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48 Horseshoe Drive

48 Horseshoe Drive, Mount Laurel, NJ 08054
Property in Burlington
Sold Jul 17, 2017
$440,000
$347,000 by Stearns Lending Llc
Mortgage Due Jul 01, 2050
Sold Nov 25, 1987
$242,600
48 Horseshoe Drive in Mount Laurel, NJ was first built in 1987 and is 37 years old. This has been categorized as a residential property type. 48 Horseshoe Drive has 3,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,150 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 20,125 square feet.

Learn more about the property and building on this page. 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, 48 Horseshoe Drive was last sold in Jul 7, 2017 for $440,000. According to our calculations, that's $143.98 per sqft. Prior to that sales transaction, the property was sold for $242,600 in Nov 25, 1987. Current property owners are expected to pay $14,238 in taxes per year. The property on 48 Horseshoe Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $470,200. To break that down further, the land itself was valued at $132,000. While improvements to the property were assessed at a total of $338,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Building Style

Colonial

Swimming Pool

Inground Pool

Parking

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

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,125
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 3,056
  • Building Area: 3,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.462
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JAKUBOWICS NICHOLAS
  • Current Owner 2: JAKUBOWICS SONDRA
  • Previous Owner : WACHTER WALTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lenape Regional School District
  • Census Tract: 702908

Geography

  • District: 24
  • Parcel: 24 01007- 04-00019
  • Block: 1007.04
  • Lot: 19
  • Municipality: MT LAUREL TWP
  • Latitude: 39.9291
  • Longitude: -74.9081

    Address

  • Full Address: 48 Horseshoe Dr
  • Address - House Number: 48
  • Address - Street Name: Horseshoe
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Mount Laurel
  • Carrier Code: R057
  • 4-Digit Zip Code: 3054
  • Zip Code: 08054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,238

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 72
  • Final Value: 649,333
  • High Value: 781,543
  • Low Value: 517,123

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $447,000
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $347,000
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: TOWER FCU
  • Second Open Lien Mortgage Recording Date: May 19, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • 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 25, 2050

    Market Valuation

  • Market Total Value: $470,200
  • Market Land Value: $132,000
  • Market Improvement Value: $338,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $470,200
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $338,200

    Sales

  • Current Sale Contract Date: Jul 07, 2017
  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Transaction ID: 1590046410
  • Current Sale Price: $440,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13286-3494
  • Previous Sale Recording Date: Nov 25, 1987
  • Previous Sale Contract Date: Nov 25, 1987
  • Previous Sale Amount: $242,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACRE MORTGAGE & FINANCIAL INC
  • First Mortgage Transaction Date: Jul 17, 2017
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 48 Horseshoe Drive located in?
The 48 Horseshoe Drive is a located in the neighborhood of Burlington in Burlington, Mount Laurel.
What is the average sales price for listings in 48 Horseshoe Drive?
The average sales price for units in 48 Horseshoe Drive is $0 currently.

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