NOT LISTED FOR SALE

628 Atlantic Ave Collingswood, NJ 08108

Estimated Value: $459,125 - $568,000

-- Bed
-- Bath
2,410 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $290,000 $120 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,616/month

66 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Forced Air Heating System
  • Zane North Elementary School Rated A-

About This Home

As of September 2020

We pulled this property off the market for a short time , so we can sweeten the deal! Prior to pulling it off the market we only had occupancy in the upper unit. We made the decision that we needed to add value WITHOUT RAISING listing price. We did just that, by occupying the bottom unit with a brand new Tenant! Now all this property needs is a new investor willing to make passive income like the one before you!Upper Tenant : 1250$ per MonthBottom Tenant : 1575$ per Month

Last Agent to Sell the Property

Anthony Daley

(215) 828-9318 anthony@nicknowakteam.com EXP REALTY, LLC Listed on: 05/22/2020

EXP REALTY, LLC

Last Buyer's Agent

James Lauer

(609) 240-9115 jlauer1990@gmail.com RE/MAX Revolution

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,426

Year Built

  • Built in 1930

Lot Details

  • 4,896 Sq Ft Lot
  • Lot Dimensions are 48.00 x 102.00

Parking

  • On-Street Parking

Home Design

  • 2,410 Sq Ft Home
  • Duplex
  • Victorian Architecture
  • Frame Construction

Schools

  • Haviland Avenue Elementary School
  • Mansion Avenue Middle School
  • Audubon High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 12-00092-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,426

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Inclusions: Stable tenants in Upper Unit!
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Total Sq Ft: 2410
  • Living Area Sq Ft: 2410
  • Price Per Sq Ft: 124.07
  • Above Grade Finished Sq Ft: 2410
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HAVILAND AVENUE E.S.
  • High School: AUDUBON H.S.
  • Middle Or Junior School: MANSION AVENUE SCHOOL

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 48.00 x 102.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4896.00
  • Zoning: MULTI FAMILY

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1

Tax Info

  • Tax Annual Amount: 9426.00
  • Assessor Parcel Number: 12-00092-00006
  • Tax Lot: 00006
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Oct 7, 2020
Sold by
Bergen Street Properties Llc
Bought by
Stremlo Gregory
Seller's Agent
Anthony Daley
EXP REALTY, LLC
Buyer's Agent
James Lauer
RE/MAX Revolution
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$523,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,781
Avg. Annual Appreciation
12.02%
Original Mortgage
$260,500
Outstanding Balance
$230,216
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$293,565

Purchase Details

Closed on
Apr 19, 2017
Sold by
South Jersey Investments Llc
Bought by
Bergen Street Propertiesllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.08%

Purchase Details

Listed on
Mar 20, 2016
Closed on
Aug 10, 2016
Sold by
James Richard E
Bought by
South Jersey Investmetns Llc
Seller's Agent
Michael Carr
Keller Williams Realty - Marlton
Buyer's Agent
Doreen Shaw
Keller Williams Realty - Marlton
List Price
$175,000
Sold Price
$141,000
Premium/Discount to List
-$34,000
-19.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Listed on
Mar 20, 2016
Closed on
Jul 29, 2016
Sold by
James Richard E
Bought by
South Jersey Investmetns Llc
Seller's Agent
Michael Carr
Keller Williams Realty - Marlton
Buyer's Agent
Doreen Shaw
Keller Williams Realty - Marlton
List Price
$175,000
Sold Price
$141,000
Premium/Discount to List
-$34,000
-19.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stremlo Gregory $290,000 Green Label Title
Stremlo Gregory $290,000 Green Label Title
Bergen Street Propertiesllc -- --
South Jersey Investmetns Llc -- None Available
South Jersey Investmetns Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stremlo Gregory $260,500
Closed Stremlo Gregory $260,500
Previous Owner Bergen Street Propertiesllc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2020 09/22/20 Sold $290,000 -3.0% $120 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $299,000 +112.1% $124 / Sq Ft
07/29/2016 07/29/16 Sold $141,000 -19.4% $59 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
03/20/2016 03/20/16 For Sale $175,000 -- $73 / 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 $10,423 $541,000 $178,600 $362,400
2024 $10,270 $268,700 $85,400 $183,300
2023 $10,270 $268,700 $85,400 $183,300
2022 $10,014 $268,700 $85,400 $183,300
2021 $9,864 $268,700 $85,400 $183,300
2020 $9,636 $268,700 $85,400 $183,300
2019 $9,426 $268,700 $85,400 $183,300
2018 $9,335 $268,700 $85,400 $183,300
2017 $9,211 $268,700 $85,400 $183,300
2016 $8,972 $268,700 $85,400 $183,300
2015 $8,456 $268,700 $85,400 $183,300
2014 $8,214 $268,700 $85,400 $183,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD394032

Bright MLS

APN: 12-00092-0000-00006