NOT LISTED FOR SALE

5 Michigan Terrace Browns Mills, NJ 08015

Estimated Value: $318,000 - $373,897

4 Beds
2 Baths
1,344 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $173,000 $129 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,339/month

29 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Bonus Room
  • Rambler Architecture
  • Attic
  • No HOA

About This Home

As of April 2020

Palatial Presidential Lakes Rancher. This 3 bedroom, 2 full bathroom home has a full basement with finished bonus room and legal egress window. Love hardwood floors? You're in luck this home has them throughout, some exposed and some covered. Brand new roof, propane heat, vinyl privacy fence, functional wood burning stove and attached garage. This one is ready for you.

Last Agent to Sell the Property

April Hawthorne

Hometown Real Estate Group Listed on: 01/07/2020

Hometown Real Estate Group

Last Buyer's Agent

April Hawthorne

Hometown Real Estate Group Listed on: 01/07/2020

Hometown Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1973

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80.00 x 125.00
  • Chain Link Fence
  • Level Lot
  • Back Yard Fenced, Front and Side Yard
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Attic

Kitchen

  • Stove
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Interior Basement Entry
  • Laundry in Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Powered By Owned Propane
  • Vented Exhaust Fan
  • Electric Water Heater
  • Water Conditioner is Owned
  • On Site Septic

Community Details

  • No Home Owners Association
  • Presidential Lakes Subdivision

Listing and Financial Details

  • Tax Lot 00037
  • Assessor Parcel Number 29-00681-00037

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,165

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Personal Belongings
  • Inclusions: Stove, refrigerator, washer, dryer and window a/c units all in as-is condition
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1973
  • Remarks Public: Palatial Presidential Lakes Rancher. This 3 bedroom, 2 full bathroom home has a full basement with finished bonus room and legal egress window. Love hardwood floors? You're in luck this home has them throughout, some exposed and some covered. Brand new roof, propane heat, vinyl privacy fence, functional wood burning stove and attached garage. This one is ready for you.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Exhaust Fan, Stove, Refrigerator, Washer, Water Conditioner - Owned
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Kitchen/Dining, Kitchen - Island, Primary Bath(s), Stove - Wood
  • Fireplace Features: Wood, Free Standing
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Slab
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bonus Room
  • Basement: Yes
  • Basement Type: Heated, Interior Access, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1344
  • Living Area Sq Ft: 1344
  • Price Per Sq Ft: 133.85
  • Above Grade Finished Sq Ft: 1344
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle, Pitched
  • 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 - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Propane - Leased, Propane - Owned
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • School District: PEMBERTON TOWNSHIP SCHOOLS
  • School District Key: 300200396954
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Chain Link, Rear
  • Improvement Assessed Value: 138700.00
  • Land Assessed Value: 38300.00
  • Lot Features: Front Yard, Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.23
  • Lot Dimensions: 80.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RESID

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1725922
  • Tax Annual Amount: 4165.00
  • Assessor Parcel Number: 29-00681-00037
  • Tax Lot: 00037
  • Tax Total Finished Sq Ft: 1344
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 04/07/2020

MLS Schools

  • School District Name: PEMBERTON TOWNSHIP SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Apr 2, 2020
Sold by
Cochrane Joan E and Cochrane C
Bought by
Nicholson Betty and Lariver Natalie
Seller's Agent
April Hawthorne
Hometown Real Estate Group
Buyer's Agent
April Hawthorne
Hometown Real Estate Group
List Price
$179,900
Sold Price
$173,000
Premium/Discount to List
-$6,900
-3.84%
Current Estimated Value
$348,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,974
Avg. Annual Appreciation
13.13%
Original Mortgage
$169,866
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2004
Sold by
Mingin Edward A
Bought by
Cochrane Joan E and Cochrane Sean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nicholson Betty $173,000 Westcor Land Title Ins Co
Cochrane Joan E $159,900 Group 21 Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lariver Natalie $21,798
Previous Owner Nicholson Betty $169,866
Previous Owner Cochrane Joan $162,400
Previous Owner Cochrane Joan E $151,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $173,000 -3.8% $129 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $179,900 +4.0% $134 / Sq Ft
01/09/2020 01/09/20 Off Market $173,000 -- --
01/08/2020 01/08/20 For Sale $179,900 +4.0% $134 / Sq Ft
01/08/2020 01/08/20 Off Market $173,000 -- --
01/07/2020 01/07/20 For Sale $179,900 -- $134 / 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 $5,425 $177,000 $38,300 $138,700
2024 $5,091 $177,000 $38,300 $138,700
2023 $5,091 $177,000 $38,300 $138,700
2022 $4,712 $177,000 $38,300 $138,700
2021 $4,519 $177,000 $38,300 $138,700
2020 $4,349 $177,000 $38,300 $138,700
2019 $4,165 $177,000 $38,300 $138,700
2018 $4,023 $177,000 $38,300 $138,700
2017 $3,690 $177,000 $38,300 $138,700
2016 $3,690 $105,400 $21,600 $83,800
2015 $3,658 $105,400 $21,600 $83,800
2014 $3,486 $105,400 $21,600 $83,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    April Hawthorne

    Hometown Real Estate Group

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Map

Source: Bright MLS

MLS Number: NJBL363862

Bright MLS

APN: 29-00681-0000-00037

New Jersey Burlington County Browns Mills 08015

5 Michigan Terrace, Browns Mills, NJ

This home is located at 5 Michigan Terrace, Browns Mills, NJ 08015 since 07 January 2020 and is currently estimated at $348,974, approximately $259 per square foot. This property was built in 1973. 5 Michigan Terrace is a home located in Burlington County.

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