NOT LISTED FOR SALE

305 Melrose Ave Cinnaminson, NJ 08077

Estimated Value: $348,000 - $411,000

4 Beds
2 Baths
1,668 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $305,000 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,473/month

Highlights

  • No HOA
  • Bungalow
  • 5-minute walk to Garfield Park
  • Cinnaminson High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2022

Gorgeously renovated and ready for your move-in, 305 Melrose Drive is that home you've been waiting for to hit the market! Situated on a quiet, tree lined street in desirable Cinnaminson, this fabulous home sits on a large quarter of an acre lot and boasts tons of perks that are sure to please you! Let's begin to list all of the new upgrades this home includes! --Your new diggs has brand new flooring through-out and fresh paint throughout, as well! Downstairs features modern new luxury vinyl plank and upstairs features new carpet on the steps and more new luxury vinyl tile in the bedrooms and hall! All rooms have new lighting fixtures and/or fans and all interior doors have been replaced, along with a new storm door, too! 4 spacious bedrooms are featured in this lovely home (one of which is on the first floor next to the dining room- making it easy to get to and a perk to this room owner would be that they do not have to go upstairs to the second level to get to their room!). A large kitchen, perfect for entertaining is also included- with stunning new Quartz counter tops, a large pop-out nook window for plants, garbage disposal, and all included appliances!! A big formal dining room is next to your gorgeous new kitchen, and a spacious living room with a fireplace is next to that! The first floor also features a convenient FULL bathroom (one of two total- the other one is upstairs)! The first floor also has a back door with easy access to a beautiful and spacious backyard with tons of room for any activities you choose and an included shed for additional storage purposes! There is also a basement for storage needs that features two new sump pumps and a French drain! The house also features tons of natural light throughout! This beautiful home is located on a quiet street, but is not too far from convenient commuting roads, the Riverton Country Club, and it’s just a bike ride away from the scenic Delaware River! Don’t miss out on this perfect move-in-ready home! Schedule your appointment now!

Last Agent to Sell the Property

Alyssa Frysinger

RE/MAX Affiliates License #1862330 Listed on: 08/12/2022

RE/MAX Affiliates

Last Buyer's Agent

Ken Milgrom

Honest Real Estate License #AB069668

Honest Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,815

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 55.00 x 200.00

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

Unfinished Basement

  • Water Proofing System
  • Drainage System
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 08-01603-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,815

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Gorgeously renovated and ready for your move-in, 305 Melrose Drive is that home you've been waiting for to hit the market! Situated on a quiet, tree lined street in desirable Cinnaminson, this fabulous home sits on a large quarter of an acre lot and boasts tons of perks that are sure to please you! Let's begin to list all of the new upgrades this home includes! --Your new diggs has brand new flooring through-out and fresh paint throughout, as well! Downstairs features modern new luxury vinyl plank and upstairs features new carpet on the steps and more new luxury vinyl tile in the bedrooms and hall! All rooms have new lighting fixtures and/or fans and all interior doors have been replaced, along with a new storm door, too! 4 spacious bedrooms are featured in this lovely home (one of which is on the first floor next to the dining room- making it easy to get to and a perk to this room owner would be that they do not have to go upstairs to the second level to get to their room!). A large kitchen, perfect for entertaining is also included- with stunning new Quartz counter tops, a large pop-out nook window for plants, garbage disposal, and all included appliances!! A big formal dining room is next to your gorgeous new kitchen, and a spacious living room with a fireplace is next to that! The first floor also features a convenient FULL bathroom (one of two total- the other one is upstairs)! The first floor also has a back door with easy access to a beautiful and spacious backyard with tons of room for any activities you choose and an included shed for additional storage purposes! There is also a basement for storage needs that features two new sump pumps and a French drain! The house also features tons of natural light throughout! This beautiful home is located on a quiet street, but is not too far from convenient commuting roads, the Riverton Country Club, and it’s just a bike ride away from the scenic Delaware River! Don’t miss out on this perfect move-in-ready home! Schedule your appointment now!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Sump Pump, Unfinished, Water Proofing System, Drainage System
  • Total Sq Ft: 1668
  • Living Area Sq Ft: 1668
  • Price Per Sq Ft: 182.79
  • Above Grade Finished Sq Ft: 1668
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 68400.00
  • Land Assessed Value: 65100.00
  • Lot Size Acres: 0.25
  • Lot Dimensions: 55.00 x 200.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10999.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1617477
  • Tax Annual Amount: 4815.00
  • Assessor Parcel Number: 08-01603-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1668
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 09/28/2022

MLS Schools

  • School District Name: CINNAMINSON TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 28, 2022
Sold by
Malcolm Jamie T
Bought by
Santiago Carrera S
Seller's Agent
Alyssa Frysinger
RE/MAX Affiliates
Buyer's Agent
Ken Milgrom
Honest Real Estate
List Price
$309,900
Sold Price
$305,000
Premium/Discount to List
-$4,900
-1.58%
Views
44
Current Estimated Value
$384,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,428
Avg. Annual Appreciation
8.13%
Original Mortgage
$289,760
Outstanding Balance
$277,853
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$106,575

Purchase Details

Closed on
Dec 2, 2021
Sold by
Wheat John W
Bought by
Malcolm Jamie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.12%
Mortgage Type
Construction

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 29, 2013
Sold by
Farrow Russell C
Bought by
Wheat John W
Seller's Agent
Jim Capobianco
BHHS Fox & Roach-Moorestown
Buyer's Agent
Jim Capobianco
BHHS Fox & Roach-Moorestown
List Price
$139,900
Sold Price
$138,000
Premium/Discount to List
-$1,900
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$131,100
Interest Rate
4.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Santiago Carrera S $305,000 --
Santiago Carrera S $305,000 None Listed On Document
Malcolm Jamie T $200,000 Gilman Cory J
Wheat John W $138,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Carrera S $289,760
Closed Santiago Carrera S $289,760
Previous Owner Malcolm Jamie T $220,000
Previous Owner Wheat John W $131,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $305,000 0.0% $183 / Sq Ft
08/17/2022 08/17/22 Price Changed $304,900 -1.6% $183 / Sq Ft
08/12/2022 08/12/22 For Sale $309,900 +124.6% $186 / Sq Ft
08/29/2013 08/29/13 Sold $138,000 -1.4% $72 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $139,900 -- $73 / 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 $5,085 $133,500 $65,100 $68,400
2024 $4,962 $133,500 $65,100 $68,400
2023 $4,962 $133,500 $65,100 $68,400
2022 $4,854 $133,500 $65,100 $68,400
2021 $4,815 $133,500 $65,100 $68,400
2020 $4,769 $133,500 $65,100 $68,400
2019 $4,702 $133,500 $65,100 $68,400
2018 $4,669 $133,500 $65,100 $68,400
2017 $4,620 $133,500 $65,100 $68,400
2016 $4,556 $133,500 $65,100 $68,400
2015 $4,412 $133,500 $65,100 $68,400
2014 $4,201 $133,500 $65,100 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2031480

Bright MLS

APN: 08-01603-0000-00010