NOT LISTED FOR SALE

704 Commonwealth Dr Moorestown, NJ 08057

Estimated Value: $732,000 - $1,489,000

4 Beds
4.5 Baths
5,167 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $945,000 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,954/month

53 Days on Market

Highlights

  • Second Kitchen
  • In Ground Pool
  • 2 Acre Lot
  • South Valley Elementary School Rated A+
  • Commercial Range
  • 4-minute walk to John Pryor M.D. Park

About This Home

As of May 2016

Fall in love with this spectacular estate home in pristine condition situated on 2 acres in a park-like setting. Wonderful OPEN floor plan just perfect for entertaining. NEWER custom kitchen with skylight, Wood-mode cherry cabinets, granite counters, upgraded appliances including Sub-zero refrigerator, wine cooler, 2 refrigerator drawers,2 Dacor convection ovens and the list goes on. Kitchen opens to a 2 story Family Room with skylights, fireplace and steps out to a huge wrap-around deck overlooking a heated in-ground pool. You will find a private office on main level. Sumptuous Master Suite with Sitting Room, incredibly large walk-in closet and NEW (2015) master bath with walk-in oversized shower, soaking tub, skylight and granite counters. Three additional bedrooms, one with private bath and the other two share a jack n' jill bathroom. And there is more....finished basement with large bar with custom kitchen, theatre area, craft room, billiard room, music room, full bath, storage area and walk out to rear yard. This is an extraordinary home in MINT condition. Call listing agent for a full list of amenities.

Last Agent to Sell the Property

Rosanne Gentile

(609) 680-8490 rosannegentile@comcast.net Weichert Realtors - Moorestown Listed on: 01/25/2016

Weichert Realtors - Moorestown

Last Buyer's Agent

Rosanne Gentile

(609) 680-8490 rosannegentile@comcast.net Weichert Realtors - Moorestown Listed on: 01/25/2016

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,769

Year Built

  • Built in 1994

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Sprinkler System
  • Back Yard
  • Property is in good condition

Parking

  • 3 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Pitched Roof
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Brick Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Attic

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Marble
  • Tile or Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Wm Allen Iii Middle School
  • Moorestown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by TOLL BROTHERS
  • Meadowbrook Subdivision, Madison Floorplan

Listing and Financial Details

  • Tax Lot 00012
  • Assessor Parcel Number 22-08100-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,769

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Refrigerators, Washer, Dryer, Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Remarks Public: Fall in love with this spectacular estate home in pristine condition situated on 2 acres in a park-like setting. Wonderful OPEN floor plan just perfect for entertaining. NEWER custom kitchen with skylight, Wood-mode cherry cabinets, granite counters, upgraded appliances including Sub-zero refrigerator, wine cooler, 2 refrigerator drawers,2 Dacor convection ovens and the list goes on. Kitchen opens to a 2 story Family Room with skylights, fireplace and steps out to a huge wrap-around deck overlooking a heated in-ground pool. You will find a private office on main level. Sumptuous Master Suite with Sitting Room, incredibly large walk-in closet and NEW (2015) master bath with walk-in oversized shower, soaking tub, skylight and granite counters. Three additional bedrooms, one with private bath and the other two share a jack n' jill bathroom. And there is more....finished basement with large bar with custom kitchen, theatre area, craft room, billiard room, music room, full bath, storage area and walk out to rear yard. This is an extraordinary home in MINT condition. Call listing agent for a full list of amenities.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Oven - Self Cleaning, Commercial Range, Dishwasher, Refrigerator, Disposal, Built-In Microwave
  • Flooring Type: Fully Carpeted, Tile/Brick, Marble
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Sprinkler System, 2nd Kitchen, Wet/Dry Bar, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, High
  • Entry Location: Foyer
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room Count: 12
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5167
  • Living Area Sq Ft: 5167
  • Net Sq Ft: 3802.00
  • Price Per Sq Ft: 259.07
  • Above Grade Finished Sq Ft: 3802
  • Below Grade Finished Sq Ft: 1365
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Lawn Sprinkler, Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: On Street, Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: Underground, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS
  • Middle School: WM ALLEN III
  • High School: MOORESTOWN
  • School District Key: 300200396965
  • High School: MOORESTOWN
  • Middle Or Junior School: WM ALLEN III

Lot Info

  • Lot Features: Level, Rear Yard
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Good
  • Zoning: RES

Building Info

  • Builder Name: TOLL BROTHERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17769.00
  • Assessor Parcel Number: 22-08100-00012
  • Tax Lot: 00012
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: MOORESTOWN TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 27, 2016
Sold by
Grosso Michael A and Grosso Lisa
Bought by
Kapoor Tarun K and Kapoor Ashika
Seller's Agent
Rosanne Gentile
Weichert Realtors - Moorestown
Buyer's Agent
Rosanne Gentile
Weichert Realtors - Moorestown
List Price
$985,000
Sold Price
$945,000
Premium/Discount to List
-$40,000
-4.06%
Current Estimated Value
$1,187,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,551
Avg. Annual Appreciation
2.47%
Original Mortgage
$756,000
Outstanding Balance
$604,099
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$583,452

Purchase Details

Closed on
Sep 13, 2013
Sold by
Grosso Michael A and Grosso Lisa
Bought by
Grosso Michael A and Grosso Lisa

Purchase Details

Closed on
Jul 2, 1997
Sold by
Grosso Michael A and Grosso Lisa
Bought by
Grosso Michael A and Grosso Lisa
Source: Public Records

Range of Values:

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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
Kapoor Tarun K $945,000 Weichert Title Agency
Grosso Michael A -- None Available
Grosso Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kapoor Tarun K $756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $945,000 -4.1% $183 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $985,000 -- $191 / 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 $19,893 $701,200 $162,500 $538,700
2024 $19,290 $701,200 $162,500 $538,700
2023 $19,290 $701,200 $162,500 $538,700
2021 $18,841 $701,200 $162,500 $538,700
2020 $18,722 $701,200 $162,500 $538,700
2019 $18,392 $701,200 $162,500 $538,700
2018 $17,895 $701,200 $162,500 $538,700
2017 $18,049 $701,200 $162,500 $538,700
2016 $17,986 $701,200 $162,500 $538,700
2015 $17,768 $701,200 $162,500 $538,700
2014 $16,871 $701,200 $162,500 $538,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002377774

Bright MLS

APN: 22-08100-0000-00012