NOT LISTED FOR SALE

162 Preakness Dr Mount Laurel, NJ 08054

Estimated Value: $683,325 - $765,000

4 Beds
2.5 Baths
2,332 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $485,000 $208 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,783/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Breakfast Room
  • Lenape High School Rated A-
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of May 2021

Welcome to 162 Preakness Drive! This four-to-five-bedroom majestic center hall colonial sits proudly on almost a half-acre of land in the highly sought-after Saratoga Farms development. Wood floors greet you as you enter through the front door into the foyer. To your left is the formal living room which can also act as flex-space (perfect as an office or playroom) with large windows that allow plenty of natural light to flood the room. Flanking the other side of the foyer is a spacious dining room featuring crown molding, chair railing and wood flooring. Venture down the hallway to the back of the house. This is the area where family and friends will gather. The kitchen boasts a plethora of cabinetry and countertops, a complete appliance package and breakfast peninsula. Truly 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 three large windows that allow you to enjoy the view of the tree lined backyard. The kitchen overlooks the family room that is filled in natural light from French doors which open out onto a spacious deck. A half bath and laundry area conveniently located off the kitchen complete the first floor. The main floor also offers a powder room, laundry area and direct access to the two-car garage. The home’s second floor offers a bright and airy master suite which boasts vaulted ceiling and his and her walk-in closets. The vaulted ceiling continues into the master bath showcasing a shower, garden tub surround by windows, dual sink vanity and private commode. 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 nice sized hall bath with skylight. The unfinished walk-out “English Basement” with many large windows that allows for so much natural light that doesn’t feel like a basement is ready to be tailored to your specific needs. Travel outside either from the family room or the basement to a spacious deck that allows you to enjoy dining or entertaining alfresco while overlooking the expansive private backyard lined with mature trees. Located in a highly rated school system, with easy access to major highways for the daily commute and close to restaurants, shopping and entertain. The house has been maintained but the seller is selling the property in as is condition. MAKE SURE TO CLICK ON THE CAMERA ICON FOR THE 3D VIRTUAL TOUR or paste the following url in your browser: http://spws.homevisit.com/hvid/326120 . Don't miss this opportunity to call this wonderful house your new 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: 03/28/2021

Weichert Realtors - Moorestown

Last Buyer's Agent

Brian Lynch

(609) 575-2178 blynch@eracentral.com ERA Central Realty Group - Bordentown License #1223101

ERA Central Realty Group - Bordentown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,527

Year Built

  • Built in 1994

Lot Details

  • 0.48

Parking

  • 2 Car Direct Access Garage
  • 3 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • Property has 2 Levels
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Schools

  • Thomas E. Harrington Middle School
  • Lenape High School

Utilities

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

Additional Features

  • Deck
  • 0.48 Acre Lot

Community Details

  • No Home Owners Association
  • Saratoga Farms Subdivision

Listing and Financial Details

  • Tax Lot 00008
  • Assessor Parcel Number 24-00805 01-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,527

Year Built

Built in 1994

Lot Details

0

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: 2021-03-28
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 162 Preakness Drive! This four-to-five-bedroom majestic center hall colonial sits proudly on almost a half-acre of land in the highly sought-after Saratoga Farms development. Wood floors greet you as you enter through the front door into the foyer. To your left is the formal living room which can also act as flex-space (perfect as an office or playroom) with large windows that allow plenty of natural light to flood the room. Flanking the other side of the foyer is a spacious dining room featuring crown molding, chair railing and wood flooring. Venture down the hallway to the back of the house. This is the area where family and friends will gather. The kitchen boasts a plethora of cabinetry and countertops, a complete appliance package and breakfast peninsula. Truly 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 three large windows that allow you to enjoy the view of the tree lined backyard. The kitchen overlooks the family room that is filled in natural light from French doors which open out onto a spacious deck. A half bath and laundry area conveniently located off the kitchen complete the first floor. The main floor also offers a powder room, laundry area and direct access to the two-car garage. The home’s second floor offers a bright and airy master suite which boasts vaulted ceiling and his and her walk-in closets. The vaulted ceiling continues into the master bath showcasing a shower, garden tub surround by windows, dual sink vanity and private commode. 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 nice sized hall bath with skylight. The unfinished walk-out “English Basement” with many large windows that allows for so much natural light that doesn’t feel like a basement is ready to be tailored to your specific needs. Travel outside either from the family room or the basement to a spacious deck that allows you to enjoy dining or entertaining alfresco while overlooking the expansive private backyard lined with mature trees. Located in a highly rated school system, with easy access to major highways for the daily commute and close to restaurants, shopping and entertain. The house has been maintained but the seller is selling the property in as is condition. MAKE SURE TO CLICK ON THE CAMERA ICON FOR THE 3D VIRTUAL TOUR or paste the following url in your browser: http://spws.homevisit.com/hvid/326120 . Don't miss this opportunity to call this wonderful house your new home. Make "The Smart Move" and schedule your private today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2332
  • Living Area Sq Ft: 2332
  • Price Per Sq Ft: 197.26
  • Above Grade Finished Sq Ft: 2332
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 162

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, Brick
  • 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
  • Garage Features: Inside Access, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway
  • 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: 0.48
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20780.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10527.00
  • Assessor Parcel Number: 24-00805 01-00008
  • Tax Lot: 00008
  • Tax Total Finished Sq Ft: 2332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/26/2021

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 26, 2021
Sold by
Jang Nam Kie and Jang Eul Num
Bought by
Foehr Tyler J and Foehr Samantha A
Seller's Agent
Jacki Smoyer
Weichert Realtors - Moorestown
Buyer's Agent
Brian Lynch
ERA Central Realty Group - Bordentown
List Price
$460,000
Sold Price
$485,000
Premium/Discount to List
$25,000
5.43%
Current Estimated Value
$722,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,831
Avg. Annual Appreciation
9.63%
Original Mortgage
$388,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1994
Sold by
Grp Ryland
Bought by
Jang Namkie and Jang Eul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.93%
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
Foehr Tyler J $485,000 Title Evolution Llc
Foehr Tyler J $485,000 Title Evolution
Jang Namkie $230,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foehr Tyler J $388,000
Previous Owner Jang Namkie $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $485,000 +5.4% $208 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $460,000 -- $197 / 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 $11,409 $361,400 $122,000 $239,400
2024 $10,979 $361,400 $122,000 $239,400
2023 $10,979 $361,400 $122,000 $239,400
2022 $10,943 $361,400 $122,000 $239,400
2021 $9,601 $361,400 $122,000 $239,400
2020 $10,528 $361,400 $122,000 $239,400
2019 $10,419 $361,400 $122,000 $239,400
2018 $10,340 $361,400 $122,000 $239,400
2017 $9,822 $361,400 $122,000 $239,400
2016 $9,670 $361,400 $122,000 $239,400
2015 $9,805 $361,400 $122,000 $239,400
2014 $9,707 $361,400 $122,000 $239,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL393706

Bright MLS

APN: 24-00805-01-00008