NOT LISTED FOR SALE

1216 Magnolia Ln Branchburg, NJ 08876

Branchburg Township Neighborhood

Estimated Value: $403,502 - $408,000

2 Beds
2 Baths
1,300 Sq Ft
$317/mo HOA Fee

Last Sold December 28, 2017

Last sale price $227,500 $175 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,909/month

123 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Wood Flooring
  • Stony Brook School Rated A-
  • Wooded Lot
  • Jetted Tub in Primary Bathroom

About This Home

As of December 2017

Location, Location, Location.... This well maintained 2 bedroom condo is nestled in the woods providing a relaxing environment at the end of a busy day. It provides easy access to several major highways like Routes 22 ,202, 78 and 287. The unit boast of a large master bedroom with an on suite and walk-in closet, ceiling fans in most of the rooms, Hardwood floors in the Kitchen, Dining Room and Living Room all in a park like setting. Newer appliances include: Washer, Dryer, Microwave Dishwasher and range. Great for a first-time home buyer, commuter or downsizing. This is a well maintained community in a quiet setting. MOTIVATED SELLER plus a 1 YEAR HOME WARRANTY...... Available for quick close.

Last Agent to Sell the Property

RENATE MALEY

COLDWELL BANKER REALTY Listed on: 07/21/2017

Last Buyer's Agent

ROBERT MELTON

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1992

Lot Details

  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $317 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding
  • Tile

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Drapes & Rods
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Front Basement Entry

Kitchen

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Shared Driveway
  • Additional Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Private Pool

Schools

  • Stony Brook Elementary School
  • Central Middle School
  • Somerville High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2705-00017-0015-00012-0009-CONDO

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,406

Year Built

Built in 1992

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1992
  • County Name: Somerset
  • Directions: Route 22 to County Line Road then left on Magnolia Lane. Building 1210-1218 on right.
  • I D: 4733768
  • Section Subdiv Development: Ceadarbrook
  • First Name: RENATE
  • First Name3: ROBERT
  • Last Name: MALEY
  • Last Name3: MELTON
  • Office Phone: 908-698-0189
  • Office Phone3: 908-658-9000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Carbon Monoxide Detector, Range/Oven-Gas, Refrigerator, Washer, Dishwasher, Dryer, Microwave Oven
  • Interior Amenities: SoakTub, Drapes, TubShowr, StallShw, Walk-In Closet, Blinds, Window Treatments, Carbon Monoxide Detector, Smoke Detector
  • Bedrooms: 2
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x11
  • Kitchen Level: First
  • Living Room Dim: 17x12
  • Living Room Level: First
  • Other Room 1: Utility Room
  • Other Room1 Dim: 6x8
  • Level 1 Rooms: Laundry Room, Utility Room, 2 Bedrooms, Living Room, Dining Room, Entrance Vestibule, Bath Main, Bath(s) Other, Kitchen
  • Estimated Sq Ft: 1300
  • Phone: 908-874-8421

Exterior Features

  • Exterior Description: Brick, Vinyl Siding, Wood
  • Exterior Features: Underground Lawn Sprinkler, Tennis Courts, Sidewalk, Thermal Windows/Doors
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 2
  • Parking Driveway Description: Parking Lot-Shared, Additional Parking, Lighting, Assigned, Blacktop, Common

Utilities

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

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Jogging/Biking Path, Tennis Courts
  • Association Maintenance Fee: 317
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Snow Removal, Trash Collection, Maintenance-Common Area
  • Home Warranty: Yes

Schools

  • High School: SOMERVILLE
  • Middle Jr High School: CENTRAL

Lot Info

  • Lot Description: Backs to Park Land, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4406
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2705-00017-0015-00012-0009-CONDO
  • Tax Rate Amount: 2.190
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2016

MLS Schools

  • Grade School: STONY BROOK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Mcconnell Karen L and Horvath Louis J
Bought by
Mcconnel Karen L
Current Estimated Value
$404,876

Purchase Details

Listed on
Jul 21, 2017
Closed on
Dec 28, 2017
Sold by
Norman Kathleen and Mcbride Kathleen
Bought by
Mcconnell Karen L and Horvath Louis J
Seller's Agent
RENATE MALEY
COLDWELL BANKER REALTY
Buyer's Agent
ROBERT MELTON
COLDWELL BANKER REALTY
List Price
$234,500
Sold Price
$227,500
Premium/Discount to List
-$7,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$127,500
Outstanding Balance
$107,540
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$297,336

Purchase Details

Closed on
Jul 2, 2001
Sold by
Neidich Aaron
Bought by
Sferlazzo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
7.1%

Purchase Details

Closed on
Nov 30, 1995
Sold by
Coletti Karen
Bought by
Norman Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.37%

Purchase Details

Closed on
Jan 25, 1994
Sold by
Faison Judith
Bought by
Coletti Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.08%
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
Mcconnel Karen L -- None Available
Mcconnell Karen L $227,500 Fidelity Natl Title Ins Co
Sferlazzo Michelle $179,900 --
Norman Kathleen $116,000 --
Coletti Karen $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Karen L $127,500
Previous Owner Sferlazzo Michelle $139,900
Previous Owner Norman Kathleen $75,000
Previous Owner Coletti Karen $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $227,500 -3.0% $175 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $234,500 -- $180 / 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 $5,443 $335,400 $81,000 $254,400
2024 $5,443 $301,700 $81,000 $220,700
2023 $5,136 $274,500 $81,000 $193,500
2022 $4,962 $252,000 $81,000 $171,000
2021 $4,894 $231,500 $81,000 $150,500
2020 $4,843 $226,000 $80,000 $146,000
2019 $4,847 $224,900 $77,000 $147,900
2018 $4,642 $214,800 $65,000 $149,800
2017 $4,554 $209,300 $58,000 $151,300
2016 $4,406 $201,200 $48,000 $153,200
2015 $4,330 $198,100 $43,000 $155,100
2014 $4,279 $198,100 $41,000 $157,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    RENATE MALEY

    COLDWELL BANKER REALTY

  • R

    Buyer's Agent in 2017

    ROBERT MELTON

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3407228

Garden State MLS

APN: 05-00017-15-00012-09-CONDO

New Jersey Somerset County Branchburg 08876 Branchburg Township

1216 Magnolia Ln, Branchburg, NJ

Not Listed for Sale

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