NOT LISTED FOR SALE

Estimated Value: $332,000 - $401,000

-- Bed
-- Bath
1,404 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $155,000 $110 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,399/month

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of September 2016

This cape cod in a neighborhood of similar single family homes has two apartments -- one on the first floor and one on the second floor. Upon entering the front door, you proceed to the first floor apartment or take the stairs up to the second floor apartment. The first floor apartment has a large living, updated eat-in kitchen with dark-stained wood cabinets and white appliances, two bedrooms and a full bath. This unit has access to the partially finished basement with washer and dryer. The first floor tenant has parking rights to the one car garage with access from the kitchen. The second floor has a living room, eat-in kitchen with black/stainless appliances and pale green wood cabinets, one bedroom and full bath. Parking for this unit is on the street. Utilities are shared between the two units -- no separate furnaces/central, a/c or meters. Leases for both apartments expire on December 31st. Both tenants would like to continue to rent the apartments. Legal two-family and Hamilton certificate of occupancy. Investors can look forward to continuous rental income.

Last Agent to Sell the Property

J. Jay Smith

(609) 737-9100 jaysmith@glorianilson.com BHHS Fox & Roach Hopewell Valley License #9590160 Listed on: 07/12/2016

BHHS Fox & Roach Hopewell Valley

Last Buyer's Agent

Marina Shikman

(609) 664-1905 marina.shikman@cbmoves.com Coldwell Banker Residential Brokerage-Princeton Jct License #RS346160

Coldwell Banker Residential Brokerage-Princeton Jct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1952

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 64x105

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • 1,404 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 03-02390-00010

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $800
  • Insurance Expense $2,000
  • Maintenance Expense $2,640
  • Other Expense $200
  • Operating Expense $13,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,450

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 200.00
  • Year Built: 1952
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Fireplace: No
  • Entry Location: Foyer
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1404
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 113.89
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Expense: 800.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1008.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 64X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6720.00
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 26400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 5450.00
  • Assessor Parcel Number: 03-02390-00010
  • Tax Lot: 00010
  • Tax Year: 2016

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 27, 2016
Sold by
Hreha Alyce M
Bought by
Morquecho Luis G
Seller's Agent
J. Jay Smith
BHHS Fox & Roach Hopewell Valley
Buyer's Agent
Marina Shikman
Coldwell Banker Residential Brokerage-Princeton Jct
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$362,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,205
Avg. Annual Appreciation
9.80%
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
Morquecho Luis G $155,000 Fidelity National Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $155,000 -3.1% $110 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $159,900 -- $114 / 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 $5,991 $170,000 $33,900 $136,100
2024 $5,615 $170,000 $33,900 $136,100
2023 $5,615 $170,000 $33,900 $136,100
2022 $5,527 $170,000 $33,900 $136,100
2021 $6,839 $170,000 $33,900 $136,100
2020 $6,227 $170,000 $33,900 $136,100
2019 $6,044 $170,000 $33,900 $136,100
2018 $5,964 $170,000 $33,900 $136,100
2017 $5,698 $170,000 $33,900 $136,100
2016 $4,529 $167,500 $31,400 $136,100
2015 $7,017 $134,700 $31,300 $103,400
2014 $6,925 $134,700 $31,300 $103,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003887207

Bright MLS

APN: 03-02390-0000-00010