NOT LISTED FOR SALE

551 Elmwood Rd N Marlton, NJ 08053

Estimated Value: $860,000 - $988,000

5 Beds
4.5 Baths
4,756 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $730,000 $153 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,775/month

91 Days on Market

Highlights

  • 6.5 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Lenape High School Rated A-
  • Cathedral Ceiling
  • Whirlpool Bathtub

About This Home

As of November 2021

Fall in love with this Stunning Custom Home in the highly sought after Evesham Township. Over 4700 square foot of luxury living, backing to a picturesque Backyard with room for a pool. This resort estate home with distinguished Stone front, boasts a stunning presence with over 7 acres of lushly landscaped grounds accented with custom hardscaping and lighting. As you enter the dramatic two story foyer, you are greeted with soaring ceilings, grand wrought iron staircase, gorgeous rose marble flooring, Crown and box molding and an exquisite Chandelier! The Foyer is flanked by the gracious and elegant Dining Room and office with beautiful vaulted ceilings, decorative lighting, custom moldings, exquisite hardwood flooring, and large wall of windows showcasing the beautiful grounds and flooding the home with warmth and sunlight. The dramatic two-story Family Room features Brazilian cherry hardwood flooring, recessed lights, boxed vaulted ceil, double sided stone gas fireplace, arched windows and doorways, and surround sound. As you go through the arched, French double doors to enter the sun room, notice the wall of windows, floor to ceiling stone fire place and hardwood flooring. The Gourmet Kitchen offers everything you can think of, from the expansive kitchen island with granite countertops and counter seating, 42" gorgeous custom cabinetry, Custom backsplash, Stainless Steel appliances, butler pantry, trash compactor, double dishwasher, and tile floors. The kitchen is open to the elegant breakfast room with vaulted ceiling, arched windows overlooking the beautiful backyard. This main level offers a powder room, a laundry room and a gym/game room. As you go up the stairs to the second level, the open balcony hallway with boxed moldings leads to a Princess Suite with a private bathroom, two bedrooms sharing a Jack and Jill bath, and a hallway full bathroom. Retreat to the sprawling Owner's Suite with Sitting Room, tray ceiling, crown moldings, fireplace, hardwood flooring, 2 large walk-in closets, and a Luxurious Master Bath with Jacuzzi tub, full glass shower with spa jets, double sink vanity, and custom tiled flooring. Enjoy summer evenings on the rear yard paver patio with built in grill and cooking area, and a playset overlooking the private treed backyard. Additional amenities include extensive hardscaping, recessed lighting, built in speaker system, security system, irrigation system, and three car garage. This home is situated on 5.5 acres in Marlton and 1.47 acres in Mt. Laurel. Within minutes are a wide array of shopping, restaurants, and recreational activities. Enjoy Marlton's wonderful downtown, excellent schools, social events, and so much more. Make your appointment to see it today!

Last Agent to Sell the Property

Mark Cuccuini

EXP Realty, LLC License #341323 Listed on: 07/21/2021

EXP Realty, LLC

Last Buyer's Agent

Gazi Ataseven

HomeSmart Realty Advisors License #RM426020

HomeSmart Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,304

Year Built

  • Built in 2007

Lot Details

  • 6.5 Acre Lot
  • Property is in excellent condition

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,756 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 3 Fireplaces
  • Stone Fireplace
  • Bay Window
  • Family Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Home Security System
  • Laundry on main level

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 13-00011 51-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,304

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Fall in love with this Stunning Custom Home in the highly sought after Evesham Township. Over 4700 square foot of luxury living, backing to a picturesque Backyard with room for a pool. This resort estate home with distinguished Stone front, boasts a stunning presence with over 7 acres of lushly landscaped grounds accented with custom hardscaping and lighting. As you enter the dramatic two story foyer, you are greeted with soaring ceilings, grand wrought iron staircase, gorgeous rose marble flooring, Crown and box molding and an exquisite Chandelier! The Foyer is flanked by the gracious and elegant Dining Room and office with beautiful vaulted ceilings, decorative lighting, custom moldings, exquisite hardwood flooring, and large wall of windows showcasing the beautiful grounds and flooding the home with warmth and sunlight. The dramatic two-story Family Room features Brazilian cherry hardwood flooring, recessed lights, boxed vaulted ceil, double sided stone gas fireplace, arched windows and doorways, and surround sound. As you go through the arched, French double doors to enter the sun room, notice the wall of windows, floor to ceiling stone fire place and hardwood flooring. The Gourmet Kitchen offers everything you can think of, from the expansive kitchen island with granite countertops and counter seating, 42" gorgeous custom cabinetry, Custom backsplash, Stainless Steel appliances, butler pantry, trash compactor, double dishwasher, and tile floors. The kitchen is open to the elegant breakfast room with vaulted ceiling, arched windows overlooking the beautiful backyard. This main level offers a powder room, a laundry room and a gym/game room. As you go up the stairs to the second level, the open balcony hallway with boxed moldings leads to a Princess Suite with a private bathroom, two bedrooms sharing a Jack and Jill bath, and a hallway full bathroom. Retreat to the sprawling Owner's Suite with Sitting Room, tray ceiling, crown moldings, fireplace, hardwood flooring, 2 large walk-in closets, and a Luxurious Master Bath with Jacuzzi tub, full glass shower with spa jets, double sink vanity, and custom tiled flooring. Enjoy summer evenings on the rear yard paver patio with built in grill and cooking area, and a playset overlooking the private treed backyard. Additional amenities include extensive hardscaping, recessed lighting, built in speaker system, security system, irrigation system, and three car garage. This home is situated on 5.5 acres in Marlton and 1.47 acres in Mt. Laurel. Within minutes are a wide array of shopping, restaurants, and recreational activities. Enjoy Marlton's wonderful downtown, excellent schools, social events, and so much more. Make your appointment to see it today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Refrigerator, Trash Compactor, Oven - Self Cleaning
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Butlers Pantry, Dining Area, Stall Shower, Whirlpool/Hottub
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings
  • Foundation Details: Concrete Perimeter, Slab
  • Levels Count: 2
  • Room Count: 12
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Sun/Florida Room, Office
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 4756
  • Living Area Sq Ft: 4756
  • Price Per Sq Ft: 152.42
  • Above Grade Finished Sq Ft: 4756
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 551

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Upper Level Bathrooms: 4.00
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Stucco, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: EVESHAM TOWNSHIP
  • School District Key: 300200397458
  • School District Source: Listing Agent

Lot Info

  • Improvement Assessed Value: 457000.00
  • Land Assessed Value: 128000.00
  • Lot Size Acres: 6.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 283140.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1637925
  • Tax Annual Amount: 17304.00
  • Assessor Parcel Number: 13-00011 51-00009
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/30/2021

MLS Schools

  • School District Name: EVESHAM TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 24, 2021
Sold by
Shah Arati M and Shah Mooni D
Bought by
Atalan Muharrem
Seller's Agent
Mark Cuccuini
EXP Realty, LLC
Buyer's Agent
Gazi Ataseven
HomeSmart Realty Advisors
List Price
$724,900
Sold Price
$730,000
Premium/Discount to List
$5,100
0.7%
Total Days on Market
91
Current Estimated Value
$927,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,915
Avg. Annual Appreciation
7.07%
Original Mortgage
$548,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2009
Sold by
Wright Donald J
Bought by
Shah Arati M and Shah Mooni D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2006
Sold by
Seit Jeffrey D and Wright Donald J
Bought by
Wright Donald J

Purchase Details

Closed on
Dec 17, 2001
Sold by
Bakanas Raymond P and Bakanas Eileen
Bought by
Siet Jeffrey D and Wright Donald
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 Buyer Sale Price Title Company
Atalan Muharrem $730,000 None Listed On Document
Shah Arati M $596,400 None Available
Wright Donald J -- None Available
Siet Jeffrey D $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atalan Muharrem $548,000
Previous Owner Shah Mooni D $105,000
Previous Owner Shah Arati M $442,000
Previous Owner Shah Mooni D $157,000
Previous Owner Shah Mooni D $150,000
Previous Owner Shah Mooni D $50,000
Previous Owner Shah Arati M $417,000
Previous Owner Wright Donald J $407,000
Previous Owner Wright Donald $430,000
Previous Owner Siet Jeffrey $55,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $730,000 +0.7% $153 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $724,900 0.0% $152 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $724,900 -- $152 / 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 $18,796 $585,000 $128,000 $457,000
2023 $18,796 $585,000 $128,000 $457,000
2022 $17,954 $585,000 $128,000 $457,000
2021 $17,532 $585,000 $128,000 $457,000
2020 $17,304 $585,000 $128,000 $457,000
2019 $17,164 $585,000 $128,000 $457,000
2018 $16,924 $585,000 $128,000 $457,000
2017 $16,725 $585,000 $128,000 $457,000
2016 $16,316 $585,000 $128,000 $457,000
2015 $16,029 $579,000 $128,000 $451,000
2014 $15,413 $579,000 $128,000 $451,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2003238

Bright MLS

APN: 13-00011-51-00009