NOT LISTED FOR SALE

41 N Lecato Ave Audubon, NJ 08106

Estimated Value: $382,000 - $487,000

-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Last Sold December 01, 2015

Last sale price $176,000

Est. 143% increase in value since last sale

Current estimated payment $2,960/month

227 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating System

About This Home

As of December 2015

Spacious 2 family duplex dwelling on large double lot. Separate gas heat and utilities, so tenants pay heat and gas and electric. First floor unit has a large living room with decorative (non-working) fireplace, large dining room, kitchen, bedroom, and bath. There is a large 3 bedroom apartment with living room, dining room, and kitchen on the 2nd and third floors. Both apartments have rear porches. Roof and siding are newer. Both tenants are long term, and are presently on a month to month basis (at below market rent). First floor apartment rent is now $675/mo and its estimated market rent could be approximately $845/mo plus utilities. The second and third floor apartment is now $1025/mo and its estimated market rent could be approximately $1095/mo plus utilities. Newer furnace installed for first floor apt in November 2013. First floor apartment has had recent cosmetic improvements and fresh paint. Live in one unit and benefit from the rent from the other unit. Come and see this attractive 2 family dwelling with great curb appeal on a very large lot. Great investment! Tenants pay utilities!! ***Priced reduced to sell, bring offers**

Last Agent to Sell the Property

E. Guy Elzey

Elzey E G & Son License #8032669 Listed on: 02/07/2015

Last Buyer's Agent

Daniel Mauz

Keller Williams Realty - Washington Township License #0559622

Keller Williams Realty - Washington Township

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1915

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Schools

  • Audubon Jr-Sr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Laundry in unit
  • Partial Basement

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 01-00024-00004

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $2,267
  • Maintenance Expense $2,400
  • Operating Expense $12,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,160

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Basement
  • Year Built: 1915
  • Remarks Public: Spacious 2 family duplex dwelling on large double lot. Separate gas heat and utilities, so tenants pay heat and gas and electric. First floor unit has a large living room with decorative (non-working) fireplace, large dining room, kitchen, bedroom, and bath. There is a large 3 bedroom apartment with living room, dining room, and kitchen on the 2nd and third floors. Both apartments have rear porches. Roof and siding are newer. Both tenants are long term, and are presently on a month to month basis (at below market rent). First floor apartment rent is now $675/mo and its estimated market rent could be approximately $845/mo plus utilities. The second and third floor apartment is now $1025/mo and its estimated market rent could be approximately $1095/mo plus utilities. Newer furnace installed for first floor apt in November 2013. First floor apartment has had recent cosmetic improvements and fresh paint. Live in one unit and benefit from the rent from the other unit. Come and see this attractive 2 family dwelling with great curb appeal on a very large lot. Great investment! Tenants pay utilities!! ***Priced reduced to sell, bring offers**
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit
  • Street Number Modifier: 41

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1411.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • High School: AUDUBON JR-SR
  • School District Key: 300200396982
  • High School: AUDUBON JR-SR

Lot Info

  • Improvement Assessed Value: 90000.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.34
  • Lot Dimensions: 100X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1768296
  • Tax Annual Amount: 6160.00
  • Assessor Parcel Number: 01-00024-00004
  • Tax Lot: 00004
  • Tax Year: 2015
  • Close Date: 12/01/2015

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2015
Closed on
Dec 4, 2015
Sold by
Bull Jacqueline H
Bought by
Sage Jillian R
Seller's Agent
E. Guy Elzey
Elzey E G & Son
Buyer's Agent
Daniel Mauz
Keller Williams Realty - Washington Township
List Price
$199,900
Sold Price
$176,000
Premium/Discount to List
-$23,900
-11.96%
Current Estimated Value
$426,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,937
Avg. Annual Appreciation
8.73%
Original Mortgage
$140,800
Outstanding Balance
$112,054
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$286,205
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
Sage Jillian R $176,000 Dream Home Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sage Jillian R $140,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $176,000 -12.0% --
09/22/2015 09/22/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $199,900 -- --
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 $7,670 $190,000 $100,000 $90,000
2024 $7,416 $190,000 $100,000 $90,000
2023 $7,416 $190,000 $100,000 $90,000
2022 $7,218 $190,000 $100,000 $90,000
2021 $6,918 $190,000 $100,000 $90,000
2020 $6,851 $190,000 $100,000 $90,000
2019 $6,760 $190,000 $100,000 $90,000
2018 $6,677 $190,000 $100,000 $90,000
2017 $6,538 $190,000 $100,000 $90,000
2016 $6,367 $190,000 $100,000 $90,000
2015 $6,160 $190,000 $100,000 $90,000
2014 $8,410 $261,900 $120,000 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002532570

Bright MLS

APN: 01-00024-0000-00004