NOT LISTED FOR SALE

518 Essex St Gloucester City, NJ 08030

Estimated Value: $238,818 - $276,000

3 Beds
4 Baths
2,538 Sq Ft
$102/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $127,000 $50 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,788/month

Highlights

  • Traditional Architecture
  • 2 Car Detached Garage
  • 90% Forced Air Heating and Cooling System
  • No HOA

About This Home

As of March 2020

This home is located at 518 Essex St, Gloucester City, NJ 08030 since 18 February 2020 and is currently estimated at $257,705, approximately $101 per square foot. This property was built in 1900. 518 Essex St is a home located in Camden County with nearby schools including Cold Springs School, Gloucester City Middle School, and Gloucester City Junior/Senior High School.

Last Agent to Sell the Property

Cecily Cao

(856) 318-2966 cecily.cao@remax.net RE/MAX Preferred - Cherry Hill License #RS320084 Listed on: 02/18/2020

RE/MAX Preferred - Cherry Hill

Last Buyer's Agent

Cecily Cao

(856) 318-2966 cecily.cao@remax.net RE/MAX Preferred - Cherry Hill License #RS320084 Listed on: 02/18/2020

RE/MAX Preferred - Cherry Hill

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,534

Year Built

  • Built in 1900

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Parking

  • 2 Car Detached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,538 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00009 02
  • Assessor Parcel Number 14-00192-00009 02

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,534

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2538
  • Living Area Sq Ft: 2538
  • Price Per Sq Ft: 50.83
  • Above Grade Finished Sq Ft: 2538
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89400.00
  • Land Assessed Value: 13500.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1854010
  • Tax Annual Amount: 4534.00
  • Assessor Parcel Number: 14-00192-00009 02
  • Tax Lot: 00009 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: GLOUCESTER CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 30, 2020
Sold by
Zhang Xue Yu and Ren Shan Jin
Bought by
Mosley Justin D
Seller's Agent
Cecily Cao
RE/MAX Preferred - Cherry Hill
Buyer's Agent
Cecily Cao
RE/MAX Preferred - Cherry Hill
List Price
$129,000
Sold Price
$127,000
Premium/Discount to List
-$2,000
-1.55%
Current Estimated Value
$257,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,705
Avg. Annual Appreciation
13.37%
Original Mortgage
$123,982
Outstanding Balance
$110,040
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$147,665

Purchase Details

Closed on
Aug 28, 2006
Sold by
Patterson Michael J
Bought by
Zhang Xue Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.71%

Purchase Details

Closed on
Jul 9, 1997
Sold by
Michel Firmin
Bought by
Patterson Michael J and Patterson Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.86%
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
Mosley Justin D $127,000 Title Evolution Llc
Zhang Xue Yu $145,000 --
Patterson Michael J $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mosley Justin D $123,982
Previous Owner Zhang Xue Yu $100,000
Previous Owner Patterson Michael J $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $127,000 -1.6% $50 / Sq Ft
02/18/2020 02/18/20 For Sale $129,000 -- $51 / Sq Ft
02/16/2020 02/16/20 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 $5,158 $102,900 $13,500 $89,400
2024 $5,149 $102,900 $13,500 $89,400
2023 $5,149 $102,900 $13,500 $89,400
2022 $4,841 $102,900 $13,500 $89,400
2021 $4,793 $102,900 $13,500 $89,400
2020 $4,628 $102,900 $13,500 $89,400
2019 $4,534 $102,900 $13,500 $89,400
2018 $4,445 $102,900 $13,500 $89,400
2017 $4,354 $102,900 $13,500 $89,400
2016 $4,189 $102,900 $13,500 $89,400
2015 $3,772 $102,900 $13,500 $89,400
2014 $1,889 $36,000 $9,600 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD387464

Bright MLS

APN: 14-00192-0000-00009-02