7 Elma Ave Burlington, NJ 08016
3
Beds
1
Bath
1,056
Sq Ft
0.26
Acres
Highlights
- Rambler Architecture
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of May 2023Amazing opportunity in Burlington Township; ideal for owner-occupant. Ready for tasteful updates. Kitchen includes all appliances, large American Standard deep sink and Corian counter tops. Large living room with newer carpeting, bedrooms have original wood floors, primary with 2 closets and large centrally located bathroom. Full basement with graceful staircase and high ceilings would make great additional space. Large laundry room and workshop at the far end of the basement. Double driveway can accommodate up to 8 cars. Massive garage with room for 4 cars, with 9 foot ceilings, propane heat and 220 outlet. Ideal workshop space, includes attic storage. Beautifully landscaped lot with privacy hedge, flowering plants, Botsford pear, rhododendron, azaleas, iris, flowering quince, forsythia, hydrangeas, lilac, and butterfly bushes. Large shed behind garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,757
Year Built
- Built in 1961
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 91.00 x 126.00
- Property is in good condition
- Property is zoned R-12
Parking
- 2 Car Detached Garage
- Front Facing Garage
Home Design
- Rambler Architecture
- Block Foundation
- Stucco
Interior Spaces
- 1,056 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- 200+ Amp Service
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00003
- Assessor Parcel Number 06-00144 04-00003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2024
Sold by
Mensah Julius and Biney-Anim Eric
Bought by
Mensah Julius
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Outstanding Balance
$258,229
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$84,046
Purchase Details
Listed on
Apr 12, 2023
Closed on
May 23, 2023
Sold by
Hines Elizabeth A
Bought by
Mensah Julius and Biney-Anim Eric
Seller's Agent
Chris Poleto
RE/MAX Preferred - Cherry Hill
Buyer's Agent
Chris Poleto
RE/MAX Preferred - Cherry Hill
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.51%
Original Mortgage
$247,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2010
Sold by
Hines Elizabeth A and Horner Elizabeth A
Bought by
Hines Leon C and Hines Elizabeth A
Similar Homes in Burlington, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | $260,000 | Federation Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $261,000 | New Conventional | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $247,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2023 08/15/23 | Rented | $2,600 | 0.0% | -- |
| 08/03/2023 08/03/23 | Under Contract | -- | -- | -- |
| 07/19/2023 07/19/23 | For Rent | $2,600 | 0.0% | -- |
| 05/19/2023 05/19/23 | Sold | $260,000 | -3.7% | $246 / Sq Ft |
| 04/14/2023 04/14/23 | Pending | -- | -- | -- |
| 04/12/2023 04/12/23 | For Sale | $270,000 | -- | $256 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,783 | $193,600 | $55,000 | $138,600 |
| 2023 | $5,783 | $193,600 | $55,000 | $138,600 |
| 2022 | $5,758 | $193,600 | $55,000 | $138,600 |
| 2021 | $5,151 | $193,600 | $55,000 | $138,600 |
| 2020 | $5,802 | $193,600 | $55,000 | $138,600 |
| 2019 | $5,816 | $193,600 | $55,000 | $138,600 |
| 2018 | $5,729 | $193,600 | $55,000 | $138,600 |
| 2017 | $5,444 | $193,600 | $55,000 | $138,600 |
| 2016 | $5,366 | $187,200 | $54,000 | $133,200 |
| 2015 | $5,269 | $187,200 | $54,000 | $133,200 |
| 2014 | $5,066 | $187,200 | $54,000 | $133,200 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Poleto
Seller's Agent in 2023
Chris Poleto
RE/MAX
(646) 642-2598
3 in this area
110 Total Sales
Map
Source: Bright MLS
MLS Number: NJBL2044390
APN: 06-00144-04-00003
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