$57,000
SOLD FEB 20, 2015

53 Morris Ave Burlington, NJ 08016

4 Beds
2 Baths
1,452 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

5% Below List Price

182 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Living Room
  • 1 Fireplace
  • 1 Car Detached Garage
  • 4-minute walk to Palmyra Cove Nature Park

About This Home

As of November 2023

This is truly a diamond in the rough. This quaint Cape Cod in the Farnerville section, has hardwood floors, 4 Bedrooms, 2 Baths, Living Room, Kitchen and finished Basement. The basement has ample room for relaxing and entertaining, with a full bath and Jacuzzi tub. This is a good handyman special. Come out and see for yourself. Property Sold In "As Is" Condition. Short Sale! AS-IS Sale with new owner responsible for any and all repairs required by Lender or Township for Certificate of Occupancy. House is located in a flood zone.

Last Agent to Sell the Property

Artie Kimbrough

Imani Realty & Associates License #567014 Listed on: 07/16/2014

Last Buyer's Agent

Jerry Arnold

Crown Realty Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Property is zoned R-3

Parking

  • 1 Car Detached Garage
  • 1 Open Parking Space
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,452 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on lower level

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Farnerville Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 05-00245-00016

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Remarks Public: This is truly a diamond in the rough. This quaint Cape Cod in the Farnerville section, has hardwood floors, 4 Bedrooms, 2 Baths, Living Room, Kitchen and finished Basement. The basement has ample room for relaxing and entertaining, with a full bath and Jacuzzi tub. This is a good handyman special. Come out and see for yourself. Property Sold In "As Is" Condition. Short Sale! AS-IS Sale with new owner responsible for any and all repairs required by Lender or Township for Certificate of Occupancy. House is located in a flood zone.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 9
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1452
  • Living Area Sq Ft: 1452
  • Net Sq Ft: 1452.00
  • Price Per Sq Ft: 39.26
  • Above Grade Finished Sq Ft: 1452
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 53

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • 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

Schools

  • School District: BURLINGTON CITY SCHOOLS
  • School District Key: 300200397177

Lot Info

  • Improvement Assessed Value: 99100.00
  • Land Assessed Value: 51600.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 70X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Zoning: R-3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1606777
  • Tax Annual Amount: 4913.00
  • Assessor Parcel Number: 05-00245-00016
  • Tax Lot: 00016
  • Tax Year: 2014
  • Close Date: 02/20/2015

MLS Schools

  • School District Name: BURLINGTON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 13, 2023
Sold by
Rose Anthony J and Rose Rosemarie
Bought by
Idemudia Suzan O
Seller's Agent
Drew Cifrodelli
Zweet Zpot Real Estate
Buyer's Agent
Betty Shepard
BHHS Fox & Roach-Mt Laurel
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%
Views
162
Current Estimated Value
$290,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,430
Avg. Annual Appreciation
10.17%
Original Mortgage
$247,000
Outstanding Balance
$243,512
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$63,615

Purchase Details

Closed on
Mar 18, 2023
Sold by
Kiefer Rosemarie
Bought by
Rose Anthony J and Rose Rosemarie

Purchase Details

Listed on
Jul 16, 2014
Closed on
Feb 20, 2015
Sold by
Knight Horace A
Bought by
Kiefer Rosemarie and Johns Connie
Seller's Agent
Artie Kimbrough
Imani Realty & Associates
Buyer's Agent
Jerry Arnold
Crown Realty Inc
List Price
$60,000
Sold Price
$57,000
Premium/Discount to List
-$3,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.54%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Knight Horace A and Knight Darlene
Bought by
Knight Horace A and Knight Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2005
Sold by
Knight Horace A and Knight Darlene
Bought by
Knight Horace A and Knight Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
9.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 2000
Sold by
Pinho Antonio and Pinho Leah
Bought by
Knight Horace A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,100
Interest Rate
8.07%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $260,000 Trident Land Transfer
Deed -- --
Bargain Sale Deed $57,000 Foundation Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Bargain Sale Deed $103,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $202,500 Purchase Money Mortgage
Previous Owner $163,000 Unknown
Previous Owner $141,500 Fannie Mae Freddie Mac
Previous Owner $102,100 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $260,000 -5.5% $179 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $275,000 +10.0% $189 / Sq Ft
09/08/2023 09/08/23 Price Changed $250,000 +11.1% $172 / Sq Ft
08/19/2023 08/19/23 For Sale $225,000 +294.7% $155 / Sq Ft
02/20/2015 02/20/15 Sold $57,000 0.0% $39 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
09/30/2014 09/30/14 Price Changed $57,000 -5.0% $39 / Sq Ft
09/20/2014 09/20/14 For Sale $60,000 0.0% $41 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $60,000 -- $41 / 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
2024 $3,969 $93,300 $51,600 $41,700
2023 $3,969 $93,300 $51,600 $41,700
2022 $3,925 $93,300 $51,600 $41,700
2021 $3,868 $93,300 $51,600 $41,700
2020 $3,730 $93,300 $51,600 $41,700
2019 $3,558 $93,300 $51,600 $41,700
2018 $5,648 $150,700 $51,600 $99,100
2017 $5,475 $150,700 $51,600 $99,100
2016 $5,268 $150,700 $51,600 $99,100
2015 $5,080 $150,700 $51,600 $99,100
2014 $4,913 $150,700 $51,600 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003011990

Bright MLS

APN: 05-00245-0000-00016