Seller's Agent in 2023
Wendy Sparks
EXP Realty, LLC
(856) 344-3722
22 in this area
113 Total Sales
201 Spruce Ave Salem, NJ 08079
Salem NeighborhoodEstimated Value: $220,344 - $244,000
3
Beds
2
Baths
1,616
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- Rambler Architecture
- Wood Frame Window
- Brick Front
- No HOA
- Shed
- Forced Air Heating and Cooling System
About This Home
As of August 2023Welcome to Chestnut Terrace! This is your opportunity to own a beautiful home that has been owned & loved by the same family since its construction almost 70 years ago! As you approach this home you can see the care that has been taken into the curb appeal and you will see the same as you tour the inside. This ranch style home has the perfect layout to enjoy single story living; a family room with a wood burning fireplace, eat-in kitchen, living or dining room, lovely 3 seasons room, 3 bedrooms, a full bath off the hall and the main bedroom features a large walk-in closet and en-suite. The utility/laundry room features extra storage, an extra refrigerator, and a large laundry area. Nice, quiet neighborhood located just minutes away from the Delaware Memorial Bridge, NJ Turnpike, and about 40 minutes to the Philadelphia International Airport. Have school aged children? Take advantage of the Forman Acton Foundation!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,848
Year Built
- Built in 1954
Lot Details
- 10,001 Sq Ft Lot
- Lot Dimensions are 100.00 x 100.00
- Chain Link Fence
Home Design
- Rambler Architecture
- Frame Construction
- Architectural Shingle Roof
- Brick Front
Interior Spaces
- 1,616 Sq Ft Home
- Property has 1 Level
- Fireplace With Glass Doors
- Brick Fireplace
- Wood Frame Window
- Crawl Space
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Parking Space
- 1 Driveway Space
Outdoor Features
- Shed
Location
- Flood Risk
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Chestnut Terrace Subdivision
Listing and Financial Details
- Tax Lot 00014
- Assessor Parcel Number 13-00102-00014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2023
Closed on
Aug 2, 2023
Sold by
White Sylvia C and Buechler Deborah W
Bought by
Hayes Michael W
Seller's Agent
Wendy Sparks
EXP Realty, LLC
Buyer's Agent
Patrick Dwyer
American Dream Realty of South Jersey
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Total Days on Market
12
Views
161
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
$25,586
Avg. Annual Appreciation
6.87%
Original Mortgage
$206,196
Outstanding Balance
$202,421
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$33,165
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 |
|---|---|---|---|
| Hayes Michael W | $210,000 | West Jersey Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hayes Michael W | $206,196 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $210,000 | +5.0% | $130 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $200,000 | -- | $124 / Sq Ft |
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 | $6,116 | $77,800 | $33,500 | $44,300 |
| 2023 | $6,116 | $77,800 | $33,500 | $44,300 |
| 2022 | $5,348 | $77,800 | $33,500 | $44,300 |
| 2021 | $4,802 | $77,800 | $33,500 | $44,300 |
| 2020 | $5,033 | $77,800 | $33,500 | $44,300 |
| 2019 | $5,000 | $77,800 | $33,500 | $44,300 |
| 2018 | $4,879 | $77,800 | $33,500 | $44,300 |
| 2017 | $4,814 | $77,800 | $33,500 | $44,300 |
| 2016 | $3,416 | $100,000 | $42,700 | $57,300 |
| 2015 | $3,366 | $100,000 | $42,700 | $57,300 |
| 2014 | $3,346 | $100,000 | $42,700 | $57,300 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Sparks
-
Patrick Dwyer
P
Buyer's Agent in 2023
Patrick Dwyer
American Dream Realty of South Jersey
(856) 466-6636
1 in this area
17 Total Sales
Map
Similar Homes in Salem, NJ
Source: Bright MLS
MLS Number: NJSA2007838
APN: 13-00102-0000-00014
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