$255,000
SOLD JAN 27, 2025

206 Cumberland Ave Magnolia, NJ 08049

3 Beds
1.5 Baths
960 Sq Ft
8,773 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

4% Below List Price

97 Days on Market

Highlights

  • Rambler Architecture
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of January 2025

Huge Price Improvement!! Welcome to this adorable little rancher nestled on a serene street in Magnolia. This charming home features three cozy bedrooms and one and a half bathrooms, perfect for comfortable living. The spacious backyard offers endless possibilities for outdoor enjoyment, while the full basement provides a blank canvas for your creative ideas. Whether you're looking for a peaceful retreat or a place to grow, this delightful home is sure to capture your heart.

Last Agent to Sell the Property

Bayram Kose

RE/MAX Of Cherry Hill Listed on: 10/22/2024

RE/MAX Of Cherry Hill

Last Buyer's Agent

Ayla Maldonado

Redfin

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1956

Lot Details

  • 8,773 Sq Ft Lot
  • Lot Dimensions are 65.00 x 135.00

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 960 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00023
  • Assessor Parcel Number 23-00003 04-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,615

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1956
  • Automatically Close On Close Date: No
  • Remarks Public: Huge Price Improvement!! Welcome to this adorable little rancher nestled on a serene street in Magnolia. This charming home features three cozy bedrooms and one and a half bathrooms, perfect for comfortable living. The spacious backyard offers endless possibilities for outdoor enjoyment, while the full basement provides a blank canvas for your creative ideas. Whether you're looking for a peaceful retreat or a place to grow, this delightful home is sure to capture your heart.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 960
  • Living Area Sq Ft: 960
  • Price Per Sq Ft: 276.04
  • Above Grade Finished Sq Ft: 960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 206

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Lot Size Acres: 0.20
  • Lot Dimensions: 65.00 x 135.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8773.00
  • Year Assessed: 2024
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6615.00
  • Assessor Parcel Number: 23-00003 04-00023
  • Tax Lot: 00023
  • Tax Total Finished Sq Ft: 960
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 01/27/2025

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2024
Closed on
Feb 27, 2025
Sold by
Ula Mehmet
Bought by
Hernandez Zaida and Dellatore James
Seller's Agent
Bayram Kose
RE/MAX Of Cherry Hill
Buyer's Agent
Ayla Maldonado
Redfin
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
257
Current Estimated Value
$270,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,364
Avg. Annual Appreciation
10.74%
Original Mortgage
$246,489
Outstanding Balance
$245,457
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$25,086

Purchase Details

Closed on
Jan 4, 2024
Sold by
Goemez Senol
Bought by
Ula Mehmet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2021
Sold by
Ula Cavit and Ula Hava
Bought by
Gocmez Senol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,591
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2019
Sold by
Pellegrino Antonetta Helen and Estate Of Alfonso Penna
Bought by
Gomez Senol and Ula Cavit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,389
Interest Rate
5.37%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $255,000 Title Forward
Bargain Sale Deed $260,000 American Title
Deed -- American Title Abstract Corp
Deed $116,500 Federation Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,489 FHA
Previous Owner $208,000 New Conventional
Previous Owner $294,566 FHA
Previous Owner $124,591 New Conventional
Previous Owner $114,389 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 Sold $255,000 -3.8% $266 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/13/2025 01/13/25 Price Changed $265,000 0.0% $276 / Sq Ft
01/13/2025 01/13/25 For Sale $265,000 -5.3% $276 / Sq Ft
01/10/2025 01/10/25 Off Market $279,900 -- --
12/06/2024 12/06/24 For Sale $279,900 0.0% $292 / Sq Ft
11/29/2024 11/29/24 Off Market $279,900 -- --
11/28/2024 11/28/24 Price Changed $279,900 -3.4% $292 / Sq Ft
11/14/2024 11/14/24 Price Changed $289,900 0.0% $302 / Sq Ft
11/14/2024 11/14/24 For Sale $289,900 -3.3% $302 / Sq Ft
11/13/2024 11/13/24 Off Market $299,900 -- --
10/22/2024 10/22/24 For Sale $299,900 -- $312 / 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 $6,616 $137,800 $46,600 $91,200
2024 $6,455 $137,800 $46,600 $91,200
2023 $6,455 $137,800 $46,600 $91,200
2022 $6,286 $137,800 $46,600 $91,200
2021 $6,226 $137,800 $46,600 $91,200
2020 $6,107 $137,800 $46,600 $91,200
2019 $5,992 $137,800 $46,600 $91,200
2018 $5,870 $137,800 $46,600 $91,200
2017 $5,699 $137,800 $46,600 $91,200
2016 $5,540 $137,800 $46,600 $91,200
2015 $5,098 $137,800 $46,600 $91,200
2014 $5,022 $137,800 $46,600 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2078430

Bright MLS

APN: 23-00003-04-00023