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27 Hopemont Drive

27 Hopemont Drive, Mount Laurel, NJ 08054
Property in Burlington
Sold Feb 02, 2022
$545,000
$276,000 by Fairway Asset Corporation
Mortgage Due Feb 01, 2052
Sold Aug 13, 1998
$220,000
27 Hopemont Drive 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 1989 and is 35 years old. In addition, 27 Hopemont Drive has 3,226 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 24,829 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. 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, 27 Hopemont Drive sold most recently in Jan 5, 2022 for a total of $545,000. If you work out the math, that's approximately a cost of $168.94 per sqft. Before that, the property was also sold for $220,000 in Jul 31, 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 $12,769 in taxes each year. 27 Hopemont Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $421,700. If we break it down further, the land itself was valued at $116,300. Improvements to the property, however, were assessed at a total of $305,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Swimming Pool

Inground Pool

Facilities

Laundry Room

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 3,226
  • Building Area: 3,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PARK HYUNJONG
  • Current Owner 2: SHIM KYEHEE
  • Previous Owner : FLETCHER
  • Previous Owner 2: KATHYANN
  • Owner Before Previous Owner: WILSON JOSEPH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702910

Geography

  • District: 24
  • Parcel: 24 00601- 03-00005
  • Block: 601.03
  • Lot: 5
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9496
  • Longitude: -74.9006

    Address

  • Full Address: 27 Hopemont Dr
  • Address - House Number: 27
  • Address - Street Name: Hopemont
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: R058
  • 4-Digit Zip Code: 4514
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,769

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 651,925
  • High Value: 763,642
  • Low Value: 540,208

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $421,700
  • Market Land Value: $116,300
  • Market Improvement Value: $305,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $421,700
  • Assessed Land Value: $116,300
  • Assessed Improvements Value: $305,400

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Transaction ID: 11879986221
  • Current Sale Price: $545,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5724723
  • Previous Sale Recording Date: Aug 13, 1998
  • Previous Sale Contract Date: Jul 31, 1998
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Mortgage Transaction Date: Feb 02, 2022
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

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Frequently Asked Questions

What neighborhood is 27 Hopemont Drive located in?
The 27 Hopemont Drive is a located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 27 Hopemont Drive?
The average sales price for units in 27 Hopemont Drive is $0 currently.

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