NOT LISTED FOR SALE

516 Chestnut St Florence, NJ 08518

Estimated Value: $296,365 - $335,000

3 Beds
2 Baths
1,502 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $205,000 $136 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,029/month

3 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of May 2021

This is one you don't want to miss out on. This 3 LARGE bedroom, 2 FULL bathroom single family home is available in Florence now. This one has an updated kitchen, new laminate floors, 2 very nicely redone bathrooms, very spacious bedrooms, a recently refinished mud/laundry room, large grass backyard with privacy fence, forced air heat (easy hookup for future central air), and 3 offstreet parking spots. For the price this one can't be beat. In addition it is first time home buyer grant eligible. Close proximity to Riverline, 295, rt 130, 195, 206

Last Agent to Sell the Property

Chris Larcome

(215) 909-7355 kenb@homesmartnrg.com HomeSmart Nexus Realty Group - Newtown Listed on: 04/02/2021

HomeSmart Nexus Realty Group - Newtown

Last Buyer's Agent

Chris Larcome

(215) 909-7355 kenb@homesmartnrg.com HomeSmart Nexus Realty Group - Newtown Listed on: 04/02/2021

HomeSmart Nexus Realty Group - Newtown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,769

Year Built

  • Built in 1900

Lot Details

  • 3,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 140.00

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • Property has 2 Levels
  • Basement
  • Dirt Floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 15-00065-00008

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,769

Year Built

Built in 1900

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-04-02
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Dirt Floor
  • Total Sq Ft: 1502
  • Living Area Sq Ft: 1502
  • Price Per Sq Ft: 133.16
  • Above Grade Finished Sq Ft: 1502
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Metal
  • 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
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 101800.00
  • Land Assessed Value: 44400.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3500.00
  • Zoning: RESI

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1651325
  • Tax Annual Amount: 3769.00
  • Assessor Parcel Number: 15-00065-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 27, 2021
Sold by
Settle Nathaniel
Bought by
Bond Philip and Bond Jessica
Seller's Agent
Chris Larcome
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Chris Larcome
HomeSmart Nexus Realty Group - Newtown
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$319,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,698
Avg. Annual Appreciation
9.66%
Original Mortgage
$10,000
Interest Rate
2.9%

Purchase Details

Listed on
Sep 18, 2019
Closed on
Nov 21, 2019
Sold by
Abramowitz Kenneth
Bought by
Settle Nathaniel
Seller's Agent
Chris Larcome
HomeSmart Nexus Realty Group - Newtown
Buyer's Agent
Tammy Cottrell
Century 21 Action Plus Realty - Cream Ridge
List Price
$159,000
Sold Price
$158,000
Premium/Discount to List
-$1,000
-0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.82%
Original Mortgage
$155,138
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Abramowitz Kenneth

Purchase Details

Closed on
Apr 20, 2009
Sold by
Wells Charles E and Wells Jennifer L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 7, 2001
Sold by
Ginglen Richard and Ginglen Lesley
Bought by
Gilanyi Melva

Purchase Details

Closed on
Nov 21, 2001
Sold by
Ginglen Richard C and Ginglen Lesley A
Bought by
Wells Charles E and Wells Jennifer L

Purchase Details

Closed on
Mar 4, 1999
Sold by
Persicketti James C
Bought by
Ginglen Richard C and Ginglen Lesley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.74%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bond Philip $205,000 Downtown Abstract
Bond Philip $205,000 Downtown Abstract
Settle Nathaniel $158,000 Group 21 Title Agency Llc
Abramowitz Kenneth $55,000 Fortune Title Agency Inc
Federal Home Loan Mortgage Corporation -- None Available
Gilanyi Melva $32,500 --
Wells Charles E $80,000 Fidelity National Title Ins
Ginglen Richard C $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bond Philip $10,000
Open Bond Philip $198,158
Closed Bond Philip $198,158
Previous Owner Settle Nathaniel $155,138
Previous Owner Ginglen Richard C $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $205,000 +2.5% $136 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $200,000 +26.6% $133 / Sq Ft
11/22/2019 11/22/19 Sold $158,000 -0.6% $105 / Sq Ft View Prior Sale
09/29/2019 09/29/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $159,000 -- $106 / Sq Ft
Source: Bright MLS

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 $4,610 $165,400 $44,400 $121,000
2024 $4,413 $165,400 $44,400 $121,000
2023 $4,413 $165,400 $44,400 $121,000
2022 $4,319 $165,400 $44,400 $121,000
2021 $3,784 $146,200 $44,400 $101,800
2020 $3,769 $146,200 $44,400 $101,800
2019 $3,735 $146,200 $44,400 $101,800
2018 $3,703 $146,200 $44,400 $101,800
2017 $3,658 $146,200 $44,400 $101,800
2016 $3,588 $146,200 $44,400 $101,800
2015 $3,515 $146,200 $44,400 $101,800
2014 $3,417 $146,200 $44,400 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL393964

Bright MLS

APN: 15-00065-0000-00008

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