NOT LISTED FOR SALE

150 Magnolia Ln Middletown, NJ 07748

New Monmouth Neighborhood

Estimated Value: $747,700

3 Beds
1 Bath
-- Sq Ft
0.5 Acres

Last Sold May 17, 2021

Last sale price $545,000

Est. 37% increase in value since last sale

Current estimated payment $4,650/month

Highlights

  • Granite Flooring
  • No HOA
  • Multiple cooling system units
  • Middletown Village Elementary School Rated A-
  • Oversized Parking
  • Living Room

About This Home

As of June 2022

Updated raised ranch home for rent. Open kitchen with stainless steel applicances, granite counters and custom cabinets. Ceramic foyer, hardwood floors upstairs. 1 bedroom on 1st fl, additional 2 bedrooms on 2ndt level. Loads of storage space. Oversize garage.

Last Agent to Rent the Property

Carole Kubis

Berkshire Hathaway HomeServices Fox & Roach - Red Bank Listed on: 06/06/2022

Last Renter's Agent

Tara Macchia

Weichert Realtors-Rumson License #1864160

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,417

Year Built

  • Built in 1990

Lot Details

  • 0.5 Acre Lot
  • Fenced

Parking

  • 2 Car Garage
  • Oversized Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Living Room
  • Granite Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Middletown Village Elementary School
  • Thompson Middle School
  • Middle South High School

Utilities

  • Multiple cooling system units
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,125
  • Property Available on 6/15/21
  • Assessor Parcel Number 32-00605-0000-00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,417

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2021-06-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Stove, Microwave, Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Year Built: 1990
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.5
  • Location Middle School: Thompson
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Contract Info Available Date: 2021-06-15
  • Maintenance Fees Security Deposit3: 4125.0
  • Lease Requirements Security Deposit4: Yes
  • Garage Oversized: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: yes
  • Kitchen Floor - Granite5: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Acres: 0.5
  • Waterfront: No
  • Exterior Features: Fence

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, On Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 32-00605-0000-00055

MLS Schools

  • Elementary School: Middletown Village
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
May 17, 2021
Sold by
Port Enterprises Properties Llc
Bought by
Magnolia Lane Investment Llc
Seller's Agent
Carole Kubis
Berkshire Hathaway HomeServices Fox & Roach - Red Bank
Buyer's Agent
Marilyn Dinunzio
VRI Homes
Sold Price
$32,400
Current Estimated Value
$747,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,300
Avg. Annual Appreciation
7.54%
Original Mortgage
$408,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 2020
Sold by
Mccarthy Dennis J
Bought by
Port Enterprises Properties Llc

Purchase Details

Closed on
May 26, 1995
Sold by
Majors Robert
Bought by
Dennis Mc Carthy

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
8.33%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 1995
Sold by
Majors Robert
Bought by
Shear Diane

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
8.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magnolia Lane Investment Llc $545,000 Counsellors Title Agency Inc
Magnolia Lane Investment Llc $545,000 Counsellors Title
Port Enterprises Properties Llc -- None Available
Dennis Mc Carthy $40,000 --
Shear Diane $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Lane Investment Llc $78,000
Previous Owner Magnolia Lane Investment Llc $408,750
Previous Owner Shear Diane $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Rented $2,750 0.0% --
06/06/2022 06/06/22 For Rent $2,750 -91.5% --
06/14/2021 06/14/21 Rented $32,400 +1100.0% --
05/25/2021 05/25/21 Under Contract -- -- --
05/18/2021 05/18/21 For Rent $2,700 0.0% --
05/17/2021 05/17/21 Sold $545,000 -4.4% --
02/26/2021 02/26/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $569,900 -- --
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
2025 $8,417 $627,200 $268,100 $359,100
2024 $8,674 $511,700 $228,800 $282,900
2023 $8,674 $499,100 $219,900 $279,200
2022 $8,186 $436,700 $193,100 $243,600
2021 $8,186 $393,600 $185,500 $208,100
2020 $8,184 $382,800 $163,500 $219,300
2019 $6,604 $312,700 $163,500 $149,200
2018 $6,674 $308,000 $163,500 $144,500
2017 $6,482 $305,200 $163,500 $141,700
2016 $6,389 $299,800 $163,500 $136,300
2015 $6,389 $299,100 $163,500 $135,600
2014 $6,388 $291,800 $163,500 $128,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2022

    Carole Kubis

    BHHS Fox & Roach

  • T

    Tenant's Agent in 2022

    Tara Macchia

    Weichert Realtors-Rumson

    (908) 902-1836

    3 in this area

    26 Total Sales

    Tara Macchia
    Section Image

  • M

    Buyer's Agent in 2021

    Marilyn Dinunzio

    VRI Homes

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22217332

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00605-0000-00055

New Jersey Monmouth County Middletown 07748 New Monmouth

150 Magnolia Ln, Middletown, NJ

This home is located at 150 Magnolia Ln, Middletown, NJ 07748 since 06 June 2022 and is currently priced at $747,700. This property was built in 1990. 150 Magnolia Ln is a home located in Monmouth County with nearby schools including Middletown Village Elementary School, Thompson Middle School, and Middletown High School North.

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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