NOT LISTED FOR SALE

2603 Gramercy Way Unit 2603 Mount Laurel, NJ 08054

Estimated Value: $385,386 - $404,000

3 Beds
2.5 Baths
1,678 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $225,000 $134 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,838/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Corner Lot
  • Lenape High School Rated A-
  • Attic
  • Breakfast Area or Nook

About This Home

As of October 2016

Townehome with a rare basement! Rehabbed and ready for immediate occupancy! Nothing to do but unpack your suitcase. New kitchen with granite counter and stainless appliances. New lighting fixtures. Tasteful and neutral silver/grey paint. Hardwood floors. Fully finished basement. Townehome community has it's own playground!

Last Agent to Sell the Property

WILLIAM BILL GERACE

bill.gerace@kw.com Keller Williams Realty - Marlton License #TREND:CGERACWI Listed on: 09/11/2016

Last Buyer's Agent

Michelle Carite

(609) 923-2735 MichelleCarite@aol.com Weichert Realtors - Moorestown License #233422

Weichert Realtors - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 2001 | Remodeled in 2016

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,678 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Play Equipment

Schools

  • Lenape High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Property is in good condition

Community Details

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash
  • $525 Other One-Time Fees
  • Essex Place Subdivision

Listing and Financial Details

  • Tax Lot 00034 02-C2603
  • Assessor Parcel Number 24-00301 21-00034 02-C2603

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,852

Year Built

Built in 2001 | Remodeled in 2016

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Clothes Washer, Dryer, Refrigerator, Dishwasher, Microwave
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2001
  • Year Renovated: 2016
  • Remarks Public: Townehome with a rare basement! Rehabbed and ready for immediate occupancy! Nothing to do but unpack your suitcase. New kitchen with granite counter and stainless appliances. New lighting fixtures. Tasteful and neutral silver/grey paint. Hardwood floors. Fully finished basement. Townehome community has it's own playground!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Trash Compactor, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Butlers Pantry, Ceiling Fan(s), Wet/Dry Bar, Breakfast Area
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 10
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1678
  • Living Area Sq Ft: 1678
  • Net Sq Ft: 1678.00
  • Price Per Sq Ft: 134.09
  • Above Grade Finished Sq Ft: 1678
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2603

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Play Equipment
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 525.00
  • Other Fees Frequency: One Time

Schools

  • School District: LENAPE REGIONAL HIGH
  • High School: LENAPE
  • School District Key: 300200397294
  • High School: LENAPE

Lot Info

  • Improvement Assessed Value: 168200.00
  • Land Assessed Value: 45000.00
  • Lot Features: Corner
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1696005
  • Tax Annual Amount: 5852.00
  • Assessor Parcel Number: 24-00301 21-00034 02-C2603
  • Tax Lot: 00034 02-C2603
  • Tax Year: 2016
  • Close Date: 10/18/2016

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2017
Sold by
Luyber Ronald A
Bought by
Devicaris Wendy
Current Estimated Value
$398,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$149,517
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$248,580

Purchase Details

Listed on
Sep 11, 2016
Closed on
Nov 16, 2016
Sold by
Cnl Properties
Bought by
Luyber Ronald
Seller's Agent
WILLIAM BILL GERACE
Keller Williams Realty - Marlton
Buyer's Agent
Michelle Carite
Weichert Realtors - Moorestown
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$180,000
Interest Rate
3.57%

Purchase Details

Closed on
Jul 18, 2016
Sold by
Ofak Nicholas T and Ofak Michelle D
Bought by
Cnl Properties Llc

Purchase Details

Closed on
Oct 30, 2003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,385
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 2001
Sold by
Orleans Construction Corp
Bought by
Chamberlain Christopher M and Chamberlin Emily L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
7.08%
Mortgage Type
FHA
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
Devicaris Wendy $225,000 S&H Abstract Co
Luyber Ronald -- --
Cnl Properties Llc $155,000 Attorney
-- $215,900 --
Chamberlain Christopher M $155,025 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devicaris Wendy $180,000
Previous Owner Chamberlain Christopher M $180,000
Previous Owner Chamberlain Christopher M --
Previous Owner Ofak Nicholas T $95,000
Previous Owner Ofak Nicholas T $80,900
Previous Owner -- $32,385
Previous Owner Chamberlain Christopher M $137,600
Previous Owner Chamberlain Christopher M $25,800
Previous Owner Chamberlain Christopher M $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $225,000 0.0% $134 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $225,000 0.0% $134 / Sq Ft
02/01/2015 02/01/15 Rented $1,600 -15.8% --
01/11/2015 01/11/15 Under Contract -- -- --
11/20/2014 11/20/14 For Rent $1,900 -- --
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 $6,731 $213,200 $45,000 $168,200
2024 $6,477 $213,200 $45,000 $168,200
2023 $6,477 $213,200 $45,000 $168,200
2022 $6,456 $213,200 $45,000 $168,200
2021 $6,334 $213,200 $45,000 $168,200
2020 $6,211 $213,200 $45,000 $168,200
2019 $6,147 $213,200 $45,000 $168,200
2018 $6,100 $213,200 $45,000 $168,200
2017 $5,942 $213,200 $45,000 $168,200
2016 $5,852 $213,200 $45,000 $168,200
2015 $5,784 $213,200 $45,000 $168,200
2014 $5,727 $213,200 $45,000 $168,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002507368

Bright MLS

APN: 24-00301-21-00034-02-C2603