NOT LISTED FOR SALE

506 Otto Ave Beverly, NJ 08010

Estimated Value: $398,000 - $430,000

3 Beds
1.5 Baths
1,708 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $386,000 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,091/month

11 Days on Market

About This Home

As of May 2023

Welcome to this newly renovated split bi-level in quaint Edgewater Park! This Spacious home features an inviting living room, dining room, and newly updated kitchen on the first floor. There are three bedrooms and one full updated bathroom on the upper level. The lower level has a family room and half-bathroom. Major items such siding, roofing, and hvac has all been recently updated. New owners will be able to enjoy the newly wrapped deck and fully fenced in yard during the warmer days. Join us at our open house this weekend or schedule your appointments today!

Last Agent to Sell the Property

Haci Kose

RE/MAX Of Cherry Hill Listed on: 03/02/2023

RE/MAX Of Cherry Hill

Last Buyer's Agent

Cynthia Cervone

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 1964

Lot Details

  • 7,062 Sq Ft Lot
  • Lot Dimensions are 66.00 x 107.00

Parking

  • Driveway

Home Design

  • Split Level Home
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,708 Sq Ft Home
  • Property has 2 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number 12-00903-00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,667

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this newly renovated split bi-level in quaint Edgewater Park! This Spacious home features an inviting living room, dining room, and newly updated kitchen on the first floor. There are three bedrooms and one full updated bathroom on the upper level. The lower level has a family room and half-bathroom. Major items such siding, roofing, and hvac has all been recently updated. New owners will be able to enjoy the newly wrapped deck and fully fenced in yard during the warmer days. Join us at our open house this weekend or schedule your appointments today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1708
  • Living Area Sq Ft: 1708
  • Price Per Sq Ft: 216.57
  • Above Grade Finished Sq Ft: 1708
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 506

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: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% 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: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 126200.00
  • Land Assessed Value: 68700.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 66.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7062.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1632148
  • Tax Annual Amount: 6667.00
  • Assessor Parcel Number: 12-00903-00027
  • Tax Lot: 00027
  • Tax Total Finished Sq Ft: 1708
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/18/2023

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2007
Sold by
Gunaydin Yeter
Bought by
Ozturk Huseyin and Ozturk Turkan
Current Estimated Value
$418,232

Purchase Details

Closed on
Oct 17, 2003
Sold by
Fenimore John W and Fenimore Shirley S
Bought by
Gunaydin Yeter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,165
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Federal National Mortgage Association
Bought by
Fenimore John and Fenimore Shirley

Purchase Details

Closed on
Apr 21, 2003
Sold by
Lanier Willie J and Lanier Karen James
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2000
Sold by
Lanier Willie J and Lanier Karen J
Bought by
Nationscredit Financial Services Corp
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
Ozturk Huseyin -- Peoples Title Agency
Gunaydin Yeter $204,900 Executive Title & Abstract I
Fenimore John $135,500 Commonwealth Land Title Ins
Federal National Mortgage Association -- --
Nationscredit Financial Services Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozturk Turkan $148,000
Closed Ozturk Turkan $156,288
Previous Owner Gunaydin Yeter $174,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $386,000 +4.4% $226 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $369,900 -- $217 / 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 $9,753 $281,300 $68,700 $212,600
2024 $6,687 $281,300 $68,700 $212,600
2023 $6,687 $194,900 $68,700 $126,200
2022 $6,668 $194,900 $68,700 $126,200
2021 $6,558 $194,900 $68,700 $126,200
2020 $6,348 $194,900 $68,700 $126,200
2019 $5,997 $194,900 $68,700 $126,200
2018 $5,865 $194,900 $68,700 $126,200
2017 $5,753 $194,900 $68,700 $126,200
2016 $5,432 $194,900 $68,700 $126,200
2015 $5,233 $194,900 $68,700 $126,200
2014 $4,950 $194,900 $68,700 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Haci Kose

    Seller's Agent in 2023

    Haci Kose

    RE/MAX

    (856) 220-5099

    3 in this area

    225 Total Sales

    Haci Kose
    Section Image
  • Cynthia Cervone

    Buyer's Agent in 2023

    Cynthia Cervone

    EXP Realty, LLC

    (412) 600-7297

    1 in this area

    17 Total Sales

    Cynthia Cervone
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL2042132

Bright MLS

APN: 12-00903-0000-00027

New Jersey Burlington County Beverly 08010

506 Otto Ave, Beverly, NJ

This home is located at 506 Otto Ave, Beverly, NJ 08010 since 02 March 2023 and is currently estimated at $418,232, approximately $244 per square foot. This property was built in 1964. 506 Otto Ave is a home located in Burlington County with nearby schools including Magowan Elementary School, Samuel M Ridgway School, and Benjamin Banneker Prep Charter School.

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