$518,000
SOLD OCT 31, 2024

5 Ravenna Ln Mount Laurel, NJ 08054

3 Beds
4 Baths
2,220 Sq Ft
$136/mo HOA Fee

Recently Sold

$233 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Direct Access Garage
  • Property is in excellent condition
  • Lenape High School Rated A-
  • 90% Forced Air Heating and Cooling System

About This Home

As of October 2024

Welcome home to 5 Ravenna Lane located in the desirable Signature Place section of Mt. Laurel! Only 5 years young, this beautiful 3 story townhome features 3 generous sized bedrooms along with 2 full and 2 half baths. As you enter the home, you will notice beautiful wood floors and a neutral palette. The first floor offers a den with a sliding door out to the back and also has interior access to the garage. Head upstairs to your main living area which includes a beautiful open concept kitchen and dining area with another sliding glass door leading to your second story deck. The kitchen has beautiful quartz countertops, recessed lighting, stainless steel appliances and an island and breakfast bar for additional seating. There is also another living area and a half bath on this floor. Head up to the third floor where you will find the bedrooms and 2 full bathrooms. The laundry is also on the third floor. No bringing the baskets up and down the stairs! Located near Rt. 38, 73 and Hwy 295, shopping and much more. Make your appointment today!

Last Agent to Sell the Property

Suzanne Simons

(856) 278-6966 suzannesimons1@gmail.com Real Broker, LLC Listed on: 09/19/2024

Real Broker, LLC

Last Buyer's Agent

Smitha Basavaraj

(609) 291-1726 snjrealtor@comcast.net Weichert Realtors - Princeton License #339801

Weichert Realtors - Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,487

Year Built

  • Built in 2019

Lot Details

  • Property is in excellent condition

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Lenape High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00005
  • Assessor Parcel Number 24-00304 18-00005

Community Details

Overview

  • Hano Cpas HOA
  • Built by D.R. Horton
  • Signature Place Subdivision

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,487

Year Built

Built in 2019

Lot Details

0

HOA Fees

$136 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: personal property
  • Inclusions: washer, dryer, dishwasher, fridge, stove
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-09-19
  • Year Built: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 5 Ravenna Lane located in the desirable Signature Place section of Mt. Laurel! Only 5 years young, this beautiful 3 story townhome features 3 generous sized bedrooms along with 2 full and 2 half baths. As you enter the home, you will notice beautiful wood floors and a neutral palette. The first floor offers a den with a sliding door out to the back and also has interior access to the garage. Head upstairs to your main living area which includes a beautiful open concept kitchen and dining area with another sliding glass door leading to your second story deck. The kitchen has beautiful quartz countertops, recessed lighting, stainless steel appliances and an island and breakfast bar for additional seating. There is also another living area and a half bath on this floor. Head up to the third floor where you will find the bedrooms and 2 full bathrooms. The laundry is also on the third floor. No bringing the baskets up and down the stairs! Located near Rt. 38, 73 and Hwy 295, shopping and much more. Make your appointment today!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2220
  • Living Area Sq Ft: 2220
  • Price Per Sq Ft: 228.83
  • Above Grade Finished Sq Ft: 2220
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • 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, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 136.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: HANO CPAS
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS
  • High School: LENAPE H.S.
  • High School Source: Listing Agent
  • School District Key: 300200396964
  • School District Source: Listing Agent
  • High School: LENAPE H.S.

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: BRMF

Building Info

  • Builder Name: D.R. Horton

Rental Info

  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8487.00
  • Assessor Parcel Number: 24-00304 18-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/31/2024

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 28, 2024
Sold by
Noreiko Stephanie
Bought by
Joshi Vivek and Kulkarni Soumya
Seller's Agent
Suzanne Simons
Keller Williams Realty - Cherry Hill
Buyer's Agent
Smitha Basavaraj
Weichert Realtors - Princeton
List Price
$508,000
Sold Price
$518,000
Premium/Discount to List
$10,000
1.97%
Views
47
Current Estimated Value
$534,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,044
Avg. Annual Appreciation
3.41%
Original Mortgage
$466,550
Outstanding Balance
$461,905
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$72,139

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 24, 2020
Sold by
Turner Joseph G and Ferraro Jenna C
Bought by
Noreiko Stephanie
Seller's Agent
Chris Twardy
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Suzanne Simons
Keller Williams Realty - Cherry Hill
List Price
$349,999
Sold Price
$355,000
Premium/Discount to List
$5,001
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$284,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2019
Closed on
Sep 20, 2019
Sold by
D R Horton Inc
Bought by
Ferraro Jenna C and Turner Joseph G
Seller's Agent
Vincent Gibson
D.R. Horton Realty of New Jersey
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$348,325
Sold Price
$339,285
Premium/Discount to List
-$9,040
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$288,392
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2019
Sold by
Mdg 7 Llc
Bought by
D R Horton Inc
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 Type Sale Price Title Company
Deed $518,000 Providence Abstract
Deed $518,000 Providence Abstract
Deed $355,000 Connection Ttl Agcy Of Nj Ll
Deed $355,000 Connection Title
Deed $339,285 Title America Agency Corp
Deed $770,350 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $466,550 New Conventional
Closed $466,550 New Conventional
Previous Owner $284,000 New Conventional
Previous Owner $288,392 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $518,000 +2.0% $233 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $508,000 +43.1% $229 / Sq Ft
10/27/2020 10/27/20 Sold $355,000 +1.4% $160 / Sq Ft View Prior Sale
09/29/2020 09/29/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $349,999 +3.2% $158 / Sq Ft
09/20/2019 09/20/19 Sold $339,285 -2.6% $153 / Sq Ft View Prior Sale
05/29/2019 05/29/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $348,325 -- $157 / 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 $8,821 $279,400 $71,800 $207,600
2024 $8,488 $279,400 $71,800 $207,600
2023 $8,488 $279,400 $71,800 $207,600
2022 $8,460 $279,400 $71,800 $207,600
2021 $8,301 $279,400 $71,800 $207,600
2020 $8,139 $279,400 $71,800 $207,600
2019 $1,035 $35,900 $35,900 $0
2018 $1,027 $35,900 $35,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2073044

Bright MLS

APN: 24003041800005