NOT LISTED FOR SALE

127 N Monroe Ave Cherry Hill, NJ 08002

Estimated Value: $525,000 - $644,000

7 Beds
3.5 Baths
3,600 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $370,000 $103 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,236/month

48 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Wood Burning Stove
  • Thomas Paine Elementary School Rated A-
  • Deck
  • Contemporary Architecture

About This Home

As of July 2019

BACK ON THE MARKET!! Buyer's financing fell through. If you ever wondered what was at the end of the yellow brick road, this is it!! Even with the amount of curb appeal this home has with the fresh roses, beautiful green lawn, and sprinkler system to make the upkeep seem effortless, just when you think it cant get much better, welcome to one of the rarest homes you can find in this area. This is the open concept that is made for entertaining. Do you want to know what it feels like to have 30 people in a room and still be able to breathe? Brazilian teak floors, wood burning insert fireplace surrounded with brick, and just on the other side, the perfect sitting area accompanied by a gas fireplace, which flows perfectly into the updated kitchen. Upstairs features four of the seven spacious bedrooms, including the master bedroom with a brand-new bathroom. If youre looking for the perfect in-law suite or party area, look no further. Fully finished basement featuring another gas fireplace surrounded with beautiful stone, full kitchen featuring stainless steel appliances, full bathroom featuring a huge walk-in stone shower, urinal, and its own separate washer and dryer. When walking around I forgot I was even in the basement. Also, the separate entrance makes this living area easily accessible without bothering anyone above. Homes like this at this price point dont last, so the question is, what are you waiting for?

Last Listed By

Kyle Erhard

Keller Williams Realty - Marlton Listed on: 05/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,739

Year Built

  • Built in 1970

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 117.00 x 115.00
  • Sprinkler System
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Brick Fireplace
  • Gas Fireplace
  • Bay Window
  • Sliding Doors
  • Six Panel Doors
  • Dining Area
  • Attic

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Dual Flush Toilets

Laundry

  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Storm Doors
  • Fire Sprinkler System
  • Flood Lights

Accessible Home Design

  • Garage doors are at least 85 inches wide
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Thomas Paine Elementary School
  • Carusi Middle School
  • Cherry Hill High - West

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cherry Valley Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00002
  • Assessor Parcel Number 09-00319 01-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,739

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: 2+ Access Exits, >84" Garage Door, Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: All appliances, washers and dryers, hot tub. Furniture is negotiable. Swing set as is.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1970
  • Remarks Public: BACK ON THE MARKET!! Buyer's financing fell through. If you ever wondered what was at the end of the yellow brick road, this is it!! Even with the amount of curb appeal this home has with the fresh roses, beautiful green lawn, and sprinkler system to make the upkeep seem effortless, just when you think it cant get much better, welcome to one of the rarest homes you can find in this area. This is the open concept that is made for entertaining. Do you want to know what it feels like to have 30 people in a room and still be able to breathe? Brazilian teak floors, wood burning insert fireplace surrounded with brick, and just on the other side, the perfect sitting area accompanied by a gas fireplace, which flows perfectly into the updated kitchen. Upstairs features four of the seven spacious bedrooms, including the master bedroom with a brand-new bathroom. If youre looking for the perfect in-law suite or party area, look no further. Fully finished basement featuring another gas fireplace surrounded with beautiful stone, full kitchen featuring stainless steel appliances, full bathroom featuring a huge walk-in stone shower, urinal, and its own separate washer and dryer. When walking around I forgot I was even in the basement. Also, the separate entrance makes this living area easily accessible without bothering anyone above. Homes like this at this price point dont last, so the question is, what are you waiting for?
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Dual Flush Toilets, Microwave, Oven - Wall, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Carpet, Laminated
  • Interior Amenities: 2nd Kitchen, Attic, Breakfast Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Dining Area, Exposed Beams, Floor Plan - Open, Kitchen - Island, Laundry Chute, Primary Bath(s), Recessed Lighting, Sprinkler System, Stove - Wood, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane, Brick, Insert, Wood
  • Fireplaces Count: 3
  • Door Features: Sliding Glass, Storm, Six Panel
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Outside Entrance, Rear Entrance, Windows, Daylight, Partial
  • Laundry Type: Lower Floor, Main Floor
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 3600
  • Price Per Sq Ft: 156.25
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Flood Lights, Lawn Sprinkler, Sidewalks
  • Roof: Shingle
  • Spa: No
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage Door Opener, Inside Access, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas, Wood
  • Heating Type: Baseboard - Hot Water, Wood Burn Stove
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: THOMAS PAINE
  • Middle School: CARUSI
  • High School: CHERRY HILL HIGH - WEST
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396971
  • School District Source: Listing Agent
  • Elementary School: THOMAS PAINE
  • High School: CHERRY HILL HIGH - WEST
  • Middle Or Junior School: CARUSI

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 182300.00
  • Land Assessed Value: 59000.00
  • Lot Size Acres: 0.31
  • Lot Dimensions: 117.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13455.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2018
  • Zoning: R

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1820519
  • Tax Annual Amount: 9739.00
  • Assessor Parcel Number: 09-00319 01-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 07/22/2019

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jul 22, 2019
Sold by
Hansen David and Hansen Kristin
Bought by
Bailey Jennifer M
Seller's Agent
Kyle Erhard
Keller Williams Realty - Marlton
Buyer's Agent
Carolyn Fulginiti
Weichert Realtors-Cherry Hill
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
48
Current Estimated Value
$580,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,670
Avg. Annual Appreciation
8.26%
Original Mortgage
$296,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2017
Sold by
Erchard Steven J and Erchard Diane W
Bought by
Avenue Maonroe and Hill Cherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 1994
Sold by
Finl Investments Inc
Bought by
Erhard Steven and Erhard Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.51%

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
Bailey Jennifer M $370,000 None Available
Avenue Maonroe $205,000 Foundation Title Llc
Erhard Steven $142,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Jennifer M $298,000
Closed Bailey Jennifer M $296,000
Previous Owner Avenue Maonroe $194,750
Previous Owner Erhard Steven $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $370,000 -1.3% $103 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $375,000 0.0% $104 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $375,000 -- $104 / 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 $12,198 $290,300 $59,000 $231,300
2023 $12,198 $290,300 $59,000 $231,300
2022 $11,862 $290,300 $59,000 $231,300
2021 $11,899 $290,300 $59,000 $231,300
2020 $11,754 $290,300 $59,000 $231,300
2019 $9,765 $241,300 $59,000 $182,300
2018 $9,739 $241,300 $59,000 $182,300
2017 $9,606 $241,300 $59,000 $182,300
2016 $9,478 $241,300 $59,000 $182,300
2015 $9,329 $241,300 $59,000 $182,300
2014 $9,225 $241,300 $59,000 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD364846

Bright MLS

APN: 09-00319-01-00002