NOT LISTED FOR SALE

424 Locust Ave Burlington, NJ 08016

Estimated Value: $245,965 - $329,000

5 Beds
1.5 Baths
1,966 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $199,900 $102 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,006/month

149 Days on Market

Highlights

  • Colonial Architecture
  • 3-minute walk to Burlington Towne Center
  • Living Room
  • No HOA
  • Breakfast Area or Nook
  • 3-minute walk to Kennedy Park

About This Home

As of May 2023

Property being conveyed in strictly "as-is" condition. Buyer is responsible for all repairs, Certificate of Occupancy and any requirements of Burlington City. No Warranties or Guarantees.

Home is located in desirable section of Burlington City. Lots of home for the value. Needs a little loving care to bring back to former glory. The interior of home has been freshly painted. 4/5 bedrooms and 1 1/2 baths.
Close to Riverline, downtown and Delaware River. Available for Immediate Occupancy. Schedule your appointment today. Flood insurance is required.

Last Agent to Sell the Property

Joseph Nolan

Century 21 Alliance-Moorestown Listed on: 11/22/2022

Century 21 Alliance-Moorestown

Last Buyer's Agent

ALESSANDRO FALCAO

Real Broker, LLC License #0571693

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,720

Year Built

  • Built in 1880

Lot Details

  • 2,500 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Property is zoned R-3

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,966 Sq Ft Home
  • Property has 3 Levels
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Breakfast Area or Nook
  • Range Hood

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Flood Risk

Schools

  • Wilbur Watts Intermediate School
  • Burlington City High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • London Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-00031-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,720

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Refrigerator, Washer & Dryer, Window AC units all conveyed in "as-is" condition
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-11-22
  • Federal Flood Zone: Yes
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Property being conveyed in strictly "as-is" condition. Buyer is responsible for all repairs, Certificate of Occupancy and any requirements of Burlington City. No Warranties or Guarantees. Home is located in desirable section of Burlington City. Lots of home for the value. Needs a little loving care to bring back to former glory. The interior of home has been freshly painted. 4/5 bedrooms and 1 1/2 baths. Close to Riverline, downtown and Delaware River. Available for Immediate Occupancy. Schedule your appointment today. Flood insurance is required.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Range Hood, Refrigerator, Washer, Dryer
  • Interior Amenities: Breakfast Area
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room Count: 8
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Bedroom 5, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 1966
  • Living Area Sq Ft: 1966
  • Price Per Sq Ft: 101.68
  • Above Grade Finished Sq Ft: 1966
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 424

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 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
  • Senior Community: No

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • Middle School: WILBUR WATTS INTERMEDIATE SCHOOL
  • High School: BURLINGTON CITY
  • Middle School Source: Listing Agent
  • School District Key: 300200397177
  • School District Source: Listing Agent
  • High School: BURLINGTON CITY
  • Middle Or Junior School: WILBUR WATTS INTERMEDIATE SCHOOL

Lot Info

  • Fencing: Rear
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Zoning: R-3
  • Zoning Description: Residential

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Multi Family

  • Federal Flood Zone: AE

Tax Info

  • Assessor Parcel Number: 1603390
  • Tax Annual Amount: 6720.00
  • Assessor Parcel Number: 05-00031-00035
  • Tax Year: 2021
  • Close Date: 05/31/2023

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
May 31, 2023
Sold by
Cairns Thomas J
Bought by
Soto Ana M and Velasquez-Garcia Estela
Seller's Agent
Joseph Nolan
Century 21 Alliance-Moorestown
Buyer's Agent
ALESSANDRO FALCAO
Real Broker, LLC
List Price
$199,900
Sold Price
$199,900
Views
184
Current Estimated Value
$259,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,591
Avg. Annual Appreciation
13.27%
Original Mortgage
$191,468
Outstanding Balance
$187,383
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$75,581

Purchase Details

Closed on
Apr 30, 2009
Sold by
Keegan J Richard
Bought by
Cairns Thomas J and Cairns Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2007
Sold by
Keegan Jean S
Bought by
Keegan J Richard
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
Soto Ana M $199,900 None Listed On Document
Cairns Thomas J $119,000 Pennant First Title Agency I
Keegan J Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Ana M $191,468
Previous Owner Cairns Thomas J $89,000
Previous Owner Keegan Jean S $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $199,900 0.0% $102 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $199,900 0.0% $102 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $199,900 -- $102 / 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 $7,019 $162,100 $29,100 $133,000
2024 $6,896 $162,100 $29,100 $133,000
2023 $6,896 $162,100 $29,100 $133,000
2022 $6,820 $162,100 $29,100 $133,000
2021 $6,721 $162,100 $29,100 $133,000
2020 $6,481 $162,100 $29,100 $133,000
2019 $6,181 $162,100 $29,100 $133,000
2018 $6,076 $162,100 $29,100 $133,000
2017 $5,889 $162,100 $29,100 $133,000
2016 $5,667 $162,100 $29,100 $133,000
2015 $5,464 $162,100 $29,100 $133,000
2014 $5,284 $162,100 $29,100 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2037494

Bright MLS

APN: 05-00031-0000-00035