NOT LISTED FOR SALE

137 Lafayette Ave Magnolia, NJ 08049

Estimated Value: $359,000 - $428,000

3 Beds
2.5 Baths
2,053 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $233,000 $113 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,053/month

35 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • No HOA
  • Open Floorplan
  • Attic
  • Upgraded Countertops

About This Home

As of May 2019

NEW CONSTRUCTION! This is a 3 bedroom, 2 1/2 bath home with one car garage. Open and contemporary floor plan. This home has a large living room and large kitchen with granite tops, ceramic tile backsplash and center island and breakfast room. The large master bedroom has a walk-in closet and private bath. High quality laminate floors on entire first floor. Kitchen has a large center island with bar top and stainless steel appliance package. This home also has a finished basement. PLEASE NOTE THAT THE PHOTOS IN THIS LISTING ARE OF A SIMILAR HOME AND ARE INCLUDED HERE TO GIVE AN IDEA OF THE HOMES LAYOUT. SOME FEATURES SHOWN IN THESE PHOTOS ARE OPTIONAL FEATURES AND MAY OR MAY NOT BE INCLUDED IN THE HOME LISTED HERE. CONTACT LISTING AGENT FOR THE COMPLETE LIST OF FEATURES IN THE SUBJECT HOME.

Last Agent to Sell the Property

Walt Young III

Long & Foster Real Estate, Inc. Listed on: 04/08/2019

Last Buyer's Agent

Andrew Park

Keller Williams Realty - Marlton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • East Facing Home

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Sump Pump
  • Basement Windows

Schools

  • Magnolia Elementary School
  • Magnolia Middle School
  • Sterling High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Walnut Ave Partners LLC
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00020
  • Assessor Parcel Number 23-00003 07-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2019
  • Remarks Public: NEW CONSTRUCTION! This is a 3 bedroom, 2 1/2 bath home with one car garage. Open and contemporary floor plan. This home has a large living room and large kitchen with granite tops, ceramic tile backsplash and center island and breakfast room. The large master bedroom has a walk-in closet and private bath. High quality laminate floors on entire first floor. Kitchen has a large center island with bar top and stainless steel appliance package. This home also has a finished basement. PLEASE NOTE THAT THE PHOTOS IN THIS LISTING ARE OF A SIMILAR HOME AND ARE INCLUDED HERE TO GIVE AN IDEA OF THE HOMES LAYOUT. SOME FEATURES SHOWN IN THESE PHOTOS ARE OPTIONAL FEATURES AND MAY OR MAY NOT BE INCLUDED IN THE HOME LISTED HERE. CONTACT LISTING AGENT FOR THE COMPLETE LIST OF FEATURES IN THE SUBJECT HOME.
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Water Heater
  • Entry Floor: 1
  • Flooring Type: Laminated
  • Interior Amenities: Attic, Breakfast Area, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Upgraded Countertops
  • Window Features: Insulated, Low-E, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Fully Finished, Sump Pump, Windows
  • Basement Finished Percent: 95.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 2053
  • Living Area Sq Ft: 2053
  • Price Per Sq Ft: 160.29
  • Above Grade Finished Sq Ft: 1428
  • Below Grade Finished Sq Ft: 625
  • Total Below Grade Sq Ft: 625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 137

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: Yes
  • Roof: Architectural Shingle
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • Elementary School: MAGNOLIA E.S.
  • Middle School: MAGNOLIA
  • High School: STERLING H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396856
  • School District Source: Listing Agent
  • Elementary School: MAGNOLIA E.S.
  • High School: STERLING H.S.
  • Middle Or Junior School: MAGNOLIA

Lot Info

  • Additional Parcels: No
  • Land Assessed Value: 26900.00
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2019
  • Zoning: RES

Green Features

  • Clean Green Assessed: No
  • R Factor Basement: R13
  • R Factor Ceilings: R38
  • R Factor Ext Walls: R15

Building Info

  • Builder Name: Walnut Ave Partners LLC

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897857
  • Tax Annual Amount: 1170.00
  • Assessor Parcel Number: 23-00003 07-00020
  • Tax Lot: 00020
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 05/31/2019

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Sommerer Frank Ralph
Bought by
Sommerer Frank Ralph and Sommerer Joshua
Current Estimated Value
$409,147

Purchase Details

Closed on
Jul 8, 2022
Sold by
Richard Kowal
Bought by
Sommerer Frank Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 6, 2019
Sold by
Walnut Avenue Partners Llc
Bought by
Kowal Richard W and Alber Mariah
Seller's Agent
Walt Young III
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrew Park
Keller Williams Realty - Marlton
List Price
$227,900
Sold Price
$233,000
Premium/Discount to List
$5,100
2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$221,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2017
Sold by
Estate Of Fgenevieve Z Marley
Bought by
Walnut Ave Partners Limited Liability Co
Source: Public Records

Range of Values:

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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
Sommerer Frank Ralph -- --
Sommerer Frank Ralph $341,000 Surety Title
Kowal Richard W $233,000 Foundation Title Llc
Walnut Ave Partners Limited Liability Co $22,500 Infinity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sommerer Frank Ralph $341,000
Previous Owner Kowal Richard W $221,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $233,000 +1.8% $113 / Sq Ft
04/08/2019 04/08/19 Price Changed $228,900 +0.4% $111 / Sq Ft
04/08/2019 04/08/19 For Sale $227,900 -- $111 / 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 $9,760 $203,300 $26,900 $176,400
2024 $9,523 $203,300 $26,900 $176,400
2023 $9,523 $203,300 $26,900 $176,400
2022 $9,275 $203,300 $26,900 $176,400
2021 $9,185 $203,300 $26,900 $176,400
2020 $9,010 $203,300 $26,900 $176,400
2019 $1,170 $26,900 $26,900 $0
2018 $1,146 $26,900 $26,900 $0
2017 $740 $17,900 $17,900 $0
2016 $720 $17,900 $17,900 $0
2015 $695 $17,900 $17,900 $0
2014 $685 $17,900 $17,900 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Walt Young III

    Long & Foster

    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Park

    Keller Williams Realty - Marlton

See All Agents

Map

Source: Bright MLS

MLS Number: NJCD361898

Bright MLS

APN: 23-00003-07-00020

New Jersey Camden County Magnolia 08049

137 Lafayette Ave, Magnolia, NJ

This home is located at 137 Lafayette Ave, Magnolia, NJ 08049 since 08 April 2019 and is currently estimated at $401,877, approximately $195 per square foot. This property was built in 2019. 137 Lafayette Ave is a home located in Camden County with nearby schools including Magnolia Elementary School and Sterling High School.

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