$183,000
SOLD SEP 10, 2013

71 S Locust Ave Salem, NJ 08079

3 Beds
1.5 Baths
1,440 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$127 Per Sq Ft

8% Below List Price

82 Days on Market

Highlights

  • Water Oriented
  • Colonial Architecture
  • Stream or River on Lot
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of October 2018

Your Door to "Life on the Delaware" with all it's spectacular beauty and charm. This exceptional cottage is completely refurbished. Newer heating, air, septic and bulkhead. It boast original wide board hardwood floors beautifully redone throughout.The new kitchen is bright, efficient and very nicely appointed. Downstairs bedroom can be an office/den since the back wall houses a murphy bed.The whole cottage is tastefully decorated and furnishings are included. A lovely wrap around covered porch with a section set up like a pagoda cafe. Very welcoming, as is the whole outside setting. A perfect time. Come check out this gem on the water.

Last Agent to Sell the Property

Maryann Pedrick

Century 21 Town & Country Realty - Woodstown License #456542 Listed on: 05/18/2013

Century 21 Town & Country Realty - Woodstown

Last Buyer's Agent

Gina Alliegro

American Dream Realty of South Jersey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x121
  • Waterfront
  • Level Lot
  • Back and Front Yard
  • Property is in good condition

Parking

  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room
  • Wood Flooring
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Deck
  • Shed
  • Porch

Schools

  • Salem High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004 09
  • Assessor Parcel Number 04-00019-00004 09

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,003

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Stove, Refrig, Washer, Dryer, Furnishings And Window Treatments.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Water Treat System, Exposed Beams
  • Fireplace: No
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Master Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Net Sq Ft: 1440.00
  • Price Per Sq Ft: 138.19
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Roof: Pitched, Metal
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Electric, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: SALEM CITY SCHOOLS
  • High School: SALEM
  • School District Key: 300200396391
  • High School: SALEM

Lot Info

  • Improvement Assessed Value: 76000.00
  • Land Assessed Value: 99800.00
  • Lot Features: Level, Front Yard, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50X121
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2194544
  • Tax Annual Amount: 4003.00
  • Assessor Parcel Number: 04-00019-00004 09
  • Tax Lot: 00004 09
  • Tax Year: 2012
  • Close Date: 09/10/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Aug 30, 2013
Sold by
Jedlick William
Bought by
Maxwell John Thomas
Seller's Agent
Maryann Pedrick
Century 21 Town & Country Realty - Woodstown
Buyer's Agent
Gina Alliegro
American Dream Realty of South Jersey
List Price
$199,000
Sold Price
$183,000
Premium/Discount to List
-$16,000
-8.04%
Current Estimated Value
$281,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,253
Avg. Annual Appreciation
3.80%
Original Mortgage
$186,734
Outstanding Balance
$141,552
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,786

Purchase Details

Closed on
Oct 8, 2008
Sold by
Paul Mary Anne and Richmond Wm
Bought by
Jedlick William
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 Type Sale Price Title Company
Bargain Sale Deed $183,000 Salem Oak Title Agency
Deed $174,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,734 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $182,500 -6.6% $127 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $195,500 0.0% $136 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
11/21/2017 11/21/17 Price Changed $195,500 -2.0% $136 / Sq Ft
09/10/2017 09/10/17 For Sale $199,500 +9.0% $139 / Sq Ft
09/10/2013 09/10/13 Sold $183,000 -8.0% $127 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $199,000 -- $138 / 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 $5,198 $175,800 $99,800 $76,000
2023 $5,198 $175,800 $99,800 $76,000
2022 $5,068 $175,800 $99,800 $76,000
2021 $4,891 $175,800 $99,800 $76,000
2020 $4,961 $175,800 $99,800 $76,000
2019 $4,891 $175,800 $99,800 $76,000
2018 $4,776 $175,800 $99,800 $76,000
2017 $4,680 $175,800 $99,800 $76,000
2016 $4,509 $175,800 $99,800 $76,000
2015 $4,258 $175,800 $99,800 $76,000
2014 $4,119 $175,800 $99,800 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003454540

Bright MLS

APN: 04-00019-0000-00004-09