NOT LISTED FOR SALE

330 Elbo Ln Mount Laurel, NJ 08054

Estimated Value: $427,000 - $760,000

3 Beds
2 Baths
1,600 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $500,000 $312 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,741/month

Highlights

  • Barn
  • 19 Acre Lot
  • No HOA
  • Lenape High School Rated A-
  • Farmhouse Style Home
  • Horse Farm

About This Home

As of September 2019

Mount Laurel Gentlemens Farm or ladies Farm. Great Schools, Great town and a wonderful place to call home. This property consists of 21.69 beautiful clear and wooded acres. The QFarm consists of 19 acres and MLS #7247488, a 3-bedroom 2 bath 1700 sq. ft ranch home with full basement sits on 2.69 acres. Together both parcels total 21.69 acres. The property includes a 40 x 50 Morton Pole Barn with attached 3 car garage and work shop. This is an amazing piece of property. Currently a working farm, this property could be an amazing private estate, a horse farm, a working Crop, Organic, Lavender or Hops farm as well as having the potential to be developed into a community of homes. With parcels of land this size almost extinct in this wonderful town, this is a unique opportunity to own your own private retreat or develop into something much much more. Public Water and sewer is available. Property is adjacent to Bridlewood

Last Agent to Sell the Property

Michael Meyer

(609) 929-4242 mikemeyer3737@gmail.com Century 21 Alliance-Medford License #8430843 Listed on: 09/07/2018

Century 21 Alliance-Medford

Co-Listed By

Lindsey Binks

(609) 923-6752 lindsey@lindseybinksrealestate.com Keller Williams Realty - Moorestown

Last Buyer's Agent

Michael Meyer

(609) 929-4242 mikemeyer3737@gmail.com Century 21 Alliance-Medford License #8430843 Listed on: 09/07/2018

Century 21 Alliance-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 1986

Lot Details

  • 19 Acre Lot
  • The property's topography is level, part wooded
  • Subdivision Possible
  • Property is zoned AG

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Lenape High School

Farming

  • Barn
  • Crops
  • Horse Farm

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Shed
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006-QFARM
  • Assessor Parcel Number 24-00801-00006-QFARM

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Farm
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1986
  • Remarks Public: Mount Laurel Gentlemens Farm or ladies Farm. Great Schools, Great town and a wonderful place to call home. This property consists of 21.69 beautiful clear and wooded acres. The QFarm consists of 19 acres and MLS #7247488, a 3-bedroom 2 bath 1700 sq. ft ranch home with full basement sits on 2.69 acres. Together both parcels total 21.69 acres. The property includes a 40 x 50 Morton Pole Barn with attached 3 car garage and work shop. This is an amazing piece of property. Currently a working farm, this property could be an amazing private estate, a horse farm, a working Crop, Organic, Lavender or Hops farm as well as having the potential to be developed into a community of homes. With parcels of land this size almost extinct in this wonderful town, this is a unique opportunity to own your own private retreat or develop into something much much more. Public Water and sewer is available. Property is adjacent to Bridlewood
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room Count: 7
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 390.62
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 330

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Barn
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Sewer/Septic System: Septic Exists, Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LENAPE REGIONAL HIGH
  • High School: LENAPE
  • School District Key: 300200397294
  • High School: LENAPE

Lot Info

  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse, Row Crop
  • Land Assessed Value: 6900.00
  • Lot Features: Subdivision Possible
  • Lot Size Acres: 19.00
  • Lot Dimensions: IRREGULAR, LotWidth:375
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 827640.00
  • Topography: Level, Part Wooded
  • Zoning: AG
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1702685
  • Tax Annual Amount: 191.00
  • Assessor Parcel Number: 24-00801-00006-QFARM
  • Tax Lot: 00006-QFARM
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 09/30/2019

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 4, 2019
Sold by
Godfrey Robert E and Estate Of Robert Edwin Godfrey
Bought by
Legal Acres Nursery & Farm Llc
Seller's Agent
Michael Meyer
Century 21 Alliance-Medford
Buyer's Agent
Michael Meyer
Century 21 Alliance-Medford
List Price
$1,395,000
Sold Price
$500,000
Premium/Discount to List
-$895,000
-64.16%
Current Estimated Value
$564,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,365
Avg. Annual Appreciation
7.44%
Original Mortgage
$500,000
Interest Rate
3.75%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Sep 8, 1994
Sold by
Godfrey Robert E and Godfrey Claire V
Bought by
Godfrey Robert E and Godfrey Claire
Source: Public Records

Range of Values:

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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
Legal Acres Nursery & Farm Llc $500,000 Surety Title Company
Godfrey Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legal Acres Nursery & Farm Llc $500,000
Previous Owner Peter S Tocco Building & Remodeling Llc $2,657,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $500,000 -20.0% $313 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $625,000 -55.2% $391 / Sq Ft
09/07/2018 09/07/18 For Sale $1,395,000 -- $872 / 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 $9,121 $288,900 $88,400 $200,500
2024 $8,777 $288,900 $88,400 $200,500
2023 $8,777 $288,900 $88,400 $200,500
2022 $8,748 $288,900 $88,400 $200,500
2021 $8,581 $288,900 $88,400 $200,500
2020 $8,416 $288,900 $88,400 $200,500
2019 $8,329 $288,900 $88,400 $200,500
2018 $8,265 $288,900 $88,400 $200,500
2017 $8,052 $288,900 $88,400 $200,500
2016 $7,930 $288,900 $88,400 $200,500
2015 $7,838 $288,900 $88,400 $200,500
2014 $7,760 $288,900 $88,400 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002772090

Bright MLS

APN: 24-00801-0000-00006