NOT LISTED FOR SALE

420 Lake Ave Pitman, NJ 08071

Estimated Value: $358,700 - $403,000

3 Beds
1.5 Baths
1,591 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $245,000 $154 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,636/month

Highlights

  • Cape Cod Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to Betty Park
  • No HOA

About This Home

As of June 2021

This home is located at 420 Lake Ave, Pitman, NJ 08071 since 13 July 2021 and is currently estimated at $381,925, approximately $240 per square foot. This property was built in 1945. 420 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

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 07/13/2021

Last Buyer's Agent

Christopher Valianti

(856) 223-1400 admin.mullica@njpreferredhomes.com RE/MAX Preferred - Mullica Hill

RE/MAX Preferred - Mullica Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1945

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.00 x 100.00

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,591 Sq Ft Home
  • Property has 1.5 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pitman Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 15-00177-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,760

Year Built

Built in 1945

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1591
  • Living Area Sq Ft: 1591
  • Price Per Sq Ft: 153.99
  • Above Grade Finished Sq Ft: 1591
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 101100.00
  • Land Assessed Value: 51500.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 100.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2026102
  • Tax Annual Amount: 6760.00
  • Assessor Parcel Number: 15-00177-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jun 29, 2021
Sold by
Johnson Sarah E
Bought by
Hunt Eric
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$379,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,908
Avg. Annual Appreciation
9.91%
Original Mortgage
$240,562
Outstanding Balance
$218,373
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$163,552

Purchase Details

Closed on
Jun 23, 2003
Sold by
Johnson Donald T
Bought by
Johnson Sarah E
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
Hunt Eric $245,000 Old Republic Natl Ttl Ins Co
Johnson Sarah E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Eric $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 For Sale $245,000 0.0% $154 / Sq Ft
06/29/2021 06/29/21 Sold $245,000 -- $154 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
Source: Bright MLS

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 $8,174 $234,000 $71,100 $162,900
2024 $7,958 $234,000 $71,100 $162,900
2023 $7,958 $234,000 $71,100 $162,900
2022 $7,645 $234,000 $71,100 $162,900
2021 $6,260 $152,600 $51,500 $101,100
2020 $6,760 $152,600 $51,500 $101,100
2019 $6,601 $152,600 $51,500 $101,100
2018 $6,490 $152,600 $51,500 $101,100
2017 $6,409 $152,600 $51,500 $101,100
2016 $5,786 $152,600 $51,500 $101,100
2015 $5,616 $152,600 $51,500 $101,100
2014 $5,429 $152,600 $51,500 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2001488

Bright MLS

APN: 15-00177-0000-00004

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