NOT LISTED FOR SALE

701 Garfield Ave Palmyra, NJ 08065

Estimated Value: $374,000 - $458,000

3 Beds
2 Baths
2,143 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $192,000 $90 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,876/month

Highlights

  • Deck
  • 2-minute walk to Palmyra
  • No HOA
  • Dutch Architecture
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of November 2018

A unique opportunity to own this single-family home with a 2nd floor in-law suite with a private entrance on the 2nd floor. The downstairs side entrance opens to an expansive 14 x 14 Sunroom wall unit AC. Leads to spacious eat-in kitchen featuring a double sink and wall oven. Current bedroom uses could also make additional living room and/or dining area. This can be configured anyway the prospective buyer desires. Front porch offers additional adequate living space as needed. Full unfinished basement with a walk out exit. The 2nd floor private entrance is on the left side of Garfield Avenue. Offers a full eat-in kitchen, living space and separate bedroom. Wonderful corner fenced in property with plenty of room in the rear yard for BBQ's or family gatherings.

Last Agent to Sell the Property

Marc Petitt

(856) 524-5958 marcpetitt@comcast.net RE/MAX ONE Realty-Moorestown Listed on: 07/20/2018

RE/MAX ONE Realty-Moorestown

Last Buyer's Agent

Marc Petitt

(856) 524-5958 marcpetitt@comcast.net RE/MAX ONE Realty-Moorestown Listed on: 07/20/2018

RE/MAX ONE Realty-Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,531

Year Built

  • Built in 1920

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Dutch Architecture
  • Aluminum Siding

Interior Spaces

  • 2,143 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Eat-In Kitchen

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 27-00016-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,531

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer & Refrigerator & Blinds All In "As-Is" Condition.
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: A unique opportunity to own this single-family home with a 2nd floor in-law suite with a private entrance on the 2nd floor. The downstairs side entrance opens to an expansive 14 x 14 Sunroom wall unit AC. Leads to spacious eat-in kitchen featuring a double sink and wall oven. Current bedroom uses could also make additional living room and/or dining area. This can be configured anyway the prospective buyer desires. Front porch offers additional adequate living space as needed. Full unfinished basement with a walk out exit. The 2nd floor private entrance is on the left side of Garfield Avenue. Offers a full eat-in kitchen, living space and separate bedroom. Wonderful corner fenced in property with plenty of room in the rear yard for BBQ's or family gatherings.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 2143
  • Living Area Sq Ft: 2143
  • Net Sq Ft: 2143.00
  • Price Per Sq Ft: 93.28
  • Above Grade Finished Sq Ft: 2143
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Oil
  • Heating Type: Oil
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PALMYRA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396966

Lot Info

  • Improvement Assessed Value: 134500.00
  • Land Assessed Value: 65000.00
  • Lot Features: Corner
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1713188
  • Tax Annual Amount: 7531.00
  • Assessor Parcel Number: 27-00016-00001
  • Tax Lot: 00001
  • Tax Year: 2017
  • Close Date: 11/20/2018

MLS Schools

  • School District Name: PALMYRA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Nov 21, 2018
Sold by
Estate Of Brian M Minnix
Bought by
Hyatt Blair
Seller's Agent
Marc Petitt
RE/MAX ONE Realty-Moorestown
Buyer's Agent
Marc Petitt
RE/MAX ONE Realty-Moorestown
List Price
$199,900
Sold Price
$192,000
Premium/Discount to List
-$7,900
-3.95%
Current Estimated Value
$406,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,832
Avg. Annual Appreciation
11.55%
Original Mortgage
$188,522
Outstanding Balance
$167,248
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$239,584

Purchase Details

Closed on
Feb 27, 2006
Sold by
Minnix Karen
Bought by
Minnix Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2003
Sold by
Minnix Karen and Willey Ulysses S
Bought by
Minnix Karen
Source: Public Records

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
Hyatt Blair $192,000 Group 21 Title Agency
Minnix Brian M $175,000 Group 21 Title Agency
Minnix Karen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyatt Blair $188,522
Previous Owner Minnix Brian M $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $192,000 -4.0% $90 / Sq Ft
07/20/2018 07/20/18 For Sale $199,900 -- $93 / 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 $8,626 $199,500 $65,000 $134,500
2024 $8,447 $199,500 $65,000 $134,500
2023 $8,447 $199,500 $65,000 $134,500
2022 $8,247 $199,500 $65,000 $134,500
2021 $7,960 $199,500 $65,000 $134,500
2020 $7,990 $199,500 $65,000 $134,500
2019 $7,739 $199,500 $65,000 $134,500
2018 $7,629 $199,500 $65,000 $134,500
2017 $7,531 $199,500 $65,000 $134,500
2016 $7,384 $199,500 $65,000 $134,500
2015 $7,278 $199,500 $65,000 $134,500
2014 $6,957 $199,500 $65,000 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002078226

Bright MLS

APN: 27-00016-0000-00001