NOT LISTED FOR SALE

531 Walnut Ave Laurel Springs, NJ 08021

Estimated Value: $337,000 - $369,000

4 Beds
2.5 Baths
1,733 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $250,000 $144 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,679/month

39 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Built-In Features
  • Attic
  • Breakfast Area or Nook
  • 4-minute walk to Saratoga Park

About This Home

As of November 2021

Beautiful home on a quiet street. This home features gorgeous hardwood floors, bright and open spaces, first floor master suite, large eat in kitchen, 1st Floor laundry, and back patio area with large fenced in yard. Wonderfully maintained with lovely screened in front porch. Convenient location to shopping malls, hospitals, restaurants, and schools. First floor master can easily be used as an in-law suite with access to laundry, kitchen, and full bath, as well as easy exterior egress. Roof only 5 years old.

Last Agent to Sell the Property

Ed Barski

(856) 287-7614 ed@soldprosre.com Sold Pros Real Estate LLC License #RM423957 Listed on: 09/03/2021

Last Buyer's Agent

Mark McKenna

mark@patmckennarealtors.com EXP Realty, LLC License #8932774

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,149

Year Built

  • Built in 1940

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 1,733 Sq Ft Home
  • Property has 2 Levels
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Laundry Room
  • Attic
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Schools

  • Laurel Springs Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Electric Water Heater
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 20-00053-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,149

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: all appliances in as-is condition
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Breakfast Area, Attic, Kitchen - Eat-In, Recessed Lighting, Walk-In Closet(s)
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Basement, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1733
  • Living Area Sq Ft: 1733
  • Price Per Sq Ft: 138.49
  • Above Grade Finished Sq Ft: 1733
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • 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: 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: Electric
  • Sewer/Septic System: No Septic System, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: LAUREL SPRINGS E.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 121900.00
  • Land Assessed Value: 35000.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1890820
  • Tax Annual Amount: 8149.00
  • Assessor Parcel Number: 20-00053-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: LAUREL SPRINGS SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 12, 2021
Sold by
Catherine Penacoli
Bought by
Lanoza Brock
Seller's Agent
Ed Barski
Sold Pros Real Estate LLC
Buyer's Agent
Mark McKenna
EXP Realty, LLC
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Current Estimated Value
$355,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,471
Avg. Annual Appreciation
9.03%
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2014
Closed on
Nov 14, 2014
Sold by
Ciafullo Raymond F and Seabastian Cira
Bought by
Penacoli Paul J and Penacoli Catherine
Seller's Agent
Janet Brown
Weichert Realtors-Medford
Buyer's Agent
Victor Santucci Jr.
Real Broker, LLC
List Price
$209,950
Sold Price
$199,950
Premium/Discount to List
-$10,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$179,955
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2003
Sold by
Hofacker Brian
Bought by
Sebastian Cira and Ciafullo Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
5.82%

Purchase Details

Closed on
Aug 18, 1999
Sold by
Mackara Walter
Bought by
Hofacker Brian and Cristiano Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,875
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lanoza Brock $250,000 Fidelity National Title
Penacoli Paul J $199,950 Integrity Title Agency Inc
Sebastian Cira $135,000 --
Hofacker Brian $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanoza Brock $225,000
Previous Owner Penacoli Paul J $179,955
Previous Owner Sebastian Cira $128,250
Previous Owner Hofacker Brian $87,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Sold $250,000 +4.2% $144 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $240,000 0.0% $138 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $240,000 -4.0% $138 / Sq Ft
09/03/2021 09/03/21 Off Market $250,000 -- --
09/03/2021 09/03/21 For Sale $240,000 +20.0% $138 / Sq Ft
11/17/2014 11/17/14 Sold $199,950 0.0% -- View Prior Sale
10/09/2014 10/09/14 Pending -- -- --
07/22/2014 07/22/14 Price Changed $199,950 -4.8% --
06/30/2014 06/30/14 For Sale $209,950 -- --
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 $9,776 $175,700 $35,000 $140,700
2024 $9,474 $175,700 $35,000 $140,700
2023 $9,474 $175,700 $35,000 $140,700
2022 $8,325 $156,900 $35,000 $121,900
2021 $8,248 $156,900 $35,000 $121,900
2020 $8,149 $156,900 $35,000 $121,900
2019 $824 $156,900 $35,000 $121,900
2018 $7,999 $156,900 $35,000 $121,900
2017 $7,760 $156,900 $35,000 $121,900
2016 $7,658 $102,000 $27,500 $74,500
2015 $7,482 $102,000 $27,500 $74,500
2014 $7,366 $102,000 $27,500 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2006758

Bright MLS

APN: 20-00053-0000-00003