NOT LISTED FOR SALE

4651 Roosevelt Ave Pennsauken, NJ 08109

Estimated Value: $270,959 - $362,000

-- Bed
-- Bath
2,156 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $130,000 $60 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,247/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Laundry Facilities
  • No HOA
  • En-Suite Primary Bedroom
  • Heating System Uses Gas

About This Home

As of April 2018

Large Brick Duplex for Sale in Pennsauken near Merchantville border, with off street parking and two car garage, that is currently being leased out. The apartments which are two bedroom apartments each,are up and down and both occupied. Also, there are laundry machines located in the basement which has a separate entrance so both apartments have access. This hot deal is a real cash cow, so don't miss out because this puppy will be going fast. The apartments are in good condition and on the larger side but, if the new owner wanted to upgrade things like appliances and such, they could possibly get a little bit higher rents. Don't wait make sure 4651 Roosevelt is in your inventory of investment properties. And for those people looking to live mortgage payment free, live in one while the other two will pay your bills.

Last Agent to Sell the Property

Jeff Pierson

(856) 373-0581 piersonj@realtor.com Dennis J Zisa Associates License #9133178 Listed on: 08/02/2017

Last Buyer's Agent

Tito Santiago

(215) 280-6538 titohomes3@aol.com Garden State Properties Group - Merchantville License #9032851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,111

Year Built

  • Built in 1920

Lot Details

  • 3,800 Sq Ft Lot
  • Lot Dimensions are 40x95
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,156 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Private Water Source
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Operating Expense $5,019

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 27-05708-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,111

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: Large Brick Duplex for Sale in Pennsauken near Merchantville border, with off street parking and two car garage, that is currently being leased out. The apartments which are two bedroom apartments each,are up and down and both occupied. Also, there are laundry machines located in the basement which has a separate entrance so both apartments have access. This hot deal is a real cash cow, so don't miss out because this puppy will be going fast. The apartments are in good condition and on the larger side but, if the new owner wanted to upgrade things like appliances and such, they could possibly get a little bit higher rents. Don't wait make sure 4651 Roosevelt is in your inventory of investment properties. And for those people looking to live mortgage payment free, live in one while the other two will pay your bills.
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Common
  • Total Sq Ft: 2156
  • Living Area Sq Ft: 2156
  • Price Per Sq Ft: 69.53
  • Above Grade Finished Sq Ft: 2156
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4651

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Private/Community Water

Condo/Co-op/Association

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

Schools

  • School District: PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396992

Lot Info

  • Improvement Assessed Value: 103100.00
  • Land Assessed Value: 38200.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X95
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3800.00
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 23952.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 1914242
  • Tax Annual Amount: 5111.00
  • Assessor Parcel Number: 27-05708-00008
  • Tax Lot: 00008
  • Tax Year: 2017
  • Close Date: 04/30/2018

MLS Schools

  • School District Name: PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Lopez Luis A
Bought by
Lopez Luis A and Ojeda Genesis
Current Estimated Value
$327,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,200
Outstanding Balance
$383,872
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$56,632

Purchase Details

Listed on
Aug 2, 2017
Closed on
Apr 24, 2018
Sold by
Mcpherson Lance G
Bought by
Lopez Luis A
Seller's Agent
Jeff Pierson
Dennis J Zisa Associates
Buyer's Agent
Tito Santiago
Garden State Properties Group - Merchantville
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$127,645
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2014
Sold by
Prolific Holdings Llc
Bought by
Mcpherson Lance G

Purchase Details

Closed on
Nov 7, 2003
Sold by
Chapman Christopher
Bought by
Mcpherson Lance G

Purchase Details

Closed on
Jan 22, 2003
Sold by
Amprop Investments
Bought by
Chapman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.88%

Purchase Details

Closed on
Aug 14, 1998
Sold by
Bowman Barbara H
Bought by
Schmid James and Defeo Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
6.9%
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 Buyer Sale Price Title Company
Lopez Luis A -- Brennan Title Abstract Llc
Lopez Luis A -- Brennan Title Abstract
Lopez Luis A $130,000 Platinum Abstract Co Llc
Mcpherson Lance G -- Federation Title Agency Inc
Mcpherson Lance G $150,900 --
Chapman Christopher $112,500 --
Schmid James $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Luis A $429,200
Closed Lopez Luis A $129,200
Previous Owner Lopez Luis A $127,645
Previous Owner Chapman Christopher $90,000
Previous Owner Schmid James $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $130,000 -13.3% $60 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $149,900 +15.3% $70 / Sq Ft
01/01/2018 01/01/18 Off Market $130,000 -- --
10/19/2017 10/19/17 For Sale $149,900 0.0% $70 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $149,900 0.0% $70 / Sq Ft
02/02/2012 02/02/12 Rented $875 0.0% --
01/26/2012 01/26/12 Under Contract -- -- --
10/24/2011 10/24/11 For Rent $875 -- --
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 $6,149 $394,600 $50,700 $343,900
2024 $6,031 $141,300 $38,200 $103,100
2023 $6,031 $141,300 $38,200 $103,100
2022 $5,453 $141,300 $38,200 $103,100
2021 $5,600 $141,300 $38,200 $103,100
2020 $5,016 $141,300 $38,200 $103,100
2019 $5,074 $141,300 $38,200 $103,100
2018 $5,101 $141,300 $38,200 $103,100
2017 $5,111 $141,300 $38,200 $103,100
2016 $5,019 $141,300 $38,200 $103,100
2015 $5,169 $141,300 $38,200 $103,100
2014 $6,068 $109,100 $13,800 $95,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001760517

Bright MLS

APN: 27-05708-0000-00008