NOT LISTED FOR SALE

318 Locust St Moorestown, NJ 08057

West Moorestown Neighborhood

Estimated Value: $189,000 - $543,000

3 Beds
1 Bath
1,252 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $63,000 $50 Per Sq Ft

Est. 488% increase in value since last sale

Current estimated payment $2,389/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • Forced Air Heating System
  • George C. Baker Elementary School Rated A
  • No HOA
  • 1-minute walk to Locust Park

About This Home

As of May 2019

Property being sold "As-Is". Bank will not be making any repairs. This property is now under auction terms. All offers should be submitted through www.Auction.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval.

Last Agent to Sell the Property

Darryl Murphy

Keller Williams Realty - Moorestown Listed on: 04/19/2019

Keller Williams Realty - Moorestown

Last Buyer's Agent

Darryl Murphy

Keller Williams Realty - Moorestown Listed on: 04/19/2019

Keller Williams Realty - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1900

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • 1,252 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Lot Dimensions are 30.00 x 190.00
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 22-02106-00021

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,195

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1900
  • Remarks Public: Property being sold "As-Is". Bank will not be making any repairs. This property is now under auction terms. All offers should be submitted through www.Auction.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Attic
  • Levels Count: 2
  • Room Count: 6
  • Room List: Kitchen, Basement
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 1252
  • Living Area Sq Ft: 1252
  • Price Per Sq Ft: 46.33
  • Above Grade Finished Sq Ft: 1252
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 318

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396965
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 49400.00
  • Land Assessed Value: 72400.00
  • Lot Dimensions: 30.00 x 190.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1683624
  • Tax Annual Amount: 3195.00
  • Assessor Parcel Number: 22-02106-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 1252
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 05/24/2019

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 20, 2019
Sold by
The Bank Of New York Mellon
Bought by
Patel Rakesh Chhotabhai
Seller's Agent
Darryl Murphy
Keller Williams Realty - Moorestown
Buyer's Agent
Darryl Murphy
Keller Williams Realty - Moorestown
List Price
$58,000
Sold Price
$63,000
Premium/Discount to List
$5,000
8.62%
Current Estimated Value
$370,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,702
Avg. Annual Appreciation
29.46%

Purchase Details

Closed on
May 14, 2018
Sold by
Price Forbes and Cach Of New Jersey Llc
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 29, 2001
Sold by
Gerst Alice M
Bought by
Price Forbes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,794
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1999
Sold by
Tracy Elizabeth K
Bought by
Gerst Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,690
Interest Rate
7.6%
Source: Public Records

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Range of Values:

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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
Patel Rakesh Chhotabhai $63,000 Tri County Title Svcs Llc
The Bank Of New York Mellon $31,830 None Available
Price Forbes $78,000 Group 21 Title Agency
Gerst Alice M $77,000 Collegiate Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Forbes $169,500
Previous Owner Price Forbes $120,000
Previous Owner Price Forbes $15,000
Previous Owner Price Forbes $15,000
Previous Owner Price Forbes $76,794
Previous Owner Gerst Alice M $74,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $63,000 +8.6% $50 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $58,000 -- $46 / 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
2024 $3,893 $141,500 $72,400 $69,100
2023 $3,893 $141,500 $72,400 $69,100
2022 $3,317 $121,800 $72,400 $49,400
2021 $3,216 $121,800 $72,400 $49,400
2020 $3,252 $121,800 $72,400 $49,400
2019 $3,195 $121,800 $72,400 $49,400
2018 $3,108 $121,800 $72,400 $49,400
2017 $3,135 $121,800 $72,400 $49,400
2016 $3,124 $121,800 $72,400 $49,400
2015 $3,086 $121,800 $72,400 $49,400
2014 $2,931 $121,800 $72,400 $49,400
Source: Public Records

Agents Affiliated with this Home

  • Darryl Murphy

    Seller's Agent in 2019

    Darryl Murphy

    Keller Williams Realty - Moorestown

    (856) 996-5380

    1 Total Sale

    Darryl Murphy
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Map

Source: Bright MLS

MLS Number: NJBL342586

Bright MLS

APN: 22-02106-0000-00021

New Jersey Burlington County Moorestown 08057 West Moorestown

318 Locust St, Moorestown, NJ

This home is located at 318 Locust St, Moorestown, NJ 08057 since 19 April 2019 and is currently estimated at $370,702, approximately $296 per square foot. This property was built in 1900. 318 Locust St is a home located in Burlington County with nearby schools including George C. Baker Elementary School, Moorestown Upper Elementary School, and William Allen Middle School.

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