$497,000
SOLD OCT 31, 2013

1 Magnolia Ln Boonton, NJ 07005

3 Beds
3 Baths
2,371 Sq Ft
0.87 Acres

Recently Sold

$210 Per Sq Ft

About This Home

As of August 2021

This home is located at 1 Magnolia Ln, Boonton, NJ 07005 and is currently priced at $497,000, approximately $209 per square foot. 1 Magnolia Ln is a home located in Morris County with nearby schools including Rockaway Valley Elementary School and Our Lady of Mount Carmel School.

Last Agent to Sell the Property

Ronnie Glomb

YOUR TOWN REALTY Brokerage Phone: 855-600-2465 Listed on: 10/31/2013

Last Buyer's Agent

Lily Chu-Constable

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,858

Lot Details

  • 0.87 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,858

Lot Details

0

Listing Details

  • County Name: Morris
  • Street Number Display: 1
  • I D: 4314162
  • Modified: 2021-09-23
  • Number Images: 0
  • Attribution Contact: 855-600-2465
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: .869 AC
  • Total Acres: 0.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 18, 2021
Sold by
Wong Jonathan C and Wong Cherry H
Bought by
Sheppell Arthur
Seller's Agent
Lily Chu-Constable
COLDWELL BANKER REALTY
Buyer's Agent
Jacqueline Scura
COMPASS OF NEW JERSEY
List Price
$565,900
Sold Price
$530,000
Premium/Discount to List
-$35,900
-6.34%
Current Estimated Value
$727,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,071
Avg. Annual Appreciation
7.92%
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Parulekar Rohit and Parulekar Aditi
Bought by
Parulekar Rohit A and Parulekar Aditi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,497
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2012
Sold by
Carollo Leigh
Bought by
Parulekar Rohit and Parulekar Aditi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,367
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 1999
Sold by
Andican Celal
Bought by
Carollo Frank and Carollo Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.7%

Purchase Details

Closed on
Jul 10, 1998
Sold by
Fernwood Funding Llc
Bought by
Andican Celal
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $530,000 Simplicity Title
Deed -- None Available
Deed $380,000 Fidelity Natl Title Ins Co
Deed $220,000 Old Republic Natl Title Ins
Deed $72,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $103,000 Credit Line Revolving
Previous Owner $380,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $368,000 New Conventional
Previous Owner $266,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $331,000 Adjustable Rate Mortgage/ARM
Previous Owner $352,500 New Conventional
Previous Owner $357,820 New Conventional
Previous Owner $371,497 FHA
Previous Owner $370,367 FHA
Previous Owner $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $530,000 -6.3% $224 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $565,900 +13.9% $239 / Sq Ft
10/31/2013 10/31/13 Sold $497,000 -- $210 / Sq Ft
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,858 $473,200 $157,500 $315,700
2024 $11,721 $473,200 $157,500 $315,700
2023 $10,890 $322,000 $112,300 $209,700
2022 $10,188 $322,000 $112,300 $209,700
2021 $10,188 $322,000 $112,300 $209,700
2020 $9,972 $322,000 $112,300 $209,700
2019 $9,705 $322,000 $112,300 $209,700
2018 $9,493 $322,000 $112,300 $209,700
2017 $9,341 $322,000 $112,300 $209,700
2016 $9,116 $322,000 $112,300 $209,700
2015 $8,890 $322,000 $112,300 $209,700
2014 $8,771 $322,000 $112,300 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3016928

Garden State MLS

APN: 29-00501-0000-00021