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520 Chelton Avenue

520 Chelton Avenue, Burlington, NJ 08016
Property in Burlington
Sold Mar 03, 2022
$250,000
$245,471 by Crosscountry Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Mar 15, 2016
$207,894
520 Chelton Avenue in Burlington, NJ was first built in 1953 and is 71 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. 520 Chelton Avenue has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,497 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know 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, 520 Chelton Avenue was last sold in Jan 14, 2022 for $250,000. According to our calculations, that's $217.01 per sqft. Prior to that sales transaction, the property was sold for $207,894 in May 20, 2015. Current property owners are expected to pay $5,570 in taxes per year. The property on 520 Chelton Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $132,400. To break that down further, the land itself was valued at $53,500. While improvements to the property were assessed at a total of $78,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Building Style

Cape Cod
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,497
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SPENCER JENNIFER L
  • Current Owner 2: SPENCER JOHN R
  • Previous Owner : GRACE COLEMAN
  • Owner Before Previous Owner: MCCULLOUGH ALFRED
  • Owner Before Previous Owner 2: MCCULLOUGH CAROL RAYE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Burlington City School District
  • Census Tract: 701205

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 19
  • District: 05
  • Parcel: 05 00056-0000-00009
  • Block: 56
  • Lot: 9
  • Municipality: BURLINGTON CITY
  • Latitude: 40.0716
  • Longitude: -74.8697

    Address

  • Full Address: 520 Chelton Ave
  • Address - House Number: 520
  • Address - Street Name: Chelton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Burlington
  • Carrier Code: C007
  • 4-Digit Zip Code: 1203
  • Zip Code: 08016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,570

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 72
  • Final Value: 224,725
  • High Value: 269,966
  • Low Value: 179,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,471
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $245,471
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $132,400
  • Market Land Value: $53,500
  • Market Improvement Value: $78,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,400
  • Assessed Land Value: $53,500
  • Assessed Improvements Value: $78,900

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11882377751
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5732450
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: May 20, 2015
  • Previous Sale Amount: $207,894
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

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Frequently Asked Questions

What neighborhood is 520 Chelton Avenue located in?
The 520 Chelton Avenue is a located in the neighborhood of Burlington in Burlington, Burlington.
What is the average sales price for listings in 520 Chelton Avenue?
The average sales price for units in 520 Chelton Avenue is $0 currently.

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