NOT LISTED FOR SALE

40 Southgate Dr Mount Laurel, NJ 08054

Estimated Value: $382,772 - $406,000

3 Beds
2.5 Baths
1,598 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $355,000 $222 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,551/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Stainless Steel Appliances
  • Cherokee High School Rated A-
  • No HOA
  • 1 Car Direct Access Garage

About This Home

As of October 2023

Welcome to this recently updated home that's move-in ready! The eat-in kitchen has newer stainless steel appliances, granite countertops, tile backsplash, beautiful wood cabinetry with tons of storage, recessed lighting, a built-in wine rack, tile floors, and a butler pantry. The formal living room and dining room are open to each other, which make this layout perfect for entertaining! The living area has a large brick fireplace, crown molding with amazing white columns, neutral paint, recessed lighting, and natural light from the 2 sliders that lead to the back patio area. This home has 3 great sized bedrooms including the primary suite with an ensuite bath, and a walk-in closet! All of this plus a fully fenced yard with privacy fencing, and conveniently located to major highways. 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: 09/20/2023

EXP Realty, LLC

Last Buyer's Agent

Shaista Ahmad

(856) 906-7222 shayalvi9988@gmail.com Compass New Jersey, LLC - Moorestown License #2079882

Compass New Jersey, LLC - Moorestown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 1983

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 24.00 x 125.00
  • Stone Retaining Walls

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,598 Sq Ft Home
  • Property has 2 Levels
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Innisfree Subdivision

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 24-01005 06-00021

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,377

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Stainless Steel Appliances, Built-In Microwave, Oven/Range - Gas, Disposal
  • Interior Amenities: Crown Moldings, Ceiling Fan(s), Carpet, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Kitchen
  • Basement: No
  • Total Sq Ft: 1598
  • Living Area Sq Ft: 1598
  • Price Per Sq Ft: 215.89
  • Above Grade Finished Sq Ft: 1598
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Stone Retaining Walls
  • 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: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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: 0.07
  • Lot Dimensions: 24.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Zoning: RESD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5377.00
  • Assessor Parcel Number: 24-01005 06-00021
  • Tax Lot: 00021
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 20, 2023
Sold by
Johnson John R and Johnson Rachel
Bought by
Chakouk Abdelaziz
Seller's Agent
Cristin Holloway
EXP Realty, LLC
Buyer's Agent
Shaista Ahmad
Compass New Jersey, LLC - Moorestown
List Price
$345,000
Sold Price
$355,000
Premium/Discount to List
$10,000
2.9%
Views
115
Current Estimated Value
$396,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,193
Avg. Annual Appreciation
5.16%
Original Mortgage
$337,250
Outstanding Balance
$330,693
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$65,500

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 21, 2020
Sold by
Cohen Sidney J
Bought by
Johnson John R
Seller's Agent
Allie Diorio
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Carole Barocca
BHHS Fox & Roach -Yardley/Newtown
List Price
$254,900
Sold Price
$249,000
Premium/Discount to List
-$5,900
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$199,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1983
Bought by
Cohen Sidney J
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
Chakouk Abdelaziz $355,000 None Listed On Document
Chakouk Abdelaziz $355,000 None Listed On Document
Johnson John R $249,000 Trident Land Transfer Co Llc
Cohen Sidney J $72,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakouk Abdelaziz $337,250
Closed Chakouk Abdelaziz $337,250
Previous Owner Johnson John R $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $355,000 +2.9% $222 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $345,000 +38.6% $216 / Sq Ft
05/28/2020 05/28/20 Sold $249,000 -0.4% $156 / Sq Ft View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
04/25/2020 04/25/20 Price Changed $249,900 -2.0% $156 / Sq Ft
04/14/2020 04/14/20 Price Changed $254,900 0.0% $160 / Sq Ft
04/14/2020 04/14/20 For Sale $254,900 +4.9% $160 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $243,000 -- $152 / 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 $5,607 $177,600 $58,500 $119,100
2024 $5,395 $177,600 $58,500 $119,100
2023 $5,395 $177,600 $58,500 $119,100
2022 $5,378 $177,600 $58,500 $119,100
2021 $5,277 $177,600 $58,500 $119,100
2020 $5,173 $177,600 $58,500 $119,100
2019 $5,120 $177,600 $58,500 $119,100
2018 $5,081 $177,600 $58,500 $119,100
2017 $4,950 $177,600 $58,500 $119,100
2016 $4,875 $177,600 $58,500 $119,100
2015 $4,818 $177,600 $58,500 $119,100
2014 $4,770 $177,600 $58,500 $119,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2053542

Bright MLS

APN: 24-01005-06-00021