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518 Kings Highway

518 Kings Highway, Moorestown, NJ 08057
Property in Burlington
Sold Sep 16, 2003
$271,000
$216,800 by Chase Manhattan Mortgage Corp
Mortgage Due Sep 01, 2033
518 Kings Highway in Moorestown, NJ was first built in 1967 and is 57 years old. This has been categorized as a residential property type. There are a total of 2 floors. 518 Kings Highway has 2,034 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 650 ft and the linear feet between the front and back of the lot is 2,050. In total, the area measurement of the land is 13,321 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 518 Kings Highway sold most recently in Aug 21, 2003 for a total of $271,000. If you work out the math, that's approximately a cost of $133.24 per sqft. 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 $8,760 in taxes each year. 518 Kings Highway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $321,700. If we break it down further, the land itself was valued at $153,800. Improvements to the property, however, were assessed at a total of $167,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,321
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,034
  • Building Area: 2,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.306
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: I/J18

Ownership

  • Current Owner : CROSS WILLIAM M
  • Current Owner 2: CROSS HEATHER E
  • Previous Owner : HOFFMAN JACLYN A
  • Previous Owner 2: MOZENTER MARVIN N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Moorestown Township School District
  • Census Tract: 700501

Geography

  • Assessors Map Reference: TAX MAP 27
  • Account Number: 04137010
  • District: 22
  • Parcel: 22 02703-0000-00064
  • Block: 2703
  • Lot: 64
  • Municipality: MOORESTOWN TWP
  • Latitude: 39.9575
  • Longitude: -74.9615

    Address

  • Full Address: 518 Kings Hwy
  • Address - House Number: 518
  • Address - Street Name: Kings
  • Address - Suffix Type: Hwy
  • State: NJ
  • City Name: Moorestown
  • Carrier Code: C024
  • 4-Digit Zip Code: 2602
  • Zip Code: 08057

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,760

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 537,683
  • High Value: 629,823
  • Low Value: 445,543

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $404,700
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 16, 2003
  • First Open Lien Mortgage Loan Amount: $216,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 16, 2016
  • Second Open Lien Mortgage Loan Amount: $187,900
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Market Valuation

  • Market Total Value: $321,700
  • Market Land Value: $153,800
  • Market Improvement Value: $167,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $321,700
  • Assessed Land Value: $153,800
  • Assessed Improvements Value: $167,900

    Sales

  • Current Sale Contract Date: Aug 21, 2003
  • Current Sale Recording Date: Sep 16, 2003
  • Current Sale Transaction ID: 1164723565
  • Current Sale Price: $271,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 16, 2003
  • First Mortgage Loan Amount: $216,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2033
  • Second Mortgage Lender: JPMORGAN CHASE BANK
  • Second Mortgage Transaction Date: Sep 16, 2003
  • Second Mortgage Loan Amount: $40,650
  • Second Mortgage Terms: 240
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Aug 21, 2023

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Frequently Asked Questions

What neighborhood is 518 Kings Highway located in?
The 518 Kings Highway is a located in the neighborhood of Burlington in Moorestown-Lenola, Moorestown.
What is the average sales price for listings in 518 Kings Highway?
The average sales price for units in 518 Kings Highway is $0 currently.

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