51 Walnut St Salem, NJ 08079
Salem NeighborhoodEstimated Value: $64,000 - $133,000
4
Beds
1.5
Baths
1,872
Sq Ft
$47/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- Ceiling Fan
- Hot Water Baseboard Heater
- No HOA
About This Home
As of September 2023Investors!! This is a great rental property! 4 Bedrooms with the possibility for a fifth. Current tenant is month to month but would possibly like to stay. Current rent is $1200 a month.
Last Agent to Sell the Property
Weichert Realtors-Mullica Hill Listed on: 01/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,412
Year Built
- Built in 1889
Lot Details
- 6,438 Sq Ft Lot
- Lot Dimensions are 40.00 x 161.00
Parking
- Off-Street Parking
Home Design
- Transitional Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 1,872 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Laundry on main level
- Unfinished Basement
Bedrooms and Bathrooms
Schools
- Salem High School
Utilities
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00027
- Assessor Parcel Number 13-00082-00027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2023
Closed on
Sep 29, 2023
Sold by
Brown Sheirra Y
Bought by
Mcmahon Sean P
Seller's Agent
Mary Anne McIntyre
Weichert Realtors-Mullica Hill
Buyer's Agent
Tom Duffy
Keller Williams Realty - Washington Township
List Price
$100,000
Sold Price
$65,000
Premium/Discount to List
-$35,000
-35%
Views
855
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,288
Avg. Annual Appreciation
30.81%
Original Mortgage
$48,750
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 8, 2019
Closed on
Jun 12, 2020
Sold by
Hill Robin D
Bought by
Brown Sheirra Y
Seller's Agent
Mary Anne McIntyre
Weichert Realtors-Mullica Hill
Buyer's Agent
Mary Anne McIntyre
Weichert Realtors-Mullica Hill
List Price
$39,000
Sold Price
$25,000
Premium/Discount to List
-$14,000
-35.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.58%
Purchase Details
Closed on
Jul 29, 2019
Sold by
Hill Robin D and Gilliam Sharrae
Bought by
Hill Robin D
Purchase Details
Listed on
Jun 16, 2016
Closed on
Jul 28, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Hill Raymond R
Seller's Agent
Brian Savarese
American Dream Realty of South Jersey
Buyer's Agent
Robert Moussally
American Dream Realty of South Jersey
List Price
$10,000
Sold Price
$11,000
Premium/Discount to List
$1,000
10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.60%
Purchase Details
Closed on
Dec 11, 2011
Sold by
Miller Charles M and Long Richard
Bought by
Secretary Of Housing And Urban Developme
Purchase Details
Closed on
Oct 29, 2003
Sold by
Marshall Angel D and Long Angel
Bought by
Long Richard and Long Angel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 1998
Sold by
Baese Louise A and Baese Richard F
Bought by
Marshall Angel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.92%
Similar Homes in Salem, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcmahon Sean P | $65,000 | Dream Home Abstract | |
| Brown Sheirra Y | $25,000 | Salem Oak Title Agency Inc | |
| Hill Robin D | -- | -- | |
| Hill Raymond R | $11,000 | Heritage Title | |
| Secretary Of Housing And Urban Developme | -- | None Available | |
| Long Richard | -- | -- | |
| Marshall Angel D | $65,000 | Intercoastal Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmahon Sean P | $48,750 | |
| Previous Owner | Long Angel | $139,816 | |
| Previous Owner | Long Angel | $108,000 | |
| Previous Owner | Long Richard | $84,150 | |
| Previous Owner | Marshall Angel D | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $65,000 | 0.0% | $35 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | Off Market | $65,000 | -- | -- |
| 04/05/2023 04/05/23 | For Sale | $100,000 | 0.0% | $53 / Sq Ft |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- |
| 01/17/2023 01/17/23 | For Sale | $100,000 | +300.0% | $53 / Sq Ft |
| 06/12/2020 06/12/20 | Sold | $25,000 | -28.6% | $13 / Sq Ft |
| 05/01/2020 05/01/20 | Pending | -- | -- | -- |
| 12/05/2019 12/05/19 | Price Changed | $35,000 | -6.7% | $19 / Sq Ft |
| 09/19/2019 09/19/19 | Price Changed | $37,500 | -3.8% | $20 / Sq Ft |
| 08/08/2019 08/08/19 | For Sale | $39,000 | +254.5% | $21 / Sq Ft |
| 07/28/2016 07/28/16 | Sold | $11,000 | +10.0% | $6 / Sq Ft |
| 06/17/2016 06/17/16 | Pending | -- | -- | -- |
| 06/16/2016 06/16/16 | For Sale | $10,000 | -- | $6 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,569 | $45,400 | $8,300 | $37,100 |
| 2023 | $3,569 | $45,400 | $8,300 | $37,100 |
| 2022 | $3,413 | $45,400 | $8,300 | $37,100 |
| 2021 | $3,295 | $45,400 | $8,300 | $37,100 |
| 2020 | $3,229 | $45,400 | $8,300 | $37,100 |
| 2019 | $3,209 | $45,400 | $8,300 | $37,100 |
| 2018 | $3,139 | $45,400 | $8,300 | $37,100 |
| 2017 | $3,101 | $45,400 | $8,300 | $37,100 |
| 2016 | $4,523 | $115,500 | $16,800 | $98,700 |
| 2015 | $4,465 | $115,500 | $16,800 | $98,700 |
| 2014 | $4,442 | $115,500 | $16,800 | $98,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Anne McIntyre
Seller's Agent in 2023
Mary Anne McIntyre
Weichert Corporate
(609) 685-9271
2 in this area
79 Total Sales
-
Tom Duffy
Buyer's Agent in 2023
Tom Duffy
Keller Williams Realty - Washington Township
(856) 218-3400
1 in this area
552 Total Sales
-
Brian Savarese
Seller's Agent in 2016
Brian Savarese
American Dream Realty of South Jersey
(856) 466-0629
1 in this area
25 Total Sales
-
R
Buyer's Agent in 2016
Robert Moussally
American Dream Realty of South Jersey
Map
Source: Bright MLS
MLS Number: NJSA2006456
APN: 13-00082-0000-00027
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