18 Cove Rd Moorestown, NJ 08057
Outlying Moorestown NeighborhoodEstimated Value: $1,352,451 - $1,564,000
5
Beds
3.5
Baths
4,029
Sq Ft
$361/Sq Ft
Est. Value
Highlights
- Heated Floors
- 2 Acre Lot
- Cathedral Ceiling
- South Valley Elementary School Rated A+
- Colonial Architecture
- 3 Fireplaces
About This Home
As of April 2020Private yet close to everything! Completely move in ready---Remarkable 5 bedroom, 3.5 bath home nestled on a 2 acre lot located in desirable "Peachtree Point". Extensive upgrades are completely on trend: renowned kitchen designer, "Joanne Hudson" has created a stunning gourmet farmhouse kitchen with shiplapped gambrel ceilings, 2 large skylights, breakfast room with walls of windows and fireplace. Tasteful granite, expansive center island with 2 refrigeration drawers and custom designed kitchen table are thoughtful in design-- All the extras that today's discriminating buyer expects: Custom Creamy farmhouse cabinets, 2 Miele dishwashers, Jenn Air 6 burner gas stove with integrated fan, double Wolf Wall Ovens and warming drawer, fully integrated Sub Zero Refrigerator with pull out Freezer Drawers. Wolf microwave, prep sink, custom fitted cutting board drops neatly into drawer, ceramic farm sink, wrap around counter with antique mirrored backsplash, Sub Zero Wine Refrigerator with lighted cabinetry, custom double pantry closets, glamorous breakfast room with warming fireplace with French doors that lead out to deck. The deck (fabulous expansive gathering space 65' x 14') is low maintenance, is roofed, and has a fireplace; the perfect spot for family gatherings or just day dreaming. The renovation of the Master en Suite is considerable---greatly expanded with charming fireplace, professionally appointed closet and stunning on trend bathroom with heated floors. All bathrooms with exception of the basement have heated floors and have been completely and beautifully renovated. Gorgeous formal foyer, generously sized living room with gas fireplace and extensive wainscoting. Large sunny dining room features crown molding, sconce lighting and custom decorative chair rail. Need space for your large family or entertaining friends? Remarkable great room features a fireplace, handsome woodworking and walls of French doors that lead out to the deck, and additional side access to deck. The den/study/office is adjacent--with pocket French doors, custom arched bookcases, dentil molding and accent lighting. A convenient side entrance leads to the well appointed heated back hall entrance with coat room, closet, bench and beadboard wainscoting. Adjacent 1st floor laundry room and a renovated guest powder room (heated floor) rounds out this first floor. Upstairs -- renovated Master en Suite all done up in shades of cream with stunning bath and glamorous closet (see remarks above). 3 additional well sized bedrooms are accommodated by the beautifully redone hall bath with heated floor. The 5th bedroom is located on the 3rd floor and is lovingly adorned in creams and pale pinks. Walk in attic provides good storage. Flex space--- The basement is partially finished with full bath and potential 6th bedroom/or home office, playroom, man cave, she shed or hobbyist's delight. Sliders open up to the meticulous bluestone patio and provide good natural light. The unfinished basement space provides excellent storage, has a cedar closet, and additional storage closets, and large room. Adjacent detached 3 car garage, sprinkler system, newer AC 2014 upstairs, 2017 downstairs, sound system, security system, mature landscaping, backs up to private woods and meadow. Not to be missed First open Sun. Jan 12th from 1 to 4. Bring your checkbook. And the relatives.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,017
Year Built
- Built in 1990 | Remodeled in 2009
Lot Details
- 2 Acre Lot
- Property is in good condition
Parking
- 3 Car Attached Garage
- 6 Open Parking Spaces
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Frame Construction
- Architectural Shingle Roof
Interior Spaces
- 4,029 Sq Ft Home
- Property has 3 Levels
- Cathedral Ceiling
- 3 Fireplaces
- Entrance Foyer
- Great Room
- Living Room
- Dining Room
- Den
- Home Security System
- Laundry on main level
Flooring
- Wood
- Carpet
- Heated Floors
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Partially Finished Basement
- Walk-Out Basement
- Drainage System
Schools
- Wm Allen Middle School
- Moorestown High School
Utilities
- Forced Air Heating and Cooling System
- Electric Baseboard Heater
- 220 Volts
- Natural Gas Water Heater
- Municipal Trash
- On Site Septic
Community Details
- No Home Owners Association
- Peachtree Point Subdivision
Listing and Financial Details
- Tax Lot 00009
- Assessor Parcel Number 22-08500-00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2020
Closed on
Apr 21, 2020
Sold by
Begley William J and Begley Linda B
Bought by
Mahon Michael G and Mahon Jennifer L
Seller's Agent
Erin Blank
Coldwell Banker Realty
Buyer's Agent
Elizabeth Berry
Weichert Realtors - Moorestown
List Price
$999,999
Sold Price
$960,000
Premium/Discount to List
-$39,999
-4%
Total Days on Market
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,817
Avg. Annual Appreciation
7.64%
Original Mortgage
$768,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 29, 1990
Bought by
Begley William J and Begley Linda B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Moorestown, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahon Michael G | $960,000 | Guardian Title Services Llc | |
| Begley William J | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mahon Jennifer | $165,168 | |
| Previous Owner | Mahon Michael G | $768,000 | |
| Previous Owner | Begley William J | $1,000,000 | |
| Previous Owner | Begley William J | $2,000,000 | |
| Previous Owner | Begley William J | $1,000,000 | |
| Previous Owner | Begley William J | $800,000 | |
| Previous Owner | Begley William | $250,000 | |
| Previous Owner | Begley William | $500,000 | |
| Previous Owner | Begley William | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2020 04/28/20 | Sold | $960,000 | -4.0% | $238 / Sq Ft |
| 03/09/2020 03/09/20 | Pending | -- | -- | -- |
| 01/03/2020 01/03/20 | For Sale | $999,999 | -- | $248 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $19,945 | $725,000 | $244,700 | $480,300 |
| 2023 | $19,945 | $725,000 | $244,700 | $480,300 |
| 2022 | $19,742 | $725,000 | $244,700 | $480,300 |
| 2021 | $19,481 | $725,000 | $244,700 | $480,300 |
| 2020 | $19,358 | $725,000 | $244,700 | $480,300 |
| 2019 | $19,017 | $725,000 | $244,700 | $480,300 |
| 2018 | $20,452 | $801,400 | $244,700 | $556,700 |
| 2017 | $20,378 | $801,400 | $244,700 | $556,700 |
| 2016 | $20,306 | $801,400 | $244,700 | $556,700 |
| 2015 | $20,057 | $801,400 | $244,700 | $556,700 |
| 2014 | $19,032 | $801,400 | $244,700 | $556,700 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Blank
Seller's Agent in 2020
Erin Blank
Coldwell Banker Realty
(856) 220-3722
15 in this area
36 Total Sales
-
Elizabeth Berry
Buyer's Agent in 2020
Elizabeth Berry
Weichert Corporate
(609) 923-9098
36 in this area
92 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL363642
APN: 22-08500-0000-00009
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