NOT LISTED FOR SALE

401 Preston Rd Cherry Hill, NJ 08034

Estimated Value: $396,000 - $433,000

3 Beds
1.5 Baths
1,614 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $165,000 $102 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,782/month

46 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Central Air

About This Home

As of June 2017

Adorable Corner Lot home in the delightful Kingston Community in Prestigious Cherry Hill! Nestled on a lovely lot with trees, this rural idyllic home is ready to welcome your family to stay! Enjoy an easy flow floor plan with a large living space, great eat-in kitchen, three spacious bedrooms, a bonus sunroom, and large laundry room, and a walk-up attic! BRAND NEW Granite Countertops and stylish backslash are being installed! This is not your typical bank-owned property! Nothing beats this great location - conveniently close to commuter roadways 70 and 295 and just around the corner from local shopping, dining, schools, and more! Check out this sweet home in the most charming of established Cherry Hill neighborhoods! We can't wait to welcome you to your new Home Sweet Home! Schedule your tour today!

Last Agent to Sell the Property

Cheryl Dare

(856) 556-0637 cheryl@movinginnj.com Real Broker, LLC License #566253 Listed on: 03/10/2017

Real Broker, LLC

Last Buyer's Agent

Anne Marie Mullin

(215) 757-6100 amullin@kw.com Keller Williams Real Estate-Langhorne

Keller Williams Real Estate-Langhorne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,858

Year Built

  • Built in 1955

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 90x110

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,614 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Kingston Elementary School
  • Carusi Middle School
  • Cherry Hill High - West

Utilities

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

Community Details

  • No Home Owners Association
  • Kingston Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 09-00338 18-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,858

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: As-Is
  • Inclusions: As-Is
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1614
  • Living Area Sq Ft: 1614
  • Net Sq Ft: 1614.00
  • Price Per Sq Ft: 110.90
  • Above Grade Finished Sq Ft: 1614
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding, Brick
  • Access To Pool: No
  • 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
  • Open Parking Spaces Count: 2
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

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

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

Schools

  • Elementary School: KINGSTON
  • High School: CHERRY HILL HIGH - WEST
  • Middle Or Junior School: CARUSI

Lot Info

  • Improvement Assessed Value: 115800.00
  • Land Assessed Value: 58800.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 90X110
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9900.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1821901
  • Tax Annual Amount: 6858.00
  • Assessor Parcel Number: 09-00338 18-00001
  • Tax Lot: 00001
  • Tax Year: 2016

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 25, 2017
Sold by
Wilmington Savings Fund Socety
Bought by
Ferraro Michael J
Seller's Agent
Cheryl Dare
Real Broker, LLC
Buyer's Agent
Anne Marie Mullin
Keller Williams Real Estate-Langhorne
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$412,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,033
Avg. Annual Appreciation
11.21%
Original Mortgage
$162,011
Interest Rate
3.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2016
Sold by
Bellitz Samantha Laura
Bought by
Wilmington Savings Fund Society
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
Ferraro Michael J $165,000 City Abstract Llc
Wilmington Savings Fund Society -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferraro Michael J $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $165,000 -7.8% $102 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/07/2017 04/07/17 Price Changed $179,000 -5.3% $111 / Sq Ft
03/10/2017 03/10/17 For Sale $189,000 -- $117 / 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 $7,785 $174,600 $58,800 $115,800
2024 $7,337 $174,600 $58,800 $115,800
2023 $7,337 $174,600 $58,800 $115,800
2022 $7,134 $174,600 $58,800 $115,800
2021 $7,157 $174,600 $58,800 $115,800
2020 $7,070 $174,600 $58,800 $115,800
2019 $7,066 $174,600 $58,800 $115,800
2018 $7,047 $174,600 $58,800 $115,800
2017 $6,951 $174,600 $58,800 $115,800
2016 $6,858 $174,600 $58,800 $115,800
2015 $6,750 $174,600 $58,800 $115,800
2014 $6,675 $174,600 $58,800 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003179207

Bright MLS

APN: 09-00338-18-00001