Seller's Agent in 2020
Michael Herman
Panaro Realty
(609) 206-8402
1 in this area
12 Total Sales
501 Cumberland St Gloucester City, NJ 08030
Estimated Value: $215,582 - $272,000
3
Beds
2
Baths
1,920
Sq Ft
1,307
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Exterior Cameras
- Formal Dining Room
- Home Security System
- Laundry Room
About This Home
As of December 2020If you are looking for a large home in Gloucester City, look no more! When you walk in the front door, you enter a very big living room. The main floor also has a formal dining room, a kitchen you are going to love cooking in and a laundry room right off the kitchen. There is also an unfinished enclosed porch off the dining room. This house boast a master bedroom with a master bath and two additional bedrooms. On the upper level you will also find a small bonus room that is perfect for storage or maybe even an office. House also has an unfinished basement that is great for storage. Conveniently located near the Walt Whitman bridge. This house is being sold in "as-is" condition. Buyer responsible for any/all repairs/certifications as well as the Gloucester City C/O.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,574
Year Built
- Built in 1910
Lot Details
- Property is in average condition
Parking
- On-Street Parking
Home Design
- Frame Construction
- Asbestos Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,920 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Formal Dining Room
- Kitchen Island
- Unfinished Basement
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Home Security System
- Exterior Cameras
- Motion Detectors
Schools
- Glouc. Hh High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
- Public Septic
Community Details
- No Home Owners Association
- Carbon Monoxide Detectors
Listing and Financial Details
- Tax Lot 00034
- Assessor Parcel Number 14-00058-00034
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2020
Closed on
Dec 29, 2020
Sold by
Dick Patricia A
Bought by
Alam Zahangir
Seller's Agent
Michael Herman
Panaro Realty
Buyer's Agent
Mustafa Noor
Long & Foster Real Estate, Inc.
List Price
$159,900
Sold Price
$120,000
Premium/Discount to List
-$39,900
-24.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,396
Avg. Annual Appreciation
15.09%
Original Mortgage
$115,995
Outstanding Balance
$104,282
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$126,709
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alam Zahangir | $120,000 | Infinity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alam Zahangir | $6,273 | |
| Open | Alam Zahangir | $115,995 | |
| Previous Owner | Dick Patricia A | $94,260 | |
| Previous Owner | Dick Patricia A | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2020 12/29/20 | Sold | $120,000 | -5.5% | $63 / Sq Ft |
| 11/23/2020 11/23/20 | Pending | -- | -- | -- |
| 11/16/2020 11/16/20 | Price Changed | $127,000 | -9.2% | $66 / Sq Ft |
| 11/02/2020 11/02/20 | Price Changed | $139,900 | -5.2% | $73 / Sq Ft |
| 10/05/2020 10/05/20 | Price Changed | $147,500 | -1.7% | $77 / Sq Ft |
| 09/09/2020 09/09/20 | Price Changed | $150,000 | -2.3% | $78 / Sq Ft |
| 08/29/2020 08/29/20 | Price Changed | $153,500 | -4.0% | $80 / Sq Ft |
| 08/11/2020 08/11/20 | For Sale | $159,900 | -- | $83 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,098 | $101,700 | $16,400 | $85,300 |
| 2024 | $5,089 | $101,700 | $16,400 | $85,300 |
| 2023 | $5,089 | $101,700 | $16,400 | $85,300 |
| 2022 | $4,785 | $101,700 | $16,400 | $85,300 |
| 2021 | $4,737 | $101,700 | $16,400 | $85,300 |
| 2020 | $4,574 | $101,700 | $16,400 | $85,300 |
| 2019 | $4,481 | $101,700 | $16,400 | $85,300 |
| 2018 | $4,393 | $101,700 | $16,400 | $85,300 |
| 2017 | $4,303 | $101,700 | $16,400 | $85,300 |
| 2016 | $4,140 | $101,700 | $16,400 | $85,300 |
| 2015 | $3,728 | $101,700 | $16,400 | $85,300 |
| 2014 | $3,552 | $67,700 | $9,000 | $58,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Herman
-
Karen Herman
K
Seller Co-Listing Agent in 2020
Karen Herman
Panaro Realty
(609) 206-8400
1 in this area
8 Total Sales
-
Mustafa Noor
M
Buyer's Agent in 2020
Mustafa Noor
Long & Foster
(856) 842-4694
6 in this area
65 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD400128
APN: 14-00058-0000-00034
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