NOT LISTED FOR SALE

1408 Magnolia Ln Branchburg, NJ 08876

Branchburg Township Neighborhood

Estimated Value: $419,000 - $444,000

3 Beds
2 Baths
-- Sq Ft
$345/mo HOA Fee

Last Sold May 17, 2022

Last sale price $332,000

Est. 32% increase in value since last sale

Current estimated payment $3,166/month

13 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Jogging Path
  • Stony Brook School Rated A-
  • Tennis Courts
  • Formal Dining Room

About This Home

As of May 2022

Welcome home! Enjoy this stunning and private 3 bedroom 2 full bath home with one floor living in highly sought after Cedar Brook. Nestled in a serene park-like setting, you can enjoy endless hours of tranquility. This home features a large sunlit master bedroom with a large walk-in closet equipped with custom organizers and two generously sized additional bedrooms. In addition it features a formal dining room, a bright family room for entertaining, two upgraded full bathrooms, a walk-in pantry that is great for storage or office, and a private covered patio which backs to the wooded lawn area. Close proximity to all the major highways - Rt. 22, 78, 287. Access to Clubhouse, Tennis Court, Pool and Playground.

Last Agent to Sell the Property

MICHAEL PRETER

KELLER WILLIAMS TOWNE SQUARE REAL Listed on: 03/05/2022

Last Buyer's Agent

NAZIR HUNTINGTON

KELLER WILLIAMS PROSPERITY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,449

Year Built

  • Built in 1992

Lot Details

  • 523

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Accessible Bedroom
  • Private Pool

Listing and Financial Details

  • Assessor Parcel Number 2705-00017-0015-00014-0005-CONDO
  • Tax Block *

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,449

Year Built

Built in 1992

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Style: First Floor Unit, One Floor Unit
  • Primary Style: First Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1992
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 1408
  • Directions: Rt. 22 to Country Line Rd. Left on Magnolia. First building on right
  • I D: 5133838
  • Modified: 2023-05-18
  • Number Images: 24
  • Section Subdiv Development: Cedar Brook
  • First Name: MICHAEL
  • First Name3: NAZIR
  • Last Name: PRETER
  • Last Name3: HUNTINGTON
  • Office Phone: 299616
  • Office Phone3: 9736867777
  • Attribution Contact: 908-766-0085
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Appliances: Carbon Monoxide Detector, CookGas, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Number Rooms: 6
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath, Walk-In Closet
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Ground
  • Den Level: Ground
  • Family Room Level: Ground
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Dim: 11x18
  • Kitchen Level: Ground
  • Living Room Dim: 12x17
  • Living Room Level: Ground
  • Other Room 1: Storage Room
  • Other Room1 Dim: 6x8
  • Other Room1 Level: Ground
  • Ground Level Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Laundry Room, LivDinRm, Pantry
  • Phone: 908-766-0085

Exterior Features

  • Exterior Description: Vinyl Siding
  • Pool: Yes
  • Pool Description: Association Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: Assigned

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Association
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Amenities: Club House, Jogging/Biking Path, Playground, Pool-Outdoor, Tennis Courts
  • Association Maintenance Fee: 345
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Snow Removal, Trash Collection

Lot Info

  • Lot Size: *
  • Assessed Improvement Value: 175800
  • Assessed Land Value: 82000
  • Assessment: 257800
  • Easement: Unknown
  • Lot Identifier: 14.05
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 5449
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2705-00017-0015-00014-0005-CONDO
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.114
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
May 4, 2022
Sold by
Ogbaa and Mariene
Bought by
Keith Geremy
Seller's Agent
MICHAEL PRETER
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
NAZIR HUNTINGTON
KELLER WILLIAMS PROSPERITY REALTY
List Price
$309,000
Sold Price
$332,000
Premium/Discount to List
$23,000
7.44%
Current Estimated Value
$437,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,465
Avg. Annual Appreciation
8.48%
Original Mortgage
$305,900
Outstanding Balance
$290,205
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$147,260

Purchase Details

Listed on
Mar 1, 2018
Closed on
Jun 15, 2018
Sold by
Sabio Dorothy
Bought by
Ogbaa Ikenna
Seller's Agent
CAROL CURTIS
COLDWELL BANKER REALTY
Buyer's Agent
CAROL ANN MUCERINO
KL SOTHEBY'S INT'L. REALTY
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$236,300
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 22, 1995
Sold by
Keen Robin
Bought by
Sabio Loretta
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
Keith Geremy $332,000 Fidelity National Title
Keith Geremy $332,000 Fidelity National Title
Ogbaa Ikenna $278,000 None Available
Sabio Loretta $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Geremy $305,900
Closed Keith Geremy $305,900
Previous Owner Ogbaa Ikenna $236,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2022 05/17/22 Sold $332,000 +7.4% --
03/18/2022 03/18/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $309,000 +11.2% --
06/19/2018 06/19/18 Sold $278,000 -2.5% $182 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $285,000 -- $186 / 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 $5,917 $365,900 $82,000 $283,900
2024 $5,917 $328,000 $82,000 $246,000
2023 $5,776 $308,700 $82,000 $226,700
2022 $5,551 $281,900 $82,000 $199,900
2021 $5,450 $257,800 $82,000 $175,800
2020 $5,295 $247,100 $82,000 $165,100
2019 $5,155 $239,200 $72,000 $167,200
2018 $4,998 $231,300 $62,000 $169,300
2017 $4,992 $229,400 $62,000 $167,400
2016 $5,028 $229,600 $60,000 $169,600
2015 $4,999 $228,700 $57,000 $171,700
2014 $4,944 $228,900 $55,000 $173,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    MICHAEL PRETER

    KELLER WILLIAMS TOWNE SQUARE REAL

  • N

    Buyer's Agent in 2022

    NAZIR HUNTINGTON

    KELLER WILLIAMS PROSPERITY REALTY

  • C

    Seller's Agent in 2018

    CAROL CURTIS

    COLDWELL BANKER REALTY

  • C

    Buyer's Agent in 2018

    CAROL ANN MUCERINO

    KL SOTHEBY'S INT'L. REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3767517

Garden State MLS

APN: 05-00017-15-00014-05-CONDO

New Jersey Somerset County Branchburg 08876 Branchburg Township

1408 Magnolia Ln, Branchburg, NJ

This home is located at 1408 Magnolia Ln, Branchburg, NJ 08876 since 05 March 2022 and is currently estimated at $437,465. This property was built in 1992. 1408 Magnolia Ln is a home located in Somerset County with nearby schools including Whiton Elementary School, Stony Brook School, and Branchburg Central Middle School.

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