NOT LISTED FOR SALE

48 Arbutus Ave Pitman, NJ 08071

Estimated Value: $341,000 - $378,000

4 Beds
1.5 Baths
1,232 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $212,000 $172 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,622/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Mud Room
  • Living Room
  • Bonus Room
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2019

THIS HOME IS... New and Convenient! The key word for this amazing 4-bedroom, 1.5-bath fully renovated home is NEW. Let's start with new oak hardwood floors through the first floor, new kitchen with new stainless steel appliances and sparkling granite countertops, new gas furnace, new hot water heater, new central air conditioning and updated electrical service. The first floor has fresh neutral colors and an open concept with a spacious living room transitioning to the dining room and the all-new kitchen with its granite-topped peninsula. There's a mudroom off the back door and a new first floor half-bath. The stairway leads to newly refinished hardwood on the second floor and three bedrooms, including a master with three closets! The full second floor bath is newly tiled and renovated. The third floor suite is nearly 400 square feet of additional newly carpeted living space that can be used as the master, the kid s room, a playroom or a home office. The entire interior of the home has been painted with neutral colors and the home has all new recessed LED lighting and beautiful new light fixtures. Exterior is freshly professionally painted, maintenance free and there's a deep fenced backyard, beautiful covered front porch, and ample parking. And did we mention the roof is brand NEW too! The basement adds plenty of storage and laundry space. Walk to Pitman's amazing downtown, just a short stroll to the new microbreweries, the Broadway Bakery, restaurants, wine bar, the Broadway Theatre and much more! A must-see property!

Last Agent to Sell the Property

Kelly Cancglin

BHHS Fox & Roach-Mullica Hill South License #0676563 Listed on: 04/11/2019

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1900 | Remodeled in 2019

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50.00 x 142.00

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Property has 3 Levels
  • Mud Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Memorial Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

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

Community Details

  • No Home Owners Association
  • Pitman Subdivision

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 15-00112-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,550

Year Built

Built in 1900 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1900
  • Year Renovated: 2019
  • Remarks Public: THIS HOME IS... New and Convenient! The key word for this amazing 4-bedroom, 1.5-bath fully renovated home is NEW. Let's start with new oak hardwood floors through the first floor, new kitchen with new stainless steel appliances and sparkling granite countertops, new gas furnace, new hot water heater, new central air conditioning and updated electrical service. The first floor has fresh neutral colors and an open concept with a spacious living room transitioning to the dining room and the all-new kitchen with its granite-topped peninsula. There's a mudroom off the back door and a new first floor half-bath. The stairway leads to newly refinished hardwood on the second floor and three bedrooms, including a master with three closets! The full second floor bath is newly tiled and renovated. The third floor suite is nearly 400 square feet of additional newly carpeted living space that can be used as the master, the kid s room, a playroom or a home office. The entire interior of the home has been painted with neutral colors and the home has all new recessed LED lighting and beautiful new light fixtures. Exterior is freshly professionally painted, maintenance free and there's a deep fenced backyard, beautiful covered front porch, and ample parking. And did we mention the roof is brand NEW too! The basement adds plenty of storage and laundry space. Walk to Pitman's amazing downtown, just a short stroll to the new microbreweries, the Broadway Bakery, restaurants, wine bar, the Broadway Theatre and much more! A must-see property!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Mud Room, Bonus Room
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1232
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 255.60
  • Above Grade Finished Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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: 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
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: MEMORIAL
  • Middle School: PITMAN M.S.
  • High School: PITMAN H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396141
  • School District Source: Listing Agent
  • Elementary School: MEMORIAL
  • High School: PITMAN H.S.
  • Middle Or Junior School: PITMAN M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 92300.00
  • Land Assessed Value: 38200.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 142.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7100.00
  • Year Assessed: 2018
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2025218
  • Tax Annual Amount: 5550.00
  • Assessor Parcel Number: 15-00112-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/16/2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 16, 2019
Sold by
Armstrong Harry and Armstrong Susan
Bought by
Hayman Christopher
Seller's Agent
Kelly Cancglin
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$214,900
Sold Price
$212,000
Premium/Discount to List
-$2,900
-1.35%
Current Estimated Value
$353,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,655
Avg. Annual Appreciation
8.66%
Original Mortgage
$208,129
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Armstrong Harry and Armstrong Susan

Purchase Details

Closed on
Jan 31, 2018
Sold by
Morina Carmel M
Bought by
Nationstar Mortgage Llc and Mr Copper

Purchase Details

Closed on
Feb 17, 2011
Sold by
Parvin Margaret B and Parvin Robert J
Bought by
Mirenda Max R and Mirenda Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hayman Christopher $212,000 None Available
Armstrong Harry $72,880 Servicelink Llc
Nationstar Mortgage Llc -- None Available
Mirenda Max R $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayman Christopher $207,487
Closed Hayman Christopher $207,487
Closed Hayman Christopher $208,129
Previous Owner Mirenda Max R $146,197
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2019 05/16/19 Sold $212,000 -32.7% $172 / Sq Ft
05/09/2019 05/09/19 Price Changed $314,900 +46.5% $256 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $214,900 -- $174 / 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 $8,341 $238,800 $43,200 $195,600
2024 $8,122 $238,800 $43,200 $195,600
2023 $8,122 $238,800 $43,200 $195,600
2022 $7,802 $238,800 $43,200 $195,600
2021 $7,599 $169,500 $38,200 $131,300
2020 $7,509 $169,500 $38,200 $131,300
2019 $5,645 $130,500 $38,200 $92,300
2018 $5,550 $130,500 $38,200 $92,300
2017 $5,481 $130,500 $38,200 $92,300
2016 $5,375 $130,500 $38,200 $92,300
2015 $5,230 $130,500 $38,200 $92,300
2014 $5,070 $130,500 $38,200 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL238782

Bright MLS

APN: 15-00112-0000-00015