NOT LISTED FOR SALE

Estimated Value: $341,606 - $404,000

Studio
-- Bath
-- Sq Ft
4,356 Sq Ft

Last Sold May 18, 2016

Last sale price $160,000

Est. 133% increase in value since last sale

Current estimated payment $2,407/month

223 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Ceiling Fan
  • No HOA
  • Oversized Parking
  • 4-minute walk to Franklin Park

About This Home

As of May 2016

Great 2 family in Hamilton Township, live in one and the second will pay the mortgage! Investors delight 21% ROI*! Nice first floor apartment with 2 bedrooms 1 bath, eat in kitchen and large living room, hardwood floors and access to basement with washer and dryer, also access to the 1 car garage for first floor tenant. Second floor is a 1 bedroom, kitchen, dining room and large living room, access to attic storage. Separate furnaces and hot water heaters for each unit, second floor unit is newer. This unit has an excellent ROI - *Return on investment of approximately 21% call for details!

Last Agent to Sell the Property

Joe DeLorenzo

(609) 921-9202 yakenya@goselectgroup.com RE/MAX Select - Princeton License #9483422 Listed on: 06/29/2015

RE/MAX Select - Princeton

Last Buyer's Agent

Joe DeLorenzo

(609) 921-9202 yakenya@goselectgroup.com RE/MAX Select - Princeton License #9483422 Listed on: 06/29/2015

RE/MAX Select - Princeton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1955

Lot Details

  • 4,200 Sq Ft Lot
  • Lot Dimensions are 40x105
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 4 Open Parking Spaces
  • Oversized Parking
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Storage In Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Albert E Grice Middle School
  • Hamilton North Nottingham High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 60 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 03-02091-00014

Community Details

Overview

  • No Home Owners Association
  • Russell Terrace Subdivision

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Operating Expense $9,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,730

Year Built

Built in 1955

Lot Details

4,200 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Refrigerator
  • New Construction: No
  • Storage: Basement, Attic
  • Year Built: 1955
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Has Laundry

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 60 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Steam, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1324.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: HAMILTON NORTH NOTTINGHAM
  • Middle Or Junior School: ALBERT E GRICE

Lot Info

  • Improvement Assessed Value: 91900.00
  • Land Assessed Value: 18100.00
  • Lot Size Acres: 0.10
  • Lot Dimensions: 40X105
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 27000.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2099789
  • Tax Annual Amount: 5730.00
  • Assessor Parcel Number: 03-02091-00014
  • Tax Lot: 00014
  • Tax Year: 2015

MLS Schools

  • School District Name: HAMILTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
May 25, 2016
Sold by
Corcoran Gloria S and Corcoran Kevin F
Bought by
Davis Deschela M and Davis Deschelamayonne
Seller's Agent
Joe DeLorenzo
RE/MAX Select - Princeton
Buyer's Agent
Joe DeLorenzo
RE/MAX Select - Princeton
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Current Estimated Value
$372,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,902
Avg. Annual Appreciation
9.03%
Interest Rate
3.58%

Purchase Details

Closed on
Jun 21, 2005
Sold by
Palillo Thomas
Bought by
Corcoran Kevin and Corcoran Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davis Deschela M $160,000 --
Corcoran Kevin $249,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Davis Deschela M --
Previous Owner Corcoran Kevin $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $160,000 -19.6% --
02/07/2016 02/07/16 Pending -- -- --
06/29/2015 06/29/15 For Sale $199,000 0.0% --
03/01/2015 03/01/15 Rented $1,350 0.0% --
01/24/2015 01/24/15 Under Contract -- -- --
11/07/2014 11/07/14 For Rent $1,350 -- --
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 $5,896 $167,300 $26,800 $140,500
2024 $5,526 $167,300 $26,800 $140,500
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1002646376

Bright MLS

APN: 03-02091-0000-00014

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