NOT LISTED FOR SALE

62 5th St Salem, NJ 08079

Estimated Value: $87,970 - $136,000

2 Beds
1 Bath
1,248 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $25,000 $20 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $829/month

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Mobility Improvements

About This Home

As of August 2016

This property is available individually, or as part of a nine unit package. The property is tenant occupied, and currently rents for $700/month.

Last Agent to Sell the Property

Andrew Ware

(609) 472-0256 andywarerealtor@gmail.com Real Broker, LLC Listed on: 06/06/2016

Real Broker, LLC

Last Buyer's Agent

Peter Paul McEvoy

(609) 617-1013 paul.mcevoy@foxroach.com BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 3,900 Sq Ft Lot
  • Lot Dimensions are 25x156
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Accessible Home Design

  • Mobility Improvements

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00035
  • Assessor Parcel Number 13-00005-00035

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: This property is available individually, or as part of a nine unit package. The property is tenant occupied, and currently rents for $700/month.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1248
  • Living Area Sq Ft: 1248
  • Net Sq Ft: 1248.00
  • Price Per Sq Ft: 28.04
  • Above Grade Finished Sq Ft: 1248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • 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: 58300.00
  • Land Assessed Value: 16200.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 25X156
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3900.00
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21905701
  • Tax Annual Amount: 2880.00
  • Assessor Parcel Number: 13-00005-00035
  • Tax Lot: 00035
  • Tax Year: 2015
  • Close Date: 08/18/2016

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 18, 2016
Sold by
Crist Patricia D
Bought by
Caione Ralph and Caione Susan
Seller's Agent
Andrew Ware
Real Broker, LLC
Buyer's Agent
Peter Paul McEvoy
BHHS Fox & Roach-Mullica Hill South
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%
Current Estimated Value
$111,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,993
Avg. Annual Appreciation
17.87%
Original Mortgage
$25,000
Outstanding Balance
$19,902
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$92,091

Purchase Details

Closed on
Sep 14, 1990
Bought by
Keen John R Jr + Leona R
Source: Public Records

Range of Values:

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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
Caione Ralph $25,000 Homestead Title
Keen John R Jr + Leona R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caione Ralph $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $25,000 -28.6% $20 / Sq Ft
06/06/2016 06/06/16 For Sale $35,000 -- $28 / 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 $2,795 $34,000 $7,700 $26,300
2024 $2,673 $34,000 $7,700 $26,300
2023 $2,673 $34,000 $7,700 $26,300
2022 $2,556 $34,000 $7,700 $26,300
2021 $2,468 $34,000 $7,700 $26,300
2020 $2,418 $34,000 $7,700 $26,300
2019 $2,403 $34,000 $7,700 $26,300
2018 $2,351 $34,000 $7,700 $26,300
2017 $2,322 $34,000 $7,700 $26,300
2016 $2,917 $74,500 $16,200 $58,300
2015 $2,880 $74,500 $16,200 $58,300
2014 $2,865 $74,500 $16,200 $58,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798599

Bright MLS

APN: 13-00005-0000-00035