NOT LISTED FOR SALE

7 Summer Ave Burlington, NJ 08016

Estimated Value: $425,549 - $477,000

4 Beds
2 Baths
1,692 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $292,000 $173 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,868/month

Highlights

  • In Ground Pool
  • No HOA
  • Ceramic Tile Flooring
  • 1 Fireplace
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

The ONE you've been looking for! This stunning sunlit four bedroom and two full bathrooms home has been beautifully renovated and boasts amazing new paint and upgraded flooring throughout the house, full basement, situated on a large lot with a fully fenced yard. Featuring open living space, you'll love the updated kitchen, complete with gorgeous cabinetry, counter tops, modern backsplash and all new stainless steel appliances. After you have strolled through this impeccable kept home, you will be impressed as you walk out onto the patio that hosts a gorgeous view of the huge backyard and pool ready for a family gathering.Nothing to do but move in and enjoy everything this property has to offer! Next to the Delaware River. Centrally located-close to all major highways. call me for a private tour today and make this extraordinary home yours!

Last Agent to Sell the Property

Varinder Bal

(609) 558-4444 teamvbal@gmail.com EXP Realty, LLC License #568922 Listed on: 06/03/2020

EXP Realty, LLC

Last Buyer's Agent

Tawana Jorden

(267) 596-9832 msrigsthebroker@gmail.com The Riggins Group LLC License #RB-0031261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1952

Lot Details

  • 8,775 Sq Ft Lot
  • Lot Dimensions are 65.00 x 135.00
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned R12

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • Property has 2.5 Levels
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Pool

  • In Ground Pool

Schools

  • Burl Twp Elementary School
  • Burlington Township Middle School
  • Burlington Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 06-00094 03-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,267

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1952
  • Automatically Close On Close Date: No
  • Remarks Public: The ONE you've been looking for! This stunning sunlit four bedroom and two full bathrooms home has been beautifully renovated and boasts amazing new paint and upgraded flooring throughout the house, full basement, situated on a large lot with a fully fenced yard. Featuring open living space, you'll love the updated kitchen, complete with gorgeous cabinetry, counter tops, modern backsplash and all new stainless steel appliances. After you have strolled through this impeccable kept home, you will be impressed as you walk out onto the patio that hosts a gorgeous view of the huge backyard and pool ready for a family gathering.Nothing to do but move in and enjoy everything this property has to offer! Next to the Delaware River. Centrally located-close to all major highways. call me for a private tour today and make this extraordinary home yours!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Dishwasher
  • Flooring Type: Ceramic Tile, Laminated, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2.5
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1692
  • Living Area Sq Ft: 1692
  • Price Per Sq Ft: 171.34
  • Above Grade Finished Sq Ft: 1692
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Pool Features: In Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • 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
  • Elementary School: BURL TWP
  • Middle School: BURLINGTON TOWNSHIP
  • High School: BURLINGTON TOWNSHIP H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396956
  • School District Source: Listing Agent
  • Elementary School: BURL TWP
  • High School: BURLINGTON TOWNSHIP H.S.
  • Middle Or Junior School: BURLINGTON TOWNSHIP

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 158800.00
  • Land Assessed Value: 49800.00
  • Lot Size Acres: 0.20
  • Lot Dimensions: 65.00 x 135.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8775.00
  • Property Condition: Excellent
  • Year Assessed: 2019
  • Zoning: R12

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1607621
  • Tax Annual Amount: 6267.00
  • Assessor Parcel Number: 06-00094 03-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1692
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/01/2020

MLS Schools

  • School District Name: BURLINGTON TOWNSHIP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 31, 2020
Sold by
Gbg Properties Llc
Bought by
Jones Rakia
Seller's Agent
Varinder Bal
EXP Realty, LLC
Buyer's Agent
Tawana Jorden
The Riggins Group LLC
List Price
$289,900
Sold Price
$292,000
Premium/Discount to List
$2,100
0.72%
Current Estimated Value
$446,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,387
Avg. Annual Appreciation
8.59%
Original Mortgage
$286,711
Outstanding Balance
$254,437
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$191,950

Purchase Details

Closed on
Feb 6, 2020
Sold by
Basantis Anthony and Lakeview Loan Servicing Llc
Bought by
Gbg Properties Llc
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
Jones Rakia $292,000 Surety Title Company
Jones Rakia $292,000 Surety Title
Gbg Properties Llc $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Rakia $286,711
Closed Jones Rakia $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $292,000 +0.7% $173 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $289,900 0.0% $171 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $289,900 0.0% $171 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $289,900 -- $171 / 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 $6,325 $208,600 $49,800 $158,800
2024 $6,231 $208,600 $49,800 $158,800
2023 $6,231 $208,600 $49,800 $158,800
2022 $6,204 $208,600 $49,800 $158,800
2021 $6,259 $208,600 $49,800 $158,800
2020 $6,252 $208,600 $49,800 $158,800
2019 $6,266 $208,600 $49,800 $158,800
2018 $6,172 $208,600 $49,800 $158,800
2017 $5,885 $208,600 $49,800 $158,800
2016 $6,065 $210,500 $63,600 $146,900
2015 $5,956 $210,500 $63,600 $146,900
2014 $5,728 $210,500 $63,600 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL373722

Bright MLS

APN: 06-00094-03-00010