NOT LISTED FOR SALE

15 Morgan Ave Palmyra, NJ 08065

Estimated Value: $369,000 - $504,000

3 Beds
2.5 Baths
1,536 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $395,000 $257 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,901/month

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Hot Water Heating System

About This Home

As of August 2021

This meticulously maintained home is located in one of South Jersey’s most Historic Riverfront Communities!
This stately 2 story home features 3 bedrooms, 2.5 baths,full basement + 24 x 40 garage! It is situated on an oversized double lot (125 X 50)......just a couple hundred yards from the “river’s edge”. As you enter the enclosed front porch to the home and look to your right, you see the water. Imagine sitting on the porch having an afternoon cocktail viewing the sailboats going by. Once inside you will see the “pride in ownership”. The main level features a dining area and a beautifully updated kitchen (w/half bath) accented with granite countertops, white cabinetry, and a full stainless steel appliance package. On the other side of the center staircase is a 22 X 12 “Great Room” with recently refinished hardwood floors and a gas-burning fireplace. There is also a sliding glass lending access to the backyard. The upper level offers 3 bedrooms, with the master having its own private bath, walk-in closet, and gas fireplace. There are 2 additional bedrooms and a newly renovated modern hall bath. The finished basement will make a great office, separate TV room or child’s play area, etc...The oversized backyard is an additional component that makes this property spectacular! The yard is private, fully fenced & highlighted with a newer patio featuring a HOT TUB and FIREPIT! Detached from the home is a custom-built 4 car garage/workspace (only 5 years old) with electric, (MULTI-FUNCTIONAL) presently used to store classic cars. Just another feature that makes this property extra special! Only blocks away from the NJ Riverline and only a few minutes from Philadelphia. OPEN HOUSE SATURDAY JULY 10, 11-1PM

Last Agent to Sell the Property

Joseph McColgan

(609) 314-9862 joemccolgan33@gmail.com Coldwell Banker Realty Listed on: 07/08/2021

Coldwell Banker Realty

Last Buyer's Agent

Ron Halbruner

(609) 602-5762 ron@jrreteam.com Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,556

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75.00 x 150.00

Parking

  • 4 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Ductless Heating Or Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 27-00101-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,556

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-08
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This meticulously maintained home is located in one of South Jersey’s most Historic Riverfront Communities! This stately 2 story home features 3 bedrooms, 2.5 baths,full basement + 24 x 40 garage! It is situated on an oversized double lot (125 X 50)......just a couple hundred yards from the “river’s edge”. As you enter the enclosed front porch to the home and look to your right, you see the water. Imagine sitting on the porch having an afternoon cocktail viewing the sailboats going by. Once inside you will see the “pride in ownership”. The main level features a dining area and a beautifully updated kitchen (w/half bath) accented with granite countertops, white cabinetry, and a full stainless steel appliance package. On the other side of the center staircase is a 22 X 12 “Great Room” with recently refinished hardwood floors and a gas-burning fireplace. There is also a sliding glass lending access to the backyard. The upper level offers 3 bedrooms, with the master having its own private bath, walk-in closet, and gas fireplace. There are 2 additional bedrooms and a newly renovated modern hall bath. The finished basement will make a great office, separate TV room or child’s play area, etc...The oversized backyard is an additional component that makes this property spectacular! The yard is private, fully fenced & highlighted with a newer patio featuring a HOT TUB and FIREPIT! Detached from the home is a custom-built 4 car garage/workspace (only 5 years old) with electric, (MULTI-FUNCTIONAL) presently used to store classic cars. Just another feature that makes this property extra special! Only blocks away from the NJ Riverline and only a few minutes from Philadelphia. OPEN HOUSE SATURDAY JULY 10, 11-1PM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1536
  • Living Area Sq Ft: 1536
  • Price Per Sq Ft: 250.59
  • Above Grade Finished Sq Ft: 1536
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 15

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Garage Features: Oversized, Garage - Front Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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
  • Senior Community: No

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 93700.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 75.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1714598
  • Tax Annual Amount: 6556.00
  • Assessor Parcel Number: 27-00101-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1536
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/09/2021

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Sep 6, 2021
Sold by
Borror Timothy E and Fenner Andrea
Bought by
Dougherty Michael C
Seller's Agent
Joseph McColgan
Coldwell Banker Realty
Buyer's Agent
Ron Halbruner
Keller Williams Realty - Cherry Hill
List Price
$384,900
Sold Price
$395,000
Premium/Discount to List
$10,100
2.62%
Current Estimated Value
$421,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,842
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Mar 10, 2017
Sold by
Borror Timothy E and Fenner Andrea
Bought by
Borror Timothy E

Purchase Details

Closed on
Mar 24, 2016
Sold by
Borror Timothy E
Bought by
Borror Timothy E and Fenner Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,462
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2007
Sold by
Bunn Patrick D and Kantz Esther L
Bought by
Borror Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
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
Dougherty Michael C $395,000 Surety Title Company
Borror Timothy E -- None Available
Borror Timothy E -- Old Republic Natl Title Ins
Borror Timothy E $335,000 Integrity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borror Timothy E $259,462
Previous Owner Borror Timothy E $301,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $395,000 +2.6% $257 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $384,900 -- $251 / 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 $7,973 $184,400 $70,000 $114,400
2024 $7,808 $184,400 $70,000 $114,400
2023 $7,808 $184,400 $70,000 $114,400
2022 $7,623 $184,400 $70,000 $114,400
2021 $6,532 $163,700 $70,000 $93,700
2020 $6,556 $163,700 $70,000 $93,700
2019 $6,350 $163,700 $70,000 $93,700
2018 $6,260 $163,700 $70,000 $93,700
2017 $6,180 $163,700 $70,000 $93,700
2016 $6,059 $163,700 $70,000 $93,700
2015 $5,972 $163,700 $70,000 $93,700
2014 $5,708 $163,700 $70,000 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2000550

Bright MLS

APN: 27-00101-0000-00004