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2507 Stokes Road

2507 Stokes Road, Mount Laurel, NJ 08054
Property in Burlington
Sold Aug 25, 2008
$185,000
$124,000 by American Internet Mortgage Inc
Mortgage Due Aug 01, 2027
Sold Jul 08, 1998
$96,310
$45,000 by World S/l
Mortgage Due May 18, 2028
2507 Stokes Road 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 1998 and is 26 years old. In addition, 2507 Stokes Road has 1,160 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 696 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 2507 Stokes Road sold most recently in Aug 18, 2008 for a total of $185,000. If you work out the math, that's approximately a cost of $159.48 per sqft. Before that, the property was also sold for $96,310 in Apr 30, 1998. 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 $4,460 in taxes each year. 2507 Stokes Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $147,300. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $102,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 696
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.016
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CHAN HUNG T
  • Current Owner 2: CHEN HUAN D
  • Previous Owner : FRANTZ PATRICIA J
  • Owner Before Previous Owner: ORLEANS CONSTRUCTION CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702909

Geography

  • District: 24
  • Parcel: 24 00909-0000-00004-0000-C2507
  • Block: 909
  • Lot: 4
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9437
  • Longitude: -74.9277

    Address

  • Full Address: 2507 Stokes Rd
  • Address - House Number: 2507
  • Address - Street Name: Stokes
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: R059
  • 4-Digit Zip Code: 6425
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,460

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 227,152
  • High Value: 266,073
  • Low Value: 188,230

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 18, 2012
  • First Open Lien Mortgage Loan Amount: $124,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2027

    Market Valuation

  • Market Total Value: $147,300
  • Market Land Value: $45,000
  • Market Improvement Value: $102,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,300
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $102,300

    Sales

  • Current Sale Contract Date: Aug 18, 2008
  • Current Sale Recording Date: Aug 25, 2008
  • Current Sale Transaction ID: 1118940664
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 08, 1998
  • Previous Sale Contract Date: Apr 30, 1998
  • Previous Sale Amount: $96,310
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: WORLD S/L
  • Previous Mortgage Transaction Date: Jul 08, 1998
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 18, 2028

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Frequently Asked Questions

What neighborhood is 2507 Stokes Road located in?
The 2507 Stokes Road is a located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 2507 Stokes Road?
The average sales price for units in 2507 Stokes Road is $0 currently.

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