NOT LISTED FOR SALE

540 Otto Ave Beverly, NJ 08010

Estimated Value: $368,000 - $418,125

3 Beds
1.5 Baths
1,520 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $335,000 $220 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,873/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of May 2022

Welcome to 540 Otto Ave! This wonderful, open concept 3 bedroom, one and a half bath side by split will knock your socks off! Renovations include a gorgeous new kitchen styled just the way you would choose with all the best white and grey choices and large island with seating. Beautiful flooring flows throughout the downstairs. New full and half baths look just perfect too! House has been sided, soffits redone in vinyl, new windows installed, new concrete driveway and patio poured, recessed lights added and a solid HVAC system and newer roof were already in place. Close to the school and major routes and very close to a Riverline stop for an easy commute to Trenton or Camden (which can also get you to Philly.) This house also has a freshly painted basement! Make your appointment right away.

Last Agent to Sell the Property

Keri Ricci

Keller Williams Realty - Cherry Hill Listed on: 03/04/2022

Co-Listed By

Eliza Babcock

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Usman Shaikh

RE/MAX Unlimited License #446626

RE/MAX Unlimited

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1964 | Remodeled in 2022

Lot Details

  • 9,360 Sq Ft Lot
  • Lot Dimensions are 72.00 x 130.00
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Split Level Home
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Six Panel Doors
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Basement

  • Laundry in Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Burlington City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Williamsburg Subdivision

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 12-00708-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,500

Year Built

Built in 1964 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • Inclusions: Kitchen appliances, light fixtures
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2022-03-04
  • Year Built: 1964
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 540 Otto Ave! This wonderful, open concept 3 bedroom, one and a half bath side by split will knock your socks off! Renovations include a gorgeous new kitchen styled just the way you would choose with all the best white and grey choices and large island with seating. Beautiful flooring flows throughout the downstairs. New full and half baths look just perfect too! House has been sided, soffits redone in vinyl, new windows installed, new concrete driveway and patio poured, recessed lights added and a solid HVAC system and newer roof were already in place. Close to the school and major routes and very close to a Riverline stop for an easy commute to Trenton or Camden (which can also get you to Philly.) This house also has a freshly painted basement! Make your appointment right away.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Oven - Wall, Refrigerator, Oven/Range - Gas, Built-In Microwave
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Floor Plan - Open, Kitchen - Island, Recessed Lighting, Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 197.30
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS
  • High School: BURLINGTON CITY H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396949
  • School District Source: Listing Agent
  • High School: BURLINGTON CITY H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127000.00
  • Land Assessed Value: 66100.00
  • Lot Size Acres: 0.21
  • Lot Dimensions: 72.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9360.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1632019
  • Tax Annual Amount: 6500.00
  • Assessor Parcel Number: 12-00708-00002
  • Tax Lot: 00002
  • Tax Total Finished Sq Ft: 1520
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 05/09/2022

MLS Schools

  • School District Name: EDGEWATER PARK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 6, 2022
Sold by
Fractal Investments Llc
Bought by
Fingal Simone and Davila Arnaldo
Seller's Agent
Keri Ricci
Keller Williams Realty - Cherry Hill
Buyer's Agent
Usman Shaikh
RE/MAX Unlimited
List Price
$299,900
Sold Price
$335,000
Premium/Discount to List
$35,100
11.7%
Current Estimated Value
$402,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,531
Avg. Annual Appreciation
5.65%
Original Mortgage
$323,819
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 10, 2021
Sold by
Albano Barbara and Albano Lisa
Bought by
Fractal Investments Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Keri Ricci
Keller Williams Realty - Cherry Hill
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.55%
Original Mortgage
$185,100
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Fingal Simone $335,000 Kosylo John D
Fingal Simone $335,000 Kosylo John D
Fractal Investments Llc $175,000 Core Title
Fractal Investments Llc $175,000 Core Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fingal Simone $5,513
Previous Owner Fingal Simone $323,819
Previous Owner Fractal Investments Llc $185,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $335,000 +11.7% $220 / Sq Ft
04/19/2022 04/19/22 Price Changed $299,900 0.0% $197 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $299,900 +71.4% $197 / Sq Ft
09/20/2021 09/20/21 For Sale $175,000 0.0% $115 / Sq Ft
09/15/2021 09/15/21 Sold $175,000 -- $115 / Sq Ft
07/09/2021 07/09/21 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 $8,737 $252,000 $66,100 $185,900
2024 $8,646 $252,000 $66,100 $185,900
2023 $8,646 $252,000 $66,100 $185,900
2022 $6,606 $193,100 $66,100 $127,000
2021 $6,142 $193,100 $66,100 $127,000
2020 $6,289 $193,100 $66,100 $127,000
2019 $6,126 $199,100 $72,100 $127,000
2018 $5,991 $199,100 $72,100 $127,000
2017 $5,877 $199,100 $72,100 $127,000
2016 $5,549 $199,100 $72,100 $127,000
2015 $5,346 $199,100 $72,100 $127,000
2014 $5,057 $199,100 $72,100 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2016984

Bright MLS

APN: 12-00708-0000-00002