Seller's Agent in 2020
Michael DePalma
DePalma Realty
(609) 501-4162
117 in this area
221 Total Sales
607 E Vine St Millville, NJ 08332
Estimated Value: $176,000 - $217,000
3
Beds
1.5
Baths
1,350
Sq Ft
$142/Sq Ft
Est. Value
About This Home
As of August 2020This property is being sold as a PACKAGE along with 322 F St., 809 N 4th St., 708 N 4th St., and 721 E Vine St. in Millville. Each property is listed individually as the MLS necessitates, but not one of the properties is being sold individually. Each property is priced the same at $89,900 because the list price for the entire package is $89,900 times 5, or $449,500. All offers must be made with the total list price in mind. All properties are tenant-occupied. This property currently rents for $1,350.00 per month + utilities. The seller is responsible for maintenance, taxes, and insurance. Altogether the properties gross an annual rental income of $85,380. All of the properties are being sold in "as-is" condition and all certifications, inspections, and necessary repairs for financing are the responsibility of the buyer. The properties are in general good shape, taken care of by the landlord and tenants and are positive cashflowing. At the total purchase price, together they grossing 19% cap without taking away for administrative/maintenance expenses, taxes, and insurance.
Last Agent to Sell the Property
(609) 501-4162 michael.depalma4@gmail.com DePalma Realty Listed on: 03/05/2020
Last Buyer's Agent
(609) 501-4162 michael.depalma4@gmail.com DePalma Realty Listed on: 03/05/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,222
Year Built
- Built in 1922
Lot Details
- 8,625 Sq Ft Lot
- Lot Dimensions are 75.00 x 115.00
- Property is zoned R-5
Home Design
- Frame Construction
Interior Spaces
- 1,350 Sq Ft Home
- Property has 2 Levels
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- Driveway
- On-Street Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 10-00387-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2020
Closed on
Aug 13, 2020
Sold by
Maloney Joseph L
Bought by
Vidwaan Grp Intl Llc
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,667
Avg. Annual Appreciation
16.51%
Original Mortgage
$318,750
Outstanding Balance
$282,226
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$90,559
Purchase Details
Closed on
Sep 7, 2010
Sold by
Coombs Peter C and Coombs Charles R
Bought by
Maloney Joseph L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vidwaan Grp Intl Llc | $85,000 | None Available | |
| Maloney Joseph L | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vidwaan Grp Intl Llc | $318,750 | |
| Previous Owner | Maloney Joseph L | $56,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2020 08/18/20 | Sold | $85,000 | -5.5% | $63 / Sq Ft |
| 06/10/2020 06/10/20 | Pending | -- | -- | -- |
| 03/05/2020 03/05/20 | For Sale | $89,900 | -- | $67 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,536 | $64,600 | $17,400 | $47,200 |
| 2024 | $2,536 | $64,600 | $17,400 | $47,200 |
| 2023 | $2,514 | $64,600 | $17,400 | $47,200 |
| 2022 | $2,449 | $64,600 | $17,400 | $47,200 |
| 2021 | $2,370 | $64,600 | $17,400 | $47,200 |
| 2020 | $2,330 | $64,600 | $17,400 | $47,200 |
| 2019 | $2,222 | $64,600 | $17,400 | $47,200 |
| 2018 | $2,176 | $64,600 | $17,400 | $47,200 |
| 2017 | $2,156 | $64,600 | $17,400 | $47,200 |
| 2016 | $2,129 | $64,600 | $17,400 | $47,200 |
| 2015 | $2,081 | $64,600 | $17,400 | $47,200 |
| 2014 | $2,085 | $64,600 | $17,400 | $47,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael DePalma
Map
Source: Bright MLS
MLS Number: NJCB125944
APN: 10-00387-0000-00002
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