NOT LISTED FOR SALE

219 Willow Turn Mount Laurel, NJ 08054

Estimated Value: $426,000 - $454,000

Studio
-- Bath
2,584 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $191,375 $74 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,664/month

261 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Lenape High School Rated A-
  • Parking Storage or Cabinetry
  • Energy-Efficient Windows

About This Home

As of May 2014

A great turnkey investment for the novice or seasoned investor.Duplex can generate a positive cash flow.Inquire for complete financial&other details,including cash flow&Return on Investment(ROI)analysis.UnitA is freshly painted interior all newer bath fixtures,located on the 1st floor,has2BRS,1 1/2bath.This large apartment has tile&new carpet throughout&rents for 1,200a month.The current tenant lease is through 09/30/14.Unit B,located on the 2nd&3rd floors,has 2BRS,2 1/2ba renovated upper hall bath.There is also a loft that could be used as a study,playroom,etc.This extra-large apartment with a large storage area off the master bedroom has tile&new carpet t/o rents for 1,200 a month.The current tenant has a lease through8/31/15.Newer Windows w/Ultra Low E glass&an argon gas energy efficiency package t/o,each unit has a stacked ele.WA&DR parking.Each unit has a Gar.LL pays water/sewer,no HOA fees.The Larchmont section of Mount Laurel is one of the best rental areas in Burlington Co,close to Rt38,Rt295,Rt73&the

Last Agent to Sell the Property

Barbara Mckale

(609) 220-2711 Barbara.McKale@foxroach.com BHHS Fox & Roach-Marlton Listed on: 06/26/2013

BHHS Fox & Roach-Marlton

Last Buyer's Agent

MARJORIE BOWEN

mgfavor@comcast.net Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,155

Year Built

  • Built in 1980

Lot Details

  • 3,944 Sq Ft Lot
  • Lot Dimensions are 29x136
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Storage or Cabinetry

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,584 Sq Ft Home
  • Storage In Attic
  • Laundry in unit

Flooring

  • Wall to Wall Carpet
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Windows

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 24-00303 02-00010

Community Details

Overview

  • No Home Owners Association
  • Larchmont Subdivision

Building Details

  • Insurance Expense $598
  • Maintenance Expense $325
  • Operating Expense $8,258

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,155

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Storage: Attic, Garage
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Room List: Primary Bedroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2584
  • Living Area Sq Ft: 2584
  • Price Per Sq Ft: 81.19
  • Above Grade Finished Sq Ft: 2584
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2180.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 88300.00
  • Land Assessed Value: 25000.00
  • Lot Size Acres: 0.09
  • Lot Dimensions: 29X136
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3944.00
  • Property Condition: Good
  • Zoning: DUPLX

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 28200.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1696590
  • Tax Annual Amount: 5155.00
  • Assessor Parcel Number: 24-00303 02-00010
  • Tax Lot: 00010
  • Tax Year: 2013

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2016
Sold by
Feingold Yaakov
Bought by
Levado 1006 Llc
Current Estimated Value
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,600
Outstanding Balance
$627,139
Interest Rate
3.59%
Mortgage Type
Commercial
Estimated Equity
-$183,472

Purchase Details

Listed on
Jun 26, 2013
Closed on
May 28, 2014
Sold by
Grobman Gil and Grobman Gilbert H
Bought by
Feingold Yaakov
Seller's Agent
Barbara Mckale
BHHS Fox & Roach-Marlton
Buyer's Agent
MARJORIE BOWEN
Keller Williams Realty - Cherry Hill
List Price
$239,500
Sold Price
$191,375
Premium/Discount to List
-$48,125
-20.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Haines Edward and Haines Gloria J
Bought by
Grobman Gil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levado 1006 Llc -- Attorney
Feingold Yaakov $191,375 None Available
Grobman Gil $138,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levado 1006 Llc $789,600
Closed Levado 1006 Llc $789,600
Previous Owner Grobman Gil $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $191,375 -20.1% $74 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
06/26/2013 06/26/13 For Sale $239,500 -- $93 / 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 $5,923 $187,600 $37,500 $150,100
2024 $5,699 $187,600 $37,500 $150,100
2023 $5,699 $187,600 $37,500 $150,100
2022 $5,681 $187,600 $37,500 $150,100
2021 $5,574 $187,600 $37,500 $150,100
2020 $5,465 $187,600 $37,500 $150,100
2019 $5,409 $187,600 $37,500 $150,100
2018 $5,367 $187,600 $37,500 $150,100
2017 $5,128 $184,000 $37,500 $146,500
2016 $5,051 $184,000 $37,500 $146,500
2015 $4,992 $184,000 $37,500 $146,500
2014 $4,942 $184,000 $37,500 $146,500
Source: Public Records

Agents Affiliated with this Home

  • Barbara Mckale

    Seller's Agent in 2014

    Barbara Mckale

    BHHS Fox & Roach

    (609) 220-2711

    2 in this area

    93 Total Sales

    Barbara Mckale
    Section Image

  • M

    Buyer's Agent in 2014

    MARJORIE BOWEN

    Keller Williams Realty - Cherry Hill

See All Agents

Map

Source: Bright MLS

MLS Number: 1003504578

Bright MLS

APN: 24-00303-02-00010

New Jersey Burlington County Mount Laurel 08054

219 Willow Turn, Mount Laurel, NJ

Not Listed for Sale

MultiFamily

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