NOT LISTED FOR SALE

54 N Lecato Ave Audubon, NJ 08106

Estimated Value: $286,000 - $392,000

-- Bed
-- Bath
1,360 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $150,000 $110 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,588/month

68 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Radiator
  • Wood Flooring
  • Wood Siding

About This Home

As of September 2020

Here is a great investment opportunity for a thee story duplex with plenty of room for improvement. The first floor unit has 1 bedroom, 1 bathroom, living room, kitchen and sun-room. The second floor unit has 1 bedroom, 1 bathroom, kitchen and a living room. The third floor which can be changed back to be part of the second floor unit has a studio, or can be a master bedroom, has a bathroom, and rough in for a kitchen. Roof has been replaced within the last year.

Last Agent to Sell the Property

Bill Butler

EXP Realty, LLC License #1753437 Listed on: 06/11/2020

EXP Realty, LLC

Last Buyer's Agent

Kathleen Morra

Weichert Realtors - Moorestown License #7939375

Weichert Realtors - Moorestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,411

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40.48 x 154.59
  • Property is in below average condition

Home Design

  • 1,360 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Schools

  • Audubon High School

Utilities

  • Radiator
  • Above Ground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 01-00029-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,411

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2020-06-11
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Here is a great investment opportunity for a thee story duplex with plenty of room for improvement. The first floor unit has 1 bedroom, 1 bathroom, living room, kitchen and sun-room. The second floor unit has 1 bedroom, 1 bathroom, kitchen and a living room. The third floor which can be changed back to be part of the second floor unit has a studio, or can be a master bedroom, has a bathroom, and rough in for a kitchen. Roof has been replaced within the last year.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1360
  • Living Area Sq Ft: 1360
  • Price Per Sq Ft: 121.32
  • Above Grade Finished Sq Ft: 1360
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 54

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block, Wood Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Utilities: Above Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • High School: AUDUBON H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396982
  • School District Source: Listing Agent
  • High School: AUDUBON H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 121100.00
  • Land Assessed Value: 87200.00
  • Lot Dimensions: 40.48 x 154.59
  • Lot Size Units: Square Feet
  • Property Condition: Below Average
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 1768383
  • Tax Annual Amount: 7411.00
  • Assessor Parcel Number: 01-00029-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 28, 2020
Sold by
Blumenstein Francis X
Bought by
Merolli Deanna
Seller's Agent
Bill Butler
EXP Realty, LLC
Buyer's Agent
Kathleen Morra
Weichert Realtors - Moorestown
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$346,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,418
Avg. Annual Appreciation
16.98%
Original Mortgage
$127,500
Outstanding Balance
$114,488
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$209,024

Purchase Details

Closed on
Nov 22, 1976
Bought by
Blumenstein Francis X
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 Buyer Sale Price Title Company
Merolli Deanna $150,000 Fidelity National Ttl Ins Co
Blumenstein Francis X $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merolli Deanna $60,000
Open Merolli Deanna $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $150,000 -9.1% $110 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $165,000 -5.7% $121 / Sq Ft
06/11/2020 06/11/20 For Sale $175,000 -- $129 / 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 $8,409 $208,300 $87,200 $121,100
2024 $8,130 $208,300 $87,200 $121,100
2023 $8,130 $208,300 $87,200 $121,100
2022 $7,913 $208,300 $87,200 $121,100
2021 $7,584 $208,300 $87,200 $121,100
2020 $7,511 $208,300 $87,200 $121,100
2019 $7,411 $208,300 $87,200 $121,100
2018 $7,320 $208,300 $87,200 $121,100
2017 $7,168 $208,300 $87,200 $121,100
2016 $6,980 $208,300 $87,200 $121,100
2015 $6,753 $208,300 $87,200 $121,100
2014 $6,689 $208,300 $87,200 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD394682

Bright MLS

APN: 01-00029-0000-00001