NOT LISTED FOR SALE

1702 Salem Rd Burlington, NJ 08016

Estimated Value: $298,943 - $342,000

2 Beds
1 Bath
1,060 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $148,000 $140 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,078/month

Highlights

  • Rambler Architecture
  • 1 Fireplace
  • 1 Car Detached Garage
  • Attic
  • No HOA
  • Porch

About This Home

As of April 2014

GREAT starter home. Some TLC needed. Ranch home is situated on a nice size lot. Home features 2 bedrooms 1 bath. Living room with wood burning fireplace. Hardwood floors under carpet. Eat in kitchen. All appliances stay. Full unfinished basement plus one car garage.

Last Agent to Sell the Property

Christina Seiler

(609) 560-0283 chris@rmxworldclass.com RE/MAX World Class Realty License #8730447 Listed on: 01/06/2014

RE/MAX World Class Realty

Last Buyer's Agent

Mallisa Volpe

(856) 883-4035 mallisalynn@aol.com BHHS Fox & Roach-Mullica Hill North

BHHS Fox & Roach-Mullica Hill North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1952

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 97x200
  • Property is in below average condition
  • Property is zoned R-12

Parking

  • 1 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Pitched Roof
  • Aluminum Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Replacement Windows
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • Fountain Woods Elementary School
  • Burlington Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 06-00101 31-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,014

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer And Refrigerator
  • New Construction: No
  • Story List: Main
  • Year Built: 1952
  • Remarks Public: GREAT starter home. Some TLC needed. Ranch home is situated on a nice size lot. Home features 2 bedrooms 1 bath. Living room with wood burning fireplace. Hardwood floors under carpet. Eat in kitchen. All appliances stay. Full unfinished basement plus one car garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Fully Carpeted
  • Interior Amenities: Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor, Basement
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Net Sq Ft: 1060.00
  • Price Per Sq Ft: 150.94
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1702

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: BURLINGTON TOWNSHIP
  • Elementary School: FOUNTAIN WOODS
  • High School: BURLINGTON TOWNSHIP
  • School District Key: 300200396956
  • Elementary School: FOUNTAIN WOODS
  • High School: BURLINGTON TOWNSHIP

Lot Info

  • Improvement Assessed Value: 123800.00
  • Land Assessed Value: 56200.00
  • Lot Size Acres: 0.45
  • Lot Dimensions: 97X200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19400.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Zoning: R-12

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1608564
  • Tax Annual Amount: 5014.00
  • Assessor Parcel Number: 06-00101 31-00016
  • Tax Lot: 00016
  • Tax Year: 2013
  • Close Date: 04/02/2014

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Apr 1, 2014
Sold by
Jack Dorothy May and Jack David
Bought by
Lugo Daniel and Magat Grace Panes
Seller's Agent
Christina Seiler
RE/MAX World Class Realty
Buyer's Agent
Mallisa Volpe
BHHS Fox & Roach-Mullica Hill North
List Price
$160,000
Sold Price
$148,000
Premium/Discount to List
-$12,000
-7.5%
Current Estimated Value
$320,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,486
Avg. Annual Appreciation
6.90%
Original Mortgage
$148,000
Outstanding Balance
$112,635
Interest Rate
4.37%
Mortgage Type
VA
Estimated Equity
$207,851
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Lugo Daniel $148,000 Group 21 Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Daniel $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2014 04/02/14 Sold $148,000 -7.5% $140 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $160,000 -- $151 / 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 $4,763 $157,100 $56,400 $100,700
2024 $4,693 $157,100 $56,400 $100,700
2023 $4,693 $157,100 $56,400 $100,700
2022 $4,672 $157,100 $56,400 $100,700
2021 $3,986 $157,100 $56,400 $100,700
2020 $4,708 $157,100 $56,400 $100,700
2019 $4,719 $157,100 $56,400 $100,700
2018 $4,649 $157,100 $56,400 $100,700
2017 $4,620 $157,100 $56,400 $100,700
2016 $4,440 $148,000 $56,200 $91,800
2015 $5,306 $180,000 $56,200 $123,800
2014 $4,862 $180,000 $56,200 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002778290

Bright MLS

APN: 06-00101-31-00016