NOT LISTED FOR SALE

5 Preswick Dr Medford, NJ 08055

Estimated Value: $551,000 - $803,000

4 Beds
2.5 Baths
3,061 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $495,000 $162 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,949/month

33 Days on Market

Highlights

  • 1.05 Acre Lot
  • Colonial Architecture
  • Bonus Room
  • Haines Memorial 6th Grade Center Rated A-
  • Deck
  • No HOA

About This Home

As of March 2021

Make this 3000+sf Headwater Village property your next family home! This Bob Meyer built colonial sits on over an acre of property with a park-like setting and private backyard overlooking Medford open space. The center hall colonial welcomes you into a hardwood floor foyer; newly installed carpeting on the staircase, living room, dining room and 2nd floor! In the living room, a large bay window is practically the length of the room, creating a pretty focal point and allowing plenty of natural light inside. The dining room will easily accommodate the upcoming Holidays. Open sightlines from the kitchen into the family room keep guests connected and entertaining a breeze. It has been nicely updated with newer appliances, granite countertops. Gather around a warm & cozy fireplace, where a wall of french doors bring the outdoors inside. Off the kitchen and down a hall, you'll find a Bonus Room with cathedral ceiling and large picture window. It is the perfect home office, playroom or guest room. A powder room & generously sized laundry room are also located along this hallway. Upstairs, the master en-suite offers 'his & hers' walk-in closets. The master bath was just renovated and sure to please. 3 additional bedrooms are of good size with ample closet space. They share a hall full bath that was also renovated and ready for the next owners. Check out the screened-in porch. This will be your 'go-to' spot! Enjoy morning coffee to evening dinners and cocktails; you have a front row seat watching the deer & wildlife that are part of this natural environment we live in. A large deck expands the outdoor activities with plenty of yard for games & playing to please children and pets. And don't forget the basement - adding another level of living for you to customize to fit your needs. Headwater Village is a friendly neighborhood offering walking paths, 2 sets of tennis courts & playgrounds, organized community activities such as bonfires & movies in our park.

Last Agent to Sell the Property

Lisa Hermann

(609) 304-9465 lisahermannrealty@gmail.com Keller Williams Realty - Moorestown License #1542535 Listed on: 10/22/2020

Keller Williams Realty - Moorestown

Last Buyer's Agent

Lisa Hermann

(609) 304-9465 lisahermannrealty@gmail.com Keller Williams Realty - Moorestown License #1542535 Listed on: 10/22/2020

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,183

Year Built

  • Built in 1982

Lot Details

  • 1.05 Acre Lot
  • Sprinkler System

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,061 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Unfinished Basement
  • Interior Basement Entry
  • Flood Lights

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Shed

Schools

  • Medford Township Memorial Middle School
  • Shawnee High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Well
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Built by Bob Myer
  • Headwater Village Subdivision

Listing and Financial Details

  • Tax Lot 00102
  • Assessor Parcel Number 20-05105-00102

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,183

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Personal belongings.
  • Inclusions: Refrigerator, stove, DW, W/D, light fixtures, ceiling fans, window treatments, shed.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-23
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Bonus Room, Screened Porch
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3061
  • Living Area Sq Ft: 3061
  • Price Per Sq Ft: 166.25
  • Above Grade Finished Sq Ft: 3061
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Aluminum Siding
  • Exterior Features: Lawn Sprinkler, Flood Lights
  • Roof: Shingle, Pitched
  • 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
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: SHAWNEE
  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Lot Size Acres: 1.05
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45738.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Bob Myer

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12183.00
  • Assessor Parcel Number: 20-05105-00102
  • Tax Lot: 00102
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 27, 2021
Sold by
Albano Richard
Bought by
Groeger Timothy R and Groeger Lee C
Seller's Agent
Lisa Hermann
Keller Williams Realty - Moorestown
Buyer's Agent
Lisa Hermann
Keller Williams Realty - Moorestown
List Price
$518,900
Sold Price
$495,000
Premium/Discount to List
-$23,900
-4.61%
Current Estimated Value
$719,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,303
Avg. Annual Appreciation
8.28%
Original Mortgage
$396,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2000
Sold by
Burricelli Robert A and Burricelli Dolores E
Bought by
Albano Richard and Albano Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.96%
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
Groeger Timothy R $495,000 Fidelity National Ttl Ins Co
Groeger Timothy R $495,000 Fidelity National Title
Albano Richard $318,000 Weichert Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groeger Timothy R $396,000
Previous Owner Albano Richard $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $495,000 -2.7% $162 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/19/2020 11/19/20 Price Changed $508,900 -1.9% $166 / Sq Ft
10/22/2020 10/22/20 For Sale $518,900 -- $170 / 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 $13,898 $391,600 $103,900 $287,700
2024 $12,993 $391,600 $103,900 $287,700
2023 $12,993 $391,600 $103,900 $287,700
2022 $12,727 $391,600 $103,900 $287,700
2021 $12,259 $379,300 $103,900 $275,400
2020 $12,183 $379,300 $103,900 $275,400
2019 $12,020 $379,300 $103,900 $275,400
2018 $11,853 $379,300 $103,900 $275,400
2017 $11,770 $379,300 $103,900 $275,400
2016 $11,728 $379,300 $103,900 $275,400
2015 $11,553 $379,300 $103,900 $275,400
2014 $11,201 $379,300 $103,900 $275,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL384454

Bright MLS

APN: 20-05105-0000-00102