$402,000
SOLD OCT 13, 2023

508 Cypress Ln Cherry Hill, NJ 08003

4 Beds
2.5 Baths
2,488 Sq Ft
10,624 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

39% Above List Price

4 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Bret Harte Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Multiple offers received all offers due by Monday 9/25 by 6PM there will be NO final and best so make your best offer first!

Location, location, location. Looking for investors to make this 4 bedroom 2.5 bath Colonial yours with some rehabbing and you will have a home worth so much more ! House features a 2 car attached garage, this house has a SOLAR ROOF on upstairs portion of house , not to be mistaken for SOLAR PANELS
New hot water heater, furnace & AC approx. 10 years old
This home is being sold in completely "AS IS " condition with buyer responsible for CO and repairs , seller will not make any repairs

Please no escalation clauses make your best offer

Last Agent to Sell the Property

Nina Cestare

BHHS Fox & Roach - Robbinsville License #NJ-9696524 Listed on: 09/22/2023

BHHS Fox & Roach - Robbinsville

Last Buyer's Agent

Nina Cestare

BHHS Fox & Roach - Robbinsville License #NJ-9696524 Listed on: 09/22/2023

BHHS Fox & Roach - Robbinsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,689

Year Built

  • Built in 1972

Lot Details

  • 10,624 Sq Ft Lot
  • Lot Dimensions are 85.00 x 125.00
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,488 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

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 00005
  • Assessor Parcel Number 09-00528 30-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,689

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2488
  • Living Area Sq Ft: 2488
  • Price Per Sq Ft: 116.52
  • Above Grade Finished Sq Ft: 2488
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 508

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 2
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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: 85.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10624.00
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11689.00
  • Assessor Parcel Number: 09-00528 30-00005
  • Tax Lot: 00005
  • Tax Total Finished Sq Ft: 2488
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/13/2023

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Apr 21, 2024
Sold by
Wealth From Assets Llc
Bought by
Paris Marshall and Roberts Nakia
Seller's Agent
Nina Cestare
BHHS Fox & Roach - Robbinsville
Buyer's Agent
Octavio Yamamoto
Keller Williams Realty - Moorestown
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Views
232
Current Estimated Value
$628,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,422
Avg. Annual Appreciation
5.31%
Original Mortgage
$567,510
Outstanding Balance
$562,024
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$66,398

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 10, 2023
Sold by
Kant Ronald S
Bought by
Wealth From Assets Llc
Seller's Agent
Nina Cestare
BHHS Fox & Roach - Robbinsville
Buyer's Agent
Nina Cestare
BHHS Fox & Roach - Robbinsville
List Price
$289,900
Sold Price
$402,000
Premium/Discount to List
$112,100
38.67%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.50%
Original Mortgage
$391,700
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $590,000 Title Resources Guaranty
Deed $402,000 Berkshire Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,510 FHA
Previous Owner $391,700 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $590,000 -1.7% $237 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $599,900 0.0% $241 / Sq Ft
03/04/2024 03/04/24 For Sale $599,900 -5.5% $241 / Sq Ft
03/04/2024 03/04/24 Off Market $634,900 -- --
02/25/2024 02/25/24 Price Changed $634,900 -1.6% $255 / Sq Ft
02/17/2024 02/17/24 For Sale $644,900 +60.4% $259 / Sq Ft
10/13/2023 10/13/23 Sold $402,000 +38.7% $162 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $289,900 -- $117 / 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
2024 $12,022 $286,100 $77,700 $208,400
2023 $12,022 $286,100 $77,700 $208,400
2022 $11,727 $286,100 $77,700 $208,400
2021 $11,727 $286,100 $77,700 $208,400
2020 $11,584 $286,100 $77,700 $208,400
2019 $11,578 $286,100 $77,700 $208,400
2018 $11,547 $286,100 $77,700 $208,400
2017 $11,390 $286,100 $77,700 $208,400
2016 $11,238 $286,100 $77,700 $208,400
2015 $10,811 $286,100 $77,700 $208,400
2014 $10,688 $286,100 $77,700 $208,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2055284

Bright MLS

APN: 09-00528-30-00005