NOT LISTED FOR SALE

80 Balsam Rd Lumberton, NJ 08048

Estimated Value: $1,026,563 - $1,110,000

5 Beds
3.5 Baths
6,485 Sq Ft
$165/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $655,000 $101 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,860/month

36 Days on Market

Highlights

  • Private Pool
  • 0.69 Acre Lot
  • Wood Flooring
  • Rancocas Valley Regional High School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of August 2020

Extraordinary custom enhanced energy-efficient home, built By and For the most discerning homeowners. Located in The Estates at Coventry Glen, but unlike any other, very few homes are built like this one. Featuring 5 Bedrooms, 3.5 Baths, 9 Ft. High Ceilings, Meticulous Wood Trim Work, 3-Car Garage, Gunite Saltwater Pool, Multi-Zoned HVAC, and totaling approx. 4,192 Sq. Ft. plus 2,293 Sq. Ft. Fully Finished Walk-Out Basement.As you enter this home, the large 2-Story Foyer provides amble space to greet arriving guests and a tastefully decorated formal living room allows for convenient reception and leading into the window-lined Office/Study/Library (currently being used as a Billiard Room). The Dining Room connects into the Gourmet Kitchen with commercial built-in cooktop and hood and double wall oven (appliances were upgraded in 2017). The kitchen has abundant solid countertop and cabinets as well as an incredible island with seating for 4 and opens to a large and airy breakfast room with outside access. On the other side, it connects to the Laundry Room and Pantry along the way to the 3-car garage. A magnificent 2-Story Family Room encompasses large Windows that Bring In Natural Light And warmth, the gas Fireplace can maintain that warmth into the night.The turned wooden staircase provides easy access to the 2nd floor, where the master suite with tray ceiling resides on a separate wing and includes large sitting/office/nursery area with fireplace, separate his and hers walk-in closets, a large master bath with corner soaking tub, double vanities, separate shower, and private toilet room. On the opposite wing, there are 3 large and bedrooms, all with ample closets, an office area and a full bath completes the 2nd floor.The inviting finished basement is easily accessed from the foyer. Designed with open layout and 9 Ft. Ceiling, it's perfectly for entertainment. Currently, there is a cozy TV/ video game area with built-in bench seating, a private Hobby Room, a Gym, and a Movie Theater to keep everyone entertained inside, or with walk-out sliding doors for easy access to the pool and patio in the back yard.The fully fenced back yard is surrounded by mature evergreens and fruit trees providing natural beauty and enhanced privacy. A large, two-level E.P. Henry paver patio extends most of the rear of the house, shade is provided by a large motorized full extension awning. The Gunite heated saltwater in-ground pool is low maintenance and is computer-controlled to provide ease and efficient use.Two separate water meters (house & lawn sprinkler). Whole-house central water filtration system w/auto filter flush and clean, extra-large 75-gal power vented water heater, the kitchen has an additional filtered water dispenser.The theater room was built to satisfy the most uncompromising audiophile while also allowing for a fun and relaxing family theater experience. The home has a whole-house security system with smoke/CO alarm and video surveillance.The 2-individual unit high-efficiency HVAC system is connected to an Arzel AirBoss controller that is currently set up as 4-zones but can control each air registers independently to give room-by-room temperature control. The home was also built with upgraded insulation and whole-house air-sealed for reduction of energy/heat loss, making the home super energy efficient. The gas bill averages less than $75/mo throughout the year, for over 6,000 Sq. Ft. of finished living space!A fully paid-for (not leased) 10kW Solar Power means the electric bill is $5/mo for the entire year (with the pool running in the summer)! The system was custom designed with two inverters for max system efficiency and scalability. Also, you can receive Solar Renewable Energy Credits (SREC) which have ranged from $2500-$3000 per year. It will take a special individual to fully appreciate the craftsmanship and upgrades that have been specifically added to this home. Don t miss out on this one-of-a-kind.

Last Agent to Sell the Property

Tracy Nguyen

(856) 261-8971 tracyn@kw.com Keller Williams Realty - Cherry Hill License #1968982 Listed on: 02/29/2020

Keller Williams Realty - Cherry Hill

Co-Listed By

Hai Le

(856) 425-2535 htl2525@gmail.com Keller Williams Realty - Cherry Hill License #RS329504

Last Buyer's Agent

Diane Gervasi

(609) 658-4280 c21dianegervasi@aol.com Century 21 Alliance-Moorestown

Century 21 Alliance-Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,264

Year Built

  • Built in 2005

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 140.00 x 215.00
  • Southeast Facing Home
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition

Parking

  • 3 Car Direct Access Garage
  • Lighted Parking
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Advanced Framing
  • Asphalt Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Ceiling height of 9 feet or more
  • Awning

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Basement Windows

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Grid-tied solar system exports excess electricity
  • Net-Meter Renew Energy Credits
  • Home Energy Management
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Private Pool
  • Patio
  • Exterior Lighting
  • Playground

Schools

  • Ashbrook Elementary School
  • Lumberton Middle School
  • Rancocas Valley Regional High School

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Coventry Glen Subdivision

Listing and Financial Details

  • Tax Lot 00007
  • Assessor Parcel Number 17-00033 16-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,264

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Exclusions: The audio/video hardware is negotiable.Clothes Washer/Dryer Negotiable
  • Home Warranty: No
  • Inclusions: Refrigerator, Cooktop, Range Hood, Microwave, Double Wall Oven, Dishwasher, Garbage Disposal.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-01
  • Federal Flood Zone: No
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Tile/Brick
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Stairs, Windows, Full, Drainage System
  • Basement Finished Percent: 95.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 6485
  • Living Area Sq Ft: 6485
  • Price Per Sq Ft: 159.83
  • Above Grade Finished Sq Ft: 4192
  • Below Grade Finished Sq Ft: 2293
  • Total Below Grade Sq Ft: 2293
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding, Advanced Framing
  • Exterior Features: Awning(s), Extensive Hardscape, Exterior Lighting, Lawn Sprinkler, Play Area
  • Roof: Asphalt
  • 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
  • Parking Features: Asphalt Driveway, Lighted Parking
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Solar Photovoltaic
  • Cooling Type: Central A/C, Zoned
  • Previous Twelve Months Electric Expense: 60.00
  • Electric Service: 200+ Amp Service, Photovoltaics Seller Owned
  • Gas Avg Month: 75.00
  • Gas Prev12 Months: 900.00
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: ASHBROOK
  • High School: RANCOCAS VALLEY REGIONAL
  • Middle Or Junior School: LUMBERTON M.S.

Green Features

  • Efficiency: Construction, Home Energy Management, Hvac, Lighting
  • Green Power: Net-Meter Renew Energy Credits, Pv Solar Array(s) Owned, Grid-Tied
  • Clean Green Assessed: No
  • Green Remarks: The home was also built with upgraded insulation and whole-house air-sealed for reduction of energy/heat loss, making the home super energy efficient. The gas bill averages less than $75/mo throughout the year, for over 6,000 Sq. Ft. of finished living sp

Lot Info

  • Improvement Assessed Value: 448200.00
  • Land Assessed Value: 106800.00
  • Lot Size Acres: 0.69
  • Lot Dimensions: 140.00 x 215.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 30056.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good, Very Good
  • Zoning: RES

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3846632
  • Tax Annual Amount: 13264.00
  • Assessor Parcel Number: 17-00033 16-00007
  • Tax Lot: 00007
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: LUMBERTON TOWNSHIP PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Aug 3, 2020
Sold by
Luu Tu and Vanluu Thu Van
Bought by
Trautman Paxson
Seller's Agent
Tracy Nguyen
Keller Williams Realty - Cherry Hill
Buyer's Agent
Diane Gervasi
Century 21 Alliance-Moorestown
List Price
$670,000
Sold Price
$655,000
Premium/Discount to List
-$15,000
-2.24%
Current Estimated Value
$1,069,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,188
Avg. Annual Appreciation
9.63%
Original Mortgage
$588,845
Outstanding Balance
$522,347
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$546,841

Purchase Details

Closed on
Mar 29, 2005
Sold by
Orleans At Meadow Glen Llc
Bought by
Vanluu Thu and Luu Tu

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
5.78%
Mortgage Type
Fannie Mae Freddie Mac
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
Trautman Paxson $655,000 Group 21 Title Agency
Vanluu Thu $649,250 Settlers Title Agency
-- $649,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trautman Paxson $588,845
Previous Owner -- $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $655,000 -2.2% $101 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $670,000 -- $103 / 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 $14,774 $555,000 $106,800 $448,200
2024 $13,892 $555,000 $106,800 $448,200
2023 $13,892 $555,000 $106,800 $448,200
2022 $13,570 $555,000 $106,800 $448,200
2021 $13,531 $555,000 $106,800 $448,200
2020 $13,414 $555,000 $106,800 $448,200
2019 $13,265 $555,000 $106,800 $448,200
2018 $13,065 $555,000 $106,800 $448,200
2017 $12,821 $555,000 $106,800 $448,200
2016 $12,543 $555,000 $106,800 $448,200
2015 $12,449 $555,000 $106,800 $448,200
2014 $11,977 $555,000 $106,800 $448,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL367790

Bright MLS

APN: 17-00033-16-00007