NOT LISTED FOR SALE

705 Powell St Gloucester City, NJ 08030

Estimated Value: $175,000 - $219,000

3 Beds
1 Bath
1,184 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $55,800 $47 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $1,389/month

3 Days on Market

Highlights

  • Straight Thru Architecture
  • Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of November 2019

Great investment opportunity with positive cash flow! Current tenant has lease until June 2020. Section 8 Approved and currently rented for $975 per month. Tenant pays all utilities.

Last Agent to Sell the Property

Kari Vanderslice

KingsGate Realty LLC License #1967975 Listed on: 10/14/2019

Last Buyer's Agent

Christopher McKenty

Opus Elite Real Estate of NJ, LLC

Opus Elite Real Estate of NJ, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 1,360 Sq Ft Lot
  • Lot Dimensions are 20.00 x 68.00

Parking

  • On-Street Parking

Home Design

  • Straight Thru Architecture

Interior Spaces

  • 1,184 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 14-00075-00009

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1890
  • Remarks Public: Great investment opportunity with positive cash flow! Current tenant has lease until June 2020. Section 8 Approved and currently rented for $975 per month. Tenant pays all utilities.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1184
  • Living Area Sq Ft: 1184
  • Price Per Sq Ft: 47.13
  • Above Grade Finished Sq Ft: 1184
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 705

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • 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: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 59800.00
  • Land Assessed Value: 15500.00
  • Lot Size Acres: 0.03
  • Lot Dimensions: 20.00 x 68.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1360.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1852214
  • Tax Annual Amount: 3318.00
  • Assessor Parcel Number: 14-00075-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1184
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 11/13/2019

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Mcjcsr Llc
Bought by
Jm Neighborhood Properties Llc
Current Estimated Value
$197,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,747,000
Outstanding Balance
$1,683,525
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,487,947

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 14, 2019
Sold by
Byrne Patricia
Bought by
Mcjcsr Llc
Seller's Agent
Kari Vanderslice
KingsGate Realty LLC
Buyer's Agent
Christopher McKenty
Opus Elite Real Estate of NJ, LLC
List Price
$59,900
Sold Price
$55,800
Premium/Discount to List
-$4,100
-6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%
Original Mortgage
$50,000
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2008
Sold by
Hud
Bought by
Csink Gustav and Byrne Patricia

Purchase Details

Closed on
Jul 18, 2008
Sold by
Fugarino Barbara A
Bought by
Hud

Purchase Details

Closed on
Jul 6, 2000
Sold by
Johnson Margaret
Bought by
Fugarino Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,542
Interest Rate
8.28%
Mortgage Type
FHA
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
Jm Neighborhood Properties Llc -- Surety Title
Mcjcsr Llc $55,800 Surety Title Company
Csink Gustav $61,102 --
Hud $61,674 --
Fugarino Barbara A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jm Neighborhood Properties Llc $1,747,000
Previous Owner Mcjcsr Llc $50,000
Previous Owner Fugarino Barbara A $55,542
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $55,800 -6.8% $47 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $59,900 -- $51 / 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 $3,775 $75,300 $15,500 $59,800
2024 $3,768 $75,300 $15,500 $59,800
2023 $3,768 $75,300 $15,500 $59,800
2022 $3,543 $75,300 $15,500 $59,800
2021 $3,507 $75,300 $15,500 $59,800
2020 $3,387 $75,300 $15,500 $59,800
2019 $3,318 $75,300 $15,500 $59,800
2018 $3,253 $75,300 $15,500 $59,800
2017 $3,186 $75,300 $15,500 $59,800
2016 $3,065 $75,300 $15,500 $59,800
2015 $2,761 $75,300 $15,500 $59,800
2014 $2,770 $52,800 $9,400 $43,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kari Vanderslice

    KingsGate Realty LLC

    (856) 938-9165

    2 in this area

    10 Total Sales

    Kari Vanderslice
    Section Image
  • Christopher McKenty

    Buyer's Agent in 2019

    Christopher McKenty

    Opus Elite Real Estate of NJ, LLC

    (856) 889-4455

    5 in this area

    423 Total Sales

    Christopher McKenty
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD378508

Bright MLS

APN: 14-00075-0000-00009

New Jersey Camden County Gloucester City 08030

705 Powell St, Gloucester City, NJ

This home is located at 705 Powell St, Gloucester City, NJ 08030 since 14 October 2019 and is currently estimated at $197,053, approximately $166 per square foot. This property was built in 1890. 705 Powell St is a home located in Camden County with nearby schools including Cold Springs School, Gloucester City Middle School, and Gloucester City Junior/Senior High School.

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