NOT LISTED FOR SALE

229 Penn St Burlington, NJ 08016

Estimated Value: $129,000 - $283,000

5 Beds
1.5 Baths
2,096 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 02, 2014

Last sale price $32,000 $15 Per Sq Ft

Est. 604% increase in value since last sale

Current estimated payment $1,536/month

Highlights

  • Colonial Architecture
  • Attic
  • No HOA
  • Wood Flooring
  • Corner Lot
  • 4-minute walk to Burlington Riverfront Promenade

About This Home

As of June 2014

Attention investors and handymen. Spacious three story townhome (over 2,000 square feet of living space) features living room, family room, formal dining room, eat-in kitchen and large laundry/mud room on the first floor. The second level offers three bedrooms and full bath. On the third floor is a large bedroom and a finished attic storage room. The basement is full. Great corner location with off-street parking in the rear. This home is in need of renovation and TLC. It is being sold as is.

Last Agent to Sell the Property

LINDA KOVACH

Weidel Realtors-Bordentown Listed on: 09/15/2013

Weidel Realtors-Bordentown

Last Buyer's Agent

Conrad Kuhn

Weichert Realtors-Turnersville

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1890

Lot Details

  • 2,071 Sq Ft Lot
  • Lot Dimensions are 19x109

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture
  • Wood Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • Property has 3 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Parking

  • Attached Carport
  • Driveway

Schools

  • Captain James Lawrence Elementary School
  • Wilburwatts Middle School
  • Burlington City High School

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • London Square Subdivision

Listing and Financial Details

  • Tax Lot 00028
  • Assessor Parcel Number 05-00115-00028

Townhouse Details

Home Type

Townhome

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: As Is
  • Inclusions: As Is
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1890
  • Remarks Public: Attention investors and handymen. Spacious three story townhome (over 2,000 square feet of living space) features living room, family room, formal dining room, eat-in kitchen and large laundry/mud room on the first floor. The second level offers three bedrooms and full bath. On the third floor is a large bedroom and a finished attic storage room. The basement is full. Great corner location with off-street parking in the rear. This home is in need of renovation and TLC. It is being sold as is.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room Count: 9
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 2096
  • Living Area Sq Ft: 2096
  • Net Sq Ft: 2096.00
  • Price Per Sq Ft: 28.58
  • Above Grade Finished Sq Ft: 2096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 229

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water, Radiator
  • 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

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • Elementary School: CAPTAIN JAMES LAWRENCE
  • Middle School: WILBURWATTS
  • High School: BURLINGTON CITY
  • School District Key: 300200397177
  • Elementary School: CAPTAIN JAMES LAWRENCE
  • High School: BURLINGTON CITY
  • Middle Or Junior School: WILBURWATTS

Lot Info

  • Improvement Assessed Value: 74100.00
  • Land Assessed Value: 27400.00
  • Lot Features: Corner
  • Lot Size Acres: 0.05
  • Lot Dimensions: 19X109
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2071.00
  • Zoning: OS-1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1604622
  • Tax Annual Amount: 3222.00
  • Assessor Parcel Number: 05-00115-00028
  • Tax Lot: 00028
  • Tax Year: 2013
  • Close Date: 06/02/2014

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2013
Closed on
Jun 2, 2014
Sold by
Rogers Mardell R
Bought by
Free Street Llc
Seller's Agent
LINDA KOVACH
Weidel Realtors-Bordentown
Buyer's Agent
Conrad Kuhn
Weichert Realtors-Turnersville
List Price
$59,900
Sold Price
$32,000
Premium/Discount to List
-$27,900
-46.58%
Current Estimated Value
$225,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,401
Avg. Annual Appreciation
18.80%

Purchase Details

Closed on
Apr 1, 2009
Sold by
Lanning Jack
Bought by
Lanning Jack and Rogers Mardell R
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 Buyer Sale Price Title Company
Free Street Llc $32,000 None Available
Lanning Jack -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Free Street Llc $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2014 06/02/14 Sold $32,000 -46.6% $15 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
09/15/2013 09/15/13 For Sale $59,900 -- $29 / 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 $4,018 $92,800 $27,400 $65,400
2024 $3,948 $92,800 $27,400 $65,400
2023 $3,948 $92,800 $27,400 $65,400
2022 $3,904 $92,800 $27,400 $65,400
2021 $3,847 $92,800 $27,400 $65,400
2020 $3,710 $92,800 $27,400 $65,400
2019 $3,538 $92,800 $27,400 $65,400
2018 $3,478 $92,800 $27,400 $65,400
2017 $3,688 $101,500 $27,400 $74,100
2016 $3,548 $101,500 $27,400 $74,100
2015 $3,422 $101,500 $27,400 $74,100
2014 $3,059 $101,500 $27,400 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003587662

Bright MLS

APN: 05-00115-0000-00028