NOT LISTED FOR SALE

525 Elm Ave Pitman, NJ 08071

Estimated Value: $555,000 - $737,000

4 Beds
5 Baths
2,908 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $385,000 $132 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,669/month

32 Days on Market

Highlights

  • Second Kitchen
  • 0.75 Acre Lot
  • Wood Burning Stove
  • Cabana
  • Colonial Architecture
  • Attic

About This Home

As of July 2020

Wait until you see this Incredible property in Pitman! Custom built 4 Bed 3 full and 2 half bath home on .75 acres with in-ground salt water pool, Heated and cooled 5 car garage with car Lift and 1 bedroom In-Law suite above. Awesome pool cabana with Bar and wood stove for the chilly nights. 10k Owned Solar System included to save big on electric.. Fenced in yard with electric driveway gate. Huge Master bedroom with cath ceilings and walk in closet. Game room with custom bar and pool table(stays). Basement with finished office.Beautiful maple kitchen with granite counters and large eating area and separate breakfast nook. Great home for the contractors or car enthusiast or anyone looking for a vacation at home . Located in the great Boro of Pitman now with plenty of restaurants and breweries up town and conveniently located for easy commuting to philly/Cherry hill /Wilmington

Last Listed By

Brent Grigsby

OMNI Real Estate Professionals Listed on: 05/11/2020

OMNI Real Estate Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,107

Year Built

  • Built in 1940

Lot Details

  • 0.75 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Additional Land
  • 75x150
  • Property is in good condition

Parking

  • 5 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,908 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Stove
  • Family Room Off Kitchen
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Flood Lights
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar owned by seller

Pool

  • Cabana
  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Office or Studio
  • Outbuilding

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • 150 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 15-00211-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,107

Year Built

Built in 1940

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: personal property Hot tub patio furniture Neg
  • Home Warranty: No
  • Inclusions: All Existing Appliances 10k Solar System Pool Equipment 1 shed Garage Lift and Air Compressor Additional building lot #527 Elm included with taxes $2288
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1940
  • Remarks Public: Wait until you see this Incredible property in Pitman! Custom built 4 Bed 3 full and 2 half bath home on .75 acres with in-ground salt water pool, Heated and cooled 5 car garage with car Lift and 1 bedroom In-Law suite above. Awesome pool cabana with Bar and wood stove for the chilly nights. 10k Owned Solar System included to save big on electric.. Fenced in yard with electric driveway gate. Huge Master bedroom with cath ceilings and walk in closet. Game room with custom bar and pool table(stays). Basement with finished office.Beautiful maple kitchen with granite counters and large eating area and separate breakfast nook. Great home for the contractors or car enthusiast or anyone looking for a vacation at home . Located in the great Boro of Pitman now with plenty of restaurants and breweries up town and conveniently located for easy commuting to philly/Cherry hill /Wilmington
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Trash Compactor, Washer
  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: 2nd Kitchen, Attic, Bar, Carpet, Ceiling Fan(s), Exposed Beams, Family Room Off Kitchen, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Skylight(s), Wet/Dry Bar, Stove - Wood
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2908
  • Living Area Sq Ft: 2908
  • Price Per Sq Ft: 137.55
  • Above Grade Finished Sq Ft: 2908
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Cabana/Pool House, Office/Studio, Garage(s)
  • Construction Materials: Stucco
  • Exterior Features: Exterior Lighting, Flood Lights, Outbuilding(s), Street Lights
  • Pool Features: In Ground, Saltwater
  • Roof: Architectural Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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

  • Additional Parcels: Yes
  • Additional Parcels Description: 75x150
  • Fencing: Fully
  • Improvement Assessed Value: 261100.00
  • Land Assessed Value: 65000.00
  • Lot Features: Additional Lot(s), Corner
  • Lot Size Acres: 0.75
  • Lot Dimensions: 145.00 x 150.00 plus 75x150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32670.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RES

Green Features

  • Green Power: Pv Solar Array(s) Owned
  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2026657
  • Tax Annual Amount: 14107.00
  • Assessor Parcel Number: 15-00211-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 2908
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/24/2020

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 23, 2020
Sold by
Hahn Thomas C and Hahn Melissa M
Bought by
Cloherty Melissa and Cloherty John
Seller's Agent
Brent Grigsby
OMNI Real Estate Professionals
Buyer's Agent
Kelly Cancglin
BHHS Fox & Roach-Mullica Hill South
List Price
$445,000
Sold Price
$385,000
Premium/Discount to List
-$60,000
-13.48%
Total Days on Market
32
Current Estimated Value
$640,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,291
Avg. Annual Appreciation
11.20%
Original Mortgage
$308,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Capelli Michael and Capelli Joann M
Bought by
Hahn Thomas C and Hahn Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
4.25%
Mortgage Type
FHA

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
Cloherty Melissa $385,000 Trident Land Transfer Co Nj
Hahn Thomas C $345,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cloherty Melissa $308,000
Previous Owner Hahn Thomas C $323,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $385,000 -3.8% $132 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $400,000 -10.1% $138 / Sq Ft
05/11/2020 05/11/20 For Sale $445,000 -- $153 / 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
2024 $13,424 $394,700 $74,900 $319,800
2023 $13,424 $394,700 $74,900 $319,800
2022 $12,895 $394,700 $74,900 $319,800
2021 $14,619 $326,100 $65,000 $261,100
2020 $14,446 $326,100 $65,000 $261,100
2019 $14,107 $326,100 $65,000 $261,100
2018 $13,869 $326,100 $65,000 $261,100
2017 $13,696 $326,100 $65,000 $261,100
2016 $13,432 $326,100 $65,000 $261,100
2015 $13,070 $326,100 $65,000 $261,100
2014 $12,669 $326,100 $65,000 $261,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL258390

Bright MLS

APN: 15-00211-0000-00002