$624,150
SOLD MAR 27, 2017

53 Cove Rd Moorestown, NJ 08057

4 Beds
2.5 Baths
4,287 Sq Ft
2 Acres

Recently Sold

$146 Per Sq Ft

34% Below List Price

Highlights

  • In Ground Pool
  • Water Oriented
  • Colonial Architecture
  • South Valley Elementary School Rated A+
  • 2 Acre Lot
  • Stream or River on Lot

About This Home

As of June 2022

INCREDIBLE NEW PRICE for an incredible home. Spacious home in Peachtree Point in sought-after Moorestown. This 4 bedroom, 2.5 bath home boasts hardwood floors throughout the first level, stunning woodwork, and great views of the back yard. Loaded with curb appeal, the circular drive and brand new shutters only add to the home's appeal. The wide foyer allows views of the study to the left and the library to the right. The mahogany-walled library has highlights like the custom built-ins, butler pantry and cozy fireplace. The perfect place to sip your brandy or curl up with a good book. Beyond the staircase and inside the French doors, the formal living room to the left features views of the trees and great dimensions. The sprawling kitchen offers a large island, plenty of counter space, upgraded cabinetry and much more. This chef-inspired kitchen will be the center of the party as it opens to the dramatic family room. This architecturally interesting room is sure to impress with its windows surrounding the entire room and its high cathedral ceiling. The formal dining room is the largest you'll find. Perfect for those large gatherings. The master suite's sleeping room is quite large and has hardwood floors while the sitting room will be your own private retreat. Plenty of closet space and a spacious en-suite bath complete the master bedroom. Three more ample bedrooms and the hall bathroom round out the second level. You will also find a full basement that offers lots of storage or could be finished for even more living space. Step into the back yard to enjoy the huge patio, in-ground pool and convenient pool house. Bring a little creativity to make this home exactly what you want. On two acres in this cul de sac community, this stately home is waiting for you.

Last Agent to Sell the Property

John Wuertz

BHHS Fox & Roach-Mt Laurel License #231089 Listed on: 07/14/2016

BHHS Fox & Roach-Mt Laurel

Last Buyer's Agent

Christine Dash

Keller Williams Realty - Moorestown

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,498

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 345 x 303
  • Cul-De-Sac
  • Southeast Facing Home
  • Level Lot
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,287 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Marble Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Butlers Pantry
  • Built-In Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System

Accessible Home Design

  • Mobility Improvements

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • In Ground Pool
  • Water Oriented
  • River Nearby
  • Stream or River on Lot
  • Patio
  • Exterior Lighting

Schools

  • Wm Allen Iii Middle School
  • Moorestown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • 200+ Amp Service
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Peachtree Point Subdivision

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 22-08501-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,498

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Mobility Improvements
  • Ownership: Fee Simple
  • Inclusions: Butler Pantry Refrigerator, Window Treatments Existing.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Wall, Oven - Self Cleaning, Dishwasher, Energy Efficient Appliances, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Wet/Dry Bar, Stall Shower, Dining Area
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace Features: Marble
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 15
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished, Drainage System
  • Laundry Type: Main Floor
  • Total Sq Ft: 4287
  • Living Area Sq Ft: 4287
  • Net Sq Ft: 4287.00
  • Price Per Sq Ft: 139.49
  • Above Grade Finished Sq Ft: 4287
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 53

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding, Wood Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access, Garage Door Opener, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • Middle School: WM ALLEN III
  • High School: MOORESTOWN
  • School District Key: 300200396965
  • High School: MOORESTOWN
  • Middle Or Junior School: WM ALLEN III

Green Features

  • Efficiency: Appliances

Lot Info

  • Lot Features: Cul-De-Sac, Level, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.00
  • Lot Dimensions: 345 X 303
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22498.00
  • Assessor Parcel Number: 22-08501-00012
  • Tax Lot: 00012
  • Tax Year: 2016
  • Close Date: 03/27/2017

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jun 10, 2022
Sold by
Hummel Daniel H and Hummel Holly M
Bought by
Speicher Jared M and Speicher Leslie R
Seller's Agent
Mark McKenna
EXP Realty, LLC
Buyer's Agent
Sam Lepore
Keller Williams Realty - Moorestown
List Price
$1,099,000
Sold Price
$1,175,000
Premium/Discount to List
$76,000
6.92%
Current Estimated Value
$1,374,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,281
Avg. Annual Appreciation
4.94%
Original Mortgage
$940,000
Outstanding Balance
$893,078
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$481,203

Purchase Details

Listed on
Jul 14, 2016
Closed on
Mar 27, 2017
Sold by
Calderone Ralph P and Calderone Lynda L
Bought by
Hummel Daniel H and Hummel Holly M
Seller's Agent
John Wuertz
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Christine Dash
Keller Williams Realty - Moorestown
List Price
$950,000
Sold Price
$624,150
Premium/Discount to List
-$325,850
-34.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.91%
Original Mortgage
$499,320
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2006
Sold by
Powell George W and Powell Diane M
Bought by
Calderone Ralph P and Calderone Lynda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Deed $1,175,000 Your Hometown Title
Deed $1,175,000 Your Hometown Title
Deed $624,150 Your Hometown Title Llc
Deed $1,175,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $940,000 New Conventional
Closed $940,000 New Conventional
Previous Owner $82,500 Credit Line Revolving
Previous Owner $499,320 New Conventional
Previous Owner $580,000 New Conventional
Previous Owner $600,000 Fannie Mae Freddie Mac
Previous Owner $750,000 Stand Alone First
Previous Owner $100,000 Credit Line Revolving
Previous Owner $357,369 Unknown
Previous Owner $400,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,175,000 +6.9% $274 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $1,099,000 +76.1% $256 / Sq Ft
03/27/2017 03/27/17 Sold $624,150 +4.4% $146 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/07/2017 01/07/17 Price Changed $598,000 -20.3% $139 / Sq Ft
09/20/2016 09/20/16 Price Changed $750,000 -3.2% $175 / Sq Ft
08/18/2016 08/18/16 Price Changed $775,000 -8.8% $181 / Sq Ft
07/24/2016 07/24/16 Price Changed $850,000 -10.5% $198 / Sq Ft
07/14/2016 07/14/16 For Sale $950,000 -- $222 / 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 $18,945 $702,500 $250,000 $452,500
2024 $18,371 $667,800 $250,000 $417,800
2023 $18,371 $667,800 $250,000 $417,800
2022 $17,095 $627,800 $250,000 $377,800
2021 $16,869 $627,800 $250,000 $377,800
2020 $16,762 $627,800 $250,000 $377,800
2019 $16,467 $627,800 $250,000 $377,800
2018 $16,021 $627,800 $250,000 $377,800
2017 $22,577 $877,100 $250,000 $627,100
2016 $22,498 $877,100 $250,000 $627,100
2015 $22,226 $877,100 $250,000 $627,100
2014 $21,103 $877,100 $250,000 $627,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002457264

Bright MLS

APN: 22-08501-0000-00012