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2 Adner Drive

2 Adner Drive, Mount Laurel, NJ 08054
Property in Burlington
Sold Aug 18, 2021
$262,500
$210,000 by Better Mortgage Corporation
Mortgage Due Aug 01, 2051
Sold Apr 21, 2016
$185,000
$138,750 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2046
Local assessors in Mount Laurel, NJ have categorized 2 Adner Drive as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 6,508 square feet. If we look only at the heated or air conditioned part of the building, then 2 Adner Drive has a total of 1,331 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2 Adner Drive sold most recently in Jul 15, 2021 for a total of $262,500. If you work out the math, that's approximately a cost of $197.22 per sqft. Before that, the property was also sold for $185,000 in Mar 21, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,157 in taxes each year. 2 Adner Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $170,300. If we break it down further, the land itself was valued at $54,300. Improvements to the property, however, were assessed at a total of $116,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,508
  • Total Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,331
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SILVA BRIAN
  • Current Owner 2: FAVALE SILVA KATHRYN
  • Previous Owner : DEYOUNG KEVIN
  • Previous Owner 2: DEYOUNG TONI
  • Owner Before Previous Owner: FERRI LUOIS M
  • Owner Before Previous Owner 2: ANTHONY LORETTA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702907

Geography

  • District: 24
  • Parcel: 24 01508-0000-00008
  • Block: 1508
  • Lot: 8
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9305
  • Longitude: -74.9159

    Address

  • Full Address: 2 Adner Dr
  • Address - House Number: 2
  • Address - Street Name: Adner
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: C014
  • 4-Digit Zip Code: 3038
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,157

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 74
  • Final Value: 313,757
  • High Value: 373,465
  • Low Value: 254,049

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $210,000
  • 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

    Market Valuation

  • Market Total Value: $170,300
  • Market Land Value: $54,300
  • Market Improvement Value: $116,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $170,300
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $116,000

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11855661703
  • Current Sale Price: $262,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5672930
  • Previous Sale Recording Date: Apr 21, 2016
  • Previous Sale Contract Date: Mar 21, 2016
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 21, 2016
  • Previous Mortgage Loan Amount: $138,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 2 Adner Drive located in?
The 2 Adner Drive is a located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 2 Adner Drive?
The average sales price for units in 2 Adner Drive is $0 currently.

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