NOT LISTED FOR SALE

508 W Broad St Palmyra, NJ 08065

Estimated Value: $239,000 - $348,000

4 Beds
1 Bath
1,594 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $180,000 $113 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,124/month

130 Days on Market

Highlights

  • Cape Cod Architecture
  • Living Room
  • Forced Air Heating System
  • No HOA

About This Home

As of December 2020

Excellent Opportunity to own your home in an incredible location! Property has recently been updated and upgraded! Spacious Home with 4 BR's! Full Basement, Great Yard, and more. Beautiful Front Porch, Gorgeous Hardwood Flooring, AWESOME NEW Kitchen, Freshly Painted, and more.

Last Agent to Sell the Property

Christopher McKenty

(856) 889-4455 themckentyteam@gmail.com Opus Elite Real Estate of NJ, LLC Listed on: 07/02/2020

Opus Elite Real Estate of NJ, LLC

Last Buyer's Agent

Beata Lagares

(856) 904-4576 bayasellshomes@gmail.com HomeSmart First Advantage Realty License #1862650

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,535

Year Built

  • Built in 1940

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,594 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • On-Street Parking

Schools

  • Palmyra High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 27-00057-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,535

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1594
  • Living Area Sq Ft: 1594
  • Price Per Sq Ft: 109.79
  • Above Grade Finished Sq Ft: 1594
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full 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
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 93400.00
  • Land Assessed Value: 44800.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 1713951
  • Tax Annual Amount: 5535.00
  • Assessor Parcel Number: 27-00057-00009
  • Tax Lot: 00009
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Dec 22, 2020
Sold by
448 Delware Nj Llc
Bought by
Torres Alejandro Mariano Nunez and De Nunez Josefina
Seller's Agent
Christopher McKenty
Opus Elite Real Estate of NJ, LLC
Buyer's Agent
Beata Lagares
HomeSmart First Advantage Realty
List Price
$175,000
Sold Price
$180,000
Premium/Discount to List
$5,000
2.86%
Current Estimated Value
$301,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,665
Avg. Annual Appreciation
11.02%
Original Mortgage
$173,700
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 17, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
448 Delaware Nj Llc
Seller's Agent
Ronald Rudolph
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Christopher McKenty
Opus Elite Real Estate of NJ, LLC
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.05%

Purchase Details

Closed on
Jul 27, 2018
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jun 25, 2018
Sold by
Marker John T
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 29, 2007
Sold by
Bainger Richard and Bainger Kelli J
Bought by
Marker John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,998
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 1999
Sold by
Montgomery Charlotte
Bought by
Bainger Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Alejandro Mariano Nunez $180,000 National Title Agency
Torres Alejandro Mariano Nune $180,000 Old Republic Title
448 Delaware Nj Llc $90,000 Connection Ttl Agcy Of Nj Ll
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na -- None Available
Marker John T $191,500 None Available
Bainger Richard $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Alejandro Mariano Nune $173,700
Previous Owner Marker John T $189,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2020 12/23/20 Sold $180,000 +2.9% $113 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/02/2020 11/02/20 Price Changed $175,000 0.0% $110 / Sq Ft
11/02/2020 11/02/20 For Sale $175,000 +2.9% $110 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $169,999 -5.6% $107 / Sq Ft
07/02/2020 07/02/20 For Sale $180,000 0.0% $113 / Sq Ft
07/02/2020 07/02/20 Off Market $180,000 -- --
10/17/2019 10/17/19 Sold $90,000 -2.2% $56 / Sq Ft View Prior Sale
09/10/2019 09/10/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $92,000 -- $58 / 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 $6,421 $148,500 $44,800 $103,700
2024 $6,287 $148,500 $44,800 $103,700
2023 $6,287 $148,500 $44,800 $103,700
2022 $6,139 $148,500 $44,800 $103,700
2021 $5,925 $138,200 $44,800 $93,400
2020 $5,535 $138,200 $44,800 $93,400
2019 $5,361 $138,200 $44,800 $93,400
2018 $5,285 $138,200 $44,800 $93,400
2017 $5,217 $138,200 $44,800 $93,400
2016 $5,115 $138,200 $44,800 $93,400
2015 $5,042 $138,200 $44,800 $93,400
2014 $4,819 $138,200 $44,800 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL375908

Bright MLS

APN: 27-00057-0000-00009