NOT LISTED FOR SALE

38 Majestic Way Marlton, NJ 08053

Estimated Value: $403,000 - $539,000

3 Beds
2.5 Baths
2,453 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $213,370 $87 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,293/month

33 Days on Market

Highlights

  • Colonial Architecture
  • Community Lake
  • Tennis Courts
  • Cherokee High School Rated A-
  • Clubhouse
  • Pool Membership Available

About This Home

As of November 2020

Welcome to Kings Grant! This manicured community offers an abundance of amenities including a golf course, tennis courts, jogging/walking paths, and a community pool. This traditional town home is located on a quiet street that backs up to the golf course. The home offers three bedrooms, two and a half baths, and has a spacious floor plan. The first floor features an open living space complete with fireplace, a formal dining room, an eat-in kitchen, a half bath, and access to the one car garage. Upstairs you'll find the laundry, two bedrooms with ample closet space, and a shared full bath. The primary bedroom is massive with its own balcony, en-suite, and walk in closet. The bathroom includes dual vanities, a stall shower, and a jetted garden tub. On the third floor there is a large room that can be utilized as a family room, bedroom, home gym, office, or playroom. The choice is yours! Conveniently located near shopping, restaurants, and major commuter routes. Property is occupied - Do not trespass, do not disturb occupants.

Last Agent to Sell the Property

Janet Flaherty

(571) 451-3648 Janet@cbflaherty.com Keller Williams Realty - Cherry Hill License #0225252931 Listed on: 09/04/2020

Keller Williams Realty - Cherry Hill

Co-Listed By

Craig Berberich

(856) 745-8909 craig@cbflaherty.com Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Kumar Sadaram

(215) 873-7964 njvalueproperties@gmail.com SRV Realty LLC License #1433732

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,226

Year Built

  • Built in 1988

Lot Details

  • 3,360 Sq Ft Lot
  • Lot Dimensions are 28.00 x 120.00

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2,453 Sq Ft Home
  • Property has 3 Levels
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 13-00052 16-00003

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal
  • Kings Grant HOA, Phone Number (856) 983-6719
  • Kings Grant Subdivision
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Pool Membership Available
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,226

Year Built

Built in 1988

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2453
  • Living Area Sq Ft: 2453
  • Price Per Sq Ft: 134.53
  • Above Grade Finished Sq Ft: 2453
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Golf Course Membership Available, Jog/Walk Path, Lake, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal
  • HOA Name: KINGS GRANT
  • HOA Phone: (856)-983-6719
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 174300.00
  • Land Assessed Value: 70000.00
  • Lot Size Acres: 0.08
  • Lot Dimensions: 28.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3360.00
  • Outdoor Living Structures: Balcony, Patio(s)
  • Zoning: RD-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1648392
  • Tax Annual Amount: 7226.00
  • Assessor Parcel Number: 13-00052 16-00003
  • Tax Lot: 00003
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: EVESHAM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 13, 2020
Sold by
Us Bank Trust Na
Bought by
Sadaram Jaya Raju
Seller's Agent
Janet Flaherty
Keller Williams Realty - Cherry Hill
Buyer's Agent
Kumar Sadaram
SRV Realty LLC
List Price
$330,000
Sold Price
$213,371
Premium/Discount to List
-$116,630
-35.34%
Current Estimated Value
$464,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,574
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Latimore Jameela
Bought by
U S Bank Trust Na and Lsf10 Master Participation Trust

Purchase Details

Closed on
Mar 14, 2008
Sold by
Rodman Leroy
Bought by
Latimore Jameela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 1994
Sold by
Cummings Edward A
Bought by
Rodman Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,419
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sadaram Jaya Raju $213,370 Coastal Title Agency
Sadaram Jaya Raju $213,370 Coastal Title Agency
U S Bank Trust Na -- None Available
Latimore Jameela $255,000 Group 21 Title Agency
Rodman Leroy $122,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latimore Jameela $36,000
Previous Owner Latimore Jameela $204,000
Previous Owner Rodman Leroy $126,419
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $213,371 -35.3% $87 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $330,000 -- $135 / 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 $8,343 $244,300 $70,000 $174,300
2024 $7,849 $244,300 $70,000 $174,300
2023 $7,849 $244,300 $70,000 $174,300
2022 $7,498 $244,300 $70,000 $174,300
2021 $7,322 $244,300 $70,000 $174,300
2020 $7,226 $244,300 $70,000 $174,300
2019 $7,168 $244,300 $70,000 $174,300
2018 $7,068 $244,300 $70,000 $174,300
2017 $6,985 $244,300 $70,000 $174,300
2016 $6,814 $244,300 $70,000 $174,300
2015 $6,694 $244,300 $70,000 $174,300
2014 $6,503 $244,300 $70,000 $174,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL381064

Bright MLS

APN: 13-00052-16-00003