$255,000
SOLD APR 4, 2025

1205 Megans Ln Unit E1 Burlington, NJ 08016

2 Beds
1 Bath
908 Sq Ft
$190/mo HOA Fee

Recently Sold

$281 Per Sq Ft

11% Above List Price

9 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Attic
  • Contemporary Architecture
  • Main Floor Bedroom
  • Upgraded Countertops

About This Home

As of April 2025

Offer Deadline - Thurs March 6th! Welcome Home to your Move in Ready - Upgraded - First Floor Condo in Shannon Estates! Your condo has No Stairs leading from the parking lot to your front covered patio with exterior storage. Cathedral Ceilings highlight the recent renovations with new flooring, paint and upgraded kitchen and bathroom - plus the Heat and AC were replaced in 2012. The kitchen has granite counters, tiled backsplash, heightened breakfast bar, and new stainless steel Frigidaire oven/range and dishwasher. The living room is accented by an upgraded wood burning fireplace with tile surround. The bathroom has a new a new tub with tile surround and a new toilet. The primary bedroom also has access to the full bathroom. There is plenty of storage with a foyer coat closet, hall linen closet, primary bedroom walk in closet and a pull down attic staircase leading to a floored attic for all of your extras. Shannon Estates is a VA friendly financing condo too! Seller will provide a one year home warranty, with an acceptable offer, for your peace of mind! With low taxes and a low monthly HOA fee, this condo is affordable! Close to 295, 541, 130 and the NJ Turnpike for easy commuting. Plus multiple shopping, restaurants and doctors around for your convenience! Come Fall in Love and Make an Offer Today!

Last Agent to Sell the Property

Andrea Previte

(856) 261-0813 AndreaP@Weichert.com Weichert Realtors - Moorestown Listed on: 02/28/2025

Weichert Realtors - Moorestown

Last Buyer's Agent

Jennifer Skowronski

(856) 534-6210 jennifer.skowronski@foxroach.com Romano Realty License #2076121

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,243

Year Built

  • Built in 1986 | Remodeled in 2025

Lot Details

  • Two or More Common Walls
  • Partially Fenced Property
  • Vinyl Fence
  • Property is in excellent condition

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 908 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Corner Fireplace
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Electric Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 06-00114 04-00001-C1205

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, lawn maintenance
  • Shannon Estates HOA
  • Low-Rise Condominium
  • Shannon Estates Subdivision

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,243

Year Built

Built in 1986 | Remodeled in 2025

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: No Stairs, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Personal Property
  • Inclusions: All existing appliances
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Year Renovated: 2025
  • Automatically Close On Close Date: No
  • Remarks Public: Offer Deadline - Thurs March 6th! Welcome Home to your Move in Ready - Upgraded - First Floor Condo in Shannon Estates! Your condo has No Stairs leading from the parking lot to your front covered patio with exterior storage. Cathedral Ceilings highlight the recent renovations with new flooring, paint and upgraded kitchen and bathroom - plus the Heat and AC were replaced in 2012. The kitchen has granite counters, tiled backsplash, heightened breakfast bar, and new stainless steel Frigidaire oven/range and dishwasher. The living room is accented by an upgraded wood burning fireplace with tile surround. The bathroom has a new a new tub with tile surround and a new toilet. The primary bedroom also has access to the full bathroom. There is plenty of storage with a foyer coat closet, hall linen closet, primary bedroom walk in closet and a pull down attic staircase leading to a floored attic for all of your extras. Shannon Estates is a VA friendly financing condo too! Seller will provide a one year home warranty, with an acceptable offer, for your peace of mind! With low taxes and a low monthly HOA fee, this condo is affordable! Close to 295, 541, 130 and the NJ Turnpike for easy commuting. Plus multiple shopping, restaurants and doctors around for your convenience! Come Fall in Love and Make an Offer Today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer - Electric, Dishwasher, Oven/Range - Electric, Washer/Dryer Stacked
  • Entry Floor: 1
  • Flooring Type: Laminate Plank
  • Interior Amenities: Attic, Bathroom - Tub Shower, Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Recessed Lighting, Skylight(s), Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Corner, Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Cathedral Ceilings
  • Foundation Details: Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 6
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Attic, Full Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 908
  • Living Area Sq Ft: 908
  • Price Per Sq Ft: 280.84
  • Above Grade Finished Sq Ft: 908
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1205

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 190.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance
  • HOA Name: SHANNON ESTATES
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: BURLINGTON TOWNSHIP
  • School District Key: 300200396956
  • School District Source: Listing Agent

Lot Info

  • Fencing: Partially, Vinyl
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2024
  • Zoning: R-12

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3243.00
  • Assessor Parcel Number: 06-00114 04-00001-C1205
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 908
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/04/2025

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Mar 31, 2025
Sold by
Mccoy Funding
Bought by
Cortes Christiana Hope
Seller's Agent
Andrea Previte
Weichert Realtors - Moorestown
Buyer's Agent
Jennifer Skowronski
Romano Realty
List Price
$230,000
Sold Price
$255,000
Premium/Discount to List
$25,000
10.87%
Views
163
Current Estimated Value
$254,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62
Avg. Annual Appreciation
-0.05%

Purchase Details

Closed on
Nov 27, 2024
Sold by
Burlington County Sheriff
Bought by
Mccoy Funding and Dlj Mortgage Capital Inc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Procopio Michael J
Bought by
Smith Russell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1997
Sold by
Sherwood Patrick H and Pietras Cook Natalie M
Bought by
Procopio Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,498
Interest Rate
7.47%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $255,000 None Listed On Document
Bargain Sale Deed $255,000 None Listed On Document
Sheriffs Deed $155,000 None Listed On Document
Deed $175,100 None Available
Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,100 Purchase Money Mortgage
Previous Owner $81,498 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $255,000 +10.9% $281 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $230,000 -- $253 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,250 $107,200 $15,000 $92,200
2024 $3,202 $107,200 $15,000 $92,200
2023 $3,202 $107,200 $15,000 $92,200
2022 $3,188 $107,200 $15,000 $92,200
2021 $3,220 $107,200 $15,000 $92,200
2020 $3,213 $107,200 $15,000 $92,200
2019 $3,220 $107,200 $15,000 $92,200
2018 $3,172 $107,200 $15,000 $92,200
2017 $3,153 $107,200 $15,000 $92,200
2016 $3,741 $124,700 $13,500 $111,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2079850

Bright MLS

APN: 06-00114-04-00001-0000-C1205