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9 Tallowood Drive

9 Tallowood Drive, Medford, NJ 08055
Property in Burlington
Sold Aug 15, 2001
$271,000
$216,800 by Commerce Bank Na
Mortgage Due Aug 01, 2031
9 Tallowood Drive has been categorized by the local assessors in Medford, NJ as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The building has a total of 2 stories. In addition, 9 Tallowood Drive has 2,932 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 24,829 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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, 9 Tallowood Drive sold most recently in Jul 25, 2001 for a total of $271,000. If you work out the math, that's approximately a cost of $92.43 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 $11,268 in taxes each year. 9 Tallowood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $346,700. If we break it down further, the land itself was valued at $82,300. Improvements to the property, however, were assessed at a total of $264,400. 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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,932
  • Building Area: 2,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.57
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : STOUGHTON MICHAEL A
  • Current Owner 2: STOUGHTON JENNIFER K
  • Previous Owner : JOHNSON WILLIAM L
  • Previous Owner 2: JOHNSON ELIZABETH E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Medford Township School District
  • Census Tract: 703804

Geography

  • Account Number: 03632000
  • District: 20
  • Parcel: 20 03202- 22-00016
  • Block: 3202.22
  • Lot: 16
  • Municipality: MEDFORD TWP
  • Latitude: 39.8597
  • Longitude: -74.8323

    Address

  • Full Address: 9 Tallowood Dr
  • Address - House Number: 9
  • Address - Street Name: Tallowood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Medford
  • Carrier Code: R009
  • 4-Digit Zip Code: 9160
  • Zip Code: 08055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,268

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 580,253
  • High Value: 679,688
  • Low Value: 480,818

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $316,800
  • First Open Lien Mortgage Lender: COMMERCE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 15, 2001
  • First Open Lien Mortgage Loan Amount: $216,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2031
  • Second Open Lien Mortgage Lender: COLUMBIA BANK
  • Second Open Lien Mortgage Recording Date: Mar 11, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $346,700
  • Market Land Value: $82,300
  • Market Improvement Value: $264,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $346,700
  • Assessed Land Value: $82,300
  • Assessed Improvements Value: $264,400

    Sales

  • Current Sale Contract Date: Jul 25, 2001
  • Current Sale Recording Date: Aug 15, 2001
  • Current Sale Transaction ID: 1129430388
  • Current Sale Price: $271,000
  • Current Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE BANK NA
  • First Mortgage Transaction Date: Aug 15, 2001
  • First Mortgage Loan Amount: $216,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Aug 01, 2031

About Burlington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 9 Tallowood Drive located in?
The 9 Tallowood Drive is a located in the neighborhood of Burlington in Burlington, Medford.
What is the average sales price for listings in 9 Tallowood Drive?
The average sales price for units in 9 Tallowood Drive is $0 currently.

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