NOT LISTED FOR SALE

127 W Centennial Dr Medford, NJ 08055

Estimated Value: $661,000 - $1,537,105

5 Beds
3.5 Baths
5,444 Sq Ft
$220/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $1,500,000 $276 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $8,080/month

2 Days on Market

Highlights

  • 150 Feet of Waterfront
  • 1 Boat Dock
  • 1.5 Acre Lot
  • Haines Memorial 6th Grade Center Rated A-
  • Panoramic View
  • Colonial Architecture

About This Home

As of June 2024

Breathtaking views of the most sought after lake in Medford! Enjoy the panoramic scenery from every angle as you meander through this custom built 4000 plus square feet home, tucked far back off of Centennial Drive allowing you the privacy, while still being within a neighborhood setting. Wide plank hardwood throughout the home. The expansive kitchen offers an abundance of cabinetry, granite counters, stainless steel appliances, a Viking range, SubZero refrigerator, breakfast/wine bar, walk-in butler's pantry and seating for 6 plus around the island. Open floor plan great for entertaining, while still feeling cozy when you just want to sit back and relax. First floor master suite with cathedral ceiling. Upstairs offers 4 additional bedrooms, 1 full bath and cedar closet. Each and every room overlooking the expansive lake. Walk out basement, expands the full length of the main level, complete with changing areas including shower and half bath. An additional kitchenette, and game/playroom. The most spectacular sunrises and sunsets can be enjoyed from the double tier deck/dock or patio. This home is one of a kind, PREMIERE SPOT ON CENTENNIAL LAKE, you don't want to miss it!

Last Agent to Sell the Property

Deirdre Hyland

Keller Williams Realty - Cherry Hill License #1329153 Listed on: 03/02/2024

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

James Butler

Century 21 Alliance-Medford

Century 21 Alliance-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,148

Year Built

  • Built in 1952

Lot Details

  • 1.5 Acre Lot
  • 150 Feet of Waterfront
  • Home fronts navigable water

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Panoramic

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Gas Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Water Access
  • Property is near a lake
  • 1 Boat Dock
  • Private Dock

Schools

  • Cranberry Pine Elementary School
  • Medford Township Memorial Middle School
  • Shawnee High School

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • Centennial Pines Club HOA
  • Centennial Lake Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 20-06206-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,148

Year Built

Built in 1952

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-02
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: Breathtaking views of the most sought after lake in Medford! Enjoy the panoramic scenery from every angle as you meander through this custom built 4000 plus square feet home, tucked far back off of Centennial Drive allowing you the privacy, while still being within a neighborhood setting. Wide plank hardwood throughout the home. The expansive kitchen offers an abundance of cabinetry, granite counters, stainless steel appliances, a Viking range, SubZero refrigerator, breakfast/wine bar, walk-in butler's pantry and seating for 6 plus around the island. Open floor plan great for entertaining, while still feeling cozy when you just want to sit back and relax. First floor master suite with cathedral ceiling. Upstairs offers 4 additional bedrooms, 1 full bath and cedar closet. Each and every room overlooking the expansive lake. Walk out basement, expands the full length of the main level, complete with changing areas including shower and half bath. An additional kitchenette, and game/playroom. The most spectacular sunrises and sunsets can be enjoyed from the double tier deck/dock or patio. This home is one of a kind, PREMIERE SPOT ON CENTENNIAL LAKE, you don't want to miss it!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Heated, Outside Entrance, Rear Entrance
  • Total Sq Ft: 6644
  • Living Area Sq Ft: 5444
  • Price Per Sq Ft: 329.88
  • Above Grade Finished Sq Ft: 4244
  • Below Grade Finished Sq Ft: 1200
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • 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
  • Roof: Shingle
  • View: Lake, Panoramic, Water
  • Water Access: Yes
  • Water Body Name: Centennial Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 150

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage Door Opener, Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 410.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: CENTENNIAL PINES CLUB
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MEDFORD TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: CRANBERRY PINE E.S.
  • Middle School: MEDFORD TOWNSHIP MEMORIAL
  • High School: SHAWNEE H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396871
  • School District Source: Listing Agent
  • Elementary School: CRANBERRY PINE E.S.
  • High School: SHAWNEE H.S.
  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Lot Size Acres: 1.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65340.00
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 18148.00
  • Assessor Parcel Number: 20-06206-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 4244
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/26/2024

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 24, 2024
Sold by
Morad Harry and Morad Renee
Bought by
Ott Gunter Michael-Jose and Ott Deana M
Seller's Agent
Deirdre Hyland
Keller Williams Realty - Cherry Hill
Buyer's Agent
James Butler
Century 21 Alliance-Medford
List Price
$1,399,999
Sold Price
$1,500,000
Premium/Discount to List
$100,001
7.14%
Views
90
Current Estimated Value
$1,196,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$303,474
Avg. Annual Appreciation
-16.91%
Original Mortgage
$1,132,000
Outstanding Balance
$1,118,192
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$78,334

Purchase Details

Listed on
Sep 2, 2016
Closed on
Dec 21, 2016
Sold by
Koszowski Kenneth and Koszowski Kyle
Bought by
Morad Harry and Morad Renee
Seller's Agent
Margaret Willwerth
Century 21 Alliance-Medford
Buyer's Agent
Valerie Bertsch
Compass New Jersey, LLC - Moorestown
List Price
$995,000
Sold Price
$893,000
Premium/Discount to List
-$102,000
-10.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$714,400
Interest Rate
4.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 30, 1993
Sold by
Tabnick Joel
Bought by
Koszowski Kenneth and Koszowski Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.23%
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
Ott Gunter Michael-Jose -- Group 21 Title
Ott Gunter Michael-Jose -- Group 21 Title
Morad Harry $893,000 Title America Agency
Koszowski Kenneth $401,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Gunter Michael-Jose $1,132,000
Closed Ott Gunter Michael-Jose $1,132,000
Previous Owner Morad Harry $660,000
Previous Owner Morad Harry $714,400
Previous Owner Koszowski Kenneth $95,000
Previous Owner Koszowski Kenneth $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $1,500,000 +7.1% $276 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $1,399,999 +56.8% $257 / Sq Ft
12/21/2016 12/21/16 Sold $893,000 -10.3% $210 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $995,000 -- $234 / 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 $20,052 $651,700 $246,400 $405,300
2024 $18,747 $565,000 $246,400 $318,600
2023 $18,747 $565,000 $246,400 $318,600
2022 $18,363 $565,000 $246,400 $318,600
2021 $18,261 $565,000 $246,400 $318,600
2020 $18,148 $565,000 $246,400 $318,600
2019 $17,905 $565,000 $246,400 $318,600
2018 $17,656 $565,000 $246,400 $318,600
2017 $17,532 $565,000 $246,400 $318,600
2016 $17,470 $565,000 $246,400 $318,600
2015 $17,210 $565,000 $246,400 $318,600
2014 $16,684 $565,000 $246,400 $318,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2060696

Bright MLS

APN: 20-06206-0000-00014