NOT LISTED FOR SALE

518 Reeder Ave Bordentown, NJ 08505

Estimated Value: $555,000 - $615,000

4 Beds
2.5 Baths
2,193 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $400,000 $182 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,156/month

3 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • Den

About This Home

As of February 2021

In an age where we are spending so much time in & close to our homes, this is an awesome find in a great area. Bordentown is known as a little city with a lot of charm, popular for its sense of community, friendly atmosphere, history, fabulous restaurants, shops, art galleries, professional offices, season events and its location along the Delaware River . This BEAUTIFUL Victorian home is within walking distance to downtown or escape for some fresh air to take a walk along banks of the river. Impressive and inviting curb appeal from the moment you pull up with intricate gingerbread carvings, partially sided & partial cedar shakes (in newer, low maintenance vinyl) enhance the character while a spindled rail adorns the wrap around front porch and special little details are found, such as the elegant door knob. The interior further entices starting with the foyer entry boasting wood floors, natural finished wood staircase and gorgeous stained glass window. Boasting approx. 8.5ft ceilings throughout the first floor with recessed lighting gracing the ceilings, as well as several ceiling fans. The front room is perfect for use as a living room or great for a home office (easily closed off for privacy or the need for quiet). The great room/dining room runs the entire width of the home and is open concept. Massive family room with 5 recessed lights, hardwood flooring, to the left you will find a box bay with a beautiful 15 pane glass door accessing the side porch. Gracious dining room with exposed wood floors, 5 recessed lights + chandelier. Fantastic, open, light & bright kitchen makes preparing food a pleasure. Flooded with natural light, 6 recessed light fixtures, ceiling fan and offering an abundance of cabinetry & counter space. Featuring tiled floor, solid oak custom cabinetry with some decorative glass fronts and custom range hood dressed in oak above a stainless Thermador range/oven (note 1 burner is not operational) plus stainless dishwasher and refrigerator. 2nd staircase situated behind door is currently closed off. Convenient and roomy laundry/mud room includes washer & dryer, is situated of of the kitchen and provides access to the deck and rear yard. An updated powder room with leaded glass window rounds out the 1st floor. The delightful master suite offers a retreat complete with solid wood closet doors, oak hardwood flooring, ceiling fan and a wonderful master bathroom. The master bath was remodeled in 2016 and keeping with the history of the home, a claw foot tub was added. Raised height vanity cabinet with granite counter, raised vessel bowl sink, attractive mirror, dual scones & ceramic tiled floor. 3 additional, graciously sized bedrooms been updated and are found at the 2nd floor. Massive walk-up attic with 5 windows, partially floored, could be finished for additional living space!! Basement with access from kitchen features brick walls, height to stand, partial crawl space area, original (not used) well, quick recovery water heater, heater new in 2017. NOTE: Basement has an old well or possible underground tunnel (as per the previous owner) covered by a removable metal plate for safety. Massive deck at the rear yard leads to a great yard with plenty of room for family/friends! An approx. 20 x 10, 1 car detached garage with auto opener at the rear of the property can be accessed out back of the property. Other fine features include - NEW HEAT & A/C 2017; NEW PORCH ROOF 2020; 22 NEW WINDOWS installed in 2007. Great schools include Clara Barton Elementary (K-2), MacFarland Intermediate School (3rd-5th), Bordentown Regional Middle School (6-8) and Bordentown Regional High School (9-12). Awesome location with easy access to I-295, Rt. 206, Rt. 130,NJ Turnpike, NJ Transit River Line train, Trenton, New York, Philadelphia - for more info....(https://cityofbordentown.com/). Asbestos removed from basement Summer 2019 - see in documents section. See OPRA report in documents section.

Last Agent to Sell the Property

Kelly Manning-McKay

BHHS Fox & Roach-Mt Laurel License #8831024 Listed on: 12/11/2020

BHHS Fox & Roach-Mt Laurel

Co-Listed By

Brent Ward

BHHS Fox & Roach-Mt Laurel

Last Buyer's Agent

Michele Gore

Smires & Associates License #0902485

Smires & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,862

Year Built

  • Built in 1906

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 53 x 127.4
  • Back, Front, and Side Yard
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,193 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Attic Fan
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Clara Barton Elementary School
  • Macfarland Junior Middle School
  • Bordentown Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 03-00304-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,862

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Exclusions: Seller's personal property
  • Inclusions: Existing: dishwasher, exhaust fan in kitchen. All existing interior & exterior light fixtures & ceiling fans; attic fan; garage door opener. Also included in their "as is" condition: Existing Thermodor range/oven Washer, Dryer, Refrigerator, Curtai
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1906
  • Automatically Close On Close Date: Yes
  • Remarks Public: In an age where we are spending so much time in & close to our homes, this is an awesome find in a great area. Bordentown is known as a little city with a lot of charm, popular for its sense of community, friendly atmosphere, history, fabulous restaurants, shops, art galleries, professional offices, season events and its location along the Delaware River . This BEAUTIFUL Victorian home is within walking distance to downtown or escape for some fresh air to take a walk along banks of the river. Impressive and inviting curb appeal from the moment you pull up with intricate gingerbread carvings, partially sided & partial cedar shakes (in newer, low maintenance vinyl) enhance the character while a spindled rail adorns the wrap around front porch and special little details are found, such as the elegant door knob. The interior further entices starting with the foyer entry boasting wood floors, natural finished wood staircase and gorgeous stained glass window. Boasting approx. 8.5ft ceilings throughout the first floor with recessed lighting gracing the ceilings, as well as several ceiling fans. The front room is perfect for use as a living room or great for a home office (easily closed off for privacy or the need for quiet). The great room/dining room runs the entire width of the home and is open concept. Massive family room with 5 recessed lights, hardwood flooring, to the left you will find a box bay with a beautiful 15 pane glass door accessing the side porch. Gracious dining room with exposed wood floors, 5 recessed lights + chandelier. Fantastic, open, light & bright kitchen makes preparing food a pleasure. Flooded with natural light, 6 recessed light fixtures, ceiling fan and offering an abundance of cabinetry & counter space. Featuring tiled floor, solid oak custom cabinetry with some decorative glass fronts and custom range hood dressed in oak above a stainless Thermador range/oven (note 1 burner is not operational) plus stainless dishwasher and refrigerator. 2nd staircase situated behind door is currently closed off. Convenient and roomy laundry/mud room includes washer & dryer, is situated of of the kitchen and provides access to the deck and rear yard. An updated powder room with leaded glass window rounds out the 1st floor. The delightful master suite offers a retreat complete with solid wood closet doors, oak hardwood flooring, ceiling fan and a wonderful master bathroom. The master bath was remodeled in 2016 and keeping with the history of the home, a claw foot tub was added. Raised height vanity cabinet with granite counter, raised vessel bowl sink, attractive mirror, dual scones & ceramic tiled floor. 3 additional, graciously sized bedrooms been updated and are found at the 2nd floor. Massive walk-up attic with 5 windows, partially floored, could be finished for additional living space!! Basement with access from kitchen features brick walls, height to stand, partial crawl space area, original (not used) well, quick recovery water heater, heater new in 2017. NOTE: Basement has an old well or possible underground tunnel (as per the previous owner) covered by a removable metal plate for safety. Massive deck at the rear yard leads to a great yard with plenty of room for family/friends! An approx. 20 x 10, 1 car detached garage with auto opener at the rear of the property can be accessed out back of the property. Other fine features include - NEW HEAT & A/C 2017; NEW PORCH ROOF 2020; 22 NEW WINDOWS installed in 2007. Great schools include Clara Barton Elementary (K-2), MacFarland Intermediate School (3rd-5th), Bordentown Regional Middle School (6-8) and Bordentown Regional High School (9-12). Awesome location with easy access to I-295, Rt. 206, Rt. 130,NJ Turnpike, NJ Transit River Line train, Trenton, New York, Philadelphia - for more info....(https://cityofbordentown.com/). Asbestos removed from basement Summer 2019 - see in documents section. See OPRA report in documents section.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Stainless Steel Appliances, Stove
  • Flooring Type: Ceramic Tile, Carpet, Wood, Vinyl
  • Interior Amenities: Attic, Ceiling Fan(s), Attic/House Fan, Carpet, Primary Bath(s), Recessed Lighting, Tub Shower, Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Den, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 2193
  • Living Area Sq Ft: 2193
  • Price Per Sq Ft: 168.72
  • Above Grade Finished Sq Ft: 2193
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle, Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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
  • Association Recreation Fee: No

Schools

  • School District: BORDENTOWN REGIONAL SCHOOL DISTRICT
  • Elementary School: CLARA BARTON E.S.
  • Middle School: MACFARLAND JUNIOR SCHOOL
  • High School: BORDENTOWN REGIONAL H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396946
  • School District Source: Listing Agent
  • Elementary School: CLARA BARTON E.S.
  • High School: BORDENTOWN REGIONAL H.S.
  • Middle Or Junior School: MACFARLAND JUNIOR SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 226400.00
  • Land Assessed Value: 86100.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.16
  • Lot Dimensions: 53 x 127.4
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6969.60
  • Outdoor Living Structures: Porch(es), Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1597754
  • Tax Annual Amount: 10862.00
  • Assessor Parcel Number: 03-00304-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 2193
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/05/2021

MLS Schools

  • School District Name: BORDENTOWN REGIONAL SCHOOL DISTRICT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 25, 2021
Sold by
Byrne Nancy and Richardson Nancy
Bought by
Fortunato Robert J and Fortunato Kendall
Seller's Agent
Kelly Manning-McKay
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Michele Gore
Smires & Associates
List Price
$369,999
Sold Price
$400,000
Premium/Discount to List
$30,001
8.11%
Current Estimated Value
$586,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,738
Avg. Annual Appreciation
7.64%
Original Mortgage
$360,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Richardson Andrew
Bought by
Richardson Nancy

Purchase Details

Closed on
Jun 9, 2006
Sold by
Hofrichter Christopher and Gower Hofrichter Karen E
Bought by
Richardson Andrew and Richardson Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,500
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 1997
Sold by
Walton George K and Gregory Walton J
Bought by
Gower Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.88%

Purchase Details

Closed on
May 17, 1996
Sold by
Uslin Robert R and Uslin Linda C
Bought by
Walton Joseph G
Source: Public Records

Range of Values:

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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
Fortunato Robert J $400,000 Foundation Title Llc
Fortunato Robert J $400,000 Foundation Title
Richardson Nancy -- None Available
Richardson Andrew $417,000 Affiliated Title Of South Je
Gower Karen E $110,000 --
Walton Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortunato Robert J $360,000
Previous Owner Richardson Nancy $252,000
Previous Owner Richardson Nancy L $314,500
Previous Owner Richardson Nancy L $20,500
Previous Owner Richardson Andrew $333,600
Previous Owner Gower Karen E $256,750
Previous Owner Gower Karen E $86,000
Previous Owner Gower Karen E $21,500
Previous Owner Gower Karen E $35,000
Previous Owner Gower Karen E $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $400,000 0.0% $182 / Sq Ft
12/19/2020 12/19/20 Off Market $400,000 -- --
12/14/2020 12/14/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $369,999 -- $169 / 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 $11,506 $312,500 $86,100 $226,400
2024 $11,034 $312,500 $86,100 $226,400
2023 $11,034 $312,500 $86,100 $226,400
2022 $10,653 $312,500 $86,100 $226,400
2021 $10,781 $312,500 $86,100 $226,400
2020 $10,863 $312,500 $86,100 $226,400
2019 $10,988 $312,500 $86,100 $226,400
2018 $10,825 $312,500 $86,100 $226,400
2017 $10,509 $312,500 $86,100 $226,400
2016 $10,409 $312,500 $86,100 $226,400
2015 $10,334 $312,500 $86,100 $226,400
2014 $9,841 $312,500 $86,100 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL388004

Bright MLS

APN: 03-00304-0000-00008