NOT LISTED FOR SALE

571 Elmwood Rd N Marlton, NJ 08053

Estimated Value: $467,081 - $584,000

4 Beds
2.5 Baths
4,406 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $425,000 $96 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,479/month

25 Days on Market

Highlights

  • Private Pool
  • 5.04 Acre Lot
  • Backs to Trees or Woods
  • Lenape High School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of March 2024

ATTENTION FIX N FLIP INVESTORS and EXPERIENCED REHABBERS, here is a renovation home sitting on 12 ACRES IN MARLTON! This is your next big project! Siting on 3 separate lots, this 12 acre parcel is one of the more unique properties in this desirable area. The house itself is 4400 square feet and is in need of total rehab. However, the ARVs are there to make it work! The current owner has applied for gas at the street and there is public water already in place with public sewer hookups at the street as well. This once-stunning, 4 bed 2.5 bath, custom home is ready for you to bring it back to life. What's more, lot 10, to the left of the home, is a perfectly shaped, clear flat lot with 200 feet of frontage. You could easily divide it out separately and build a home there with amazing comps to maximize your ROI. This property sits right on the line between Marlton and Mount Laurel in the lovely Evesham TWP of Burlington County and is in the LENAPE REGIONAL SCHOOL DISTRICT. The re-salability of this home is incredible. Sell it with all 12 acres or subdivide out to do two projects for the price of one. This is where everyone wants to be! Don't let this one past your desk! It is definitely worth a look.

Last Agent to Sell the Property

Michael DePalma

DePalma Realty Listed on: 12/08/2023

Last Buyer's Agent

Michael DePalma

DePalma Realty Listed on: 12/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1949

Lot Details

  • 5.04 Acre Lot
  • Backs to Trees or Woods
  • Lot 10 is also going with it. In addition, the lot behind it at block 703, lot 28 also included. 12 acres total.
  • Property is zoned LD

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 4,406 Sq Ft Home
  • Property has 2.5 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • On Site Septic
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 13-00011 51-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,905

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Craftsman
  • Ownership: Fee Simple
  • Exclusions: Owner construction equipment.
  • Inclusions: Everything at the property.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 2.5
  • Basement: No
  • Total Sq Ft: 4406
  • Living Area Sq Ft: 4406
  • Price Per Sq Ft: 108.94
  • Above Grade Finished Sq Ft: 4406
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 571

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas Available, Natural Gas
  • Heating: Yes
  • Hot Water: Propane, Natural Gas
  • Sewer/Septic System: Public Hook/Up Avail, On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: LENAPE REGIONAL HIGH
  • School District Key: 300200397294
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Lot 10 is also going with it. In addition, the lot behind it at block 703, lot 28 also included. 12 acres total.
  • Lot Features: Backs To Trees
  • Lot Size Acres: 5.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 219542.00
  • Year Assessed: 2022
  • Zoning: LD

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6905.00
  • Assessor Parcel Number: 13-00011 51-00011
  • Tax Lot: 00011
  • Tax Total Finished Sq Ft: 4406
  • Tax Year: 2022
  • Close Date: 03/07/2024

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Mar 7, 2024
Sold by
Sab Equities 1 Llc
Bought by
Atalan Muharrem
Seller's Agent
Michael DePalma
DePalma Realty
Buyer's Agent
Michael DePalma
DePalma Realty
List Price
$480,000
Sold Price
$425,000
Premium/Discount to List
-$55,000
-11.46%
Total Days on Market
25
Views
393
Current Estimated Value
$512,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,520
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
Nov 9, 2023
Sold by
Ariano Jean-Marc
Bought by
Sab Equities 1 Llc

Purchase Details

Closed on
Nov 18, 2019
Sold by
571 Elmwood Llc
Bought by
Ariano Jean Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2018
Closed on
Jan 7, 2019
Sold by
Wilmington Savings Fund Society
Bought by
571 Elmwood Llc
Seller's Agent
Stephen Clyde
Your Home Sold Guaranteed, Nancy Kowalik Group
Buyer's Agent
Yodimila Langan
EXP Realty, LLC
List Price
$165,000
Sold Price
$171,150
Premium/Discount to List
$6,150
3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%

Purchase Details

Closed on
Mar 26, 2018
Sold by
Mulley Steven and Mulley Marivic
Bought by
Wilmington Savings Fund Society

Purchase Details

Closed on
Dec 4, 2007
Sold by
Mulley Steven M and Mulley Marivic
Bought by
Mulley Steven M and Mulley Marivic

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
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Boughton Nicholas and Boughton Caroline
Bought by
Mulley Steven and Mulley Marivic

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
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Boughton Nicholas and Boughton Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
7.08%
Source: Public Records

Similar Homes in the area

  • 886 Lafayette Dr, Mount Laurel, NJ 08054

    $585,000

    • 4 Beds
    • 2.5 Baths
    • 2,362 Sq Ft
    • 886 Lafayette Dr
    • Mount Laurel, NJ

    Welcome to an impeccably maintained home nestled in the heart of the charming Ramblewood Farms community. Situated in a very quiet neighborhood, this 4-bedroom, 2.5-bath home boasts spacious, well-thought-out living spaces. Through the front door and you’re in the large center hall entry, illuminated by a skylight, leading to an elegant living room with gleaming hardwood floors and a large bay

    William McDonnell Compass New Jersey, LLC - Moorestown

    Section Image
  • 100 Fox Hill Dr, Marlton, NJ 08053

    $565,000

    • 4 Beds
    • 2.5 Baths
    • 2,020 Sq Ft
    • 100 Fox Hill Dr
    • Marlton, NJ

    Welcome to this wonderful 4 bedroom, 2.5 bathroom corner lot colonial-style home in the Country Farms neighborhood of Marlton! Recently updated, this property boasts an open-layout living space featuring newer engineered hardwood flooring and fresh neutral paint. A convenient coat closet and powder room are located right off the main living area. Sliding glass doors seamlessly connect the

    Meghan Klauder RE/MAX ONE Realty

    Section Image
  • 14 Alcott Way, Marlton, NJ 08053

    $579,900

    • 2 Beds
    • 2.5 Baths
    • 2,461 Sq Ft
    • 14 Alcott Way
    • Marlton, NJ

    Absolutely Beautiful 2 Bedroom, 2 Full Bath and 1 Partial Bath Traditional style home in the 55+ community of Sharps Run. This home has been meticulously maintained inside and out. The interior of this home boasts Hardwood flooring throughout most of the first floor, an open floor plan, a foyer when you first walk in that is open to a large formal living room that has vaulted ceilings and a large

    Jason Gareau Long & Foster Real Estate, Inc.

    Section Image
  • 17 Alcott Way, Marlton, NJ 08053

    $592,000

    • 2 Beds
    • 2 Baths
    • 1,854 Sq Ft
    • 17 Alcott Way
    • Marlton, NJ

    Exceptional Architectural Detail through-out this Brentwood Model. Upon entering you'll notice the arch doorways, crown molding, tray ceiling and hardwood flooring that is carried through-out the home. Enjoy the open floor plan starting with the Great Room displaying a vaulted ceiling, recessed lighting, ceiling fan, two full length windows with Plantation shutters and a gas burning

    Kathy Adams BHHS Fox & Roach-Medford

    Section Image
  • 14 Poinsettia Ln, Marlton, NJ 08053

    $625,000

    • 2 Beds
    • 2 Baths
    • 2,147 Sq Ft
    • 14 Poinsettia Ln
    • Marlton, NJ

    If you have been looking for the perfect retirement home, look no further!! This 2,147 square foot beauty has it all. Uniquely styled inside and out. Open floor plan includes a large Primary Bedroom with Private Bath and a Second Bedroom with adjacent Bath. There is a formal Dining Room, Family Room with huge picture window that overlooks the manicured lot and a Kitchen to die for!!! Added

    Eileen Hartman Century 21 Alliance-Moorestown

    Section Image
  • 24 Huxley Cir, Marlton, NJ 08053

    $605,000

    • 2 Beds
    • 2.5 Baths
    • 2,305 Sq Ft
    • 24 Huxley Cir
    • Marlton, NJ

    Located near a pond on the quietest street in the active adult 55+ community of Legacy Oaks is where you'll find this much sought after Grisham model home on a premium lot backing up to the Preserve. The professionally landscaped front yard features an extra wide paver driveway with unique front paver patio & "sitting wall". When you enter the home you will notice the hardwood floors and custom

    Lorna Kaim Compass New Jersey, LLC - Moorestown

    Section Image
  • 5 Larkspur Dr, Marlton, NJ 08053

    $495,000

    • 2 Beds
    • 2 Baths
    • 1,720 Sq Ft
    • 5 Larkspur Dr
    • Marlton, NJ

    CONTRACTS OUT! Welcome to easy, elegant living in this beautifully maintained 2-bedroom, 2-bath home located in the sought-after Village Greenes 55+ community of Marlton. Thoughtfully designed for comfort and convenience, this home features two spacious bedrooms, each with walk-in closets. The primary suite includes a private ensuite bath, while the second full bathroom is easily accessible for

    Jennean Veale BHHS Fox & Roach-Marlton

    Section Image
  • 18 Harwood Rd, Marlton, NJ 08053

    $450,000

    • 5 Beds
    • 2.5 Baths
    • 2,612 Sq Ft
    • 18 Harwood Rd
    • Marlton, NJ

    Welcome home to Cambridge Park. This spacious Ashwood model features 5 bedrooms, 2.5 baths and is filled with natural light. The first floor has a formal living with a vaulted ceiling, a large eat-in kitchen with custom pantry with sliding barn doors, built-in window bench seat for additional storage, recessed lighting, white cabinets, stainless steel appliances, granite like counter tops, an

    Kelli Fishbein, CCIM Keller Williams Realty - Cherry Hill

    Section Image
  • 6 Heather Dr, Marlton, NJ 08053

    $525,000

    • 4 Beds
    • 3 Baths
    • 1,940 Sq Ft
    • 6 Heather Dr
    • Marlton, NJ

    Welcome to this Incredibly Cute 3 to 4 Bedroom, 3 Full Bath Contemporary Home filled with Lots of Natural Light! There are 3 Bedrooms on the Main Level and a Loft that would make an amazing Master Suite! Vaulted Ceilings in the Living Room with an Overlook from the Loft! Living Room offers a Wood Burning Stone Fireplace and Beautiful Hardwood Floors! The Dining Room is Open to the Living Room

    Jennifer Cotton BHHS Fox & Roach-Moorestown

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $425,000 Fidelity National Title
Sab Equities 1 Llc $335,000 Fidelity National Title
Ariano Jean Marc $115 None Listed On Document
Ariano Jean Marc $115 None Listed On Document
571 Elmwood Llc $171,150 None Available
Wilmington Savings Fund Society -- Fortune Title Agency Inc
Mulley Steven M -- None Available
Mulley Steven $600,000 None Available
Boughton Nicholas $113,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ariano Jean Marc $318,750
Previous Owner Mulley Steven M $417,000
Previous Owner Mulley Steven $417,000
Previous Owner Boughton Nicholas $454,750
Previous Owner Boughton Caroline $76,500
Previous Owner Boughton Caroline $250,800
Previous Owner Boughton Caroline $210,000
Previous Owner Boughton Nicholas $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $425,000 -11.5% $96 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $480,000 +180.5% $109 / Sq Ft
02/05/2019 02/05/19 Sold $171,150 +3.7% --
12/27/2018 12/27/18 Pending -- -- --
12/20/2018 12/20/18 For Sale $165,000 -- --
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 $7,229 $225,000 $125,000 $100,000
2023 $7,229 $225,000 $125,000 $100,000
2022 $6,905 $225,000 $125,000 $100,000
2021 $6,742 $225,000 $125,000 $100,000
2020 $6,656 $225,000 $125,000 $100,000
2019 $6,602 $225,000 $125,000 $100,000
2018 $15,998 $553,000 $226,000 $327,000
2017 $15,810 $553,000 $226,000 $327,000
2016 $15,423 $553,000 $226,000 $327,000
2015 $15,152 $553,000 $226,000 $327,000
2014 $14,721 $553,000 $226,000 $327,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJBL2057322

Bright MLS

APN: 13-00011-51-00011