Seller's Agent in 2024
Jersey Joe Wanamaker
Keller Williams Realty - Moorestown
(856) 316-1100
2 in this area
35 Total Sales
1226 Magnolia Ave Camden, NJ 08103
Parkside Neighborhood
3
Beds
1.5
Baths
1,454
Sq Ft
1,568
Sq Ft Lot
Highlights
- Straight Thru Architecture
- No HOA
- Property is in excellent condition
- Furnished
- Forced Air Heating and Cooling System
- 4-minute walk to Farnham Park
About This Home
As of November 2024Discover a prime CASH FLOWING INVESTMENT OPPORTUNITY! with "The Horn of Plenty" on Magnolia Ave , a tenant-occupied property generating steady income. This traditional brick townhouse, a staple of Camden’s Parkside historic charm, offers immediate landlord potential with an $800/month paying tenant whose lease is secure until December 31st, 2024.
Key Features:
Tenant Occupied: Enjoy immediate rental income from reliable tenants who consistently pay on time.
Recent Updates: New flooring, a modern hot water heater, furnace, and updated roof and gutters ensure minimal maintenance costs.
Spacious Layout: The home boasts 3 bedrooms and 1.5 bathrooms, offering ample space for tenants. The finished basement provides extra living or storage space.
Charming Interior: Warm, chestnut-like flooring and a cozy interior create an inviting atmosphere that tenants love.
Outdoor Space: A spacious backyard offers room for relaxation or further enhancement to increase property value.
Potential for Modernization: While the home is move-in ready, there’s still room for additional renovations to increase its appeal and rental value.
Perfect for investors looking to step into a stable rental market with a property that has both historical charm and modern comforts. Don't miss this chance to expand your portfolio with a property that promises both immediate returns and long-term value.
Essentially Estate Sale. Buyer's are responsible of obtaining CCO and Fire Certification from the City of Camden.
Last Agent to Sell the Property
(856) 316-1100 jerseyjoerealtor@gmail.com Keller Williams Realty - Moorestown License #2187025 Listed on: 09/04/2024
Last Buyer's Agent
(856) 381-9175 1greatchoice2@gmail.com Adhere Real Estate Services, LLC License #0895981
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,883
Year Built
- Built in 1920
Lot Details
- 1,568 Sq Ft Lot
- Lot Dimensions are 16.00 x 0.00
- Property is in excellent condition
Home Design
- Semi-Detached or Twin Home
- Straight Thru Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 1,454 Sq Ft Home
- Property has 2 Levels
- Furnished
- Laminate Flooring
- Partially Finished Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- Driveway
- On-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- 150 Amp Service
- Natural Gas Water Heater
- No Septic System
Listing and Financial Details
- Tax Lot 00099
- Assessor Parcel Number 08-01271-00099
Community Details
Overview
- No Home Owners Association
- Parkside Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2024
Closed on
Nov 1, 2024
Sold by
Smith Thomas H
Bought by
Pinnacle Estate Management Llc
Seller's Agent
Jersey Joe Wanamaker
Keller Williams Realty - Moorestown
Buyer's Agent
Judith Younger, Ed.S.
Adhere Real Estate Services, LLC
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Views
71
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
$14,722
Avg. Annual Appreciation
11.94%
Purchase Details
Closed on
Dec 18, 2014
Sold by
Lewis Hewell F and Hunter Saundra
Bought by
Smith Thomas H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.99%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $140,000 | Homestead Title | |
| Executors Deed | $140,000 | Homestead Title | |
| Executors Deed | $140,000 | Homestead Title | |
| Bargain Sale Deed | $70,000 | Surety Title Co Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $56,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $150,000 | 0.0% | $103 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 10/09/2024 10/09/24 | Price Changed | $150,000 | -11.8% | $103 / Sq Ft |
| 09/04/2024 09/04/24 | For Sale | $170,000 | -- | $117 / Sq Ft |
Source: Bright 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 | $2,983 | $84,200 | $11,100 | $73,100 |
| 2024 | $2,884 | $84,200 | $11,100 | $73,100 |
| 2023 | $2,884 | $84,200 | $11,100 | $73,100 |
| 2022 | $2,830 | $84,200 | $11,100 | $73,100 |
| 2021 | $2,679 | $84,200 | $11,100 | $73,100 |
| 2020 | $2,678 | $84,200 | $11,100 | $73,100 |
| 2019 | $2,564 | $84,200 | $11,100 | $73,100 |
| 2018 | $2,550 | $84,200 | $11,100 | $73,100 |
| 2017 | $2,488 | $84,200 | $11,100 | $73,100 |
| 2016 | $2,409 | $84,200 | $11,100 | $73,100 |
| 2015 | $2,069 | $84,200 | $11,100 | $73,100 |
| 2014 | $2,013 | $84,200 | $11,100 | $73,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jersey Joe Wanamaker
-
Judith Younger, Ed.S.
Buyer's Agent in 2024
Judith Younger, Ed.S.
Adhere Real Estate Services, LLC
(856) 381-9175
1 in this area
16 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2075400
APN: 08-01271-0000-00099
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 1231 Magnolia Ave
- 1530 Wildwood Ave
- 1243 Magnolia Ave
- 1224 Empire Ave
- 1510 Wildwood Ave
- 1266 Magnolia Ave
- 1260 Empire Ave
- 1213 Empire Ave
- 1268 Kenwood Ave
- 1249 Kenwood Ave
- 1261 Kenwood Ave
- 1275 Kenwood Ave
- 1371 Park Blvd
- 1411 Bradley Ave
- 1361 Park Blvd
- 1238 Haddon Ave
- 1386 Haddon Ave
- 1036 Princess Ave
- 1411 Norris St
- 1443 Princess Ave