207 Chaucer Ct Mount Laurel, NJ 08054
Outlying Mount Laurel Township NeighborhoodEstimated Value: $307,553 - $447,000
--
Bed
--
Bath
2,416
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Attached Garage
- Central Air
- Lenape High School Rated A-
- Level Entry For Accessibility
- Property is in very good condition
About This Home
As of October 2021Back to the market after some additional improvements are made. Great opportunity for a owner to live in one unit and get most of the mortgage paid by the tenant in the other unit. The Top Unit B is currently occupied and the unit was upgraded also with a new kitchen less than 3 years ago. The tenant is currently paying $1350 a month plus water and sewer and is due for a rent increase in November this year. The Top Unit B is a 3 bedroom and 2 and a half bath with a updated kitchen, dining area, living room, and a utility closet for the washer and dryer and heating unit. The downstairs unit A has just been fully renovated with a new kitchen and has 2 bedrooms and one and half bathrooms. New windows were added in LR and a new water heater, and a new washer dryer unit in the closet .Each unit has separate billing for water and sewer electric and heat.. There is a 2 car garage, one for each unit and some off street parking too. Both units have a central air conditioning and heating HVAC heat pump system. These units can be separated into two individual units and sold and owned separately with a Master Deed modification if and when desired. Hurry Don't Miss this great investment property .Either stay in the bottom unit or rent it out for extra Cash Flow ...the market rate for the rent for the 2 BR unit is around $1300/month and a potential tenant is available immediately. There is no HOA or condo monthly fees. "
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,421
Year Built
- Built in 1980
Lot Details
- Lot Dimensions are 28.00 x 98.00
- Property is in very good condition
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Side Facing Garage
Home Design
- 2,416 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Carpet
- Laminate
Accessible Home Design
- Level Entry For Accessibility
Utilities
- Central Air
- Back Up Electric Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 00032
- Assessor Parcel Number 24-00303 02-00032
Community Details
Overview
- No Home Owners Association
- 2 Units
- Larchmont Estates Subdivision
Building Details
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2021
Closed on
Oct 27, 2021
Sold by
Quince Realty Llc
Bought by
Ahmed Umair
Seller's Agent
JESSIE Ghotra
Realty Mark Advantage
Buyer's Agent
Dipti Purohit
Century 21 Abrams & Associates, Inc.
List Price
$299,999
Sold Price
$310,000
Premium/Discount to List
$10,001
3.33%
Total Days on Market
89
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
$89,638
Avg. Annual Appreciation
7.28%
Original Mortgage
$304,385
Interest Rate
3.14%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 23, 2007
Sold by
Syed Nasir A and Syed Amina N
Bought by
Quince Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 15, 2001
Sold by
Suleman Muhammad and Ahmed Daud
Bought by
Syed Nasir A and Syed Amina N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.5%
Purchase Details
Closed on
Dec 29, 2000
Sold by
Balasundaram Shantha
Bought by
Suleman Muhammed and Ahmed Daud
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9%
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 Home in Mount Laurel, NJ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ahmed Umair | $310,000 | Title Authority Llc | |
| Quince Realty Llc | $275,000 | None Available | |
| Syed Nasir A | $125,000 | -- | |
| Suleman Muhammed | $92,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ahmed Umair | $304,385 | |
| Previous Owner | Quince Realty Llc | $220,000 | |
| Previous Owner | Syed Nasir A | $112,500 | |
| Previous Owner | Syed Nasir A | $112,500 | |
| Previous Owner | Syed Nasir A | $112,500 | |
| Previous Owner | Suleman Muhammed | $150,000 | |
| Previous Owner | Suleman Muhammed | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $310,000 | +3.3% | $128 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $299,999 | -3.2% | $124 / Sq Ft |
| 08/21/2021 08/21/21 | Off Market | $310,000 | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $299,900 | -3.3% | $124 / Sq Ft |
| 07/12/2021 07/12/21 | Off Market | $310,000 | -- | -- |
| 07/01/2021 07/01/21 | Price Changed | $299,900 | -9.7% | $124 / Sq Ft |
| 06/30/2021 06/30/21 | Price Changed | $332,000 | +10.7% | $137 / Sq Ft |
| 06/17/2021 06/17/21 | For Sale | $299,900 | -- | $124 / 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 | $5,654 | $186,100 | $36,000 | $150,100 |
| 2023 | $5,654 | $186,100 | $36,000 | $150,100 |
| 2022 | $5,635 | $186,100 | $36,000 | $150,100 |
| 2021 | $5,529 | $186,100 | $36,000 | $150,100 |
| 2020 | $5,421 | $186,100 | $36,000 | $150,100 |
| 2019 | $5,365 | $186,100 | $36,000 | $150,100 |
| 2018 | $5,324 | $186,100 | $36,000 | $150,100 |
| 2017 | $5,086 | $182,500 | $36,000 | $146,500 |
| 2016 | $5,010 | $182,500 | $36,000 | $146,500 |
| 2015 | $4,951 | $182,500 | $36,000 | $146,500 |
| 2014 | $4,902 | $182,500 | $36,000 | $146,500 |
Source: Public Records
Agents Affiliated with this Home
-
JESSIE Ghotra
Seller's Agent in 2021
JESSIE Ghotra
Realty Mark Advantage
(856) 498-8355
2 in this area
21 Total Sales
-
Dipti Purohit
Buyer's Agent in 2021
Dipti Purohit
Century 21 Abrams & Associates, Inc.
(917) 324-2423
2 in this area
52 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2000338
APN: 24-00303-02-00032
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