$470,000
SOLD FEB 14, 2025

224 Magnolia Rd Unit 5 Ramsey, NJ 07446

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

Recently Sold

$370 Per Sq Ft

3% Below List Price

66 Days on Market

About This Home

As of February 2025

Welcome to this inviting 2-bedroom, 2-bath condo in Timber Valley, Ramsey! This home features a spacious living area with soaring cathedral ceilings, gleaming wood floors, cozy fireplace and a bright open floor plan. Step out onto the private balcony for a peaceful retreat. The custom kitchen is a standout, offering modern finishes and ample cabinet space. The extra-large primary bedroom includes a walk-in closet for plenty of storage. Upstairs, the loft bedroom has loads of custom storage, skylights, plus a full bath. The unit includes a 1 car garage. Commuting is a breeze with the convenience of being less than 1 mile from Route 17 and the train station. The association's pool and pet-friendly community enhance the appealing lifestyle benefits. Don't miss this fantastic opportunity to live in highly desirable Ramsey!

Last Agent to Sell the Property

Anne Henderson

Prominent Properties Sotheby's International Realty-Towaco Listed on: 12/09/2024

Prominent Properties Sotheby's International Realty-Towaco

Last Buyer's Agent

Brenda Richards

Howard Hanna Rand Realty, Old Tappan

Howard Hanna Rand Realty, Old Tappan

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,372

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,372

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Ownership: Private
  • PropertySubType: Condominium
  • Co List Office Phone: 973-335-5700
  • MLS Status: Sold - Sold
  • Directions: N Franklin Turnpike to Hilltop to Mulberry to Magnolia
  • Year Built Details: 1980's
  • PropertySubTypeAdditional: Att/Row
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Primary Bathroom: No
  • Laundry: In Unit

Exterior Features

  • Waterfront Features: None
  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0

Lot Info

  • Lot: 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Feb 11, 2025
Sold by
Cathers Beth L
Bought by
Pimentel Andre Javier and Pimentel Doreen
Seller's Agent
Anne Henderson
Prominent Properties Sotheby's International Realty-Towaco
Buyer's Agent
Brenda Richards
Howard Hanna Rand Realty, Old Tappan
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
171
Current Estimated Value
$486,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,094
Avg. Annual Appreciation
10.10%
Original Mortgage
$352,500
Outstanding Balance
$351,908
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$134,186

Purchase Details

Closed on
Dec 3, 2008

Purchase Details

Closed on
Feb 1, 2002
Sold by
Colon Nicole
Bought by
Mcconnell James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.13%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Wagoner Patricia D
Bought by
Colon Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.55%
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 $470,000 Stewart Title Guaranty Company
Quit Claim Deed $241,400 --
Deed $241,379 --
Deed $254,000 --
Deed $157,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $175,500 Credit Line Revolving
Previous Owner $170,928 Unknown
Previous Owner $154,000 No Value Available
Previous Owner $141,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $470,000 -3.1% $370 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $485,000 -- --
01/08/2025 01/08/25 Pending -- -- --
12/09/2024 12/09/24 For Sale $485,000 -- $382 / 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 $8,121 $296,700 $125,000 $171,700
2023 $7,782 $296,700 $125,000 $171,700
2022 $7,782 $296,700 $125,000 $171,700
2021 $7,693 $296,700 $125,000 $171,700
2020 $7,625 $296,700 $125,000 $171,700
2019 $7,293 $296,700 $125,000 $171,700
2018 $7,112 $296,700 $125,000 $171,700
2017 $6,978 $296,700 $125,000 $171,700
2016 $6,786 $296,700 $125,000 $171,700
2015 $7,001 $259,200 $100,000 $159,200
2014 $6,882 $259,200 $100,000 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 24038558

New Jersey MLS

APN: 48-03701-0000-00005-01-C0224