NOT LISTED FOR SALE

55 S Myrtle St Vineland, NJ 08360

Estimated Value: $217,000 - $293,000

-- Bed
-- Bath
1,564 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $160,000 $102 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,784/month

20 Days on Market

Highlights

  • A-Frame Home
  • Doors swing in
  • Hot Water Baseboard Heater

About This Home

As of September 2022

All tenants are on a month to month lease according to the landlord. Home being sold in as-is condition, buyer responsible for inspections and certifications. First floor has 2 bedrooms, living room and dinning room plus access to the basement and they pay 975.00 per month. Upstairs unit is one bedroom kitchen and living room and they pay 800.00 per month. The property only has one heating system and the tenants split the cost 60/40 with the first floor tenant on the actual account. These are long term tenants, I believe they've been at this location for 7 years from the conversation with one of the tenants.

Last Agent to Sell the Property

Nick Borrero

Keller Williams Prime Realty License #0338083 Listed on: 05/25/2022

Keller Williams Prime Realty

Last Buyer's Agent

Sofia Heredia-Torres

Keller Williams Prime Realty

Keller Williams Prime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,208

Year Built

  • Built in 1914

Lot Details

  • 9,701 Sq Ft Lot
  • Lot Dimensions are 50.00 x 194.00

Home Design

  • 1,564 Sq Ft Home
  • Duplex
  • A-Frame Home
  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Shingle Roof
  • Metal Siding

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • On-Street Parking
  • Off-Street Parking

Accessible Home Design

  • Doors swing in

Utilities

  • Hot Water Baseboard Heater
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 14-04218-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,208

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame
  • Accessibility Features: Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1914
  • Automatically Close On Close Date: No
  • Remarks Public: All tenants are on a month to month lease according to the landlord. Home being sold in as-is condition, buyer responsible for inspections and certifications. First floor has 2 bedrooms, living room and dinning room plus access to the basement and they pay 975.00 per month. Upstairs unit is one bedroom kitchen and living room and they pay 800.00 per month. The property only has one heating system and the tenants split the cost 60/40 with the first floor tenant on the actual account. These are long term tenants, I believe they've been at this location for 7 years from the conversation with one of the tenants.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block, Brick/Mortar
  • Room Count: 10
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 1564
  • Living Area Sq Ft: 1564
  • Price Per Sq Ft: 102.30
  • Above Grade Finished Sq Ft: 1564
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 55

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed, Metal Siding
  • Roof: Shingle
  • Spa: No
  • 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, Off Street, On Street
  • Number of Spaces in Driveway: 4

Utilities

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

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 80900.00
  • Land Assessed Value: 25600.00
  • Lot Size Acres: 0.22
  • Lot Dimensions: 50.00 x 194.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9701.00
  • Year Assessed: 2021
  • Zoning: 02

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 21300.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3154307
  • Tax Annual Amount: 3208.00
  • Assessor Parcel Number: 14-04218-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1564
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/16/2022

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Sep 15, 2022
Sold by
Dejesus Julio and Dejesus Carmen
Bought by
Abreu Primitiva and Rosario Jose A
Seller's Agent
Nick Borrero
Keller Williams Prime Realty
Buyer's Agent
Sofia Heredia-Torres
Keller Williams Prime Realty
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$263,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,905
Avg. Annual Appreciation
17.93%
Original Mortgage
$153,900
Outstanding Balance
$147,930
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$109,749

Purchase Details

Closed on
May 29, 2003
Sold by
Lopez Herlinda
Bought by
Dejesus Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
5.71%

Purchase Details

Closed on
May 23, 1997
Sold by
Depaul Claudette
Bought by
Rivera Janet and Lopez Herlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
8.09%
Mortgage Type
FHA
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
Abreu Primitiva $162,000 Foundation Title
Dejesus Julio $97,000 --
Rivera Janet $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreu Primitiva $153,900
Closed Abreu Primitiva $153,900
Previous Owner Jesus Julio $75,043
Previous Owner Dejesus Julio $87,300
Previous Owner Rivera Janet $89,000
Closed Abreu Primitiva $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $160,000 0.0% $102 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $160,000 -- $102 / 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 $3,923 $123,200 $25,600 $97,600
2023 $3,369 $106,500 $25,600 $80,900
2022 $3,268 $106,500 $25,600 $80,900
2021 $3,209 $106,500 $25,600 $80,900
2020 $3,117 $106,500 $25,600 $80,900
2019 $3,075 $106,500 $25,600 $80,900
2018 $2,994 $106,500 $25,600 $80,900
2017 $2,844 $106,500 $25,600 $80,900
2016 $2,743 $106,500 $25,600 $80,900
2015 $2,642 $106,500 $25,600 $80,900
2014 $2,498 $106,500 $25,600 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2007038

Bright MLS

APN: 14-04218-0000-00012