NOT LISTED FOR SALE

509 Franklin Ave Cherry Hill, NJ 08002

Estimated Value: $333,000 - $405,000

3 Beds
1.5 Baths
1,729 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $159,900 $92 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,539/month

Highlights

  • Traditional Architecture
  • No HOA
  • En-Suite Primary Bedroom
  • 1 Fireplace
  • Living Room
  • Central Air

About This Home

As of November 2017

This is a Fannie Mae property! Spacious 2 story colonial sits on a nicely sized lot on a quiet, shady street. On the main level you'll find a formal living room, dining room and family room also a nicely sized kitchen with sliders to the back yard. Upstairs you'll find 3 nicely sized bedrooms and bathroom. Great location one block from the "New" Merchantville Country Club!

Last Agent to Sell the Property

Sharonn Thomas-Pope

(215) 669-4470 sharonn.thomas@comcast.net Vanguard Realty Group Inc License #0453467 Listed on: 09/01/2017

Last Buyer's Agent

Monica Bruns

brunsroblesrealty@gmail.com Bruns & Robles Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 95x120

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,729 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 09-00115 01-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,532

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Remarks Public: This is a Fannie Mae property! Spacious 2 story colonial sits on a nicely sized lot on a quiet, shady street. On the main level you'll find a formal living room, dining room and family room also a nicely sized kitchen with sliders to the back yard. Upstairs you'll find 3 nicely sized bedrooms and bathroom. Great location one block from the "New" Merchantville Country Club!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1729
  • Living Area Sq Ft: 1729
  • Net Sq Ft: 1729.00
  • Price Per Sq Ft: 92.48
  • Above Grade Finished Sq Ft: 1729
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 509

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396971

Lot Info

  • Improvement Assessed Value: 120900.00
  • Land Assessed Value: 45400.00
  • Lot Size Acres: 0.26
  • Lot Dimensions: 95X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11400.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1816410
  • Tax Annual Amount: 6532.00
  • Assessor Parcel Number: 09-00115 01-00016
  • Tax Lot: 00016
  • Tax Year: 2016
  • Close Date: 11/20/2017

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 26, 2017
Sold by
Fannie Mae
Bought by
Zamora Michelle
Seller's Agent
Sharonn Thomas-Pope
Vanguard Realty Group Inc
Buyer's Agent
Monica Bruns
Bruns & Robles Realty LLC
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$361,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,158
Avg. Annual Appreciation
12.12%
Original Mortgage
$16,000
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2016
Sold by
Pipitone Stephen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2005
Sold by
Ditore Carl
Bought by
Pipitone Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
5.73%

Purchase Details

Closed on
Jun 28, 1996
Sold by
Estate Of Rose Mcparland
Bought by
Ditore Jennifer D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.18%

Purchase Details

Closed on
May 28, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ditore Anna Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.18%
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
Zamora Michelle $159,900 Blackstone Stewart Abstract
Federal National Mortgage Association -- New Jersey Land Title
Pipitone Stephen $230,000 --
Ditore Jennifer D $116,000 --
Ditore Anna Marie $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zamora Michelle $152,625
Previous Owner Pipitone Stephen $218,500
Previous Owner Ditore Jennifer D $70,000
Previous Owner Ditore Anna Marie $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2017 11/20/17 Sold $159,900 0.0% $92 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
10/03/2017 10/03/17 Off Market $159,900 -- --
10/02/2017 10/02/17 For Sale $159,900 0.0% $92 / Sq Ft
10/01/2017 10/01/17 Off Market $159,900 -- --
09/01/2017 09/01/17 For Sale $159,900 -- $92 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
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 $7,415 $166,300 $45,400 $120,900
2024 $6,988 $166,300 $45,400 $120,900
2023 $6,988 $166,300 $45,400 $120,900
2022 $6,795 $166,300 $45,400 $120,900
2021 $6,817 $166,300 $45,400 $120,900
2020 $6,733 $166,300 $45,400 $120,900
2019 $6,730 $166,300 $45,400 $120,900
2018 $6,712 $166,300 $45,400 $120,900
2017 $6,620 $166,300 $45,400 $120,900
2016 $6,532 $166,300 $45,400 $120,900
2015 $6,429 $166,300 $45,400 $120,900
2014 $6,358 $166,300 $45,400 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003801323

Bright MLS

APN: 09-00115-01-00016