NOT LISTED FOR SALE

7 Prospect Ave Burlington, NJ 08016

Estimated Value: $356,348 - $465,000

3 Beds
1.5 Baths
1,840 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $185,000 $101 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,556/month

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • 2 Car Detached Garage
  • Deck
  • No HOA
  • Living Room

About This Home

As of May 2016

Three bedroom cape has updated new kitchen and bath, newer windows, huge family room central air and neutral paint and carpet, brand new roof and siding. Spacious yard, nice rear deck, off street parking and a large detached garage.

Last Agent to Sell the Property

Anthony Balboni

Key Properties Real Estate License #rm424208 Listed on: 01/19/2016

Last Buyer's Agent

Anthony Balboni

Key Properties Real Estate License #rm424208 Listed on: 01/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,501

Year Built

  • Built in 1963

Lot Details

  • 9,920 Sq Ft Lot
  • Lot Dimensions are 80x124
  • Property is zoned R7.5

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck

Schools

  • Burlington Township High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 06-00086-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,501

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Microwave, Stove, Dishwasher
  • New Construction: No
  • Story List: Main
  • Year Built: 1963
  • Remarks Public: Three bedroom cape has updated new kitchen and bath, newer windows, huge family room central air and neutral paint and carpet, brand new roof and siding. Spacious yard, nice rear deck, off street parking and a large detached garage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1840
  • Living Area Sq Ft: 1840
  • Net Sq Ft: 1840.00
  • Price Per Sq Ft: 100.54
  • Above Grade Finished Sq Ft: 1840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway, 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
  • Senior Community: No

Schools

  • School District: BURLINGTON TOWNSHIP
  • High School: BURLINGTON TOWNSHIP
  • School District Key: 300200396956
  • High School: BURLINGTON TOWNSHIP

Lot Info

  • Improvement Assessed Value: 136900.00
  • Land Assessed Value: 49700.00
  • Lot Size Acres: 0.23
  • Lot Dimensions: 80X124
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9920.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R7.5

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1607494
  • Tax Annual Amount: 5501.00
  • Assessor Parcel Number: 06-00086-00004
  • Tax Lot: 00004
  • Tax Year: 2015
  • Close Date: 05/06/2016

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 6, 2016
Sold by
Balboni Anthony
Bought by
Mcbride Amanda and Solinski James
Seller's Agent
Anthony Balboni
Key Properties Real Estate
Buyer's Agent
Anthony Balboni
Key Properties Real Estate
List Price
$185,000
Sold Price
$185,000
Current Estimated Value
$386,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,587
Avg. Annual Appreciation
8.44%
Original Mortgage
$181,649
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2015
Closed on
Dec 10, 2015
Sold by
U S Bank National Association
Bought by
Balboni Anthony
Seller's Agent
Alan Browne
RE/MAX Of Cherry Hill
Buyer's Agent
Kathleen Emanuel
Key Properties Real Estate
List Price
$125,000
Sold Price
$79,800
Premium/Discount to List
-$45,200
-36.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
870.38%

Purchase Details

Closed on
Aug 3, 2015
Sold by
Stanfield Jean E
Bought by
U S Bank National Assocuiation and Lynch First Frankklin Mortgage Loan Trus

Purchase Details

Closed on
Mar 30, 2007
Sold by
Sullivan Pamela A
Bought by
Jordan Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,155
Interest Rate
10.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Abele John J and Abele Lena
Bought by
Sullivan 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
$133,000
Interest Rate
6.72%
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
Mcbride Amanda $185,000 Foundation Title
Balboni Anthony $79,800 Foundation Title
U S Bank National Assocuiation -- None Available
Jordan Joann $274,900 Congress Title Corp
Sullivan Pamela A $140,000 Peoples Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solinski Amanda $80,000
Closed Solinski Amanda $50,000
Open Solinski Amanda $173,300
Closed Mcbride Amanda $181,649
Previous Owner Jordan Joann $261,155
Previous Owner Sullivan Pamela $227,235
Previous Owner Sullivan Pamela $160,000
Previous Owner Abele John J $25,000
Previous Owner Sullivan Pamela A $133,000
Previous Owner Abele John J $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $185,000 0.0% $101 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $185,000 +131.8% $101 / Sq Ft
12/24/2015 12/24/15 Sold $79,800 -33.4% $43 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $119,900 +14.2% $65 / Sq Ft
10/02/2015 10/02/15 Price Changed $105,000 -16.0% $57 / Sq Ft
09/18/2015 09/18/15 For Sale $125,000 -- $68 / 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 $5,591 $184,400 $50,100 $134,300
2024 $5,508 $184,400 $50,100 $134,300
2023 $5,508 $184,400 $50,100 $134,300
2022 $5,484 $184,400 $50,100 $134,300
2021 $5,539 $184,400 $50,100 $134,300
2020 $5,526 $184,400 $50,100 $134,300
2019 $5,539 $184,400 $50,100 $134,300
2018 $5,456 $184,400 $50,100 $134,300
2017 $5,423 $184,400 $50,100 $134,300
2016 $5,598 $186,600 $49,700 $136,900
2015 $5,501 $186,600 $49,700 $136,900
2014 $5,299 $186,600 $49,700 $136,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002375746

Bright MLS

APN: 06-00086-0000-00004