224 West Ave Pitman, NJ 08071
Estimated Value: $296,000 - $370,000
--
Bed
--
Bath
1,759
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- No HOA
- En-Suite Primary Bedroom
- Wood Siding
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- 4-minute walk to Shertel Park & Pitman Pump Track
About This Home
As of May 2016This Italianate porch post supported duplex will surely catch your eye. Architecturally speaking this house is important because it retains its narrow gauge, vertical beeded wall boarding, on both interior and exterior. This material was typical of most of the cottages when they were first built. Investors you must check this one out. This is a great opportunity to own an investment property in the Historic Pitman Grove. This multi-family home is in above-average condition and both units are currently occupied. The property features a 1st floor unit with 1 bedroom, 1 bathroom, living room, kitchen, laundry area with washer and dryer, new water heater 2015, spacious front porch and outside storage unit. The kitchen and appliances all new 2015. The 2nd unit is an upstairs unit and features 2 bedrooms, 1 bathroom, Living room, kitchen (redone 2012), new water heater 2015, laundry room with washer and dryer, storage attic, brand new heater, (January 2016) and deck. Tenants have assigned driveway parking at the property. Make your appointment today. Being sold in "as is" condition.
Last Agent to Sell the Property
BHHS Fox & Roach-Mullica Hill North License #9804693 Listed on: 01/15/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,375
Year Built
- Built in 1900
Lot Details
- 4,410 Sq Ft Lot
- Lot Dimensions are 45 x 98
- Property is in good condition
Parking
- Driveway
Home Design
- Duplex
- Pitched Roof
- Wood Siding
Interior Spaces
- En-Suite Primary Bedroom
- 1,759 Sq Ft Home
- Vinyl Flooring
- Unfinished Basement
- Crawl Space
- Storage In Attic
- Laundry in unit
Schools
- Pitman Middle School
- Pitman High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00034
- Assessor Parcel Number 15-00188-00034
Community Details
Overview
- No Home Owners Association
- Pitman Grove Subdivision
Building Details
- Operating Expense $5,375
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2016
Closed on
May 26, 2016
Sold by
Dougherty Nancy E and Estate Of Julia G Larson
Bought by
Dougherty Daniel
Seller's Agent
Eileen Pilone
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Karen Salcedo
BHHS Fox & Roach-Mullica Hill North
List Price
$152,000
Sold Price
$129,450
Premium/Discount to List
-$22,550
-14.84%
Total Days on Market
95
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
$202,192
Avg. Annual Appreciation
11.09%
Original Mortgage
$127,105
Outstanding Balance
$103,466
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$231,626
Purchase Details
Closed on
Dec 17, 1997
Sold by
Larson William S and Larson Julia G
Bought by
Larson Julia G
Similar Homes in Pitman, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dougherty Daniel | $129,450 | Sjs Title Llc | |
| Larson Julia G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dougherty Daniel | $127,105 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2016 05/26/16 | Sold | $129,450 | -14.8% | $74 / Sq Ft |
| 04/19/2016 04/19/16 | Pending | -- | -- | -- |
| 01/15/2016 01/15/16 | For Sale | $152,000 | -- | $86 / 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 | $7,496 | $220,400 | $30,100 | $190,300 |
| 2023 | $7,496 | $220,400 | $30,100 | $190,300 |
| 2022 | $7,200 | $220,400 | $30,100 | $190,300 |
| 2021 | $5,645 | $134,100 | $27,100 | $107,000 |
| 2020 | $5,941 | $134,100 | $27,100 | $107,000 |
| 2019 | $5,801 | $134,100 | $27,100 | $107,000 |
| 2018 | $5,703 | $134,100 | $27,100 | $107,000 |
| 2017 | $5,632 | $134,100 | $27,100 | $107,000 |
| 2016 | $5,524 | $134,100 | $27,100 | $107,000 |
| 2015 | $5,375 | $134,100 | $27,100 | $107,000 |
| 2014 | $5,210 | $134,100 | $27,100 | $107,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eileen Pilone
Seller's Agent in 2016
Eileen Pilone
BHHS Fox & Roach
(609) 685-9468
3 in this area
69 Total Sales
-
Karen Salcedo
Seller Co-Listing Agent in 2016
Karen Salcedo
BHHS Fox & Roach
(609) 680-5195
7 in this area
127 Total Sales
Map
Source: Bright MLS
MLS Number: 1003969751
APN: 15-00188-0000-00034
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