NOT LISTED FOR SALE

507 Mercer St Gloucester City, NJ 08030

Estimated Value: $221,000 - $261,000

4 Beds
1 Bath
1,749 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $128,500 $73 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,796/month

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Stainless Steel Appliances
  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2019

NEW roof and NEW furnace is all in this fully renovated 4 bedroom, 1 bath Twin home with basement. Beautiful front Porch and Nice size deck just in time for summer. Home features hard-wood flooring downstairs, and upstairs you will find new carpet in all bedrooms with new ceiling fans. Kitchen is fully renovated with all new Stainless Steel appliances, cabinets and counter tops. Spacious Dining room for entertaining, and upstairs bathroom is fully renovated with glass enclosed shower tub combo. In the-lower level is the nice size basement good for storage. Home is walking distance to Dining, Proprietors Park, 10 mins from Walt-Whitman bridge and close to Delaware Memorial Bridge. Do not miss out!

Last Agent to Sell the Property

Sadiyyah Maamoon

RE/MAX Preferred - Sewell License #RS309945 Listed on: 06/28/2019

RE/MAX Preferred - Sewell

Last Buyer's Agent

AMANDA FERRY

Keller Williams - Main Street

Keller Williams - Main Street

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1910

Lot Details

  • 1,890 Sq Ft Lot
  • Lot Dimensions are 21.00 x 90.00
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,749 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Built-In Microwave
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating System
  • 100 Amp Service
  • Natural Gas Water Heater
  • No Septic System
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00013 01
  • Assessor Parcel Number 14-00187-00013 01

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,084

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Personal Properties
  • Home Warranty: No
  • Inclusions: All Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-06-28
  • Federal Flood Zone: No
  • Year Built: 1910
  • Remarks Public: NEW roof and NEW furnace is all in this fully renovated 4 bedroom, 1 bath Twin home with basement. Beautiful front Porch and Nice size deck just in time for summer. Home features hard-wood flooring downstairs, and upstairs you will find new carpet in all bedrooms with new ceiling fans. Kitchen is fully renovated with all new Stainless Steel appliances, cabinets and counter tops. Spacious Dining room for entertaining, and upstairs bathroom is fully renovated with glass enclosed shower tub combo. In the-lower level is the nice size basement good for storage. Home is walking distance to Dining, Proprietors Park, 10 mins from Walt-Whitman bridge and close to Delaware Memorial Bridge. Do not miss out!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Refrigerator, Stainless Steel Appliances, Stove
  • Flooring Type: Partially Carpeted, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1749
  • Living Area Sq Ft: 1749
  • Price Per Sq Ft: 73.47
  • Above Grade Finished Sq Ft: 1749
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System, No Sewer System
  • Utilities: Cable Tv, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: GLOUCESTER CITY SCHOOLS
  • School District Key: 300200396970
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 74600.00
  • Land Assessed Value: 18100.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 21.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1890.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RESI
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1853936
  • Tax Annual Amount: 4084.00
  • Assessor Parcel Number: 14-00187-00013 01
  • Tax Lot: 00013 01
  • Tax Total Finished Sq Ft: 1749
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/16/2019

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 14, 2019
Sold by
Ephesians Property Management Llc
Bought by
Formiglia Colbert Michelle L
Seller's Agent
Sadiyyah Maamoon
RE/MAX Preferred - Sewell
Buyer's Agent
AMANDA FERRY
Keller Williams - Main Street
List Price
$128,500
Sold Price
$128,500
Current Estimated Value
$247,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,823
Avg. Annual Appreciation
7.93%
Original Mortgage
$10,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 5, 2019
Sold by
U S Bank National Association
Bought by
Ephesians Property Management Llc
Seller's Agent
Stephen Hoover
RE/MAX One Realty- Collingswood
Buyer's Agent
Rodney Anderson
Exit Realty Washington Township
List Price
$34,000
Sold Price
$37,500
Premium/Discount to List
$3,500
10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3274.47%

Purchase Details

Closed on
Oct 5, 2018
Sold by
Donatis Charles
Bought by
Us Bank National Association and The Sasco Mortgage Laon Trust

Purchase Details

Closed on
May 21, 2003
Sold by
Bramble Anthony J
Bought by
Vargas Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
5.77%

Purchase Details

Closed on
Feb 7, 2002
Sold by
Joseph Bramble
Bought by
Bramble Anthony J

Purchase Details

Closed on
Jul 30, 1996
Sold by
Rodriguez Rosa
Bought by
Perry Robert and Perry Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
8.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Formiglia Colbert Michelle L $128,500 Surety Title Company
Ephesians Property Management Llc $37,500 Dba Orange Coast Lender Svcs
Us Bank National Association -- None Available
Vargas Catherine E $69,900 --
Bramble Anthony J $6,000 --
Perry Robert $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Formigllacolbert Michelle L $10,000
Open Formiglia Colbert Michelle L $124,211
Previous Owner Vargas Catherine E $66,400
Previous Owner Perry Robert $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $128,500 0.0% $73 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $128,500 +242.7% $73 / Sq Ft
04/11/2019 04/11/19 Sold $37,500 +10.3% $21 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $34,000 -- $19 / 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 $5,494 $109,600 $18,100 $91,500
2024 $5,484 $109,600 $18,100 $91,500
2023 $5,484 $109,600 $18,100 $91,500
2022 $5,157 $109,600 $18,100 $91,500
2021 $5,105 $109,600 $18,100 $91,500
2020 $4,170 $92,700 $18,100 $74,600
2019 $4,084 $92,700 $18,100 $74,600
2018 $4,005 $92,700 $18,100 $74,600
2017 $3,922 $92,700 $18,100 $74,600
2016 $3,774 $92,700 $18,100 $74,600
2015 $3,398 $92,700 $18,100 $74,600
2014 $3,037 $57,900 $12,000 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD369170

Bright MLS

APN: 14-00187-0000-00013-01