NOT LISTED FOR SALE

48 S Summit Ave Pitman, NJ 08071

Estimated Value: $442,000 - $503,000

4 Beds
3.5 Baths
1,971 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $237,000 $120 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,420/month

Highlights

  • Victorian Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • 3-minute walk to Ballard Park

About This Home

As of December 2016

Totally remodeled Large 3-floor house with nice open floor plan. Everything brand new inside. New hardwood floor in main level and ceramic in kitchen and one full bathroom off kitchen. New carpets in bedrooms.New top of the line kitchen with solid wood soft close cherry cabinets. Granite counter top, back splash and custom lighting under cabinets. Big island with room for seating. New bathrooms with beautiful vanities and ceramic tiles with mosaics. New plumbing and electric. Freshly painted with two tone colors. chair rail, crown molding. Laundry room with hookups by bedrooms. One bedroom in third floor and an extra room could be an office and half bath. New heat and air conditioning units. Fenced yard and back deck and big storage/enclosed bar area. Stainless steel kitchen Appliances negotiable.

Last Agent to Sell the Property

Ana Maz Mazahreh

amaz962@gmail.com Keller Williams Realty - Moorestown Listed on: 05/07/2016

Last Buyer's Agent

Arlene & Bonnie Schwartz Team

(856) 217-1200 bonnie@schwartzhomes.com Keller Williams Realty - Cherry Hill License #15951

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,858

Year Built

  • Built in 1905

Lot Details

  • 8,748 Sq Ft Lot
  • Lot Dimensions are 81x108

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Vinyl Siding

Interior Spaces

  • 1,971 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Partial Basement
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Utilities

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

Community Details

  • No Home Owners Association
  • Pitman Hills Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 15-00077-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,858

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Remarks Public: Totally remodeled Large 3-floor house with nice open floor plan. Everything brand new inside. New hardwood floor in main level and ceramic in kitchen and one full bathroom off kitchen. New carpets in bedrooms.New top of the line kitchen with solid wood soft close cherry cabinets. Granite counter top, back splash and custom lighting under cabinets. Big island with room for seating. New bathrooms with beautiful vanities and ceramic tiles with mosaics. New plumbing and electric. Freshly painted with two tone colors. chair rail, crown molding. Laundry room with hookups by bedrooms. One bedroom in third floor and an extra room could be an office and half bath. New heat and air conditioning units. Fenced yard and back deck and big storage/enclosed bar area. Stainless steel kitchen Appliances negotiable.
  • 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, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1971
  • Living Area Sq Ft: 1971
  • Net Sq Ft: 1971.00
  • Price Per Sq Ft: 121.26
  • Above Grade Finished Sq Ft: 1971
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 48

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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

Lot Info

  • Improvement Assessed Value: 130500.00
  • Land Assessed Value: 36000.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 81X108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8748.00
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2024633
  • Tax Annual Amount: 6858.00
  • Assessor Parcel Number: 15-00077-00016
  • Tax Lot: 00016
  • Tax Year: 2016
  • Close Date: 12/05/2016

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Dec 5, 2016
Sold by
Qrs Homes Llc
Bought by
Bender Jamie and Grankshaw Jennifer G
Seller's Agent
Ana Maz Mazahreh
Keller Williams Realty - Moorestown
Buyer's Agent
Arlene & Bonnie Schwartz Team
Keller Williams Realty - Cherry Hill
List Price
$299,000
Sold Price
$237,000
Premium/Discount to List
-$62,000
-20.74%
Current Estimated Value
$474,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,569
Avg. Annual Appreciation
7.93%
Original Mortgage
$232,707
Outstanding Balance
$189,714
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$274,905

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 28, 2014
Sold by
Konark Development Llc
Bought by
Qrs Homes Llc
Seller's Agent
Chirag Patnaik
Resident Philly LLC
Buyer's Agent
Basem Mazahreh
Garden State Properties Group - Merchantville
List Price
$79,995
Sold Price
$60,000
Premium/Discount to List
-$19,995
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.50%
Original Mortgage
$104,402
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 4, 2014
Sold by
Williams Theodore J
Bought by
Konark Development Llc
Seller's Agent
Chirag Patnaik
Resident Philly LLC
Buyer's Agent
Basem Mazahreh
Garden State Properties Group - Merchantville
List Price
$79,995
Sold Price
$60,000
Premium/Discount to List
-$19,995
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,402
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Hillenbrand Susan
Bought by
Williams Theodore

Purchase Details

Closed on
Nov 5, 2002
Sold by
Williams Norma Lee
Bought by
Hillenbrand Susan and Williams Harry
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bender Jamie $237,000 Surety Title Co Llc
Qrs Homes Llc $60,000 --
Konark Development Llc $34,483 --
Konark Development Llc $34,483 --
Williams Theodore -- None Available
Hillenbrand Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bender Jamie $232,707
Previous Owner Konark Development Llc $104,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $237,000 -0.8% $120 / Sq Ft
09/18/2016 09/18/16 Price Changed $239,000 -4.0% $121 / Sq Ft
07/26/2016 07/26/16 Price Changed $249,000 -3.9% $126 / Sq Ft
07/15/2016 07/15/16 Price Changed $259,000 -3.7% $131 / Sq Ft
07/01/2016 07/01/16 Price Changed $269,000 -3.6% $136 / Sq Ft
06/15/2016 06/15/16 Price Changed $279,000 -3.5% $142 / Sq Ft
05/31/2016 05/31/16 Price Changed $289,000 -2.0% $147 / Sq Ft
05/21/2016 05/21/16 Price Changed $295,000 -1.3% $150 / Sq Ft
05/07/2016 05/07/16 For Sale $299,000 +398.3% $152 / Sq Ft
03/04/2014 03/04/14 Sold $60,000 0.0% $30 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/15/2014 02/15/14 Price Changed $59,995 -14.3% $30 / Sq Ft
02/11/2014 02/11/14 Price Changed $69,995 -12.5% $36 / Sq Ft
02/03/2014 02/03/14 For Sale $79,995 -- $41 / 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 $10,842 $310,400 $36,000 $274,400
2024 $10,557 $310,400 $36,000 $274,400
2023 $10,557 $310,400 $36,000 $274,400
2022 $10,141 $310,400 $36,000 $274,400
2021 $9,522 $212,400 $36,000 $176,400
2020 $9,409 $212,400 $36,000 $176,400
2019 $9,188 $212,400 $36,000 $176,400
2018 $9,033 $212,400 $36,000 $176,400
2017 $8,921 $212,400 $36,000 $176,400
2016 $6,858 $166,500 $36,000 $130,500
2015 $6,673 $166,500 $36,000 $130,500
2014 $6,469 $166,500 $36,000 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002426102

Bright MLS

APN: 15-00077-0000-00016