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497 Center Street

497 Center Street, Phillipsburg, NJ 08865
Property in Warren
Sold Jul 05, 2022
$221,000
$216,997 by Mlb Residential Lending Llc
Mortgage Due Jul 01, 2052
Sold Dec 30, 2021
$135,000
$150,000 by Joel Markel
Mortgage
497 Center Street has been categorized by the local assessors in Phillipsburg, NJ as a residential type of property. The building on the property was first built in 1940 and is 84 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 497 Center Street has 1,732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,505 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with other control joints. The exterior walls of the building are made of stucco. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 497 Center Street sold most recently in Jun 30, 2022 for a total of $221,000. If you work out the math, that's approximately a cost of $127.60 per sqft. Before that, the property was also sold for $135,000 in Nov 22, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,741 in taxes each year. 497 Center Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $138,400. If we break it down further, the land itself was valued at $35,900. Improvements to the property, however, were assessed at a total of $102,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,505
  • Total Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.333
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHARLES MILCA
  • Previous Owner : THOMAS FAMILY TRUST
  • Owner Before Previous Owner: CARR WILLIAM H
  • Owner Before Previous Owner 2: CARR COLLEEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Phillipsburg Town School District
  • Census Tract: 030800

Zoning

  • Zoning: B-2

Geography

  • Assessors Map Reference: TAX MAP 16
  • Account Number: 07001510
  • District: 19
  • Parcel: 19 01603-0000-00010
  • Block: 1603
  • Lot: 10
  • Municipality: PHILLIPSBURG TOWN
  • Latitude: 40.6894
  • Longitude: -75.1738

    Address

  • Full Address: 497 Center St
  • Address - House Number: 497
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Phillipsburg
  • Carrier Code: C011
  • 4-Digit Zip Code: 2601
  • Zip Code: 08865

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,741

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 305,463
  • High Value: 375,299
  • Low Value: 235,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,997
  • First Open Lien Mortgage Lender: MLB RESIDENTIAL LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 05, 2022
  • First Open Lien Mortgage Loan Amount: $216,997
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $138,400
  • Market Land Value: $35,900
  • Market Improvement Value: $102,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,400
  • Assessed Land Value: $35,900
  • Assessed Improvements Value: $102,500

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Transaction ID: 11891392953
  • Current Sale Price: $221,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 578509
  • Previous Sale Recording Date: Dec 30, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MLB RESIDENTIAL LENDING LLC
  • First Mortgage Transaction Date: Jul 05, 2022
  • First Mortgage Loan Amount: $216,997
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JOEL MARKEL
  • Previous Mortgage Transaction Date: Dec 30, 2021
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Phillipsburg



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Frequently Asked Questions

What neighborhood is 497 Center Street located in?
The 497 Center Street is a located in the neighborhood of Warren in Phillipsburg, Phillipsburg.
What is the average sales price for listings in 497 Center Street?
The average sales price for units in 497 Center Street is $0 currently.

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