NOT LISTED FOR SALE

506 E Park Ave Haddonfield, NJ 08033

Estimated Value: $666,121 - $779,000

Studio
-- Bath
2,112 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $340,000 $161 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,839/month

83 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas
  • Haddonfield Memorial High School Rated A+

About This Home

As of December 2016

New Price Alert!!! Resting comfortably in the confines of Haddonfield, NJ, This 2 unit Duplex will be the one that helps you acquire your fortune! The investor has completely remodeled the entirety of both units, making this either a turn-key investment, or a place where you can live, and rent out the other making living in Haddonfield even more affordable! There is simply nothing you will need to do; Kitchens are Brand New, featuring GRANITE counter tops and Stainless Steel Appliances! Both Bathrooms feature Ceramic Tiled Tub Surround and floors. Both Units have brand new H.V.A.C systems, AND the property has been converted from above ground oil, to gas!! Furthermore, Each unit has separate utilities, private laundry areas and private entrances, making the rental even more attractive!! To further your excitement, Unit one ( Ground Floor) boasts: 3 bedrooms and an open floor plan, a BASEMENT that will house the aforementioned Laundry Area and offers sliding doors leading to a private back yard!! Unit 2 Offers: 2 Bedrooms and a wonderful floor plan great for 'everyone'! Parking Permits are available making parking convenient for your renter....Put this all together, and it is clear.....This is a must see!

Last Agent to Sell the Property

Paul Franke

(856) 885-1641 pfrankekw@gmail.com Home and Heart Realty Listed on: 08/25/2016

Home and Heart Realty

Last Buyer's Agent

Kathleen Hansbury

(856) 885-1106 klillie@weichert.com Weichert Realtors-Turnersville License #9913217

Weichert Realtors-Turnersville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,308

Year Built

  • Built in 1954

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Schools

  • Haddonfield Middle School
  • Haddonfield Memorial High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00011 01
  • Assessor Parcel Number 17-00045-00011 01

Community Details

Overview

  • No Home Owners Association
  • Haddonfield Cmns Subdivision

Building Details

  • Operating Expense $7,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,308

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: All Apliances
  • New Construction: No
  • Storage: Basement
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Price Per Sq Ft: 163.30
  • Above Grade Finished Sq Ft: 2112
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: HADDONFIELD MEMORIAL
  • Middle Or Junior School: HADDONFIELD

Lot Info

  • Improvement Assessed Value: 117400.00
  • Land Assessed Value: 132600.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1884765
  • Tax Annual Amount: 7308.00
  • Assessor Parcel Number: 17-00045-00011 01
  • Tax Lot: 00011 01
  • Tax Year: 2016

MLS Schools

  • School District Name: HADDONFIELD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Cashner Andrew R and Wade Maya C
Bought by
Dong Karen and Dong Ian Gregory
Current Estimated Value
$745,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Outstanding Balance
$333,936
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$411,345

Purchase Details

Listed on
Aug 25, 2016
Closed on
Dec 27, 2016
Sold by
420 Main St Blackwood Llc
Bought by
Cashner Andrew R and Wade Maya C
Seller's Agent
Paul Franke
Home and Heart Realty
Buyer's Agent
Kathleen Hansbury
Weichert Realtors-Turnersville
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$272,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 5, 2015
Sold by
Taz Investments Llc
Bought by
420 Main St Blackwood Llc
Seller's Agent
Chirag Patnaik
Resident Philly LLC
Buyer's Agent
LINDA JAKYMIW
Sureway Realty
List Price
$139,000
Sold Price
$137,000
Premium/Discount to List
-$2,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.96%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Knight Earl and Knight Rachel D
Bought by
Taz Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2014
Sold by
Knight Debra and Godfrey Joyce S
Bought by
Knight Rachel D and Knight Earl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dong Karen $385,000 Surety Title Co
Cashner Andrew R $340,000 Title Closing Services Llc
420 Main St Blackwood Llc $137,000 Federation Title Agency Inc
Taz Investments Llc $124,000 Surety Title Co
Knight Rachel D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Karen $378,026
Previous Owner Cashner Andrew R $272,000
Previous Owner Taz Investments Llc $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2016 12/27/16 Sold $340,000 -2.9% $161 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $350,000 +155.5% $166 / Sq Ft
11/07/2015 11/07/15 Sold $137,000 -1.4% $65 / Sq Ft View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $139,000 -- $66 / 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 $11,309 $350,000 $132,600 $217,400
2024 $11,158 $350,000 $132,600 $217,400
2023 $11,158 $350,000 $132,600 $217,400
2022 $11,071 $350,000 $132,600 $217,400
2021 $11,015 $350,000 $132,600 $217,400
2020 $10,938 $350,000 $132,600 $217,400
2019 $10,850 $350,000 $132,600 $217,400
2018 $10,721 $350,000 $132,600 $217,400
2017 $7,475 $250,000 $132,600 $117,400
2016 $7,308 $250,000 $132,600 $117,400
2015 $7,105 $250,000 $132,600 $117,400
2014 $7,134 $265,700 $132,600 $133,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002501826

Bright MLS

APN: 17-00045-0000-00011-01