NOT LISTED FOR SALE

537 Yale Ave Pitman, NJ 08071

Estimated Value: $525,000 - $579,000

4 Beds
2.5 Baths
2,866 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 09, 2021

Last sale price $300,000 $105 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,987/month

78 Days on Market

Highlights

  • Creek or Stream View
  • 2 Fireplaces
  • Enclosed patio or porch
  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2021

This is the home for you. A spacious and neutral 4 Bedroom, 2.5 Bath, Brick, Colonial -style home that is situated on a 0.45 of an acre lot in the lovely town of Pitman. This home has a two-car side entry garage, with lots of space for two vehicles and storage. As you enter through the covered entry into the Foyer you are greeted with slate flooring and a beautiful staircase. The foyer has two spacious closets on each side of the front door for your coats as well as your guest?s coats. The expansive Great Room/Living Room is situated on your left side as you enter and the formal dining room is on your right. The entire home has been painted with neutral color throughout and is waiting for you to move-in and decorate with your furnishings. The large Eat-in Kitchen features lots of custom cabinets for storage and a large counter-top for food preparation. All appliances are included as well as a bar-top area for your bar stools. In addition, there is a breakfast area for your table and chairs in front of a large window to enable you to view the tranquil back yard from the Kitchen. Connected to the kitchen is a spacious family room with a full wall brick fireplace and a French Door leading to the screened in patio. This patio is perfect for you to use for entertaining or possibly enjoy relaxing there when you are having a dinner at home, or playing a board game, reading or doing anything that you enjoy. (The entire open floor plan allows you to move from kitchen to family room to Great Room/Living Room or from Kitchen to Dining Room the other direction.) The first level also features in the Great Room a custom wet bar for entertaining and another area of the room with a 2nd brick fireplace and a wall of built-in shelving. The half-bath is also on this floor and a first floor Laundry Room. The Laundry Room is conveniently located for easy access to and from the garage. There is a has a utility tub and a dryer is included. As you walk up the staircase to the second floor, you will find four generous sized bedrooms & Two full baths, including a Primary Bedroom/Bathroom a walk-in closet and dressing area. The full basement provides additional storage space for now or perhaps you can finish it for additional entertainment space. You don't want to miss the backyard, where you can spend time relaxing & entertaining in a private setting. The home updates include (2019) French Drain installed with a transferable warranty. Also, (2019) a new roof was installed by a local roofer with a transferrable warranty. This home is conveniently located near shopping, dining, highways, hospitals, Uptown Pitman, Broadway Theater and so much more. Not a drive-by. Stop the car and make your appointment today!!!

Last Agent to Sell the Property

Eileen Pilone

BHHS Fox & Roach-Mullica Hill North License #9804693 Listed on: 11/05/2020

BHHS Fox & Roach-Mullica Hill North

Last Buyer's Agent

Christopher Valianti

RE/MAX Preferred - Mullica Hill

RE/MAX Preferred - Mullica Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,305

Year Built

  • Built in 1968

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 93.00 x 210.00

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 2,866 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Creek or Stream Views
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Location

  • Property is near a creek

Schools

  • W C K Walls Eslementary Elementary School
  • Pitman Middle School
  • Pitman High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 15-00224-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,305

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-11-11
  • Federal Flood Zone: No
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor, Dryer In Unit
  • Total Sq Ft: 2866
  • Living Area Sq Ft: 2866
  • Price Per Sq Ft: 120.38
  • Above Grade Finished Sq Ft: 2866
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 537

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: Exterior Lighting
  • View: Creek/Stream
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • Middle School: PITMAN M.S.
  • High School: PITMAN H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396141
  • School District Source: Listing Agent
  • Elementary School: W C K WALLS ESLEMENTARY SCHOOL
  • High School: PITMAN H.S.
  • Middle Or Junior School: PITMAN M.S.

Lot Info

  • Lot Size Acres: 0.45
  • Lot Dimensions: 93.00 x 210.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19530.00
  • Outdoor Living Structures: Enclosed, Patio(s)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11305.00
  • Assessor Parcel Number: 15-00224-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2866
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 03/09/2021

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 9, 2021
Sold by
Borreli Nancy and Estate Of John Borrell
Bought by
Solometo Louis D and Solometo Amanda S
Seller's Agent
Eileen Pilone
BHHS Fox & Roach-Mullica Hill North
Buyer's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%
Current Estimated Value
$555,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,615
Avg. Annual Appreciation
13.72%
Original Mortgage
$220,000
Outstanding Balance
$199,092
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$321,081

Purchase Details

Closed on
Jul 9, 2020
Sold by
Borrell Frank and Borrell Joseph
Bought by
Borrell John

Purchase Details

Closed on
May 1, 2018
Sold by
Borrell Frank J
Bought by
Borrell Frank J and Borrell Joseph
Source: Public Records

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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
Solometo Louis D $300,000 Old Republic Title
Borrell John -- None Listed On Document
Borrell Frank -- None Listed On Document
Borrell Frank J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solometo Amanda $25,000
Open Solometo Louis D $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $300,000 -13.0% $105 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/11/2020 12/11/20 Price Changed $345,000 -1.1% $120 / Sq Ft
12/04/2020 12/04/20 Price Changed $349,000 -3.0% $122 / Sq Ft
11/05/2020 11/05/20 For Sale $359,900 -- $126 / 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 $12,465 $385,200 $71,900 $313,300
2023 $12,465 $366,500 $71,900 $294,600
2022 $11,974 $366,500 $71,900 $294,600
2021 $8,617 $255,200 $67,400 $187,800
2020 $11,305 $255,200 $67,400 $187,800
2019 $11,040 $255,200 $67,400 $187,800
2018 $10,854 $255,200 $67,400 $187,800
2017 $10,718 $255,200 $67,400 $187,800
2016 $10,512 $255,200 $67,400 $187,800
2015 $10,228 $255,200 $67,400 $187,800
2014 $9,915 $255,200 $67,400 $187,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL266518

Bright MLS

APN: 15-00224-0000-00001