$530,000
SOLD OCT 5, 2016

15 Magnolia Dr Spring Lake, NJ 07762

2 Beds
2.5 Baths
1,619 Sq Ft
$370/mo HOA Fee

Recently Sold

$327 Per Sq Ft

69 Days on Market

Highlights

  • Golf Course Community
  • New Kitchen
  • Loft
  • Concrete Pool
  • Clubhouse
  • Granite Countertops

About This Home

As of April 2018

Welcome to 15 Magnolia Drive in the much sought after Fairway Mews community. Recently renovated kitchen with granite counters,custom cabinetry, tumbled stone backsplash, Bosch and Kitchen Aid appliances and sleek breakfast bar. Fresh paint and custom Plantation shutters welcome you into this 2 Bedroom, 2.5 Bath Seaview model. Inviting Living room, dining room and family room complete with fireplace. Great loft upstairs which can be utilized as office or den. Serene Master with ensuite and two closets. Updated bathrooms and neutral colors complete the upstairs. Step out into your own private oasis with beautiful newer paver patio, recently installed awning and fresh landscaping. Anderson windows, newer A/C, furnace and hot water heater allow you to just move in and enjoy your carefree shore lifestyle with very little maintenance. Less than a mile to the beach, boardwalk and shopping, this gated community offers heated swimming pool, tennis, bocce ball and optional golf club membership.

Last Agent to Sell the Property

Andrea Webster

Ward Wight Sotheby's International Realty Listed on: 06/14/2016

Last Buyer's Agent

Joseph Riordan

Corcoran Baer & McIntosh License #8031602

Corcoran Baer & McIntosh

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 1978

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Light Fixtures
  • Wood Burning Fireplace
  • Awning
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Sunken Living Room
  • Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Schools

  • Spring Lake Heights Middle School
  • Manasquan High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Patio
  • Landscaped

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 48-00042-04-00126

Community Details

Overview

  • Association fees include trash, exterior maint, pool, snow removal
  • Fairway Mews Subdivision, Seaview Floorplan
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Recreational Area
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,426

Year Built

Built in 1978

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Seaview
  • ResoPoolFeatures: Concrete, Fenced, Heated, In Ground
  • ResoSecurityFeatures: Security Guard
  • Reso Association Amenities: Tennis Court, Association, Swimming, Pool, Golf Course, Clubhouse, Common Area, Landscaping
  • Reso Association Fee Includes: Trash, Exterior Maint, Pool, Snow Removal
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Counter Top Range, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Screens, Awnings, Garage Door Opener
  • Subdivision Name: Fairway Mews
  • Architectural Style: Townhouse, Condo
  • Reso Interior Features: Attic - Pull Down Stairs, Loft, Sliding Door, Breakfast Bar
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info # Parking Spaces2: 1.0
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Common Area: Yes
  • Common Elements Pool4: Yes
  • Pool Heated3: Yes
  • Fee Includes Exterior Maint: Yes
  • Fee Includes Pool3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: x
  • General Property Info Farm: No
  • Location Middle School: Spring Lake Heights
  • Interior Attic - Pull Down Stairs: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Parking Asphalt: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Common Elements Clubhouse: Yes
  • Style Townhouse: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Common Elements Landscaping: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Pool Fenced: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Interior Loft: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Exterior Tennis Court(s): Yes
  • Common Elements Security Guard: Yes
  • Common Elements Tennis Court: Yes
  • Foyer Floor - Ceramic: Yes
  • Common Elements Golf Course: Yes
  • Rooms Loft2: Yes
  • Dining Room Sliding Door3: Yes
  • Included Awnings: Yes
  • Included Counter Top Range: Yes
  • Exterior Rec Area: Yes
  • Pool Concrete2: Yes
  • GreatFamily Room Sunken3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: personal belongings
  • Construction Type: Aluminum Siding, Brick
  • Exterior Features: Patio, Rec Area, Swimming, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Assigned, Direct Access
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • Parking:Assigned: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: x
  • Parcel #: 48-00042-04-00126

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5426.0

MLS Schools

  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 25, 2018
Sold by
Hooley Margaret Jane
Bought by
Johe Jennifer M
Seller's Agent
Joseph Riordan
Ocean Pointe
Buyer's Agent
Joseph Riordan
Corcoran Baer & McIntosh
Sold Price
$450,000
Current Estimated Value
$808,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,656
Avg. Annual Appreciation
8.62%
Original Mortgage
$270,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2016
Closed on
Nov 3, 2016
Sold by
Kelly Deborah L
Bought by
Hooley Margaret J
Seller's Agent
Andrea Webster
Ward Wight Sotheby's International Realty
Buyer's Agent
Joseph Riordan
Corcoran Baer & McIntosh
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.90%
Interest Rate
3.54%
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 Type Sale Price Title Company
Deed $450,000 American Land Title
Deed $530,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,250 New Conventional
Closed $270,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $450,000 -15.1% $278 / Sq Ft
10/05/2016 10/05/16 Sold $530,000 -- $327 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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
2024 $7,122 $667,600 $451,600 $216,000
2023 $7,122 $635,900 $425,000 $210,900
2022 $7,283 $601,400 $360,000 $241,400
2021 $7,283 $539,500 $320,000 $219,500
2020 $7,051 $519,200 $320,000 $199,200
2019 $7,047 $513,600 $320,000 $193,600
2018 $6,927 $491,300 $300,000 $191,300
2017 $6,234 $458,400 $300,000 $158,400
2016 $5,972 $433,700 $300,000 $133,700
2015 $5,426 $395,200 $265,000 $130,200
2014 $5,788 $431,000 $290,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21623561

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-04-00126