NOT LISTED FOR SALE

218 Magnolia Rd Unit 4 Ramsey, NJ 07446

Estimated Value: $467,000 - $501,000

2 Beds
2 Baths
1,269 Sq Ft
436 Sq Ft Lot

Last Sold December 14, 2020

Last sale price $355,000 $280 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,404/month

34 Days on Market

Highlights

  • Outdoor Pool
  • Property is near a park
  • Fireplace
  • Ramsey High School Rated A
  • Skylights
  • Storage

About This Home

As of December 2020

The front door opens into an inviting open floor plan with cathedral ceiling and sunset views. Living room has floor to ceiling windows with sliding doors to the balcony. Large bedroom has a walk-in closet. The second level loft can be used as a bedroom and has a separate space for an office. There is also a full bath on this floor. Bathrooms have been updated. The home comes with oversized garage and storage unit. Enjoy the outdoor pool, picnic area and the charming town of Ramsey.

Last Listed By

Kristine Tedesco Grieco

Terrie O'Connor Realtors-Main St. Listed on: 09/23/2020

Terrie O'Connor Realtors-Main St.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,393

Year Built

  • 1987

Lot Details

  • 436

Home Design

  • Built in the 1980s
  • Condominium

Interior Spaces

  • Skylights
  • Fireplace
  • Storage

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Outdoor Pool

Location

  • Property is near a park
  • Property is near public transit
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 024803701 0000500010218

Community Details

Overview

  • $320 Maintenance Fee
  • Association Phone (201) 560-0900
  • Property managed by Wilken Management

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,393

Year Built

1987

Lot Details

0

Listing Details

  • Property Short: CCT
  • Sub-Style: Condo
  • Lifestyle: Close/Parks, Close/Shopg, Close/Trans
  • Views/Exposure: None
  • Year Built: 1980's
  • Miscellaneous: Pool, Skylights, WW/Carpet As In
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances Included: Dishwasher, Microwave, Ov/Rg/Gas, Refrigerator, Washer/Dryer
  • Fireplace: 1 Fireplace
  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Primary Bathroom: N
  • Full Bathrooms: 2
  • Basement: Bin/Storage
  • Laundry: In Unit
  • Items Not Included: Window blinds on sky lights
  • Items Included: appliances,washer/dry,ceiling fans,blinds

Exterior Features

  • Waterfront: None

Garage/Parking

  • Garage: 1 Car Garage

Utilities

  • Heating: Gas, Hot Air
  • Sewer: Municipal
  • Water Source: Municipal
  • Cooling: Central Air

Condo/Co-op/Association

  • Condo Number: 0218

Association/Amenities

  • Maintenance Charges: 320.00
  • Mgmt Company: Wilken Management
  • Management Phone: (201) 560-0900

Schools

  • Elementary School: Wesley Tisdale E.S.
  • Middle School: Eric Smith M.S.
  • High School: Ramsey H.S.

Lot Info

  • County Name: BERGEN
  • Locale: 600
  • Lot: 00005
  • Lot Suffux: 0001
  • Assessments: $109/month until 8/2027

Rental Info

  • Pets: Cats Allowed, Dogs Allowed

Tax Info

  • Tax: 7393
  • Assessor Parcel Number: 024803701 0000500010218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Dec 4, 2020
Sold by
Rapuano Timothy
Bought by
Cogliano Michael and Cogliano Regina G
Seller's Agent
Kristine Tedesco Grieco
Terrie O'Connor Realtors-Main St.
Buyer's Agent
Sean Farley
Terrie O'Connor Realtors-Main St.
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Total Days on Market
34
Current Estimated Value
$487,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,925
Avg. Annual Appreciation
7.51%
Original Mortgage
$160,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2011
Sold by
Gostissa Michael
Bought by
Rapuano Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
4.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2007
Sold by
Chittamuru Srinivasa K
Bought by
Gostissa Michael

Purchase Details

Closed on
Feb 13, 2004
Sold by
Holewinski Robert
Bought by
Chittamuru Srinivasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,160
Interest Rate
5.65%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Jordanger David J
Bought by
Holewinski Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
7.65%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Wallin Ira M
Bought by
Jordanger David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.76%

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
Cogliano Michael $355,000 Northern Nj Ttl Svcs Llc
Rapuano Timothy $323,000 --
Gostissa Michael $346,168 --
Chittamuru Srinivasa $312,000 --
Holewinski Robert $194,000 First American Title Ins Co
Jordanger David J $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogliano Michael $160,000
Previous Owner Rapuano Timothy $258,400
Previous Owner Chittamuru Srinivasa $290,160
Previous Owner Holewinski Robert $174,600
Previous Owner Jordanger David J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $355,000 -1.4% $280 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/08/2020 10/08/20 Price Changed $359,900 -1.4% $284 / Sq Ft
09/23/2020 09/23/20 For Sale $365,000 -- $288 / Sq Ft
Source: New Jersey 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
2024 $8,233 $300,800 $125,000 $175,800
2023 $7,890 $300,800 $125,000 $175,800
2022 $7,890 $300,800 $125,000 $175,800
2021 $7,800 $300,800 $125,000 $175,800
2020 $7,731 $300,800 $125,000 $175,800
2019 $7,394 $300,800 $125,000 $175,800
2018 $7,210 $300,800 $125,000 $175,800
2017 $7,075 $300,800 $125,000 $175,800
2016 $6,879 $300,800 $125,000 $175,800
2015 $7,139 $264,300 $100,000 $164,300
2014 $7,017 $264,300 $100,000 $164,300
Source: Public Records

Agents Affiliated with this Home

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Source: New Jersey MLS

MLS Number: 20039920

New Jersey MLS

APN: 48-03701-0000-00005-01-C0218