NOT LISTED FOR SALE

109 Chaucer Rd Mount Laurel, NJ 08054

Outlying Mount Laurel Township Neighborhood

Estimated Value: $337,788 - $447,000

-- Bed
-- Bath
2,416 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $221,000 $91 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,719/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Air
  • Lenape High School Rated A-
  • 2 Car Attached Garage
  • Electric Baseboard Heater

About This Home

As of April 2020

Investor alert!!!! Here is your opportunity to purchase a tenant occupied duplex in Lenape School District. Both units have contracts with tenants and will bring cashflow immediately. If you are just starting out, or looking to expand your portfolio then you need to jump on these properties. One unit is 3 bed / 2.5 bath and the other is 2 bed / 1.5 bath. There is a two car garage that is split between the units. Tenant pays all utilities except water and sewer. Act fast before it's too late.

Last Agent to Sell the Property

Jeremy Hall

Keller Williams Realty - Moorestown License #1645450 Listed on: 03/06/2020

Keller Williams Realty - Moorestown

Last Buyer's Agent

Stephen Clyde

Your Home Sold Guaranteed, Nancy Kowalik Group License #337965

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 39.00 x 125.00
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Front Facing Garage
  • Driveway

Home Design

  • 2,416 Sq Ft Home
  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 24-00303 03-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,480

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1980
  • Remarks Public: Investor alert!!!! Here is your opportunity to purchase a tenant occupied duplex in Lenape School District. Both units have contracts with tenants and will bring cashflow immediately. If you are just starting out, or looking to expand your portfolio then you need to jump on these properties. One unit is 3 bed / 2.5 bath and the other is 2 bed / 1.5 bath. There is a two car garage that is split between the units. Tenant pays all utilities except water and sewer. Act fast before it's too late.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2416
  • Living Area Sq Ft: 2416
  • Price Per Sq Ft: 88.99
  • Above Grade Finished Sq Ft: 2416
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 109

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LENAPE REGIONAL HIGH
  • School District Key: 300200397294
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 150100.00
  • Land Assessed Value: 40000.00
  • Lot Dimensions: 39.00 x 125.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Existing Lease Type: Yearly
  • Total Actual Rent: 30000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1696632
  • Tax Annual Amount: 5480.00
  • Assessor Parcel Number: 24-00303 03-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2416
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/15/2020

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 15, 2020
Sold by
Sherman Phillip A and Sherman Irene L
Bought by
Gudipati Srinivasa
Seller's Agent
Jeremy Hall
Keller Williams Realty - Moorestown
Buyer's Agent
Stephen Clyde
Your Home Sold Guaranteed, Nancy Kowalik Group
List Price
$215,000
Sold Price
$221,000
Premium/Discount to List
$6,000
2.79%
Current Estimated Value
$405,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,197
Avg. Annual Appreciation
12.15%
Original Mortgage
$165,750
Outstanding Balance
$148,157
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$255,796

Purchase Details

Closed on
Dec 22, 2003
Sold by
Sherman Florence
Bought by
Stanley M Sherman Family Trust and The Sherman Living Trust

Purchase Details

Closed on
Nov 14, 1995
Sold by
Sherman Stanley M and Sherman Florence
Bought by
Sherman Stanley M and Sherman Florence
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
Gudipati Srinivasa $221,000 Core Title
Stanley M Sherman Family Trust -- --
Sherman Stanley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudipati Srinivasa $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $221,000 +2.8% $91 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $215,000 -- $89 / 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
2024 $5,775 $190,100 $40,000 $150,100
2023 $5,775 $190,100 $40,000 $150,100
2022 $5,756 $190,100 $40,000 $150,100
2021 $5,648 $190,100 $40,000 $150,100
2020 $5,538 $190,100 $40,000 $150,100
2019 $5,481 $190,100 $40,000 $150,100
2018 $5,439 $190,100 $40,000 $150,100
2017 $5,298 $190,100 $40,000 $150,100
2016 $5,218 $190,100 $40,000 $150,100
2015 $5,157 $190,100 $40,000 $150,100
2014 $5,106 $190,100 $40,000 $150,100
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Hall

    Seller's Agent in 2020

    Jeremy Hall

    Keller Williams Realty - Moorestown

    (609) 432-6434

    9 Total Sales

    Jeremy Hall
    Section Image
  • Stephen Clyde

    Buyer's Agent in 2020

    Stephen Clyde

    Your Home Sold Guaranteed, Nancy Kowalik Group

    (609) 868-2114

    1 in this area

    145 Total Sales

    Stephen Clyde
    Section Image
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Map

Source: Bright MLS

MLS Number: NJBL368712

Bright MLS

APN: 24-00303-03-00014

New Jersey Burlington County Mount Laurel 08054 Outlying Mount Laurel Township

109 Chaucer Rd, Mount Laurel, NJ

This home is located at 109 Chaucer Rd, Mount Laurel, NJ 08054 since 06 March 2020 and is currently estimated at $405,197, approximately $167 per square foot. This property was built in 1980. 109 Chaucer Rd is a home located in Burlington County with nearby schools including Larchmont Elementary School, Mount Laurel Hartford School, and T.E. Harrington Middle School.

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