NOT LISTED FOR SALE

205 W Madison Ave Magnolia, NJ 08049

Estimated Value: $309,000 - $328,000

3 Beds
1 Bath
1,335 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $155,000 $116 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,288/month

20 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Bathtub with Shower
  • Wood Flooring
  • Eat-In Kitchen
  • Living Room

About This Home

As of May 2020

Comfy home, in the heart of Magnolia. Enter the home through the front door into the bright living room with hardwood floors. Continue through to the dining room in the center of the house. The large kitchen is at the back of the house with tons of cabinets, a pantry, gas cooking, double sink, wood cabinets, dishwasher and plenty of room for a table. The large window in the kitchen lets you look out to the expansive fenced in yard. The deck off the kitchen is perfect to enjoy the spring and summer weather. At the front of the house of the living room are two generously sized bedrooms, both with hardwood floors. The full bathroom is also on the main level. Head upstairs to the cozy master bedroom with double closets at the top of the stairs and an additional closet as well. The basement has tons of storage space and potential for additional living space if desired. The heating system and cooling system were replaced in 2016 . Great home looking for its new owner to enjoy. 3D tour is available, please follow the link. https://my.matterport.com/show/?m=9UdsLpMeHP3&mls=1

Last Agent to Sell the Property

Katherine Brennan

Better Homes and Gardens Real Estate Maturo Listed on: 03/11/2020

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Beata Lagares

HomeSmart First Advantage Realty License #1862650

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,222

Year Built

  • Built in 1959

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 130.00
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,335 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 23-00002 10-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,222

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Stove, Washer, Dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1959
  • Remarks Public: Comfy home, in the heart of Magnolia. Enter the home through the front door into the bright living room with hardwood floors. Continue through to the dining room in the center of the house. The large kitchen is at the back of the house with tons of cabinets, a pantry, gas cooking, double sink, wood cabinets, dishwasher and plenty of room for a table. The large window in the kitchen lets you look out to the expansive fenced in yard. The deck off the kitchen is perfect to enjoy the spring and summer weather. At the front of the house of the living room are two generously sized bedrooms, both with hardwood floors. The full bathroom is also on the main level. Head upstairs to the cozy master bedroom with double closets at the top of the stairs and an additional closet as well. The basement has tons of storage space and potential for additional living space if desired. The heating system and cooling system were replaced in 2016 . Great home looking for its new owner to enjoy. 3D tour is available, please follow the link. https://my.matterport.com/show/?m=9UdsLpMeHP3&mls=1
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator
  • Flooring Type: Hardwood, Vinyl, Carpet
  • Interior Amenities: Kitchen - Eat-In, Pantry, Tub Shower, Wood Floors, Carpet
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1335
  • Living Area Sq Ft: 1335
  • Price Per Sq Ft: 119.10
  • Above Grade Finished Sq Ft: 1335
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 99500.00
  • Land Assessed Value: 43600.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 50.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6500.00
  • Property Condition: Good
  • Year Assessed: 2019
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897592
  • Tax Annual Amount: 6222.00
  • Assessor Parcel Number: 23-00002 10-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1335
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/15/2020

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 12, 2020
Sold by
Brennan Michael P
Bought by
Gahagan Justin and Gahagan Thomas
Seller's Agent
Katherine Brennan
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Beata Lagares
HomeSmart First Advantage Realty
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%
Current Estimated Value
$317,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,283
Avg. Annual Appreciation
14.61%
Original Mortgage
$124,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Oct 23, 2015
Sold by
Sobolewski Danuta
Bought by
Brennan Ii Michael P
Seller's Agent
Kathy Mcdonald
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Jacqueline Kochie
Weichert Realtors-Cherry Hill
List Price
$136,900
Sold Price
$122,000
Premium/Discount to List
-$14,900
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$119,790
Interest Rate
3.83%
Mortgage Type
FHA
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
Gahagan Justin $155,000 Homestead Title Agency
Brennan Ii Michael P $122,000 Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gahagan Justin $124,000
Previous Owner Brennan Ii Michael P $119,790
Previous Owner Sobolewski Danuta $140,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $155,000 -2.5% $116 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $159,000 -5.9% $119 / Sq Ft
03/11/2020 03/11/20 For Sale $169,000 +38.5% $127 / Sq Ft
10/15/2015 10/15/15 Sold $122,000 -0.4% $91 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
06/03/2015 06/03/15 Price Changed $122,500 -5.7% $92 / Sq Ft
04/29/2015 04/29/15 Price Changed $129,900 -5.1% $97 / Sq Ft
03/27/2015 03/27/15 For Sale $136,900 -- $103 / 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 $6,870 $143,100 $43,600 $99,500
2024 $6,703 $143,100 $43,600 $99,500
2023 $6,703 $143,100 $43,600 $99,500
2022 $6,528 $143,100 $43,600 $99,500
2021 $6,465 $143,100 $43,600 $99,500
2020 $6,342 $143,100 $43,600 $99,500
2019 $6,222 $143,100 $43,600 $99,500
2018 $6,096 $143,100 $43,600 $99,500
2017 $5,919 $143,100 $43,600 $99,500
2016 $5,753 $143,100 $43,600 $99,500
2015 $5,554 $143,100 $43,600 $99,500
2014 $5,475 $143,100 $43,600 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD389652

Bright MLS

APN: 23-00002-10-00004