NOT LISTED FOR SALE

5 Drake Ct Mount Laurel, NJ 08054

Stonegate Neighborhood

Estimated Value: $460,086 - $495,000

4 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold July 29, 2016

Last sale price $273,000

Est. 75% increase in value since last sale

Current estimated payment $3,354/month

About This Home

As of July 2016

Welcome to The Essex Model by Procacci Homes! Unique opportunity to rent this newly constructed home. This home features an open floor plan with a 2 story foyer. Gathering room that flows into a gourmet kitchen with spacious Island overlooking the bright morning room! Kitchen features wood floors, granite counters, hood vent and tile backsplash. Stainless steel appliances. Pantry and 1st floor laundry. The Gathering room features a 2 story gas fire place with stone wall. First floor also has 9' ceilings with recessed lights in all rooms, a Study that could be an additional bedroom and full bath. Also formal living room and dining room. Upstairs you will find the owners suite with large walk in closets and a custom tile bath with soaking tub and shower. 3 additional spacious bedrooms with generous closets. All with recessed light upgrades. Full walkout basement with extra high ceilings. 2 Zone heat, tank-less water heater, 2 Car garage with openers. On a cul-de-sac. Call Today! Good credit a must! Income 2.5x rent. No pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2019
Sold by
Soderstrom Dorothea
Bought by
Soderstrom Dorothea G and Soderstrom Irrevoca Dorothes G
Current Estimated Value
$479,022

Purchase Details

Listed on
Sep 11, 2015
Closed on
Jul 29, 2016
Sold by
Krouse Joseph E
Bought by
Soderstrom Dorothy
Seller's Agent
Jack Yao
Realmart Realty, LLC
Buyer's Agent
Michael Williams
Better Homes and Gardens Real Estate Maturo
List Price
$279,900
Sold Price
$273,000
Premium/Discount to List
-$6,900
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$268,055
Outstanding Balance
$216,887
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$262,135

Purchase Details

Closed on
Sep 28, 1994
Sold by
Hovnanian Adult Communities Inc
Bought by
Krouse Joseph E and Krouse Dorothy L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Soderstrom Dorothea G -- None Available
Soderstrom Dorothy $273,000 Surety Title Co
Krouse Joseph E $160,770 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soderstrom Dorothy $268,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Rented $2,750 -52.2% --
06/08/2022 06/08/22 Under Contract -- -- --
05/16/2022 05/16/22 Price Changed $5,750 -4.2% --
05/10/2022 05/10/22 For Rent $6,000 0.0% --
07/29/2016 07/29/16 Sold $273,000 -2.5% $150 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $279,900 0.0% $154 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
04/20/2016 04/20/16 Price Changed $279,900 -1.8% $154 / Sq Ft
11/10/2015 11/10/15 Price Changed $284,900 -1.7% $157 / Sq Ft
09/11/2015 09/11/15 For Sale $289,900 -- $159 / Sq Ft

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
2024 $7,173 $236,100 $65,500 $170,600
2023 $7,173 $236,100 $65,500 $170,600
2022 $7,149 $236,100 $65,500 $170,600
2021 $6,526 $236,100 $65,500 $170,600
2020 $6,878 $236,100 $65,500 $170,600
2019 $6,807 $236,100 $65,500 $170,600
2018 $6,755 $236,100 $65,500 $170,600
2017 $6,580 $236,100 $65,500 $170,600
2016 $6,231 $236,100 $65,500 $170,600
2015 $6,155 $236,100 $65,500 $170,600
2014 $6,092 $236,100 $65,500 $170,600
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Holland

    Seller's Agent in 2022

    Rebecca Holland

    RE/MAX

    (609) 417-3619

    1 in this area

    111 Total Sales

    Rebecca Holland
    Section Image
  • Jack Yao

    Seller's Agent in 2016

    Jack Yao

    Realmart Realty, LLC

    (732) 727-2280

    211 Total Sales

    Jack Yao
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Williams

    Better Homes and Gardens Real Estate Maturo

    (919) 225-7248

    4 Total Sales

    Michael Williams
    Section Image
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Map

New Jersey Burlington County Mount Laurel 08054 Stonegate

5 Drake Ct, Mount Laurel, NJ

This home is located at 5 Drake Ct, Mount Laurel, NJ 08054 and is currently estimated at $479,022. 5 Drake Ct is a home located in Burlington County with nearby schools including Hillside Elementary School, T.E. Harrington Middle School, and Mount Laurel Hartford School.

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