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185 Schoolhouse Lane

185 Schoolhouse Lane, Mount Laurel, NJ 08054
Property in Burlington
Sold Aug 09, 2021
$380,000
$304,000 by American Federal Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Sep 16, 2003
$190,000
$171,000 by Countrywide Home Loans Inc
Mortgage Due Aug 01, 2033
185 Schoolhouse Lane has been categorized by the local assessors in Mount Laurel, NJ as a residential type of property. The building on the property was first built in 1969 and is 55 years old. In addition, 185 Schoolhouse Lane has 1,747 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,647 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 44,431 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 185 Schoolhouse Lane was last sold in Jul 9, 2021 for $380,000. According to our calculations, that's $217.52 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Jul 31, 2003. Current property owners are expected to pay $5,608 in taxes per year. The property on 185 Schoolhouse Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $185,200. To break that down further, the land itself was valued at $64,400. While improvements to the property were assessed at a total of $120,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Lot Size Depth Feet: 3,647
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,747
  • Building Area: 1,747
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,747
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WRIGHT PAUL D
  • Current Owner 2: WRIGHT ELIZABETH A
  • Previous Owner : KOCIS ROBERT FRANCIS
  • Previous Owner 2: KOCIS MARIA ANGELA
  • Owner Before Previous Owner: MCARTHUR WARREN SCOTT
  • Owner Before Previous Owner 2: MCARTHUR REBECCA
  • Ownership Rights Codes: Husband and wife
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702906

Geography

  • District: 24
  • Parcel: 24 01301- 01-00060
  • Block: 1301.01
  • Lot: 60
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9216
  • Longitude: -74.9681

    Address

  • Full Address: 185 Schoolhouse Ln
  • Address - House Number: 185
  • Address - Street Name: Schoolhouse
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: C011
  • 4-Digit Zip Code: 1048
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,608

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 404,462
  • High Value: 474,574
  • Low Value: 334,350

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $344,000
  • First Open Lien Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $304,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: PENTAGON FCU
  • Second Open Lien Mortgage Recording Date: Dec 19, 2023
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 26, 2053

    Market Valuation

  • Market Total Value: $185,200
  • Market Land Value: $64,400
  • Market Improvement Value: $120,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $185,200
  • Assessed Land Value: $64,400
  • Assessed Improvements Value: $120,800

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11852684871
  • Current Sale Price: $380,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5669854
  • Previous Sale Recording Date: Sep 16, 2003
  • Previous Sale Contract Date: Jul 31, 2003
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FEDERAL MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 16, 2003
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 185 Schoolhouse Lane located in?
The 185 Schoolhouse Lane is a located in the neighborhood of Burlington in Ramblewood, Mount Laurel.
What is the average sales price for listings in 185 Schoolhouse Lane?
The average sales price for units in 185 Schoolhouse Lane is $0 currently.

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