NOT LISTED FOR SALE

409 W Kings Hwy Mount Ephraim, NJ 08059

Estimated Value: $360,000 - $448,000

-- Bed
-- Bath
1,904 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $310,500 $163 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,920/month

6 Days on Market

Highlights

  • Rambler Architecture
  • Halls are 36 inches wide or more
  • 90% Forced Air Heating System
  • No HOA

About This Home

As of November 2021

Beautiful Income Producing Tri-Plex! Calling all investors, and owner occupants looking to occupy a real money maker. This triplex had a fire in 2019, so everything is brand new from the exterior walls in. This triplex has 3 new electrical panels, 3 new gas hot waters heaters, 2 brand new heaters (1 Newer), all new romex wiring throughout, 3 new kitchens, 3 new bathrooms, full basement. This is a rare opportunity to find a triplex in this condition. The owner has decided not to rent any of the 3 units, although he does currently occupy one of the units. Please schedule your showing online, showings start on April 5th.

Last Agent to Sell the Property

Tammylee Kennedy

KingsGate Realty LLC Listed on: 04/06/2021

Last Buyer's Agent

Tammylee Kennedy

KingsGate Realty LLC Listed on: 04/06/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,056

Year Built

  • Built in 1910 | Remodeled in 2020

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 100.00 x 84.00

Home Design

  • Triplex
  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,904 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces
  • On-Street Parking

Accessible Home Design

  • Halls are 36 inches wide or more

Schools

  • Audubon High School

Utilities

  • Window Unit Cooling System
  • 90% Forced Air Heating System
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00014 02
  • Assessor Parcel Number 25-00074-00014 02

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,056

Year Built

Built in 1910 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: 36"+ Wide Halls
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1910
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Beautiful Income Producing Tri-Plex! Calling all investors, and owner occupants looking to occupy a real money maker. This triplex had a fire in 2019, so everything is brand new from the exterior walls in. This triplex has 3 new electrical panels, 3 new gas hot waters heaters, 2 brand new heaters (1 Newer), all new romex wiring throughout, 3 new kitchens, 3 new bathrooms, full basement. This is a rare opportunity to find a triplex in this condition. The owner has decided not to rent any of the 3 units, although he does currently occupy one of the units. Please schedule your showing online, showings start on April 5th.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1904
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 165.44
  • Above Grade Finished Sq Ft: 1904
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 409

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: MOUNT EPHRAIM BOROUGH PUBLIC SCHOOLS
  • High School: AUDUBON H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396997
  • School District Source: Listing Agent
  • High School: AUDUBON H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 110800.00
  • Land Assessed Value: 37900.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 100.00 x 84.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8400.00
  • Year Assessed: 2020
  • Zoning: MULTI RESIDENTIAL

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 1901109
  • Tax Annual Amount: 7056.00
  • Assessor Parcel Number: 25-00074-00014 02
  • Tax Lot: 00014 02
  • Tax Total Finished Sq Ft: 1904
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/24/2021

MLS Schools

  • School District Name: MOUNT EPHRAIM BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Nov 24, 2021
Sold by
Baker Robert P
Bought by
Schujas Vasilios H
Seller's Agent
Tammylee Kennedy
KingsGate Realty LLC
Buyer's Agent
Tammylee Kennedy
KingsGate Realty LLC
List Price
$315,000
Sold Price
$310,500
Premium/Discount to List
-$4,500
-1.43%
Current Estimated Value
$404,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,344
Avg. Annual Appreciation
6.56%
Original Mortgage
$304,875
Interest Rate
3.22%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2003
Sold by
Baker John P
Bought by
Baker Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,855
Interest Rate
5.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Schujas Vasilios H $310,500 Surety Title
Schujas Vasilios H $310,500 Surety Title
Baker Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schujas Vasilios H $304,875
Previous Owner Baker Robert P $57,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $310,500 -1.4% $163 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $315,000 -- $165 / 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 $8,621 $165,000 $37,900 $127,100
2024 $8,507 $165,000 $37,900 $127,100
2023 $8,507 $165,000 $37,900 $127,100
2022 $8,278 $165,000 $37,900 $127,100
2021 $7,252 $148,700 $37,900 $110,800
2020 $7,056 $148,700 $37,900 $110,800
2019 $6,928 $148,700 $37,900 $110,800
2018 $6,867 $148,700 $37,900 $110,800
2017 $6,766 $148,700 $37,900 $110,800
2016 $6,553 $148,700 $37,900 $110,800
2015 $6,327 $148,700 $37,900 $110,800
2014 $6,419 $95,200 $24,200 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD416564

Bright MLS

APN: 25-00074-0000-00014-02