NOT LISTED FOR SALE

700 W Summer Rd Minotola, NJ 08341

Estimated Value: $231,121 - $302,000

-- Bed
-- Bath
2,556 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $172,000 $67 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,840/month

5 Days on Market

About This Home

As of April 2022

*** Multiple Offers received - Highest & Best due Monday 2/14/22 at 7pm! ***
Ready to add 2 more doors to your rental portfolio? Here is your chance to own this spacious Duplex in desirable Buena Borough! This corner lot property in Minotola is a side-by-side with one unit featuring 3 beds 1 bath, and the other unit featuring 3 beds and 1.5 bathrooms. This property is in need of renovations, and is ideal for the cash buyer. Property is being sold strictly as-is, and any certifications required are at the sole responsibility of the buyer. Call today for additional details and to schedule a private tour of your next investment property!

Last Listed By

Carlo Drogo

EXP Realty, LLC Listed on: 02/10/2022

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100.00 x 160.00

Home Design

  • 2,556 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 6 Parking Spaces
  • 6 Driveway Spaces

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 04-00190-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,006

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: *** Multiple Offers received - Highest & Best due Monday 2/14/22 at 7pm! *** Ready to add 2 more doors to your rental portfolio? Here is your chance to own this spacious Duplex in desirable Buena Borough! This corner lot property in Minotola is a side-by-side with one unit featuring 3 beds 1 bath, and the other unit featuring 3 beds and 1.5 bathrooms. This property is in need of renovations, and is ideal for the cash buyer. Property is being sold strictly as-is, and any certifications required are at the sole responsibility of the buyer. Call today for additional details and to schedule a private tour of your next investment property!
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 2556
  • Living Area Sq Ft: 2556
  • Price Per Sq Ft: 58.69
  • Above Grade Finished Sq Ft: 2556
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 700

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
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 6

Utilities

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

Schools

  • School District: BUENA REGIONAL SCHOOLS
  • School District Key: 300200396908
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70600.00
  • Land Assessed Value: 54400.00
  • Lot Size Acres: 0.37
  • Lot Dimensions: 100.00 x 160.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16000.00
  • Year Assessed: 2021
  • Zoning: R

Rental Info

  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2

Tax Info

  • Assessor Parcel Number: 3320837
  • Tax Annual Amount: 4006.00
  • Assessor Parcel Number: 04-00190-00019
  • Tax Lot: 00019
  • Tax Total Finished Sq Ft: 2556
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/13/2022

MLS Schools

  • School District Name: BUENA REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Apr 8, 2022
Sold by
Ciraolo Rhonda C
Bought by
Mickey Holdings Llc
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Yechiel Schwartz
Investors Edge Realty
List Price
$150,000
Sold Price
$172,000
Premium/Discount to List
$22,000
14.67%
Total Days on Market
5
Current Estimated Value
$267,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,280
Avg. Annual Appreciation
15.49%
Original Mortgage
$154,800
Interest Rate
2.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2022
Sold by
Ciraolo Sr Ronald J
Bought by
Ciraolo Duane C and Ciraolo Rhonda C

Purchase Details

Closed on
Mar 21, 2002
Sold by
Pace Margaret
Bought by
Ciraolo Ronald J

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mickey Holdings Llc $172,000 Concord Title
Ciraolo Duane C -- Testa Heck Testa & White Pa
Ciraolo Ronald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mickey Holdings Llc $231,000
Closed Mickey Holdings Llc $154,800
Closed Mickey Holdings Llc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $172,000 +14.7% $67 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $150,000 -- $59 / 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
2024 $4,300 $125,000 $54,400 $70,600
2023 $4,193 $125,000 $54,400 $70,600
2022 $4,193 $125,000 $54,400 $70,600
2021 $4,006 $125,000 $54,400 $70,600
2020 $4,144 $125,000 $54,400 $70,600
2019 $4,073 $125,000 $54,400 $70,600
2018 $4,066 $125,000 $54,400 $70,600
2017 $4,018 $125,000 $54,400 $70,600
2016 $3,815 $125,000 $54,400 $70,600
2015 $3,659 $125,000 $54,400 $70,600
2014 $3,499 $125,000 $54,400 $70,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2002970

Bright MLS

APN: 04-00190-0000-00019