NOT LISTED FOR SALE

Estimated Value: $784,000 - $876,069

-- Bed
-- Bath
3,997 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 20, 2018

Last sale price $450,000 $113 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,556/month

22 Days on Market

Highlights

  • Water Oriented
  • 1.33 Acre Lot
  • No HOA
  • Mary E. Roberts Elementary School Rated A
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of February 2018

Great investment opportunity! This Multi-family home boasts 4 apartment units and one garage that are all currently rented and income-producing. This nearly 4,000 sq ft house has been well maintained and updated throughout the years. Plenty of parking for all 4 apartments on premises. With a private center hallway entrance there are two units on the first level: Unit 1 offers: Living Room with warm inviting fireplace and hardwood floors. Separate bedroom off the LR, with kitchen, wet bar and family room in the lower level. Access to the laundry room and individual storage space is available for all units through the outside as well as this unit. Unit 2 offers: 3 bedrooms, Living room and eat-in kitchen. Unit 3 offers: Living Room, eat-in kitchen, den and two bedrooms. Unit #4 offers: A beautifully remodeled Living Room with beautiful stone fireplace and hardwood flooring, dining area and kitchen, 1 bedroom and storage. It also has an additional upstairs office/bedroom with outdoor deck. 2-car garage is also rented for additional income with plenty of additional storage. The back yard has a sitting area that overlooks the pond feeding into Strawbridge Lake. Plenty of parking for tenants located on premise.

Last Agent to Sell the Property

Christine Dash

Keller Williams Realty - Moorestown Listed on: 12/05/2017

Keller Williams Realty - Moorestown

Co-Listed By

Lynne Gallo

Keller Williams Realty - Moorestown

Last Buyer's Agent

Larry Steinberg

Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,130

Year Built

  • Built in 1919

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 305x190
  • Northeast Facing Home
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 8 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Quadruplex
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 3,997 Sq Ft Home
  • Ceiling Fan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storage In Attic
  • Home Security System

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Outdoor Features

  • Water Oriented
  • Property is near a lake

Schools

  • Moorestown Upper Elementary School
  • Wm Allen Iii Middle School
  • Moorestown High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Radiator
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 22-04707-00001

Community Details

Building Details

  • Income includes laundry
  • Insurance Expense $2,200
  • Maintenance Expense $1,680
  • Other Expense $400
  • Operating Expense $21,325

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,130

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Existing Fixtures And Appliances.
  • New Construction: No
  • Other Expense: 400.00
  • Storage: Basement, Attic, Garage
  • Year Built: 1919
  • Remarks Public: Great investment opportunity! This Multi-family home boasts 4 apartment units and one garage that are all currently rented and income-producing. This nearly 4,000 sq ft house has been well maintained and updated throughout the years. Plenty of parking for all 4 apartments on premises. With a private center hallway entrance there are two units on the first level: Unit 1 offers: Living Room with warm inviting fireplace and hardwood floors. Separate bedroom off the LR, with kitchen, wet bar and family room in the lower level. Access to the laundry room and individual storage space is available for all units through the outside as well as this unit. Unit 2 offers: 3 bedrooms, Living room and eat-in kitchen. Unit 3 offers: Living Room, eat-in kitchen, den and two bedrooms. Unit #4 offers: A beautifully remodeled Living Room with beautiful stone fireplace and hardwood flooring, dining area and kitchen, 1 bedroom and storage. It also has an additional upstairs office/bedroom with outdoor deck. 2-car garage is also rented for additional income with plenty of additional storage. The back yard has a sitting area that overlooks the pond feeding into Strawbridge Lake. Plenty of parking for tenants located on premise.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Laminated
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Common
  • Total Sq Ft: 3997
  • Living Area Sq Ft: 3997
  • Price Per Sq Ft: 119.84
  • Above Grade Finished Sq Ft: 3997
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 437

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco, Stone
  • Exterior Features: Street Lights
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 8
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Annual Heating Expense: 4963.00
  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Radiator, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 996.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: MOORESTOWN UPPER
  • Middle School: WM ALLEN III
  • High School: MOORESTOWN
  • School District Key: 300200396965
  • Elementary School: MOORESTOWN UPPER
  • High School: MOORESTOWN
  • Middle Or Junior School: WM ALLEN III

Lot Info

  • Improvement Assessed Value: 260200.00
  • Land Assessed Value: 172000.00
  • Lot Size Acres: 1.33
  • Lot Dimensions: 305X190
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57950.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 59580.00
  • Income Includes: Laundry
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1686607
  • Tax Annual Amount: 11130.00
  • Assessor Parcel Number: 22-04707-00001
  • Tax Lot: 00001
  • Tax Year: 2017
  • Close Date: 02/20/2018

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Feb 20, 2018
Sold by
Grimme Pamela Orsini and Smith Cecile O
Bought by
Loh Shad
Seller's Agent
Christine Dash
Keller Williams Realty - Moorestown
Buyer's Agent
Larry Steinberg
Keller Williams Realty - Cherry Hill
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Current Estimated Value
$832,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,267
Avg. Annual Appreciation
8.28%
Source: Public Records

Range of Values:

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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
Loh Shad $450,000 Core Title
Loh Shad $450,000 Core Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2018 02/20/18 Sold $450,000 -6.1% $113 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $479,000 -- $120 / 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 $12,262 $432,200 $172,000 $260,200
2024 $11,890 $432,200 $172,000 $260,200
2023 $11,890 $432,200 $172,000 $260,200
2022 $11,769 $432,200 $172,000 $260,200
2021 $11,613 $432,200 $172,000 $260,200
2020 $11,540 $432,200 $172,000 $260,200
2019 $11,337 $432,200 $172,000 $260,200
2018 $11,030 $432,200 $172,000 $260,200
2017 $11,125 $432,200 $172,000 $260,200
2016 $11,086 $432,200 $172,000 $260,200
2015 $10,952 $432,200 $172,000 $260,200
2014 $10,399 $432,200 $172,000 $260,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004273283

Bright MLS

APN: 22-04707-0000-00001