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705 North Lenola Road

705 North Lenola Road, Moorestown, NJ 08057
Property in Burlington
Sold Dec 02, 2020
$307,000
Sold Oct 17, 2016
$207,000
$203,250 by Prospect Mortgage Llc
Mortgage Due Oct 01, 2046
705 North Lenola Road in Moorestown, NJ was first built in 1870 and is 154 years old. This has been categorized as a residential property type. There are a total of 2 floors. 705 North Lenola Road has 1,622 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 750 ft and the linear feet between the front and back of the lot is 3,500. In total, the area measurement of the land is 26,249 square feet.

Learn more about the property and building on this page. 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. The property was last sold in Nov 12, 2020 for $307,000. That's $189.27 per sqft. Prior to that sales transaction, the property was also sold in Sep 30, 2016 for $207,000. 705 North Lenola Road was last assessed in 2022. The total value of the property was assessed at $195,000. Specifically, the land the property is located on was valued at $69,900. While improvements on the property were assessed at a total of $125,100. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,380. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Building Style

Victorian
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,249
  • Lot Size Depth Feet: 3,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,622
  • Building Area: 1,622
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,622
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.603
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THONE LORRAINE
  • Previous Owner : KLEIN CRAIG
  • Previous Owner 2: KLEIN LAURA
  • Owner Before Previous Owner: ZELL RANDALL H
  • Owner Before Previous Owner 2: ZELL DAWN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Moorestown Township School District
  • Census Tract: 700502

Geography

  • Assessors Map Reference: TAX MAP 10
  • Account Number: 18145000
  • District: 22
  • Parcel: 22 01000-0000-00051
  • Block: 1000
  • Lot: 51
  • Municipality: MOORESTOWN TWP
  • Latitude: 39.9642
  • Longitude: -74.9833

    Address

  • Full Address: 705 N Lenola Rd
  • Address - House Number: 705
  • Street Direction: N
  • Address - Street Name: Lenola
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Moorestown
  • Carrier Code: C017
  • 4-Digit Zip Code: 1026
  • Zip Code: 08057

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,380

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 69
  • Final Value: 394,598
  • High Value: 481,031
  • Low Value: 308,165

    Market Valuation

  • Market Total Value: $195,000
  • Market Land Value: $69,900
  • Market Improvement Value: $125,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $195,000
  • Assessed Land Value: $69,900
  • Assessed Improvements Value: $125,100

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11806354497
  • Current Sale Price: $307,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5593218
  • Previous Sale Recording Date: Oct 17, 2016
  • Previous Sale Contract Date: Sep 30, 2016
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $245,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 17, 2016
  • Previous Mortgage Loan Amount: $203,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Moorestown-Lenola



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Frequently Asked Questions

What neighborhood is 705 North Lenola Road located in?
The 705 North Lenola Road is a located in the neighborhood of Burlington in Moorestown-Lenola, Moorestown.
What is the average sales price for listings in 705 North Lenola Road?
The average sales price for units in 705 North Lenola Road is $0 currently.

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