NOT LISTED FOR SALE

2055 Bustleton Rd Burlington, NJ 08016

Estimated Value: $368,000 - $542,865

4 Beds
2 Baths
2,112 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $47,000 $22 Per Sq Ft

Est. 919% increase in value since last sale

Current estimated payment $3,212/month

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • En-Suite Primary Bedroom
  • No HOA
  • Living Room
  • Central Air

About This Home

As of November 2017

Now available 9/19/17 HUD #351-490813 is now on the market at todays incredible new low price of only $69,320 for owner occupant buyers & all investors.Bid deadlines are daily at 11:59PM C.S.T & daily thereafter until sold.Owner occupants may now use the $100 DOWN FHA203K PROGRAM.All investors may get involved NOW! All bids will be opened & reviewed daily.Fantastic new reduced price offering on this SINGLE,HUD owned home in Burlington.This super fixer-upper classified as UK. No 203b loans avail.-203-K $100 down re-hab MORTGAGES ARE AVAILABLE TO QUALIFIED BUYERS with $100 down payment.Do not be bashful to place an offer.This property must be sold quickly to the highest acceptable bidder.Property being sold 100% AS IS.No exceptions."EQUAL HOUSING OPPORTUNITY" Mortgage buyers must have a written pre-approval from a recognized lender prior to placing any bid. Naturally all cash buyers or conventional mortgages are welcome from those who qualify.HUD does NOT pay any transfer taxes or city C/O's.All at buyers expense.HUD is not involved in any grants or first time buyer programs.Keep in mind,high net bid wins and everyone else loses.For Qualified Buyers there is $100 down payment program on HUD Homes financed with FHA-insured financing to qualified buyers. "AS-IS" policy on all HUD OWNED HOMES.Sold by electronic bid only.See hudhomestore. com. Buyer to verify all information. Please refer to the attached BLB Resources disclosures/addenda. VERY IMPORTANT TO READ.FHA 203K ELIGABLE.THIS IS NOT A MIS-PRINT.Without a doubt,one the best financing programs ever offered for FHA financing to qualified buyers.Very Important.If you are currently renting, get out of that phone both size apartment & into this fantastic value in the Garden State. Less than an hours drive to the Jersey Beaches or New York City.Work in Philadelphia? A short drive to the Tacony-Palmyra Bridge or Burlington/Bristol Bridge connecting with I-95 & Bucks County. Work in Center City Philadelphia? Take the close by high speed light rail that goes to Trenton & Camden with many stops along the way. Built in 1937. LBP. 2108SF. DO NOT miss out on this opportunity to own a piece of the American Dream. Remember-HIGH NET BID WINS. The fixer upper deal of the year!Well & Spetic NOT INSPECTED.You MUST READ the attached BLB Resources property disclosures.All buyers are encouraged to obtain a home inspection at buyers expanse after your contract is accepted by BLB RESOURCES.Place a bid today! You might win it!

Last Agent to Sell the Property

Ronald Rudolph

(215) 801-4501 pahudhomes@aol.com Century 21 Advantage Gold-Cherry Hill Listed on: 05/22/2017

Century 21 Advantage Gold-Cherry Hill

Last Buyer's Agent

Danielle Gurst

(267) 804-6183 dgurst@gmail.com RE/MAX Affiliates

RE/MAX Affiliates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.42 Acre Lot

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00030
  • Assessor Parcel Number 15-00160 01-00030

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1937
  • Remarks Public: Now available 9/19/17 HUD #351-490813 is now on the market at todays incredible new low price of only $69,320 for owner occupant buyers & all investors.Bid deadlines are daily at 11:59PM C.S.T & daily thereafter until sold.Owner occupants may now use the $100 DOWN FHA203K PROGRAM.All investors may get involved NOW! All bids will be opened & reviewed daily.Fantastic new reduced price offering on this SINGLE,HUD owned home in Burlington.This super fixer-upper classified as UK. No 203b loans avail.-203-K $100 down re-hab MORTGAGES ARE AVAILABLE TO QUALIFIED BUYERS with $100 down payment.Do not be bashful to place an offer.This property must be sold quickly to the highest acceptable bidder.Property being sold 100% AS IS.No exceptions."EQUAL HOUSING OPPORTUNITY" Mortgage buyers must have a written pre-approval from a recognized lender prior to placing any bid. Naturally all cash buyers or conventional mortgages are welcome from those who qualify.HUD does NOT pay any transfer taxes or city C/O's.All at buyers expense.HUD is not involved in any grants or first time buyer programs.Keep in mind,high net bid wins and everyone else loses.For Qualified Buyers there is $100 down payment program on HUD Homes financed with FHA-insured financing to qualified buyers. "AS-IS" policy on all HUD OWNED HOMES.Sold by electronic bid only.See hudhomestore. com. Buyer to verify all information. Please refer to the attached BLB Resources disclosures/addenda. VERY IMPORTANT TO READ.FHA 203K ELIGABLE.THIS IS NOT A MIS-PRINT.Without a doubt,one the best financing programs ever offered for FHA financing to qualified buyers.Very Important.If you are currently renting, get out of that phone both size apartment & into this fantastic value in the Garden State. Less than an hours drive to the Jersey Beaches or New York City.Work in Philadelphia? A short drive to the Tacony-Palmyra Bridge or Burlington/Bristol Bridge connecting with I-95 & Bucks County. Work in Center City Philadelphia? Take the close by high speed light rail that goes to Trenton & Camden with many stops along the way. Built in 1937. LBP. 2108SF. DO NOT miss out on this opportunity to own a piece of the American Dream. Remember-HIGH NET BID WINS. The fixer upper deal of the year!Well & Spetic NOT INSPECTED.You MUST READ the attached BLB Resources property disclosures.All buyers are encouraged to obtain a home inspection at buyers expanse after your contract is accepted by BLB RESOURCES.Place a bid today! You might win it!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Upper Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2112
  • Living Area Sq Ft: 2112
  • Net Sq Ft: 2112.00
  • Price Per Sq Ft: 32.82
  • Above Grade Finished Sq Ft: 2112
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2055

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Total Garage And Parking Spaces: 5

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396948

Lot Info

  • Improvement Assessed Value: 147200.00
  • Land Assessed Value: 85500.00
  • Lot Size Acres: 0.42
  • Lot Dimensions: IRREGULAR
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18165.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1653940
  • Tax Annual Amount: 5710.00
  • Assessor Parcel Number: 15-00160 01-00030
  • Tax Lot: 00030
  • Tax Year: 2016
  • Close Date: 11/03/2017

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2018
Sold by
Cruz Luis E
Bought by
Ramirez Grindis
Current Estimated Value
$478,966

Purchase Details

Listed on
May 22, 2017
Closed on
Nov 3, 2017
Sold by
Secretary Of Housing And Urban Develp
Bought by
Cruz Luis E
Seller's Agent
Ronald Rudolph
Century 21 Advantage Gold-Cherry Hill
Buyer's Agent
Danielle Gurst
RE/MAX Affiliates
List Price
$69,320
Sold Price
$47,000
Premium/Discount to List
-$22,320
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.06%

Purchase Details

Closed on
May 4, 2016
Sold by
Dimaio Michele and Dimaio Anthony
Bought by
The Secretyar Of Hud

Purchase Details

Closed on
May 31, 2007
Sold by
Dimaio Michele and Eckman Michele
Bought by
Dimaio Anthony and Dimaio Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,200
Interest Rate
6.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2004
Sold by
Dimaio Anthony and Dimaio Denise
Bought by
Eckman Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1995
Sold by
Stokley Patricia and Johnson Louis
Bought by
Dimaio Anthony and Dimaio Denise
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramirez Grindis -- None Available
Cruz Luis E $47,000 First Partners Abstract Co
The Secretyar Of Hud -- None Available
Dimaio Anthony -- Commonwealth Land Title Insu
Eckman Michele $170,000 --
Dimaio Anthony $86,900 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimaio Anthony $284,200
Previous Owner Eckman Michele $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $47,000 -32.2% $22 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $69,320 0.0% $33 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/08/2017 09/08/17 Price Changed $69,320 -8.0% $33 / Sq Ft
08/09/2017 08/09/17 Price Changed $75,348 -8.0% $36 / Sq Ft
07/13/2017 07/13/17 For Sale $81,900 +74.3% $39 / Sq Ft
07/13/2017 07/13/17 Off Market $47,000 -- --
07/05/2017 07/05/17 Pending -- -- --
07/05/2017 07/05/17 Off Market $47,000 -- --
06/28/2017 06/28/17 For Sale $81,900 0.0% $39 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $81,900 -10.0% $39 / Sq Ft
05/22/2017 05/22/17 For Sale $91,000 -- $43 / 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 $7,940 $284,900 $85,500 $199,400
2024 $7,601 $284,900 $85,500 $199,400
2023 $7,601 $284,900 $85,500 $199,400
2022 $7,439 $284,900 $85,500 $199,400
2021 $7,373 $284,900 $85,500 $199,400
2020 $7,345 $284,900 $85,500 $199,400
2019 $5,945 $232,700 $85,500 $147,200
2018 $5,894 $232,700 $85,500 $147,200
2017 $5,822 $232,700 $85,500 $147,200
2016 $5,710 $232,700 $85,500 $147,200
2015 $5,594 $232,700 $85,500 $147,200
2014 $5,438 $232,700 $85,500 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000421107

Bright MLS

APN: 15-00160-01-00030