NOT LISTED FOR SALE

103 Kramer Ct Florence, NJ 08518

Estimated Value: $316,000 - $353,000

2 Beds
2 Baths
1,216 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $228,000 $188 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,491/month

57 Days on Market

Highlights

  • New Construction
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • Community Playground
  • Dining Room

About This Home

As of May 2020

FOR SALE TO INVESTORS - will come with a rental lease. This brand new construction END UNIT - LUXURY stacked town home has 2 beds 2 baths, Car garage & driveway space plus ample street parking( Unmarked).Introducing Forge Mill by builder of the year Lennar, an exciting new luxury Town home community of 80 homes in Florence Township, New Jersey. Features elegant finishes, open floor plan, inspired kitchen with granite counter top, laminated flooring in kitchen, high end GE Profile SS appliances throughout, upgraded cabinets. AMAZON smart home features include RING VIDEO, SMART LOCK, THERMOSTAT and Wi Fi repeaters.Community is conveniently located between 3 major highways 295, NJTPKE & 130.Welcome home to charming Florence!GREAT INVESTMENT OPPORTUNITY TO OWN A NEW CONSTRUCTION TOWN HOME WITH A RENTAL LEASE.

Last Agent to Sell the Property

Suneel Sharad

(732) 822-7909 sunnysharad@aol.com BHHS Fox & Roach - Princeton Listed on: 02/16/2020

BHHS Fox & Roach - Princeton

Last Buyer's Agent

Suneel Sharad

(732) 822-7909 sunnysharad@aol.com BHHS Fox & Roach - Princeton Listed on: 02/16/2020

BHHS Fox & Roach - Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Riverfront Elementary And Middle School
  • Florence Township Memorial High School

Utilities

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

Community Details

Overview

  • $1,000 Capital Contribution Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn care rear, lawn care side, lawn care front, management, recreation facility, snow removal
  • Forge Mills Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,493

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$244 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Condominium
  • Inclusions: Washer, Dryer & Refrigerator
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1216
  • Living Area Sq Ft: 1216
  • Price Per Sq Ft: 205.51
  • Above Grade Finished Sq Ft: 1216
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Concrete, Brick
  • Construction Completed: Yes
  • Spa: No
  • 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: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 244.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Rear, Lawn Care Side, Lawn Care Front, Management, Recreation Facility, Snow Removal
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1000.00

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RIVERFRONT SCHOOL
  • High School: FLORENCE TOWNSHIP MEMORIAL
  • Middle Or Junior School: RIVERFRONT SCHOOL

Lot Info

  • Zoning: RES

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5493.00
  • Assessor Parcel Number: 0000
  • Tax Year: 2019

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2023
Sold by
Patel Bakul and Patel Rupal
Bought by
Nair Sreeni and Nair Jaya
Current Estimated Value
$337,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$226,082
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$111,550

Purchase Details

Closed on
Oct 25, 2019
Sold by
Us Home Corporation
Bought by
Varma Ajay M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nair Sreeni $310,000 Foundation Title
Nair Sreeni $310,000 Foundation Title
Varma Ajay M $194,950 Calatlantic Title Northern
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nair Sreeni $232,500
Closed Nair Sreeni $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2020 05/13/20 Sold $228,000 +12224.3% $188 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/01/2020 04/01/20 Rented $1,850 0.0% --
03/23/2020 03/23/20 Under Contract -- -- --
03/02/2020 03/02/20 Price Changed $1,850 0.0% $2 / Sq Ft
02/16/2020 02/16/20 For Sale $249,900 0.0% $206 / Sq Ft
02/15/2020 02/15/20 For Rent $1,875 -- --
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 $5,741 $206,000 $55,000 $151,000
2024 $5,496 $206,000 $55,000 $151,000
2023 $5,496 $206,000 $55,000 $151,000
2022 $5,379 $206,000 $55,000 $151,000
2021 $5,331 $206,000 $55,000 $151,000
2020 $516 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL366954

Bright MLS

APN: 15 00165- 11-00001-0000-C0068