NOT LISTED FOR SALE

851 Mcelwee Rd Unit RD2 Moorestown, NJ 08057

Estimated Value: $535,000 - $666,000

3 Beds
2 Baths
1,534 Sq Ft
$375/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $460,000 $300 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,809/month

About This Home

As of December 2021

Have you been dreaming of a peaceful retreat in the woods ... a place to get away from it all? You’ve found it here in Moorestown. Close to everything, yet with the feel of a secluded country cottage, this home has been updated and is ready for a new owner. Very private setting on a wooded acre, you will be welcomed by a freshly painted exterior with new cedar shutters, updated landscaping and repaved semi-circular driveway. Step inside to find beautifully refinished hardwood floors throughout, including brand new hardwoods in kitchen and one of the bedrooms. Enjoy your brand new kitchen with honed granite counters, new white shaker cabinets, custom island with butcherblock counter and open shelving. New stainless steel appliances complete the package. The dining area is the perfect spot to entertain guests and the living room area is spacious and offers a wood burning fireplace with views of the wooded backyard and deck. Head down the hallway to find a completely updated bathroom with new vanity, tub, toilet and beautiful tilework. 2 bedrooms with nice sized closets and new ceiling fans are sure to please. The main bedroom also features gorgeous hardwood flooring, new ceiling fan, walk in closet and a lovely window seat perfect for curling up with a good book. The updated en-suite features a large shower with beautiful tile, new rustic style vanity and tile floor . So you can enjoy one floor living to the fullest, laundry hookups have been brought upstairs into your new laundry space ... no trips to the basement. Out back, the deck has been refreshed and is the perfect spot for enjoying time with friends and family or just the solitude of nature. The furnace (installed 2018) and tankless hot water heater (installed 2020) are newer and a new gas line was just installed, with appliances converted for your convenience. Full basement with high ceilings and a one car attached garage will provide all the storage you’ll need. Did I mention there is also a whole house generator for added peace of mind? Don’t wait, make your appointment to see this unique gem today! Needs to be seen to be appreciated. (Member of selling entity is a NJ licensed agent and has never occupied property)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Dec 20, 2021
Sold by
Pretty Places Nj Llc
Bought by
Svolto Kenneth A and Cho Debra H
Seller's Agent
COLITHEA FAUCETT
BHHS Fox & Roach-Mt Laurel
Buyer's Agent
Catherine Hartman
Better Homes and Gardens Real Estate Maturo
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%
Current Estimated Value
$574,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,972
Avg. Annual Appreciation
6.08%
Original Mortgage
$455,235
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 8, 2021
Sold by
Due Bryan R and Spence Katherine T
Bought by
Pretty Places Nj Llc
Seller's Agent
Linda Angus
Coldwell Banker Realty
Buyer's Agent
COLITHEA FAUCETT
BHHS Fox & Roach-Mt Laurel
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.22%
Original Mortgage
$297,500
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 1993
Sold by
Hirschhorn Eric D
Bought by
Due Bryan D and Spence Katherine Spence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Svolto Kenneth A $460,000 Barclay Title
Pretty Places Nj Llc $295,000 City Abstract
Due Bryan D $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Svolto Kenneth A $455,235
Previous Owner Pretty Places Nj Llc $297,500
Previous Owner Due Bryan D $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $460,000 0.0% $300 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $459,900 -2.1% $300 / Sq Ft
10/10/2021 10/10/21 For Sale $469,900 +59.3% $306 / Sq Ft
06/11/2021 06/11/21 Sold $295,000 -1.6% $192 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $299,900 0.0% $196 / Sq Ft
11/30/2014 11/30/14 Rented $2,100 0.0% --
11/22/2014 11/22/14 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $2,100 -- --

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 $9,135 $322,000 $145,500 $176,500
2024 $9,243 $322,000 $145,500 $176,500
2023 $9,243 $336,000 $145,500 $190,500
2022 $7,053 $259,000 $145,500 $113,500
2021 $6,959 $259,000 $145,500 $113,500
2020 $6,915 $259,000 $145,500 $113,500
2019 $6,794 $259,000 $145,500 $113,500
2018 $6,610 $259,000 $145,500 $113,500
2017 $6,667 $259,000 $145,500 $113,500
2016 $6,643 $259,000 $145,500 $113,500
2015 $6,563 $259,000 $145,500 $113,500
2014 $6,232 $259,000 $145,500 $113,500
Source: Public Records

Agents Affiliated with this Home

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