Seller's Agent in 2021
Edward Welch
Higgins & Welch Real Estate, Inc.
(610) 331-7655
1 in this area
148 Total Sales
1501 Pine St Camden, NJ 08103
Parkside NeighborhoodEstimated Value: $592,093
1.82
Acres
$325,326
Price per Acre
79,279
Sq Ft Lot
Highlights
- 1.82 Acre Lot
- Corner Lot
- No HOA
About This Lot
As of December 20211.8+ acre corner lot Zoned R-2, ideal for residential development and with potential for residential, multi-family, or commercial uses. Located in historic Parkside neighborhood in the City of Camden. Campbell's Soup Co. occupies an office and industrial facility in immediate proximity and Cooper University Hospital within one mile. The 100-acre Farnham Park Grounds and Camden High School (currently undergoing a $130 million renovation) are located less than 1/2 mile eastward. Surrounding properties are a mix of industrial, commercial, and densely grouped residential buildings. Location is close to major travel routes (I-676 and Route 30) and 15 minute drive to Philadelphia International Airport. With major data sources, such as Moody's, speculating that Camden's economy will outperform the state and regional averages over the near term, this property could present attractive development opportunities.
Last Agent to Sell the Property
Higgins & Welch Real Estate, Inc. Listed on: 02/11/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,099
Lot Details
- 1.82 Acre Lot
- Corner Lot
- Level Lot
- Property is zoned R2
Utilities
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00017
- Assessor Parcel Number 08-01262-00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2021
Closed on
Dec 14, 2021
Sold by
Magnolia Investments Llc
Bought by
Maytav Bus Company Llc
Seller's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
Buyer's Agent
Edward Welch
Higgins & Welch Real Estate, Inc.
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,093
Avg. Annual Appreciation
6.79%
Purchase Details
Closed on
Aug 3, 2017
Sold by
1501 Associates Llc
Bought by
Magnolia Investments Llc
Purchase Details
Closed on
Jan 30, 2008
Sold by
Ex Realty Llc
Bought by
1501 Associates Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2004
Sold by
Camdett Corp
Bought by
Ex Realty Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maytav Bus Company Llc | $475,000 | Surety Title | |
| Magnolia Investments Llc | $330,000 | None Available | |
| 1501 Associates Llc | $250,000 | -- | |
| Ex Realty Llc | $21,000 | -- | |
| Ex Realty Llc | $21,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1501 Associates Llc | $100,000 | |
| Previous Owner | 1501 Associates Llc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2021 12/14/21 | Sold | $475,000 | -5.0% | -- |
| 12/08/2021 12/08/21 | Price Changed | $499,900 | 0.0% | -- |
| 10/26/2021 10/26/21 | Price Changed | $499,900 | 0.0% | -- |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 02/11/2021 02/11/21 | For Sale | $499,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,237 | $182,100 | $161,300 | $20,800 |
| 2023 | $6,237 | $182,100 | $161,300 | $20,800 |
| 2022 | $6,120 | $182,100 | $161,300 | $20,800 |
| 2021 | $6,099 | $182,100 | $161,300 | $20,800 |
| 2020 | $5,791 | $182,100 | $161,300 | $20,800 |
| 2019 | $5,545 | $182,100 | $161,300 | $20,800 |
| 2018 | $5,516 | $182,100 | $161,300 | $20,800 |
| 2017 | $5,381 | $182,100 | $161,300 | $20,800 |
| 2016 | $5,210 | $182,100 | $161,300 | $20,800 |
| 2015 | $5,015 | $182,100 | $161,300 | $20,800 |
| 2014 | $4,895 | $182,100 | $161,300 | $20,800 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Welch
-
Lee Abrams
Seller Co-Listing Agent in 2021
Lee Abrams
Higgins & Welch Real Estate, Inc.
(215) 813-7242
1 in this area
72 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD413000
APN: 08-01262-0000-00017
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