NOT LISTED FOR SALE

11 Summit Ct Marlton, NJ 08053

Estimated Value: $278,000 - $286,287

2 Beds
2 Baths
1,112 Sq Ft
$254/mo HOA Fee

Last Sold August 30, 2021

Last sale price $196,000 $176 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,166/month

5 Days on Market

Highlights

  • Penthouse
  • Colonial Architecture
  • Clubhouse
  • Cherokee High School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of August 2021

***MULTIPLE OFFERS- HIGHEST AND BEST REQUESTED BY 8PM ON THURSDAY 7/15***
Welcome Home! This is the one you've been waiting for! Beautifully updated 2nd floor Loft unit with cathedral ceilings, new floors throughout and a gorgeous new kitchen with butcher block countertops, oversized deep sink and all new stainless steel appliances! The first floor features a contemporary open floor plan in the living area with a soaring ceiling, beautiful flooring, open dining area and kitchen and sliding glass door access to an oversized covered deck with an attached storage closet. Large master bedroom has plenty of windows for lots of natural light and a walk in closet. Its connected full bathroom has been beautifully upgraded with new mirror, lighting, flooring and vanity. Brand new stacked washer/dryer is also located on the main level. Walk up the newly carpeted spiral staircase to the second level loft which is the second bedroom that has its own full bath that has been completed remodeled with upgraded floors, new shower, vanity, lighting and barn door. You can access the second floor balcony through glass sliders and this level also has a ton of storage in the back room with additional crawl space to store even more items. This may be a condo but there is no lack of storage space here! Total pride of ownership shines through and the current owner has made this a gorgeous place to call home. Kings Grant neighborhood is one of the most desirable places to live with its numerous amenities such as lake, pool, tennis, basketball, volleyball courts, beach, clubhouse, playground, walking trails, dog park, elementary school and it even has its own shopping center that offers convenience to just about anything you can need. This home will not last in this market so make your appointment to tour it today!

Last Agent to Sell the Property

Julie Early

(609) 760-6903 jearly115@gmail.com Keller Williams Realty - Moorestown Listed on: 07/11/2021

Keller Williams Realty - Moorestown

Last Buyer's Agent

Carolyn Fulginiti

(856) 424-7758 bestnewjerseyrealtor@gmail.com Weichert Realtors-Cherry Hill

Weichert Realtors-Cherry Hill

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1987

Lot Details

  • 479

HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,112 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 13-00051 57-00001-C0227

Community Details

Overview

  • Association fees include all ground fee, exterior building maintenance, snow removal, trash, common area maintenance
  • Low-Rise Condominium
  • Oak Hollow Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,565

Year Built

Built in 1987

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Exclusions: Personal property, shower curtain, window curtains
  • Inclusions: All existing appliances and fixtures, tv mounts, curtain hardware
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-11
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1112
  • Living Area Sq Ft: 1112
  • Price Per Sq Ft: 157.37
  • Above Grade Finished Sq Ft: 1112
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • 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, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 225.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Lake, Jog/Walk Path, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Ext Bldg Maint, Snow Removal, Trash, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 109300.00
  • Land Assessed Value: 45000.00
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: RD-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1647336
  • Tax Annual Amount: 4565.00
  • Assessor Parcel Number: 13-00051 57-00001-C0227
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: EVESHAM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 30, 2021
Sold by
Young Michele
Bought by
Nielsen Heather and Norulak Christopher
Seller's Agent
Julie Early
Keller Williams Realty - Moorestown
Buyer's Agent
Carolyn Fulginiti
Weichert Realtors-Cherry Hill
List Price
$175,000
Sold Price
$196,000
Premium/Discount to List
$21,000
12%
Current Estimated Value
$280,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,822
Avg. Annual Appreciation
8.87%
Original Mortgage
$176,700
Outstanding Balance
$160,784
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,038

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 20, 2021
Sold by
Young Michele
Bought by
Nielsen Heather and Norulak Christopher
Seller's Agent
Julie Early
Keller Williams Realty - Moorestown
Buyer's Agent
Carolyn Fulginiti
Weichert Realtors-Cherry Hill
List Price
$175,000
Sold Price
$196,000
Premium/Discount to List
$21,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Outstanding Balance
$160,784
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,038

Purchase Details

Listed on
Sep 28, 2019
Closed on
Dec 4, 2019
Sold by
Bennett John J
Bought by
Young Michele
Seller's Agent
Steve Smith
Keller Williams Realty - Medford
Buyer's Agent
Julie Early
Keller Williams Realty - Moorestown
List Price
$140,000
Sold Price
$139,000
Premium/Discount to List
-$1,000
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%
Original Mortgage
$132,050
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 1987
Bought by
Bennett John J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nielsen Heather $190,500 Fidelity National Title
Nielsen Heather $190,500 Fidelity National Ttl Ins Co
Young Michele $139,000 Core Title
Bennett John J $68,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Heather $176,700
Closed Nielsen Heather $176,700
Previous Owner Young Michele $132,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2021 08/30/21 Sold $196,000 +12.0% $176 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/11/2021 07/11/21 For Sale $175,000 +25.9% $157 / Sq Ft
11/15/2019 11/15/19 Sold $139,000 -0.7% $125 / Sq Ft View Prior Sale
10/01/2019 10/01/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $140,000 -- $126 / 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 $5,269 $154,300 $45,000 $109,300
2024 $4,958 $154,300 $45,000 $109,300
2023 $4,958 $154,300 $45,000 $109,300
2022 $4,735 $154,300 $45,000 $109,300
2021 $4,297 $154,300 $45,000 $109,300
2020 $4,564 $154,300 $45,000 $109,300
2019 $4,527 $154,300 $45,000 $109,300
2018 $4,464 $154,300 $45,000 $109,300
2017 $4,411 $154,300 $45,000 $109,300
2016 $4,303 $154,300 $45,000 $109,300
2015 $4,228 $154,300 $45,000 $109,300
2014 $4,107 $154,300 $45,000 $109,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL2002286

Bright MLS

APN: 13-00051-57-00001-0000-C0227