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$394,808Estimated home value

Beds
4
Baths
1.5
sq ft
1,933

406 Preston Rd, Cherry Hill, NJ 08034

406 Preston Rd

CHERRY HILL, NJ 08034

  • Sold On 8/8/2024
Just what you have been waiting for so you can just move in and enjoy. You can just grab a drink from the refrigerator by just opening the drink door (very convenient). Plenty of granite countertops to prepare your meals, snacks or just grabbing a cup of coffee to sip on the back patio. The open floor plan even feels more spacious with the vaulted ceiling and has extra light flowing into the living room with the skylight. Very comfortable floorplan. With the new roof (transferable warranty) and a new HVAC system, some big ticket items have already been done. Refinished wood floors throughout most of the house make for easy care. For all those electric car owners, there is a car charger in the garage (you can get credits on your electric bill). Even though the house is being sold "as is", you will appreciate and love what has been done.

Details

Property type

Single Family Residence

Est. home value

$394,808

Lot size

0.24 acres

Price per sq ft

$233

Year built

1955

Annual property taxes

$8,227

HOA

No

Price History

08/08/2024
Bright

Bright #NJCD2071028

Sold
$449,999
07/09/2024
Bright

Bright #NJCD2071028

Pending
$449,999
06/24/2024
Bright

Bright #NJCD2071028

Listed
$449,999
+38.46%

Schools & Community

Neighborhood: 

Barclay-Kingston

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$117,359
Asking price
$449,999
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$296,640
Cash to seller
$117,359

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

Seller’s Loan History

Lender

American Neighborhood Mtg Acceptance Co

Loan start date

June 2021

Original loan amount

$319,113

Est. remaining balance

$296,640

Interest rate

2.98%

Loan type

FHA, 30 year

Seller

Joseph Dafcik and Jose Aranes

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: Off Market

Tomo last checked: 09/28/2024 at 12:55 PM

Listing updated: 08/08/2024 at 10:37 PM

Listed by: Donna R Richardson, RE/MAX ONE Realty-Moorestown Phone #: (856) 866-2525

MLS: Bright #NJCD2071028

Bright logo

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