NOT LISTED FOR SALE

123 W Centennial Dr Medford, NJ 08055

Estimated Value: $791,000 - $1,383,000

5 Beds
3.5 Baths
4,212 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $850,000 $202 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,830/month

142 Days on Market

Highlights

  • Spa
  • Water Oriented
  • 1.32 Acre Lot
  • Haines Memorial 6th Grade Center Rated A-
  • Waterfront
  • Colonial Architecture

About This Home

As of December 2018

"Paradise in Medford" This luxurious 5 bedroom 3 1/2 bath 2 floor home built on Centennial Lake is a true dream-home in a tranquil community. Spanning over 4,200 sq. ft. Magnificent waterfront residence graced by wall to wall windows is a haven for gazing at Lake Centennial from multiple vantage points. This Frank Lloyd Wright inspired design with open wrought iron staircase, slate and hardwood floors draws you into a layout made for entertaining. The great room with windows overlooking the deck and lake is a dramatic focal point of main floor living. The rich mahogany wood wet bar is the perfect place to relax, listen to music, read a book or have a cocktail. Tremendous chefs kitchen with top of the line stainless steel appliances, custom cabinets, granite counter tops. The master bedroom suite presents luxury at its best. Large windows and french door open onto a deck overlooking the lake. Master bath jacuzzi tub and 2 hand painted porcelain sinks, 2 large walk in closets and dressing area with ample room. Upstairs has 4 additional bedrooms and 2 jack and jill full bathrooms. 2 very large storage area's in the floored attic space. Home also has custom remote control window treatments. Irrigation system. Alarm system. This home is a "MUST SEE".

Last Agent to Sell the Property

Murella Blatt

Weichert Realtors - Moorestown License #1430515 Listed on: 09/05/2017

Weichert Realtors - Moorestown

Last Buyer's Agent

Michael Hopper

Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,153

Year Built

  • Built in 1968

Lot Details

  • 1.32 Acre Lot
  • Waterfront
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,212 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Spa
  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Medford Township Memorial Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Centennial Lake Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 20-06206-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,153

Year Built

Built in 1968

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional
  • Ownership: Fee Simple
  • Exclusions: Bar Is Negotiable. Master Bedroom Wall Unit Is Negotiable.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1968
  • Remarks Public: "Paradise in Medford" This luxurious 5 bedroom 3 1/2 bath 2 floor home built on Centennial Lake is a true dream-home in a tranquil community. Spanning over 4,200 sq. ft. Magnificent waterfront residence graced by wall to wall windows is a haven for gazing at Lake Centennial from multiple vantage points. This Frank Lloyd Wright inspired design with open wrought iron staircase, slate and hardwood floors draws you into a layout made for entertaining. The great room with windows overlooking the deck and lake is a dramatic focal point of main floor living. The rich mahogany wood wet bar is the perfect place to relax, listen to music, read a book or have a cocktail. Tremendous chefs kitchen with top of the line stainless steel appliances, custom cabinets, granite counter tops. The master bedroom suite presents luxury at its best. Large windows and french door open onto a deck overlooking the lake. Master bath jacuzzi tub and 2 hand painted porcelain sinks, 2 large walk in closets and dressing area with ample room. Upstairs has 4 additional bedrooms and 2 jack and jill full bathrooms. 2 very large storage area's in the floored attic space. Home also has custom remote control window treatments. Irrigation system. Alarm system. This home is a "MUST SEE".
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Tile/Brick, Stone
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Skylight(s), Ceiling Fan(s), Whirlpool/Hottub, Sprinkler System, Water Treat System, Exposed Beams, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Living Room
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 4212
  • Living Area Sq Ft: 4212
  • Net Sq Ft: 4212.00
  • Price Per Sq Ft: 208.69
  • Above Grade Finished Sq Ft: 4212
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 123

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding, Stone
  • Access To Pool: No
  • Exterior Features: Hot Tub, Lawn Sprinkler, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Private
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MEDFORD TOWNSHIP PUBLIC SCHOOLS
  • Middle School: MEDFORD TOWNSHIP MEMORIAL
  • School District Key: 300200396871
  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Lot Features: Level, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 1.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 57499.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 19153.00
  • Assessor Parcel Number: 20-06206-00012
  • Tax Lot: 00012
  • Tax Year: 2018
  • Close Date: 12/14/2018

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Dec 26, 2018
Sold by
Ravitz Ronad
Bought by
Jones Anthony and Jones Loretta
Seller's Agent
Murella Blatt
Weichert Realtors - Moorestown
Buyer's Agent
Michael Hopper
Keller Williams Realty - Cherry Hill
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Current Estimated Value
$1,122,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,212
Avg. Annual Appreciation
4.20%
Original Mortgage
$453,150
Outstanding Balance
$293,364
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$828,848

Purchase Details

Closed on
Aug 1, 1996
Sold by
Ravitz Alexandra and Prudente Alexandra
Bought by
Ravitz Ronald
Source: Public Records

Range of Values:

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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
Jones Anthony $850,000 Historic Abstract
Ravitz Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Anthony $453,150
Previous Owner Ravitz Ronald $249,900
Previous Owner Ravitz Ronald $200,000
Previous Owner Ravitz Ronald $181,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $850,000 -3.3% $202 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
09/05/2017 09/05/17 For Sale $879,000 -- $209 / 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 $21,752 $612,900 $245,500 $367,400
2024 $20,336 $612,900 $245,500 $367,400
2023 $20,336 $612,900 $245,500 $367,400
2022 $19,919 $612,900 $245,500 $367,400
2021 $19,809 $612,900 $245,500 $367,400
2020 $19,686 $612,900 $245,500 $367,400
2019 $19,423 $612,900 $245,500 $367,400
2018 $19,153 $612,900 $245,500 $367,400
2017 $19,018 $612,900 $245,500 $367,400
2016 $18,951 $612,900 $245,500 $367,400
2015 $18,669 $612,900 $245,500 $367,400
2014 $18,099 $612,900 $245,500 $367,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000339633

Bright MLS

APN: 20-06206-0000-00012