NOT LISTED FOR SALE

203 Somerset Ave Merchantville, NJ 08109

Estimated Value: $292,713 - $329,000

3 Beds
1 Bath
1,530 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 28, 2014

Last sale price $135,000 $88 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,200/month

136 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • 1-minute walk to Merchantville Community Center & Park

About This Home

As of October 2014

Updated & Move in Condition. Large bright eat-in kitchen with maple cabinets and granite top island. Master bedroom has 2 walk in closets. Beautiful updated tile bath. High efficiency gas furnace with central air. You'll love: The wrap around porch, the view of the park and the golf course beyond; the landscaped back yard, the floor to ceiling tile in the bathroom and the crown molding in the dining room. New washer dryer included. This is the best price and location in Merchantville.

Last Agent to Sell the Property

Derek Eisenberg

(877) 996-5728 PropertyInquiry@ContinentalRealEstate.com Continental Real Estate Group License #611425 Listed on: 06/03/2014

Last Buyer's Agent

Timothy Kerr

(609) 870-4369 timkerrjr@gmail.com Real Broker, LLC License #0568781

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,512

Year Built

  • Built in 1900

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Outdoor Features

  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 24-00037 01-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,512

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer, Refrigerator
  • Inclusions: 6401003
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven - Self Cleaning
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Kitchen - Island, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Stone
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 1530
  • Living Area Sq Ft: 1530
  • Net Sq Ft: 1530.00
  • Price Per Sq Ft: 88.24
  • Above Grade Finished Sq Ft: 1530
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 68100.00
  • Land Assessed Value: 53900.00
  • Lot Features: Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1899711
  • Tax Annual Amount: 4512.00
  • Assessor Parcel Number: 24-00037 01-00015
  • Tax Lot: 00015
  • Tax Year: 2014

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2014
Closed on
Oct 28, 2014
Sold by
Howard Paul A
Bought by
Parks John M and Parks Kerry A
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
Timothy Kerr
Real Broker, LLC
List Price
$158,000
Sold Price
$135,000
Premium/Discount to List
-$23,000
-14.56%
Current Estimated Value
$314,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,678
Avg. Annual Appreciation
7.94%
Original Mortgage
$130,275
Outstanding Balance
$100,417
Interest Rate
4.17%
Mortgage Type
FHA
Estimated Equity
$214,261
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parks John M $135,000 Federation Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks John M $130,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2014 10/28/14 Sold $135,000 0.0% $88 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
08/29/2014 08/29/14 Price Changed $135,000 -1.5% $88 / Sq Ft
08/25/2014 08/25/14 Price Changed $137,000 -1.1% $90 / Sq Ft
08/21/2014 08/21/14 Price Changed $138,500 -0.4% $91 / Sq Ft
08/12/2014 08/12/14 Price Changed $139,000 -0.4% $91 / Sq Ft
08/04/2014 08/04/14 Price Changed $139,500 -0.3% $91 / Sq Ft
07/28/2014 07/28/14 Price Changed $139,900 -2.1% $91 / Sq Ft
07/15/2014 07/15/14 Price Changed $142,900 -1.4% $93 / Sq Ft
07/01/2014 07/01/14 Price Changed $144,900 -3.3% $95 / Sq Ft
06/24/2014 06/24/14 Price Changed $149,900 -3.2% $98 / Sq Ft
06/10/2014 06/10/14 Price Changed $154,900 -2.0% $101 / Sq Ft
06/03/2014 06/03/14 For Sale $158,000 -- $103 / 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 $6,501 $122,000 $53,900 $68,100
2024 $6,189 $122,000 $53,900 $68,100
2023 $6,189 $122,000 $53,900 $68,100
2022 $5,927 $122,000 $53,900 $68,100
2021 $5,887 $122,000 $53,900 $68,100
2020 $5,772 $122,000 $53,900 $68,100
2019 $5,664 $122,000 $53,900 $68,100
2018 $5,395 $122,000 $53,900 $68,100
2017 $5,167 $122,000 $53,900 $68,100
2016 $4,930 $122,000 $53,900 $68,100
2015 $4,682 $122,000 $53,900 $68,100
2014 $4,512 $122,000 $53,900 $68,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002953898

Bright MLS

APN: 24-00037-01-00015