NOT LISTED FOR SALE

352 Salem Rd Moorestown, NJ 08057

Estimated Value: $1,518,000 - $2,066,000

6 Beds
6.5 Baths
6,148 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,365,000 $222 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,180/month

172 Days on Market

Highlights

  • Second Kitchen
  • Pool and Spa
  • 1.5 Acre Lot
  • South Valley Elementary School Rated A+
  • Gourmet Kitchen
  • Dual Staircase

About This Home

As of July 2021

"Grande" best describes this estate home situated on a beautiful 1.50 acre lot with extensive hardscaping and pool. This home boasts over 6100 sq. ft of luxurious living space with an in law suite PLUS a professionally finished walk up basement. Enter the soaring 2 story foyer and notice the custom staircase with decorative metal balusters and hardwood flooring, formal living room with tray ceiling with crown moldings, dining room with decorative trim, tray ceiling and custom lighting. The gourmet kitchen with upgraded wood cabinetry, is a chef's delight and includes granite countertops, a large center island, commercial gas cooktop, double wall ovens and an oversized stainless steel refrigerator plus an amazing breakfast room that overlooks the beautiful private backyard oasis. The large family room with vaulted ceiling is open to the kitchen and features new carpet, a stone fireplace and additional staircase. The 1st floor also has a guest powder room, office with views of the backyard, and a guest suite with living room, small kitchen, bedroom and full bath. The 2nd level has hardwood flooring, 4 LARGE bedrooms with large closets and private baths PLUS a master suite retreat complete with sitting room and a sumptuous master bathroom with double sinks, separate shower and soaking tub. The walk up finished basement has plenty of room for a home gym or theatre room plus a large entertaining area, bath and ample storage rooms. The entire lot is lushly landscaped for plenty of privacy and has hardscaping, paver patios, walkways and pool with spa. Don't miss your chance to see this magnificent home!

Last Agent to Sell the Property

Kristi Kaelin

(856) 235-0101 kristi.kaelin@cbrealty.com Coldwell Banker Realty Listed on: 11/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Cindy Lombardo-Emmel

(609) 977-5862 cindy.lombardoemmel@cbpref.com Coldwell Banker Realty License #9701313

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,016

Year Built

  • Built in 2004

Lot Details

  • 1.5 Acre Lot
  • Stone Retaining Walls
  • Extensive Hardscape
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • 10 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,148 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Fireplace Mantel
  • Mud Room
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Room
  • Butlers Pantry
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior Basement Entry

Pool

  • Pool and Spa
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002 09
  • Assessor Parcel Number 22-07400-00002 09

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,016

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-12
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: "Grande" best describes this estate home situated on a beautiful 1.50 acre lot with extensive hardscaping and pool. This home boasts over 6100 sq. ft of luxurious living space with an in law suite PLUS a professionally finished walk up basement. Enter the soaring 2 story foyer and notice the custom staircase with decorative metal balusters and hardwood flooring, formal living room with tray ceiling with crown moldings, dining room with decorative trim, tray ceiling and custom lighting. The gourmet kitchen with upgraded wood cabinetry, is a chef's delight and includes granite countertops, a large center island, commercial gas cooktop, double wall ovens and an oversized stainless steel refrigerator plus an amazing breakfast room that overlooks the beautiful private backyard oasis. The large family room with vaulted ceiling is open to the kitchen and features new carpet, a stone fireplace and additional staircase. The 1st floor also has a guest powder room, office with views of the backyard, and a guest suite with living room, small kitchen, bedroom and full bath. The 2nd level has hardwood flooring, 4 LARGE bedrooms with large closets and private baths PLUS a master suite retreat complete with sitting room and a sumptuous master bathroom with double sinks, separate shower and soaking tub. The walk up finished basement has plenty of room for a home gym or theatre room plus a large entertaining area, bath and ample storage rooms. The entire lot is lushly landscaped for plenty of privacy and has hardscaping, paver patios, walkways and pool with spa. Don't miss your chance to see this magnificent home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Double, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Additional Stairway, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors, Central Vacuum, 2nd Kitchen, Chair Railings
  • Fireplace Features: Stone, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Breakfast Room, In-Law/AuPair/Suite, Laundry, Mud Room, Office
  • Basement: Yes
  • Basement Type: Full, Interior Access, Poured Concrete, Walkout Stairs, Fully Finished
  • Basement Finished Percent: 75.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 6148
  • Living Area Sq Ft: 6148
  • Price Per Sq Ft: 227.55
  • Above Grade Finished Sq Ft: 6148
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 352

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Hot Tub, Lawn Sprinkler, Stone Retaining Walls
  • Pool Features: Fenced, In Ground, Pool/Spa Combo, Gunite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 13
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 10

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • 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

Lot Info

  • Lot Size Acres: 1.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 65340.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 30016.00
  • Assessor Parcel Number: 22-07400-00002 09
  • Tax Lot: 00002 09
  • Tax Total Finished Sq Ft: 6148
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/23/2021

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jul 23, 2021
Sold by
Jarmain Scott J and Jarmain Carolyn
Bought by
Loh Shang Chuin and Loh Tina
Seller's Agent
Kristi Kaelin
Coldwell Banker Realty
Buyer's Agent
Cindy Lombardo-Emmel
Coldwell Banker Realty
List Price
$1,399,000
Sold Price
$1,365,000
Premium/Discount to List
-$34,000
-2.43%
Current Estimated Value
$1,784,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,499
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,092,000
Outstanding Balance
$995,107
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$789,392

Purchase Details

Listed on
Oct 31, 2013
Closed on
May 27, 2014
Sold by
Whitley Lisa K and Whitley Markus A
Bought by
Jarmain Scott J and Jarmain Carolyn
Seller's Agent
Richard Jordan
BHHS Fox & Roach-Moorestown
Buyer's Agent
Colleen O'Hara
BHHS Fox & Roach-Moorestown
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$65,000
Interest Rate
4.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2007
Sold by
Whitley Markus A and Whitley Lisa K
Bought by
Whitley Lisa K

Purchase Details

Closed on
Mar 30, 2004
Sold by
Orleans Corp
Bought by
Whitley Markus A and Whitley Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 6, 2002
Sold by
Moorestown Farms Lp
Bought by
Orleans Corp
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
Loh Shang Chuin $1,365,000 First American Title Ins Co
Jarmain Scott J $1,300,000 Victorian Title Agency Inc
Whitley Lisa K -- None Available
Whitley Markus A $1,049,570 Settlers Title Agency
Orleans Corp $410,000 Settlers Title Agency Lp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loh Shang Chuin $1,092,000
Previous Owner Jarmain Scott J $65,000
Previous Owner Jarmain Scott J $1,040,000
Previous Owner Whitley Markus A $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $1,365,000 -2.4% $222 / Sq Ft
05/11/2021 05/11/21 For Sale $1,399,000 0.0% $228 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,399,000 +2.5% $228 / Sq Ft
12/21/2020 12/21/20 Off Market $1,365,000 -- --
11/12/2020 11/12/20 For Sale $1,399,000 +7.6% $228 / Sq Ft
05/27/2014 05/27/14 Sold $1,300,000 -13.3% $211 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $1,499,000 -- $244 / 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 $32,623 $1,149,900 $250,000 $899,900
2024 $30,927 $1,149,900 $250,000 $899,900
2023 $30,927 $1,124,200 $250,000 $874,200
2022 $30,612 $1,124,200 $250,000 $874,200
2021 $30,207 $1,124,200 $250,000 $874,200
2020 $30,016 $1,124,200 $250,000 $874,200
2019 $29,488 $1,124,200 $250,000 $874,200
2018 $28,690 $1,124,200 $250,000 $874,200
2017 $28,937 $1,124,200 $250,000 $874,200
2016 $28,836 $1,124,200 $250,000 $874,200
2015 $28,487 $1,124,200 $250,000 $874,200
2014 $27,048 $1,124,200 $250,000 $874,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL385708

Bright MLS

APN: 22-07400-0000-00002-09