NOT LISTED FOR SALE

2 Magnolia Ct Ocean View, NJ 08230

Estimated Value: $827,000 - $876,000

4 Beds
2 Baths
3,326 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $627,000 $189 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,804/month

34 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Corner Lot
  • Deck
  • Whirlpool Bathtub
  • Cul-De-Sac

About This Home

As of June 2019

This home is located at 2 Magnolia Ct, Ocean View, NJ 08230 since 22 February 2019 and is currently estimated at $859,619, approximately $258 per square foot. This property was built in 2004. 2 Magnolia Ct is a home located in Cape May County with nearby schools including Upper Township Primary School, Upper Township Elementary School, and Upper Township Middle School.

Last Agent to Sell the Property

MAURA MCCRAY

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY License #1860049 Listed on: 02/22/2019

GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 2004

Lot Details

  • Cul-De-Sac
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,326 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed patio or porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 52 / 549

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,574

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Corner, Cul-de-sac
  • District Township: 11-Upper Township
  • Near: Stagecoach
  • Estimated Year Built: 2004
  • New Construction: No
  • Second Address Number: 2
  • Lot Size2: irr
  • Price per Sq Ft: 188.51
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Court
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Included: Range, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Smoke/Fire Alarm, Walk in Closet, Wall to Wall Carpet, Whirlpool
  • Total Bathrooms: 2.2
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 9
  • Basement: Full, Outside Entrance, Plumbing, Heated
  • Estimated Living Sq Ft: 3326
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Laundry/Utility Room, Library/Study, See Remarks

Exterior Features

  • Construction: Two Story
  • Exterior: Vinyl
  • House Color: white
  • Outside Features: Deck, Enclosed/Covered Patio, Porch, In Ground Pool

Garage/Parking

  • Parking Garage: 3 Car, Attached, Auto Door Opener, Black Top Driveway, See Remarks

Utilities

  • Cooling: Central Air Condition, Multi Zoned
  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: Septic
  • Water: Well

Lot Info

  • Lot Number: 52
  • Lot Size: 1-5 Acres
  • Total Assessment: 514200
  • Zoning: R

Tax Info

  • Taxes: 9574.4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jun 27, 2019
Sold by
Kane Michael T and Kane Susan M
Bought by
Dickinson Joseph and Dickinson Mary
Seller's Agent
MAURA MCCRAY
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$639,900
Sold Price
$627,000
Premium/Discount to List
-$12,900
-2.02%
Current Estimated Value
$859,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,619
Avg. Annual Appreciation
6.19%
Original Mortgage
$595,650
Outstanding Balance
$526,177
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$374,519

Purchase Details

Closed on
Dec 2, 2010
Sold by
Kane Michael Thomas and Grippen Susan M
Bought by
Kane Michael Thomas and Kane Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Grippen Susan M
Bought by
Grippen Susan M and Kane Michael Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.34%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 25, 2005
Sold by
Georgetti Construction Inc
Bought by
Grippen Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Mcallister Robert S
Bought by
Georgetti Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.08%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Dickinson Joseph $627,000 --
Kane Michael Thomas -- The Title Company Of Jersey
Grippen Susan M -- The Title Company Of Jersey
Grippen Susan M $626,500 The Title Company Of Jersey
Georgetti Construction Inc $70,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickinson Joseph C $200,000
Open Dickinson Joseph $595,650
Previous Owner Kane Michael Thomas $366,000
Previous Owner Kane Michael T $110,000
Previous Owner Kane Michael Thomas $417,000
Previous Owner Grippen Susan M $100,000
Previous Owner Grippen Susan M $359,650
Previous Owner Grippen Susan M $499,950
Previous Owner Georgetti Construction Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $627,000 -2.0% $189 / Sq Ft
02/22/2019 02/22/19 For Sale $639,900 -- $192 / Sq Ft
Source: Cape May County Association of 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 $12,944 $564,000 $151,300 $412,700
2023 $12,306 $564,000 $151,300 $412,700
2022 $11,895 $564,000 $151,300 $412,700
2021 $8,256 $564,000 $151,300 $412,700
2020 $10,068 $514,200 $151,300 $362,900
2019 $9,826 $514,200 $151,300 $362,900
2018 $9,574 $514,200 $151,300 $362,900
2017 $9,466 $514,200 $151,300 $362,900
2016 $9,616 $514,200 $151,300 $362,900
2015 $9,364 $514,200 $151,300 $362,900
2014 $7,286 $490,000 $150,800 $339,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 186506

Cape May County Association of REALTORS®

APN: 11-00549-0000-00052-08