Seller's Agent in 2024
Nayna Bawa
NEW JERSEY REALTY, LLC.
(609) 655-9222
20 in this area
86 Total Sales
1 Magnolia Rd Somerset, NJ 08873
Estimated Value: $732,910 - $759,000
4
Beds
2.5
Baths
1,982
Sq Ft
$377/Sq Ft
Est. Value
Highlights
- 0.52 Acre Lot
- Property is near public transit
- Attic
- Colonial Architecture
- Wood Flooring
- Sun or Florida Room
About This Home
As of September 2024This meticulously maintained colonial features 4 bedrooms and 2.5 bathrooms. The inviting interior boasts a spacious formal living room, family room with brick wood-burning fireplace and a 2-car garage with ample options for storage. An extra bonus room is well situated in a secondary bedroom with a sun-kissed skylight. Enjoy a Florida room with a private stone walkway leading to the plush serene backyard, all situated on a beautifully landscaped half-acre lot. Close to local parks, municipal center, major transportation (I-287, Rte 1, NJ Turnpike) This home is a must-see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,636
Year Built
- Built in 1979
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 197.00 x 0.00
- Private Yard
- Property is zoned R20
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Open Parking
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- 1,982 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Entrance Foyer
- Living Room
- Formal Dining Room
- Sun or Florida Room
- Attic
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near public transit
- Property is near shops
Utilities
- Forced Air Heating System
- Underground Utilities
- Gas Water Heater
Community Details
- Magnolia Rd Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2024
Closed on
Aug 30, 2024
Sold by
Mastyka Daniel and Lecka Mariola
Bought by
Stephan Caroline and Elmorshedy Youssef
Seller's Agent
Nayna Bawa
NEW JERSEY REALTY, LLC.
List Price
$689,000
Sold Price
$726,000
Premium/Discount to List
$37,000
5.37%
Views
207
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,228
Avg. Annual Appreciation
2.42%
Original Mortgage
$582,250
Outstanding Balance
$576,080
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$170,148
Purchase Details
Listed on
Apr 30, 2013
Closed on
Apr 18, 2013
Sold by
Pape Deborah A
Bought by
Mastyka Daniel
Seller's Agent
Mark S. Heflin
RE/MAX PREFERRED PROFESSIONALS
Buyer's Agent
Douglas Swearengin
RE/MAX INSTYLE
Sold Price
$355,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$255,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stephan Caroline | $726,000 | Westcor Land Title | |
| Stephan Caroline | $726,000 | Westcor Land Title | |
| Mastyka Daniel | $355,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stephan Caroline | $582,250 | |
| Closed | Stephan Caroline | $582,250 | |
| Previous Owner | Mastyka Daniel | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2024 09/02/24 | Sold | $726,000 | +5.4% | $366 / Sq Ft | |
| 05/21/2024 05/21/24 | For Sale | $689,000 | +94.1% | $348 / Sq Ft | |
| 04/30/2013 04/30/13 | Sold | $355,000 | -- | -- | View Prior Sale |
Source: All Jersey MLS
Tax History Compared to Growth
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 | $9,986 | $651,200 | $328,600 | $322,600 |
| 2024 | $9,986 | $549,300 | $328,600 | $220,700 |
| 2023 | $9,950 | $515,300 | $294,600 | $220,700 |
| 2022 | $9,636 | $472,800 | $252,100 | $220,700 |
| 2021 | $9,531 | $430,300 | $209,600 | $220,700 |
| 2020 | $9,550 | $421,800 | $201,100 | $220,700 |
| 2019 | $9,319 | $404,800 | $184,100 | $220,700 |
| 2018 | $8,823 | $379,300 | $158,600 | $220,700 |
| 2017 | $8,853 | $379,300 | $158,600 | $220,700 |
| 2016 | $8,718 | $370,800 | $150,100 | $220,700 |
| 2015 | $8,658 | $370,800 | $150,100 | $220,700 |
| 2014 | $8,731 | $379,300 | $158,600 | $220,700 |
Source: Public Records
Agents Affiliated with this Home
-
Nayna Bawa
-
Mark S. Heflin
Seller's Agent in 2013
Mark S. Heflin
RE/MAX
(908) 256-5327
73 in this area
83 Total Sales
-
Douglas Swearengin
Buyer's Agent in 2013
Douglas Swearengin
RE/MAX
(732) 939-2934
25 in this area
101 Total Sales
Map
Source: All Jersey MLS
MLS Number: 2411802R
APN: 08-00386-08-00021
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