NOT LISTED FOR SALE

401 Lake Ave Pitman, NJ 08071

Estimated Value: $359,627 - $381,000

4 Beds
1 Bath
1,600 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $275,000 $172 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,733/month

60 Days on Market

Highlights

  • Rambler Architecture
  • Living Room
  • 90% Forced Air Heating and Cooling System
  • No HOA
  • Laundry Room
  • 3-minute walk to Betty Park

About This Home

As of February 2022

This home is located at 401 Lake Ave, Pitman, NJ 08071 since 02 November 2021 and is currently estimated at $368,157, approximately $230 per square foot. This property was built in 1950. 401 Lake Ave is a home located in Gloucester County with nearby schools including W.C.K. Walls Elementary School, Pitman Middle School, and Pitman High School.

Last Agent to Sell the Property

Antonina Batten

Keller Williams Realty - Cherry Hill Listed on: 11/02/2021

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Kim Seedes

Real Broker, LLC License #RS361211

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,181

Year Built

  • Built in 1950 | Remodeled in 2021

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is in excellent condition

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 15-00178-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,181

Year Built

Built in 1950 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1950
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpet, Ceiling Fan(s)
  • Fireplace Features: Brick, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Bedroom 1, Laundry, Bathroom 1
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 171.81
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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
  • Senior Community: No

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • School District Key: 300200396141
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2026107
  • Tax Annual Amount: 7181.00
  • Assessor Parcel Number: 15-00178-00001
  • Tax Lot: 00001
  • Tax Year: 2020
  • Close Date: 02/28/2022

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Feb 17, 2022
Sold by
Els Futures Llc
Bought by
Seedes Kimberly F
Seller's Agent
Antonina Batten
Keller Williams Realty - Cherry Hill
Buyer's Agent
Kim Seedes
Real Broker, LLC
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$368,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,157
Avg. Annual Appreciation
8.64%
Original Mortgage
$95,000
Outstanding Balance
$88,527
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$279,630

Purchase Details

Closed on
Jun 18, 2021
Sold by
Forte Alan
Bought by
Els Futures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2020
Sold by
Walker Robert and Walker Erin E
Bought by
Forte Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,744
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Eubanks Andrew Robert and Eubanks Benjamin Edward
Bought by
Walker Robert B and Walker Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,018
Interest Rate
7.21%
Mortgage Type
VA
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
Seedes Kimberly F $275,000 First American Title
Els Futures Llc $140,000 Surety Title Company Llc
Els Futures Llc $140,000 Surety Title
Forte Alan $74,160 Your Hometown Title
Walker Robert B $105,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seedes Kimberly P $15,000
Open Seedes Kimberly F $95,000
Previous Owner Els Futures Llc $210,000
Previous Owner Forte Alan $66,744
Previous Owner Walker Erin E $147,630
Previous Owner Walker Erin E $145,449
Previous Owner Walker Robert B $133,000
Previous Owner Walker Robert B $108,018
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $275,000 0.0% $172 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/21/2021 12/21/21 Price Changed $274,900 -1.8% $172 / Sq Ft
12/13/2021 12/13/21 Price Changed $279,900 -1.8% $175 / Sq Ft
12/01/2021 12/01/21 Price Changed $284,900 -1.7% $178 / Sq Ft
11/26/2021 11/26/21 Price Changed $289,900 -1.7% $181 / Sq Ft
11/17/2021 11/17/21 Price Changed $294,900 -1.7% $184 / Sq Ft
11/02/2021 11/02/21 For Sale $299,900 0.0% $187 / Sq Ft
08/01/2017 08/01/17 Rented $1,500 0.0% --
05/31/2017 05/31/17 Under Contract -- -- --
01/16/2017 01/16/17 For Rent $1,500 -- --
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 $8,904 $254,900 $48,200 $206,700
2024 $9,618 $254,900 $48,200 $206,700
2023 $9,618 $282,800 $48,200 $234,600
2022 $9,239 $282,800 $48,200 $234,600
2021 $4,895 $109,200 $41,200 $68,000
2020 $7,181 $162,100 $41,200 $120,900
2019 $7,012 $162,100 $41,200 $120,900
2018 $6,894 $162,100 $41,200 $120,900
2017 $6,808 $162,100 $41,200 $120,900
2016 $6,677 $162,100 $41,200 $120,900
2015 $7,279 $181,600 $41,200 $140,400
2014 $7,055 $181,600 $41,200 $140,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2006492

Bright MLS

APN: 15-00178-0000-00001