NOT LISTED FOR SALE

531 W Elma Ave Laurel Springs, NJ 08021

Estimated Value: $318,054 - $409,000

4 Beds
1 Bath
1,895 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $370,000 $195 Per Sq Ft

Current estimated payment $2,774/month

3 Days on Market

Highlights

  • Rambler Architecture
  • Hot Water Baseboard Heater
  • 2-minute walk to Crystal Springs Whitman Walk
  • No HOA

About This Home

As of July 2024

Nestled at the serene end of a tranquil dead-end street, this charming rancher boasts a picturesque setting just steps away from the serene shores of Laurel Lake. Meticulously maintained, this home offers a cozy retreat with a living room adorned by a classic brick fireplace, perfect for warming up on chilly evenings. The kitchen features a convenient eat-in area, ideal for casual dining or hosting gatherings. Step into the inviting family room, illuminated by natural light pouring in through sliders that open onto the expansive rear yard, inviting outdoor relaxation and entertainment. With four bedrooms offering comfort and versatility, along with a well-appointed bath, this residence provides ample space for family and guests alike. Situated on an impressive almost half-acre lot, surrounded by lush greenery, this property presents endless opportunities for outdoor enjoyment and tranquility. Experience the essence of peaceful living in this lovely rancher retreat by Laurel Lake.

Last Agent to Sell the Property

Anthony Causerano

Keller Williams Realty - Cherry Hill License #344297 Listed on: 05/14/2024

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Tara Maloney

Keller Williams Realty - Marlton

Keller Williams Realty - Marlton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,923

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 125.00 x 150.00

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,895 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 20-00046-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,923

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator, window treatments, light fixtures
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-14
  • Federal Flood Zone: No
  • Year Built: 1948
  • Automatically Close On Close Date: Yes
  • Remarks Public: Nestled at the serene end of a tranquil dead-end street, this charming rancher boasts a picturesque setting just steps away from the serene shores of Laurel Lake. Meticulously maintained, this home offers a cozy retreat with a living room adorned by a classic brick fireplace, perfect for warming up on chilly evenings. The kitchen features a convenient eat-in area, ideal for casual dining or hosting gatherings. Step into the inviting family room, illuminated by natural light pouring in through sliders that open onto the expansive rear yard, inviting outdoor relaxation and entertainment. With four bedrooms offering comfort and versatility, along with a well-appointed bath, this residence provides ample space for family and guests alike. Situated on an impressive almost half-acre lot, surrounded by lush greenery, this property presents endless opportunities for outdoor enjoyment and tranquility. Experience the essence of peaceful living in this lovely rancher retreat by Laurel Lake.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1895
  • Living Area Sq Ft: 1895
  • Price Per Sq Ft: 189.92
  • Above Grade Finished Sq Ft: 1895
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Oil
  • 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: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 125.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18748.00
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8923.00
  • Assessor Parcel Number: 20-00046-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1895
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/19/2024

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 10, 2024
Sold by
Ierley Margaret R
Bought by
Schuster Herman Frederick and Schuster Elizabeth H
Seller's Agent
Anthony Causerano
Keller Williams Realty - Cherry Hill
Buyer's Agent
Tara Maloney
Keller Williams Realty - Marlton
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Views
44
Current Estimated Value
$371,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,264
Avg. Annual Appreciation
-0.74%
Original Mortgage
$296,000
Outstanding Balance
$292,917
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$73,947
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
Schuster Herman Frederick $370,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuster Herman Frederick $296,000
Previous Owner Ierley David F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $370,000 +2.8% $195 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $359,900 -- $190 / 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 $9,208 $165,500 $43,500 $122,000
2024 $8,924 $165,500 $43,500 $122,000
2023 $8,924 $165,500 $43,500 $122,000
2022 $8,781 $165,500 $43,500 $122,000
2021 $7,904 $165,500 $43,500 $122,000
2020 $8,596 $165,500 $43,500 $122,000
2019 $869 $165,500 $43,500 $122,000
2018 $8,437 $165,500 $43,500 $122,000
2017 $8,186 $165,500 $43,500 $122,000
2016 $8,814 $117,400 $32,800 $84,600
2015 $8,361 $117,400 $32,800 $84,600
2014 $8,229 $117,400 $32,800 $84,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2067100

Bright MLS

APN: 20-00046-0000-00001