NOT LISTED FOR SALE

1117 Magnolia Ln Branchburg, NJ 08876

Branchburg Township Neighborhood

Estimated Value: $424,000 - $442,000

3 Beds
2 Baths
-- Sq Ft
$335/mo HOA Fee

Last Sold January 19, 2021

Last sale price $282,000

Est. 55% increase in value since last sale

Current estimated payment $3,147/month

43 Days on Market

Highlights

  • Clubhouse
  • Deck
  • High Ceiling
  • Stony Brook School Rated A-
  • Attic
  • Community Pool

About This Home

As of January 2021

WOW! This beautiful 3 bedroom, 2 full bath townhouse has it ALL!!!! Eat-in-kitchen, walk-in-pantry, formal dining room. LR w/ sliders to patio. Master bedroom w/ walk-in closet, Master bath w/ stall shower and soaking tub.

Last Agent to Sell the Property

Andrew Sabella

ADDISON REAL ESTATE Listed on: 10/11/2020

Last Buyer's Agent

Jodie Sandman

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1993

Lot Details

  • 915

HOA Fees

  • $335 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Living Room
  • Formal Dining Room
  • Wall to Wall Carpet
  • Front Basement Entry
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Deck

Schools

  • Somerville High School

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2705-00017-0015-00011-0009-CONDO

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, snow removal, trash collection

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,372

Year Built

Built in 1993

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Style: Townhouse-End Unit, One Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1993
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Route 22 to county line road left on Magnolia Lane first building on the left.
  • I D: 5023984
  • Section Subdiv Development: Cedar Brook
  • First Name: ANDREW
  • First Name3: JODIE
  • Last Name: SABELLA
  • Last Name3: SANDMAN
  • Office Phone: 973-598-1008
  • Office Phone3: 9732630400
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, High Ceilings, Smoke Detector, Walk-In Closet
  • Bedrooms: 3
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Primary Bathroom Features: Soaking Tub, Stall Shower
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: Second
  • Living Room Dim: 26x12
  • Living Room Level: Second
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Entrance Vestibule, Kitchen, Laundry Room, Living Room
  • Level 3 Rooms: Attic
  • Phone: 973-598-1008

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck, Sidewalk
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Additional Parking, Assigned, Blacktop, Common

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 335
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Schools

  • High School: SOMERVILLE

Lot Info

  • Lot Size: *
  • Lot Description: Open Lot
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5372
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2705-00017-0015-00011-0009-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.155
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Sultab Ghalib and Matin Nadia
Bought by
Magnolia Lane Llc
Current Estimated Value
$437,414

Purchase Details

Listed on
Oct 11, 2020
Closed on
Jan 15, 2021
Sold by
Spagnolo Daniel
Bought by
Sultan Ghalib and Matin Nadia
Seller's Agent
Andrew Sabella
ADDISON REAL ESTATE
Buyer's Agent
Jodie Sandman
COLDWELL BANKER REALTY
List Price
$299,000
Sold Price
$282,000
Premium/Discount to List
-$17,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$197,400
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2015
Closed on
May 29, 2015
Sold by
Kovasala Robert and Kovasala Frances E
Bought by
Spagnolo Daniel
Seller's Agent
Michelle Ventura
COLDWELL BANKER REALTY
Buyer's Agent
SUSAN HOBBIE
WEICHERT REALTORS
Sold Price
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$213,000
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Magnolia Lane Llc -- Chicago Title Insurance Co
Sultan Ghalib $282,000 Chicago Title Insurance Co
Spagnolo Daniel $238,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sultan Ghalib $197,400
Previous Owner Spagnolo Daniel $213,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $282,000 -2.4% --
11/23/2020 11/23/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $289,000 -3.3% --
10/11/2020 10/11/20 For Sale $299,000 +25.6% --
06/03/2015 06/03/15 Sold $238,000 -- -- View Prior Sale
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 $6,022 $379,400 $82,000 $297,400
2024 $6,022 $333,800 $82,000 $251,800
2023 $5,852 $312,800 $82,000 $230,800
2022 $5,614 $285,100 $82,000 $203,100
2021 $5,490 $259,700 $82,000 $177,700
2020 $5,343 $249,300 $72,000 $177,300
2019 $5,163 $239,600 $60,000 $179,600
2018 $5,052 $233,800 $52,000 $181,800
2017 $4,990 $229,300 $52,000 $177,300
2016 $5,028 $229,600 $50,000 $179,600
2015 $5,002 $228,800 $47,000 $181,800
2014 $4,949 $229,100 $45,000 $184,100
Source: Public Records

Agents Affiliated with this Home

  • Andrew Sabella

    Seller's Agent in 2021

    Andrew Sabella

    ADDISON REAL ESTATE

    (973) 975-6881

    1 in this area

    38 Total Sales

    Andrew Sabella
    Section Image
  • Jodie Sandman

    Buyer's Agent in 2021

    Jodie Sandman

    COLDWELL BANKER REALTY

    (973) 951-4857

    1 in this area

    36 Total Sales

    Jodie Sandman
    Section Image
  • Michelle Ventura

    Seller's Agent in 2015

    Michelle Ventura

    COLDWELL BANKER REALTY

    (732) 208-8271

    11 in this area

    28 Total Sales

    Michelle Ventura
    Section Image

  • S

    Buyer's Agent in 2015

    SUSAN HOBBIE

    WEICHERT REALTORS

See All Agents

Map

Source: Garden State MLS

MLS Number: 3671066

Garden State MLS

APN: 05-00017-15-00011-09-CONDO

New Jersey Somerset County Branchburg 08876 Branchburg Township

1117 Magnolia Ln, Branchburg, NJ

Not Listed for Sale

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