NOT LISTED FOR SALE

221 Willow Turn Mount Laurel, NJ 08054

Mount Laurel Area

Estimated Value: $328,271 - $445,000

Studio
-- Bath
2,584 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2014

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

Est. 103% increase in value since last sale

Current estimated payment $2,659 / mo

261 Days on Market

Highlights

  • Water Oriented
  • No HOA
  • Forced Air Heating and Cooling System
  • Lenape High School Rated A-
  • 2 Car Attached Garage
  • West Facing Home

About This Home

As of May 2014

This is a great turnkey investment for the novice or seasoned investor.The duplex can generate a positive cash flow.Inquire for complete financial&other details,including cash flow&Return on Investment(ROI)analysis.Unit A,located on the first and second floors,has 2BRS,1 1/2bath.This large apartment has tile&new carpet throughout&rents for 1,075a month.The current tenant lease is through 12/31/13.Unit B,located on the second&third floors,has 2BRS,2 1/2baths.There is a loft that could be used as a study,playroom,etc.This xtra-lg apartment has a large storage area off the master bedroom,tile&new carpet throughout rents for 1,200 a month.The current tenant has a lease through 2/28/14.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 County,close to Rt38,Rt295,Rt73&the NJTP.

Last Agent to Sell the Property

Barbara Mckale

(856) 810-5300 Barbara.McKale@foxroach.com BHHS Fox & Roach-Marlton License #8439578 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

  • 3,892 Sq Ft Lot
  • Lot Dimensions are 28x139
  • West Facing Home
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

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

Interior Spaces

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Water Oriented
  • Property is near a lake

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Gas Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 24-00303 02-00011

Community Details

Overview

  • No Home Owners Association
  • Larchmont Subdivision

Building Details

  • Insurance Expense $598
  • Maintenance Expense $325
  • Operating Expense $7,829

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,155

Year Built

Built in 1980

Lot Details

3,892 Sq Ft Lot

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
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Flooring Type: Fully Carpeted
  • 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 Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • 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: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Heat Pump - Gas Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 1751.00
  • 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: 28X139
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3892.00
  • Property Condition: Good
  • Zoning: DUPLX

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 27300.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 1696591
  • Tax Annual Amount: 5155.00
  • Assessor Parcel Number: 24-00303 02-00011
  • Tax Lot: 00011
  • Tax Year: 2013

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2016
Sold by
Bought by
Current Estimated Value
$388,568

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
Interest Rate
0.0359%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 26, 2013
Closed on
May 28, 2014
Sold by
Bought by
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
5.98%

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
0.0581%
Mortgage Type
Fannie Mae Freddie Mac
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$191,375 None Available
$242,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $333,000
Open $789,600
Previous Owner $193,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,305 $187,600 $37,500 $150,100
2025 $6,305 $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

    84 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: 1003504560

Bright MLS

APN: 24-00303-02-00011

New Jersey Burlington County Mount Laurel 08054

221 Willow Turn, Mount Laurel, NJ

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