NOT LISTED FOR SALE

372 Salem Rd Moorestown, NJ 08057

Estimated Value: $1,138,000 - $1,444,000

1.52 Acres
$868,245 Price per Acre
66,211 Sq Ft Lot

Last Sold May 23, 2014

Last sale price $260,000

Est. 408% increase in value since last sale

Current estimated payment $8,770/month

Highlights

  • 1.52 Acre Lot
  • No HOA
  • 2-minute walk to John Pryor M.D. Park
  • South Valley Elementary School Rated A+
  • En-Suite Primary Bedroom

About This Lot

As of May 2014

Priced to sell, there are 3 conjoining lots. All have approvals and surveys with perk test. The only thing required is to design the septic for the septic cert and you're to build your dream home.

Last Agent to Sell the Property

Lorie Benardella

(609) 315-8067 lorie@lnf.com Long & Foster Real Estate, Inc. Listed on: 10/25/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Diane Hogan-Akras

(609) 238-2255 dianehoganrealtor@hotmail.com Keller Williams Realty - Cherry Hill License #8435269

Keller Williams Realty - Cherry Hill

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,904

Lot Details

  • 1.52

Utilities

  • Approved Septic System
  • On Site Septic
  • Phone Available
  • Cable TV Available

Additional Features

  • En-Suite Primary Bedroom
  • 1.52 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00002 03
  • Assessor Parcel Number 22-07400-00002 03

Property Details

Property Type

Land

Est. Annual Taxes

$5,904

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Remarks Public: Priced to sell, there are 3 conjoining lots. All have approvals and surveys with perk test. The only thing required is to design the septic for the septic cert and you're to build your dream home.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Room List: Primary Bedroom
  • Price Per Sq Ft: 4.53
  • Street Number Modifier: 372

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Approved System, On Site Septic
  • Utilities: Water 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

Schools

  • School District: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396965

Lot Info

  • Lot Size Acres: 1.52
  • Lot Dimensions: 200X332, LotWidth:200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 66211.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1688611
  • Tax Annual Amount: 5904.00
  • Assessor Parcel Number: 22-07400-00002 03
  • Tax Lot: 00002 03
  • Tax Year: 2013
  • Close Date: 05/23/2014

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
May 23, 2014
Sold by
Ragan Richard and Ragan Renee Shepley
Bought by
Yan Billy and Yan Jade
Seller's Agent
Lorie Benardella
Long & Foster Real Estate, Inc.
Buyer's Agent
Diane Hogan-Akras
Keller Williams Realty - Cherry Hill
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Current Estimated Value
$1,319,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,059,732
Avg. Annual Appreciation
15.37%
Original Mortgage
$512,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 2008
Sold by
Calco
Bought by
Ragan Richard and Ragan Rene Shepley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Yan Billy $260,000 Surety Title Company
Ragan Richard $405,000 Fidelity Title Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yan Billy $512,000
Previous Owner Ragan Richard $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $260,000 -13.3% --
02/17/2014 02/17/14 Pending -- -- --
10/25/2012 10/25/12 For Sale $300,000 -- --
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 $21,278 $750,000 $250,900 $499,100
2024 $20,633 $750,000 $250,900 $499,100
2023 $20,633 $750,000 $250,900 $499,100
2022 $20,423 $750,000 $250,900 $499,100
2021 $20,153 $750,000 $250,900 $499,100
2020 $20,025 $750,000 $250,900 $499,100
2019 $19,673 $750,000 $250,900 $499,100
2018 $21,251 $832,700 $250,900 $581,800
2017 $21,434 $832,700 $250,900 $581,800
2016 $21,359 $832,700 $250,900 $581,800
2015 $21,101 $250,900 $250,900 $0
2014 $6,037 $250,900 $250,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004147204

Bright MLS

APN: 22-07400-0000-00002-03