NOT LISTED FOR SALE

8 Fenwick Ave Pennsville, NJ 08070

Estimated Value: $164,123 - $376,000

-- Bed
-- Bath
2,980 Sq Ft
$84/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $38,000 $13 Per Sq Ft

Est. 558% increase in value since last sale

Current estimated payment $1,758/month

159 Days on Market

Highlights

  • No HOA
  • En-Suite Primary Bedroom
  • Baseboard Heating

About This Home

As of August 2015

Investment opportunity here. You have options. Fix it up and rent out both units or live in one and have the tenant pay your mortgage. Either way could be profitable. Upstairs unit has a large living-room area and needs some tlc. The downstairs unit has already been gutted for you. Sold as is. All inspections and certifications are the purchasers responsibility.

Last Agent to Sell the Property

NATASHA LAVARD

Berkshire Hathaway HomeServices Healy Realtors License #TREND:60043927 Listed on: 03/05/2015

Last Buyer's Agent

Carol M Smith

Mahoney Realty Pennsville, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 5,350 Sq Ft Lot
  • Lot Dimensions are 50x107
  • Property is in below average condition

Home Design

  • 2,980 Sq Ft Home
  • Duplex
  • Vinyl Siding
  • Stucco

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Additional Features

  • En-Suite Primary Bedroom
  • Washer and Dryer Hookup

Community Details

  • No Home Owners Association
  • Operating Expense $5,958

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 09-02005-00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: As Is, Where Is
  • New Construction: No
  • Year Built: 1936
  • Remarks Public: Investment opportunity here. You have options. Fix it up and rent out both units or live in one and have the tenant pay your mortgage. Either way could be profitable. Upstairs unit has a large living-room area and needs some tlc. The downstairs unit has already been gutted for you. Sold as is. All inspections and certifications are the purchasers responsibility.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 2980
  • Living Area Sq Ft: 2980
  • Price Per Sq Ft: 15.07
  • Above Grade Finished Sq Ft: 2980
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric, Baseboard
  • 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

Schools

  • School District: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396394

Lot Info

  • Improvement Assessed Value: 135200.00
  • Land Assessed Value: 40700.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50X107
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5350.00
  • Property Condition: Below Average
  • Zoning: 02

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2202832
  • Tax Annual Amount: 5958.00
  • Assessor Parcel Number: 09-02005-00003
  • Tax Lot: 00003
  • Tax Year: 2014
  • Close Date: 08/27/2015

MLS Schools

  • School District Name: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2015
Closed on
Aug 13, 2015
Sold by
Cp Srmof Ii 2013 1 Trust
Bought by
Pennington Steven M and Pennington Deborah L
Seller's Agent
NATASHA LAVARD
Berkshire Hathaway HomeServices Healy Realtors
Buyer's Agent
Carol M Smith
Mahoney Realty Pennsville, LLC
List Price
$59,900
Sold Price
$38,000
Premium/Discount to List
-$21,900
-36.56%
Current Estimated Value
$250,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,031
Avg. Annual Appreciation
22.27%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Grabowski Lauren
Bought by
1Reo Cp Srmof Ii Reo 2013

Purchase Details

Closed on
May 25, 2000
Sold by
Wilbraham Betty J
Bought by
Grabowski Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
8.12%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Ariz Sergio and Ariz Caridad F
Bought by
Wilbraham Betty J

Purchase Details

Closed on
Oct 31, 1995
Sold by
Seitz Clifton W and Seitz Sarah
Bought by
Sheppard Terry A
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
Pennington Steven M $38,000 Heritate Title
1Reo Cp Srmof Ii Reo 2013 -- Crystal Title Agency Llc
Grabowski Lauren $95,000 --
Wilbraham Betty J $80,000 Intercoastal Title Agency In
Sheppard Terry A $68,000 Intercoastal Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grabowski Lauren $177,946
Previous Owner Grabowski Lauren $138,579
Previous Owner Grabowski Lauren $121,800
Previous Owner Grabowski Lauren $10,000
Previous Owner Grabowski Lauren $100,000
Previous Owner Grabowski Lauren $8,000
Previous Owner Grabowski Lauren $90,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2015 08/27/15 Sold $38,000 -36.6% $13 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $59,900 -- $20 / 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 $4,491 $91,500 $40,700 $50,800
2023 $4,491 $91,500 $40,700 $50,800
2022 $4,350 $91,500 $40,700 $50,800
2021 $4,220 $91,500 $40,700 $50,800
2020 $4,102 $91,500 $40,700 $50,800
2019 $3,899 $91,500 $40,700 $50,800
2018 $3,759 $91,500 $40,700 $50,800
2017 $3,626 $91,500 $40,700 $50,800
2016 $6,415 $175,900 $40,700 $135,200
2015 $6,121 $175,900 $40,700 $135,200
2014 $5,958 $175,900 $40,700 $135,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002547434

Bright MLS

APN: 09-02005-0000-00003