NOT LISTED FOR SALE

300 Somerset Ave Merchantville, NJ 08109

Estimated Value: $376,000 - $457,790

3 Beds
2 Baths
-- Sq Ft
0.26 Acres

Last Sold November 25, 2013

Last sale price $215,000

Est. 87% increase in value since last sale

Current estimated payment $3,084/month

100 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Attic
  • Porch
  • 4-minute walk to Merchantville Community Center & Park

About This Home

As of November 2013

Remarkable Custom Built Southern Bungalow in Historic Merchantville! Main floor amenities include open floor plan with light and bright formal living room with gas fireplace, formal dining room, bright kitchen, master suite with updated bath and walk in closet, also an office/den and additional full bath. On the second floor there are two generous size bedrooms with walk in closet, family room/ sitting area and additional storage. Additional features are a georgous wrap around porch, full basement with steel main beam and an outside entrance, hardwood floors and w/w carpets, thirty year roof(2004), energy efficent gas heater (2007), fenced in back yard and spectacular gardens. One year home warranty included. Enjoy Historic Merchantville! Quick Closing Available! Huge Price Reduction!

Last Agent to Sell the Property

Tony Knox

(856) 266-5490 markanthonyknox@hotmail.com Peze & Associates License #9486448 Listed on: 08/11/2013

Last Buyer's Agent

LAWRENCE GARIANO

Lgariano@cbpref.com Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,285

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x114
  • Property is in good condition

Home Design

  • Bungalow
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Merchantville Elementary And Middle School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 24-00044-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,285

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: Existing Washer,Dryer,Refrigerator,Fixtures.
  • New Construction: No
  • Story List: Main
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: MERCHANTVILLE
  • Middle Or Junior School: MERCHANTVILLE

Lot Info

  • Improvement Assessed Value: 133500.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 100X114
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11400.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1899949
  • Tax Annual Amount: 7285.00
  • Assessor Parcel Number: 24-00044-00001
  • Tax Lot: 00001
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2013
Closed on
Nov 25, 2013
Sold by
Sloan William F
Bought by
Chapman Margaret M
Seller's Agent
Tony Knox
Peze & Associates
Buyer's Agent
LAWRENCE GARIANO
Coldwell Banker Realty
List Price
$244,000
Sold Price
$215,000
Premium/Discount to List
-$29,000
-11.89%
Current Estimated Value
$401,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,448
Avg. Annual Appreciation
5.34%
Original Mortgage
$211,105
Interest Rate
4.25%
Mortgage Type
FHA
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
Chapman Margaret M $215,000 Integrity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Margaret M $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2013 11/25/13 Sold $215,000 -6.5% --
11/19/2013 11/19/13 Pending -- -- --
10/30/2013 10/30/13 Price Changed $229,900 -3.4% --
10/21/2013 10/21/13 Price Changed $238,000 -0.8% --
09/09/2013 09/09/13 Price Changed $239,900 -0.9% --
09/03/2013 09/03/13 Price Changed $242,000 -0.8% --
08/11/2013 08/11/13 For Sale $244,000 -- --
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 $11,612 $217,900 $70,000 $172,900
2024 $10,948 $217,900 $70,000 $172,900
2023 $10,948 $215,800 $0 $0
2022 $10,484 $215,800 $0 $0
2021 $9,819 $203,500 $70,000 $133,500
2020 $9,628 $203,500 $70,000 $133,500
2019 $9,449 $203,500 $70,000 $133,500
2018 $8,999 $203,500 $70,000 $133,500
2017 $8,618 $203,500 $70,000 $133,500
2016 $8,223 $203,500 $70,000 $133,500
2015 $7,810 $203,500 $70,000 $133,500
2014 $7,525 $203,500 $70,000 $133,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003550538

Bright MLS

APN: 24-00044-0000-00001