NOT LISTED FOR SALE

47 Market St Salem, NJ 08079

Estimated Value: $197,000 - $321,000

6 Beds
2.5 Baths
3,277 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $168,000 $51 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,811/month

Highlights

  • 0.33 Acre Lot
  • No HOA
  • Living Room
  • Colonial Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of September 2018

Beautifully preserved federal home built in the year 1820 and owned by the Goodwynn sisters. If you are a history buff and always wanted to own a piece of the past then look no further. This home was part of the underground railroad from 1836 through the Civil War. Located in a historical district are other homes with a similar past. This property has some very coveted pumpkin pine flooring along with other features which are unique. Easy access to major highways such as the NJ turnpike, Interstate 295 and Delaware make for easy commuting. A full basement with cement floor, heat and AC is a great place for a workshop. There are so many upgrades to this property that a home disclosure is available with each showing. Property is not in a flood zone.

Last Agent to Sell the Property

Thelma Pruette

(856) 299-6444 thelmapruette@yahoo.com American Dream Realty of South Jersey Listed on: 02/08/2018

Co-Listed By

Maria 'Elena' Medina

(856) 448-1970 elenasoccer7@gmail.com American Dream Realty of South Jersey License #1644658

Last Buyer's Agent

Maureen Fusco

(856) 716-0746 maureenfuscorealtor@gmail.com Keller Williams Hometown License #9808058

Keller Williams Hometown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,219

Year Built

  • Built in 1821

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 60x243

Home Design

  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 3,277 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 13-00006-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,219

Year Built

Built in 1821

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Fireplace Screens&Tools,Gazebo,Window Candle,Chandelier,Window Treatme
  • New Construction: No
  • Year Built: 1821
  • Remarks Public: Beautifully preserved federal home built in the year 1820 and owned by the Goodwynn sisters. If you are a history buff and always wanted to own a piece of the past then look no further. This home was part of the underground railroad from 1836 through the Civil War. Located in a historical district are other homes with a similar past. This property has some very coveted pumpkin pine flooring along with other features which are unique. Easy access to major highways such as the NJ turnpike, Interstate 295 and Delaware make for easy commuting. A full basement with cement floor, heat and AC is a great place for a workshop. There are so many upgrades to this property that a home disclosure is available with each showing. Property is not in a flood zone.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 3277
  • Living Area Sq Ft: 3277
  • Net Sq Ft: 3277.00
  • Price Per Sq Ft: 53.68
  • Above Grade Finished Sq Ft: 3277
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 47

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • 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: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Gas, Electric
  • 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: SALEM CITY SCHOOLS
  • School District Key: 300200396391

Lot Info

  • Improvement Assessed Value: 64200.00
  • Land Assessed Value: 9600.00
  • Lot Size Acres: 0.33
  • Lot Dimensions: 60X243
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14580.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5219.00
  • Assessor Parcel Number: 13-00006-00011
  • Tax Lot: 00011
  • Tax Year: 2018
  • Close Date: 09/04/2018

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Sep 4, 2018
Sold by
Nittinger Carle E Est
Bought by
Farmhouse Studio Llc
Seller's Agent
Thelma Pruette
American Dream Realty of South Jersey
Buyer's Agent
Maureen Fusco
Keller Williams Hometown
List Price
$175,900
Sold Price
$168,000
Premium/Discount to List
-$7,900
-4.49%
Current Estimated Value
$245,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,211
Avg. Annual Appreciation
5.49%
Original Mortgage
$52,000
Outstanding Balance
$45,254
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$199,957

Purchase Details

Listed on
Jan 20, 2011
Closed on
Nov 20, 2012
Sold by
Acton Irvine Elizabeth Sinnickson
Bought by
Nittinger Carl E
Seller's Agent
Tom Hollinger
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
RONALD MAGILL
Weaver Realty
List Price
$195,000
Sold Price
$184,000
Premium/Discount to List
-$11,000
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.56%
Original Mortgage
$147,200
Interest Rate
3.42%
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
Farmhouse Studio Llc $168,000 --
Nittinger Carl E $184,000 Salem Oak Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmhouse Studio Llc $52,000
Previous Owner Nittinger Carl E $147,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2018 09/04/18 Sold $168,000 -4.5% $51 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $175,900 0.0% $54 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $175,900 -4.4% $54 / Sq Ft
11/20/2012 11/20/12 Sold $184,000 -5.6% $54 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $195,000 0.0% $57 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
12/14/2011 12/14/11 Price Changed $195,000 -2.5% $57 / Sq Ft
01/20/2011 01/20/11 For Sale $200,000 -- $58 / 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 $6,068 $73,800 $9,600 $64,200
2024 $5,801 $73,800 $9,600 $64,200
2023 $5,801 $73,800 $9,600 $64,200
2022 $5,548 $73,800 $9,600 $64,200
2021 $5,356 $73,800 $9,600 $64,200
2020 $5,249 $73,800 $9,600 $64,200
2019 $5,217 $73,800 $9,600 $64,200
2018 $5,103 $73,800 $9,600 $64,200
2017 $5,041 $73,800 $9,600 $64,200
2016 $7,718 $197,100 $43,800 $153,300
2015 $7,620 $197,100 $43,800 $153,300
2014 $7,580 $197,100 $43,800 $153,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000151076

Bright MLS

APN: 13-00006-0000-00011