NOT LISTED FOR SALE

503 Race St Palmyra, NJ 08065

Estimated Value: $270,000 - $368,000

3 Beds
1.5 Baths
1,392 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $279,900 $201 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,236/month

4 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2022

Welcome home! This beautifully renovated Colonial home offers 3 bedrooms, 1.5 baths and many upgrades throughout. On the main level you'll find a cozy living room with luxury plank flooring and large windows to bring in plenty of natural light. The kitchen features white shaker cabinetry, granite countertops and stainless steel appliances. Walk through the double doors to your rear deck, perfect for outdoor entertaining. Just off the kitchen is a half bathroom and laundry room for added convenience. On the 2nd floor you'll find 3 generously sized bedrooms and a completely updated full bathroom. Located on a quiet street in desirable Palmyra, just minutes from Route 73 and bridges into Philadelphia, the location cannot be beat. This home is move-in ready. Just unpack your boxes and enjoy!

Last Agent to Sell the Property

John Katein

(267) 414-7057 johnkatein@c21veterans.com Century 21 Veterans-Newtown Listed on: 10/10/2022

Century 21 Veterans-Newtown

Last Buyer's Agent

Justin Radziemski

(609) 332-9156 justinraz19@gmail.com Coldwell Banker Realty License #2183501

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1940

Lot Details

  • 7,497 Sq Ft Lot
  • Lot Dimensions are 75.00 x 100.00

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Palmyra Harbour Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 27-00062-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,143

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home! This beautifully renovated Colonial home offers 3 bedrooms, 1.5 baths and many upgrades throughout. On the main level you'll find a cozy living room with luxury plank flooring and large windows to bring in plenty of natural light. The kitchen features white shaker cabinetry, granite countertops and stainless steel appliances. Walk through the double doors to your rear deck, perfect for outdoor entertaining. Just off the kitchen is a half bathroom and laundry room for added convenience. On the 2nd floor you'll find 3 generously sized bedrooms and a completely updated full bathroom. Located on a quiet street in desirable Palmyra, just minutes from Route 73 and bridges into Philadelphia, the location cannot be beat. This home is move-in ready. Just unpack your boxes and enjoy!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1392
  • Living Area Sq Ft: 1392
  • Price Per Sq Ft: 201.08
  • Above Grade Finished Sq Ft: 1392
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 78900.00
  • Land Assessed Value: 50000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 75.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7497.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1714034
  • Tax Annual Amount: 5143.00
  • Assessor Parcel Number: 27-00062-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1392
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/23/2022

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Dec 22, 2022
Sold by
Defonseca Fernanda Rosa
Bought by
Cruz Teresa A
Seller's Agent
John Katein
Century 21 Veterans-Newtown
Buyer's Agent
Justin Radziemski
Coldwell Banker Realty
List Price
$279,900
Sold Price
$279,900
Premium/Discount to List
$0
0.0%
Views
60
Current Estimated Value
$329,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,140
Avg. Annual Appreciation
6.04%
Original Mortgage
$265,905
Outstanding Balance
$257,369
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$71,671

Purchase Details

Closed on
Aug 30, 2019
Sold by
Lemes Property Management Llc
Bought by
Defonseca Fernanda Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 9, 2019
Sold by
Nationstar Mortageg Llc
Bought by
Rei Exuctive Group Llc
Seller's Agent
Lisa Bridgers
Vylla Home
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$112,665
Sold Price
$97,500
Premium/Discount to List
-$15,165
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.37%
Original Mortgage
$142,400
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 7, 2019
Sold by
Rei Executive Group Llc
Bought by
Lemes Property Management Llc
Seller's Agent
Lisa Bridgers
Vylla Home
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$112,665
Sold Price
$97,500
Premium/Discount to List
-$15,165
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2018
Sold by
Sagaria Jennifer
Bought by
Nationstar Mortgage Llc and Mr Cooper

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 5, 2012
Sold by
Dossantos Welbr
Bought by
Sagaria Jennifer
Seller's Agent
Heather Davidson
EXP Realty, LLC
Buyer's Agent
DANIELLE ADAMS
BHHS Fox & Roach-Marlton
List Price
$139,900
Sold Price
$137,500
Premium/Discount to List
-$2,400
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$135,009
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2004
Sold by
Hud
Bought by
Dossantos Welbr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,342
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Tharpe Edward and Tharpe Helene
Bought by
Hud
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
Cruz Teresa A $279,900 First American Title
Cruz Teresa A $279,900 First American Title
Defonseca Fernanda Rosa $142,400 None Available
Rei Exuctive Group Llc $97,500 Synrgo Inc
Lemes Property Management Llc $123,500 None Available
Nationstar Mortgage Llc -- None Available
Sagaria Jennifer $137,500 Magellan Title & Amp Abstrac
Dossantos Welbr $96,150 Stewart Title Guaranty Co
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Teresa A $265,905
Closed Cruz Teresa A $265,905
Previous Owner Defonseca Fernanda Rosa $154,400
Previous Owner Lemes Property Management Llc $142,400
Previous Owner Sagaria Jennifer $135,009
Previous Owner Dossantos Welbr $91,342
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $279,900 0.0% $201 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $279,900 +187.1% $201 / Sq Ft
03/08/2019 03/08/19 Sold $97,500 -13.5% $70 / Sq Ft View Prior Sale
02/07/2019 02/07/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $112,665 0.0% $81 / Sq Ft
12/02/2018 12/02/18 For Sale $112,665 0.0% $81 / Sq Ft
11/12/2018 11/12/18 For Sale $112,665 0.0% $81 / Sq Ft
10/16/2018 10/16/18 For Sale $112,665 0.0% $81 / Sq Ft
06/02/2018 06/02/18 For Sale $112,665 -18.1% $81 / Sq Ft
01/03/2013 01/03/13 Sold $137,500 -1.7% -- View Prior Sale
12/18/2012 12/18/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $139,900 -- --
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 $5,902 $136,500 $50,000 $86,500
2024 $5,458 $136,500 $50,000 $86,500
2023 $5,458 $128,900 $50,000 $78,900
2022 $5,329 $128,900 $50,000 $78,900
2021 $5,143 $128,900 $50,000 $78,900
2020 $5,162 $128,900 $50,000 $78,900
2019 $5,000 $128,900 $50,000 $78,900
2018 $4,929 $128,900 $50,000 $78,900
2017 $4,866 $128,900 $50,000 $78,900
2016 $4,771 $128,900 $50,000 $78,900
2015 $4,702 $128,900 $50,000 $78,900
2014 $4,495 $128,900 $50,000 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2034768

Bright MLS

APN: 27-00062-0000-00013