NOT LISTED FOR SALE

58 Algonquin Trail Medford, NJ 08055

Estimated Value: $854,000 - $929,000

5 Beds
3.5 Baths
3,678 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $450,000 $122 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,108/month

277 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Water Oriented
  • Colonial Architecture
  • Shawnee High School Rated A-
  • 0.58 Acre Lot
  • Wood Flooring

About This Home

As of October 2016

Incredible one of a kind sprawling homestead with room to roam and space for all. This 7 year old cedar planked beauty is across the street from the walking path to beach 3 in the idyllic lake community of Medford Lakes. The house sits on the corner of Hiawatha & Algonquin on a .58 acre parcel backing to a stream. Every inch of this special home exudes charm & character. Details & unique touches can be found in every corner. Charming front porch runs almost the length of the house. Step through the front door to the foyer. Gleaming hardwood floors throughout most of the first floor. Open & airy living & dining room with lovely stone wood burning fireplace & oversized box window focal points. Head through double French pocket doors to the family room which is open to the breakfast room & gourmet kitchen. A home for entertaining! The family room, breakfast room, kitchen and pantry area offer a superb space for the master cook; a place for the family to gather, and hang, with room enough to entertain guests. Cherry stained cabinetry, coordinating Corian countertops, kitchen island , high end SS appliances, recessed lighting, 12x12 tile floor to name a few of the features. A true cook's delight with a treasure trove of kitchen features! Look for the media room just off the kitchen another great entertaining space or movie night with the family. Take the spiral staircase up to yet another bonus room!(Playroom hideaway, office, game room) 1st floor master suite a true delight hardwood floor complemented by a neutral palette a washed with light, ample closet & private adjoining bath?Jade green glass tile floor & white pedestal sink, corner shower & WC. 2 other fantastic first floor bedrooms each possess hardwood floors & designer painted walls. Beautiful hall bath white washed walls & fixtures amidst a blue glass tile floor. Large first floor laundry. Sumptuous top floor master suite hideaway. Ascend up the private 2 story stairway to an open entry foyer. Enjoy a huge bedroom area, sitting area, dressing room & king sized walk in closet. Creamy off white carpeting & designer painted walls. Lux bath: red painted walls, black & white tile floor, his & her vanity sinks, soaking freestanding pedestal tub, oversized shower, double skylights. Adorable fifth bedroom on the top floor. Loads of storage space, shed, one car garage, generator hookup. The fenced in back yard has so much to offer with a grand covered patio & 2 other seating areas to enjoy!

Last Agent to Sell the Property

Jennifer Lynch

(609) 351-4890 lynchlodge@verizon.net Coldwell Banker Realty Listed on: 10/29/2015

Coldwell Banker Realty

Last Buyer's Agent

Janet Brown

(609) 923-0905 janetbrown@weichert.com Weichert Realtors-Medford License #SB-7834591

Weichert Realtors-Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,987

Year Built

  • Built in 1956 | Remodeled in 2007

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 101x50x196x77
  • 101 Feet of Waterfront
  • Creek or Stream
  • Corner Lot
  • Back, Front, and Side Yard
  • Property is in good condition
  • Property is zoned LR

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,678 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Butlers Pantry
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Water Oriented
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Property is near a creek

Schools

  • Shawnee High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 02794
  • Assessor Parcel Number 21-30067-02794

Community Details

Overview

  • Association fees include pool(s)

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,987

Year Built

Built in 1956 | Remodeled in 2007

Lot Details

0

HOA Fees

$35 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Generator
  • Inclusions: Washer, Dryer, Refrigerator(S) -2 All Window Treatments And Lighting.
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1956
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Oven - Self Cleaning, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Water Treat System, Dining Area
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 3678
  • Living Area Sq Ft: 3678
  • Net Sq Ft: 3678.00
  • Price Per Sq Ft: 135.67
  • Above Grade Finished Sq Ft: 3678
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Exterior Features: Exterior Lighting
  • Roof: Pitched, Shingle
  • Water Body Type: Creek/Stream
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No
  • Water Frontage In Feet: 101

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Garage Features: Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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: Well

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts
  • HOA Condo Co-Op Fee Includes: Pool(s)
  • HOA: Yes

Schools

  • High School: SHAWNEE

Lot Info

  • Improvement Assessed Value: 335800.00
  • Land Assessed Value: 97400.00
  • Lot Features: Corner, Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.58
  • Lot Dimensions: 101X50X196X77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25439.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: LR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1681593
  • Tax Annual Amount: 12987.00
  • Assessor Parcel Number: 21-30067-02794
  • Tax Lot: 02794
  • Tax Year: 2015

MLS Schools

  • School District Name: LENAPE REGIONAL HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2017
Sold by
Cavicchia Paul G
Bought by
Galli Richard M and Galli Anne G
Current Estimated Value
$891,687

Purchase Details

Listed on
Oct 29, 2015
Closed on
Nov 9, 2016
Sold by
Cavicchia Ii Paul G
Bought by
Matteson Lorraine
Seller's Agent
Jennifer Lynch
Coldwell Banker Realty
Buyer's Agent
Janet Brown
Weichert Realtors-Medford
List Price
$580,000
Sold Price
$450,000
Premium/Discount to List
-$130,000
-22.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$360,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2015
Closed on
Oct 11, 2016
Sold by
Cavicchia Lorraine Mattason
Bought by
Galli Richard M and Galli Anne G
Seller's Agent
Jennifer Lynch
Coldwell Banker Realty
Buyer's Agent
Janet Brown
Weichert Realtors-Medford
List Price
$580,000
Sold Price
$450,000
Premium/Discount to List
-$130,000
-22.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Cavicchia Lorraine
Bought by
Cavicchia Lorraine and Cavicchia Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Jeroski Gerald and Jeroski Leslie
Bought by
Cavicchia Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.81%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galli Richard M -- Weichert Title Agency
Matteson Lorraine -- Weichert Title Agency
Galli Richard M $450,000 Weichert Title Agency
Cavicchia Lorraine -- None Available
Cavicchia Lorraine $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matteson Lorraine $360,000
Previous Owner Galli Richard M $360,000
Previous Owner Cavicchia Lorraine $150,000
Previous Owner Cavicchia Lorraine $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $450,000 -9.8% $122 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $499,000 -3.1% $136 / Sq Ft
03/14/2016 03/14/16 Price Changed $515,000 -1.9% $140 / Sq Ft
01/27/2016 01/27/16 Price Changed $525,000 -6.1% $143 / Sq Ft
11/11/2015 11/11/15 Price Changed $559,000 -3.6% $152 / Sq Ft
10/29/2015 10/29/15 For Sale $580,000 -- $158 / 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 $16,470 $433,200 $97,400 $335,800
2024 $15,574 $433,200 $97,400 $335,800
2023 $15,574 $433,200 $97,400 $335,800
2022 $15,236 $433,200 $97,400 $335,800
2021 $14,833 $433,200 $97,400 $335,800
2020 $14,426 $433,200 $97,400 $335,800
2019 $14,400 $433,200 $97,400 $335,800
2018 $14,036 $433,200 $97,400 $335,800
2017 $13,403 $433,200 $97,400 $335,800
2016 $13,070 $433,200 $97,400 $335,800
2015 $12,987 $433,200 $97,400 $335,800
2014 $12,684 $433,200 $97,400 $335,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002727974

Bright MLS

APN: 21-30067-0000-02794