NOT LISTED FOR SALE

56 5th St Salem, NJ 08079

Estimated Value: $83,378 - $129,000

2 Beds
1 Bath
1,056 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $4,504 $4 Per Sq Ft

Est. 2,361% increase in value since last sale

Current estimated payment $767/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Family Room
  • Living Room
  • Dining Room
  • Heating System Uses Oil

About This Home

As of August 2018

This Fannie Mae Homepath property is 2 story home located in the City of Salem. Featuring on main floor living room, family room, dining room, kitchen, full bathroom and entrance to basement. Two bedrooms and entrance to attic on second floor. Located close to public transportation and downtown shops.

Last Agent to Sell the Property

Michele Kelly

(856) 457-2830 michele@skellyrealestate.com S. Kelly Real Estate LLC License #9696746 Listed on: 06/06/2018

Last Buyer's Agent

John Wuertz

(856) 912-3219 john.wuertz@foxroach.com BHHS Fox & Roach-Mt Laurel License #231089

BHHS Fox & Roach-Mt Laurel

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 3,675 Sq Ft Lot
  • Lot Dimensions are 35x105

Parking

  • On-Street Parking

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00032
  • Assessor Parcel Number 13-00005-00032

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: This Fannie Mae Homepath property is 2 story home located in the City of Salem. Featuring on main floor living room, family room, dining room, kitchen, full bathroom and entrance to basement. Two bedrooms and entrance to attic on second floor. Located close to public transportation and downtown shops.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 1056
  • Living Area Sq Ft: 1056
  • Net Sq Ft: 1056.00
  • Price Per Sq Ft: 6.16
  • Above Grade Finished Sq Ft: 1056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 58000.00
  • Land Assessed Value: 16100.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 35X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3675.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21905699
  • Tax Annual Amount: 5061.00
  • Assessor Parcel Number: 13-00005-00032
  • Tax Lot: 00032
  • Tax Year: 2017
  • Close Date: 08/31/2018

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Aug 30, 2018
Sold by
Fnma
Bought by
G & J Delaware Homes Llc
Seller's Agent
Michele Kelly
S. Kelly Real Estate LLC
Buyer's Agent
John Wuertz
BHHS Fox & Roach-Mt Laurel
List Price
$6,500
Sold Price
$4,504
Premium/Discount to List
-$1,996
-30.71%
Current Estimated Value
$110,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,341
Avg. Annual Appreciation
56.91%

Purchase Details

Closed on
Apr 6, 2018
Sold by
Miller Charles M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2004
Sold by
Robinson Clayton and Robinson Helena M
Bought by
Robinson Jarvis D and Robinson Evelyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 1994
Sold by
Bentley Valonia
Bought by
Robinson Clayton and Robinson Helena M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
G & J Delaware Homes Llc $4,504 --
Federal National Mortgage Association -- --
Robinson Jarvis D $25,000 --
Robinson Clayton $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Jarvis D $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $4,504 -30.7% $4 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $6,500 -- $6 / 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 $2,121 $25,800 $7,400 $18,400
2024 $2,028 $25,800 $7,400 $18,400
2023 $2,028 $25,800 $7,400 $18,400
2022 $1,939 $25,800 $7,400 $18,400
2021 $1,869 $25,800 $7,400 $18,400
2020 $925 $13,000 $7,400 $5,600
2019 $1,131 $16,000 $7,400 $8,600
2018 $1,106 $16,000 $7,400 $8,600
2017 $1,093 $16,000 $7,400 $8,600
2016 $2,902 $74,100 $16,100 $58,000
2015 $2,865 $74,100 $16,100 $58,000
2014 $2,850 $74,100 $16,100 $58,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001807742

Bright MLS

APN: 13-00005-0000-00032