NOT LISTED FOR SALE

31 E Centennial Dr Medford, NJ 08055

Estimated Value: $1,213,020 - $1,587,000

5 Beds
5.5 Baths
5,295 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $585,000 $110 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $9,291/month

254 Days on Market

Highlights

  • Water Oriented
  • Waterfront
  • Deck
  • Haines Memorial 6th Grade Center Rated A-
  • 1.44 Acre Lot
  • Contemporary Architecture

About This Home

As of March 2013

It's not an Adirondack Mountains luxury resort. But live here and feel like you're on vacation every day. With unparalled Medford lakefront property views, this amazing 4 or 5 bedroom secluded retreat wants you to call it home. From your gourmet kitchen cooktop look out to the huge Great Room with vaulted ceiling, the rear patios and panoramic lake views. The combination Family Room/Dining Room w/gleaming hardwood floors also provides gorgeous lake views. The main level Master Suite includes a 14'x11' bath w/double sinks, jetted tub and huge glass enclosed deluxe shower; a 14'x10' walk in closet w/custom built-ins; Laundry; & Bedroom w/its own deck overlooking the lake. The upper level has 3 nice size bedrooms w/lake views, and 2 full baths. The lower level features a Gym, Wine Bar, 5th BR/Office, full bath & large Play/Game room. This could be an in-law suite. 1.44 beautifully landscaped acres, multiple patios overlooking the lake, a fenced pet area, fire pit & path to a lovely private dock on the lake.

Last Agent to Sell the Property

Thomas Hodge

(609) 828-4251 thodgerealtor@gmail.com EXP Realty, LLC License #0566795 Listed on: 05/21/2012

EXP Realty, LLC

Last Buyer's Agent

Jason Gareau

(609) 929-4486 jason@thejasongareauteam.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,746

Year Renovated

  • 2003

Lot Details

  • 1.44 Acre Lot
  • Waterfront
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Laundry on main level
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Medford Township Memorial Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • Association fees include common area maintenance

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 20-06205-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,746

Year Renovated

2003

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Renovated: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Master Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Water Treat System, Exposed Beams, Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Stucco, Brick
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Baseboard, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 410.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes

Schools

  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Improvement Assessed Value: 296300.00
  • Land Assessed Value: 257300.00
  • Lot Features: Sloping, Trees/Wooded, Front Yard, Rear Yard
  • Lot Size Acres: 1.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 62883.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1679232
  • Tax Annual Amount: 24746.00
  • Assessor Parcel Number: 20-06205-00004
  • Tax Lot: 00004
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2012
Sold by
Cartus Financial Corporation
Bought by
Nistad Jay and Nistad Katie
Current Estimated Value
$1,373,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Callahan Robert D and Callahan Lisa B
Bought by
Cartus Financial Corporation

Purchase Details

Closed on
Aug 27, 2008
Sold by
Morse Paul J and Morse April
Bought by
Callahan Robert D and Callahan Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Morse Paul J
Bought by
Morse Paul J and Morse April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
6.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 5, 2006
Sold by
Francis Peter and Francis Leslie
Bought by
Morse Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 22, 2001
Sold by
Yost Alfred Marshall and Yost Ruth Townsend
Bought by
Francis Peter H and Francis Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nistad Jay $585,000 Core Title
Cartus Financial Corporation $917,500 None Available
Callahan Robert D $1,413,500 None Available
Morse Paul J -- Surety Title Corp
Morse Paul J $1,350,000 Reality Title Agency
Francis Peter H $450,000 Surety Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nistad Jay $417,000
Previous Owner Callahan Robert D $900,000
Previous Owner Morse Paul J $992,000
Previous Owner Morse Paul J $230,000
Previous Owner Francis Peter H $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $585,000 -13.3% $110 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $675,000 0.0% $127 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/09/2012 11/09/12 Price Changed $675,000 -6.9% $127 / Sq Ft
09/18/2012 09/18/12 Price Changed $725,000 -6.5% $137 / Sq Ft
08/02/2012 08/02/12 Price Changed $775,000 -3.1% $146 / Sq Ft
07/09/2012 07/09/12 Price Changed $799,900 -3.0% $151 / Sq Ft
06/15/2012 06/15/12 Price Changed $825,000 -5.7% $156 / Sq Ft
05/21/2012 05/21/12 For Sale $875,000 -- $165 / 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 $24,928 $702,400 $246,100 $456,300
2024 $23,010 $702,400 $246,100 $456,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003973356

Bright MLS

APN: 20-06205-0000-00004