NOT LISTED FOR SALE

5 Stout Ct Unit E Lawrence Township, NJ 08648

Estimated Value: $346,000 - $371,000

2 Beds
2.5 Baths
1,260 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $248,000 $197 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,329/month

Highlights

  • Open Floorplan
  • A-Frame Home
  • Attic
  • Lawrence High School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of December 2021

A rare opportunity to enjoy this beautifully upgraded 2 Bedrooms and 2.5 bathrooms home in desirable Lawrence Square Village (LSV). New Kitchen, New Bathrooms, Freshly painted wall & ceiling, New recess lights, New dishwasher, New wine cooler, New stove, Newer refrigerator, and new vinyl floors. Best of all, each bedroom has its own bathroom. The sliding door from spacious living room leads you to a patio and open backyard. There is a storage room in the back of the house. The community offers tennis court, club house, swimming pool. Great location near Costco, Quakerbridge Mall and many other grocery and specialty shops. Minutes away from Princeton University, Rider University and College of New Jersey and area trains, with a bus service to Princeton Junction Train Station.

Last Agent to Rent the Property

Min Tang

(908) 938-1755 sweethomenj168@gmail.com Realmart Realty, LLC Listed on: 11/30/2021

Last Renter's Agent

Susanne Ams

(609) 577-2033 sams@callawayhenderson.com Callaway Henderson Sotheby's Int'l-Princeton License #14161

Callaway Henderson Sotheby's Int'l-Princeton

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1987

Lot Details

  • 1,296 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • HOA YN

Home Design

  • A-Frame Home
  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Breakfast Area or Nook
  • Laundry on upper level
  • Attic

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Halls are 36 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,600
  • Tenant pays for cable TV, electricity, gas, heat, hot water, sewer, water
  • The owner pays for association fees, common area maintenance, insurance, lawn/shrub care, snow removal, real estate taxes, trash collection
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 12/1/21
  • Assessor Parcel Number 07-04104-00015-C794

Community Details

Overview

  • Lawrence Sq Vil Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $300
  • $50 Monthly Pet Rent
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,245

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1 per month

Rental Info

  • Date Available: 2021-12-01
  • Monthly Pet Rent: 50.00
  • Owner Pays: Association Fees, Common Area Maintenance, Insurance, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Trash Collection
  • Pet Deposit: 300.00
  • Pets: Cats Ok, Dogs Ok, Number Limit, Pet Addendum/Deposit, Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3600.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Hot Water, Sewer, Water
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/3o48IiU
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: A-Frame, Contemporary
  • Accessibility Features: 36"+ Wide Halls
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-11-30
  • Federal Flood Zone: No
  • Year Built: 1987
  • Assigned Parking Space Numbers: 2
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Floor Plan - Open, Recessed Lighting, Window Treatments, Wood Floors
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Bedroom 2, Bedroom 1
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Upper Floor, Washer In Unit
  • Total Sq Ft: 1260
  • Living Area Sq Ft: 1260
  • Price Per Sq Ft: 1.90
  • Above Grade Finished Sq Ft: 1260
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Brick
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 1.00
  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1296.00
  • Property Condition: Very Good
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 2132446
  • Assessor Parcel Number: 07-04104-00015-C794

MLS Schools

  • School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Oct 4, 2021
Sold by
Patel Pankaj and Gandhi Tejal
Bought by
Tang & Company Llc
Seller's Agent
Allison Ruszczyk
David DePaola and Company Real Estate
Buyer's Agent
Min Tang
Realmart Realty, LLC
List Price
$254,900
Sold Price
$248,000
Premium/Discount to List
-$6,900
-2.71%
Current Estimated Value
$358,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,642
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Feb 21, 2011
Sold by
Stephanik Michael and Stephanik Giulia
Bought by
Patel Pankaj and Gandhi Tejal

Purchase Details

Closed on
Sep 12, 2007
Sold by
Zipf Jennifer and Dablin Omar
Bought by
Stephanik Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2000
Sold by
Greene Donna
Bought by
Zipf Jennifer

Purchase Details

Closed on
Jun 26, 1998
Sold by
Clayton Virginia
Bought by
Greene Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,950
Interest Rate
6.98%
Mortgage Type
FHA
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
Tang & Company Llc $248,000 Old Republic Title
Tang & Company Llc $248,000 New Title Company Name
Patel Pankaj $215,000 None Available
Stephanik Michael $235,000 --
Zipf Jennifer $120,000 --
Greene Donna $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephanik Michael $154,000
Previous Owner Greene Donna $87,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2021 12/05/21 Rented $2,450 +2.1% --
12/02/2021 12/02/21 Under Contract -- -- --
11/30/2021 11/30/21 For Rent $2,400 0.0% --
10/28/2021 10/28/21 Sold $248,000 -2.7% $197 / Sq Ft View Prior Sale
10/14/2021 10/14/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $254,900 0.0% $202 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $254,900 -- $202 / 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 $5,245 $169,300 $50,000 $119,300
2024 $5,140 $169,300 $50,000 $119,300
2023 $5,140 $169,300 $50,000 $119,300
2022 $5,047 $169,300 $50,000 $119,300
2021 $4,983 $169,300 $50,000 $119,300
2020 $4,913 $169,300 $50,000 $119,300
2019 $4,850 $169,300 $50,000 $119,300
2018 $4,740 $169,300 $50,000 $119,300
2017 $4,718 $169,300 $50,000 $119,300
2016 $4,649 $169,300 $50,000 $119,300
2015 $4,520 $169,300 $50,000 $119,300
2014 $4,436 $169,300 $50,000 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJME2007684

Bright MLS

APN: 07-04104-0000-00015-0000-C794