NOT LISTED FOR SALE

7 Spring Dr Burlington, NJ 08016

Estimated Value: $623,383 - $657,000

4 Beds
3 Baths
2,694 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 7 Spring Dr, Burlington, NJ 08016 and is currently estimated at $639,846, approximately $237 per square foot. 7 Spring Dr is a home located in Burlington County with nearby schools including B Bernice Young Elementary School, Fountain Woods Elementary School, and Burlington Township Middle School at Springside.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2009
Sold by
Spence Derek A and Spence Katrina
Bought by
Allen James L
Current Estimated Value
$632,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,102
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2000
Sold by
Mipro Homes Llc
Bought by
Spence Derek A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.21%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Triad Development Inc
Bought by
Mipro Homes Llc

Purchase Details

Closed on
Nov 4, 1998
Sold by
Kenosha Development Co
Bought by
Triad Development Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Allen James L $325,000 None Available
Spence Derek A $194,900 Collegiate Title & Abstract
Mipro Homes Llc $153,000 --
Triad Development Inc $48,600 Title America Agency Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen James L $292,000
Closed Allen James L $314,102
Previous Owner Spence Derek A $270,600
Previous Owner Spence Derek A $174,650
Previous Owner Spence Derek A $150,000
Previous Owner Spence Derek A $30,000
Previous Owner Spence Derek A $60,000
Source: Public Records

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 $10,081 $332,500 $83,100 $249,400
2024 $9,932 $332,500 $83,100 $249,400
2023 $9,932 $332,500 $83,100 $249,400
2021 $9,738 $332,500 $83,100 $249,400
2020 $9,965 $332,500 $83,100 $249,400
2019 $9,988 $332,500 $83,100 $249,400
2018 $9,839 $332,500 $83,100 $249,400
2017 $9,529 $332,500 $83,100 $249,400
2016 $8,450 $290,000 $75,000 $215,000
2015 $8,299 $290,000 $75,000 $215,000
2014 $7,986 $290,000 $75,000 $215,000
Source: Public Records

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