NOT LISTED FOR SALE

305 Cherry Rd Marlton, NJ 08053

Estimated Value: $452,000 - $471,000

3 Beds
1.5 Baths
1,672 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $442,500 $265 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,168/month

65 Days on Market

Highlights

  • Community Boat Dock
  • Beach
  • Water Access
  • Cherokee High School Rated A-
  • Home fronts navigable water
  • Lake Privileges

About This Home

As of October 2024

Discover the allure and tranquility of Marlton Lakes, where this captivating 3-bedroom, 1.5-bath bi-level home is set in a serene lake community that exudes a rural, forested ambiance within a suburban setting. Close to main roads, exceptional shopping, dining, and mere minutes from Philadelphia and the Jersey shore, this location is a true gem. Wildlife is abundant, with deer and otters often spotted by the lake. Neighbors are friendly yet distant enough to ensure privacy, amidst the wooded tranquility. The lake, a family paradise with two beaches, tennis, basketball, and boat launch access for canoes and kayaks, promises endless fun. Nearby Black Run Preserve invites nature lovers to explore its hiking trails. The home itself boasts great curb appeal with its beautiful landscaping and window boxes. Inside, the main entrance greets you with new tile flooring, leading to an upper level adorned with hardwood floors throughout and an open design that includes an eat-in kitchen and living room. The primary bedroom and additional bedrooms are of ample size. The full bath, remodeled with a double sink, wainscoting, tile floor, and updated shower, ensure a private retreat. The lower level features a cozy family room with a wood-burning fireplace and a large storage area ripe for conversion into a fourth bedroom, complete with backyard egress. The updated half bath, which can easily become a full bath by adding a shower, complements the home’s charm, offering modern fixtures and finishes. The backyard is a shaded sanctuary with mature trees, ample space for a garden, and outdoor activities. The updated TREX deck, perfect for barbecues and gatherings, overlooks this idyllic setting. Adding to the convenience is a one-car garage, providing secure parking and additional storage. With a host of updates including the water heater, air conditioner, furnace with humidifier, well (recently serviced on 7/23), and septic system (which was rated for a 4-bedroom home) this property is a testament to quality living. Coupled with an excellent school system, Marlton Lakes is not just a residence; it’s a picturesque backdrop for life’s best moments. Come, be enchanted.

Last Agent to Sell the Property

Gina Argentina

(856) 235-0101 gina.argentina@cbpref.com Coldwell Banker Realty License #1752036 Listed on: 07/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Donna Clementoni

(856) 428-2600 nadine.grassi@foxroach.com BHHS Fox & Roach - Haddonfield License #1642751

BHHS Fox & Roach - Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,076

Year Built

  • Built in 1973

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100.00 x 200.00
  • Home fronts navigable water
  • South Facing Home
  • Property is in excellent condition
  • Property is zoned RD-1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 3 Driveway Spaces
  • Front Facing Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Storage Room
  • Laundry on lower level
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Water Access
  • Property is near a lake
  • Lake Privileges

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Greater Than The Number Of Bedrooms
  • Septic Tank

Listing and Financial Details

  • Tax Lot 00002
  • Assessor Parcel Number 13-00081 06-00002

Community Details

Overview

  • Marlton Lakes Civic Association
  • Marlton Lakes Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Beach
  • Tennis Courts
  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,076

Year Built

Built in 1973

Lot Details

0.46 Acres

HOA Fees

$50 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Inclusions: Refrigerator, Stove, Dishwasher, Washer, Dryer, Swing Set
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-07-26
  • Federal Flood Zone: No
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet
  • Fireplace Features: Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Storage Room, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1672
  • Living Area Sq Ft: 1672
  • Price Per Sq Ft: 268.54
  • Above Grade Finished Sq Ft: 1672
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists, Septic > # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 600.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Beach, Lake, Tennis Courts, Water/Lake Privileges, Boat Dock/Slip
  • HOA Name: MARLTON LAKES CIVIC ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 100.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19998.00
  • Property Condition: Very Good, Excellent
  • Zoning: RD-1

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 8076.00
  • Assessor Parcel Number: 13-00081 06-00002
  • Tax Lot: 00002
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: EVESHAM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 29, 2024
Sold by
Weber Peter and Weber Rebecca
Bought by
Johnston Wesley R and Johnston Kaitlin J
Seller's Agent
Gina Argentina
Coldwell Banker Realty
Buyer's Agent
Donna Clementoni
BHHS Fox & Roach - Haddonfield
List Price
$449,900
Sold Price
$442,500
Premium/Discount to List
-$7,400
-1.64%
Views
127
Current Estimated Value
$461,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,340
Avg. Annual Appreciation
3.15%
Original Mortgage
$420,375
Outstanding Balance
$414,673
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$47,167

Purchase Details

Listed on
Jul 20, 2018
Closed on
Nov 5, 2018
Sold by
Mtglq Investors Lp
Bought by
Weber Peter and Weber Rebeccca
Seller's Agent
Leonard Ginchereau
Keller Williams Realty - Moorestown
Buyer's Agent
Jeffrey Baals
Keller Williams Realty - Moorestown
List Price
$175,500
Sold Price
$150,000
Premium/Discount to List
-$25,500
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.35%
Original Mortgage
$208,662
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2018
Sold by
Skanes Shawn
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jan 28, 2005
Sold by
Skanes William J and Skanes Joan M
Bought by
Skanes Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.24%
Mortgage Type
Unknown
Source: Public Records
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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
Johnston Wesley R $442,500 None Listed On Document
Johnston Wesley R $442,500 None Listed On Document
Johnston Wesley R $442,500 None Listed On Document
Weber Peter $150,000 Foundation Title Llc
Mtglq Investors Lp -- None Available
Skanes Shawn $240,000 Settlers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Wesley R $420,375
Closed Johnston Wesley R $420,375
Previous Owner Weber Peter $208,662
Previous Owner Skanes Shawn $28,000
Previous Owner Skanes Shawn $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $442,500 -1.4% $265 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $449,000 -0.2% $269 / Sq Ft
09/06/2024 09/06/24 For Sale $449,900 0.0% $269 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $449,900 +199.9% $269 / Sq Ft
12/28/2018 12/28/18 Sold $150,000 -6.2% $90 / Sq Ft View Prior Sale
12/22/2018 12/22/18 Price Changed $159,900 0.0% $96 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $159,900 -8.9% $96 / Sq Ft
09/06/2018 09/06/18 For Sale $175,500 0.0% $105 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $175,500 -- $105 / Sq Ft
Source: Bright MLS

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 $8,585 $257,700 $100,000 $157,700
2024 $8,077 $251,400 $100,000 $151,400
2023 $8,077 $251,400 $100,000 $151,400
2022 $7,715 $251,400 $100,000 $151,400
2021 $7,534 $251,400 $100,000 $151,400
2020 $7,436 $251,400 $100,000 $151,400
2019 $7,376 $251,400 $100,000 $151,400
2018 $7,273 $251,400 $100,000 $151,400
2017 $7,188 $251,400 $100,000 $151,400
2016 $7,012 $251,400 $100,000 $151,400
2015 $6,888 $251,400 $100,000 $151,400
2014 $6,692 $251,400 $100,000 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2069616

Bright MLS

APN: 13-00081-06-00002

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