NOT LISTED FOR SALE

7 Circle Dr Browns Mills, NJ 08015

Estimated Value: $371,000 - $435,000

Studio
-- Bath
2,759 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

Last sale price $243,300 $88 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,732 / mo

49 Days on Market

Highlights

  • Lake View
  • No HOA
  • Forced Air Heating System
  • Victorian Architecture

About This Home

As of April 2021

Great investment opportunity with positive cash flow. 4 Apartment units, 3 are currently occupied with the fourth unit being occupied on November 1. Landlord pays all utilities except cable tv and phone. Located in walking distance to town and Mirror Lake. Large covered front porch, plenty of parking in the rear of the home. Great investment opportunity to add to your portfolio.

Last Agent to Sell the Property

MICHELLE STEVENSON

(609) 893-5800 schneiderrealestateagency@gmail.com Schneider Real Estate Agency Listed on: 10/05/2020

Last Buyer's Agent

MICHELLE STEVENSON

(609) 893-5800 schneiderrealestateagency@gmail.com Schneider Real Estate Agency Listed on: 10/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,588

Year Built

  • Built in 1925

Lot Details

  • 8,960 Sq Ft Lot
  • Lot Dimensions are 64.00 x 140.00

Parking

  • Gravel Driveway

Home Design

  • Quadruplex
  • Victorian Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,759 Sq Ft Home
  • Lake Views
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 00023
  • Assessor Parcel Number 29-00406-00023

Community Details

Overview

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

Building Details

  • Income includes apartment rentals
  • Trash Expense $896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,588

Year Built

Built in 1925

Lot Details

8,960 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Belongings
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2759
  • Living Area Sq Ft: 2759
  • Price Per Sq Ft: 90.58
  • Above Grade Finished Sq Ft: 2759
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Spa: No
  • View: Lake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 2700.00
  • Gas Avg Month: 300.00
  • Gas Prev12 Months: 3600.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Previous Twelve Months: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 200200.00
  • Land Assessed Value: 37300.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 64.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8960.00
  • Zoning: MULTI
  • Zoning Description: Multi family

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: All Utilities
  • Rent Control: No
  • Total Actual Rent: 45240.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Gross Income: 45240.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Assessor Parcel Number: 1721862
  • Tax Annual Amount: 5588.00
  • Assessor Parcel Number: 29-00406-00023
  • Tax Lot: 00023
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PEMBERTON TOWNSHIP SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Yechiel Rosenberg
Bought by
Pemberton Equities Llc
Current Estimated Value
$394,520

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 19, 2021
Sold by
Failla John B
Bought by
Rosenberg Yechiel and Freund Raizel
Seller's Agent
MICHELLE STEVENSON
Schneider Real Estate Agency
Buyer's Agent
MICHELLE STEVENSON
Schneider Real Estate Agency
List Price
$249,900
Sold Price
$243,300
Premium/Discount to List
-$6,600
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$182,475
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 9, 2021
Sold by
Failla John B
Bought by
Rosenberg Yechiel and Freund Raizel
Seller's Agent
MICHELLE STEVENSON
Schneider Real Estate Agency
Buyer's Agent
MICHELLE STEVENSON
Schneider Real Estate Agency
List Price
$249,900
Sold Price
$243,300
Premium/Discount to List
-$6,600
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,475
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2009
Sold by
Penta Christian J
Bought by
Failla John B

Purchase Details

Closed on
Jul 30, 2004
Sold by
Vandiehl Peter
Bought by
Penta Christian J

Purchase Details

Closed on
Mar 13, 1997
Sold by
Downeys Melba and Figueredo Melba
Bought by
Vandiehl Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,890
Interest Rate
7.68%
Mortgage Type
FHA
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
Pemberton Equities Llc -- Universal Title
Rosenberg Yechiel $243,300 Stewart Title
Rosenberg Yechiel $243,300 Madison Title Agency Llc
Failla John B $185,000 Foundation Title
Penta Christian J $160,000 --
Vandiehl Peter $105,000 Collegiate Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenberg Yechiel $182,475
Previous Owner Rosenberg Yechiel $182,475
Previous Owner Vandiehl Peter $85,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $243,300 -2.6% $88 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $249,900 0.0% $91 / Sq Ft
06/01/2020 06/01/20 Rented $1,200 0.0% --
05/26/2020 05/26/20 Under Contract -- -- --
05/26/2020 05/26/20 For Rent $1,200 0.0% --
05/21/2020 05/21/20 Off Market $1,200 -- --
02/11/2020 02/11/20 For Rent $1,200 +34.1% --
04/10/2017 04/10/17 Rented $895 0.0% --
04/07/2017 04/07/17 Under Contract -- -- --
09/15/2016 09/15/16 For Rent $895 -- --
Source: Bright MLS

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 $7,279 $237,500 $37,300 $200,200
2024 $6,831 $237,500 $37,300 $200,200
2023 $6,831 $237,500 $37,300 $200,200
2022 $6,322 $237,500 $37,300 $200,200
2021 $6,037 $237,500 $37,300 $200,200
2020 $5,835 $237,500 $37,300 $200,200
2019 $5,588 $237,500 $37,300 $200,200
2018 $5,398 $237,500 $37,300 $200,200
2017 $5,287 $237,500 $37,300 $200,200
2016 $4,796 $128,300 $20,700 $107,600
2015 $4,757 $128,300 $20,700 $107,600
2014 $4,548 $128,300 $20,700 $107,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    MICHELLE STEVENSON

    Schneider Real Estate Agency

    Section Image

  • j

    Seller's Agent in 2020

    john failla

    Perfect Choice Realty & Property Management

  • RON GAMBONE

    Buyer's Agent in 2020

    RON GAMBONE

    RE/MAX

    (609) 384-5074

    1 in this area

    46 Total Sales

    RON GAMBONE
    Section Image
  • Anthony Pepe

    Seller's Agent in 2017

    Anthony Pepe

    Re/Max At Home

    (609) 213-5838

    30 in this area

    66 Total Sales

    Anthony Pepe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL383438

Bright MLS

APN: 29-00406-0000-00023

New Jersey Burlington County Browns Mills 08015

7 Circle Dr, Browns Mills, NJ

Not Listed for Sale

MultiFamily

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