NOT LISTED FOR SALE

47 Arbutus Ave Pitman, NJ 08071

Estimated Value: $309,000 - $364,000

3 Beds
1 Bath
-- Sq Ft
10,000 Sq Ft Lot

Last Sold July 08, 2019

Last sale price $171,000

Est. 92% increase in value since last sale

Current estimated payment $2,363/month

118 Days on Market

Highlights

  • Victorian Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Attic
  • Laundry Room
  • Dining Room

About This Home

As of July 2019

Incredible opportunity to live in the heart of historical Pitman! 47 Arbutus is situated on a double lot on a tree lined block. You will immediately notice this properties curb appeal upon arrival! The front porch leads you to the main entrance. Enter through the front door and follow through to the spacious living room that receives an abundance of natural light. The dining room is conveniently located between the living room and kitchen. This layout is ideal for entertaining guests and spending time with family. The kitchen has ample storage and includes an appliance package. The first floor also features a main level laundry room. Up one level you will find 2 spacious bedrooms and a generously sized full bathroom. The third floor is partially finished and could serve as a 3rd bedroom or an office. There's plenty of storage space between the attic and basement. You will notice that this home has original charm with many modern updates. Brand new heater installed. The large back yard is an entertainer's dream! The driveway offers 2 car parking. This home is just a short walk to downtown local favorites - Manninos Pizza, Endgrain Coffee Bar, Alaura Ice Cream, Human Village Brewery, and Kelly Green Wine Bar. Schedule a tour today!

Last Agent to Sell the Property

John Benson

RE/MAX ONE Realty Listed on: 01/04/2019

RE/MAX ONE Realty

Co-Listed By

Molly Wingert

RE/MAX ONE Realty

Last Buyer's Agent

Denise Woerner

RE/MAX Community-Williamstown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1902

Lot Details

  • 10,000 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Victorian Architecture
  • Frame Construction

Interior Spaces

  • Property has 2.5 Levels
  • Family Room
  • Dining Room
  • Laundry Room
  • Attic
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Pitman Subdivision

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 15-00113-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,031

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1902
  • Remarks Public: Incredible opportunity to live in the heart of historical Pitman! 47 Arbutus is situated on a double lot on a tree lined block. You will immediately notice this properties curb appeal upon arrival! The front porch leads you to the main entrance. Enter through the front door and follow through to the spacious living room that receives an abundance of natural light. The dining room is conveniently located between the living room and kitchen. This layout is ideal for entertaining guests and spending time with family. The kitchen has ample storage and includes an appliance package. The first floor also features a main level laundry room. Up one level you will find 2 spacious bedrooms and a generously sized full bathroom. The third floor is partially finished and could serve as a 3rd bedroom or an office. There's plenty of storage space between the attic and basement. You will notice that this home has original charm with many modern updates. Brand new heater installed. The large back yard is an entertainer's dream! The driveway offers 2 car parking. This home is just a short walk to downtown local favorites - Manninos Pizza, Endgrain Coffee Bar, Alaura Ice Cream, Human Village Brewery, and Kelly Green Wine Bar. Schedule a tour today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2.5
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Basement, Bedroom 1, Laundry, Bathroom 1, Attic
  • Basement: Yes
  • Basement Type: Unfinished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Beds/Baths

  • Bedrooms: 3
  • 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, 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: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 100300.00
  • Land Assessed Value: 41500.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2025236
  • Tax Annual Amount: 6031.00
  • Assessor Parcel Number: 15-00113-00005
  • Tax Lot: 00005
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 07/08/2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jul 8, 2019
Sold by
Kretzmer Michael P
Bought by
Coleman Miles and Coleman Ashley N
Seller's Agent
John Benson
RE/MAX ONE Realty
Buyer's Agent
Denise Woerner
RE/MAX Community-Williamstown
List Price
$170,000
Sold Price
$171,000
Premium/Discount to List
$1,000
0.59%
Current Estimated Value
$328,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,734
Avg. Annual Appreciation
11.18%
Original Mortgage
$157,902
Outstanding Balance
$138,632
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$189,088

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 16, 2014
Sold by
Mitchell Mark James and Mitchell Virginia R
Bought by
Kretzmer Michael P
Seller's Agent
Lisa Headley
Castle Agency LLC
Buyer's Agent
Mark Honabach
Weichert Realtors-Turnersville
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Listed on
Jan 2, 2014
Closed on
Apr 10, 2014
Sold by
Mitchell Mark J and Mitchell Virginia R
Bought by
Kretzmer Michael P
Seller's Agent
Lisa Headley
Castle Agency LLC
Buyer's Agent
Mark Honabach
Weichert Realtors-Turnersville
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Purchase Details

Closed on
Feb 1, 1995
Sold by
Mitchell Mark James
Bought by
Mitchell Mark James and Mitchell Virginia R

Purchase Details

Closed on
Sep 30, 1993
Sold by
Bogia Roberta S
Bought by
Mitchell Marie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.9%
Mortgage Type
FHA
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
Coleman Miles $171,000 None Available
Kretzmer Michael P $150,000 --
Kretzmer Michael P $150,000 --
Mitchell Mark James -- --
Mitchell Marie J $88,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Miles $157,902
Previous Owner Mitchell Mark $89,012
Previous Owner Mitchell Mark $97,000
Previous Owner Mitchell Mark J $96,000
Previous Owner Mitchell Marie J $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $171,000 +1.8% --
05/02/2019 05/02/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $168,000 -1.2% --
03/11/2019 03/11/19 For Sale $170,000 0.0% --
01/15/2019 01/15/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $170,000 +13.3% --
04/16/2014 04/16/14 Sold $150,000 -5.7% $118 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
02/17/2014 02/17/14 Price Changed $159,000 -3.6% $125 / Sq Ft
01/02/2014 01/02/14 For Sale $165,000 -- $130 / 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 $6,864 $196,500 $46,500 $150,000
2024 $6,683 $196,500 $46,500 $150,000
2023 $6,683 $196,500 $46,500 $150,000
2022 $6,420 $196,500 $46,500 $150,000
2021 $6,357 $141,800 $41,500 $100,300
2020 $6,282 $141,800 $41,500 $100,300
2019 $6,134 $141,800 $41,500 $100,300
2018 $6,031 $141,800 $41,500 $100,300
2017 $5,956 $141,800 $41,500 $100,300
2016 $5,841 $141,800 $41,500 $100,300
2015 $5,683 $141,800 $41,500 $100,300
2014 $5,509 $141,800 $41,500 $100,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL177660

Bright MLS

APN: 15-00113-0000-00005