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7 Beechwood Lane

7 Beechwood Lane, Burlington, NJ 08016
Property in Burlington
Sold Nov 22, 2016
$315,000
$321,772 by Navy Fcu
Mortgage Due Nov 01, 2046
Sold Sep 04, 2001
$245,000
$196,000 by Commerce Bank Na
Mortgage Due Sep 01, 2031
7 Beechwood Lane in Burlington, NJ was first built in 1990 and is 34 years old. This has been categorized as a residential property type. There are a total of 2 floors. 7 Beechwood Lane has 2,100 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 82,764 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. 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, 7 Beechwood Lane was last sold in Oct 17, 2016 for $315,000. According to our calculations, that's $150.00 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Aug 15, 2001. Current property owners are expected to pay $7,435 in taxes per year. The property on 7 Beechwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $250,100. To break that down further, the land itself was valued at $94,100. While improvements to the property were assessed at a total of $156,000. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Condition

Level Lot

Building Style

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

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 82,764
  • Total Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.9
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCCUMBER DARRELL J
  • Current Owner 2: MCCUMBER JENNIFER
  • Previous Owner : CORDER GREGORY W
  • Previous Owner 2: CORDER EUGENIA J
  • Owner Before Previous Owner: ROOT SCOTT S
  • Owner Before Previous Owner 2: ROOT MARIA S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Northern Burlington Regional School District
  • Census Tract: 702400

Zoning

  • Zoning: AR3

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 34
  • Parcel: 34 00404- 03-00004
  • Block: 404.03
  • Lot: 4
  • Municipality: SPRINGFIELD TWP
  • Latitude: 40.0492
  • Longitude: -74.7925

    Address

  • Full Address: 7 Beechwood Ln
  • Address - House Number: 7
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Burlington
  • Carrier Code: R026
  • 4-Digit Zip Code: 9769
  • Zip Code: 08016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,435

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 78
  • Final Value: 458,556
  • High Value: 536,635
  • Low Value: 380,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $321,772
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Nov 22, 2016
  • First Open Lien Mortgage Loan Amount: $321,772
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $250,100
  • Market Land Value: $94,100
  • Market Improvement Value: $156,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $250,100
  • Assessed Land Value: $94,100
  • Assessed Improvements Value: $156,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Nov 22, 2016
  • Current Sale Transaction ID: 1945804944
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 04, 2001
  • Previous Sale Contract Date: Aug 15, 2001
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Nov 22, 2016
  • First Mortgage Loan Amount: $321,772
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE BANK NA
  • Previous Mortgage Transaction Date: Sep 04, 2001
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Sep 01, 2031

About Burlington



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Nearby Rentals

Unit for rent at 68 Threadleaf Terrace, BURLINGTON, NJ, 08016

$3,150 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,150 ft²
68 Threadleaf Terrace, BURLINGTON, NJ, 08016 Listing by Surekha Raghuram

Frequently Asked Questions

What neighborhood is 7 Beechwood Lane located in?
The 7 Beechwood Lane is a located in the neighborhood of Burlington in Burlington, Burlington.
What is the average sales price for listings in 7 Beechwood Lane?
The average sales price for units in 7 Beechwood Lane is $0 currently.

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