$233,000
SOLD MAR 19, 2018

503 S Broadway Unit 505 Pitman, NJ 08071

6 Beds
2 Baths
3,969 Sq Ft
9,360 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

14% Below List Price

121 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of February 2021

Perfect for a LIVE-IN owner as this is completely 2 separate side by side homes. Live in one side and let the other pay most of your mortgage for you. Well maintained turn of the century Victorian, side by side Duplex in desirable Pitman. Each unit is huge at just under 2,000 sqft EACH. Original hardwood floors, moldings and ornate staircase throughout both units. Beautiful stain glass windows in some rooms. Newer kitchen with Corian counters and newer bath in Unit #1. 10 foot ceilings throughout with ceiling fans in most rooms. The walk-up finished attic could be 2 additional rooms in each unit, play rooms, office or just a ton of storage space(currently not heated). Both units have full basement as well with exterior entrances. There is a 2 car garage and a 2 car driveway; open front porch and rear yard. Rent one side - live in the other! Call today for your personal tour.

Last Agent to Sell the Property

Christopher Valianti

RE/MAX Preferred - Mullica Hill Listed on: 09/16/2017

RE/MAX Preferred - Mullica Hill

Last Buyer's Agent

Christopher Valianti

RE/MAX Preferred - Mullica Hill Listed on: 09/16/2017

RE/MAX Preferred - Mullica Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,433

Year Built

  • Built in 1905

Lot Details

  • 9,360 Sq Ft Lot
  • Lot Dimensions are 60x156
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 3,969 Sq Ft Home
  • Property has 3 Levels
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Porch

Schools

  • Elwood Kindle Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

  • Heating System Uses Gas
  • Hot Water Heating System
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 15-00061-00001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,433

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property, Tenant Appliances
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1905
  • Remarks Public: Perfect for a LIVE-IN owner as this is completely 2 separate side by side homes. Live in one side and let the other pay most of your mortgage for you. Well maintained turn of the century Victorian, side by side Duplex in desirable Pitman. Each unit is huge at just under 2,000 sqft EACH. Original hardwood floors, moldings and ornate staircase throughout both units. Beautiful stain glass windows in some rooms. Newer kitchen with Corian counters and newer bath in Unit #1. 10 foot ceilings throughout with ceiling fans in most rooms. The walk-up finished attic could be 2 additional rooms in each unit, play rooms, office or just a ton of storage space(currently not heated). Both units have full basement as well with exterior entrances. There is a 2 car garage and a 2 car driveway; open front porch and rear yard. Rent one side - live in the other! Call today for your personal tour.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Interior Amenities: Stain/Lead Glass, Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3+
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 3969
  • Living Area Sq Ft: 3969
  • Net Sq Ft: 3969.00
  • Price Per Sq Ft: 65.48
  • Above Grade Finished Sq Ft: 3969
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503-505

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Access To Pool: No
  • 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
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Hot Water, Steam
  • 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: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: ELWOOD KINDLE
  • Middle School: PITMAN
  • High School: PITMAN
  • School District Key: 300200396141
  • Elementary School: ELWOOD KINDLE
  • High School: PITMAN
  • Middle Or Junior School: PITMAN

Lot Info

  • Improvement Assessed Value: 215900.00
  • Land Assessed Value: 32500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.21
  • Lot Dimensions: 60X156
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9360.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2024397
  • Tax Annual Amount: 10433.00
  • Assessor Parcel Number: 15-00061-00001
  • Tax Lot: 00001
  • Tax Year: 2017
  • Close Date: 03/19/2018

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 12, 2021
Sold by
Greene Randy C and Greene Justine G
Bought by
Mcilvaine Kaitlyn M and Jones Wyatt Nelson
Seller's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$499,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,855
Avg. Annual Appreciation
10.38%
Original Mortgage
$319,113
Outstanding Balance
$288,424
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$211,431

Purchase Details

Listed on
Sep 16, 2017
Closed on
Mar 5, 2018
Sold by
Verhagen Edward W and Verhagen Delores
Bought by
Greene Randy C and Greene Justine G
Seller's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
List Price
$269,900
Sold Price
$233,000
Premium/Discount to List
-$36,900
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$162,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Chapman Christopher J
Bought by
Verhagen Edward W and Verhagen Delores

Purchase Details

Closed on
Jul 29, 2003
Sold by
Thomsen Donald C and Thomsen Beverly B
Bought by
Chapman Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $325,000 Foundation Title Llc
Deed $325,000 Fidelity National Title
Deed $233,000 None Available
Deed $270,000 Congress Title
Deed $190,000 Congress
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,113 FHA
Closed $319,113 FHA
Previous Owner $162,500 New Conventional
Previous Owner $213,950 New Conventional
Previous Owner $210,000 No Value Available
Previous Owner $152,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $325,000 0.0% $82 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $325,000 0.0% $82 / Sq Ft
04/01/2020 04/01/20 Rented $1,350 -6.9% --
03/02/2020 03/02/20 Under Contract -- -- --
12/16/2019 12/16/19 For Rent $1,450 0.0% --
03/19/2018 03/19/18 Sold $233,000 0.0% $59 / Sq Ft
01/22/2018 01/22/18 Off Market $233,000 -- --
01/15/2018 01/15/18 Pending -- -- --
11/03/2017 11/03/17 Price Changed $259,900 -3.7% $65 / Sq Ft
09/16/2017 09/16/17 For Sale $269,900 0.0% $68 / Sq Ft
07/15/2017 07/15/17 Rented $1,400 0.0% --
07/14/2017 07/14/17 Under Contract -- -- --
06/12/2017 06/12/17 For Rent $1,400 -- --
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 $10,744 $315,900 $39,000 $276,900
2023 $10,744 $315,900 $39,000 $276,900
2022 $10,320 $315,900 $39,000 $276,900
2021 $11,123 $248,400 $32,500 $215,900
2020 $11,004 $248,400 $32,500 $215,900
2019 $10,746 $248,400 $32,500 $215,900
2018 $10,564 $248,400 $32,500 $215,900
2017 $10,433 $248,400 $32,500 $215,900
2016 $10,232 $248,400 $32,500 $215,900
2015 $9,956 $248,400 $32,500 $215,900
2014 $9,650 $248,400 $32,500 $215,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000929591

Bright MLS

APN: 15-00061-0000-00001