NOT LISTED FOR SALE

200 Pitman Ave Pitman, NJ 08071

Estimated Value: $384,191 - $502,000

-- Bed
-- Bath
3,082 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $125,000 $41 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $3,291/month

44 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Heating Available
  • No HOA
  • Ceiling Fan

About This Home

As of March 2019

ATTENTION ALL INVESTORS ! This property is assessed for over $230k ! Duplex on a corner lot! Live in one unit and rent the other. Unit A is located on the first floor with two bedrooms and one bathroom and Unite B is the second and third floors that consist of three bedrooms and two full bathrooms. Front door entrances are both on the front porch. Parking is available which is hard to find in Pitman! Too much to list with this unique income property so reach out to the Listing agent...... Go see it today!

Last Listed By

MICHELE M COPELAND

EXP Realty, LLC Listed on: 11/28/2018

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,640 Sq Ft Lot
  • Lot Dimensions are 54x160

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • En-Suite Primary Bedroom
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • Driveway
  • On-Street Parking

Schools

  • Pitman Middle School
  • Pitman High School

Utilities

  • Heating Available
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 15-00080-00017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,973

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Exclusions: As Seen
  • Inclusions: As Seen
  • New Construction: No
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: ATTENTION ALL INVESTORS ! This property is assessed for over $230k ! Duplex on a corner lot! Live in one unit and rent the other. Unit A is located on the first floor with two bedrooms and one bathroom and Unite B is the second and third floors that consist of three bedrooms and two full bathrooms. Front door entrances are both on the front porch. Parking is available which is hard to find in Pitman! Too much to list with this unique income property so reach out to the Listing agent...... Go see it today!
  • Special Features: None

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Entry Location: Private
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partial, Unfinished
  • Laundry Type: Hookup
  • Total Sq Ft: 3082
  • Living Area Sq Ft: 3082
  • Price Per Sq Ft: 49.76
  • Above Grade Finished Sq Ft: 2512
  • Below Grade Finished Sq Ft: 570
  • Total Below Grade Sq Ft: 570
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 200

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • Middle School: PITMAN
  • High School: PITMAN
  • School District Key: 300200396141
  • High School: PITMAN
  • Middle Or Junior School: PITMAN

Lot Info

  • Improvement Assessed Value: 180600.00
  • Land Assessed Value: 53900.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 54X160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8640.00
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 2024692
  • Tax Annual Amount: 9973.00
  • Assessor Parcel Number: 15-00080-00017
  • Tax Lot: 00017
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/22/2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 22, 2019
Sold by
Mcdermott John
Bought by
Iannella Filippo and Iannella Michele
Seller's Agent
MICHELE M COPELAND
EXP Realty, LLC
Buyer's Agent
Michele Iannella
HomeSmart First Advantage Realty
List Price
$99,900
Sold Price
$125,000
Premium/Discount to List
$25,100
25.13%
Total Days on Market
44
Current Estimated Value
$451,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,048
Avg. Annual Appreciation
19.91%
Original Mortgage
$122,735
Outstanding Balance
$111,306
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$271,269

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 23, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcdermott John
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
MICHELE M COPELAND
EXP Realty, LLC
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.44%

Purchase Details

Closed on
Oct 4, 2017
Sold by
Gambino Giuseppa T and Martorano Philip J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 15, 2014
Sold by
Gambino Giuseppa T and Martorano Josephine
Bought by
Martorano Philip J

Purchase Details

Closed on
Sep 7, 2007
Sold by
Struble Michael
Bought by
Martorano Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2005
Sold by
Struble Russell L and Struble Elizabeth V
Bought by
Struble Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

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
Iannella Filippo $125,000 None Available
Mcdermott John $73,000 Connection Title Agency Of N
Federal Home Loan Mortgage Corporation -- None Available
Martorano Philip J -- Attorney
Martorano Josephine $215,000 Precision Title Agency
Struble Michael $275,000 Constitution Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannella Michele $4,139
Open Iannella Michele $26,206
Open Iannella Filippo $122,735
Previous Owner Martorano Josephine $193,500
Previous Owner Struble Michael $220,000
Previous Owner Struble Russell L $25,000
Previous Owner Struble Russell L $30,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $125,000 +0.1% $41 / Sq Ft
02/26/2019 02/26/19 Price Changed $124,900 +25.0% $41 / Sq Ft
02/26/2019 02/26/19 For Sale $99,900 0.0% $32 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
12/01/2018 12/01/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $99,900 +36.8% $32 / Sq Ft
03/15/2018 03/15/18 Sold $73,000 -2.5% $29 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $74,900 0.0% $30 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $74,900 +2.6% $30 / Sq Ft
12/29/2017 12/29/17 Off Market $73,000 -- --
12/27/2017 12/27/17 For Sale $74,900 -- $30 / 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
2024 $9,479 $278,700 $67,500 $211,200
2023 $9,479 $278,700 $67,500 $211,200
2022 $9,105 $278,700 $67,500 $211,200
2021 $6,559 $146,300 $53,900 $92,400
2020 $6,481 $146,300 $53,900 $92,400
2019 $10,144 $234,500 $53,900 $180,600
2018 $9,973 $234,500 $53,900 $180,600
2017 $9,849 $234,500 $53,900 $180,600
2016 $9,659 $234,500 $53,900 $180,600
2015 $9,399 $234,500 $53,900 $180,600
2014 $9,110 $234,500 $53,900 $180,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL152200

Bright MLS

APN: 15-00080-0000-00017