NOT LISTED FOR SALE

27 E Centennial Dr Medford, NJ 08055

Estimated Value: $942,000 - $1,478,020

Studio
-- Bath
3,921 Sq Ft
$312/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $550,000 $140 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $9,242/month

15 Days on Market

Highlights

  • 901 Feet of Waterfront
  • Private Dock Site
  • Fishing Allowed
  • Haines Memorial 6th Grade Center Rated A-
  • Indoor Pool
  • Panoramic View

About This Home

As of May 2020

HAVE YOU EVER DREAMED OF WAKING UP TO A PANORAMIC VIEW OF THE LAKE IN ONE OF THE PREMIERE LAKEFRONT COMMUNITIES IN SOUTH JERSEY? Your opportunity awaits! Welcome to the biggest plot of land on Centennial Lake in prime Medford. This 4-acre piece of land is complete with almost 1000 feet of lake frontage and its own private peninsula for your family and friends to enjoy. Don't want to pack up the family and take them down to the lake? No need to worry about that. You can simply walk out your backdoor to your own private lake and dock access. Use the footprint of the current "tear-down" to build your own DREAM HOUSE! For you history enthusiasts. this property is also rich in local history. Arthur W. Lewis, a founding member of the Centennial Pines Club and one of its original residents, built this home in 1958 on an ideal spot on the east side of the lake, including the peninsula known as Zephyr Point. Opportunity awaits!!! ENTER PROPERTY AT YOUR OWN RISK. Conditions may be unsafe due to the amount of clutter throughout the premises.

Last Agent to Sell the Property

Shaun Parker

(609) 864-4825 shaun.j.parker@gmail.com Century 21 Alliance-Moorestown License #1974659 Listed on: 04/08/2020

Century 21 Alliance-Moorestown

Last Buyer's Agent

Donna Bittle

(609) 234-3375 dbittle6@gmail.com Weichert Realtors-Medford License #9798136

Weichert Realtors-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,333

Year Built

  • Built in 1958

Lot Details

  • 4.05 Acre Lot
  • Lot Dimensions are 273.72x49.56x480x901x337.32
  • 901 Feet of Waterfront
  • Home fronts navigable water
  • Northeast Facing Home
  • Private Lot
  • Wooded Lot
  • Property is in below average condition
  • Property is zoned RGD-2

Parking

  • 1 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Driveway

Property Views

  • Lake
  • Panoramic

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 3,921 Sq Ft Home
  • Property has 1.5 Levels
  • Unfinished Basement

Pool

  • Indoor Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near a lake
  • Swimming Allowed
  • Private Dock Site

Schools

  • Cranberry Pine Elementary School
  • Memorial Middle School
  • Shawnee High School

Utilities

  • Well
  • Municipal Trash
  • On Site Septic

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 20-06205-00003

Community Details

Overview

  • No Home Owners Association
  • Association fees include common area maintenance, recreation facility
  • Centennial Pines Club HOA
  • Centennial Lake Subdivision

Recreation

  • Fishing Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,333

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Levels Count: 1.5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3921
  • Living Area Sq Ft: 3921
  • Price Per Sq Ft: 137.72
  • Above Grade Finished Sq Ft: 3921
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: Concrete, In Ground, Indoor
  • Road Surface Type: Black Top
  • View: Lake, Panoramic
  • Water Access Features: Canoe/Kayak, Private Access, Swimming Allowed, Fishing Allowed
  • Water Access: Yes
  • Water Body Name: Centennial Lake
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 901

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 10
  • Garage Features: Garage - Side Entry, Inside Access, Built In, Additional Storage Area
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: On Site Septic
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Recreation Facility
  • HOA Name: CENTENNIAL PINES CLUB
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CRANBERRY PINE E.S.
  • High School: SHAWNEE H.S.
  • Middle Or Junior School: MEMORIAL

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 110300.00
  • Land Assessed Value: 342000.00
  • Lot Features: Private, Trees/Wooded
  • Lot Size Acres: 4.05
  • Lot Dimensions: 273.72x49.56x480x901x337.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 176418.00
  • Property Condition: Major Rehab Needed, Below Average
  • Zoning: RGD-2

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Multi Family

  • Waterfront Features: Private Dock Site

Tax Info

  • Assessor Parcel Number: 1679231
  • Tax Annual Amount: 14333.00
  • Assessor Parcel Number: 20-06205-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Lawrence Naomi and Franz Gerard
Bought by
Revocable Trust Of Naomi Lawrence and Revocable Trust Of Gerard M Franz
Current Estimated Value
$1,224,005

Purchase Details

Listed on
Apr 8, 2020
Closed on
May 15, 2020
Sold by
Kenney Joseph T and Estate Of Houshang Kaveh
Bought by
Lawrence Naomi and Franz Gerard
Seller's Agent
Shaun Parker
Century 21 Alliance-Moorestown
Buyer's Agent
Donna Bittle
Weichert Realtors-Medford
List Price
$540,000
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Dec 29, 2010
Sold by
Kaveh Houshang and Kaveh Veronica
Bought by
Kaveh Houshang
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
Revocable Trust Of Naomi Lawrence -- None Listed On Document
Revocable Trust Of Naomi Lawrence -- None Listed On Document
Lawrence Naomi $550,000 None Available
Kaveh Houshang -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $550,000 +1.9% $140 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $540,000 -- $138 / 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 $34,099 $960,800 $342,000 $618,800
2024 $14,689 $960,800 $342,000 $618,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL368770

Bright MLS

APN: 20-06205-0000-00003