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61 Bank Street

61 Bank Street, Medford, NJ 08055
Property in Burlington
Sold Dec 29, 2015
$210,000
$214,285 by Oak Mortgage Company Llc
Mortgage Due Jul 01, 2045
Sold Sep 25, 2015
$210,000
$214,285 by Oak Mortgage Company Llc
Mortgage Due Jul 01, 2045
61 Bank Street in Medford, NJ was first built in 1870 and is 154 years old. This has been categorized as a residential property type. There are a total of 2 floors. 61 Bank Street has 1,580 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. In total, the area measurement of the land is 6,534 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 61 Bank Street sold most recently in Jun 26, 2015 for a total of $210,000. If you work out the math, that's approximately a cost of $132.91 per sqft. Before that, the property was also sold for $210,000 in Jun 26, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $6,435 in taxes each year. 61 Bank Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $198,000. If we break it down further, the land itself was valued at $87,400. Improvements to the property, however, were assessed at a total of $110,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Building Style

Colonial
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FLYNN TERENCE J
  • Current Owner 2: FLYNN GINA L
  • Previous Owner : SCHILLINGER EDWIN A
  • Previous Owner 2: SCHILLINGER LUCILLE E
  • Owner Before Previous Owner: SCHILLINGER EDWIN A
  • Owner Before Previous Owner 2: SCHILLINGER LUCILLE E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Medford Township School District
  • Census Tract: 703802

Zoning

  • Zoning: HVR

Geography

  • Assessors Map Reference: TAX MAP 18
  • Account Number: 01176000
  • District: 20
  • Parcel: 20 01811-0000-00004- 02
  • Block: 1811
  • Lot: 4.02
  • Municipality: MEDFORD TWP
  • Latitude: 39.8996
  • Longitude: -74.8196

    Address

  • Full Address: 61 Bank St
  • Address - House Number: 61
  • Address - Street Name: Bank
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Medford
  • Carrier Code: C011
  • 4-Digit Zip Code: 2625
  • Zip Code: 08055

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,435

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 67
  • Final Value: 328,012
  • High Value: 404,085
  • Low Value: 251,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,285
  • First Open Lien Mortgage Lender: OAK MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Sep 25, 2015
  • First Open Lien Mortgage Loan Amount: $214,285
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2045

    Market Valuation

  • Market Total Value: $198,000
  • Market Land Value: $87,400
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,000
  • Assessed Land Value: $87,400
  • Assessed Improvements Value: $110,600

    Sales

  • Current Sale Contract Date: Jun 26, 2015
  • Current Sale Recording Date: Dec 29, 2015
  • Current Sale Transaction ID: 1927556286
  • Current Sale Price: $210,000
  • Current Sale Document Type: Re-recorded Document
  • Previous Sale Recording Date: Sep 25, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: OAK MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Sep 25, 2015
  • Previous Mortgage Loan Amount: $214,285
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Burlington



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Frequently Asked Questions

What neighborhood is 61 Bank Street located in?
The 61 Bank Street is a located in the neighborhood of Burlington in Burlington, Medford.
What is the average sales price for listings in 61 Bank Street?
The average sales price for units in 61 Bank Street is $0 currently.

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