NOT LISTED FOR SALE

7 Hoffman Ave Cherry Hill, NJ 08003

Estimated Value: $332,000 - $374,664

3 Beds
1 Bath
1,689 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $320,000 $189 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,587/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Cherry Hill High-East High School Rated A
  • Main Floor Bedroom
  • Skylights

About This Home

As of February 2024

MULTIPLE BIDS RECEIVED. HIGHEST AND BEST DUE BY TUESDAY 1/23/23 BY 10AM. Welcome to this 3-bedroom, 1-bath cape cod located on the East side of Cherry Hill! This cozy home features a spacious living room and dining room, perfect for gatherings and relaxation. The living room has an abundance of windows allowing natural light to enter. Hardwood floors are featured under the carpet in the living room and main floor bedroom. There is a large addition that boasts a floor-to-ceiling, wood burning fireplace, adding warmth and character to the space. The upstairs has 2 large bedrooms and a space that can be used as a office, walk in closet, or a future bathroom. A full unfinished basement provides ample storage or potential for customization to suit your needs. Step outside to discover a nice-sized yard. Convenient location near the train station and close to major highways. HVAC is newer (2022). Discover the potential of this home that awaits your personal touch! Being sold in as-is condition. Buyer responsible for certificate of occupancy and all township/lender inspections.

Last Agent to Sell the Property

Carol Minghenelli

Compass New Jersey, LLC - Haddon Township Listed on: 01/19/2024

Compass New Jersey, LLC - Haddon Township

Co-Listed By

Maria Voiro

Compass New Jersey, LLC - Haddon Township License #1436184

Last Buyer's Agent

Sam Lepore

Keller Williams Realty - Moorestown License #RS355976

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1961

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 60.00 x 125.00

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,689 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Laundry in Basement
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Horace Mann Elementary School
  • Rosa International Middle School
  • Cherry Hill High - East

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ashland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 09-00572 01-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,778

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: all existing appliances, window treatments, lighting
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Dryer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Skylight(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 1689
  • Living Area Sq Ft: 1689
  • Price Per Sq Ft: 174.66
  • Above Grade Finished Sq Ft: 1689
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: HORACE MANN E.S.
  • Middle School: ROSA INTERNATIONAL M.S.
  • High School: CHERRY HILL HIGH - EAST
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396971
  • School District Source: Listing Agent
  • Elementary School: HORACE MANN E.S.
  • High School: CHERRY HILL HIGH - EAST
  • Middle Or Junior School: ROSA INTERNATIONAL M.S.

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 60.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7501.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6778.00
  • Assessor Parcel Number: 09-00572 01-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1689
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 21, 2024
Sold by
Wilson Daymon Charles and Sinnot Marissa
Bought by
Albanese Ryan and Albanese Jessica
Seller's Agent
Carol Minghenelli
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Sam Lepore
Keller Williams Realty - Moorestown
List Price
$295,000
Sold Price
$320,000
Premium/Discount to List
$25,000
8.47%
Views
204
Current Estimated Value
$362,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,416
Avg. Annual Appreciation
8.59%
Original Mortgage
$220,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 6, 2021
Sold by
Ann Mccleery Mary
Bought by
Wilson Daymon Charles and Wilson Marissa
Seller's Agent
Brian Dowell
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Alexandra Convery
HomeSmart First Advantage Realty
List Price
$195,000
Sold Price
$225,000
Premium/Discount to List
$30,000
15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$230,175
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Closed on
Jun 1, 1987
Bought by
Mccleery Mary Ann
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
Albanese Ryan $320,000 Hometown Title
Wilson Daymon Charles $225,000 Old Republic Title
Mccleery Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albanese Ryan $220,000
Previous Owner Wilson Daymon Charles $230,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $320,000 +8.5% $189 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $295,000 +31.1% $175 / Sq Ft
12/17/2021 12/17/21 Sold $225,000 +15.4% $133 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $195,000 -- $116 / 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 $7,397 $165,900 $50,000 $115,900
2024 $6,971 $165,900 $50,000 $115,900
2023 $6,971 $165,900 $50,000 $115,900
2022 $6,779 $165,900 $50,000 $115,900
2021 $6,800 $165,900 $50,000 $115,900
2020 $6,717 $165,900 $50,000 $115,900
2019 $6,714 $165,900 $50,000 $115,900
2018 $6,696 $165,900 $50,000 $115,900
2017 $6,604 $165,900 $50,000 $115,900
2016 $6,517 $165,900 $50,000 $115,900
2015 $6,164 $165,900 $50,000 $115,900
2014 $6,092 $165,900 $50,000 $115,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2061478

Bright MLS

APN: 09-00572-01-00003