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76 Balsam Road

76 Balsam Road, Lumberton, NJ 08048
Property in Burlington
Sold Dec 18, 2012
$540,000
$417,000 by Lincoln Mortgage Co
Mortgage Due Nov 01, 2027
Sold May 09, 2005
$664,615
$500,000 by Countrywide Home Loans Inc
Mortgage Due May 01, 2035
Local assessors in Lumberton, NJ have categorized 76 Balsam Road as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 30,056 square feet. If we look only at the heated or air conditioned part of the building, then 76 Balsam Road has a total of 3,836 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 76 Balsam Road sold most recently in Oct 22, 2012 for a total of $540,000. If you work out the math, that's approximately a cost of $140.77 per sqft. Before that, the property was also sold for $664,615 in Apr 29, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $15,472 in taxes each year. 76 Balsam Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $632,800. If we break it down further, the land itself was valued at $106,800. Improvements to the property, however, were assessed at a total of $526,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 3,836
  • Building Area: 3,836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,836
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PATEL MANOJ B
  • Current Owner 2: PATEL NEELAM
  • Previous Owner : TYREE ROBERT S
  • Previous Owner 2: TYREE LAURA L
  • Owner Before Previous Owner: ORLEANS AT MEADOW GLEN LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rancocas Valley Regional School District
  • Census Tract: 703102

Geography

  • District: 17
  • Parcel: 17 00033- 16-00005
  • Block: 33.16
  • Lot: 5
  • Municipality: LUMBERTON TWP
  • Latitude: 39.9565
  • Longitude: -74.8138

    Address

  • Full Address: 76 Balsam Rd
  • Address - House Number: 76
  • Address - Street Name: Balsam
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Lumberton
  • Carrier Code: R437
  • 4-Digit Zip Code: 4804
  • Zip Code: 08048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,472

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 76
  • Final Value: 852,988
  • High Value: 1,005,307
  • Low Value: 700,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: LINCOLN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 18, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2027

    Market Valuation

  • Market Total Value: $632,800
  • Market Land Value: $106,800
  • Market Improvement Value: $526,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $632,800
  • Assessed Land Value: $106,800
  • Assessed Improvements Value: $526,000

    Sales

  • Current Sale Contract Date: Oct 22, 2012
  • Current Sale Recording Date: Dec 18, 2012
  • Current Sale Transaction ID: 1101219120
  • Current Sale Price: $540,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $664,615
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN MORTGAGE CO
  • First Mortgage Transaction Date: Dec 18, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: May 09, 2005
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2035

About Burlington



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Frequently Asked Questions

What neighborhood is 76 Balsam Road located in?
The 76 Balsam Road is a located in the neighborhood of Burlington in Burlington, Lumberton.
What is the average sales price for listings in 76 Balsam Road?
The average sales price for units in 76 Balsam Road is $0 currently.

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