NOT LISTED FOR SALE

516 Elm Ave Audubon, NJ 08106

Estimated Value: $722,000 - $864,112

5 Beds
4 Baths
6,530 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $415,000 $64 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,097/month

567 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Great Room
  • Cathedral Ceiling
  • 2 Fireplaces
  • No HOA

About This Home

As of March 2018

NEW PRICE! You will be WOWED by this expanded and renovated addition offering a very spacious home, situated on a double lot, that is so magnificent! Picture yourself having coffee or beverage of choice on the front porch overlooking quiet street in a great neighborhood! Enter into large foyer in this colonial home and you can enter into Dining Room with hardwood floors, Spacious Living Room (used as second family room), Kitchen is gourmet high end with beautiful granite counter tops, gorgeous cherry cabinets and tile flooring with high end appliances... so perfect for entertaining! A huge family room offers two story ceiling height with beautiful stone gas fireplace and huge upgraded windows offering great natural light, overlooking double lot backyard. A large screened in patio off of family room leads to scenic backyard. Three bedrooms and wonderful master bathroom on second floor, large enough to be a bedroom, provides luxurious "take me away" spa feeling! Basement is unlike none you've been in! Magnificent spacious living space offers seating area, a second gas fireplace with magnificent stone walls and brick surround, carpeted and with a huge bar. There is another family room with second bar area and great for entertaining...your family will never want to leave the house! A game room, exercise room and half bath complete the basement layout offering over 2000 sq ft of additional living space. Seller said Tax Assessor will reassess taxes based on sale price (lower). With reduced price, house being sold AS IS. Inspections for informational purposes only. Seller will obtain CO.

Last Agent to Sell the Property

Kathleen Sullivan

Coldwell Banker Realty Listed on: 05/24/2016

Coldwell Banker Realty

Last Buyer's Agent

Heidi Welsh

Keller Williams Realty - Washington Township

Keller Williams Realty - Washington Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,648

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 107x160
  • Back, Front, and Side Yard
  • Property is in good condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Stone Fireplace
  • Brick Fireplace
  • Gas Fireplace
  • Replacement Windows
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-in Shower

Parking

  • 5 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Audubon Jr-Sr High School

Utilities

  • Central Air
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westside Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 01-00108-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,648

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Inclusions: Kitchen Appliances, Washer, Dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1955
  • Remarks Public: NEW PRICE! You will be WOWED by this expanded and renovated addition offering a very spacious home, situated on a double lot, that is so magnificent! Picture yourself having coffee or beverage of choice on the front porch overlooking quiet street in a great neighborhood! Enter into large foyer in this colonial home and you can enter into Dining Room with hardwood floors, Spacious Living Room (used as second family room), Kitchen is gourmet high end with beautiful granite counter tops, gorgeous cherry cabinets and tile flooring with high end appliances... so perfect for entertaining! A huge family room offers two story ceiling height with beautiful stone gas fireplace and huge upgraded windows offering great natural light, overlooking double lot backyard. A large screened in patio off of family room leads to scenic backyard. Three bedrooms and wonderful master bathroom on second floor, large enough to be a bedroom, provides luxurious "take me away" spa feeling! Basement is unlike none you've been in! Magnificent spacious living space offers seating area, a second gas fireplace with magnificent stone walls and brick surround, carpeted and with a huge bar. There is another family room with second bar area and great for entertaining...your family will never want to leave the house! A game room, exercise room and half bath complete the basement layout offering over 2000 sq ft of additional living space. Seller said Tax Assessor will reassess taxes based on sale price (lower). With reduced price, house being sold AS IS. Inspections for informational purposes only. Seller will obtain CO.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Double, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace Features: Brick, Stone, Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Game Room, Family Room, Bedroom 1, Great Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 6530
  • Living Area Sq Ft: 6530
  • Net Sq Ft: 4474.00
  • Price Per Sq Ft: 92.76
  • Above Grade Finished Sq Ft: 4474
  • Below Grade Finished Sq Ft: 2056
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: AUDUBON PUBLIC SCHOOLS
  • High School: AUDUBON JR-SR
  • School District Key: 300200396982
  • High School: AUDUBON JR-SR

Lot Info

  • Improvement Assessed Value: 351000.00
  • Land Assessed Value: 132800.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.39
  • Lot Dimensions: 107X160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17056.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1770274
  • Tax Annual Amount: 16648.00
  • Assessor Parcel Number: 01-00108-00012
  • Tax Lot: 00012
  • Tax Year: 2017
  • Close Date: 03/09/2018

MLS Schools

  • School District Name: AUDUBON PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Myers Timothy M and Myers Nicole
Bought by
Morelli Carlo and Morelli Terry Marie
Current Estimated Value
$820,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,125
Outstanding Balance
$744,217
Interest Rate
6.83%
Mortgage Type
VA
Estimated Equity
$76,061

Purchase Details

Listed on
May 24, 2016
Closed on
Mar 9, 2018
Sold by
Dempsey Catherine A and Dempsey Michael
Bought by
Myers Timothy M and Myers Nicole
Seller's Agent
Kathleen Sullivan
Coldwell Banker Realty
Buyer's Agent
Heidi Welsh
Keller Williams Realty - Washington Township
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$391,991
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2009
Sold by
Crea Stephen and Crea Laurie
Bought by
Dempsey Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1997
Sold by
Leon Arthur J
Bought by
Crea Stephen and Crea Laurie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.86%
Mortgage Type
FHA
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
Morelli Carlo $825,000 National Integrity
Myers Timothy M $415,000 National Integrity Llc
Dempsey Catherine A $460,000 --
Crea Stephen $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Carlo $746,125
Previous Owner Myers Timothy M $46,483
Previous Owner Myers Timothy M $66,310
Previous Owner Mayers Timothy M $60,000
Previous Owner Myers Timothy M $391,991
Previous Owner Dempsey Catherine A $405,455
Previous Owner Dempsey Catherine A $424,297
Previous Owner Audubon Professional Building $800,000
Previous Owner Crea Stephen $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $415,000 0.0% $64 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $415,000 0.0% $64 / Sq Ft
09/19/2017 09/19/17 Off Market $415,000 -- --
08/31/2017 08/31/17 For Sale $415,000 0.0% $64 / Sq Ft
08/31/2017 08/31/17 Off Market $415,000 -- --
08/08/2017 08/08/17 Price Changed $415,000 -4.6% $64 / Sq Ft
06/26/2017 06/26/17 Price Changed $435,000 -3.3% $67 / Sq Ft
03/11/2017 03/11/17 Price Changed $450,000 -4.3% $69 / Sq Ft
11/11/2016 11/11/16 Price Changed $470,000 -2.1% $72 / Sq Ft
07/19/2016 07/19/16 Price Changed $479,900 -4.0% $73 / Sq Ft
05/24/2016 05/24/16 For Sale $499,900 -- $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 $19,531 $483,800 $132,800 $351,000
2024 $18,883 $483,800 $132,800 $351,000
2023 $18,883 $483,800 $132,800 $351,000
2022 $18,380 $483,800 $132,800 $351,000
2021 $17,615 $483,800 $132,800 $351,000
2020 $17,446 $483,800 $132,800 $351,000
2019 $17,214 $483,800 $132,800 $351,000
2018 $17,001 $483,800 $132,800 $351,000
2017 $16,648 $483,800 $132,800 $351,000
2016 $16,212 $483,800 $132,800 $351,000
2015 $15,685 $483,800 $132,800 $351,000
2014 $15,535 $483,800 $132,800 $351,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000342199

Bright MLS

APN: 01-00108-0000-00012