Seller's Agent in 2012
Jason Gareau
Long & Foster
(609) 929-4486
9 in this area
251 Total Sales
122 Willow Turn Mount Laurel, NJ 08054
Estimated Value: $294,835 - $463,000
--
Bed
--
Bath
2,204
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- No HOA
- 1 Car Attached Garage
- En-Suite Primary Bedroom
- Lenape High School Rated A-
- Parking Storage or Cabinetry
- Forced Air Heating and Cooling System
About This Home
As of November 2012Cash Flow Positive right out of the shoot. Great turn key investment in the Larchmont section of Mt. Laurel. Development is almost exclusively duplexes. Unit A has 2 bedrooms, 2 full baths rent is $925/mo.; unit B has 3 bedrooms, 2 full baths rents for $1,350/mo. Carpet & tile throughout, Laundry room w/washer & dryer in each unit. Both units have updated appliances. Landlord pays water/sewer, no HOA fees. Current owner is retiring. One tenant currently pays by direct deposit and both tenants have one year leases. Less then 5% vacancy since 2001. One of the best rental areas in Burlington Co., close to route 295, NJTP, Route 73, Shopping, Larchmont swimming pool and more! Each unit has a one car garage with electric door openers and ample off street parking. 2 other duplexes for sale in same development (see MLS # 6056029 & 6055984). Will consider selling individual units, call to ask for pricing. Call agent for first full year cash flow and ROI analysis.
Last Agent to Sell the Property
(609) 929-4486 jason@thejasongareauteam.com Long & Foster Real Estate, Inc. Listed on: 05/11/2012
Last Buyer's Agent
(609) 929-4486 jason@thejasongareauteam.com Long & Foster Real Estate, Inc. Listed on: 05/11/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,461
Year Built
- Built in 1978
Lot Details
- 6,536 Sq Ft Lot
- Lot Dimensions are 38x172
- Property is in good condition
Parking
- 1 Car Attached Garage
- 3 Open Parking Spaces
- Parking Storage or Cabinetry
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Pitched Roof
- Shingle Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- En-Suite Primary Bedroom
- 2,204 Sq Ft Home
- Wall to Wall Carpet
- Storage In Attic
- Laundry in unit
- Unfinished Basement
Schools
- Larchmont Elementary School
- Mount Laurel Hartford Middle School
Utilities
- Forced Air Heating and Cooling System
- Back Up Electric Heat Pump System
- Underground Utilities
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 00012
- Assessor Parcel Number 24-00303 01-00012
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $690
- Maintenance Expense $250
- Other Expense $114
- Operating Expense $7,967
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2012
Closed on
Nov 2, 2012
Sold by
Grobman Gilbert
Bought by
Canale Frank T
Seller's Agent
Jason Gareau
Long & Foster Real Estate, Inc.
Buyer's Agent
Jason Gareau
Long & Foster Real Estate, Inc.
List Price
$247,000
Sold Price
$231,500
Premium/Discount to List
-$15,500
-6.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,209
Avg. Annual Appreciation
4.50%
Purchase Details
Closed on
May 30, 2001
Sold by
Lessler Arthur L
Bought by
Grobman Gilbert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
7.08%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Canale Frank T | $231,500 | Infinity Title Agency Inc | |
| Grobman Gilbert | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grobman Gilbert | $114,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2012 11/14/12 | Sold | $231,500 | -6.3% | $105 / Sq Ft |
| 10/07/2012 10/07/12 | Pending | -- | -- | -- |
| 05/11/2012 05/11/12 | For Sale | $247,000 | -- | $112 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,702 | $180,600 | $40,300 | $140,300 |
| 2024 | $5,487 | $180,600 | $40,300 | $140,300 |
| 2023 | $5,487 | $180,600 | $40,300 | $140,300 |
| 2022 | $5,469 | $180,600 | $40,300 | $140,300 |
| 2021 | $5,366 | $180,600 | $40,300 | $140,300 |
| 2020 | $5,261 | $180,600 | $40,300 | $140,300 |
| 2019 | $5,207 | $180,600 | $40,300 | $140,300 |
| 2018 | $5,167 | $180,600 | $40,300 | $140,300 |
| 2017 | $5,033 | $180,600 | $40,300 | $140,300 |
| 2016 | $4,957 | $180,600 | $40,300 | $140,300 |
| 2015 | $4,900 | $180,600 | $40,300 | $140,300 |
| 2014 | $4,851 | $180,600 | $40,300 | $140,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Gareau
Map
Source: Bright MLS
MLS Number: 1003966982
APN: 24-00303-01-00012
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