$135,000
SOLD NOV 14, 2019

518 Race St Palmyra, NJ 08065

-- Bed
-- Bath
-- Sq Ft
4,000 Sq Ft Lot

Recently Sold

4% Below List Price

122 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Ceiling Fan
  • No HOA
  • En-Suite Primary Bedroom
  • Electric Baseboard Heater

About This Home

As of June 2024

Calling on all investors, This victorian duplex is located a block from River Line. Home has a wrap around extended deck, cement driveway for tenant parking. separate gas, and electric meters.Full basement. All major systems about Ten years old. Home is being sold in-as-in condition ****Buyer is responsible for all township, mortgage repairs, and certifications***

Last Agent to Sell the Property

Carmen Del Valle

Weichert Realtors-Medford Listed on: 04/21/2019

Weichert Realtors-Medford

Last Buyer's Agent

Veronica Vetro

Connection Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1910

Lot Details

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

Home Design

  • Duplex
  • Brick Foundation
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System
  • Laundry in unit

Flooring

  • Wood
  • Wall to Wall Carpet

Schools

  • Palmyra High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-00110-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,558

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Washer,Dryer,Refrigerator
  • Inclusions: Stove, 2 Ceiling Fans
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: Calling on all investors, This victorian duplex is located a block from River Line. Home has a wrap around extended deck, cement driveway for tenant parking. separate gas, and electric meters.Full basement. All major systems about Ten years old. Home is being sold in-as-in condition ****Buyer is responsible for all township, mortgage repairs, and certifications***
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • High School: PALMYRA
  • School District Key: 300200396966
  • High School: PALMYRA

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 40X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4558.00
  • Assessor Parcel Number: 27-00110-00001
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 11/14/2019

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 30, 2024
Sold by
Mindny Spadaccino Llc
Bought by
Quintas Paulo and Cezario Silvana
Seller's Agent
Melanie Elliott
Century 21 Veterans-Newtown
Buyer's Agent
Anna Alves
Keller Williams Realty - Moorestown
List Price
$265,000
Sold Price
$265,000
Views
217
Current Estimated Value
$282,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,931
Avg. Annual Appreciation
6.13%
Original Mortgage
$198,750
Outstanding Balance
$197,106
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$85,825

Purchase Details

Listed on
Feb 22, 2020
Closed on
May 29, 2020
Sold by
Phoenix Construction Of Investments Llc
Bought by
Mindy Spadaccino Llc
Seller's Agent
Robin Baselice
Weichert Realtors-Turnersville
Buyer's Agent
Justin Pencook
Society
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Listed on
Apr 21, 2019
Closed on
Nov 13, 2019
Sold by
Diaz Abraham and Diaz Graciela
Bought by
Phoenix Construction & Investment Llc
Seller's Agent
Carmen Del Valle
Weichert Realtors-Medford
Buyer's Agent
Veronica Vetro
Connection Property Management
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.36%
Original Mortgage
$101,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1993
Bought by
Diaz Abraham and Diaz Graciela
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 Type Sale Price Title Company
Deed $265,000 Core Title
Deed $180,000 National Integrity Llc
Deed $135,000 Genuine Title Agency Llc
Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 New Conventional
Previous Owner $135,000 Unknown
Previous Owner $101,250 New Conventional
Previous Owner $108,750 New Conventional
Previous Owner $20,565 Unknown
Previous Owner $33,000 Unknown
Previous Owner $25,068 Unknown
Previous Owner $108,000 Unknown
Previous Owner $108,000 Unknown
Previous Owner $27,661 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $265,000 0.0% $138 / Sq Ft
06/13/2024 06/13/24 Sold $265,000 0.0% $138 / Sq Ft
06/08/2024 06/08/24 For Sale $265,000 0.0% $138 / Sq Ft
06/08/2024 06/08/24 For Sale $265,000 0.0% $138 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/08/2024 03/08/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $265,000 0.0% $138 / Sq Ft
03/01/2024 03/01/24 For Sale $265,000 +47.2% $138 / Sq Ft
05/29/2020 05/29/20 Sold $180,000 -2.7% $94 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $185,000 +37.0% $96 / Sq Ft
11/14/2019 11/14/19 Sold $135,000 -3.6% --
11/07/2019 11/07/19 For Sale $140,000 0.0% --
08/21/2019 08/21/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $140,000 -3.4% --
06/12/2019 06/12/19 Price Changed $145,000 -2.7% --
04/21/2019 04/21/19 For Sale $149,000 -- --
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 $6,228 $147,100 $36,000 $111,100
2023 $6,228 $147,100 $36,000 $111,100
2022 $6,081 $147,100 $36,000 $111,100
2021 $5,867 $147,100 $36,000 $111,100
2020 $4,706 $117,500 $36,000 $81,500
2019 $4,558 $117,500 $36,000 $81,500
2018 $4,493 $117,500 $36,000 $81,500
2017 $4,436 $117,500 $36,000 $81,500
2016 $4,349 $117,500 $36,000 $81,500
2015 $4,286 $117,500 $36,000 $81,500
2014 $4,097 $117,500 $36,000 $81,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL342688

Bright MLS

APN: 27-00110-0000-00001