NOT LISTED FOR SALE

56 Southgate Dr Mount Laurel, NJ 08054

Estimated Value: $378,031 - $427,000

3 Beds
2.5 Baths
1,452 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $210,000 $145 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,652/month

Highlights

  • Colonial Architecture
  • Deck
  • Attic
  • Cherokee High School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of August 2016

Tenants just moved out! Photos to come! Minutes to 295 and NJ Turnpike, swimming, and shopping, you will find this fabulous updated townhome in Innisfree. This home is upgraded throughout with deep cherry mahogany hardwood flooring throughout. The remodeled kitchen offers new wood cabinetry, hardwood and newer vinyl flooring, and a cozy breakfast nook. Gather round the wood-burning fireplace with sliding glass doors on either side in the expansive living room. The roomy dining room will accommodate the largest of gatherings. The finished basement would make a home office or den, plus it has tons of storage! Upstairs, find three large bedrooms, including an unbelievably generous master that has tons of closet space and its own bath and a second floor laundry room. So much home for the money and no HOA fees. Backyard offers a large deck for outdoor barbecuing and a park-like setting! Lots of home for the money! Move right in!!

Last Agent to Sell the Property

Scott Johnson

Keller Williams Realty - Moorestown Listed on: 05/10/2016

Last Buyer's Agent

Beverly Booker

Keller Williams Realty - Medford License #1006478

Keller Williams Realty - Medford

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,098

Year Built

  • Built in 1983

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 24x125
  • Sloped Lot
  • Property is in good condition

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,452 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on upper level
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Lenape High School

Utilities

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

Community Details

  • No Home Owners Association
  • Innisfree Subdivision

Listing and Financial Details

  • Tax Lot 00029
  • Assessor Parcel Number 24-01005 06-00029

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,098

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Refrigerator
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1983
  • Remarks Public: Tenants just moved out! Photos to come! Minutes to 295 and NJ Turnpike, swimming, and shopping, you will find this fabulous updated townhome in Innisfree. This home is upgraded throughout with deep cherry mahogany hardwood flooring throughout. The remodeled kitchen offers new wood cabinetry, hardwood and newer vinyl flooring, and a cozy breakfast nook. Gather round the wood-burning fireplace with sliding glass doors on either side in the expansive living room. The roomy dining room will accommodate the largest of gatherings. The finished basement would make a home office or den, plus it has tons of storage! Upstairs, find three large bedrooms, including an unbelievably generous master that has tons of closet space and its own bath and a second floor laundry room. So much home for the money and no HOA fees. Backyard offers a large deck for outdoor barbecuing and a park-like setting! Lots of home for the money! Move right in!!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Flooring Type: Wood, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1452
  • Living Area Sq Ft: 1452
  • Net Sq Ft: 1452.00
  • Price Per Sq Ft: 153.24
  • Above Grade Finished Sq Ft: 1452
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 56

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Parking Features: Street
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Schools

  • School District: LENAPE REGIONAL HIGH
  • High School: LENAPE
  • School District Key: 300200397294
  • High School: LENAPE

Lot Info

  • Improvement Assessed Value: 129400.00
  • Land Assessed Value: 58500.00
  • Lot Features: Sloping
  • Lot Size Acres: 0.07
  • Lot Dimensions: 24X125
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3000.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1705841
  • Tax Annual Amount: 5098.00
  • Assessor Parcel Number: 24-01005 06-00029
  • Tax Lot: 00029
  • Tax Year: 2015
  • Close Date: 08/29/2016

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 19, 2016
Sold by
Siegel Robert and Siegel Helen
Bought by
Bostic Tanya
Seller's Agent
Scott Johnson
Keller Williams Realty - Moorestown
Buyer's Agent
Beverly Booker
Keller Williams Realty - Medford
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$401,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,508
Avg. Annual Appreciation
7.43%
Original Mortgage
$203,700
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Pennell Scott V and Pennell Martha L
Bought by
Siegel Robert and Siegel Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,950
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 2002
Sold by
Pennell Scott V
Bought by
Pennell Martha L and Pennell Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,980
Interest Rate
6.18%
Mortgage Type
VA

Purchase Details

Closed on
Oct 27, 1994
Sold by
Dagney Andrew M and Dagney Susanne M
Bought by
Pennell Scott

Purchase Details

Closed on
Sep 1, 1993
Sold by
Kelley William T
Bought by
Dagney Andrew and Dagney Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.9%
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
Bostic Tanya $210,000 Your Hometown Title
Siegel Robert $278,500 Weichert Title Agency
Pennell Martha L -- National Title Agency
Pennell Scott $119,500 Congress Title Corp
Dagney Andrew $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostic Tanya $224,000
Closed Bostic Tanya $203,700
Previous Owner Siegel Robert $169,412
Previous Owner Siegel Robert $194,950
Previous Owner Pennell Martha L $120,980
Previous Owner Dagney Andrew $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $210,000 -5.6% $145 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/26/2016 07/26/16 Price Changed $222,500 -1.1% $153 / Sq Ft
06/21/2016 06/21/16 For Sale $225,000 +7.1% $155 / Sq Ft
06/03/2016 06/03/16 Off Market $210,000 -- --
05/10/2016 05/10/16 For Sale $225,000 0.0% $155 / Sq Ft
02/01/2015 02/01/15 Rented $1,825 -1.4% --
12/21/2014 12/21/14 Under Contract -- -- --
11/15/2014 11/15/14 For Rent $1,850 +2.8% --
12/15/2012 12/15/12 Rented $1,800 +2.9% --
11/30/2012 11/30/12 Under Contract -- -- --
11/02/2012 11/02/12 For Rent $1,750 0.0% --
04/01/2012 04/01/12 Rented $1,750 0.0% --
03/12/2012 03/12/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $1,750 -- --
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 $5,774 $182,900 $58,500 $124,400
2024 $5,557 $182,900 $58,500 $124,400
2023 $5,557 $182,900 $58,500 $124,400
2022 $5,538 $182,900 $58,500 $124,400
2021 $5,434 $182,900 $58,500 $124,400
2020 $5,328 $182,900 $58,500 $124,400
2019 $5,273 $182,900 $58,500 $124,400
2018 $5,376 $187,900 $58,500 $129,400
2017 $5,237 $187,900 $58,500 $129,400
2016 $5,158 $187,900 $58,500 $129,400
2015 $5,098 $187,900 $58,500 $129,400
2014 $5,047 $187,900 $58,500 $129,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002428588

Bright MLS

APN: 24-01005-06-00029