NOT LISTED FOR SALE

Estimated Value: $308,000 - $426,911

5 Beds
2 Baths
1,548 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $410,000 $265 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,825/month

108 Days on Market

Highlights

  • 0.74 Acre Lot
  • 1 Fireplace
  • 2 Car Attached Garage
  • Raised Ranch Architecture
  • No HOA
  • 5-minute walk to ABC Park

About This Home

As of August 2023

Welcome to 16 Reed Ave, Your future home! This NEWLY REMODELED home features 5 bedrooms, 2 full bath, spacious front porch and huge deck; sitting on a .75 acre lot. Starting from the scenic outside; NEW Roofing, freshly paved driveway, and newly built 2 car garage. This beautiful home also features a spacious living room, raised dining room and eat in kitchen. The home boasts brand new vinyl flooring throughout. The main floor also has 3 bedrooms and 1 full bathroom, newly remodeled. As you go downstairs you are greeted with a spacious room with a bar on one side and a unique overtop original fireplace on the other; perfect for entertaining any size gathering! Lower level also offers 2 additional bedrooms, a second full bathroom and huge laundry room! But it doesn't stop there!! New central AC, hot water heater and furnace

Come make this incredible home yours! It will not last!

Last Listed By

Edwin Chogllo

Keller Williams Realty - Moorestown License #2294715 Listed on: 03/29/2023

Keller Williams Realty - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,559

Year Built

  • Built in 1955 | Remodeled in 2023

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 143.00 x 226.00

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Stone Siding

Interior Spaces

  • 1,548 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Laundry on lower level

Bedrooms and Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 11-00064-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,559

Year Built

Built in 1955 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: washer/dryer
  • Historic: No
  • Inclusions: Refrigerator
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-03-29
  • Year Built: 1955
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1548
  • Living Area Sq Ft: 1548
  • Price Per Sq Ft: 258.40
  • Above Grade Finished Sq Ft: 1548
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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
  • Association Recreation Fee: No

Schools

  • School District: CLEMENTON BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396974
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.74
  • Lot Dimensions: 143.00 x 226.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32317.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 8559.00
  • Assessor Parcel Number: 11-00064-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 1548
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/07/2023

MLS Schools

  • School District Name: CLEMENTON BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Sep 8, 2023
Sold by
Espinoza Franklin Alfredo
Bought by
Ortiz Jessica and Ortiz Jonathan
Seller's Agent
Edwin Chogllo
Keller Williams Realty - Moorestown
Buyer's Agent
Jeff Ryan
HomeSmart First Advantage Realty
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Total Days on Market
108
Views
350
Current Estimated Value
$376,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,772
Avg. Annual Appreciation
-4.32%
Original Mortgage
$389,500
Outstanding Balance
$383,908
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$3,884

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 20, 2021
Sold by
U S Bank National Association
Bought by
Espinoza Franklin Alfred
Seller's Agent
Janet Flaherty
Keller Williams Realty - Cherry Hill
Buyer's Agent
Maria Berdugo
Better Homes and Gardens Real Estate Maturo
List Price
$99,900
Sold Price
$100,511
Premium/Discount to List
$611
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.70%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Young Kevin D and Young Christin J
Bought by
The Rmac Trust Series 2016 Ctt and U S Bank National Association

Purchase Details

Closed on
Jun 27, 2001
Sold by
Equity One Inc
Bought by
Young Kevin and Young Christin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,493
Interest Rate
7.1%

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
Ortiz Jessica $410,000 None Listed On Document
Espinoza Franklin Alfred $100,511 None Available
The Rmac Trust Series 2016 Ctt -- None Available
Young Kevin $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jessica $389,500
Previous Owner Young Kevin $47,153
Previous Owner Young Kevin $124,493
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $410,000 +2.5% $265 / Sq Ft
07/12/2023 07/12/23 For Sale $400,000 -2.4% $258 / Sq Ft
05/23/2023 05/23/23 Off Market $410,000 -- --
04/15/2023 04/15/23 Price Changed $400,000 -11.1% $258 / Sq Ft
03/29/2023 03/29/23 For Sale $450,000 +347.7% $291 / Sq Ft
01/28/2021 01/28/21 Sold $100,511 +0.6% $65 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $99,900 -- $65 / 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
2024 $8,704 $245,100 $36,800 $208,300
2023 $8,704 $196,400 $36,800 $159,600
2022 $8,559 $196,400 $36,800 $159,600
2021 $8,547 $196,400 $36,800 $159,600
2020 $8,443 $196,400 $36,800 $159,600
2019 $8,333 $196,400 $36,800 $159,600
2018 $8,437 $196,400 $36,800 $159,600
2017 $8,640 $222,800 $49,600 $173,200
2016 $8,326 $222,800 $49,600 $173,200
2015 $8,110 $222,800 $49,600 $173,200
2014 $8,048 $222,800 $49,600 $173,200
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: NJCD2044450

Bright MLS

APN: 11-00064-0000-00023