NOT LISTED FOR SALE

116 Lakewood Ave Magnolia, NJ 08049

Estimated Value: $146,000 - $289,435

3 Beds
1 Bath
1,204 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $110,000 $91 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,855/month

118 Days on Market

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2022

This home is located at 116 Lakewood Ave, Magnolia, NJ 08049 since 31 July 2021 and is currently estimated at $241,359, approximately $200 per square foot. This property was built in 1954. 116 Lakewood Ave is a home located in Camden County with nearby schools including Magnolia Elementary School and Sterling High School.

Last Agent to Sell the Property

Jerry Mac

Keller Williams Realty - Cherry Hill Listed on: 07/31/2021

Keller Williams Realty - Cherry Hill

Last Buyer's Agent

Lisa Hyder

BHHS Fox & Roach-Mullica Hill South License #2186221

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 100.00 x 165.00

Home Design

  • Raised Ranch Architecture
  • Rambler Architecture
  • Bungalow
  • Converted Dwelling

Interior Spaces

  • 1,204 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 23-00004 05-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,955

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow, Converted Dwelling, Raised Ranch/Rambler, Ranch/Rambler
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1204
  • Living Area Sq Ft: 1204
  • Price Per Sq Ft: 112.13
  • Above Grade Finished Sq Ft: 1204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84300.00
  • Land Assessed Value: 47500.00
  • Lot Dimensions: 100.00 x 165.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898073
  • Tax Annual Amount: 5955.00
  • Assessor Parcel Number: 23-00004 05-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 1204
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 01/03/2022

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Jan 6, 2022
Sold by
Cobb and Odessa
Bought by
908-6 Ave Llc
Seller's Agent
Jerry Mac
Keller Williams Realty - Cherry Hill
Buyer's Agent
Lisa Hyder
BHHS Fox & Roach-Mullica Hill South
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Current Estimated Value
$240,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,433
Avg. Annual Appreciation
24.47%
Original Mortgage
$168,750
Interest Rate
3.55%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
908-6 Ave Llc $110,000 Stewart Title Guaranty Company
908-6 Ave Llc $110,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 908-6 Ave Llc $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $110,000 -18.5% $91 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $135,000 -10.0% $112 / Sq Ft
07/31/2021 07/31/21 For Sale $150,000 -- $125 / Sq Ft
Source: Bright 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 $6,328 $131,800 $47,500 $84,300
2024 $6,174 $131,800 $47,500 $84,300
2023 $6,174 $131,800 $47,500 $84,300
2022 $6,013 $131,800 $47,500 $84,300
2021 $5,501 $131,800 $47,500 $84,300
2020 $5,841 $131,800 $47,500 $84,300
2019 $5,731 $131,800 $47,500 $84,300
2018 $5,615 $131,800 $47,500 $84,300
2017 $5,451 $131,800 $47,500 $84,300
2016 $5,298 $131,800 $47,500 $84,300
2015 $5,115 $131,800 $47,500 $84,300
2014 $5,043 $131,800 $47,500 $84,300
Source: Public Records

Agents Affiliated with this Home

  • Jerry Mac

    Seller's Agent in 2022

    Jerry Mac

    Keller Williams Realty - Cherry Hill

    (856) 220-1874

    1 in this area

    102 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Hyder

    BHHS Fox & Roach

    1 in this area

    13 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJCD2004012

Bright MLS

APN: 23-00004-05-00023

New Jersey Camden County Magnolia 08049

116 Lakewood Ave, Magnolia, NJ

This home is located at 116 Lakewood Ave, Magnolia, NJ 08049 since 31 July 2021 and is currently estimated at $241,359, approximately $200 per square foot. This property was built in 1954. 116 Lakewood Ave is a home located in Camden County with nearby schools including Magnolia Elementary School and Sterling High School.

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