NOT LISTED FOR SALE

27 Phillip Dr Salem, NJ 08079

Estimated Value: $132,081 - $257,000

3 Beds
1 Bath
720 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $85,000 $118 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,231/month

Highlights

  • Traditional Floor Plan
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Bungalow
  • Walk-Up Access

About This Home

As of July 2021

Investor / Handyman special! Great POTENTIAL only one street from the river. Almost 1/2 acre lot with 2 bedroom bungalow on the property. Shed in backyard. All appliances stay with home and are in AS IS condition. Hardwood floors in main level and tons of built ins! Finished attic as possible 3rd bedroom. Full basement with walls studded out to finish for extra space. Property is being sold AS IS and no certifications or repairs will be provided by seller. A new septic will need to be installed by NEXT homeowner.

Last Agent to Sell the Property

SHANNON OBERMAN

(609) 202-4539 shannonoberman@gmail.com Better Homes and Gardens Real Estate Maturo License #1644674 Listed on: 03/04/2021

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Michael DePalma

(609) 501-4162 michael.depalma4@gmail.com DePalma Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1940

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100.00 x 207.00

Home Design

  • Bungalow
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Full Bathroom

Basement

  • Walk-Up Access
  • Rear Basement Entry
  • Sump Pump

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Location

  • Flood Risk

Utilities

  • Radiator
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 04-00008-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,288

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Exclusions: Personal Property-
  • Home Warranty: No
  • Inclusions: Appliances in "AS IS" condition
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1940
  • Remarks Public: Investor / Handyman special! Great POTENTIAL only one street from the river. Almost 1/2 acre lot with 2 bedroom bungalow on the property. Shed in backyard. All appliances stay with home and are in AS IS condition. Hardwood floors in main level and tons of built ins! Finished attic as possible 3rd bedroom. Full basement with walls studded out to finish for extra space. Property is being sold AS IS and no certifications or repairs will be provided by seller. A new septic will need to be installed by NEXT homeowner.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Walkout Stairs
  • Total Sq Ft: 720
  • Living Area Sq Ft: 720
  • Price Per Sq Ft: 127.78
  • Above Grade Finished Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: ELSINBORO TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200397454
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 71700.00
  • Land Assessed Value: 44800.00
  • Lot Size Acres: 0.48
  • Lot Dimensions: 100.00 x 207.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20700.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 2194316
  • Tax Annual Amount: 3288.00
  • Assessor Parcel Number: 04-00008-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 720
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/27/2021

MLS Schools

  • School District Name: ELSINBORO TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jul 27, 2021
Sold by
Kutzura Jason A
Bought by
Lmn Real Estate Llc
Seller's Agent
SHANNON OBERMAN
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%
Current Estimated Value
$175,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,020
Avg. Annual Appreciation
18.72%

Purchase Details

Closed on
Nov 25, 2005
Sold by
Brainard Kimberly A and Brainard Richard
Bought by
Kutzura Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,080
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 1999
Sold by
Lawrence Myrtle D
Bought by
Lehmam Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,310
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Lmn Real Estate Llc $85,000 Title America Agency Corp
Kutzura Jason A $120,400 Congress Title
Lehmam Kimberly A $55,900 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kutzura Jason A $24,080
Previous Owner Kutzura Jason A $96,320
Previous Owner Lehmam Kimberly A $50,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $85,000 -7.6% $118 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $92,000 -3.2% $128 / Sq Ft
05/18/2021 05/18/21 Price Changed $95,000 -4.0% $132 / Sq Ft
03/26/2021 03/26/21 Price Changed $99,000 -1.0% $138 / Sq Ft
03/04/2021 03/04/21 For Sale $100,000 -- $139 / 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 $3,635 $116,500 $44,800 $71,700
2024 $3,445 $116,500 $44,800 $71,700
2023 $3,445 $116,500 $44,800 $71,700
2022 $3,359 $116,500 $44,800 $71,700
2021 $3,241 $116,500 $44,800 $71,700
2020 $3,288 $116,500 $44,800 $71,700
2019 $3,241 $116,500 $44,800 $71,700
2018 $3,165 $116,500 $44,800 $71,700
2017 $3,101 $116,500 $44,800 $71,700
2016 $2,988 $116,500 $44,800 $71,700
2015 $2,822 $116,500 $44,800 $71,700
2014 $2,730 $116,500 $44,800 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA141124

Bright MLS

APN: 04-00008-0000-00004