NOT LISTED FOR SALE

1021 Salem Rd Cherry Hill, NJ 08034

Estimated Value: $490,536 - $520,000

4 Beds
1.5 Baths
1,825 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $365,000 $200 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,449/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Breakfast Room
  • Traditional Floor Plan
  • No HOA
  • 1 Car Direct Access Garage

About This Home

As of July 2021

This wonderfully updated home in the Kresson Woods neighborhood of Cherry Hill is one not be missed! From the moment you pull up to the home you notice the love and care that has gone into it. The fabulous gardens that surround the house will provide blooming colors throughout the spring and summer months! Enter into the house and notice the fresh paint and newly refinished hardwood floors throughout. The large living room is bright and cheery and flows seamlessly into the dining room. Here you can picture entertaining large groups of family and friends. The white kitchen is one that everyone dreams of now with beautiful white quartz counter tops! There is plenty of counter space for prepping with a peninsula/breakfast bar and a separate eating area large enough for a big table for everyday meals. This room is wide open to the family room, which will no doubt be the place you spend most of your time. This large room has a gas fireplace with a new insert and space for everyone to gather and watch TV or play games. There is also a door to the back patio and yard. Also on this level is a half bath and laundry room. The inside access to the garage is here as well. Upstairs you will find four large bedrooms and one full bath. All of the rooms have nice sized closets. The basement has high ceilings and is large, clean and dry, and begging to be finished. This would make the perfect play space, exercise room or additional family room. The backyard is a gardener's dream with many different flower beds. There is also plenty of play space for kids and dogs to run around. Location is the key with this beauty and it is just steps away from the Elementary School, Parks, and close to major highways making it a convenient location for Philly and Jersey Shore commuters.

Last Agent to Sell the Property

Bonnie Walter

(609) 706-9750 bonniewalter@kw.com Keller Williams Realty - Cherry Hill License #RS337964 Listed on: 05/13/2021

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Brian Dowell

(609) 560-2828 briandowell5@gmail.com Compass New Jersey, LLC - Haddon Township

Compass New Jersey, LLC - Haddon Township

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1965

Parking

  • 1 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,825 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Drainage System
  • Sump Pump

Schools

  • James Johnson Elementary School
  • Beck Middle School
  • Cherry Hill High - East

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Windows
  • Lot Dimensions are 111.00 x 130.00

Community Details

  • No Home Owners Association
  • Kresson Woods Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 09-00433 08-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,894

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-13
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Wood Floors
  • Window Features: Energy Efficient, Replacement
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Breakfast Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Drainage System, Sump Pump, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1825
  • Living Area Sq Ft: 1825
  • Price Per Sq Ft: 183.01
  • Above Grade Finished Sq Ft: 1825
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JAMES JOHNSON E.S.
  • High School: CHERRY HILL HIGH - EAST
  • Middle Or Junior School: BECK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 146600.00
  • Land Assessed Value: 72900.00
  • Lot Dimensions: 111.00 x 130.00
  • Lot Size Units: Square Feet
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1829316
  • Tax Annual Amount: 8894.00
  • Assessor Parcel Number: 09-00433 08-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 30, 2021
Sold by
Foltz Patricia Ann
Bought by
Kugel Richard and Engelmann Stephanie
Seller's Agent
Bonnie Walter
Keller Williams Realty - Cherry Hill
Buyer's Agent
Brian Dowell
Compass New Jersey, LLC - Haddon Township
List Price
$334,000
Sold Price
$365,000
Premium/Discount to List
$31,000
9.28%
Current Estimated Value
$503,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,134
Avg. Annual Appreciation
7.84%
Original Mortgage
$354,050
Outstanding Balance
$321,941
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,193

Purchase Details

Closed on
May 1, 2017
Sold by
Rusenak Bestsy Jane
Bought by
Foltz Patricia Ann
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
Kugel Richard $365,000 Surety Title Company
Foltz Patricia Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kugel Richard $354,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $365,000 +9.3% $200 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $334,000 -- $183 / 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 $9,788 $219,500 $72,900 $151,700
2024 $9,223 $219,500 $72,900 $146,600
2023 $9,223 $219,500 $72,900 $146,600
2022 $8,969 $219,500 $72,900 $146,600
2021 $8,997 $219,500 $72,900 $146,600
2020 $8,888 $219,500 $72,900 $146,600
2019 $8,883 $219,500 $72,900 $146,600
2018 $8,859 $219,500 $72,900 $146,600
2017 $8,738 $219,500 $72,900 $146,600
2016 $8,622 $219,500 $72,900 $146,600
2015 $8,236 $219,500 $72,900 $146,600
2014 $8,141 $219,500 $72,900 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD419520

Bright MLS

APN: 09-00433-08-00007