$225,000
SOLD AUG 18, 2022

401 Cedar Ave Pitman, NJ 08071

4 Beds
2 Baths
2,226 Sq Ft
0.29 Acres

Recently Sold

$101 Per Sq Ft

25% Below List Price

Highlights

  • Wood Flooring
  • No HOA
  • 2-minute walk to Shertel Park & Pitman Pump Track
  • Corner Lot
  • Radiator

About This Home

As of August 2022

Priced reduced, and priced to make your own. This property is probably better for the investors, flippers, or DYI renovators... The property is a complete reno project, bring all offers!

Last Agent to Sell the Property

ALAN Forte

Keller Williams Realty - Cherry Hill License #RS346083 Listed on: 04/25/2022

Last Buyer's Agent

Michelle Hammel

Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,808

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • Property has 3 Levels
  • Laundry on main level
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 15-00191-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,808

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-30
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Remarks Public: Priced reduced, and priced to make your own. This property is probably better for the investors, flippers, or DYI renovators... The property is a complete reno project, bring all offers!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2226
  • Living Area Sq Ft: 2226
  • Price Per Sq Ft: 112.31
  • Above Grade Finished Sq Ft: 2226
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396141
  • School District Source: Listing Agent
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • High School: PITMAN
  • Middle Or Junior School: PITMAN M.S.

Lot Info

  • Improvement Assessed Value: 69400.00
  • Land Assessed Value: 39000.00
  • Land Use Code: Sfr
  • Lot Features: Corner
  • Lot Size Acres: 0.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.40
  • Zoning: RESID

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2026355
  • Tax Annual Amount: 10808.00
  • Assessor Parcel Number: 15-00191-00007
  • Tax Lot: 7
  • Tax Year: 2021
  • Close Date: 08/18/2022

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Aug 16, 2022
Sold by
Gregory Stephen A
Bought by
Spencer Rickie
Seller's Agent
ALAN Forte
Keller Williams Realty - Cherry Hill
Buyer's Agent
Michelle Hammel
Keller Williams Realty - Washington Township
List Price
$300,000
Sold Price
$225,000
Premium/Discount to List
-$75,000
-25%
Views
6
Current Estimated Value
$371,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,279
Avg. Annual Appreciation
18.14%
Original Mortgage
$168,750
Outstanding Balance
$162,174
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$213,795

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bellebuono Ben
Bought by
Gregory Stephen A
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 Type Sale Price Title Company
Deed $225,000 Gregory Stephen A
Deed $91,500 American Title Abstract Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,750 Balloon
Previous Owner $147,000 Unknown
Previous Owner $15,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $2,600 0.0% --
11/19/2022 11/19/22 For Rent $2,600 0.0% --
11/18/2022 11/18/22 Under Contract -- -- --
11/04/2022 11/04/22 For Rent $2,600 0.0% --
08/18/2022 08/18/22 Sold $225,000 -10.0% $101 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $250,000 -9.1% $112 / Sq Ft
06/13/2022 06/13/22 Price Changed $275,000 -8.3% $124 / Sq Ft
06/11/2022 06/11/22 For Sale $300,000 0.0% $135 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $300,000 -7.7% $135 / Sq Ft
04/25/2022 04/25/22 For Sale $325,000 0.0% $146 / Sq Ft
06/01/2018 06/01/18 Rented $2,325 -16.7% --
05/21/2018 05/21/18 Under Contract -- -- --
02/01/2018 02/01/18 For Rent $2,790 -- --
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 $8,422 $241,100 $56,400 $184,700
2024 $8,200 $241,100 $56,400 $184,700
2023 $8,200 $241,100 $56,400 $184,700
2022 $7,877 $241,100 $56,400 $184,700
2021 $8,069 $180,000 $48,900 $131,100
2020 $7,974 $180,000 $48,900 $131,100
2019 $7,787 $180,000 $48,900 $131,100
2018 $7,655 $180,000 $48,900 $131,100
2017 $7,560 $180,000 $48,900 $131,100
2016 $7,414 $180,000 $48,900 $131,100
2015 $7,214 $180,000 $48,900 $131,100
2014 $7,918 $203,800 $48,900 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2014256

Bright MLS

APN: 15-00191-0000-00007