$229,500
SOLD SEP 23, 2016

18 Walnut Ave Pitman, NJ 08071

-- Bed
-- Bath
2,186 Sq Ft
0.26 Acres

Recently Sold

$105 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Shed
  • Forced Air Heating and Cooling System
  • Parking Storage or Cabinetry
  • En-Suite Primary Bedroom

About This Home

As of September 2016

Great investment property with many rental opportunities. Currently two unit, but could be a three unit with minor alterations. Large three car, high ceiling garage, with compressor and heat. Double driveway for each unit.

Last Agent to Sell the Property

Michele Church

Weichert Realtors-Turnersville License #0017428

Weichert Realtors-Turnersville

Co-Listed By

Mishel Taylor

Weichert Realtors - Rumson License #1007320

Last Buyer's Agent

Mishel Taylor

Weichert Realtors - Rumson License #1007320

Weichert Realtors - Rumson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,457

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Property is in good condition

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,186 Sq Ft Home
  • Storage In Attic
  • Laundry in unit

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 8 Car Garage
  • 5 Open Parking Spaces
  • Parking Storage or Cabinetry

Outdoor Features

  • Shed
  • Storage Shed

Schools

  • Memorial Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $8,457

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 15-00198-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,457

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Personal Items
  • Inclusions: Applicances
  • New Construction: No
  • Storage: Basement, Attic, Garage, Shed
  • Year Built: 1900
  • Remarks Public: Great investment property with many rental opportunities. Currently two unit, but could be a three unit with minor alterations. Large three car, high ceiling garage, with compressor and heat. Double driveway for each unit.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2186
  • Living Area Sq Ft: 2186
  • Price Per Sq Ft: 104.99
  • Above Grade Finished Sq Ft: 2186
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: 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
  • Open Parking Spaces Count: 5
  • Total Garage And Parking Spaces: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • 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: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: MEMORIAL
  • Middle School: PITMAN
  • High School: PITMAN
  • School District Key: 300200396141
  • Elementary School: MEMORIAL
  • High School: PITMAN
  • Middle Or Junior School: PITMAN

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 75X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Property Condition: Good
  • Zoning: MUL

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 26400.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 8457.00
  • Assessor Parcel Number: 15-00198-00024
  • Tax Lot: 00024
  • Tax Year: 2015
  • Close Date: 09/23/2016

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2016
Closed on
Sep 22, 2016
Sold by
Jefferys Michael T and Jefferys Maria E
Bought by
Adams Jeff
Seller's Agent
Michele Church
Weichert Realtors-Turnersville
Buyer's Agent
Mishel Taylor
Weichert Realtors - Rumson
List Price
$229,500
Sold Price
$229,500
Total Days on Market
2
Current Estimated Value
$427,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,794
Avg. Annual Appreciation
7.11%
Original Mortgage
$172,125
Outstanding Balance
$139,704
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$276,589

Purchase Details

Closed on
Dec 2, 2011
Sold by
Paster David L and Paster Meghan A
Bought by
Jefferys Michael T and Jefferys Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
4.4%
Mortgage Type
FHA

Map

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 Type Sale Price Title Company
Deed $229,500 Westcor Land Title Ins Co
Deed $215,000 Homestead Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,125 New Conventional
Previous Owner $209,549 FHA
Previous Owner $227,700 Unknown
Previous Owner $213,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Rented $1,475 0.0% --
05/09/2022 05/09/22 For Rent $1,475 0.0% --
09/23/2016 09/23/16 Sold $229,500 0.0% $105 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $229,500 -- $105 / Sq Ft
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
2024 $10,540 $309,900 $52,700 $257,200
2023 $10,540 $309,900 $52,700 $257,200
2022 $10,124 $309,900 $52,700 $257,200
2021 $9,459 $211,000 $47,600 $163,400
2020 $9,347 $211,000 $47,600 $163,400
2019 $9,128 $211,000 $47,600 $163,400
2018 $8,974 $211,000 $47,600 $163,400
2017 $8,862 $211,000 $47,600 $163,400
2016 $8,691 $211,000 $47,600 $163,400
2015 $8,457 $211,000 $47,600 $163,400
2014 $8,197 $211,000 $47,600 $163,400
Source: Public Records

Source: Bright MLS

MLS Number: 1002471178

Bright MLS

APN: 15-00198-0000-00024