NOT LISTED FOR SALE

505 Mount Laurel Rd Mount Laurel, NJ 08054

Estimated Value: $385,000 - $421,000

4 Beds
2 Baths
1,466 Sq Ft
$278/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $292,000 $199 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,642/month

8 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Lenape High School Rated A-
  • Bungalow
  • Combination Kitchen and Dining Room

About This Home

As of July 2021

Move in ready! Adorable beautifully restored bungalow located in a very desirable area with the best schools around; walking distance to elementary and middle schools! Renovated in 2020 for personal use to facilitate NYC commute (7 min to express bus) with high end finishes. Totally new house in 'old bones'; taken down to the studs and rebuilt for personal use (not as a 'flip'): reinforced foundation, new electrical, new plumbing, new HVAC, new architectural metal roof, refinished original hardwood floors, new insulation, new primary bedroom with en-suite. Amazing 4 bedroom/2 full bathrooms open concept house currently setup with 4th bedroom as an office. Granite counters, stainless steel appliances including slide gas stove with high volume exhaust hood and Thomasville shaker style wood cabinets welcome you to this incredible kitchen which is open to the family room great for entertaining, plus an eat-in breakfast nook and breakfast bar extension with stools! The office setup in 4th bedroom has large new Pella casement window which fully opens for plenty of fresh air and natural light. Large back deck off kitchen. Smart thermostats and web cams for cellphone based alerts and controls, Newly drilled deep 300+ ft well, but municipal water system is accessible at the street. Dry basement with reinforced foundation, new French drain and sump pump. Washer/dryer hookups at bottom of basement stairs, plenty of natural light. Beautiful sunlight all day from sun up to sunset throughout living room, family room and open concept kitchen. Perfect size yard for outdoor space but not too large to maintain yourself if you choose with plenty of parking off back house and long driveway with large shed (10x12) that can be used for office/workout room/she-shed/man-cave/storage, etc. Located conveniently to all major highways, Philadelphia, New York, and Atlantic City and non-stop commuter bus to NYC. Walking distance to Cucina Carini restaurant and walking distance to Mount Laurel State Park and Elbo Park.

Last Agent to Sell the Property

Robert Michaud

(609) 410-0249 rmichaud@weichertrealtors.net Weichert Realtors-Medford License #8734440 Listed on: 06/05/2021

Weichert Realtors-Medford

Last Buyer's Agent

Joseph Bongiorno

(609) 947-6999 jmbongiorno1977@gmail.com Better Homes and Gardens Real Estate Maturo

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,377

Year Built

  • Built in 1950

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60.00 x 150.00

Parking

  • Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,466 Sq Ft Home
  • Property has 2 Levels
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

  • Lenape High School

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Well
  • Electric Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 24-00701-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,377

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-06-05
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Move in ready! Adorable beautifully restored bungalow located in a very desirable area with the best schools around; walking distance to elementary and middle schools! Renovated in 2020 for personal use to facilitate NYC commute (7 min to express bus) with high end finishes. Totally new house in 'old bones'; taken down to the studs and rebuilt for personal use (not as a 'flip'): reinforced foundation, new electrical, new plumbing, new HVAC, new architectural metal roof, refinished original hardwood floors, new insulation, new primary bedroom with en-suite. Amazing 4 bedroom/2 full bathrooms open concept house currently setup with 4th bedroom as an office. Granite counters, stainless steel appliances including slide gas stove with high volume exhaust hood and Thomasville shaker style wood cabinets welcome you to this incredible kitchen which is open to the family room great for entertaining, plus an eat-in breakfast nook and breakfast bar extension with stools! The office setup in 4th bedroom has large new Pella casement window which fully opens for plenty of fresh air and natural light. Large back deck off kitchen. Smart thermostats and web cams for cellphone based alerts and controls, Newly drilled deep 300+ ft well, but municipal water system is accessible at the street. Dry basement with reinforced foundation, new French drain and sump pump. Washer/dryer hookups at bottom of basement stairs, plenty of natural light. Beautiful sunlight all day from sun up to sunset throughout living room, family room and open concept kitchen. Perfect size yard for outdoor space but not too large to maintain yourself if you choose with plenty of parking off back house and long driveway with large shed (10x12) that can be used for office/workout room/she-shed/man-cave/storage, etc. Located conveniently to all major highways, Philadelphia, New York, and Atlantic City and non-stop commuter bus to NYC. Walking distance to Cucina Carini restaurant and walking distance to Mount Laurel State Park and Elbo Park.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1466
  • Living Area Sq Ft: 1466
  • Price Per Sq Ft: 190.31
  • Above Grade Finished Sq Ft: 1466
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Well, Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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 Size Acres: 0.21
  • Lot Dimensions: 60.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9000.00
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5377.00
  • Assessor Parcel Number: 24-00701-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1106
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 07/29/2021

MLS Schools

  • School District Name: MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 29, 2021
Sold by
Jordan Renee and Hadam Renee
Bought by
Zakhary Ciera
Seller's Agent
Robert Michaud
Weichert Realtors-Medford
Buyer's Agent
Joseph Bongiorno
Better Homes and Gardens Real Estate Maturo
List Price
$279,000
Sold Price
$292,000
Premium/Discount to List
$13,000
4.66%
Current Estimated Value
$408,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,153
Avg. Annual Appreciation
7.89%
Original Mortgage
$262,800
Outstanding Balance
$241,204
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,267

Purchase Details

Listed on
Sep 30, 2017
Closed on
Nov 29, 2017
Sold by
Fannie Mae
Bought by
Jordan Renee
Seller's Agent
Dean Harner
Imani Realty & Associates
Buyer's Agent
Sonia Del Rosario
Weichert Realtors-Burlington
List Price
$79,900
Sold Price
$74,900
Premium/Discount to List
-$5,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.32%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Patel Pinaben Y and Patel Pina
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 18, 2004
Sold by
Sharp Charles D
Bought by
Patel Pinaben Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Zakhary Ciera $292,000 Sterling Title Agency Llc
Jordan Renee $74,500 Tri County Title Svcs Llc
Federal National Mortgage Association -- None Available
Patel Pinaben Y $170,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakhary Ciera $262,800
Previous Owner Patel Pina $17,000
Previous Owner Patel Pinaben Y $153,000
Previous Owner Sharp Clarence D $85,000
Previous Owner Sharp Clarence D $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $292,000 +4.7% $199 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $279,000 +272.5% $190 / Sq Ft
12/08/2017 12/08/17 Sold $74,900 -6.3% $68 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $79,900 -- $72 / 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 $5,828 $184,600 $56,000 $128,600
2024 $5,608 $184,600 $56,000 $128,600
2023 $5,608 $184,600 $56,000 $128,600
2022 $5,590 $184,600 $56,000 $128,600
2021 $5,482 $184,600 $56,000 $128,600
2020 $5,377 $184,600 $56,000 $128,600
2019 $5,322 $184,600 $56,000 $128,600
2018 $5,281 $184,600 $56,000 $128,600
2017 $5,145 $184,600 $56,000 $128,600
2016 $5,067 $184,600 $56,000 $128,600
2015 $5,008 $184,600 $56,000 $128,600
2014 $4,958 $184,600 $56,000 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL399362

Bright MLS

APN: 24-00701-0000-00004