tomo logo

$890,000

Beds
6
Baths
7.5
sq ft
5,993

385 N Locust Ave, Marlton, NJ 08053

385 N Locust Ave

MARLTON, NJ 08053

  • 96 days on market
    • Price drop $55,000↓
New PRICE IMPROVEMENT! This exceptional property is an AMAZING VALUE at this price! Don't miss your opportunity to own this move in, turn key property! Welcome to 385 N. Locust former builders home exceptionally well designed colonial has an open concept floor plan that is the perfect combination of tradition and modern amenities. The property lends itself easily to multigenerational living, with plenty of space and privacy combined. As you enter the main level, you’ll be impressed with the two-story high foyer, stunning alabaster chandelier, and octagonal shaped oak staircase. To your left, is the open concept formal living /dining area with plenty of room for entertaining, even large gatherings. The Chef’s kitchen is a dream with plenty of counterspace, high-end, stainless steel appliances, two ovens, unlimited amounts of cabinetry, custom pantry, a large butcher block prep island, two sinks, granite countertops and breakfast bar. This flows into the heart of the home the stunning two-story family room centered around the beautiful river rock wood-burning fireplace. Off of this room is the sunlit all season conservatory room with 360° views of the large backyard and swimming pool. There is also a first floor master on this level with en suite bath and washer and dryer for added convenience. A separate powder room for guests rounds out this level. On the second level, start with the spacious master suite which includes large walk-in closet with custom shelving and luxury bath with oversized shower and his and her vanities. There are three additional large bedrooms, all with abundant closet space and all have full en suite baths! There is also a second laundry room on this level. We’re not done yet, the third level has been transformed and offers a whole other level of living space including a full bath with walk in shower, closets and storage galore and runs full the length of the house! Perfect for a man cave, teen retreat, au pair suite, whatever you can imagine. The lower level of the home boasts a walkout basement with media room another full bath, perfect for after the pool. Two Hardscape walk out areas opening to the backyard which is home to the in ground, heated, saltwater pool, fully integrated landscaping, maintenance free decking( oversized, shade umbrellas included) along with a custom built shed and raised garden beds. Other amenities include 9ft+ ceilings, crown moldings, hardwood flooring, extensive tile work, Anderson 400 series double hung windows throughout, three zone heat and air home security system, fire protection sprinklers on each level and much more! This fabulous home has had over $250,000 worth of improvements since 2019. Comes with fully paid for solar system! Truly, a unique and wonderful property waiting for the right lucky owner.

Details

Property type

Single Family Residence

Est. home value

$927,491

Lot size

0.49 acres

Price per sq ft

$149

Year built

2007

Annual property taxes

$23,221

HOA

No

Price History

11/13/2024
Bright

Bright #NJBL2070506

Price change
$890,000
-5.82%
11/04/2024
Bright

Bright #NJBL2070506

Price change
$945,000
-5.49%
10/01/2024
Bright

Bright #NJBL2070506

Price change
$999,900
-13.05%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

EVESHAM TOWNSHIP

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

$466,033
Asking price
$890,000
Closing costs (~8% of asking)
-$71,200
Est. remaining loan balance
-$352,767
Cash to seller
$466,033

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

May 2022

Original loan amount

$367,000

Est. remaining balance

$352,767

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Martin Manno and Kevin Mcnulty

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: 11/14/2024 at 10:20 PM

Listing updated: 11/13/2024 at 3:15 PM

Listed by: Richard H Meyers, Keller Williams Realty - Moorestown Phone #: (856) 316-1100

MLS: Bright #NJBL2070506

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