$40,000
SOLD AUG 30, 2017

49 West Ave Pitman, NJ 08071

3 Beds
2 Baths
1,032 Sq Ft
2,080 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

11% Below List Price

169 Days on Market

Highlights

  • No HOA
  • Living Room
  • Bungalow
  • Eat-In Kitchen
  • Laundry Room
  • 3-minute walk to Shertel Park & Pitman Pump Track

About This Home

As of June 2023

PRICE REDUCED!!! Not your traditionally tight Bungalow! This charming home in Pitman has tons of charm with spacious rooms! Your living room and kitchen feature vaulted ceilings that make this home feel large and airy! Enjoy quiet evenings at home here, and love cooking in your roomy eat-in kitchen! Plenty of space for cabinets and room for a kitchen table or island with tons of glorious sunshine streaming in through your many windows! Two generously-sized bedrooms! No need to hustle to the laundromat here with a Laundry Room built in! Entertain with ease on your back brick patio with privacy fence! Need storage? Large storage shed! Charming Pitman living close to the heart of town with its shopping, dining, schools, and more - PLUS close to 44 and other major roadways keeps you just a quick trip from larger shopping areas, Rowan University, other schools, parks, and more! ***HUD Home*** Sold AsIs. Buying a HUD home couldn't be simpler! Eligible for FHA 203k financing - Owner Occupant Buyers, ask your lender how you can get $100-down FHA Financing! Per FHA Appraisal, built in 1900. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please see addendums regarding FloodSmart for additional information regarding flood zones and insurance. Insured with Escrow Rpr (IE). LBP.

Last Agent to Sell the Property

Cheryl Dare

Real Broker, LLC Listed on: 01/17/2017

Real Broker, LLC

Last Buyer's Agent

Paul Franke

Home and Heart Realty

Home and Heart Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 2,080 Sq Ft Lot
  • Lot Dimensions are 26x80

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Elwood Kindle Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 15-00007-00021

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Remarks Public: PRICE REDUCED!!! Not your traditionally tight Bungalow! This charming home in Pitman has tons of charm with spacious rooms! Your living room and kitchen feature vaulted ceilings that make this home feel large and airy! Enjoy quiet evenings at home here, and love cooking in your roomy eat-in kitchen! Plenty of space for cabinets and room for a kitchen table or island with tons of glorious sunshine streaming in through your many windows! Two generously-sized bedrooms! No need to hustle to the laundromat here with a Laundry Room built in! Entertain with ease on your back brick patio with privacy fence! Need storage? Large storage shed! Charming Pitman living close to the heart of town with its shopping, dining, schools, and more - PLUS close to 44 and other major roadways keeps you just a quick trip from larger shopping areas, Rowan University, other schools, parks, and more! ***HUD Home*** Sold AsIs. Buying a HUD home couldn't be simpler! Eligible for FHA 203k financing - Owner Occupant Buyers, ask your lender how you can get $100-down FHA Financing! Per FHA Appraisal, built in 1900. Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please see addendums regarding FloodSmart for additional information regarding flood zones and insurance. Insured with Escrow Rpr (IE). LBP.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1032
  • Living Area Sq Ft: 1032
  • Net Sq Ft: 1032.00
  • Price Per Sq Ft: 43.47
  • Above Grade Finished Sq Ft: 1032
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 49

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl 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
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Elementary School: ELWOOD KINDLE
  • Middle School: PITMAN
  • High School: PITMAN
  • School District Key: 300200396141
  • Elementary School: ELWOOD KINDLE
  • High School: PITMAN
  • Middle Or Junior School: PITMAN

Lot Info

  • Improvement Assessed Value: 76800.00
  • Land Assessed Value: 24400.00
  • Lot Size Acres: 0.05
  • Lot Dimensions: 26X80
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2080.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2023598
  • Tax Annual Amount: 4168.00
  • Assessor Parcel Number: 15-00007-00021
  • Tax Lot: 00021
  • Tax Year: 2016
  • Close Date: 08/30/2017

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
May 13, 2019
Sold by
Bearint Edward and Bearint Joyce
Bought by
Yates Charles H and Pomponi Lisa A
Seller's Agent
Paul Franke
Home and Heart Realty
Buyer's Agent
Kirsten Oravec-Sullivan
HomeSmart First Advantage Realty
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$277,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,419
Avg. Annual Appreciation
12.51%
Original Mortgage
$132,554
Outstanding Balance
$117,841
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$159,578

Purchase Details

Listed on
Jan 17, 2017
Closed on
Aug 29, 2017
Sold by
The Secretary Of Housing And Urban Deve
Bought by
Bearint Joyce and Bearint Edward
Seller's Agent
Cheryl Dare
Real Broker, LLC
Buyer's Agent
Paul Franke
Home and Heart Realty
List Price
$44,859
Sold Price
$40,000
Premium/Discount to List
-$4,859
-10.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.53%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Wells Fargo Bank Na
Bought by
Seceratry Of Housing And Urban Developme

Purchase Details

Closed on
May 11, 2015
Sold by
Secretary Of Hud
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 24, 2013
Sold by
Picerno Ray and Picerno Laurie J
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 6, 2000
Sold by
Picerno Raymond J and Picerno Laurie
Bought by
Picerno Raymond J

Purchase Details

Closed on
Jul 15, 1996
Sold by
Picerno Raymond J
Bought by
Picerno Raymond J and Picerno Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
8.28%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 24, 1993
Sold by
Kondor David
Bought by
Picerno Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.18%
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 Type Sale Price Title Company
Deed $135,000 Fidelity National Ttl Ins Co
Deed $40,000 Old Republic Natl Title Ins
Quit Claim Deed -- None Available
Quit Claim Deed -- Attorney
Sheriffs Deed -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $40,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $132,554 FHA
Previous Owner $155,244 FHA
Previous Owner $145,000 Fannie Mae Freddie Mac
Previous Owner $13,400 Credit Line Revolving
Previous Owner $89,000 Unknown
Previous Owner $13,374 Unknown
Previous Owner $87,290 FHA
Previous Owner $79,200 Balloon
Previous Owner $39,000 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Off Market $2,400 -- --
05/04/2025 05/04/25 For Rent $2,400 0.0% --
06/26/2023 06/26/23 Sold $235,000 0.0% $228 / Sq Ft
05/15/2023 05/15/23 Price Changed $235,000 +4.4% $228 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $225,000 +66.7% $218 / Sq Ft
05/13/2019 05/13/19 Sold $135,000 +1.9% $131 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $132,500 -5.3% $128 / Sq Ft
03/01/2019 03/01/19 For Sale $139,900 0.0% $136 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
11/07/2018 11/07/18 Price Changed $139,900 -3.5% $136 / Sq Ft
09/18/2018 09/18/18 Price Changed $144,900 -3.3% $140 / Sq Ft
08/13/2018 08/13/18 For Sale $149,900 +274.8% $145 / Sq Ft
08/30/2017 08/30/17 Sold $40,000 -10.8% $39 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $44,859 +12.1% $43 / Sq Ft
06/27/2017 06/27/17 Off Market $40,000 -- --
06/01/2017 06/01/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $44,859 -8.0% $43 / Sq Ft
05/10/2017 05/10/17 For Sale $48,760 +21.9% $47 / Sq Ft
05/10/2017 05/10/17 Off Market $40,000 -- --
05/03/2017 05/03/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $48,760 +21.9% $47 / Sq Ft
04/24/2017 04/24/17 Off Market $40,000 -- --
03/09/2017 03/09/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $48,760 -8.0% $47 / Sq Ft
01/17/2017 01/17/17 For Sale $53,000 -- $51 / 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
2024 $5,465 $160,700 $27,400 $133,300
2023 $5,465 $160,700 $27,400 $133,300
2022 $5,250 $160,700 $27,400 $133,300
2021 $4,537 $101,200 $24,400 $76,800
2020 $4,483 $101,200 $24,400 $76,800
2019 $4,378 $101,200 $24,400 $76,800
2018 $4,304 $101,200 $24,400 $76,800
2017 $4,250 $101,200 $24,400 $76,800
2016 $4,168 $101,200 $24,400 $76,800
2015 $4,056 $101,200 $24,400 $76,800
2014 $3,932 $101,200 $24,400 $76,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000050014

Bright MLS

APN: 15-00007-0000-00021