NOT LISTED FOR SALE

8 Scenic Way Monroe Township, NJ 08831

Estimated Value: $1,387,000 - $1,883,301

5 Beds
5.5 Baths
5,920 Sq Ft
$278/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $1,050,000 $177 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,099/month

Highlights

  • Second Kitchen
  • 3 Acre Lot
  • Colonial Architecture
  • Oak Tree Elementary School Rated A
  • Curved or Spiral Staircase
  • Deck

About This Home

As of March 2020

Experience this gorgeous home set on a professionally landscaped and lighted 3-acre property. The grand entryway with princess staircase and Juliet balcony overlooking the 2 story great room draws you into a spacious layout made for entertaining. Foyer is flanked by formal LR leading on to a cozy, delightful conservative, ideal for a good book on winter s day & formal DR then down a hall to a bedroom & full bath. Soaring ceilings and wall to wall windows make this home light and airy. Both DR and great room lead to gorgeous kitchen featuring 42 inch crowned cabinetry, quartz counters, a four-seat island, and a window-filled eating area with seating for 8. From here sliders lead to a beautiful two-tiered paver patio & magnificent yard, naturally fenced by professionally maintained evergreens. Below, is an incredible fully finished basement w/kitchenette, media room, full bath. Second story features 2 bedrooms connected by a Jack & Jill full bath, another suite w/bath & master suite fit for royalty featuring its own entryway, sleeping quarters w/gas FP, huge WICs, separate sitting area, office area, luxurious master bath.

Last Agent to Sell the Property

Kathy Froelich

(732) 832-9855 kathy.froelich@redfin.com Redfin License #1537782 Listed on: 04/25/2019

Redfin

Last Buyer's Agent

Rehan Usmani

(856) 495-4152 rusmani@weichert.com Weichert Realtors - Moorestown

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,401

Year Built

  • Built in 2005

Lot Details

  • 3 Acre Lot
  • Extensive Hardscape
  • Sprinkler System
  • Backs to Trees or Woods

Parking

  • 3 Car Direct Access Garage
  • 7 Open Parking Spaces
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 5,920 Sq Ft Home
  • Property has 2 Levels
  • Curved or Spiral Staircase
  • Dual Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Intercom
  • Finished Basement

Kitchen

  • Second Kitchen
  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Oak Tree Elementary School
  • Applegarth Middle School
  • Monroe Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Power Generator
  • Water Treatment System
  • Well
  • Natural Gas Water Heater
  • On Site Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Monroe Township Subdivision

Listing and Financial Details

  • Tax Lot 00014 20
  • Assessor Parcel Number 12-00009-00014 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,401

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Living Room Chandelier
  • Inclusions: window treatments, refrigerators, washer, dryer
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Intercom, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Carpet, Ceiling Fan(s), Curved Staircase, Double/Dual Staircase, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Upgraded Countertops, Walk-In Closet(s), Water Treat System, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Cathedral Ceilings, 2 Story Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Breakfast Room, Laundry, Office, Primary Bathroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 5920
  • Living Area Sq Ft: 5920
  • Price Per Sq Ft: 183.28
  • Above Grade Finished Sq Ft: 5920
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Underground Lawn Sprinkler
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Open Parking Spaces Count: 7
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • 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, Zoned
  • Electric Service: 200+ Amp Service, Circuit Breakers, Generator
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OAK TREE
  • High School: MONROE TOWNSHIP H.S.
  • Middle Or Junior School: APPLEGARTH M.S.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 715100.00
  • Land Assessed Value: 340000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 3.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 130750.00
  • Outdoor Living Structures: Porch(es), Patio(s), Deck(s)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 4654077
  • Tax Annual Amount: 27401.00
  • Assessor Parcel Number: 12-00009-00014 20
  • Tax Lot: 00014 20
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONROE TOWNSHIP

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Mar 9, 2020
Sold by
Ghanem Gihan O and Ghanem Osama K
Bought by
Kaleemullah Zeinap M and Syed Saleem J
Seller's Agent
Kathy Froelich
Redfin
Buyer's Agent
Rehan Usmani
Weichert Realtors - Moorestown
List Price
$1,125,000
Sold Price
$1,050,000
Premium/Discount to List
-$75,000
-6.67%
Current Estimated Value
$1,648,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,075
Avg. Annual Appreciation
8.32%
Original Mortgage
$780,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Sterling Acres At Monroe Llc
Bought by
Ghanem Osama K and Ghanem Gihan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kaleemullah Zeinap M $1,050,000 Fidelity National Title
Ghanem Osama K $871,520 --
-- $871,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaleemullah Zeinap M $780,000
Previous Owner -- $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $1,050,000 -3.2% $177 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $1,085,000 -3.6% $183 / Sq Ft
04/25/2019 04/25/19 For Sale $1,125,000 -- $190 / 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 $29,659 $1,055,100 $340,000 $715,100
2024 $28,625 $1,055,100 $340,000 $715,100
2023 $28,625 $1,055,100 $340,000 $715,100
2022 $28,140 $1,055,100 $340,000 $715,100
2021 $20,997 $1,055,100 $340,000 $715,100
2020 $28,045 $1,055,100 $340,000 $715,100
2019 $27,412 $1,055,100 $340,000 $715,100
2018 $27,200 $1,055,100 $340,000 $715,100
2017 $26,778 $1,055,100 $340,000 $715,100
2016 $26,378 $1,055,100 $340,000 $715,100
2015 $25,744 $1,055,100 $340,000 $715,100
2014 $24,879 $1,055,100 $340,000 $715,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX120694

Bright MLS

APN: 12-00009-0000-00014-20