NOT LISTED FOR SALE

514 Pitman Ave Pitman, NJ 08071

Estimated Value: $411,463 - $541,000

3 Beds
3 Baths
2,086 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $402,000 $193 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,373/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Hot Water Baseboard Heater
  • No HOA

About This Home

As of September 2023

Come relax in this 2,100 square foot home (lot size 0.38 acres) on a beautiful tree-lined street located in desirable Pitman within walking distance to BTOP (Broadway Theatre of Pitman), Pitman Library, fine dining, Pitman’s excellent schools, and the rest of Pitman Borough. This 3 BR house has 1 whole bath and two half-baths, one on the first floor and the other on the second floor.  It’s been completely remodeled to include new soft-close cabinets, beautiful quartz countertops, all new designer tile backsplash, new stainless steel appliances in the kitchen, a laundry room with plenty of storage, a new roof, a new energy efficient central A/C unit, new electrical circuit breaker box, beautiful wood floors, new energy efficient LED lighting throughout, a Nest thermostat and new railings around the large front porch.  It also includes a full-sized unfinished basement with a French drain around entire perimeter, a large breezeway between the house and the attached one-car garage, a walk up attic with an excellent floor for even more storage, ceiling fans in all the bedrooms, a large living room with a beautiful fireplace, and the family room with French doors opening to the brand new Trex deck.  The entire home has been freshly painted with neutral colors.  Outside, in one of the largest lots in Pitman, there are two sheds (one built into the house), two apple trees, two plum trees, a  walnut tree, and an asparagus patch.  There are no “problem trees” to worry about.  Schedule your appointment today. Photos of LV/ DR/ Bedrooms are Virtual Staged.

Last Listed By

David Huber

HomeSmart First Advantage Realty License #1373972 Listed on: 08/28/2023

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,098

Year Built

  • Built in 1951

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 100.00 x 165.00

Home Design

  • Colonial Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,086 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Drainage System

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 15-00151-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,098

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-08
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Drainage System, Unfinished
  • Total Sq Ft: 2086
  • Living Area Sq Ft: 2086
  • Price Per Sq Ft: 192.71
  • Above Grade Finished Sq Ft: 2086
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 514

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

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: 2
  • Type Of Parking: Driveway, 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: Hot Water & Baseboard - Electric
  • 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: PITMAN BORO PUBLIC SCHOOLS
  • School District Key: 300200396141
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 100.00 x 165.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16501.00
  • Year Assessed: 2022
  • Zoning: SFR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9098.00
  • Assessor Parcel Number: 15-00151-00007
  • Tax Lot: 00007
  • Tax Total Finished Sq Ft: 2086
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2023

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Sep 29, 2023
Sold by
Myhre John B and Myhre Terry
Bought by
Degroot Christopher
Seller's Agent
David Huber
HomeSmart First Advantage Realty
Buyer's Agent
Beth Sawyer
Sawyer Realty Group, LLC
List Price
$428,900
Sold Price
$402,000
Premium/Discount to List
-$26,900
-6.27%
Total Days on Market
9
Views
183
Current Estimated Value
$466,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,116
Avg. Annual Appreciation
7.16%
Original Mortgage
$321,600
Outstanding Balance
$317,342
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$131,668

Purchase Details

Closed on
Sep 17, 1990
Bought by
Myhre John and Ann Marie

Range of Values:

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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
Degroot Christopher $402,000 American Land Title
Myhre John $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degroot Christopher $321,600
Previous Owner Myhre John B $102,500
Previous Owner Myhre John B $118,200
Previous Owner Myhre John B $25,000
Previous Owner Myhre John B $115,300
Previous Owner Myhre John B $5,217
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $402,000 0.0% $193 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/09/2023 09/09/23 Price Changed $402,000 +5.8% $193 / Sq Ft
09/07/2023 09/07/23 Price Changed $379,900 -11.4% $182 / Sq Ft
08/30/2023 08/30/23 For Sale $428,900 +6.7% $206 / Sq Ft
08/28/2023 08/28/23 Off Market $402,000 -- --
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
2024 $9,472 $278,500 $61,500 $217,000
2023 $9,472 $278,500 $61,500 $217,000
2022 $9,099 $278,500 $61,500 $217,000
2021 $9,591 $221,700 $62,100 $159,600
2020 $9,821 $221,700 $62,100 $159,600
2019 $9,591 $221,700 $62,100 $159,600
2018 $9,429 $221,700 $62,100 $159,600
2017 $9,311 $221,700 $62,100 $159,600
2016 $9,132 $221,700 $62,100 $159,600
2015 $8,886 $221,700 $62,100 $159,600
2014 $8,613 $221,700 $62,100 $159,600
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJGL2032684

Bright MLS

APN: 15-00151-0000-00007