NOT LISTED FOR SALE

131 Edison Rd Cherry Hill, NJ 08034

Estimated Value: $296,000 - $358,000

2 Beds
1 Bath
848 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $273,500 $323 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,115/month

16 Days on Market

Highlights

  • Raised Ranch Architecture
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • No HOA
  • Property is in very good condition

About This Home

As of February 2024

Discover the allure of Cherry Hill living with this charming and move-in ready home. This property is the perfect rental investment or property to purchase for those that would like to downsize. The kitchen showcases contemporary appliances and ample cabinet space, each bedroom offers comfortable sizes, while the bathroom features convenience and style. Located in a highly desirable area of Cherry Hill, this property not only promises a convenient lifestyle but also provides easy access to shopping, restaurants, major roadways like I 295, route 70 & the turnpike as well as easy access to Philadelphia. The roof is only 5 years old, central air and forced hot air is optimal. This property offers a great opportunity for those seeking an investment with immediate returns, as it is currently occupied by reliable tenants, or those that would like to eventually live inside of the home. Whether you're looking to expand your investment portfolio or secure a future home in this sought-after area, seize this exceptional opportunity!

Last Agent to Sell the Property

Jasmin Elalfy

(732) 213-3540 jasmin@njelitegroup.com NJ Elite Group, LLC License #1863633 Listed on: 12/21/2023

Co-Listed By

Lisandra Coleman

(856) 398-3193 lisandra@njelitegroup.com NJ Elite Group, LLC

Last Buyer's Agent

Lisa Wolschina

(856) 816-0051 lisa@lwahomes.com Lisa Wolschina & Associates, Inc. License #0345954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,160

Year Built

  • Built in 1945

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 100.00 x 90.00
  • Corner Lot
  • Property is in very good condition

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Cottage
  • Bungalow
  • Block Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Gas Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Kingsway Village Subdivision

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 09-00397 02-00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,160

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Ranch/Rambler, Raised Ranch/Rambler, Cottage
  • Ownership: Fee Simple
  • Exclusions: Personal property of tenant
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1945
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Dryer - Gas, Microwave, Water Heater, Washer, Stove
  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1696
  • Living Area Sq Ft: 848
  • Price Per Sq Ft: 306.60
  • Above Grade Finished Sq Ft: 848
  • Below Grade Sq Ft: 848
  • Total Below Grade Sq Ft: 848
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Pitched, Asphalt, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 100.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8999.00
  • Property Condition: Good, Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Total Actual Rent: 2400.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5160.00
  • Assessor Parcel Number: 09-00397 02-00026
  • Tax Lot: 00026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Wagner Mary Jeanne Spinosi and Craig Rober
Bought by
Wagner Amy Solina and Pierson Kevin Brian
Current Estimated Value
$313,751

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 26, 2021
Sold by
Beatrice Samuel and Beatrice Kathleen A
Bought by
Hayes Shana
Seller's Agent
Kathleen Iannucci
EXP Realty, LLC
Buyer's Agent
Thomas Sadler
Ovation Realty LLC
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$206,196
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Carty Lindsey F
Bought by
Beatrice Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wagner Amy Solina -- None Listed On Document
Hayes Shana $210,000 City Abstract
Beatrice Samuel $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Shana $206,196
Previous Owner Beatrice Samuel $142,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $273,500 +5.2% $323 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $260,000 0.0% $307 / Sq Ft
10/01/2023 10/01/23 Rented $2,400 +9.1% --
09/13/2023 09/13/23 Under Contract -- -- --
09/06/2023 09/06/23 For Rent $2,200 0.0% --
03/26/2021 03/26/21 Sold $210,000 -2.3% $248 / Sq Ft View Prior Sale
02/14/2021 02/14/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $215,000 -- $254 / 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 $5,632 $126,300 $46,500 $79,800
2024 $5,307 $126,300 $46,500 $79,800
2023 $5,307 $126,300 $46,500 $79,800
2022 $5,161 $126,300 $46,500 $79,800
2021 $5,177 $126,300 $46,500 $79,800
2020 $5,114 $126,300 $46,500 $79,800
2019 $5,111 $126,300 $46,500 $79,800
2018 $5,097 $126,300 $46,500 $79,800
2017 $5,028 $126,300 $46,500 $79,800
2016 $4,961 $126,300 $46,500 $79,800
2015 $4,883 $126,300 $46,500 $79,800
2014 $4,828 $126,300 $46,500 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2060132

Bright MLS

APN: 09-00397-02-00026