NOT LISTED FOR SALE

221 Magnolia Rd Unit 5 Ramsey, NJ 07446

Estimated Value: $482,000 - $523,000

2 Beds
2 Baths
1,300 Sq Ft
$320/mo HOA Fee

Last Sold August 14, 2020

Last sale price $350,000 $269 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,762/month

25 Days on Market

Highlights

  • Clubhouse
  • Cathedral Ceiling
  • Community Pool
  • Ramsey High School Rated A
  • Loft
  • Formal Dining Room

About This Home

As of August 2020

You will be impressed with this gorgeous penthouse style top floor unit! Beautiful living/dining rooms offer desirable open floor plan with vaulted ceilings, beautiful flooring, fireplace and balcony. Contemporary kitchen with Corian countertop and newer stainless-steel appliances. The master bedroom is spacious with walk-in closet and freshly painted bathroom. The second floor leads to the open loft which can be used as an office or guest room. The 2nd bedroom is large, cozy and full of the natural light from the awesome skylights. The 2nd full bath completes the floor. You're getting oversized garage, storage, plenty of parking, outdoor pool, community club room & BBQ areas. Close to train/bus to NYC! Ramsey is famous for their great schools, fun downtown, serene neighborhood near beautiful parks and lakes.

Last Agent to Sell the Property

Inna Corrado

COLDWELL BANKER REALTY RDG Listed on: 06/06/2020

COLDWELL BANKER REALTY RDG

Last Buyer's Agent

STEPHEN BRACONI

CHRISTIE'S INT. REAL ESTATE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,238

Year Built

  • Built in 1987

Lot Details

  • 453

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Oversized Parking
  • Parking Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Storage Room
  • Utility Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • W. Tisdale Elementary School
  • E. Smith Middle School
  • Ramsey High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1148-03701-0000-00005-0001-C0221

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, sewer fees, snow removal, trash collection

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,238

Year Built

Built in 1987

Lot Details

0

HOA Fees

$320 per month

Parking

1

Listing Details

  • Style: Multi Floor Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1987
  • Year Built Description: Approximate
  • County Name: Bergen
  • Street Number Display: 221
  • Directions: FRANKLIN TNPK/HILLTOP/MULBERRY/MAGNOLIA building#5
  • I D: 4986671
  • Modified: 2021-09-23
  • Number Images: 21
  • Section Subdiv Development: TIMBER VALLEY
  • First Name: INNA
  • First Name3: STEPHEN
  • Last Name: KAZATSKY
  • Last Name3: BRACONI
  • Office Phone3: 201-345-1062
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 2
  • Fireplace Description: Living Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Extinguisher, Skylight, Smoke Detector, Walk-In Closet
  • Number Rooms: 4
  • Bedrooms: 2
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Third
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Den Level: Second
  • Kitchen Area: Separate Dining Area
  • Kitchen Level: Second
  • Living Room Level: Second
  • Level 2 Rooms: 1 Bedroom, Bath Main, Dining Room, Kitchen, Laundry Room, Living Room, Utility Room
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Loft
  • Estimated Sq Ft: 1300
  • Ground Level Rooms: GarEnter, Storage Room
  • Phone: 201-445-9400

Exterior Features

  • Exterior Description: Wood
  • Exterior Features: Barbeque

Garage/Parking

  • Garage Description: On Site, Oversize Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: Parking Lot-Shared

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Amenities: Club House, Pool-Outdoor, Storage
  • Association Maintenance Fee: 320
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Sewer Fees, Snow Removal, Trash Collection

Fee Information

  • Other Fee Freqency: One Time

Schools

  • Elementary School: W. TISDALE
  • Middle School: E. SMITH
  • High School: RAMSEY HS
  • High School: RAMSEY HS
  • Middle Jr High School: E. SMITH

Lot Info

  • Lot Size: 453
  • Assessed Improvement Value: 169500
  • Assessed Land Value: 125000
  • Assessment: 294500
  • Lot Identifier: 00005-0001

Rental Info

  • Pets Allowed: CatsOK,DogsOK

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Street Number Tax: *
  • Tax Amount: 7238
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1148-03701-0000-00005-0001-C0221
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.458
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year Tax: *
  • Tax Year: 2019

MLS Schools

  • Grade School: W. TISDALE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 1, 2020
Sold by
Luppino Rocco A and Luppino Nadia
Bought by
Comery Megan A
Seller's Agent
Inna Corrado
COLDWELL BANKER REALTY RDG
Buyer's Agent
STEPHEN BRACONI
CHRISTIE'S INT. REAL ESTATE GROUP
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%
Current Estimated Value
$505,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,584
Avg. Annual Appreciation
7.03%
Original Mortgage
$280,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jun 5, 2015
Sold by
Collins Charles and Collins Nora
Bought by
Luppino Rocco A and Magurno Nadia
Seller's Agent
Colin Somerville
RE/MAX PROPERTIES
Buyer's Agent
DAVID BARTHOLD
CHRISTIE'S INT. REAL ESTATE GROUP
Sold Price
$307,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$276,300
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2011
Sold by
Girnius Renata and Girnius Audrius
Bought by
Campbell Nora and Collins Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2008
Sold by
Cardone Paul
Bought by
Girnius Renata and Girnius Audrius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1998
Sold by
Wankmuller Mary Grace
Bought by
Cardone Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6.92%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Kenwood Martin S
Bought by
Wankmuller Mary Grace
Source: Public Records

Range of Values:

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Average Value
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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
Comery Megan A $350,000 Old Republic Natl Ttl Ins Co
Luppino Rocco A $307,000 Old Republic National Title
Campbell Nora $290,000 --
Girnius Renata $352,000 --
Cardone Paul R $171,500 --
Wankmuller Mary Grace $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comery Megan A $280,000
Previous Owner Luppino Rocco A $276,300
Previous Owner Campbell Nora $275,500
Previous Owner Girnius Renata $281,600
Previous Owner Cardone Paul R $137,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $350,000 -4.1% $269 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $364,900 +18.9% $281 / Sq Ft
06/12/2015 06/12/15 Sold $307,000 -- $239 / Sq Ft
Source: Garden State 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 $8,311 $421,200 $200,000 $221,200
2024 $8,060 $294,500 $125,000 $169,500
2023 $7,725 $294,500 $125,000 $169,500
2022 $7,725 $294,500 $125,000 $169,500
2021 $7,636 $294,500 $125,000 $169,500
2020 $7,569 $294,500 $125,000 $169,500
2019 $7,239 $294,500 $125,000 $169,500
2018 $7,059 $294,500 $125,000 $169,500
2017 $6,927 $294,500 $125,000 $169,500
2016 $6,735 $294,500 $125,000 $169,500
2015 $6,909 $255,800 $100,000 $155,800
2014 $6,791 $255,800 $100,000 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3638226

Garden State MLS

APN: 48-03701-0000-00005-01-C0221