Property Summary: 311 Oakdale Drive
Key Characteristics & Appeal
This is a classic, one-storey home on an exceptionally large, mature lot in the Marlton area. Its primary appeal lies in the rare combination of a quiet, established neighborhood setting with an immense 33,381 sqft property, offering a level of privacy and outdoor space uncommon within the city. The home itself is a functional 997 sqft bungalow from 1946, featuring a finished basement and a detached garage.
The property would best suit a specific type of buyer. It’s ideal for those who prioritize land over the house itself—think gardeners, hobbyists, or anyone seeking a peaceful retreat with room to breathe. It also presents a clear opportunity for a renovator or builder looking to update or replace the existing home on a premier lot. The high rankings for lot size within the community and city underscore its standout feature, while the home’s age and modest size indicate the value is fundamentally in the land.
Frequently Asked Questions
1. What does the "finished basement" entail?
Given the home's age, the finish level is likely functional. Prospective buyers should inquire about ceiling height, moisture control, the quality of finishes, and whether any necessary updates (like wiring or insulation) have been made.
2. How does the 80-year age of the home impact ownership?
While charming, it necessitates careful attention. Buyers should budget for and investigate the condition of major systems (roof, plumbing, electrical, foundation) and anticipate that modernizing for energy efficiency will be an important consideration.
3. What are the possibilities for the large lot?
Beyond private enjoyment, the lot size opens potential for future additions, a garden suite (subject to zoning approval), or extensive landscaping. Its value is both in current use and long-term potential.
4. Why is the assessed value ranking lower than the lot size ranking?
The assessment reflects the current total property value—the existing older home combined with the valuable land. The stellar lot ranking shows the land itself is a top-tier asset, suggesting the assessed value is heavily supported by the property rather than the structure.
5. Is the detached garage a standard size, and what is its condition?
For a home of this era, the garage may be smaller or in need of upkeep. Clarifying its dimensions, structural state, and utility (e.g., standard vehicle storage, workshop potential) is recommended.