NOT LISTED FOR SALE

640 Kenilworth Ave Cherry Hill, NJ 08002

Estimated Value: $390,000 - $477,000

-- Bed
-- Bath
2,240 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $170,000 $76 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,069/month

27 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas

About This Home

As of October 2018

Welcome to a wonderful investment opportunity for a large duplex in the Kenilworth Estates section of Cherry Hill, NJ. The layouts are stacked, unit A on ground floor, unit B on second floor. Unit A has 3 bedrooms, one being a master bedroom with full bath. This unit has two full bathrooms. Unit B has 2 bedrooms, also with a master bedroom, and two full baths. Both units offer CENTRAL AIR, washer and dryer! Large yard, great for entertaining, grilling, and pets. Extremely close to the Cherry Hill Mall, Walmart, public transit, and restaurants. Schedule your appointment today!

Last Agent to Sell the Property

Mary Jo Potts

(215) 651-6538 maryjo@ewrhomes.com Elfant Wissahickon-Mt Airy License #1861716 Listed on: 06/29/2018

Elfant Wissahickon-Mt Airy

Last Buyer's Agent

Jennifer Riches

(609) 332-0348 jennifer.riches@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,698

Year Built

  • Built in 1986

Parking

  • 3 Open Parking Spaces

Home Design

  • 2,240 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Laundry in unit
  • Lot Dimensions are 85x158

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 09-00122 01-00009

Community Details

Overview

  • No Home Owners Association
  • Kenilworth Estates Subdivision

Building Details

  • Operating Expense $8,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,698

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 80.31
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 174500.00
  • Land Assessed Value: 44000.00
  • Lot Dimensions: 85X158
  • Lot Size Units: Square Feet
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1816522
  • Tax Annual Amount: 8698.00
  • Assessor Parcel Number: 09-00122 01-00009
  • Tax Lot: 00009
  • Tax Year: 2017

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 6, 2018
Sold by
Mtglq Investors Lp
Bought by
Pineda Carole
Seller's Agent
Mary Jo Potts
Elfant Wissahickon-Mt Airy
Buyer's Agent
Jennifer Riches
EXP Realty, LLC
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$428,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,272
Avg. Annual Appreciation
13.82%
Original Mortgage
$170,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2017
Sold by
Klein Michael
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 15, 2007
Sold by
Grande Philip M
Bought by
Klein Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pineda Carole $170,000 National Integrity Llc
Mtglq Investors Lp -- None Available
Klein Michael $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pineda Carole $170,000
Previous Owner Klein Michael $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $170,000 -5.5% $76 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $179,900 -- $80 / 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 $9,743 $218,500 $44,000 $174,500
2024 $9,181 $218,500 $44,000 $174,500
2023 $9,181 $218,500 $44,000 $174,500
2022 $8,928 $218,500 $44,000 $174,500
2021 $8,956 $218,500 $44,000 $174,500
2020 $8,847 $218,500 $44,000 $174,500
2019 $8,843 $218,500 $44,000 $174,500
2018 $8,819 $218,500 $44,000 $174,500
2017 $8,698 $218,500 $44,000 $174,500
2016 $8,583 $218,500 $44,000 $174,500
2015 $8,447 $218,500 $44,000 $174,500
2014 $8,353 $218,500 $44,000 $174,500
Source: Public Records

Agents Affiliated with this Home

  • Mary Jo Potts

    Seller's Agent in 2018

    Mary Jo Potts

    Elfant Wissahickon-Mt Airy

    (215) 651-6538

    1 in this area

    629 Total Sales

    Mary Jo Potts
    Section Image
  • Jennifer Riches

    Buyer's Agent in 2018

    Jennifer Riches

    EXP Realty, LLC

    (609) 332-0348

    5 in this area

    81 Total Sales

    Jennifer Riches
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001961576

Bright MLS

APN: 09-00122-01-00009

New Jersey Camden County Cherry Hill 08002

640 Kenilworth Ave, Cherry Hill, NJ

Not Listed for Sale

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