NOT LISTED FOR SALE

503 Neck Rd Burlington, NJ 08016

Estimated Value: $321,000 - $375,000

3 Beds
2 Baths
1,141 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $179,900 $158 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,275/month

45 Days on Market

Highlights

  • Cape Cod Architecture
  • Upgraded Countertops
  • Wet Bar
  • No HOA
  • Eat-In Kitchen
  • Bar

About This Home

As of November 2019

Buyers financing fell through!!! Opportunity for you to jump back on board and grab this home!

Last Agent to Sell the Property

Joseph Wright

Sureway Realty License #1649402 Listed on: 09/13/2019

Last Buyer's Agent

Sharon Thomas

Weichert Realtors-Turnersville License #1649445

Weichert Realtors-Turnersville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1928

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Property is in very good condition
  • Property is zoned I-2

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 06-00152-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,953

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1928
  • Remarks Public: Buyers financing fell through!!! Opportunity for you to jump back on board and grab this home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Carpet, Kitchen - Eat-In, Upgraded Countertops, Wet/Dry Bar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1141
  • Living Area Sq Ft: 1141
  • Price Per Sq Ft: 157.67
  • Above Grade Finished Sq Ft: 1141
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • 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: 3
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • 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 TOWNSHIP
  • School District Key: 300200396956
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 89400.00
  • Land Assessed Value: 42200.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: I-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1614436
  • Tax Annual Amount: 3953.00
  • Assessor Parcel Number: 06-00152-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1141
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 11/27/2019

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Nov 25, 2019
Sold by
Ibdb19 Llc
Bought by
Alam Mohammed
Seller's Agent
Joseph Wright
Sureway Realty
Buyer's Agent
Sharon Thomas
Weichert Realtors-Turnersville
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$343,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,572
Avg. Annual Appreciation
11.04%
Original Mortgage
$169,100
Outstanding Balance
$150,951
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$177,144

Purchase Details

Closed on
Jul 1, 2019
Sold by
Wells Fargo Bank Na
Bought by
Ibdb19 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2019
Sold by
Adran Michael and Reynolds Jefery Pamela
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 24, 2014
Sold by
Jeffrey Veterans Eligibility Trust and Reynolds Jeffrey Pamela
Bought by
Adran Jeffrey Michael and Reynolds Jeffrey Pamela

Purchase Details

Closed on
Feb 3, 2012
Sold by
Jeffrey Vera and Jeffrey Pamela Reynolds
Bought by
Vera Jeffrey Veterans Eligibility Trust and Reynolds Jeffrey Pamela

Purchase Details

Closed on
Aug 8, 2006
Sold by
Jeffery Vera and Reynolds Jeffery Pamela
Bought by
Jeffery Vera and Jeffery Michael Adran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2006
Sold by
Jeffery Vera
Bought by
Jeffery Vera and Reynolds Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Jeffery Vera
Bought by
Jeffery Vera
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
Alam Mohammed $178,000 Weichert Title Agency
Ibdb19 Llc $90,000 None Available
Wells Fargo Bank Na -- None Available
Adran Jeffrey Michael -- None Available
Vera Jeffrey Veterans Eligibility Trust -- None Available
Jeffery Vera -- None Available
Jeffery Vera -- None Available
Jeffery Vera -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alam Mohammed $169,100
Previous Owner Ibdb19 Llc $106,000
Previous Owner Jeffery Michael Adran $33,627
Previous Owner Jeffery Michael Adran $169,413
Previous Owner Jeffery Pamela Reynolds $189,000
Previous Owner Jeffery Vera $160,000
Previous Owner Jeffery Vera $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $179,900 0.0% $158 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $179,900 0.0% $158 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $179,900 -- $158 / 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 $4,845 $159,800 $42,200 $117,600
2024 $4,773 $159,800 $42,200 $117,600
2023 $4,773 $159,800 $42,200 $117,600
2022 $4,752 $159,800 $42,200 $117,600
2021 $4,800 $159,800 $42,200 $117,600
2020 $4,789 $159,800 $42,200 $117,600
2019 $3,953 $131,600 $42,200 $89,400
2018 $3,894 $131,600 $42,200 $89,400
2017 $3,870 $131,600 $42,200 $89,400
2016 $3,816 $127,200 $44,100 $83,100
2015 $3,750 $127,200 $44,100 $83,100
2014 $3,362 $127,200 $44,100 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL356864

Bright MLS

APN: 06-00152-0000-00013