NOT LISTED FOR SALE

116 S King St Magnolia, NJ 08049

Estimated Value: $486,000 - $607,000

5 Beds
3.5 Baths
-- Sq Ft
1.24 Acres

Last Sold October 26, 2012

Last sale price $231,900

Est. 139% increase in value since last sale

Current estimated payment $3,928/month

95 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Cathedral Ceiling
  • 1.24 Acre Lot
  • Deck
  • Wood Flooring

About This Home

As of October 2012

This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Frank Hearst

(800) 621-0131 fhearst@gmail.com Graham/Hearst Real Estate Company Listed on: 07/16/2012

Last Buyer's Agent

Keith Greaves

(856) 437-0670 keith@keithgreaves.com RE/MAX Preferred - Cherry Hill License #335976

RE/MAX Preferred - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,042

Year Built

  • Built in 1979

Lot Details

  • 1.24 Acre Lot
  • Back, Front, and Side Yard

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Rented or Permit Required

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Pitched Roof
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stone Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Intercom
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Self-Cleaning Double Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite

Unfinished Basement

  • Partial Basement
  • Drainage System

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00020
  • Assessor Parcel Number 23-00003 02-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,042

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Built-In Range, Oven - Wall, Oven - Double, Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Skylight(s), Ceiling Fan(s), Central Vacuum, Exposed Beams, Intercom, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings
  • Entry Location: Foyer
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Partial, Unfinished, Drainage System
  • Laundry Type: Main Floor

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Construction Completed: No
  • Exterior Features: Street Lights, Exterior Lighting
  • Pool Features: In Ground
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 3
  • Parking Features: Rented/Permit Required
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 113800.00
  • Land Assessed Value: 41500.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.24
  • Lot Dimensions: 1.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54014.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897744
  • Tax Annual Amount: 9042.00
  • Assessor Parcel Number: 23-00003 02-00020
  • Tax Lot: 00020
  • Tax Year: 2011

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 26, 2012
Sold by
Fannie Mae
Bought by
Mercado Herman
Seller's Agent
Frank Hearst
Graham/Hearst Real Estate Company
Buyer's Agent
Keith Greaves
RE/MAX Preferred - Cherry Hill
List Price
$260,900
Sold Price
$231,900
Premium/Discount to List
-$29,000
-11.12%
Current Estimated Value
$554,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,693
Avg. Annual Appreciation
6.87%
Original Mortgage
$185,500
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2012
Sold by
Robinson Jackie Hart and Robinson Jackie H
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercado Herman $231,900 Dederation Title Agency Inc
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Herman $185,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $231,900 -3.7% --
10/20/2012 10/20/12 Price Changed $240,900 0.0% --
10/19/2012 10/19/12 Pending -- -- --
09/10/2012 09/10/12 Pending -- -- --
08/16/2012 08/16/12 Price Changed $240,900 -7.7% --
07/16/2012 07/16/12 For Sale $260,900 -- --
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 $12,238 $254,900 $68,500 $186,400
2024 $11,940 $254,900 $68,500 $186,400
2023 $11,940 $254,900 $68,500 $186,400
2022 $11,629 $254,900 $68,500 $186,400
2021 $11,516 $254,900 $68,500 $186,400
2020 $11,297 $254,900 $68,500 $186,400
2019 $11,083 $254,900 $68,500 $186,400
2018 $10,859 $254,900 $68,500 $186,400
2017 $10,543 $254,900 $68,500 $186,400
2016 $10,247 $254,900 $68,500 $186,400
2015 $9,893 $254,900 $68,500 $186,400
2014 $9,752 $254,900 $68,500 $186,400
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Frank Hearst

    Graham/Hearst Real Estate Company

    (800) 621-0131

    41 Total Sales

    Frank Hearst
    Section Image
  • Keith Greaves

    Buyer's Agent in 2012

    Keith Greaves

    RE/MAX

    (856) 437-0670

    1 in this area

    57 Total Sales

    Keith Greaves
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004034638

Bright MLS

APN: 23-00003-02-00020

New Jersey Camden County Magnolia 08049

116 S King St, Magnolia, NJ

Not Listed for Sale

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