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2 Melrose Lane

2 Melrose Lane, Willingboro, NJ 08046
Property in Burlington
Sold Jun 10, 2021
$265,000
$260,200 by Allied Mortgage Group Inc
Mortgage Due Jun 01, 2051
Sold Dec 16, 2015
$72,000
$57,600 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2045
2 Melrose Lane has been categorized by the local assessors in Willingboro, NJ as a residential type of property. The building on the property was first built in 1959 and is 65 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2 Melrose Lane has 1,384 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,499 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Melrose Lane was last sold in May 3, 2021 for $265,000. According to our calculations, that's $191.47 per sqft. Prior to that sales transaction, the property was sold for $72,000 in Nov 30, 2015. Current property owners are expected to pay $7,025 in taxes per year. The property on 2 Melrose Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $176,100. To break that down further, the land itself was valued at $39,300. While improvements to the property were assessed at a total of $136,800. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILLBROOK PARK
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 0500B+2500

Ownership

  • Current Owner : RODRIGUEZ JORGE A
  • Current Owner 2: CASTILLO HANSEL
  • Previous Owner : JNC PROPERTY SOLUTIONS LLC
  • Owner Before Previous Owner: CHASTANG PAMELA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Willingboro Township School District
  • Census Tract: 702805

Geography

  • Assessors Map Reference: TAX MAP P035
  • Account Number: 00457003
  • District: 38
  • Parcel: 38 00520-0000-00001
  • Block: 520
  • Lot: 1
  • Municipality: WILLINGBORO TWP
  • Latitude: 40.0226
  • Longitude: -74.8941

    Address

  • Full Address: 2 Melrose Ln
  • Address - House Number: 2
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Willingboro
  • Carrier Code: C011
  • 4-Digit Zip Code: 3104
  • Zip Code: 08046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,025

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 74
  • Final Value: 337,833
  • High Value: 402,575
  • Low Value: 273,090

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $266,759
  • First Open Lien Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2021
  • First Open Lien Mortgage Loan Amount: $260,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Sep 15, 2023
  • Second Open Lien Mortgage Loan Amount: $6,559
  • Second Open Lien Mortgage Term: 332
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $176,100
  • Market Land Value: $39,300
  • Market Improvement Value: $136,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,100
  • Assessed Land Value: $39,300
  • Assessed Improvements Value: $136,800

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Transaction ID: 11841556791
  • Current Sale Price: $265,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5652006
  • Previous Sale Recording Date: Dec 16, 2015
  • Previous Sale Contract Date: Nov 30, 2015
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIED MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Jun 10, 2021
  • First Mortgage Loan Amount: $260,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 16, 2015
  • Previous Mortgage Loan Amount: $57,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2045

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Frequently Asked Questions

What neighborhood is 2 Melrose Lane located in?
The 2 Melrose Lane is a located in the neighborhood of Burlington in Burlington, Willingboro.
What is the average sales price for listings in 2 Melrose Lane?
The average sales price for units in 2 Melrose Lane is $0 currently.

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