228 Mercer St Gloucester City, NJ 08030
Estimated Value: $175,000 - $204,000
3
Beds
1
Bath
1,504
Sq Ft
$123/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Living Room
- Dining Room
- No HOA
- Central Air
- Hot Water Heating System
About This Home
As of January 2023This home is located at 228 Mercer St, Gloucester City, NJ 08030 since 28 November 2022 and is currently estimated at $185,706, approximately $123 per square foot. This property was built in 1910. 228 Mercer St is a home located in Camden County with nearby schools including Cold Springs School, Gloucester City Middle School, and Gloucester City Junior/Senior High School.
Last Agent to Sell the Property
Penzone Realty License #1752392 Listed on: 11/28/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,693
Year Built
- Built in 1910
Lot Details
- 1,699 Sq Ft Lot
- Lot Dimensions are 20.00 x 85.00
Parking
- On-Street Parking
Home Design
- Semi-Detached or Twin Home
- Traditional Architecture
- Permanent Foundation
- Frame Construction
Interior Spaces
- 1,504 Sq Ft Home
- Property has 2 Levels
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00007
- Assessor Parcel Number 14-00029-00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2022
Closed on
Jan 5, 2023
Sold by
Marmo Properties Llc
Bought by
Merulla Michael A
Seller's Agent
Katherine Schell
Penzone Realty
Buyer's Agent
Frank Tees
Joe Wiessner Realty LLC
List Price
$128,000
Sold Price
$130,000
Premium/Discount to List
$2,000
1.56%
Views
16
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
$55,706
Avg. Annual Appreciation
16.97%
Original Mortgage
$104,000
Outstanding Balance
$101,264
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$89,618
Purchase Details
Listed on
Apr 29, 2017
Closed on
Dec 27, 2017
Sold by
Velazquez Luis N
Bought by
Marmo Properties Llc
Seller's Agent
David Ralic
Society
Buyer's Agent
Donna Flood Macdermott
BHHS Fox & Roach-Mullica Hill South
List Price
$130,000
Sold Price
$45,000
Premium/Discount to List
-$85,000
-65.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%
Original Mortgage
$50,000
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 30, 2010
Sold by
Bell David Allen and Bell Tina Marie
Bought by
Velazquez Luis N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,704
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 14, 2000
Sold by
Costello Michael A
Bought by
Bell David Allen and Bell Tina Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,038
Interest Rate
8.21%
Mortgage Type
VA
Similar Homes in the area
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 |
|---|---|---|---|
| Merulla Michael A | $130,000 | Core Title | |
| Marmo Properties Llc | $45,000 | Surety Title Co | |
| Velazquez Luis N | $89,900 | -- | |
| Bell David Allen | $56,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merulla Michael A | $104,000 | |
| Previous Owner | Marmo Properties Llc | $50,000 | |
| Previous Owner | Velazquez Luis N | $88,704 | |
| Previous Owner | Bell David Allen | $58,038 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $130,000 | +1.6% | $86 / Sq Ft |
| 12/09/2022 12/09/22 | Pending | -- | -- | -- |
| 11/28/2022 11/28/22 | For Sale | $128,000 | +184.4% | $85 / Sq Ft |
| 12/13/2017 12/13/17 | Sold | $45,000 | 0.0% | $30 / Sq Ft |
| 06/05/2017 06/05/17 | Pending | -- | -- | -- |
| 05/12/2017 05/12/17 | Price Changed | $45,000 | -65.4% | $30 / Sq Ft |
| 04/29/2017 04/29/17 | For Sale | $130,000 | -- | $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 | $3,928 | $78,500 | $17,500 | $61,000 |
| 2023 | $3,928 | $78,500 | $17,500 | $61,000 |
| 2022 | $3,693 | $78,500 | $17,500 | $61,000 |
| 2021 | $3,657 | $78,500 | $17,500 | $61,000 |
| 2020 | $3,531 | $78,500 | $17,500 | $61,000 |
| 2019 | $3,459 | $78,500 | $17,500 | $61,000 |
| 2018 | $3,391 | $78,500 | $17,500 | $61,000 |
| 2017 | $3,321 | $78,500 | $17,500 | $61,000 |
| 2016 | $3,196 | $78,500 | $17,500 | $61,000 |
| 2015 | $2,878 | $78,500 | $17,500 | $61,000 |
| 2014 | $2,744 | $52,300 | $11,200 | $41,100 |
Source: Public Records
Agents Affiliated with this Home
-
Katherine Schell
Seller's Agent in 2023
Katherine Schell
Penzone Realty
(856) 494-6705
5 in this area
15 Total Sales
-
Frank Tees
Buyer's Agent in 2023
Frank Tees
Joe Wiessner Realty LLC
(856) 874-6158
1 in this area
43 Total Sales
-
David Ralic
Seller's Agent in 2017
David Ralic
Society
(609) 553-4117
11 in this area
254 Total Sales
-
Seller Co-Listing Agent in 2017
Michael Maryott
RE/MAX Connection
-
Donna Flood Macdermott
Buyer's Agent in 2017
Donna Flood Macdermott
BHHS Fox & Roach
(609) 706-6755
1 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2038884
APN: 14-00029-0000-00007
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