NOT LISTED FOR SALE

513 Jessamine Ave Oaklyn, NJ 08107

Estimated Value: $416,000 - $468,000

2 Beds
1 Bath
1,548 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $280,000 $181 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,126/month

225 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Private Lot
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2021

Investor alert! Spacious 2 unit duplex located a very quite Street. Close to transportation, restaurants, pubs, shopping, schools & parks. Lower level 2 bedroom apartment featuring a large living room, full eat-in kitchen and entrance to basement. Upper level 2 bedrooms or 1 bedroom and a sitting room with hardwood flooring and finished loft. Both apartments are bright and sunny, including hardwood floors and tile flooring, newer windows, nicely appointed kitchens, and full baths. There is a detached over sized garage and driveway for off street parking, nice over sized yard with a fenced area. The roof has been replaced, HVAC furnace systems are separate one is newer and one is brand new, secured tenant storage areas in the basement with washer and dryer, separate utilities. Current tenants first floor yearly @ $1295. Second floor @ $1150.

Last Agent to Sell the Property

Michael Alessi

(609) 472-5575 teamalessi@kw.com Keller Williams Realty - Medford License #8536340 Listed on: 08/06/2020

Keller Williams Realty - Medford

Last Buyer's Agent

Linda Cristalli

(856) 397-1078 LindaCristalli@CS.com Keller Williams - Main Street License #SP-0122235

Keller Williams - Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,889

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 80.00 x 125.00
  • Landscaped
  • Private Lot
  • Level Lot
  • Cleared Lot
  • Back and Front Yard
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Double Hung Windows
  • Flood Lights

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Playground

Schools

  • Mark Newbie Elementary School
  • Collingswood Middle School
  • Collingswood High School

Utilities

  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 12-00125-00011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,889

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Exclusions: tenants personal items
  • Home Warranty: No
  • Inclusions: washer, dryer
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Disposal, Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Built-Ins, Kitchen - Eat-In, Soaking Tub, Tub Shower, Wood Floors
  • Window Features: Double Hung
  • Fireplace: No
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 193.73
  • Above Grade Finished Sq Ft: 1548
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Flood Lights, Play Area
  • Roof: Asphalt
  • 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

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

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: MARK NEWBIE
  • High School: COLLINGSWOOD
  • Middle Or Junior School: COLLINGSWOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 104800.00
  • Land Assessed Value: 115200.00
  • Lot Features: Cleared, Front Yard, Level, Landscaping, Private, Rear Yard
  • Lot Dimensions: 80.00 x 125.00
  • Property Condition: Very Good
  • Zoning: DUPLEX

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Rent Control: No
  • Total Actual Rent: 29340.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Income Includes: Apartment Rentals

Tax Info

  • Assessor Parcel Number: 1848701
  • Tax Annual Amount: 7889.00
  • Assessor Parcel Number: 12-00125-00011
  • Tax Lot: 00011
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: COLLINGSWOOD BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Apr 15, 2021
Sold by
Huff Bruce O and Huff Kimberly J
Bought by
Floradel Holdings Llc
Seller's Agent
Michael Alessi
Keller Williams Realty - Medford
Buyer's Agent
Linda Cristalli
Keller Williams - Main Street
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$460,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,595
Avg. Annual Appreciation
10.64%
Original Mortgage
$95,000
Outstanding Balance
$85,842
Interest Rate
3.05%
Mortgage Type
Seller Take Back
Estimated Equity
$361,234

Purchase Details

Closed on
Mar 25, 2005
Sold by
Panasowich Edward
Bought by
Huff Bruce O and Huff Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.61%
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
Floradel Holdings Llc $280,000 Industrial Valley Abstract C
Floradel Holdings Llc $280,000 None Listed On Document
Huff Bruce O $242,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floradel Holdings Llc $95,000
Closed Floradel Holdings Llc $95,000
Previous Owner Huff Bruce O $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $280,000 +24247.8% $181 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
01/29/2021 01/29/21 Rented $1,150 0.0% --
01/21/2021 01/21/21 For Rent $1,150 0.0% --
01/05/2021 01/05/21 For Sale $299,900 +7.1% $194 / Sq Ft
12/30/2020 12/30/20 Off Market $280,000 -- --
12/10/2020 12/10/20 For Sale $299,900 +7.1% $194 / Sq Ft
11/27/2020 11/27/20 Off Market $280,000 -- --
09/30/2020 09/30/20 Price Changed $299,900 +1.7% $194 / Sq Ft
08/06/2020 08/06/20 For Sale $295,000 0.0% $191 / Sq Ft
04/04/2018 04/04/18 Rented $1,050 -8.7% --
04/04/2018 04/04/18 Under Contract -- -- --
11/20/2017 11/20/17 For Rent $1,150 -11.2% --
08/24/2017 08/24/17 Rented $1,295 0.0% --
08/24/2017 08/24/17 Under Contract -- -- --
08/15/2017 08/15/17 For Rent $1,295 +3.6% --
04/01/2017 04/01/17 Rented $1,250 -16.7% --
03/28/2017 03/28/17 Under Contract -- -- --
02/10/2017 02/10/17 For Rent $1,500 -88.1% --
01/03/2016 01/03/16 Rented $12,600 +995.7% --
12/30/2015 12/30/15 Under Contract -- -- --
10/30/2015 10/30/15 For Rent $1,150 -- --
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 $8,534 $482,900 $213,200 $269,700
2024 $8,408 $220,000 $115,200 $104,800
2023 $8,408 $220,000 $115,200 $104,800
2022 $8,199 $220,000 $115,200 $104,800
2021 $8,076 $220,000 $115,200 $104,800
2020 $7,889 $220,000 $115,200 $104,800
2019 $7,718 $220,000 $115,200 $104,800
2018 $7,643 $220,000 $115,200 $104,800
2017 $7,542 $220,000 $115,200 $104,800
2016 $7,346 $220,000 $115,200 $104,800
2015 $7,128 $220,000 $115,200 $104,800
2014 $6,930 $220,000 $115,200 $104,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD399734

Bright MLS

APN: 12-00125-0000-00011