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$255,000

Beds
2
Baths
1.5
sq ft
1,208

121 Park Place Dr, Cherry Hill, NJ 08002

121 Park Place Dr

CHERRY HILL, NJ 08002

  • 109 days on market
    • Price drop $5,000↓
Welcome Home to 121 Park Place! As you enter this 2nd floor multi level condo you will appreciate it's bright and open design. The living room features vaulted ceilings with skylights and a fireplace! Beautiful vinyl plank flooring throughout and the newer kitchen features Corian counter tops and stainless steel appliances. The main level has 1 bedroom and a powder room. The loft space features the main bedroom with full bath, a walk in closet and a nice additional space, perfect for a home office. This unit provides secure storage as well. New Roof Installed-Summer of 2022! Park Place offers a pool and tennis court for your enjoyment. Conveniently to the local shops and restaurants at the Garden State Pavilions and close to all major commuting routes to the city and the shore!

Details

Property type

Condominium

Est. home value

$249,090

Lot size

Unknown

Price per sq ft

$212

Year built

1986

Annual property taxes

$5,604

Monthly HOA fee

$298.48

Price History

10/31/2024
Bright

Bright #NJCD2074998

Sold
$270,000
+5.88%
09/20/2024
Bright

Bright #NJCD2074998

Pending
$255,000
09/17/2024
Bright

Bright #NJCD2074998

Price change
$255,000
-3.77%

Schools & Community

Neighborhood: 

Golden Triangle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

CHERRY HILL TOWNSHIP PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,521
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$156,079
Cash to seller
$78,521

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Tam Lending Center Inc

Loan start date

November 2020

Original loan amount

$171,352

Est. remaining balance

$156,079

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Johnathan H Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 5:55 AM

Listing updated: 12/14/2024 at 8:29 PM

Listed by: Renee Michelle Nichols, Sureway Realty Phone #: (856) 552-0505

MLS: Bright #NJCD2074998

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