NOT LISTED FOR SALE

2 Elm Dr Medford, NJ 08055

Estimated Value: $711,203 - $786,000

4 Beds
3.5 Baths
2,852 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $440,000 $154 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,967/month

Highlights

  • Water Views
  • Home fronts navigable water
  • 0.36 Acre Lot
  • Haines Memorial 6th Grade Center Rated A-
  • Water Access
  • Colonial Architecture

About This Home

As of February 2021

Move right into this beautiful home which is nicely situated on a corner lot in desirable Oakwood Lakes! Located on Oliphant Lake, this spacious center hall colonial home has so much to offer. You will love preparing meals in this updated kitchen which features beautiful hardwood flooring and brand new granite counter tops and is open to the family room . A perfect set up for entertaining and holiday meals! Enjoy your morning coffee in the sunroom or on the deck which overlooks the water. There is an office/bonus room off of the formal living room - just perfect for a child's playroom or a home office. The master bedroom is 24 x 13 and features a large walk in closet and a full bath with shower stall. Additionally, you will find 3 additional bedrooms on the second floor. Additional features include gas heat, central air, a 2 car attached garage, public sewer, a foyer entry way, 1st floor laundry room, and an area that would work very well for an in law suite (being used as one currently). Oakwood Lakes HOA fee is only $225/year and allows usage of the lake, beach and playground. https://www.oakwoodlakesassociation.com/fees

Last Agent to Sell the Property

Alicia Weister

(609) 605-4306 alicia.weister@cbrealty.com Coldwell Banker Realty License #9233306 Listed on: 11/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Shawn Yunker

(201) 230-9183 shawnyunker@kw.com Keller Williams - Main Street License #1973306

Keller Williams - Main Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,618

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • Home fronts navigable water
  • Property is zoned GD

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 7 Driveway Spaces
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,852 Sq Ft Home
  • Property has 2 Levels
  • Chair Railings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • Bathtub with Shower

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Drainage System
  • Sump Pump

Outdoor Features

  • Water Access
  • Property is near a lake

Location

  • Flood Risk

Schools

  • Shawnee High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Oakwood Lakes HOA, Phone Number (609) 933-4035
  • Oakwood Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00014
  • Assessor Parcel Number 20-02902-00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,618

Year Built

Built in 1971

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1971
  • Automatically Close On Close Date: Yes
  • Remarks Public: Move right into this beautiful home which is nicely situated on a corner lot in desirable Oakwood Lakes! Located on Oliphant Lake, this spacious center hall colonial home has so much to offer. You will love preparing meals in this updated kitchen which features beautiful hardwood flooring and brand new granite counter tops and is open to the family room . A perfect set up for entertaining and holiday meals! Enjoy your morning coffee in the sunroom or on the deck which overlooks the water. There is an office/bonus room off of the formal living room - just perfect for a child's playroom or a home office. The master bedroom is 24 x 13 and features a large walk in closet and a full bath with shower stall. Additionally, you will find 3 additional bedrooms on the second floor. Additional features include gas heat, central air, a 2 car attached garage, public sewer, a foyer entry way, 1st floor laundry room, and an area that would work very well for an in law suite (being used as one currently). Oakwood Lakes HOA fee is only $225/year and allows usage of the lake, beach and playground. https://www.oakwoodlakesassociation.com/fees
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Ceiling Fan(s), Chair Railings, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Pantry, Tub Shower, Upgraded Countertops, Water Treat System, Wood Floors
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Sun/Florida Room, In-Law/AuPair/Suite, Laundry, Office
  • Basement: Yes
  • Basement Type: Full, Interior Access, Sump Pump, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 2852
  • Living Area Sq Ft: 2852
  • Price Per Sq Ft: 154.24
  • Above Grade Finished Sq Ft: 2852
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • View: Water
  • Water Access: Yes
  • Water Body Name: Oliphant Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 7

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
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 225.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: OAKWOOD LAKES
  • HOA Phone: 609-933-4035
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MEDFORD TOWNSHIP PUBLIC SCHOOLS
  • High School: SHAWNEE H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396871
  • School District Source: Listing Agent
  • High School: SHAWNEE H.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 256000.00
  • Land Assessed Value: 105700.00
  • Lot Size Acres: 0.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15682.00
  • Year Assessed: 2020
  • Zoning: GD

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1675109
  • Tax Annual Amount: 11618.00
  • Assessor Parcel Number: 20-02902-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 2852
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2020
Closed on
Feb 26, 2021
Sold by
Hammel Michelle W and Hammel Jacob A
Bought by
Petagna Ralph F and Petagna Kristen
Seller's Agent
Alicia Weister
Coldwell Banker Realty
Buyer's Agent
Shawn Yunker
Keller Williams - Main Street
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$733,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,551
Avg. Annual Appreciation
11.62%
Original Mortgage
$418,000
Outstanding Balance
$374,898
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$358,653

Purchase Details

Closed on
Aug 11, 2009
Sold by
Warner Natalina
Bought by
Warner Natalina A and Hammel Michelle W

Purchase Details

Closed on
Aug 5, 2005
Sold by
Hammel Jacob A and Warner Hammel Michelle
Bought by
Warner Natalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2002
Sold by
Diesl Gary T and Diesl Carol F
Bought by
Hammel Jacob A and Warner Hammel Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,950
Interest Rate
6.16%
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
Petagna Ralph F $440,000 City Abstract
Warner Natalina A -- None Available
Warner Natalina -- --
Hammel Jacob A $300,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petagna Ralph F $418,000
Previous Owner Warner Natalina $200,000
Previous Owner Hammel Jacob A $239,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $440,000 0.0% $154 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/17/2020 12/17/20 Price Changed $439,900 -2.2% $154 / Sq Ft
11/26/2020 11/26/20 For Sale $450,000 -- $158 / 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 $12,837 $361,700 $105,700 $256,000
2024 $12,001 $361,700 $105,700 $256,000
2023 $12,001 $361,700 $105,700 $256,000
2022 $11,755 $361,700 $105,700 $256,000
2021 $11,690 $361,700 $105,700 $256,000
2020 $11,618 $361,700 $105,700 $256,000
2019 $11,462 $361,700 $105,700 $256,000
2018 $0 $361,700 $105,700 $256,000
2017 $0 $361,700 $105,700 $256,000
2016 $0 $361,700 $105,700 $256,000
2015 -- $361,700 $105,700 $256,000
2014 -- $361,700 $105,700 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL387564

Bright MLS

APN: 20-02902-0000-00014