NOT LISTED FOR SALE

611 S 7th St Unit 613 Vineland, NJ 08360

Estimated Value: $328,000 - $412,000

-- Bed
-- Bath
4,088 Sq Ft
$86/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $260,000 $64 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,321/month

10 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Radiator
  • Wood Flooring

About This Home

As of November 2021

This 4088+ sq. ft. QUADPLEX property where long-time tenants each have 2 BRs, 1 Full Bath, LR and Eat-in-Kitchens. Tenants pay gas, electric and tenant insurance. Landlord pays: common-area electric, water/sewer, property taxes/trash and property insurance. Anyone purchasing this property can take advantage of the positive cash flow. Although the property has been maintained, it is being sold strictly "as is" with any/all inspections, certifications, municipal C. O. the responsibility of the Buyer. Be aware that your potential investment here can be significantly improved to be in line with the current market.

Last Agent to Sell the Property

Ruby Parrott

(856) 204-0383 ruby.parrott@me.com Weichert Realtors-Turnersville License #339673 Listed on: 07/19/2021

Weichert Realtors-Turnersville

Last Buyer's Agent

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1905

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 52.00 x 150.00
  • Property is in good condition

Home Design

  • 4,088 Sq Ft Home
  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Asbestos Shingle Roof

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Driveway
  • On-Street Parking

Schools

  • Marie Durand Elementary School
  • Landis Middle School
  • Vineland High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Unfinished Basement

Community Details

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

Listing and Financial Details

  • The owner pays for water, sewer maintenance, real estate taxes, trash collection
  • Tax Lot 00027
  • Assessor Parcel Number 14-04114-00027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,999

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: This 4088+ sq. ft. QUADPLEX property where long-time tenants each have 2 BRs, 1 Full Bath, LR and Eat-in-Kitchens. Tenants pay gas, electric and tenant insurance. Landlord pays: common-area electric, water/sewer, property taxes/trash and property insurance. Anyone purchasing this property can take advantage of the positive cash flow. Although the property has been maintained, it is being sold strictly "as is" with any/all inspections, certifications, municipal C. O. the responsibility of the Buyer. Be aware that your potential investment here can be significantly improved to be in line with the current market.
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 4088
  • Living Area Sq Ft: 4088
  • Price Per Sq Ft: 63.58
  • Above Grade Finished Sq Ft: 4088
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 611

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • Elementary School: MARIE DURAND
  • Middle School: LANDIS
  • High School: VINELAND
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396115
  • School District Source: Listing Agent
  • Elementary School: MARIE DURAND
  • High School: VINELAND
  • Middle Or Junior School: LANDIS

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 52.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7800.00
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer Maintenance, Taxes - Real Estate, Trash Collection
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4999.00
  • Assessor Parcel Number: 14-04114-00027
  • Tax Lot: 00027
  • Tax Total Finished Sq Ft: 4088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/30/2021

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2023
Sold by
Mccloud Clifton
Bought by
Mccloud Real Estate Management Llc
Current Estimated Value
$353,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$214,719
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$138,575

Purchase Details

Listed on
Jul 19, 2021
Closed on
Oct 5, 2021
Sold by
Keepon Ent Usa Llc
Bought by
Mccloud Clifton
Seller's Agent
Ruby Parrott
Weichert Realtors-Turnersville
Buyer's Agent
Carlo Drogo
EXP Realty, LLC
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Keels William
Bought by
Keepon Enterprises Usa Llc

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 23, 2013
Sold by
Crane Hill Llc
Bought by
Keels William
Seller's Agent
Bill Jannarone
Pearce-Jannarone Real Estate Inc
Buyer's Agent
Ruby Parrott
Weichert Realtors-Turnersville
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$129,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2013
Sold by
Smoke Rise Usa Llc
Bought by
Crane Hill Llc

Purchase Details

Closed on
Oct 18, 2011
Sold by
Ladd Co Llc
Bought by
Smoke Rise Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2011
Sold by
Ostroff Resnik Ostroff Estelle and Ostroff Marvin
Bought by
Ladd Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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
Mccloud Real Estate Management Llc -- Prestige Title
Mccloud Clifton $260,000 Misc Company
Keepon Enterprises Usa Llc -- None Available
Keels William $172,000 South Jersey Settlement Agen
Crane Hill Llc -- --
Smoke Rise Usa Llc $170,000 --
Ladd Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccloud Real Estate Management Llc $221,000
Previous Owner Keels William $129,000
Previous Owner Smoke Rise Usa Llc $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $260,000 0.0% $64 / Sq Ft
08/05/2021 08/05/21 Price Changed $259,900 0.0% $64 / Sq Ft
08/04/2021 08/04/21 Price Changed $260,000 0.0% $64 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $259,900 +51.1% $64 / Sq Ft
12/23/2013 12/23/13 Sold $172,000 -7.0% $42 / Sq Ft View Prior Sale
11/01/2013 11/01/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $184,900 -- $45 / 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 $5,438 $170,800 $17,000 $153,800
2024 $5,438 $170,800 $17,000 $153,800
2023 $5,402 $170,800 $17,000 $153,800
2022 $5,242 $170,800 $17,000 $153,800
2021 $5,146 $170,800 $17,000 $153,800
2020 $4,999 $170,800 $17,000 $153,800
2019 $4,931 $170,800 $17,000 $153,800
2018 $4,801 $170,800 $17,000 $153,800
2017 $4,560 $170,800 $17,000 $153,800
2016 $4,400 $170,800 $17,000 $153,800
2015 $4,238 $170,800 $17,000 $153,800
2014 $4,007 $170,800 $17,000 $153,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2000626

Bright MLS

APN: 14-04114-0000-00027