NOT LISTED FOR SALE

6 Cedar Falls Dr Medford, NJ 08055

Estimated Value: $1,384,392 - $1,538,000

4 Beds
4.5 Baths
4,900 Sq Ft
$295/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $865,000 $177 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,944/month

Highlights

  • Parking available for a boat
  • Home fronts navigable water
  • Water Access
  • Haines Memorial 6th Grade Center Rated A-
  • Private Beach
  • Lake View

About This Home

As of August 2020

A rare opportunity to own a gorgeous lakefront custom built home with 390 feet of sweeping lake views situated on 1.44 acres on a peninsula. Deep set for complete privacy, a long, tree lined driveway delivers you to this one of a kind custom built home with extensive landscaping. A brick paver walk-way meanders 360 degrees around the entire home, that s where the awe begins! The views are spectacular! Amenities include a paver patio, a private white sandy beach, a dock, a second boat launching beach, a lush lawn and extensive landscaping with a tremendous amount of up lighting. The WOW doesn t stop there, you ll marvel at what the interior has to offer with 4900 sq. ft. of luxurious living and entertaining space. This beautifully designed and well-appointed home offers stunning lake views from every room. The interior showcases an open floor plan with a grand entry, a custom crafted front door, a two story foyer and architectural details including upgraded trim, finishes and built-ins. The designer kitchen features granite counters, newer, top of the line stainless steel appliances, pot filler, warming drawer, farm house sink, a tile floor, low voltage lighting, a fireplace and a large walk-in butler s pantry with custom cabinetry and shelving. A door in the Breakfast room opens to a renovated, wraparound lakefront screened in patio. There is a spacious living room, formal dining room, a first floor library and a den with a window seat and a custom built in wall unit. Imagine awakening every morning with amazing views of the lake. The first floor master bedroom suite features a sitting area, a dressing area, both his and her walk-in closets and an upgraded luxurious master bathroom with a steam shower. Just down the hall are a home office to keep everyone organized and a full bathroom. A back staircase leads to a super spacious bonus room (currently an in home gym) and an expansive walk-in attic offering a ton of storage. Back to the grand, two story foyer, a wood staircase leads to the second floor where you will find a princess bedroom suite with a private bathroom. Two additional bedrooms share a jack-n-jill bathroom with a separate area with dual vanities and separate area with a shower. A den outside of the bedrooms overlooks the first level and would make a great play area for the kids and/or a place for the teens to hang out . This home also offers a full basement with a sports turf area, perfect for soccer or lacrosse training. The oversized three car garage offers plenty of extra room. In addition, there is an abundant amount of driveway parking. In the evening the exterior comes alive with extensive exterior and landscape lighting. There is also a Smart house/alarm system with a smart thermostat. This is indeed a very extraordinary home with an endless list of upgrades, close to Philly and the Jersey shore, in a highly rated school district. Just perfect in every way. You can also enjoy Mimosa Lakes own private beach.

Last Agent to Sell the Property

Andre LaPierre

(609) 410-5720 realtorandrelapierre@gmail.com Keller Williams Realty - Medford License #RS337443 Listed on: 05/28/2020

Keller Williams Realty - Medford

Last Buyer's Agent

Michelle Carite

(609) 923-2735 MichelleCarite@aol.com Weichert Realtors - Moorestown License #233422

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,028

Year Built

  • Built in 2006 | Remodeled in 2016

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 184x306x390x149
  • Home fronts navigable water
  • Private Beach
  • Cul-De-Sac
  • Extensive Hardscape
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Back, Front, and Side Yard
  • Property is in good condition

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 4,900 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Stained Glass
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Lake Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Commercial Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Home Security System
  • Flood Lights

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Water Access
  • Property is near a lake
  • Exterior Lighting

Schools

  • Cranberry Pine Elementary School
  • Medford Township Memorial Middle School
  • Shawnee High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Water Treatment System
  • Well
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • Municipal Trash
  • Septic Tank

Community Details

  • Mimosa Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-06304-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,028

Year Built

Built in 2006 | Remodeled in 2016

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-06-01
  • Federal Flood Zone: No
  • Year Built: 2006
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Commercial Range, Dishwasher, Dryer, Energy Efficient Appliances, Energy Star Clothes Washer, Exhaust Fan, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater - High-Efficiency
  • Interior Amenities: Bar, Built-Ins, Butlers Pantry, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Primary Bath(s), Stain/Lead Glass, Upgraded Countertops, Wainscotting, Walk-In Closet(s), Water Treat System, Wet/Dry Bar, Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Office
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 4900
  • Living Area Sq Ft: 4900
  • Price Per Sq Ft: 183.47
  • Above Grade Finished Sq Ft: 4900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Boat Storage, Exterior Lighting, Extensive Hardscape, Flood Lights, Private Beach, Underground Lawn Sprinkler
  • View: Lake, Water
  • Water Access: Yes
  • Water Body Type: Lake
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Built In, Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

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, Zoned, Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 42.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CRANBERRY PINE E.S.
  • High School: SHAWNEE H.S.
  • Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL

Lot Info

  • Horses: No
  • Lot Features: Front Yard, Cul-De-Sac, Level, Open, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.44
  • Lot Dimensions: 184x306x390x149
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 62726.00
  • Property Condition: Good
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 1679331
  • Tax Annual Amount: 25028.00
  • Assessor Parcel Number: 20-06304-00004
  • Tax Year: 2019

MLS Schools

  • School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 16, 2020
Sold by
Smith Lake Properties Llc
Bought by
Gravenstine Gregg W and Gravenstine Diane Walker
Seller's Agent
Andre LaPierre
Keller Williams Realty - Medford
Buyer's Agent
Michelle Carite
Weichert Realtors - Moorestown
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Current Estimated Value
$1,445,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,464
Avg. Annual Appreciation
10.44%
Original Mortgage
$692,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
May 25, 2013
Sold by
Raab Scott M and Raab Carol A
Bought by
Smith Lake Properties Llc
Seller's Agent
Mark McKenna
EXP Realty, LLC
Buyer's Agent
Andre LaPierre
Keller Williams Realty - Medford
List Price
$799,900
Sold Price
$740,000
Premium/Discount to List
-$59,900
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$350,000
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2006
Sold by
Wdl Builders Llc
Bought by
Raab Scott M and Raab Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2005
Sold by
Smith Family Holdings Llc
Bought by
Wdl Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Kleinschmidt Margaret A
Bought by
Smith Family Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Kleinschmidt Donald A and Kleinschmidt Margaret A
Bought by
Kleinschmidt Margaret A
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
Gravenstine Gregg W $865,000 Group 21 Title Agency Llc
Smith Lake Properties Llc $740,000 Turnkey Title
Raab Scott M $550,000 None Available
Wdl Builders Llc $550,000 --
Smith Family Holdings Llc $450,000 --
Kleinschmidt Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gravenstine Gregg W $692,000
Previous Owner Smith Lake Properties Llc $350,000
Previous Owner Raab Scott M $412,500
Previous Owner Wdl Builders Llc $715,000
Previous Owner Smith Family Holdings Llc $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $865,000 -3.8% $177 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $899,000 +21.5% $183 / Sq Ft
06/12/2013 06/12/13 Sold $740,000 -7.5% -- View Prior Sale
12/20/2012 12/20/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $799,900 -- --
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 $28,030 $789,800 $196,100 $593,700
2024 $26,206 $789,800 $196,100 $593,700
2023 $26,206 $789,800 $196,100 $593,700
2022 $25,669 $789,800 $196,100 $593,700
2021 $25,526 $789,800 $196,100 $593,700
2020 $25,368 $789,800 $196,100 $593,700
2019 $25,029 $789,800 $196,100 $593,700
2018 $24,681 $789,800 $196,100 $593,700
2017 $24,507 $789,800 $196,100 $593,700
2016 $24,421 $789,800 $196,100 $593,700
2015 $24,057 $789,800 $196,100 $593,700
2014 $23,323 $789,800 $196,100 $593,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL373138

Bright MLS

APN: 20-06304-0000-00004