NOT LISTED FOR SALE

506 Farragut Ave Trenton, NJ 08629

Wilbur Neighborhood

Estimated Value: $197,000 - $265,000

-- Bed
-- Bath
1,578 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $120,000 $76 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,745/month

About This Home

As of February 2021

GREAT INVESTOR OPPORTUNITY! This fully rented, 2 story duplex can be sold separately or as part of a bundle of 5 other multi families (229 Bert Trenton, 425 Schiller Hamilton, 8 Woodland Trenton, 240 Cleveland Trenton, 115 Rusling Trenton). This home underwent a full rehab a few years ago, including new electric, plumbing and forced air heat. Close to shopping and transportation.

Last Agent to Sell the Property

Anne-Marie Tustin

Keller Williams Premier License #RS320997 Listed on: 01/14/2021

Keller Williams Premier

Last Buyer's Agent

Anne-Marie Tustin

Keller Williams Premier License #RS320997 Listed on: 01/14/2021

Keller Williams Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1910

Lot Details

  • 1,854 Sq Ft Lot
  • Lot Dimensions are 18.00 x 103.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,578 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 11-28702-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,799

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-01-14
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: GREAT INVESTOR OPPORTUNITY! This fully rented, 2 story duplex can be sold separately or as part of a bundle of 5 other multi families (229 Bert Trenton, 425 Schiller Hamilton, 8 Woodland Trenton, 240 Cleveland Trenton, 115 Rusling Trenton). This home underwent a full rehab a few years ago, including new electric, plumbing and forced air heat. Close to shopping and transportation.
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1578
  • Living Area Sq Ft: 1578
  • Price Per Sq Ft: 76.05
  • Above Grade Finished Sq Ft: 1578
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: TRENTON PUBLIC SCHOOLS
  • School District Key: 300200396606
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 81000.00
  • Land Assessed Value: 5700.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 103.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1854.00
  • Year Assessed: 2020
  • Zoning: RB

Rental Info

  • Number Of Units Month To Month: 2
  • Total Actual Rent: 21900.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2169751
  • Tax Annual Amount: 4799.00
  • Assessor Parcel Number: 11-28702-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1578
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 02/22/2021

MLS Schools

  • School District Name: TRENTON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Feb 17, 2021
Sold by
Tendo Enterprises Llc
Bought by
40 Wert Llc
Seller's Agent
Anne-Marie Tustin
Keller Williams Premier
Buyer's Agent
Anne-Marie Tustin
Keller Williams Premier
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$245,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,333
Avg. Annual Appreciation
17.49%
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
May 8, 2018
Closed on
Sep 28, 2018
Sold by
Investments Iii Llc
Bought by
Tendo Enterprises Llc
Seller's Agent
IRINA MOSSINTSEVA
New Jersey Realty LLC
Buyer's Agent
Anne-Marie Tustin
Keller Williams Premier
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Aug 31, 2016
Sold by
Mossintsev Vitali
Bought by
Investment Iii Llc

Purchase Details

Listed on
Jun 2, 2014
Closed on
Sep 30, 2014
Sold by
Fannie Mae/Federal Natl Mtg Assn
Bought by
Mossintsev Vitali
Seller's Agent
Dina Ochoa
Finca Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$36,500
Sold Price
$33,500
Premium/Discount to List
-$3,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.16%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Phh Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2004
Sold by
Melicharek Frank
Bought by
Schounnot Michael and Schounnot Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
5.84%
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
40 Wert Llc $120,000 River Edge Title
Tendo Enterprises Llc $100,000 None Available
Investment Iii Llc -- All Jersey Title Llc
Mossintsev Vitali $33,500 --
Mossintsev Vitali $33,500 --
Federal National Mortgage Association -- None Available
Schounnot Michael $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40 Wert Llc $832,500
Closed 40 West Llc $600,000
Previous Owner Schounnot Michael $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $120,000 0.0% $76 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $120,000 0.0% $76 / Sq Ft
01/12/2021 01/12/21 Price Changed $120,000 +20.0% $76 / Sq Ft
08/20/2018 08/20/18 Sold $100,000 -4.8% $63 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $105,000 +213.4% $67 / Sq Ft
09/30/2014 09/30/14 Sold $33,500 -8.2% $19 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $36,500 -- $21 / 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
2024 $4,827 $86,700 $5,700 $81,000
2023 $4,827 $86,700 $5,700 $81,000
2022 $4,732 $86,700 $5,700 $81,000
2021 $4,814 $86,700 $5,700 $81,000
2020 $4,799 $86,700 $5,700 $81,000
2019 $3,703 $68,000 $5,700 $62,300
2018 $3,545 $68,000 $5,700 $62,300
2017 $3,369 $68,000 $5,700 $62,300
2016 $3,239 $56,300 $15,800 $40,500
2015 $3,228 $56,300 $15,800 $40,500
2014 $3,212 $56,300 $15,800 $40,500
Source: Public Records

Agents Affiliated with this Home

  • Anne-Marie Tustin

    Seller's Agent in 2021

    Anne-Marie Tustin

    Keller Williams Premier

    (609) 575-8801

    2 in this area

    50 Total Sales

    Section Image

  • I

    Seller's Agent in 2018

    IRINA MOSSINTSEVA

    New Jersey Realty LLC

    Section Image
  • Dina Ochoa

    Seller's Agent in 2014

    Dina Ochoa

    Finca Realty, LLC

    (609) 433-5565

    36 Total Sales

    Section Image

  • d

    Buyer's Agent in 2014

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image
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Map

Source: Bright MLS

MLS Number: NJME306482

Bright MLS

APN: 11-28702-0000-00001

New Jersey Mercer County Trenton 08629 Wilbur

506 Farragut Ave, Trenton, NJ

This home is located at 506 Farragut Ave, Trenton, NJ 08629 since 14 January 2021 and is currently estimated at $241,000, approximately $152 per square foot. This property was built in 1910. 506 Farragut Ave is a home located in Mercer County with nearby schools including Hedgepeth-Williams Elementary School, Trenton Central High School - Main Campus, and Pace Charter School Of Hamilton.

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