NOT LISTED FOR SALE

157 Preakness Dr Mount Laurel, NJ 08054

Estimated Value: $729,296 - $800,000

4 Beds
2.5 Baths
2,332 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $530,000 $227 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,031/month

5 Days on Market

Highlights

  • Private Pool
  • Colonial Architecture
  • Recreation Room
  • Lenape High School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of May 2021

Welcome to 157 Preakness Drive, a captivating four to five bedroom, two and a half bath home nestled in the highly desirable Saratoga Farm neighborhood. This meticulously maintained Center Hall Colonial is updated and move-in ready. Professional landscaping and manicured lawns greet you as you arrive at this executive home. Enter through the front door into an interior that is filled with wonderful natural light and appointments and amenities that will exceed your expectations. Continuous wood floors provide a gracious welcome to a floor plan that is both open and highly practical. A living room boasting crown molding that can also act as flex-space (perfect as an office or playroom) flanks one side of the foyer while a spacious formal dining room trimmed with crown molding and chair rail flanks the other. Travel down the hallway directly into this home's updated kitchen. The gourmet chef in you will be delighted with the beautiful white cabinetry, Corian counter tops, tile back-splash, recessed lighting, complete stainless-steel appliance package and breakfast peninsula. This is the ideal kitchen for both cooking and entertaining. Your options are further expanded with an additional dining area that is bathed in natural light from glass sliding doors that allow you to enjoy the screened porch and picturesque backyard. From the kitchen you will have an unobstructed view into the spacious family room that features a fabulous new stacked stone surround gas fireplace flanked by beautiful built-ins. This will be the part of your home that you retreat to. The main floor also offers an updated half bath with vessel sink, laundry area and direct access to the two-car garage. The home’s second floor offers a master suite with luxurious spa like bath boasting double vanity and separate make up area. This suite is connected to a fifth bedroom that can be used as a home office, sitting room or possibly a spacious walk-in closet. Three other nice size bedrooms share a nicely updated hall bath that includes granite topped vanity and custom tiling. Venture down to the finished basement that offers a large rec room and additional storage area. The hidden gem of this home is behind it. Entertain family and friends in the resort like backyard. Dining al fresco is made easy with the spacious deck that overlooks the inground, salt water, heated pool. Relax after a swim in the screened in porch. Additional amenities of this beautifully appointed home include an abundance of recessed lighting, light dimmers for added ambiance, newer HVAC, newer water heater, newer roof, Hunter Douglas blinds, French drainage system, custom landscaping and hardscaping, irrigation, convenient location for the commuter, near shopping areas, restaurants and located in a highly rated school system. MAKE SURE TO CLICK ON THE CAMERA ICON FOR THE 3D VIRTUAL TOUR or paste the following url in your browser: http://my.matterport.com/show/?m=DzK9ee8cY5S Don't miss this opportunity to call this fabulous house your home. Make "The Smart Move" and schedule your private today!

Last Agent to Sell the Property

Jacki Smoyer

(856) 296-7226 jacki@thesmartmove.com Weichert Realtors - Moorestown Listed on: 03/21/2021

Weichert Realtors - Moorestown

Last Buyer's Agent

Jacki Smoyer

(856) 296-7226 jacki@thesmartmove.com Weichert Realtors - Moorestown Listed on: 03/21/2021

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,309

Year Built

  • Built in 1992

Lot Details

  • 0.47 Acre Lot

Parking

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

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Recreation Room
  • Screened Porch
  • Storage Room
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Private Pool
  • Deck
  • Screened Patio

Schools

  • Thomas E. Harrington Middle School
  • Lenape High School

Utilities

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

Community Details

  • No Home Owners Association
  • Saratoga Farms Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 24-00805 03-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,309

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-03-21
  • Year Built: 1992
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 157 Preakness Drive, a captivating four to five bedroom, two and a half bath home nestled in the highly desirable Saratoga Farm neighborhood. This meticulously maintained Center Hall Colonial is updated and move-in ready. Professional landscaping and manicured lawns greet you as you arrive at this executive home. Enter through the front door into an interior that is filled with wonderful natural light and appointments and amenities that will exceed your expectations. Continuous wood floors provide a gracious welcome to a floor plan that is both open and highly practical. A living room boasting crown molding that can also act as flex-space (perfect as an office or playroom) flanks one side of the foyer while a spacious formal dining room trimmed with crown molding and chair rail flanks the other. Travel down the hallway directly into this home's updated kitchen. The gourmet chef in you will be delighted with the beautiful white cabinetry, Corian counter tops, tile back-splash, recessed lighting, complete stainless-steel appliance package and breakfast peninsula. This is the ideal kitchen for both cooking and entertaining. Your options are further expanded with an additional dining area that is bathed in natural light from glass sliding doors that allow you to enjoy the screened porch and picturesque backyard. From the kitchen you will have an unobstructed view into the spacious family room that features a fabulous new stacked stone surround gas fireplace flanked by beautiful built-ins. This will be the part of your home that you retreat to. The main floor also offers an updated half bath with vessel sink, laundry area and direct access to the two-car garage. The home’s second floor offers a master suite with luxurious spa like bath boasting double vanity and separate make up area. This suite is connected to a fifth bedroom that can be used as a home office, sitting room or possibly a spacious walk-in closet. Three other nice size bedrooms share a nicely updated hall bath that includes granite topped vanity and custom tiling. Venture down to the finished basement that offers a large rec room and additional storage area. The hidden gem of this home is behind it. Entertain family and friends in the resort like backyard. Dining al fresco is made easy with the spacious deck that overlooks the inground, salt water, heated pool. Relax after a swim in the screened in porch. Additional amenities of this beautifully appointed home include an abundance of recessed lighting, light dimmers for added ambiance, newer HVAC, newer water heater, newer roof, Hunter Douglas blinds, French drainage system, custom landscaping and hardscaping, irrigation, convenient location for the commuter, near shopping areas, restaurants and located in a highly rated school system. MAKE SURE TO CLICK ON THE CAMERA ICON FOR THE 3D VIRTUAL TOUR or paste the following url in your browser: http://my.matterport.com/show/?m=DzK9ee8cY5S Don't miss this opportunity to call this fabulous house your home. Make "The Smart Move" and schedule your private today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Recreation Room, Storage Room, Bathroom 2, Primary Bathroom, Half Bath, Screened Porch
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2332
  • Living Area Sq Ft: 2332
  • Price Per Sq Ft: 210.12
  • Above Grade Finished Sq Ft: 2332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 157

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

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

Condo/Co-op/Association

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

Schools

  • School District: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
  • Middle School: THOMAS E. HARRINGTON M.S.
  • High School: LENAPE H.S.
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396964
  • School District Source: Listing Agent
  • High School: LENAPE H.S.
  • Middle Or Junior School: THOMAS E. HARRINGTON M.S.

Lot Info

  • Lot Size Acres: 0.47
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20350.00
  • Outdoor Living Structures: Deck(s), Screened, Porch(es)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11309.00
  • Assessor Parcel Number: 24-00805 03-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 2332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/12/2021

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Apr 7, 2021
Sold by
Thompson Peter L and Thompson Mary E
Bought by
Miles Joseph Shawn and Cranston Emily A
Seller's Agent
Jacki Smoyer
Weichert Realtors - Moorestown
Buyer's Agent
Jacki Smoyer
Weichert Realtors - Moorestown
List Price
$490,000
Sold Price
$530,000
Premium/Discount to List
$40,000
8.16%
Current Estimated Value
$756,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,324
Avg. Annual Appreciation
8.46%
Original Mortgage
$371,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Sold by
The Ryland Group Inc
Bought by
Thompson Peter L and Thompson Mary E
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
Miles Joseph Shawn $530,000 Core Title
Miles Joseph Shawn $530,000 Core Title
Thompson Peter L $214,145 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miles Joseph Shawn $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $530,000 +8.2% $227 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $490,000 -- $210 / 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 $12,255 $388,200 $121,500 $266,700
2024 $11,794 $388,200 $121,500 $266,700
2023 $11,794 $388,200 $121,500 $266,700
2022 $11,755 $388,200 $121,500 $266,700
2021 $11,533 $388,200 $121,500 $266,700
2020 $11,308 $388,200 $121,500 $266,700
2019 $11,192 $388,200 $121,500 $266,700
2018 $11,106 $388,200 $121,500 $266,700
2017 $10,819 $388,200 $121,500 $266,700
2016 $10,656 $388,200 $121,500 $266,700
2015 $10,532 $388,200 $121,500 $266,700
2014 $10,427 $388,200 $121,500 $266,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL393488

Bright MLS

APN: 24-00805-03-00003