NOT LISTED FOR SALE

38 Palmer Dr Unit 109 Moorestown, NJ 08057

Estimated Value: $554,000 - $656,000

4 Beds
2.5 Baths
2,532 Sq Ft
$241/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $386,500 $153 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,383/month

79 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • South Valley Elementary School Rated A+
  • Community Pool
  • Living Room

About This Home

As of May 2017

Largest model Laurel Creek townhome available! This home has four bedrooms--three stories plus a finished basement and over 2,500 square feet of living space! There are newly refinished maple hardwood floors throughout the first floor. The first floor flows beautifully from the formal living and dining rooms to the large family room and kitchen. The kitchen has been upgraded with gorgeous quartzite counters, stainless steel appliances and has an open concept with an expanded breakfast room area illuminated by surrounding windows and skylight. The family room is large and includes a gas fireplace and recessed lighting making instant coziness for winter and a perfect layout for entertaining. Upstairs is a large master suite with large closet and ensuite bath. There are two other bedrooms on this floor as well as the laundry room. The 4th bedroom is on the third floor, is very large and could also be used as an office or den. The basement is finished, with a large walk-in cedar closet, and makes for a perfect play area. Sellers have recently installed a new ADP security system with cameras too! Laurel Creek is one of Moorestown's most desirable neighborhoods, and the association takes care of lawn & snow maintenance. This unit has an expansive view from the front door as it's right across from a beautiful pool, clubhouse and tennis courts for resident's use. This home is very close to Wegman's, Virtua gym & spa and all of Moorestown's newest restaurants as well as easily accessible to 295. Make your appointment to see this great home today!

Last Agent to Sell the Property

Cristin Holloway

(856) 229-0133 cholloway8@me.com EXP Realty, LLC Listed on: 01/22/2017

EXP Realty, LLC

Last Buyer's Agent

Beth Vassalotti

(609) 410-8111 homesbybethv@gmail.com Tesla Realty Group LLC License #1224286

Tesla Realty Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,116

Year Built

  • Built in 1999

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,532 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00109-C109
  • Assessor Parcel Number 22-09402-00109-C109

Community Details

Overview

  • Association fees include pool(s)
  • Laurel Creek Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,116

Year Built

Built in 1999

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Dr/Kitchen Chandelier (To Be Replaced)
  • Inclusions: Refrigerator, Washer, Dryer (Neg.)
  • New Construction: No
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Net Sq Ft: 2532.00
  • Price Per Sq Ft: 157.94
  • Above Grade Finished Sq Ft: 2532
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Stone
  • Access To Pool: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 325.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 265400.00
  • Land Assessed Value: 90000.00
  • Lot Dimensions: CONDO
  • Lot Size Units: Square Feet
  • Property Attached Yn: Yes
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21898410
  • Tax Annual Amount: 9116.00
  • Assessor Parcel Number: 22-09402-00109-C109
  • Tax Lot: 00109-C109
  • Tax Year: 2016

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Ammons Debra J
Bought by
Mancine Joseph and Mancine Maryann
Current Estimated Value
$609,463

Purchase Details

Closed on
Aug 12, 2021
Sold by
Murabito Patricia C
Bought by
Ammons Debra J

Purchase Details

Listed on
Jan 22, 2017
Closed on
May 26, 2017
Sold by
Hulse Janie and Najenson Damian
Bought by
Murabito Patricia C
Seller's Agent
Cristin Holloway
EXP Realty, LLC
Buyer's Agent
Beth Vassalotti
Tesla Realty Group LLC
List Price
$410,000
Sold Price
$386,500
Premium/Discount to List
-$23,500
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$308,492
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2013
Closed on
Aug 2, 2013
Sold by
Vargas Nelson and Higuita Sandra Liliana Vargas
Bought by
Hulse Janie
Seller's Agent
Mary Ann Holloway
Keller Williams Realty - Moorestown
Buyer's Agent
Brian Menchel
Connection Property Management
List Price
$389,900
Sold Price
$385,000
Premium/Discount to List
-$4,900
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%
Original Mortgage
$308,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Nicolazzo Thomas and Nicolazzo Joan
Bought by
Vargas Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2001
Sold by
Nicolazzo Joan and Diramio Joan
Bought by
Nicolazzo Thomas and Nicolazzo Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 19, 2000
Sold by
Diramio Frank
Bought by
Diramio Joan

Purchase Details

Closed on
Apr 1, 1999
Sold by
Laurel Creek Lp
Bought by
Diramio Frank and Diramio Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.83%
Mortgage Type
Stand Alone First
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
Mancine Joseph $550,000 Connection Title
Mancine Joseph $550,000 Connection Title
Ammons Debra J $490,000 Surety Title Company Llc
Murabito Patricia C $386,500 None Available
Hulse Janie $385,000 First American Title Ins Co
Vargas Nelson $385,000 Surety Title Corp
Nicolazzo Thomas -- --
Diramio Joan -- --
Diramio Frank $245,344 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murabito Patricia C $308,492
Previous Owner Hulse Janie $308,000
Previous Owner Vargas Nelson $365,750
Previous Owner Nicolazzo Thomas $165,000
Previous Owner Diramio Frank $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2017 05/23/17 Sold $386,500 -3.4% $153 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/11/2017 03/11/17 Price Changed $399,900 -1.7% $158 / Sq Ft
02/21/2017 02/21/17 Price Changed $407,000 -0.7% $161 / Sq Ft
01/22/2017 01/22/17 For Sale $410,000 +6.5% $162 / Sq Ft
08/12/2013 08/12/13 Sold $385,000 -1.3% $152 / Sq Ft View Prior Sale
07/23/2013 07/23/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $389,900 -- $154 / 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 $10,083 $355,400 $90,000 $265,400
2024 $9,777 $355,400 $90,000 $265,400
2023 $9,777 $355,400 $90,000 $265,400
2022 $9,678 $355,400 $90,000 $265,400
2021 $9,550 $355,400 $90,000 $265,400
2020 $9,489 $355,400 $90,000 $265,400
2019 $9,322 $355,400 $90,000 $265,400
2018 $9,140 $355,400 $90,000 $265,400
2017 $9,132 $355,400 $90,000 $265,400
2016 $9,116 $355,400 $90,000 $265,400
2015 $9,006 $355,400 $90,000 $265,400
2014 $8,551 $355,400 $90,000 $265,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000069626

Bright MLS

APN: 22-09402-0000-00109-0000-C109