NOT LISTED FOR SALE

11 Inverness Cir Marlton, NJ 08053

Estimated Value: $262,000 - $281,000

2 Beds
2 Baths
1,112 Sq Ft
$243/mo HOA Fee

Last Sold June 19, 2020

Last sale price $151,000 $136 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,055/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Tennis Courts
  • Cherokee High School Rated A-
  • Community Pool
  • Skylights

About This Home

As of June 2020

Upper level condo with cathedral ceiling facing the woods . Hardwood floors throughout living area. Dining area with 2 new skylights for maximum light. Large master bedroom with walk-in closet. Galley kitchen with large pantry. Private deck off dining area facing the trees .

Last Agent to Sell the Property

James Borst

(856) 296-8765 jamesborst596@yahoo.com Pat McKenna Realtors Listed on: 04/17/2020

Last Buyer's Agent

Laura Smith

(609) 273-8276 lsmith499@comcast.net RE/MAX Preferred - Cherry Hill

RE/MAX Preferred - Cherry Hill

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 1991

Lot Details

  • 348

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Dining Area
  • Carpet
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Richard L. Rice Elementary School
  • Marlt. Mdl Middle School
  • Cherokee High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 100 Amp Service
  • No Septic System

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 13-00051 62-00001-C0011

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, snow removal, trash
  • 12 Units
  • Kgma HOA, Phone Number (856) 983-6719
  • Low-Rise Condominium
  • Inverness Green Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,814

Year Built

Built in 1991

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1991
  • Remarks Public: Upper level condo with cathedral ceiling facing the woods . Hardwood floors throughout living area. Dining area with 2 new skylights for maximum light. Large master bedroom with walk-in closet. Galley kitchen with large pantry. Private deck off dining area facing the trees .
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Galley, Skylight(s)
  • Fireplace: No
  • Levels Count: Other
  • Basement: No
  • Total Sq Ft: 1112
  • Living Area Sq Ft: 1112
  • Price Per Sq Ft: 134.89
  • Above Grade Finished Sq Ft: 1112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • Roof: Shingle
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 243.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Snow Removal, Trash
  • HOA Name: KGMA
  • HOA Phone: 856 983-6719
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: LENAPE REGIONAL HIGH
  • Elementary School: RICHARD L. RICE SCHOOL
  • Middle School: MARLT. MDL
  • High School: CHEROKEE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397294
  • School District Source: Listing Agent
  • Elementary School: RICHARD L. RICE SCHOOL
  • High School: CHEROKEE
  • Middle Or Junior School: MARLT. MDL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 80000.00
  • Land Assessed Value: 50000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2019
  • Zoning: RD-1

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1647518
  • Tax Annual Amount: 3814.00
  • Assessor Parcel Number: 13-00051 62-00001-C0011
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/19/2020

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jun 16, 2020
Sold by
Borst Joseph E
Bought by
Knaust Alec R
Seller's Agent
James Borst
Pat McKenna Realtors
Buyer's Agent
Laura Smith
RE/MAX Preferred - Cherry Hill
List Price
$160,000
Sold Price
$151,000
Premium/Discount to List
-$9,000
-5.62%
Current Estimated Value
$272,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,077
Avg. Annual Appreciation
11.63%
Original Mortgage
$143,450
Outstanding Balance
$127,718
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$141,325

Purchase Details

Closed on
Aug 30, 2005
Sold by
C&B Investors Llc
Bought by
Borst Joseph E and Borst Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.92%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 16, 2005
Sold by
Line Sherri
Bought by
C & B Investors Llc
Source: Public Records

Range of Values:

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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
Knaust Alec R $151,000 National Title Agency
Borst Joseph E $192,000 Fidelity National Title
C & B Investors Llc $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knaust Alec R $143,450
Previous Owner Borst Joseph E $172,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $151,000 +0.7% $136 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $150,000 -6.3% $135 / Sq Ft
04/17/2020 04/17/20 For Sale $160,000 0.0% $144 / Sq Ft
08/08/2014 08/08/14 Rented $1,250 +4.2% --
07/21/2014 07/21/14 Under Contract -- -- --
07/21/2014 07/21/14 For Rent $1,200 -- --
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 $4,440 $130,000 $50,000 $80,000
2024 $4,177 $130,000 $50,000 $80,000
2023 $4,177 $130,000 $50,000 $80,000
2022 $3,990 $130,000 $50,000 $80,000
2021 $3,896 $130,000 $50,000 $80,000
2020 $3,845 $130,000 $50,000 $80,000
2019 $3,814 $130,000 $50,000 $80,000
2018 $3,761 $130,000 $50,000 $80,000
2017 $3,717 $130,000 $50,000 $80,000
2016 $3,626 $130,000 $50,000 $80,000
2015 $3,562 $130,000 $50,000 $80,000
2014 $3,461 $130,000 $50,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL370966

Bright MLS

APN: 13-00051-62-00001-0000-C0011