NOT LISTED FOR SALE

Estimated Value: $301,000 - $505,335

Studio
2 Baths
2,032 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2014

Last sale price $230,000 $113 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,897 / mo

310 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating System Uses Gas

About This Home

As of December 2014

Great Investment Opportunity! Chance to own a Commercial Property with Tremendous Exposure & a Duplex! The Entire Parcel Currently Consists of a Restaurant, Duplex & Parking Lot for Both Properties. Both Properties are Completely Owner Occupied & Everything is Contained on One Tax Parcel. Both Apartments Have Been Meticulously Maintained & the Restaurant has Been Completely Remodeled. The 1st Floor Unit Features 2 Bedrooms, Central Air, Large Eat-In Kitchen, Tile Bathroom & an Oversized Family Room. 2nd Floor Unit has a Family Room, 1 Bedroom, Tile Bathroom & an Eat-In Kitchen. The Restaurant Consists of a Full Service Kitchen & Seating for 30+ People. There is Also an Outside Deck that Seats Approx 35 People & a Finished Basement for Storage & Supplies. The Entire Building has been Completely Remodeled & has a Dual Central Air System, New Tile Throughout & 2 New Bathrooms. This is a Great Location for Anyone Looking to Occupy a Unit while Running their Business and Still have a 3rd Income Producing Unit! Restaurant's Address is 388 Bristol Pike.

Last Agent to Sell the Property

Bayram Kose

(856) 616-2626 preferred@njpreferredhomes.com RE/MAX Preferred - Cherry Hill Listed on: 01/08/2014

RE/MAX Preferred - Cherry Hill

Last Buyer's Agent

Mara Irizarry

(215) 395-6277 info@opuselitere.com Opus Elite Real Estate License #RS221999L

Opus Elite Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 15,400 Sq Ft Lot
  • Lot Dimensions are 110x140

Parking

  • 8 Open Parking Spaces

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 2,032 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • No Home Owners Association
  • Operating Expense $8,437

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 04-006-055

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0.35 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2032
  • Living Area Sq Ft: 2032
  • Price Per Sq Ft: 147.15
  • Above Grade Finished Sq Ft: 2032
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • 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: 8

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: 13400.00
  • Land Assessed Value: 22680.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 110X140
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15400.00
  • Zoning: HC

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 19568
  • Tax Annual Amount: 8437.00
  • Assessor Parcel Number: 04-006-055
  • Tax Lot: 055
  • Tax Year: 2014

MLS Schools

  • School District Name: BRISTOL BOROUGH

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Dec 1, 2014
Sold by
Bought by
Seller's Agent
Bayram Kose
RE/MAX Preferred - Cherry Hill
Buyer's Agent
Mara Irizarry
Opus Elite Real Estate
List Price
$299,000
Sold Price
$230,000
Premium/Discount to List
-$69,000
-23.08%
Current Estimated Value
$403,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,168
Avg. Annual Appreciation
4.93%
Original Mortgage
$145,000
Interest Rate
0.0393%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 None Available
$175,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $230,000 -23.1% $113 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $299,000 -- $147 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,401 $36,080 $22,680 $13,400
2025 $8,401 $36,080 $22,680 $13,400
2024 $8,401 $36,080 $22,680 $13,400
2023 $8,329 $36,080 $22,680 $13,400
2022 $8,329 $36,080 $22,680 $13,400
2021 $8,329 $36,080 $22,680 $13,400
2020 $8,563 $36,080 $22,680 $13,400
2019 $8,527 $36,080 $22,680 $13,400
2018 $8,527 $36,080 $22,680 $13,400
2017 $8,482 $36,080 $22,680 $13,400
2016 $8,482 $36,080 $22,680 $13,400
2015 -- $36,080 $22,680 $13,400
2014 -- $36,080 $22,680 $13,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002780024

Bright MLS

APN: 04-006-055

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