NOT LISTED FOR SALE

1717 Independence Ln Cherry Hill, NJ 08003

Estimated Value: $675,648 - $714,000

4 Beds
2.5 Baths
3,300 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $550,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,867/month

12 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • Bret Harte Elementary School Rated A-
  • Traditional Floor Plan
  • Attic

About This Home

As of August 2022

4 bed and 2.5 bath with over 3,000 sf contemporary home in Kressonshire, Cherry Hill. Granite counter tops, marble floors, breakfast room and newer appliances (2020). Dark cherry hardwood floor in living room and dining room, large family room with a fireplace. All bedrooms and second floor hallway have newer bamboo hardwood floors (2020). The spacious master bedroom has a luxury bathroom with tile floors and walls, whirlpool tub and spacious tall shower. The 3 additional bedrooms are spacious and have great closet space! You will also enjoy the finished basement with newer laminate floors (2020) and an oversized fenced lot with great open area! There is also a 2-car garage and driveway. This home is already environmentally green with 39 Tesla solar panels which provide 100% of your electrical needs. The electric bill is around $150 per month. Buyer has to take over the contract for solar panels with Tesla. The hot tub in the sunroom will be sold in "as is" condition; the current owner never used it since he bought it.

Last Agent to Sell the Property

Jacob Seo

Realty Mark Advantage License #564074 Listed on: 06/24/2022

Realty Mark Advantage

Last Buyer's Agent

Connie Curci

RE/MAX Of Cherry Hill License #0341281

RE/MAX Of Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,566

Year Built

  • Built in 1977

Lot Details

  • 0.36 Acre Lot

Parking

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

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Kressonshire Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 09-00525 12-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,566

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer and Hot tub
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-06-24
  • Year Built: 1977
  • Automatically Close On Close Date: No
  • Remarks Public: 4 bed and 2.5 bath with over 3,000 sf contemporary home in Kressonshire, Cherry Hill. Granite counter tops, marble floors, breakfast room and newer appliances (2020). Dark cherry hardwood floor in living room and dining room, large family room with a fireplace. All bedrooms and second floor hallway have newer bamboo hardwood floors (2020). The spacious master bedroom has a luxury bathroom with tile floors and walls, whirlpool tub and spacious tall shower. The 3 additional bedrooms are spacious and have great closet space! You will also enjoy the finished basement with newer laminate floors (2020) and an oversized fenced lot with great open area! There is also a 2-car garage and driveway. This home is already environmentally green with 39 Tesla solar panels which provide 100% of your electrical needs. The electric bill is around $150 per month. Buyer has to take over the contract for solar panels with Tesla. The hot tub in the sunroom will be sold in "as is" condition; the current owner never used it since he bought it.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Disposal, Oven - Self Cleaning, Refrigerator, Dishwasher, Dryer, Washer
  • Interior Amenities: Attic, Crown Moldings, Floor Plan - Traditional, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wine Storage, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 173.87
  • Above Grade Finished Sq Ft: 3100
  • Below Grade Finished Sq Ft: 200
  • Total Below Grade Sq Ft: 200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1717

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: Stucco, Wood Siding
  • 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: Garage - Front Entry, Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • 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
  • Association Recreation Fee: No

Schools

  • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396971
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 227400.00
  • Land Assessed Value: 79200.00
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15840.00
  • Outdoor Living Structures: Porch(es), Enclosed, Deck(s)
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1838475
  • Tax Annual Amount: 12566.00
  • Assessor Parcel Number: 09-00525 12-00016
  • Tax Lot: 00016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/16/2022

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 9, 2022
Sold by
Shin Wonsug and Shin Insook
Bought by
Mavraganis John and Mavraganis Heidi L
Seller's Agent
Jacob Seo
Realty Mark Advantage
Buyer's Agent
Connie Curci
RE/MAX Of Cherry Hill
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Current Estimated Value
$681,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,038
Avg. Annual Appreciation
7.28%
Original Mortgage
$440,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2020
Closed on
Aug 8, 2020
Sold by
Rosen Allan and Cheng Rosen Min
Bought by
Han Insook and Shin Wonsug
Seller's Agent
Val Nunnenkamp
Keller Williams Realty - Marlton
Buyer's Agent
Jacob Seo
Realty Mark Advantage
List Price
$439,900
Sold Price
$415,000
Premium/Discount to List
-$24,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%
Original Mortgage
$311,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2007
Sold by
Perlstein Jay
Bought by
Rosen Min Cheng and Rosen Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mavraganis John $550,000 National Integrity
Han Insook $415,000 Honest Title Agency Llc
Rosen Min Cheng $567,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mavraganis John $100,000
Previous Owner Mavraganis John $440,000
Previous Owner Han Insook $311,250
Previous Owner Rosen Allan $395,792
Previous Owner Rosen Min Cheng $407,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $550,000 +2.0% $167 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $539,000 0.0% $163 / Sq Ft
06/23/2022 06/23/22 Price Changed $539,000 +29.9% $163 / Sq Ft
08/14/2020 08/14/20 Sold $415,000 -5.7% $126 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $439,900 -- $133 / 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 $13,671 $306,600 $79,200 $227,400
2024 $12,883 $306,600 $79,200 $227,400
2023 $12,883 $306,600 $79,200 $227,400
2022 $12,528 $306,600 $79,200 $227,400
2021 $12,568 $306,600 $79,200 $227,400
2020 $12,414 $306,600 $79,200 $227,400
2019 $12,408 $306,600 $79,200 $227,400
2018 $12,374 $306,600 $79,200 $227,400
2017 $12,206 $306,600 $79,200 $227,400
2016 $12,043 $306,600 $79,200 $227,400
2015 $11,853 $306,600 $79,200 $227,400
2014 $11,721 $306,600 $79,200 $227,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2029072

Bright MLS

APN: 09-00525-12-00016