NOT LISTED FOR SALE

200 E Broad St Burlington, NJ 08016

Estimated Value: $1,132,954

Studio
-- Bath
6,684 Sq Ft
$170/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $200,000 $30 Per Sq Ft

Est. 466% increase in value since last sale

Current estimated payment $6,804/month

369 Days on Market

Highlights

  • 0.4 Acre Lot
  • 4-minute walk to Burlington Towne Center
  • 2-minute walk to Clarkson Playground
  • No HOA
  • Heating System Uses Gas

About This Home

As of February 2014

"Commissions are subject to court authorization and may be reduced if the commissions are reduced by the courts." All units are separately metered. Being sold individually or with MLS #6181395

Last Agent to Sell the Property

James O'Donnell

jay@odonnellgrp.com The O'Donnell Group Listed on: 01/11/2013

Last Buyer's Agent

Jennifer Toughill

(609) 281-7711 jmorganpm0444@gmail.com J Morgan Propery Management License #0227498

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 107x164

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,684 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $16,063

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 05-00144-00001

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 6684
  • Living Area Sq Ft: 6684
  • Price Per Sq Ft: 52.36
  • Above Grade Finished Sq Ft: 6684
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 392000.00
  • Land Assessed Value: 128000.00
  • Lot Size Acres: 0.40
  • Lot Dimensions: 107X164
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17548.00
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 83230.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 1605355
  • Tax Annual Amount: 16505.00
  • Assessor Parcel Number: 05-00144-00001
  • Tax Lot: 00001
  • Tax Year: 2013

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Feb 28, 2014
Sold by
Beneficial Mutual Sav Bank
Bought by
Daniel Mark Properties Llc
Seller's Agent
James O'Donnell
The O'Donnell Group
Buyer's Agent
Jennifer Toughill
J Morgan Propery Management
List Price
$540,000
Sold Price
$200,000
Premium/Discount to List
-$340,000
-62.96%
Current Estimated Value
$1,132,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$932,954
Avg. Annual Appreciation
15.72%

Purchase Details

Listed on
Jan 11, 2013
Closed on
Feb 10, 2014
Sold by
Bengal Holdings Llc and Young Christopher
Bought by
Beneficial Mutual Savings Bank and Beneficial Bank
Seller's Agent
James O'Donnell
The O'Donnell Group
Buyer's Agent
Jennifer Toughill
J Morgan Propery Management
List Price
$540,000
Sold Price
$200,000
Premium/Discount to List
-$340,000
-62.96%

Purchase Details

Closed on
Apr 30, 2009
Sold by
Freedom Properties Burlington Llc
Bought by
Bengal Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2006
Sold by
Yildiz Sebahatin
Bought by
Freedom Properties Burlington Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Scamporino Frank
Bought by
Yildiz Sebahatin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
6.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2002
Sold by
Owens Keith and Flynn Owens Kathleen M
Bought by
Scamporino Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2001
Sold by
Bossen Joseph H and Sparks Richard L
Bought by
Owens Keith and Flynn Owens Kathleen M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Daniel Mark Properties Llc $200,000 --
Beneficial Mutual Savings Bank -- None Available
Bengal Holdings Llc $630,692 Surety Title Corp
Freedom Properties Burlington Llc $500,000 New Jersey Title Ins Company
Yildiz Sebahatin $247,500 Surety Title Corp
Scamporino Frank $340,000 --
Owens Keith $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bengal Holdings Llc $881,250
Previous Owner Yildiz Sebahatin $229,000
Previous Owner Scamporino Frank $241,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $200,000 -63.0% $30 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/11/2013 01/11/13 For Sale $540,000 -- $81 / 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 $11,258 $260,000 $128,000 $132,000
2024 $11,060 $260,000 $128,000 $132,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James O'Donnell

    The O'Donnell Group

  • J

    Buyer's Agent in 2014

    Jennifer Toughill

    J Morgan Propery Management

    (609) 281-7711

    36 Total Sales

    Jennifer Toughill
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003359632

Bright MLS

APN: 05-00144-0000-00001

New Jersey Burlington County Burlington 08016

200 E Broad St, Burlington, NJ

Not Listed for Sale

MultiFamily

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