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614 Chestnut Street

614 Chestnut Street, Palmyra, NJ 08065
Property in Burlington
Sold Jan 28, 2016
$149,000
$146,301 by Phh Home Loans Llc
Mortgage Due Nov 01, 2045
Sold Mar 04, 2015
Transfer
Local assessors in Palmyra, NJ have categorized 614 Chestnut Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 6,247 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 614 Chestnut Street has a total of 1,068 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. 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, 614 Chestnut Street sold most recently in Oct 14, 2015 for a total of $149,000. If you work out the math, that's approximately a cost of $139.51 per sqft. 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 $6,478 in taxes each year. 614 Chestnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $156,700. If we break it down further, the land itself was valued at $58,800. Improvements to the property, however, were assessed at a total of $97,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Building Style

Cape Cod
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: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,247
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLIVER DAVID
  • Previous Owner : GOSHEN MORTGAGE REO LLC
  • Owner Before Previous Owner: IANNUZZI ROCHELLE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palmyra Borough School District
  • Census Tract: 700102

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 27
  • Parcel: 27 00030-0000-00008- 02
  • Block: 30
  • Lot: 8.02
  • Municipality: PALMYRA BORO
  • Latitude: 40.0008
  • Longitude: -75.0243

    Address

  • Full Address: 614 Chestnut St
  • Address - House Number: 614
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Palmyra
  • Carrier Code: C005
  • 4-Digit Zip Code: 2505
  • Zip Code: 08065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,478

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 72
  • Final Value: 289,535
  • High Value: 348,587
  • Low Value: 230,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,301
  • First Open Lien Mortgage Lender: PHH HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jan 28, 2016
  • First Open Lien Mortgage Loan Amount: $146,301
  • 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: Nov 01, 2045

    Market Valuation

  • Market Total Value: $156,700
  • Market Land Value: $58,800
  • Market Improvement Value: $97,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,700
  • Assessed Land Value: $58,800
  • Assessed Improvements Value: $97,900

    Sales

  • Current Sale Contract Date: Oct 14, 2015
  • Current Sale Recording Date: Jan 28, 2016
  • Current Sale Transaction ID: 1931296053
  • Current Sale Price: $149,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Jan 06, 2015
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: PHH HOME LOANS LLC
  • First Mortgage Transaction Date: Jan 28, 2016
  • First Mortgage Loan Amount: $146,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2045

About Palmyra



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Frequently Asked Questions

What neighborhood is 614 Chestnut Street located in?
The 614 Chestnut Street is a located in the neighborhood of Burlington in Palmyra, Palmyra.
What is the average sales price for listings in 614 Chestnut Street?
The average sales price for units in 614 Chestnut Street is $0 currently.

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