NOT LISTED FOR SALE

40 Spring Mill Ln Cherry Hill, NJ 08003

Estimated Value: $958,746 - $1,018,000

6 Beds
7 Baths
5,858 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $875,000 $149 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,477/month

27 Days on Market

Highlights

  • 0.74 Acre Lot
  • Curved or Spiral Staircase
  • Marble Flooring
  • Cherry Hill High-East High School Rated A
  • Traditional Floor Plan
  • Traditional Architecture

About This Home

As of August 2024

Situated on a spacious, approximately three-quarters of an acre, double lot in Charleston Riding, this all-brick home with its sprawling circular driveway boasts of a majestic entrance and a two-story foyer. Nestled amongst nature’s luscious trees and foliage, it makes a beautiful backdrop for this residence. Entertaining is effortless and a connoisseur’s delight. With high end appointed Sub-Zero and Bosch appliances, your family and or guests will enjoy dining at the eat-in kitchen island or having buffet service to bring to the breakfast room to catch the morning sun, formal dining room or other areas of the house. With multiple refrigerators, a walk-in pantry and versatility of dynamic, well-lit interior rooms, a finished basement and exterior grounds equipped with a natural gas line for an outdoor grill, enjoyment and recreation can readily transition from casual to formal and back again. Inclusive for all ages, this property strikes a wonderful balance between a homey environment and a stately one affording privacy and serenity as well as opportunity for community. With room for a tennis court or swimming pool and replete with an expansive patio and ample options for sporting activities, there are large areas for children to play and adults to entertain. The off-white Italian ceramic floor makes for comfort and easy maintenance. Granite countertops adorn the custom kitchen cabinets. Built-in double ovens and microwave create an atmosphere catering to hearty appetites with ease of cooking. Additionally, there is a bright and cheerful breakfast-sunroom offering quintessential tranquility while enjoying the sun’s rays streaming through the skylights. A bedroom with a full bath is next to the kitchen on the first floor. The laundry room, also a landing site for the second-floor laundry chute, has lots of cabinets and is adjacent to the large double car garage entrance. The garage boasts a side room, excellent for storage, with separate egress. The piece de resistance awaits in the romantic dining room hosting more than sixteen people for a sit-down meal. Inlaid teak adorns the flooring and enriches the beauty, while double French doors connect those eating in the breakfast room. Elegantly designed, the powder room has inlaid teak flooring. A lavish formal living room with custom Stark carpeting enhances the furnishings. The den/library provides built-in wooden shelves and serves as a readers' wonderland, computer room, office or Television room. Adjacent, is the expansive family room set on oak parquet flooring keeping the easy to clean theme throughout the home. A custom-working fireplace is enhanced by the nearby bar area with granite countertops and magnificently crafted built-ins. The accoutrements include a wet bar with copper sink. Continuing with the grandeur of the home, an impressive circular staircase introduces you to the upper level where the master suite and four additional bedrooms are separated by a landing overlooking the foyer. The master suite boasts of enormous walk-in closets and two complete bathrooms, stall shower, steam, and luxurious bathtub. The four other large bedrooms are complemented by two bathrooms. Closets galore, there is no shortage of storage space. No stone was left unturned, even a cedar closet with access to the attic and luggage closet are on the second floor. While heading to the finished basement, you are pleasantly surprised by parquet flooring and carpeting, lending itself to fun and games for children and adults. In addition to a plethora of amenities, the house benefits from a central vacuum system, exterior sprinkler system, burglar and fire alarm, 5 Zone air conditioning and 4 Zone heating. Charleston Riding is a great neighborhood located near the finest schools, hospitals, shopping, and is close proximity to Philadelphia, The Atlantic City Shore, Museums, and ninety minutes from New York.

Last Agent to Sell the Property

Anne Koons

(856) 261-5111 akoons@comcast.net BHHS Fox & Roach-Cherry Hill License #RS287830 Listed on: 05/10/2024

BHHS Fox & Roach-Cherry Hill

Last Buyer's Agent

Lori MacHenry

(609) 410-6142 lmachenry@weichert.com Weichert Realtors-Haddonfield License #1326985

Weichert Realtors-Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,631

Year Built

  • Built in 1970

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 220.00 x 146.00
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shake Roof

Interior Spaces

  • 5,858 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Marble Fireplace
  • Double Pane Windows
  • Double Hung Windows
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Built-In Range
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Solid Hardwood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Laundry Chute

Outdoor Features

  • Exterior Lighting

Schools

  • James Johnson Elementary School
  • Beck Middle School
  • Cherry Hill High - East

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Charleston Riding Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 09-00412 01-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,631

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: all personal items, all Tv's, all furniture, all artwork,piano, pool table, chandelier in Dining room, 2 chandeliers in kitchen, wall mirror in primary bedroom, mirror in the foyer
  • Inclusions: all appliances, all window treatments, all light fixtures, washer & dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-10
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Cooktop, Dishwasher, Dryer, Oven - Double, Oven - Wall, Range Hood, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Carpet, Marble, Solid Hardwood
  • Interior Amenities: Built-Ins, Butlers Pantry, Cedar Closet(s), Carpet, Crown Moldings, Curved Staircase, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Pantry, Laundry Chute, Recessed Lighting, Skylight(s), Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Window Treatments, Wood Floors, Primary Bath(s), Wet/Dry Bar, Attic
  • Window Features: Skylights, Double Pane, Double Hung, Casement
  • Fireplace Features: Wood, Marble
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Foyer, Sun/Florida Room, Laundry, Office, Bonus Room
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5858
  • Living Area Sq Ft: 5858
  • Price Per Sq Ft: 162.17
  • Above Grade Finished Sq Ft: 5858
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Underground Lawn Sprinkler
  • Roof: Shake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JAMES JOHNSON
  • High School: CHERRY HILL HIGH - EAST
  • Middle Or Junior School: BECK

Lot Info

  • Lot Size Acres: 0.74
  • Lot Dimensions: 220.00 x 146.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32121.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 25631.00
  • Assessor Parcel Number: 09-00412 01-00012
  • Tax Lot: 00012
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 31, 2024
Sold by
Wells Estine F
Bought by
Zheng Yan Feng and Li Yan
Seller's Agent
Anne Koons
BHHS Fox & Roach-Cherry Hill
Buyer's Agent
Lori MacHenry
Weichert Realtors-Haddonfield
List Price
$999,999
Sold Price
$875,000
Premium/Discount to List
-$124,999
-12.5%
Views
262
Current Estimated Value
$996,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,249
Avg. Annual Appreciation
9.94%
Original Mortgage
$665,000
Outstanding Balance
$658,656
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$337,593

Purchase Details

Closed on
Jan 28, 1976
Bought by
Wells Richard and Wells Estine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Yan Feng $875,000 Surety Title
Zheng Yan Feng $875,000 Surety Title
Wells Richard $241,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Yan Feng $665,000
Closed Zheng Yan Feng $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $875,000 -7.9% $149 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $950,000 -5.0% $162 / Sq Ft
05/10/2024 05/10/24 For Sale $999,999 -- $171 / 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 $27,200 $610,000 $105,000 $505,000
2024 $25,632 $610,000 $105,000 $505,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2067994

Bright MLS

APN: 09-00412-01-00012