NOT LISTED FOR SALE

257 Lake Ave Pitman, NJ 08071

Estimated Value: $353,000 - $401,000

3 Beds
2 Baths
1,811 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $187,000 $103 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,664/month

42 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Area or Nook
  • Wood Burning Stove
  • No HOA
  • 2-minute walk to Shertel Park & Pitman Pump Track

About This Home

As of May 2019

Come see this 3 bedroom, 2 bathroom home in a desirable section of Pitman. Only 2 blocks from Alcyon Lake and 1 block from WCK Walls Elementary School, this home has beautiful original hardwood floors, a large eat in kitchen, a 20 x20 family room addition and a wood burning stove. The 3 spacious bedrooms are on the 2nd floor with one full bathroom. There is also a 2nd full bathroom on the main level. Laundry was moved out of the basement and onto the main level. There is a large driveway and 2 sheds in the back yard. The roof was installed in 2017. Don't miss out on an opportunity to own this truly unique home! Also see 252 Lake Ave listing right across the street!

Last Agent to Sell the Property

Danielle Carter

Redfin Listed on: 03/01/2019

Redfin

Last Buyer's Agent

Danielle Bailey

Coldwell Banker Realty License #893602

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,562

Year Built

  • Built in 1931

Lot Details

  • 8,330 Sq Ft Lot
  • Lot Dimensions are 49x170

Home Design

  • Colonial Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,811 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Stained Glass
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Wood or Metal Shed
  • Outbuilding
  • Porch

Schools

  • W C K Walls Eslementary Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pitman Subdivision

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 15-00187-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,562

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Range, Microwave Oven, Dishwasher, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1931
  • Remarks Public: Come see this 3 bedroom, 2 bathroom home in a desirable section of Pitman. Only 2 blocks from Alcyon Lake and 1 block from WCK Walls Elementary School, this home has beautiful original hardwood floors, a large eat in kitchen, a 20 x20 family room addition and a wood burning stove. The 3 spacious bedrooms are on the 2nd floor with one full bathroom. There is also a 2nd full bathroom on the main level. Laundry was moved out of the basement and onto the main level. There is a large driveway and 2 sheds in the back yard. The roof was installed in 2017. Don't miss out on an opportunity to own this truly unique home! Also see 252 Lake Ave listing right across the street!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Eat-In, Stain/Lead Glass, Wood Floors, Stove - Wood
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Bathroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1811
  • Living Area Sq Ft: 1811
  • Price Per Sq Ft: 104.86
  • Above Grade Finished Sq Ft: 1811
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 257

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Wood/Metal Shed
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Outbuilding(s)
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 80
  • Previous Twelve Months Electric Expense: 960.00
  • Electric Service: 150 Amps, Circuit Breakers
  • Gas Avg Month: 100.00
  • Gas Prev12 Months: 1200.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • Middle School: PITMAN M.S.
  • High School: PITMAN H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396141
  • School District Source: 3rd Party
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • High School: PITMAN H.S.
  • Middle Or Junior School: PITMAN M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 128200.00
  • Land Assessed Value: 49600.00
  • Lot Size Acres: 0.19
  • Lot Dimensions: 49x170
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8330.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Year Assessed: 2018
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2026256
  • Tax Annual Amount: 7562.00
  • Assessor Parcel Number: 15-00187-00009
  • Tax Lot: 00009
  • Tax Total Finished Sq Ft: 1811
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/17/2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 17, 2019
Sold by
Palilonis Steven E and Palilonis Sandra F
Bought by
Morozin Michael
Seller's Agent
Danielle Carter
Redfin
Buyer's Agent
Danielle Bailey
Coldwell Banker Realty
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%
Current Estimated Value
$368,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,539
Avg. Annual Appreciation
11.88%
Original Mortgage
$181,390
Outstanding Balance
$160,801
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$217,605

Purchase Details

Closed on
Jan 20, 1983
Bought by
Palilonis Steven E and Palilonis Sandra
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morozin Michael $187,000 Trident Land Transfer Co Nj
Palilonis Steven E $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morozin Michael $181,390
Previous Owner Palilonis Steven E $100,000
Previous Owner Palilonis Steven E $50,000
Previous Owner Palilonis Steven E $50,750
Previous Owner Palilonis Steven E $51,000
Previous Owner Palilonis Steven E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $187,000 -1.5% $103 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $189,900 -5.0% $105 / Sq Ft
03/01/2019 03/01/19 For Sale $199,900 -- $110 / 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 $7,866 $225,200 $55,100 $170,100
2024 $7,659 $225,200 $55,100 $170,100
2023 $7,659 $225,200 $55,100 $170,100
2022 $7,357 $225,200 $55,100 $170,100
2021 $7,971 $177,800 $49,600 $128,200
2020 $7,877 $177,800 $49,600 $128,200
2019 $7,692 $177,800 $49,600 $128,200
2018 $7,562 $177,800 $49,600 $128,200
2017 $7,468 $177,800 $49,600 $128,200
2016 $7,324 $177,800 $49,600 $128,200
2015 $7,126 $177,800 $49,600 $128,200
2014 $6,908 $177,800 $49,600 $128,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJGL229568

Bright MLS

APN: 15-00187-0000-00009