NOT LISTED FOR SALE

44 Union St Mount Holly, NJ 08060

Estimated Value: $260,876 - $339,000

-- Bed
-- Bath
-- Sq Ft
3,996 Sq Ft Lot

Last Sold October 18, 2013

Last sale price $125,000

Est. 130% increase in value since last sale

Current estimated payment $1,984/month

96 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • Rancocas Valley Regional High School Rated A-
  • En-Suite Primary Bedroom

About This Home

As of October 2013

Fully rented duplex with good tenants and room to increase rents. Owner pays water/sewer and common hot water. Newer roof and aluminum siding leaves minimal exterior painting to maintain. Rear 2nd floor deck and steer case has just been replace with pressure treated wood. Located on quiet one way street with historic Victorian homes that are very nicely decorated and lighted for the holidays . The first floor unit has access to the basement for storage and the second floor unit has Very large attic that can be upgraded to be 3rd bedroom plus more. The first floor tenant has lived there for just over 1 year and the second floor tenant moved in 7/15/04. So in July it will be 10 years that the upstairs tenant has lived there. Both tenants are working moms and neither wants to move.

Last Agent to Sell the Property

Karl Mosier

Cheryl Eliason & Associates, LLC Listed on: 05/23/2013

Last Buyer's Agent

Jim Salvano

Medford Appraisal Services LL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1938

Lot Details

  • 3,996 Sq Ft Lot
  • Lot Dimensions are 36x111
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof
  • Aluminum Siding

Flooring

  • Wood
  • Vinyl

Attic

  • Storage In Attic

Schools

  • F W Holbein Middle School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

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

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 23-00053-00012

Community Details

Overview

  • No Home Owners Association
  • Historic District Subdivision

Building Details

  • Insurance Expense $1,116
  • Maintenance Expense $420
  • Other Expense $420
  • Operating Expense $7,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 420.00
  • Storage: Basement, Attic
  • Year Built: 1938
  • Remarks Public: Fully rented duplex with good tenants and room to increase rents. Owner pays water/sewer and common hot water. Newer roof and aluminum siding leaves minimal exterior painting to maintain. Rear 2nd floor deck and steer case has just been replace with pressure treated wood. Located on quiet one way street with historic Victorian homes that are very nicely decorated and lighted for the holidays . The first floor unit has access to the basement for storage and the second floor unit has Very large attic that can be upgraded to be 3rd bedroom plus more. The first floor tenant has lived there for just over 1 year and the second floor tenant moved in 7/15/04. So in July it will be 10 years that the upstairs tenant has lived there. Both tenants are working moms and neither wants to move.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Vinyl
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Stone
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Washer In Unit
  • Street Number Modifier: 44

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: 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
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1120.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
  • Middle School: F W HOLBEIN SCHOOL
  • School District Key: 300200397505
  • Middle Or Junior School: F W HOLBEIN SCHOOL

Lot Info

  • Improvement Assessed Value: 143400.00
  • Land Assessed Value: 35200.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 36X111
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3996.00
  • Property Condition: Good
  • Zoning: .

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 20400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1691144
  • Tax Annual Amount: 4569.00
  • Assessor Parcel Number: 23-00053-00012
  • Tax Lot: 00012
  • Tax Year: 2012
  • Close Date: 10/18/2013

MLS Schools

  • School District Name: MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Oct 14, 2013
Sold by
Lynch William I and Lynch Joan Shibla
Bought by
Arena Michael
Seller's Agent
Karl Mosier
Cheryl Eliason & Associates, LLC
Buyer's Agent
Jim Salvano
Medford Appraisal Services LL
List Price
$160,000
Sold Price
$125,000
Premium/Discount to List
-$35,000
-21.88%
Current Estimated Value
$287,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,219
Avg. Annual Appreciation
7.22%
Original Mortgage
$93,750
Outstanding Balance
$71,648
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$214,246
Source: Public Records

Range of Values:

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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
Arena Michael $125,000 Group 21 Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arena Michael $41,750
Open Arena Michael $93,750
Previous Owner Konek Jason A $37,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $125,000 -21.9% --
08/27/2013 08/27/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $160,000 -- --
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 $5,031 $143,300 $35,200 $108,100
2024 $4,809 $143,300 $35,200 $108,100
2023 $4,809 $143,300 $35,200 $108,100
2022 $4,640 $143,300 $35,200 $108,100
2021 $4,564 $143,300 $35,200 $108,100
2020 $4,386 $143,300 $35,200 $108,100
2019 $4,288 $143,300 $35,200 $108,100
2018 $4,212 $143,300 $35,200 $108,100
2017 $4,103 $143,300 $35,200 $108,100
2016 $4,008 $143,300 $35,200 $108,100
2015 $3,924 $143,300 $35,200 $108,100
2014 $4,710 $178,600 $35,200 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003461696

Bright MLS

APN: 23-00053-0000-00012