NOT LISTED FOR SALE

107 B Cherry Parke Cherry Hill, NJ 08002

Estimated Value: $147,000 - $154,000

2 Beds
1 Bath
944 Sq Ft
$465/mo HOA Fee

Last Sold January 27, 2023

Last sale price $115,000 $122 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,416/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Community Pool

About This Home

As of January 2023

What a buy! Owner was in the process of prepping for a new tenant, but has decided to sell instead! Freshly painted from head to toe, this super desirable 1st floor condo needs very little for a landlord to rent, or for an owner to move right in. Although the bedrooms need new carpet, both are decent sized and have large closets. This unit has wood floors throughout so instead of carpet, the floors can easily be refinished! Being sold as-is, where is, but comps close to $150k and rents going for $1800-$2200/month, this is a no brainer no matter how you look at it.

Last Agent to Sell the Property

Kevin Ciccone

(856) 352-4045 sharonwoodsrealtor@gmail.com Real Broker, LLC License #rs329768 Listed on: 12/31/2022

Real Broker, LLC

Last Buyer's Agent

Kevin Ciccone

(856) 352-4045 sharonwoodsrealtor@gmail.com Real Broker, LLC License #rs329768 Listed on: 12/31/2022

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1950

Lot Details

  • 4.91

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 944 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 09-00395 08-00001-C107B

Community Details

Overview

  • Association fees include water, heat, common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • Cherry Parke Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,883

Year Built

Built in 1950

Lot Details

4.91 Acres

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 944
  • Living Area Sq Ft: 944
  • Price Per Sq Ft: 105.83
  • Above Grade Finished Sq Ft: 944
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 465.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Heat, Common Area Maintenance, Ext Bldg Maint
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 36100.00
  • Land Assessed Value: 10000.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RES

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1826158
  • Tax Annual Amount: 1883.00
  • Assessor Parcel Number: 09-00395 08-00001-C107B
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2022
Closed on
Jan 24, 2023
Sold by
Vilord Thomas and Vilord Victoria
Bought by
B & M Real Estate Llc
Seller's Agent
Kevin Ciccone
Real Broker, LLC
Buyer's Agent
Kevin Ciccone
Real Broker, LLC
List Price
$99,900
Sold Price
$115,000
Premium/Discount to List
$15,100
15.12%
Views
179
Current Estimated Value
$151,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,430
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Magann Joan F
Bought by
Vilord Thomas and Vilord Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.07%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Magann Joan
Bought by
Disimone Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
B & M Real Estate Llc $115,000 Federation Title Agency Inc
B & M Real Estate Llc $115,000 Federation Title Agency Inc
Vilord Thomas $101,000 --
Disimone Catherine $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vilord Thomas $80,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $115,000 +15.1% $122 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $99,900 -- $106 / Sq Ft
Source: Bright MLS

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 $2,056 $46,100 $10,000 $36,100
2024 $1,937 $46,100 $10,000 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2040146

Bright MLS

APN: 09-00395-08-00001-0000-C107B

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