NOT LISTED FOR SALE

502 Balsam Rd Cherry Hill, NJ 08003

Estimated Value: $613,000 - $735,000

4 Beds
2.5 Baths
2,616 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $600,000 $229 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,679/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Direct Access Garage
  • Bret Harte Elementary School Rated A-
  • No HOA
  • Patio

About This Home

As of December 2023

WOW! Take a look at this gorgeous 4 bed 2.5 bath updated home in the Woodcrest development of Cherry Hill. The first floor features a spacious living room, dining room, kitchen, half bathroom and family room. There is hardwood flooring on most of the main floor and also a wood burning fireplace in the family room. The kitchen has recently been updated with beautiful stone countertops, tile backsplash, white cabinetry and stainless steel appliances. Upstairs are 3 bedrooms, full bathroom plus the owners suite with walk in closets & another full bathroom. The owners bath was recently redone with tile floor, tile shower & a double vanity with stone counters. Upstairs there is hardwood flooring as well. Outback there is a large fully fenced yard with a storage shed as well. This home also features a partially finished basement & oversized 2 car garage. Home is priced to sell so make your appointment today before the sign reads SOLD.

Last Agent to Sell the Property

Samuel Rifkin

Keller Williams Realty - Cherry Hill License #1325990 Listed on: 10/26/2023

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Sam Lepore

Keller Williams Realty - Moorestown License #RS355976

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,701

Year Built

  • Built in 1972

Lot Details

  • 10,376 Sq Ft Lot
  • Lot Dimensions are 83.00 x 125.00

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,616 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Woodcrest Subdivision

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 09-00528 29-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,701

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Washer, Dryer, Stove & Dishwasher
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-26
  • Federal Flood Zone: No
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2616
  • Living Area Sq Ft: 2616
  • Price Per Sq Ft: 221.33
  • Above Grade Finished Sq Ft: 2616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

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
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Spa: No
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • 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: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396971
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 83.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10376.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11701.00
  • Assessor Parcel Number: 09-00528 29-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2616
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/14/2023

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 13, 2023
Sold by
Martin Jeffrey B and Martin Deborah L
Bought by
Amin Ami and Gerstin Samuel
Seller's Agent
Samuel Rifkin
Keller Williams Realty - Cherry Hill
Buyer's Agent
Sam Lepore
Keller Williams Realty - Moorestown
List Price
$579,000
Sold Price
$600,000
Premium/Discount to List
$21,000
3.63%
Views
187
Current Estimated Value
$664,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,739
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Mode Charles J
Bought by
Martin Jeffrey B and Martin Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.29%
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
Amin Ami $600,000 Hometown Title
Martin Jeffrey B $348,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Jeffrey B $240,115
Previous Owner Martin Jeffrey B $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $600,000 +3.6% $229 / Sq Ft
10/26/2023 10/26/23 For Sale $579,000 -- $221 / 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 $12,771 $337,800 $80,900 $256,900
2024 $12,035 $286,400 $80,900 $205,500
2023 $12,035 $286,400 $80,900 $205,500
2022 $11,702 $286,400 $80,900 $205,500
2021 $11,740 $286,400 $80,900 $205,500
2020 $11,596 $286,400 $80,900 $205,500
2019 $11,591 $286,400 $80,900 $205,500
2018 $11,559 $286,400 $80,900 $205,500
2017 $11,402 $286,400 $80,900 $205,500
2016 $11,250 $286,400 $80,900 $205,500
2015 $11,072 $286,400 $80,900 $205,500
2014 $10,949 $286,400 $80,900 $205,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2057066

Bright MLS

APN: 09-00528-29-00001