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8 Gramercy Lane

8 Gramercy Lane, Willingboro, NJ 08046
Property in Burlington
Sold May 08, 2015
$181,075
$116,000 by Sovereign Bank
Mortgage Due Jan 01, 2035
Sold Jan 20, 2005
$145,000
$116,000 by Sovereign Bank
Mortgage Due Jan 01, 2035
Local assessors in Willingboro, NJ have categorized 8 Gramercy Lane as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 6,499 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Gramercy Lane has a total of 1,913 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 8 Gramercy Lane was last sold in Dec 13, 2014 for $181,075. According to our calculations, that's $94.65 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Dec 22, 2004. Current property owners are expected to pay $5,628 in taxes per year. The property on 8 Gramercy Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $141,100. To break that down further, the land itself was valued at $32,100. While improvements to the property were assessed at a total of $109,000. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Floor Count: 2
  • 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: 1,913
  • Building Area: 1,913
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,913
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: RTD

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : THOMAS STEVEN A
  • Owner Before Previous Owner: ADAMOVIE CAROL A

Neighborhood

  • School District Name: Willingboro Township School District
  • Census Tract: 702804

Geography

  • Assessors Map Reference: TAX MAP P056
  • Account Number: 00728705
  • District: 38
  • Parcel: 38 00721-0000-00006
  • Block: 721
  • Lot: 6
  • Municipality: WILLINGBORO TWP
  • Latitude: 40.0186
  • Longitude: -74.8849

    Address

  • Full Address: 8 Gramercy Ln
  • Address - House Number: 8
  • Address - Street Name: Gramercy
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Willingboro
  • Carrier Code: C011
  • 4-Digit Zip Code: 3322
  • Zip Code: 08046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,628

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Jan 18, 2023
  • Confidence Score: 71
  • Final Value: 267,038
  • High Value: 322,593
  • Low Value: 211,484

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,000
  • First Open Lien Mortgage Lender: SOVEREIGN BANK
  • First Open Lien Mortgage Recording Date: Jan 20, 2005
  • First Open Lien Mortgage Loan Amount: $116,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $141,100
  • Market Land Value: $32,100
  • Market Improvement Value: $109,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $141,100
  • Assessed Land Value: $32,100
  • Assessed Improvements Value: $109,000

    Sales

  • Current Sale Contract Date: Dec 13, 2014
  • Current Sale Recording Date: May 08, 2015
  • Current Sale Transaction ID: 1224222532
  • Current Sale Price: $181,075
  • Current Sale Document Type: Deed in Lieu of Foreclosure
  • Previous Sale Recording Date: Jan 20, 2005
  • Previous Sale Contract Date: Dec 22, 2004
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BANK
  • Previous Mortgage Transaction Date: Jan 20, 2005
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 8 Gramercy Lane located in?
The 8 Gramercy Lane is a located in the neighborhood of Burlington in Burlington, Willingboro.
What is the average sales price for listings in 8 Gramercy Lane?
The average sales price for units in 8 Gramercy Lane is $0 currently.

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