NOT LISTED FOR SALE

501 Delaware Ave Palmyra, NJ 08065

Palmyra Area

Estimated Value: $281,000 - $314,000

Studio
-- Baths
1,344 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2020

Last sale price $157,000 $117 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,215 / mo

49 Days on Market

Highlights

  • A-Frame Home
  • 2 Car Detached Garage
  • Carpet
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Legion Field

About This Home

As of September 2020

Calling all INVESTORS!! Do not miss this great opportunity to own a corner lot Duplex (top and bottom), each consisting of a 2 Bedroom, 1 Bath unit. There is a large unfinished Basement for storage. Each apartment has a separate entrance, laundry areas, furnaces, hot water heaters, and electrical boxes. Large, expanded driveway for plenty of parking and a two-car garage. Close to Rt. 130 and a short commute to Philadelphia. Excellent rental potential. Property is being sold in "as is" condition.

Last Agent to Sell the Property

Raymond Moorhouse

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill License #8936099 Listed on: 06/24/2020

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Raymond Moorhouse

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill License #8936099 Listed on: 06/24/2020

Keller Williams Realty - Cherry Hill
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,903

Year Built

  • Built in 1940

Lot Details

  • 7,480 Sq Ft Lot
  • Lot Dimensions are 110.00 x 68.00

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • A-Frame Home
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Schools

  • Delaware Avenue Elementary School
  • Charles Street Middle School
  • Palmyra High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 27-00113-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,903

Year Built

Built in 1940

Lot Details

7,480 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 122.77
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DELAWARE AVENUE E.S.
  • High School: PALMYRA H.S.
  • Middle Or Junior School: CHARLES STREET M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86300.00
  • Land Assessed Value: 40100.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 110.00 x 68.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7480.00
  • Zoning: RES.

Rental Info

  • Units Leased Count: 1
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1714801
  • Tax Annual Amount: 4903.00
  • Assessor Parcel Number: 27-00113-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
113 North Bread Llc
Bought by
Current Estimated Value
$301,269

Purchase Details

Listed on
Jun 24, 2020
Closed on
Sep 9, 2020
Sold by
Pappas John and Pappas Audry
Bought by
113 North Bread Llc
Seller's Agent
Raymond Moorhouse
Keller Williams Realty - Cherry Hill
Buyer's Agent
Raymond Moorhouse
Keller Williams Realty - Cherry Hill
List Price
$165,000
Sold Price
$157,000
Premium/Discount to List
-$8,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Audrey & John Pappas Property Management
Bought by
Pappas John and Pappas Audry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2007
Sold by
Harrison Timothy M
Bought by
Audry & John Pappas Property Mgmt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.59%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 25, 1999
Sold by
Rader Robert E
Bought by
Harrison Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Palmyra, NJ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 First American Title
Roy Amit Kumar $190,000 First American Title Ins Co
113 North Bread Llc $157,000 First American Title
Pappas John -- None Available
Audry & John Pappas Property Mgmt Llc $155,000 Integrity Title Agency Inc
Harrison Timothy M $99,750 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $112,000
Previous Owner Audry & John Pappas Property Mgmt Llc $116,250
Previous Owner Harrison Timothy M $89,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $157,000 -4.8% $117 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $165,000 0.0% $123 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $165,000 -- $123 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,732 $146,700 $40,100 $106,600
2025 $6,732 $146,700 $40,100 $106,600
2024 $6,211 $146,700 $40,100 $106,600
2023 $6,211 $146,700 $40,100 $106,600
2022 $6,065 $146,700 $40,100 $106,600
2021 $5,043 $126,400 $40,100 $86,300
2020 $5,062 $126,400 $40,100 $86,300
2019 $4,903 $126,400 $40,100 $86,300
2018 $4,834 $126,400 $40,100 $86,300
2017 $4,772 $126,400 $40,100 $86,300
2016 $4,678 $126,400 $40,100 $86,300
2015 $4,611 $126,400 $40,100 $86,300
2014 $4,408 $126,400 $40,100 $86,300
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJBL374578

Bright MLS

APN: 27-00113-0000-00004

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