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148 Stratton Lane

148 Stratton Lane, Mount Laurel, NJ 08054
Property in Burlington
Sold May 14, 2018
$224,900
$218,153 by Santander Bank Na
Mortgage Due May 01, 2048
Sold Aug 12, 2015
$200,000
$196,377 by Weichert Financial Services
Mortgage Due Jun 01, 2045
Local assessors in Mount Laurel, NJ have categorized 148 Stratton Lane as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 5,249 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 420 ft. If we look only at the heated or air conditioned part of the building, then 148 Stratton Lane has a total of 1,714 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 148 Stratton Lane was last sold in Apr 25, 2018 for $224,900. According to our calculations, that's $131.21 per sqft. Prior to that sales transaction, the property was sold for $200,000 in May 15, 2015. Current property owners are expected to pay $5,817 in taxes per year. The property on 148 Stratton Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $192,100. To break that down further, the land itself was valued at $60,500. While improvements to the property were assessed at a total of $131,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,714
  • Building Area: 1,714
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,714
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH TIMOTHY MICHAEL
  • Current Owner 2: SMITH VALERIE
  • Previous Owner : CLOUD LEE KENYATTA
  • Previous Owner 2: LEE DUANE
  • Owner Before Previous Owner: FORD MAVIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702915

Geography

  • District: 24
  • Parcel: 24 00403- 02-00031
  • Block: 403.02
  • Lot: 31
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9618
  • Longitude: -74.873

    Address

  • Full Address: 148 Stratton Ln
  • Address - House Number: 148
  • Address - Street Name: Stratton
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: C021
  • 4-Digit Zip Code: 3301
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,817

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 74
  • Final Value: 325,798
  • High Value: 387,797
  • Low Value: 263,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,153
  • First Open Lien Mortgage Lender: SANTANDER BANK NA
  • First Open Lien Mortgage Recording Date: May 14, 2018
  • First Open Lien Mortgage Loan Amount: $218,153
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $192,100
  • Market Land Value: $60,500
  • Market Improvement Value: $131,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $192,100
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $131,600

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: May 14, 2018
  • Current Sale Transaction ID: 11464393433
  • Current Sale Price: $224,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 12, 2015
  • Previous Sale Contract Date: May 15, 2015
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SANTANDER BANK NA
  • First Mortgage Transaction Date: May 14, 2018
  • First Mortgage Loan Amount: $218,153
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WEICHERT FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Aug 12, 2015
  • Previous Mortgage Loan Amount: $196,377
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

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Frequently Asked Questions

What neighborhood is 148 Stratton Lane located in?
The 148 Stratton Lane is a located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 148 Stratton Lane?
The average sales price for units in 148 Stratton Lane is $0 currently.

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