NOT LISTED FOR SALE

51 Chapel Ave Merchantville, NJ 08109

Estimated Value: $224,000 - $283,000

3 Beds
1 Bath
888 Sq Ft
$279/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $165,000 $186 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,859/month

35 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Bonus Room
  • 4-minute walk to Still Park

About This Home

As of November 2021

Calling all investors and first time home buyers! This cozy 3 bedroom 1 bath Cape Cod style home on a tree-lined street in Merchantville is just waiting for you. You will be welcomed by the covered porch where you might enjoy your morning coffee. As you enter into the nicely sized living room, you'll notice the lovely original hardwood floors as well as the classic woodwork leading to the dining room. The first floor also includes 3 bedrooms and a full bath. Through the kitchen, you will find the stairs leading to the bonus room that is the full length of the home. Use this room as an extra bedroom, a family room or anything else you can imagine. The full unfinished basement provides you with lots of storage as well as the laundry area. The property is currently tenant occupied under a month-to-month lease.

Last Agent to Sell the Property

Ron Bruce

BHHS Fox & Roach-Mullica Hill South License #8541117 Listed on: 08/06/2021

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Lydine Petrutz

Romano Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1926

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 92.00 x 147.00
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 888 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dining Area
  • Bonus Room

Kitchen

  • Kitchen in Efficiency Studio
  • Gas Oven or Range

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 24-00026-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,493

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Refrigerator, Window Units
  • Inclusions: Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-08-20
  • Federal Flood Zone: No
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Washer
  • Flooring Type: Hardwood, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Efficiency, Wood Floors
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room Count: 6
  • Room List: Bonus Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 888
  • Living Area Sq Ft: 888
  • Price Per Sq Ft: 180.18
  • Above Grade Finished Sq Ft: 888
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 51

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
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched
  • 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: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MERCHANTVILLE PUBLIC SCHOOLS
  • School District Key: 300200396996
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Lot Dimensions: 92.00 x 147.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13524.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5493.00
  • Assessor Parcel Number: 24-00026-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 888
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/15/2021

MLS Schools

  • School District Name: MERCHANTVILLE PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Nov 11, 2021
Sold by
Tuan Vu Tony and Tuan Lien K
Bought by
Tavarez Anthony A
Seller's Agent
Ron Bruce
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Lydine Petrutz
Romano Realty
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Current Estimated Value
$246,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,538
Avg. Annual Appreciation
11.46%
Original Mortgage
$162,011
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 2, 2015
Closed on
Feb 11, 2016
Sold by
Owb Reo Llc
Bought by
Vu Tony Tuan
Seller's Agent
ROBERT CLEGG
Coldwell Banker Realty
Buyer's Agent
Julie Dinh
Garden State Properties Group - Merchantville
List Price
$68,250
Sold Price
$51,200
Premium/Discount to List
-$17,050
-24.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.75%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Burns Timothy M
Bought by
Owb Reo Llc

Purchase Details

Closed on
Aug 9, 2007
Sold by
Burns Timothy M
Bought by
Burns Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2001
Sold by
Ferro Eleanor M
Bought by
Burns Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,650
Interest Rate
6.61%
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
Tavarez Anthony A $165,000 Wollman David A
Vu Tony Tuan $51,200 Servicelink
Owb Reo Llc -- Attorney
Burns Timothy M -- --
Burns Timothy M $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tavarez Anthony A $162,011
Previous Owner Vu Tony Tuan $40,900
Previous Owner Burns Timothy M $130,000
Previous Owner Burns Timothy M $74,650
Closed Tavarez Anthony A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $165,000 +3.1% $186 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $160,000 -5.9% $180 / Sq Ft
08/06/2021 08/06/21 For Sale $170,000 +232.0% $191 / Sq Ft
03/03/2016 03/03/16 Sold $51,200 +3.6% $58 / Sq Ft
01/04/2016 01/04/16 Price Changed $49,400 -19.7% $56 / Sq Ft
10/29/2015 10/29/15 Price Changed $61,500 -9.9% $69 / Sq Ft
10/02/2015 10/02/15 For Sale $68,250 -- $77 / 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 $6,187 $116,100 $52,000 $64,100
2024 $5,890 $116,100 $52,000 $64,100
2023 $5,890 $116,100 $52,000 $64,100
2022 $5,640 $116,100 $52,000 $64,100
2021 $5,602 $116,100 $52,000 $64,100
2020 $5,493 $116,100 $52,000 $64,100
2019 $5,391 $116,100 $52,000 $64,100
2018 $5,134 $116,100 $52,000 $64,100
2017 $4,917 $116,100 $52,000 $64,100
2016 $4,692 $116,100 $52,000 $64,100
2015 $4,456 $116,100 $52,000 $64,100
2014 $4,293 $116,100 $52,000 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2003894

Bright MLS

APN: 24-00026-0000-00006