NOT LISTED FOR SALE

502 Cedar Ave Pitman, NJ 08071

Estimated Value: $455,000 - $604,000

4 Beds
3 Baths
2,524 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $264,900 $105 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,603/month

102 Days on Market

Highlights

  • Above Ground Pool
  • Victorian Architecture
  • Corner Lot
  • Wood Flooring
  • Attic
  • 4-minute walk to Shertel Park & Pitman Pump Track

About This Home

As of September 2014

Beautiful, Victorian situated on a well maintained lot located in historic Pitman, NJ. Immaculately maintained, this home boasts intricate details from the ceilings to the windows to the staircase and floors. A gracious wrap-around front porch drapes the entrance and leads into a large foyer and dining room with a grand stone fireplace. The eat-in kitchen allows for maximum storage and offers an open air feel. The great room surrounds you with a picture-perfect bank of beautifully crafted windows. Ample sized bedrooms and a laundry room offer the flexibility to make this home your own. The serene backyard features a generous patio and lush pergola, as well as a detached garage or workshop and an above-ground swimming pool.

Last Agent to Sell the Property

Joanna Papadaniil

BHHS Fox & Roach-Mullica Hill South License #676033 Listed on: 05/19/2014

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Kimberly Schempp

Keller Williams Realty - Washington Township License #453715

Keller Williams Realty - Washington Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 1904

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 90x167
  • Corner Lot
  • Open Lot
  • Sloped Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Oversized Parking

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,524 Sq Ft Home
  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Stone Fireplace
  • Stained Glass
  • Bay Window
  • Living Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Solar Water Heater

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Patio
  • Porch

Schools

  • W C K Walls Eslementary Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Programmable Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 15-00168-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,295

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Energy Efficient Appliances
  • Flooring Type: Wood
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Stain/Lead Glass, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Stone, Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2524
  • Living Area Sq Ft: 2524
  • Net Sq Ft: 2524.00
  • Price Per Sq Ft: 106.93
  • Above Grade Finished Sq Ft: 2524
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Pool Features: Above Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Solar
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • Middle School: PITMAN
  • High School: PITMAN
  • School District Key: 300200396141
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • High School: PITMAN
  • Middle Or Junior School: PITMAN

Lot Info

  • Lot Features: Corner, Sloping, Open, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.34
  • Lot Dimensions: 90X167
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15030.00
  • Outdoor Living Structures: Patio(s), Porch(es), Balcony
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8295.00
  • Assessor Parcel Number: 15-00168-00001
  • Tax Lot: 00001
  • Tax Year: 2013
  • Close Date: 09/30/2014

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Sep 30, 2014
Sold by
King Paula
Bought by
Shaw Michael Vincent and Shaw Ashley Lizabeth
Seller's Agent
Joanna Papadaniil
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Kimberly Schempp
Keller Williams Realty - Washington Township
List Price
$289,900
Sold Price
$264,900
Premium/Discount to List
-$25,000
-8.62%
Current Estimated Value
$508,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,759
Avg. Annual Appreciation
5.86%
Original Mortgage
$39,700
Interest Rate
3.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2011
Sold by
King Paula and Vliet Kristine
Bought by
King Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
King Paula
Bought by
King Paula and Vliet Kristine

Purchase Details

Closed on
Apr 4, 2005
Sold by
Allen Michael D and Allen Darlene D
Bought by
King Paula and Vliet Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 1999
Sold by
Wilson George W and Wilson Bonnie L
Bought by
Allen Michael D and Allen Darlene D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.87%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Wilson George W and Wilson Bonnie L
Bought by
Wilson George W and Wilson Bonnie L
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 Buyer Sale Price Title Company
Shaw Michael Vincent $264,900 Attorney
King Paula -- Trident Abstract Title Agenc
King Paula -- --
King Paula $335,000 Homestead Title Agency Via E
Allen Michael D $165,000 Pilgrim Title Agency
Wilson George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Michael Vincent $235,000
Closed Shaw Michael Vincent $39,700
Closed Shaw Michael Vincent $211,900
Previous Owner King Paula $200,000
Previous Owner Vliet Kristine M $23,000
Previous Owner King Paula $245,000
Previous Owner Allen Michael D $180,000
Previous Owner Johnson Bessie N $0
Previous Owner Allen Michael D $15,000
Previous Owner Allen Michael D $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $264,900 -1.9% $105 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/20/2014 08/20/14 Price Changed $269,900 -5.3% $107 / Sq Ft
07/03/2014 07/03/14 Price Changed $284,900 -1.7% $113 / Sq Ft
05/19/2014 05/19/14 For Sale $289,900 -- $115 / 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 $9,976 $285,600 $58,400 $227,200
2024 $9,713 $285,600 $58,400 $227,200
2023 $9,713 $285,600 $58,400 $227,200
2022 $9,331 $285,600 $58,400 $227,200
2021 $9,791 $218,400 $52,300 $166,100
2020 $9,675 $218,400 $52,300 $166,100
2019 $9,448 $218,400 $52,300 $166,100
2018 $9,289 $218,400 $52,300 $166,100
2017 $9,173 $218,400 $52,300 $166,100
2016 $8,996 $218,400 $52,300 $166,100
2015 $8,753 $218,400 $52,300 $166,100
2014 $8,485 $218,400 $52,300 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002932866

Bright MLS

APN: 15-00168-0000-00001