NOT LISTED FOR SALE

501 W Charles St Palmyra, NJ 08065

Estimated Value: $302,000 - $348,000

2 Beds
1 Bath
1,200 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $317,000 $264 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,419/month

7 Days on Market

Highlights

  • Rambler Architecture
  • Mud Room
  • Beamed Ceilings
  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage

About This Home

As of May 2024

Welcome to this charming two bedroom rancher on a large corner lot in the desirable Palmyra
Gardens section of Palmyra. This home is a perfect starter home or offers one level living for
those downsizing. Pulling up to this home you will notice plenty of curb appeal with the stone
front, charcoal dimensional roof shingles, mature shrubbery garden and a raised flower bed.
Enter the living room which is both roomy and cozy at the same time with a wood fireplace,
natural light from the bow window, exposed beams and hardwood floors. Behind the living room
you will find the open dining area and kitchen which have low maintenance laminate flooring.
The kitchen has neutral white farm style cabinets, Kitchenaid black stainless steel appliances,
and a five burner gas stove. The dining room also has exposed wood ceiling beams. Down the
hall you will find the updated bathroom and both bedrooms. The bathroom has neutral gray vinyl
flooring, wood vanity with cultured pearl white top and porcelain double sinks and an easy
maintenance tub surround with sliding shower door. Both bedrooms are tastefully painted, offer
plenty of sunlight, hardwood floors (bedroom #2 hardwood under carpet), ceiling fans and ample closet space. The large full basement has high ceilings and could easily be finished offering endless possibilities for additional living space. The laundry area is located in the basement and has both gas and electric hook ups. A mud room is located off of the dining area which leads to your backyard oasis. The yard is fully
fenced offering plenty of privacy for large gatherings. Behind the home you will find a stone
patio area, a concrete patio with a fire pit and mature trees. A detached garage is located next
to the home and is perfect for the automotive or hobby enthusiast. The concrete driveway offers
plenty of off street parking. The home has central air conditioning and the HVAC was updated
and converted to gas approximately 5 years ago. Most of the windows have been updated to
vinyl tilt-in for easy cleaning. This home is perfectly situated close to the business area and all
major transportation routes and within easy walking distance to parks and the Charles Street
School. Schedule your appointment today

Last Listed By

Paul Tursi

RE/MAX ONE Realty-Moorestown License #8834783 Listed on: 04/18/2024

RE/MAX ONE Realty-Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,345

Year Built

  • Built in 1940

Lot Details

  • Privacy Fence
  • Wood Fence

Parking

  • 1 Car Detached Garage
  • 1 Driveway Space
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Bay Window
  • Mud Room
  • Living Room
  • Dining Room
  • Storm Doors
  • Gas Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • Charles Street Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 27-00055-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,345

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Washer and Dryer negotiable
  • Historic: No
  • Inclusions: Range and Refrigerator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-18
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this charming two bedroom rancher on a large corner lot in the desirable Palmyra Gardens section of Palmyra. This home is a perfect starter home or offers one level living for those downsizing. Pulling up to this home you will notice plenty of curb appeal with the stone front, charcoal dimensional roof shingles, mature shrubbery garden and a raised flower bed. Enter the living room which is both roomy and cozy at the same time with a wood fireplace, natural light from the bow window, exposed beams and hardwood floors. Behind the living room you will find the open dining area and kitchen which have low maintenance laminate flooring. The kitchen has neutral white farm style cabinets, Kitchenaid black stainless steel appliances, and a five burner gas stove. The dining room also has exposed wood ceiling beams. Down the hall you will find the updated bathroom and both bedrooms. The bathroom has neutral gray vinyl flooring, wood vanity with cultured pearl white top and porcelain double sinks and an easy maintenance tub surround with sliding shower door. Both bedrooms are tastefully painted, offer plenty of sunlight, hardwood floors (bedroom #2 hardwood under carpet), ceiling fans and ample closet space. The large full basement has high ceilings and could easily be finished offering endless possibilities for additional living space. The laundry area is located in the basement and has both gas and electric hook ups. A mud room is located off of the dining area which leads to your backyard oasis. The yard is fully fenced offering plenty of privacy for large gatherings. Behind the home you will find a stone patio area, a concrete patio with a fire pit and mature trees. A detached garage is located next to the home and is perfect for the automotive or hobby enthusiast. The concrete driveway offers plenty of off street parking. The home has central air conditioning and the HVAC was updated and converted to gas approximately 5 years ago. Most of the windows have been updated to vinyl tilt-in for easy cleaning. This home is perfectly situated close to the business area and all major transportation routes and within easy walking distance to parks and the Charles Street School. Schedule your appointment today
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Ceiling Fan(s), Carpet, Wood Floors, Exposed Beams
  • Window Features: Double Pane, Bay/Bow, Vinyl Clad
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Foundation Details: Block
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Mud Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 224.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Middle School: CHARLES STREET M.S.
  • Middle School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • Middle Or Junior School: CHARLES STREET M.S.

Lot Info

  • Fencing: Privacy, Wood
  • Lot Dimensions: 121.00 x 150 irr
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7345.00
  • Assessor Parcel Number: 27-00055-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/16/2024

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 7, 2024
Sold by
Lillagore Jordan and Lillagore Brooklyn
Bought by
Nelson Kyle
Seller's Agent
Paul Tursi
RE/MAX ONE Realty-Moorestown
Buyer's Agent
Nicole Mitchell
Keller Williams Real Estate-Langhorne
List Price
$269,900
Sold Price
$317,000
Premium/Discount to List
$47,100
17.45%
Total Days on Market
7
Views
158
Current Estimated Value
$325,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,892
Avg. Annual Appreciation
0.50%
Original Mortgage
$252,000
Outstanding Balance
$250,476
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$68,056

Purchase Details

Listed on
May 20, 2019
Closed on
Nov 20, 2019
Sold by
Lofland Cheryl A
Bought by
Lillagore Jordan and Lillagore Brooklyn
Seller's Agent
Ryan Gehris
USRealty.com LLP
Buyer's Agent
Paul Tursi
RE/MAX ONE Realty-Moorestown
List Price
$179,900
Sold Price
$146,500
Premium/Discount to List
-$33,400
-18.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%
Original Mortgage
$149,649
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jan 30, 1998
Sold by
Jafolla Christopher J
Bought by
Lofland Cheryl A

Purchase Details

Closed on
Oct 22, 1994
Sold by
Babb Wendy B
Bought by
Jafolla Christopher J

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 Buyer Sale Price Title Company
Nelson Kyle $317,000 None Listed On Document
Lillagore Jordan $146,500 Foundation Title Llc
Lofland Cheryl A $105,000 Commonwealth Land Title Ins
Jafolla Christopher J $7,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Kyle $252,000
Previous Owner Lillagore Jordan $149,649
Previous Owner Lofland Cheryl A $105,000
Previous Owner Lolland Cheryl A $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $317,000 +17.5% $264 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $269,900 +84.2% $225 / Sq Ft
11/20/2019 11/20/19 Sold $146,500 -2.3% $122 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/19/2019 09/19/19 Price Changed $149,900 -6.3% $125 / Sq Ft
07/19/2019 07/19/19 Price Changed $159,900 -5.9% $133 / Sq Ft
07/03/2019 07/03/19 Price Changed $169,900 -5.6% $142 / Sq Ft
05/20/2019 05/20/19 For Sale $179,900 -- $150 / 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 $7,346 $173,500 $88,400 $85,100
2023 $7,346 $173,500 $88,400 $85,100
2022 $7,172 $173,500 $88,400 $85,100
2021 $6,923 $173,500 $88,400 $85,100
2020 $6,949 $173,500 $88,400 $85,100
2019 $6,730 $173,500 $88,400 $85,100
2018 $6,635 $173,500 $88,400 $85,100
2017 $6,550 $173,500 $88,400 $85,100
2016 $6,421 $173,500 $88,400 $85,100
2015 $6,329 $173,500 $88,400 $85,100
2014 $6,050 $173,500 $88,400 $85,100
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJBL2063594

Bright MLS

APN: 27-00055-0000-00014