyer's Agent
Steve Haas
MLS Direct
List Price
$40,500
Sold Price
$37,235
Premium/Discount to List
-$3,265
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.89%

Purchase Details

Closed on
Oct 17, 2016
Sold by
Marks Kelly A
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Jan 10, 2003
Sold by
Mann Michael W
Bought by
Marks Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,315
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Paramo Property Management Llc -- Surety Title Co
Paramo Mauricio $37,235 Core Title
Secretary Of Housing And Urban Dev -- None Available
Marks Kelly $71,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Paramo Property Management Llc $108,750
Previous Owner Marks Kelly $65,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $37,235 -8.1% $35 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $40,500 0.0% $38 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/20/2018 07/20/18 Price Changed $40,500 -10.0% $38 / Sq Ft
06/27/2018 06/27/18 For Sale $45,000 0.0% $43 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $45,000 0.0% $43 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $45,000 -- $43 / Sq Ft
Source: Bright MLS

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 $3,878 $170,700 $51,000 $119,700
2024 $4,153 $97,300 $33,100 $64,200
2023 $4,153 $97,300 $33,100 $64,200
2022 $3,755 $97,300 $33,100 $64,200
2021 $3,856 $97,300 $33,100 $64,200
2020 $3,454 $97,300 $33,100 $64,200
2019 $3,401 $94,700 $33,100 $61,600
2018 $3,419 $94,700 $33,100 $61,600
2017 $3,425 $94,700 $33,100 $61,600
2016 $3,364 $94,700 $33,100 $61,600
2015 $3,464 $94,700 $33,100 $61,600
2014 $3,332 $59,900 $15,500 $44,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000389904

Bright MLS

APN: 27-01319-0000-00001

Your Personal Tour Guide

Ask me questions while you tour the home.