NOT LISTED FOR SALE

4 Penny Ln Medford, NJ 08055

Estimated Value: $835,000 - $841,000

4 Beds
2.5 Baths
3,102 Sq Ft
$270/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $480,000 $155 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,693/month

12 Days on Market

Highlights

  • In Ground Pool
  • 4.36 Acre Lot
  • 1 Fireplace
  • Haines Memorial 6th Grade Center Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of March 2020

Welcome to your personal 3,100 square foot, 4 acre paradise in the beautiful Reserve at Medford. This colonial style home boasts unique architectural features coupled with modern amenities. Polished hardwood flooring almost throughout the entirety of the home, 6 panel doors with lever handles, recessed lighting throughout the home, and ample natural light shining through the multiple windows. Step through the front door into the grand foyer with two coat closets and a large second story window allowing sunlight to cover the space. Go into the kitchen to find 42-cabinetry trimmed with crown molding, granite counter tops, stainless steel appliances, 2 deep sinks, decorative columns, and a glass tile back splash. Look out through the bay windows in the breakfast room over the acres of nature. The open layout of the family room is perfect for entertaining, and includes a gas fireplace with a custom mantel and blower, easy access to the back yard, and large windows and sliding back door. Other useful rooms include a powder room, office space, laundry room, and large basement ready to be created into a personal gym, play room, office space, etc. The master bedroom encompasses a walk-in closet, tray ceilings, and an immense master bathroom with a soaking tub, linen closet, and two sinks. The other three graciously spaced bedrooms share a tile bathroom with a personal linen closet. When the warm weather hits, there will be no reason to leave with a large in-ground pool and plenty of foliage. This home is able to sit privately on a cul-de-sac of only 11 other homes, while also in close proximity to restaurants, the Promenade Shopping Center, Kings Grant Community Center, and the Links Golf Course. Also, there's easy access to Route 73 for a straight shot to the shore or the city. Not to mention the highly rate school district keeps this home's value high for years to come. Schedule an appointment today!

Last Agent to Sell the Property

Vincent Mancini

(267) 242-9976 vincent@ironman-realtor.com KW Empower License #RS338007 Listed on: 01/22/2020

KW Empower

Last Buyer's Agent

Kim Rock

(215) 740-5643 kim@thekimrockgroup.com Keller Williams Real Estate-Langhorne License #0999803

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,696

Year Built

  • Built in 1995

Lot Details

  • 4.36 Acre Lot
  • Property is zoned RGD

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 3,102 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas

Additional Features

  • More Than Two Accessible Exits
  • In Ground Pool

Community Details

  • No Home Owners Association
  • The Reserve Subdivision

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 20-05503 01-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,696

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance
  • Total Sq Ft: 3102
  • Living Area Sq Ft: 3102
  • Price Per Sq Ft: 157.93
  • Above Grade Finished Sq Ft: 3102
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • 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: Frame
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Built In, Covered Parking, Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 4.36
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 190096.00
  • Zoning: RGD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13696.00
  • Assessor Parcel Number: 20-05503 01-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 20, 2020
Sold by
Adibi Sina M and Adibi Bernadette
Bought by
Dickinson David A and Diccinson Vanessa Marione
Seller's Agent
Vincent Mancini
KW Empower
Buyer's Agent
Kim Rock
Keller Williams Real Estate-Langhorne
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%
Current Estimated Value
$837,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,658
Avg. Annual Appreciation
10.30%
Original Mortgage
$384,000
Outstanding Balance
$338,783
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$498,875

Purchase Details

Closed on
May 4, 1995
Sold by
Paparone Custom Properties Inc
Bought by
Adibi Sina M and Adibi Bernadette

Purchase Details

Closed on
Oct 28, 1994
Sold by
Kings Grant Evesham Corp
Bought by
Paparone Housing Company Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dickinson David A $480,000 Surety Title Company
Adibi Sina M $270,640 Peoples Title Agency Inc
Paparone Custom Properties Inc -- Peoples Title Agency Inc
Paparone Housing Company Inc $87,500 Congress Title Division
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickinson David A $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $480,000 -2.0% $155 / Sq Ft
03/17/2020 03/17/20 For Sale $489,900 0.0% $158 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $489,900 -- $158 / 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 $15,339 $432,200 $112,900 $319,300
2024 $14,340 $432,200 $112,900 $319,300
2023 $14,340 $432,200 $112,900 $319,300
2022 $14,047 $432,200 $112,900 $319,300
2021 $13,969 $432,200 $112,900 $319,300
2020 $13,882 $432,200 $112,900 $319,300
2019 $13,696 $432,200 $112,900 $319,300
2018 $13,506 $432,200 $112,900 $319,300
2017 $13,411 $432,200 $112,900 $319,300
2016 $13,364 $432,200 $112,900 $319,300
2015 $13,165 $432,200 $112,900 $319,300
2014 $12,763 $432,200 $112,900 $319,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL365072

Bright MLS

APN: 20-05503-01-00004