NOT LISTED FOR SALE

488 Drexel Ave Lawrence Township, NJ 08648

Estimated Value: $609,529 - $655,000

3 Beds
2 Baths
2,108 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $350,000 $166 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,256/month

Highlights

  • In Ground Pool
  • 0.9 Acre Lot
  • Wooded Lot
  • Lawrence High School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of August 2018

Located on a quaint tree lined street across from The Nature Center and Drexel Woods, this home will not disappoint. From the street, notice the Japanese Maple that shades the front lawn and carefully manicured plantings. The curb appeal and beauty of nature's surroundings are undeniable and blend well with the warm, earthy stone front of this lovely home. Nestled perfectly with towering trees and endless greenery as it's backdrop, this feels like home. Words that come to mind when describing this Cape-Cod style home are simple, traditional and peaceful tranquility. As you pass through the solid oak front door, you will immediately feel a sense of history with era features throughout. This is where the charm, character and whispers from yesteryear begin. Take note of the built-in bookcases, formal living and dining spaces, custom woodwork, arched doorways and stately brick fireplace which all add to the timeless grace. Other character features that will charm you include custom moldings, corner cupboards and original flooring that echoes sound from the past. An added bonus is the sun room where you can enjoy the changing of the seasons. Just down the hall, the first-floor master is spacious and offers privacy. Upstairs is a wonderful family room bordered by two more bedrooms. The rear yard is a park-like setting that will absolutely astonish you. Attention gardeners, nature lovers or anyone that enjoys the outdoors, this will be right in your lane. Fruit tree orchards and fertile planting beds are weaved throughout. An inground pool is centered amongst all the colorful flowering trees and plants. This is the ideal combination of nature's best and a tropical resort all rolled into one. With the protected preserve bordering the property, your privacy will be secured. If you are looking for a charming home, tucked away- this is the one! Close to all the main attractions such as shopping, transportation, restaurants and downtown Princeton only furthers the value. Imagine the reward- Don't wait!

Last Agent to Sell the Property

William Chulamanis

(609) 577-2319 william.chulamanis@cbmoves.com Coldwell Banker Residential Brokerage - Princeton License #124303 Listed on: 06/04/2018

Coldwell Banker Residential Brokerage - Princeton

Last Buyer's Agent

BOZENA WISNIEWSKI

(609) 306-4355 bozenaw@ymail.com Century 21 Veterans-Pennington License #0903572

Century 21 Veterans-Pennington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,047

Year Built

  • Built in 1954

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 200x195
  • Wooded Lot
  • Property is zoned R-2B

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,108 Sq Ft Home
  • Property has 1.5 Levels
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

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

Accessible Home Design

  • Mobility Improvements

Outdoor Features

  • In Ground Pool
  • Shed

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00038
  • Assessor Parcel Number 07-01301-00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,047

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Inclusions: All Appliances, Jacuzzi, Pool Equipment
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Tile/Brick
  • Interior Amenities: Dining Area
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Outside Entrance
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2108
  • Living Area Sq Ft: 2108
  • Net Sq Ft: 2108.00
  • Price Per Sq Ft: 177.85
  • Above Grade Finished Sq Ft: 2108
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding, Stone
  • 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
  • Open Parking Spaces Count: 3
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 251500.00
  • Land Assessed Value: 109000.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.90
  • Lot Dimensions: 200X195
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39000.00
  • Zoning: R-2B

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2127623
  • Tax Annual Amount: 10047.00
  • Assessor Parcel Number: 07-01301-00038
  • Tax Lot: 00038
  • Tax Year: 2017

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 17, 2018
Sold by
Remde Ala H and Remde Emmeline B
Bought by
Korwek Marek
Seller's Agent
William Chulamanis
Coldwell Banker Residential Brokerage - Princeton
Buyer's Agent
BOZENA WISNIEWSKI
Century 21 Veterans-Pennington
List Price
$389,900
Sold Price
$350,000
Premium/Discount to List
-$39,900
-10.23%
Current Estimated Value
$633,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,882
Avg. Annual Appreciation
8.60%
Original Mortgage
$10,000
Outstanding Balance
$6,104
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$627,778

Purchase Details

Closed on
Jul 29, 2010
Sold by
Shea David E and Shea June Langley
Bought by
Remde Alan H and Remde Emmeline B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,200
Interest Rate
4.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Korwek Marek $350,000 Goldstone Title Agency Llc
Remde Alan H $426,500 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korwek Marek $10,000
Previous Owner Remde Alan H $341,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $350,000 -6.6% $166 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $374,900 -3.8% $178 / Sq Ft
06/04/2018 06/04/18 For Sale $389,900 -- $185 / 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 $11,168 $360,500 $109,000 $251,500
2024 $10,945 $360,500 $109,000 $251,500
2023 $10,945 $360,500 $109,000 $251,500
2022 $10,747 $360,500 $109,000 $251,500
2021 $10,610 $360,500 $109,000 $251,500
2020 $10,462 $360,500 $109,000 $251,500
2019 $10,328 $360,500 $109,000 $251,500
2018 $10,094 $360,500 $109,000 $251,500
2017 $10,047 $360,500 $109,000 $251,500
2016 $9,899 $360,500 $109,000 $251,500
2015 $9,625 $360,500 $109,000 $251,500
2014 $9,445 $360,500 $109,000 $251,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001767526

Bright MLS

APN: 07-01301-0000-00038