NOT LISTED FOR SALE

508 W Charles St Palmyra, NJ 08065

Estimated Value: $342,000 - $373,603

3 Beds
1 Bath
1,568 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $250,000 $159 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,605/month

Highlights

  • Rambler Architecture
  • Corner Lot
  • Upgraded Countertops
  • Wood Flooring
  • No HOA
  • 1 Car Detached Garage

About This Home

As of March 2021

Welcome to 508 W Charles St! Sitting on a .25 acre, corner lot in desirable Palmyra, this 3 bed, 1 bath home shows much larger than its listed square footage. Enter into a spacious open living / dining area with fresh coats of paint, tons of windows for natural lighting, original hardwood floors and baseboard trim. The large kitchen was renovated in 2016 and features tile flooring, granite countertops, brand new backsplash, tons of cabinet space, and a separate coffee bar. Through the kitchen is the steps to the fully finished basement. A combination of living-space and a pub area, the basement features purple-board drywall, engineered hardwood, and brand new paint; a perfect space for hosting gatherings. The basement also features two additional rooms. The utility room currently is set up for storage but can easily be converted into an addition living space, and the laundry room also serves a gym area. Originally planned to serve as an area for a half bathroom, the laundry room hosts ample space for an additional bathroom. Back up to the main floor, there are 3 spacious bedrooms, (one currently set up for an "at-home" 1st grade classroom), and a modern bathroom with tiled tub/shower combo and newer vanity. The huge backyard is fully fenced in and features a 12 x 16 wooden deck, and a large detached garage (with parking for 2 cars on the side driveway). Roof and HVAC are both under 5 years old. Located less than 2 miles from Philadelphia, and close to highways, restaurants, parks, schools and shopping, this isn't one you'll want to miss.

Last Agent to Sell the Property

Ryan Straub

(215) 359-8419 ryan@nrephilly.com City & Suburban Real Estate Listed on: 02/10/2021

City & Suburban Real Estate

Co-Listed By

Frank Gallagher

(609) 304-3725 FGallagher@NREphilly.com Hometown Realty Associates, LLC

Last Buyer's Agent

Andrew Mascieri

(609) 712-2961 andrewm@JRRETeam.com KW Empower

KW Empower

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,462

Year Built

  • Built in 1940 | Remodeled in 2016

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 94.00 x 124.00
  • Chain Link Fence
  • Corner Lot
  • Back, Front, and Side Yard

Parking

  • 1 Car Detached Garage
  • 2 Driveway Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Rambler Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Laundry in Basement
  • Electric Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Charles Street Elementary School
  • Palmyra Middle School
  • Palmyra High School

Utilities

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

Community Details

  • No Home Owners Association
  • Palmyra Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 27-00052 01-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,462

Year Built

Built in 1940 | Remodeled in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Furnishings
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer, Dryer, Dishwasher, Range, Microwave All in "AS-IS" Condition.
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1940
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 508 W Charles St! Sitting on a .25 acre, corner lot in desirable Palmyra, this 3 bed, 1 bath home shows much larger than its listed square footage. Enter into a spacious open living / dining area with fresh coats of paint, tons of windows for natural lighting, original hardwood floors and baseboard trim. The large kitchen was renovated in 2016 and features tile flooring, granite countertops, brand new backsplash, tons of cabinet space, and a separate coffee bar. Through the kitchen is the steps to the fully finished basement. A combination of living-space and a pub area, the basement features purple-board drywall, engineered hardwood, and brand new paint; a perfect space for hosting gatherings. The basement also features two additional rooms. The utility room currently is set up for storage but can easily be converted into an addition living space, and the laundry room also serves a gym area. Originally planned to serve as an area for a half bathroom, the laundry room hosts ample space for an additional bathroom. Back up to the main floor, there are 3 spacious bedrooms, (one currently set up for an "at-home" 1st grade classroom), and a modern bathroom with tiled tub/shower combo and newer vanity. The huge backyard is fully fenced in and features a 12 x 16 wooden deck, and a large detached garage (with parking for 2 cars on the side driveway). Roof and HVAC are both under 5 years old. Located less than 2 miles from Philadelphia, and close to highways, restaurants, parks, schools and shopping, this isn't one you'll want to miss.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Gas, Microwave, Dryer - Electric, Dishwasher
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Upgraded Countertops
  • Window Features: Vinyl Clad
  • Levels Count: 2
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 50.00
  • Laundry Type: Basement
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 222.75
  • Above Grade Finished Sq Ft: 1068
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Additional Storage Area
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Detached Garage, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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
  • Association Recreation Fee: No

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • Elementary School: CHARLES STREET SCHOOL
  • Middle School: PALMYRA
  • High School: PALMYRA H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396966
  • School District Source: Listing Agent
  • Elementary School: CHARLES STREET SCHOOL
  • High School: PALMYRA H.S.
  • Middle Or Junior School: PALMYRA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link
  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.27
  • Lot Dimensions: 94.00 x 124.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11656.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1713811
  • Assessor Parcel Number: 27-00052 01-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/26/2021

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 19, 2021
Sold by
Gallagher Francis
Bought by
Shinn Derek
Seller's Agent
Ryan Straub
City & Suburban Real Estate
Buyer's Agent
Andrew Mascieri
KW Empower
List Price
$237,900
Sold Price
$250,000
Premium/Discount to List
$12,100
5.09%
Current Estimated Value
$358,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,401
Avg. Annual Appreciation
8.22%
Original Mortgage
$232,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 3, 2016
Sold by
Dorisio Robert
Bought by
Gallagher Francis
Seller's Agent
Robert Dorisio
Realty Mark Advantage
Buyer's Agent
George Denney
Keller Williams Realty - Cherry Hill
List Price
$164,500
Sold Price
$160,000
Premium/Discount to List
-$4,500
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$160,000
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Listed on
Mar 26, 2016
Closed on
Jul 8, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Donisio Robert
Seller's Agent
Carole Mancini
EXP Realty, LLC
Buyer's Agent
Robert Dorisio
Realty Mark Advantage
List Price
$83,000
Sold Price
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
791.54%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Medina Richard
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 31, 2007
Sold by
Manuel Scott D
Bought by
Medina Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,225
Interest Rate
6.41%
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 Buyer Sale Price Title Company
Shinn Derek $250,000 City Abstract
Shinn Derek $250,000 None Listed On Document
Gallagher Francis $160,000 Title Services
Donisio Robert $83,000 Surety Title Company Llc
Federal Home Loan Mortgage Corporation -- Attorney
Medina Richard $179,225 Title Source Inc
-- $179,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shinn Derek $232,750
Previous Owner Gallagher Francis $160,000
Previous Owner -- $179,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $250,000 +5.1% $159 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $237,900 +48.7% $152 / Sq Ft
11/03/2016 11/03/16 Sold $160,000 -2.7% $150 / Sq Ft View Prior Sale
09/25/2016 09/25/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $164,500 +98.2% $154 / Sq Ft
07/15/2016 07/15/16 Sold $83,000 0.0% $78 / Sq Ft View Prior Sale
07/11/2016 07/11/16 For Sale $83,000 -7.7% $78 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $89,900 +8.3% $84 / Sq Ft
05/30/2016 05/30/16 Off Market $83,000 -- --
05/29/2016 05/29/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $89,900 -10.0% $84 / Sq Ft
05/02/2016 05/02/16 For Sale $99,900 +20.4% $94 / Sq Ft
04/30/2016 04/30/16 Off Market $83,000 -- --
03/26/2016 03/26/16 For Sale $99,900 -- $94 / 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 $8,462 $195,700 $76,400 $119,300
2024 $8,286 $195,700 $76,400 $119,300
2023 $8,286 $195,700 $76,400 $119,300
2022 $8,090 $195,700 $76,400 $119,300
2021 $7,808 $158,200 $76,400 $81,800
2020 $0 $158,200 $76,400 $81,800
2019 $6,482 $158,200 $76,400 $81,800
2018 $5,972 $158,200 $76,400 $81,800
2017 $5,972 $158,200 $76,400 $81,800
2016 $6,292 $170,000 $76,400 $93,600
2015 $6,202 $170,000 $76,400 $93,600
2014 $5,928 $170,000 $76,400 $93,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL391268

Bright MLS

APN: 27-00052-01-00001