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804 Matlack Drive

804 Matlack Drive, Moorestown, NJ 08057
Property in Burlington
Sold Nov 21, 2007
$1,850,000
$1,425,000 by Citimortgage Inc
Mortgage Due Sep 01, 2037
Local assessors in Moorestown, NJ have categorized 804 Matlack Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 30,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 1,500 ft. If we look only at the heated or air conditioned part of the building, then 804 Matlack Drive has a total of 5,643 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share 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, 804 Matlack Drive sold most recently in Aug 15, 2007 for a total of $1,850,000. If you work out the math, that's approximately a cost of $327.84 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 $29,699 in taxes each year. 804 Matlack Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,105,300. If we break it down further, the land itself was valued at $225,000. Improvements to the property, however, were assessed at a total of $880,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 5,643
  • Building Area: 5,643
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,643
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.689
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAROSA FRANK R
  • Current Owner 2: LAROSA KIMBERLY B
  • Previous Owner : STEWARD R MAINES CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 22
  • Parcel: 22 03802-0000-00028
  • Block: 3802
  • Lot: 28
  • Municipality: MOORESTOWN TWP
  • Latitude: 39.9809
  • Longitude: -74.9619

    Address

  • Full Address: 804 Matlack Dr
  • Address - House Number: 804
  • Address - Street Name: Matlack
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Moorestown
  • Carrier Code: C023
  • 4-Digit Zip Code: 1441
  • Zip Code: 08057

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $29,699

    Appraisal Valuation

  • Standard Deviation: 0.1312
  • Valuation Date: Oct 19, 2022
  • Confidence Score: 73
  • Final Value: 1,445,569
  • High Value: 1,635,323
  • Low Value: 1,255,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,462,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,425,000
  • 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, 2037
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $37,000
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,105,300
  • Market Land Value: $225,000
  • Market Improvement Value: $880,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,105,300
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $880,300

    Sales

  • Current Sale Contract Date: Aug 15, 2007
  • Current Sale Recording Date: Nov 21, 2007
  • Current Sale Transaction ID: 1099716010
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Nov 21, 2007
  • First Mortgage Loan Amount: $1,425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2037
  • Second Mortgage Lender: CITIBANK NA
  • Second Mortgage Transaction Date: Nov 21, 2007
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $37,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 804 Matlack Drive located in?
The 804 Matlack Drive is a located in the neighborhood of Burlington in Moorestown-Lenola, Moorestown.
What is the average sales price for listings in 804 Matlack Drive?
The average sales price for units in 804 Matlack Drive is $0 currently.

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