NOT LISTED FOR SALE

505 Lilac Ln Cherry Hill, NJ 08003

Estimated Value: $503,000 - $599,000

3 Beds
2.5 Baths
2,660 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $375,000 $141 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,898/month

7 Days on Market

Highlights

  • Open Floorplan
  • Recreation Room
  • Wood Flooring
  • Cherry Hill High-East High School Rated A
  • Rambler Architecture
  • Main Floor Bedroom

About This Home

As of March 2021

Here it is and we know you have been waiting for a home like this one! This fabulous Woodcrest rancher, which combines easy one floor living with some great surprises that doubles the useable living space, is just the ticket for your next home! The current owners have transformed this spacious home over the last 5 years while maintaining bits of the original mid-century charm. As you come into the large foyer with a gray shiplap ceiling, you will immediately see a handy coat closet and a newly updated half bath. The open concept living & dining room has beautifully refinished hardwood flooring and some recessed lighting. A new breakfast bar between this area and the terrific kitchen offers stool seating and lots of storage for your larger kitchen items like bakeware and those small kitchen appliances. The kitchen's white cabinetry, stainless steel appliances, granite countertops, and subway tile backsplash result in a sharp, crisp look that is inviting, bright and spacious. Right next to the kitchen is a big family room where you can relax with family or friends for binge-watching your favorite TV shows or game nights! A corner nook is perfect for a desk for those working or studying from home. You will love how the family room has an open staircase to the finished basement, which makes it a real continuation of the living space. This lower level is HUGE and features 4 separate finished areas plus amazing storage. A separate office, a laundry room with a sink, a huge workroom, and lastly, the fabulous recreation room make this added space truly versatile & functional for everyday life. Back upstairs, there are 3 generous bedrooms, including the primary, all with hardwood flooring and ceiling fans. The primary bedroom offers 2 closets, and the gorgeous updated master bath with its walk-in shower has a 3rd closet. Don't you just love the "barn door" used here? The main hall bath was redone with a dual vanity sink and fun shiplap accent wall. Outside in the backyard, a private patio, newly rebuilt shed and a large carport complete the picture, You can easily appreciate how the carport can double as a covered patio, which is great on rainy or snowy days. The shed & lower level 33x10 workroom with storage more than makes up for the lack of a garage. Big recent improvements to also mention are all newer windows throughout & newer HVAC. Located on a quiet side street, this home is just 1 block from beautiful Country Club Drive, 3 blocks to Woodcrest Elementary School and the Woodcrest Swim Club, and a short walk to the Bunker Hill trailheads. You will love how close you are to 295, the Woodcrest Patco Station, Springdale Road & Haddonfield Berlin Rd. This is a truly move-in ready and fabulous home that you should plan to see right away!

Last Agent to Sell the Property

Keri Ricci

keriricciteam@gmail.com Keller Williams Realty - Cherry Hill Listed on: 01/29/2021

Co-Listed By

Eliza Babcock

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Bonnie Bernhardt

(856) 722-8090 bonniebmax@gmail.com RE/MAX ONE Realty License #8937353

RE/MAX ONE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40x159
  • North Facing Home
  • Landscaped
  • Level Lot
  • Back and Front Yard
  • Property is in excellent condition

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Asbestos

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Replacement Windows
  • Double Hung Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Workshop
  • Storage Room
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Workshop
  • Laundry in Basement
  • Basement Windows

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Driveway Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Suburban Location

Schools

  • Woodcrest Elementary School
  • Beck Middle School
  • Cherry Hill High - East

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 100 Amp Service
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 09-00528 49-00004

Community Details

Overview

  • No Home Owners Association
  • Woodcrest Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,401

Year Built

Built in 1962

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Appliances, Window Treatments, Light Fixtures, WA/DR, basement refrigerator, basement storage shelving
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1962
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic/House Fan, Breakfast Area, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Tub Shower, Upgraded Countertops, Window Treatments
  • Window Features: Replacement, Screens, Double Hung
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Office, Recreation Room, Storage Room, Workshop, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full, Heated, Fully Finished, Sump Pump, Windows, Workshop, Drainage System
  • Laundry Type: Basement
  • Total Sq Ft: 3035
  • Living Area Sq Ft: 2660
  • Net Sq Ft: 2000.00
  • Price Per Sq Ft: 175.00
  • Above Grade Finished Sq Ft: 2000
  • Above Grade Unfinished Sq Ft: 375
  • Below Grade Finished Sq Ft: 660
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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
  • Other Structures List: Shed
  • Construction Materials: Brick, Asbestos
  • Exterior Features: Sidewalks, Street Lights, Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

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

Schools

  • Elementary School: WOODCREST
  • High School: CHERRY HILL HIGH - EAST
  • Middle Or Junior School: BECK

Lot Info

  • Lot Features: Level, Sloping, Front Yard, Rear Yard, Landscaping
  • Lot Size Acres: 0.15
  • Lot Dimensions: 40x159
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6534.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Excellent
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1840361
  • Tax Annual Amount: 9401.00
  • Assessor Parcel Number: 09-00528 49-00004
  • Tax Lot: 00004
  • Tax Year: 2020

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 18, 2021
Sold by
Lee Thomas D and Lee Mary K
Bought by
Feld Abraham S
Seller's Agent
Keri Ricci
Keller Williams Realty - Cherry Hill
Buyer's Agent
Bonnie Bernhardt
RE/MAX ONE Realty
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
Current Estimated Value
$556,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,155
Avg. Annual Appreciation
8.22%
Original Mortgage
$300,000
Outstanding Balance
$270,497
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$282,988

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 8, 2016
Sold by
Heine Beatrice J and Heine Marilyn J
Bought by
Lee Thomas D and Lee Mary K
Seller's Agent
Keri Ricci
Keller Williams Realty - Cherry Hill
Buyer's Agent
Keri Ricci
Keller Williams Realty - Cherry Hill
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Feld Abraham S $375,000 Surety Expert Abstract
Lee Thomas D $189,900 Your Hometown Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feld Abraham S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $375,000 +7.1% $141 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $350,000 +84.3% $132 / Sq Ft
06/08/2016 06/08/16 Sold $189,900 0.0% $95 / Sq Ft View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $189,900 -- $95 / Sq Ft
Source: Bright MLS

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 $12,414 $278,400 $77,100 $201,300
2024 $11,698 $278,400 $77,100 $201,300
2023 $11,698 $278,400 $77,100 $201,300
2022 $11,375 $278,400 $77,100 $201,300
2021 $9,510 $232,000 $77,100 $154,900
2020 $9,394 $232,000 $77,100 $154,900
2019 $9,389 $232,000 $77,100 $154,900
2018 $9,364 $232,000 $77,100 $154,900
2017 $9,236 $232,000 $77,100 $154,900
2016 $9,113 $232,000 $77,100 $154,900
2015 $8,719 $232,000 $77,100 $154,900
2014 $8,619 $232,000 $77,100 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD411968

Bright MLS

APN: 09-00528-49-00004

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