$64,000
SOLD DEC 7, 2018

406 Wheatley Ave Beverly, NJ 08010

2 Beds
1 Bath
746 Sq Ft
9,030 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

10% Below List Price

19 Days on Market

Highlights

  • Rambler Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of May 2019

Now available 10/3/18 H U D #351-668509 is now on the market at today's incredible low price of $71,000,000 for all owner occupants for the first 15 days.Bid deadline is 10/12/2018 at 11:59PM CT and daily thereafter until sold.Fantastic new offering on this H U D owned AINGLE RANCH HOME in BEVERLY.NJ.This super home is classified as IE-INSURED w/escrow repairs.FHA203-K eligible.Loans to QUALIFIED CLIENTS .$100 down payment program avail.This property will be sold to the highest acceptable bidder.Property being sold AS IS."EQUAL HOUSING OPPORTUNITY" Mortgage bidders NEED TO have a written pre-APPROV from a recognized lender prior to placing any bid.All cash or conventional mortgages are welcome from those who qualify.H U D does NOT pay any transfer taxes, City VPR's or city C/O's.All at buyers expense.H U D is not involved in any grants or first time PURCHASER programs.Keep in mind,high net bid wins and everyone else loses.For Qualified Buyers there is $100 DOLLARS down payment program on H U D Homes financed with FHA-insured financing to qualified buyers."AS-IS" policy on all H U D HOMES.Sold by electronic bid .See hudhomestore. com. Buyers NEED to verify all information.Please refer to the attached BLB Resources disclosures/addenda.AGTS & CLIENTS MUST READ PRIOR TO PLACING ANY BIDS.FHA 203K ELIGIBLE & does NOT apply to investors.THIS IS NOT A MIS-PRINT.Without a doubt,one the best financing programs ever offered for FHA financing to qualified buyers.If you are currently renting,get out of that apartment & into this fantastic rancher in the Garden State.Less than an hours drive to the Jersey Beaches or New York City.Work in Phila? A short drive to the Tacony-Palmyra, Betsy Ross or Burlington/Bristol Bridges connecting with I-95 & Bucks County.Travel to Center City Philadelphia? Take the close by RIVER LINE light rail that goes to Trenton & Camden/Rutgers with many stops along the way.Built in 1950.LBP.746SF. Today's bargain price is 71,000.Stand in line & take a number.DO NOT m I s s out on this opportunity to own a piece of history & the A M E R I C A N Dream. The Phillies played the Yankees in the 1950 World Series, gas was 18 CENTS a gallon, Howdy Doody was on TV and milk and eggs and chhes were delivered to your front door.Harry Truman was president.

Last Agent to Sell the Property

Ronald Rudolph

Century 21 Advantage Gold-Cherry Hill Listed on: 10/03/2018

Century 21 Advantage Gold-Cherry Hill

Co-Listed By

Hana Lapteff

Century 21 Advantage Gold-Cherry Hill License #1650575

Last Buyer's Agent

Christopher Waaben

Maximum Realty Services License #8838854

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 9,030 Sq Ft Lot
  • Lot Dimensions are 70x129

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 746 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 02-00308-00005

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: Now available 10/3/18 H U D #351-668509 is now on the market at today's incredible low price of $71,000,000 for all owner occupants for the first 15 days.Bid deadline is 10/12/2018 at 11:59PM CT and daily thereafter until sold.Fantastic new offering on this H U D owned AINGLE RANCH HOME in BEVERLY.NJ.This super home is classified as IE-INSURED w/escrow repairs.FHA203-K eligible.Loans to QUALIFIED CLIENTS .$100 down payment program avail.This property will be sold to the highest acceptable bidder.Property being sold AS IS."EQUAL HOUSING OPPORTUNITY" Mortgage bidders NEED TO have a written pre-APPROV from a recognized lender prior to placing any bid.All cash or conventional mortgages are welcome from those who qualify.H U D does NOT pay any transfer taxes, City VPR's or city C/O's.All at buyers expense.H U D is not involved in any grants or first time PURCHASER programs.Keep in mind,high net bid wins and everyone else loses.For Qualified Buyers there is $100 DOLLARS down payment program on H U D Homes financed with FHA-insured financing to qualified buyers."AS-IS" policy on all H U D HOMES.Sold by electronic bid .See hudhomestore. com. Buyers NEED to verify all information.Please refer to the attached BLB Resources disclosures/addenda.AGTS & CLIENTS MUST READ PRIOR TO PLACING ANY BIDS.FHA 203K ELIGIBLE & does NOT apply to investors.THIS IS NOT A MIS-PRINT.Without a doubt,one the best financing programs ever offered for FHA financing to qualified buyers.If you are currently renting,get out of that apartment & into this fantastic rancher in the Garden State.Less than an hours drive to the Jersey Beaches or New York City.Work in Phila? A short drive to the Tacony-Palmyra, Betsy Ross or Burlington/Bristol Bridges connecting with I-95 & Bucks County.Travel to Center City Philadelphia? Take the close by RIVER LINE light rail that goes to Trenton & Camden/Rutgers with many stops along the way.Built in 1950.LBP.746SF. Today's bargain price is 71,000.Stand in line & take a number.DO NOT m I s s out on this opportunity to own a piece of history & the A M E R I C A N Dream. The Phillies played the Yankees in the 1950 World Series, gas was 18 CENTS a gallon, Howdy Doody was on TV and milk and eggs and chhes were delivered to your front door.Harry Truman was president.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 746
  • Living Area Sq Ft: 746
  • Net Sq Ft: 746.00
  • Price Per Sq Ft: 95.17
  • Above Grade Finished Sq Ft: 746
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 406

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966

Lot Info

  • Improvement Assessed Value: 67800.00
  • Land Assessed Value: 43300.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 70X129
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9030.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1596683
  • Tax Annual Amount: 5001.00
  • Assessor Parcel Number: 02-00308-00005
  • Tax Lot: 00005
  • Tax Year: 2017
  • Close Date: 12/07/2018

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 23, 2019
Sold by
Edwal Investments Llc
Bought by
Trout Kevin
Seller's Agent
Christopher Waaben
Maximum Realty Services
Buyer's Agent
Michelle Carite
Weichert Realtors - Moorestown
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$245,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,302
Avg. Annual Appreciation
12.01%
Original Mortgage
$122,735
Outstanding Balance
$111,234
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$141,603

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 5, 2018
Sold by
Secretary Of Housing & Urban Development
Bought by
Edwal Investments Llc
Seller's Agent
Ronald Rudolph
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Christopher Waaben
Maximum Realty Services
List Price
$71,000
Sold Price
$64,000
Premium/Discount to List
-$7,000
-9.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
357.88%
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2018
Sold by
Freedom Mortgage Corp
Bought by
Secretary Of Hud Of Washington D C

Purchase Details

Closed on
Jul 24, 2018
Sold by
Freedom Mortgage Corporation
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 11, 2018
Sold by
Thomas Gina N and Iacovelli John M
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Jan 25, 2016
Sold by
Iacovelli John M
Bought by
Thomas Gina N

Purchase Details

Closed on
Oct 29, 2014
Sold by
Iacovelli John M and Karamanoogian Gina N
Bought by
Iacovelli John M and Thomas Gina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,360
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2007
Sold by
Brooks Richard G
Bought by
Iacovelli John M and Karamanoogian Gina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,578
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2004
Sold by
Simmons Theresa A
Bought by
Brooks Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,264
Interest Rate
5.83%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2003
Sold by
Lalone Charles
Bought by
Simmons Theresa A

Purchase Details

Closed on
Jul 20, 1995
Sold by
Lalone Martha
Bought by
Lalone Charles and Lalone Martha
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 Type Sale Price Title Company
Deed $125,000 Surety Title Company
Special Warranty Deed $64,000 Trident Abstract Ttl Agcy Ll
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed -- None Available
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Hunter Title Agency Inc
Bargain Sale Deed $162,000 United Title & Abstract
Bargain Sale Deed $110,500 Congress Title Corp
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $122,735 FHA
Previous Owner $80,000 Purchase Money Mortgage
Previous Owner $140,360 FHA
Previous Owner $157,578 FHA
Previous Owner $116,264 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $125,000 -2.0% --
03/01/2019 03/01/19 Price Changed $127,500 -1.8% --
02/04/2019 02/04/19 For Sale $129,900 +103.0% --
12/07/2018 12/07/18 Sold $64,000 -9.9% $86 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $71,000 0.0% $95 / Sq Ft
08/15/2012 08/15/12 Rented $1,200 -20.0% --
07/15/2012 07/15/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $1,500 -- --
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
2024 $5,848 $117,200 $43,300 $73,900
2023 $5,848 $117,200 $43,300 $73,900
2022 $5,921 $117,200 $43,300 $73,900
2021 $5,777 $117,200 $43,300 $73,900
2020 $5,619 $117,200 $43,300 $73,900
2019 $5,188 $111,100 $43,300 $67,800
2018 $5,064 $111,100 $43,300 $67,800
2017 $5,002 $111,100 $43,300 $67,800
2016 $4,932 $111,100 $43,300 $67,800
2015 $4,876 $111,100 $43,300 $67,800
2014 $4,648 $111,100 $43,300 $67,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1008347386

Bright MLS

APN: 02-00308-0000-00005