NOT LISTED FOR SALE

229 Oak Ave Malaga, NJ 08328

Estimated Value: $317,000 - $389,000

3 Beds
1 Bath
1,008 Sq Ft
$340/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $280,000 $278 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,275/month

5 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Home Office
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Multiple Offers received. Best and final requested by Tuesday (5/24) at 8pm. Interior photos coming soon. Charming 3 bedroom ranch style home nestled on 3/4 of an acre in Franklin Twp. Step through the brand new front door and in to the living room boasting gleaming hardwood floors. The sun filled kitchen features stainless appliances and a great size pantry. Continue down the hall to the freshly remodeled bathroom which has been updated to include wood look tile flooring, a new vanity and tub/shower combination. The 3 bedrooms all have new flooring and two of them have custom closet organizers. The partially finished basement provides for plenty of entertainment space or makes the perfect playroom. Also downstairs is a separate office and a large laundry/ storage area. On the exterior is an excellent sized workshop with separate storage shed. Septic installed in 2021.

Last Agent to Sell the Property

Andrew Ware

(855) 450-0442 njbroker@onereal.com Real Broker, LLC Listed on: 05/20/2022

Real Broker, LLC

Last Buyer's Agent

Karen Kenny

(856) 343-6000 karen.kenny@foxroach.com BHHS Fox & Roach-Mullica Hill South

BHHS Fox & Roach-Mullica Hill South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,567

Year Built

  • Built in 1981

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 150.00 x 0.00
  • Property is zoned RA

Home Design

  • Rambler Architecture
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Home Office

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

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

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • On Site Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 05-04510-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,567

Year Built

Built in 1981

Lot Details

0.77 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Workbench in shop
  • Inclusions: Washer, dryer, refrigerator, range, wood burning stove in as-is condition
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-05-21
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Carpet, Tile/Brick
  • Interior Amenities: Carpet, Pantry
  • Foundation Details: Block
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Office
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 247.02
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Aluminum Siding
  • 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, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Private
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.77
  • Lot Dimensions: 150.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 33541.00
  • Zoning: RA

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5567.00
  • Assessor Parcel Number: 05-04510-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DELSEA REGIONAL HIGH SCHO SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 1, 2022
Sold by
Parks Samuel R and Parks Leah M
Seller's Agent
Andrew Ware
Real Broker, LLC
Buyer's Agent
Karen Kenny
BHHS Fox & Roach-Mullica Hill South
List Price
$249,000
Sold Price
$280,000
Premium/Discount to List
$31,000
12.45%
Current Estimated Value
$342,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,954
Avg. Annual Appreciation
5.75%
Original Mortgage
$237,500
Outstanding Balance
$225,645
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$117,309

Purchase Details

Closed on
Nov 2, 2020
Sold by
Hunter David W and Hunter Dawn Marie
Bought by
Parks Samuel R and Parks Leah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2020
Sold by
Hunter David W and Hunter Dawn Marie
Bought by
Hunter David W and Hunter Dawn Marif

Purchase Details

Closed on
Jun 11, 2003
Sold by
Hunter David W and Hunter Dawn Marie
Bought by
Hunter David W and Hunter Dawn Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
-- $280,000 West Jersey Title
Redacted Upon Request $280,000 West Jersey Title
Parks Samuel R $202,000 None Listed On Document
Hunter David W -- None Available
Hunter David W -- American Home
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redacted Upon Request $237,500
Closed Redacted Upon Request $237,500
Previous Owner Parks Samuel R $191,900
Previous Owner Hunter David W $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $280,000 +12.4% $278 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $249,000 -- $247 / Sq Ft
Source: Bright MLS

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 $6,094 $158,900 $34,300 $124,600
2024 $5,951 $158,900 $34,300 $124,600
2023 $5,951 $158,900 $34,300 $124,600
2022 $5,661 $155,300 $34,300 $121,000
2021 $5,568 $155,300 $34,300 $121,000
2020 $5,496 $155,300 $34,300 $121,000
2019 $5,423 $155,300 $34,300 $121,000
2018 $5,344 $155,300 $34,300 $121,000
2017 $5,246 $155,300 $34,300 $121,000
2016 $5,226 $155,300 $34,300 $121,000
2015 $5,013 $155,300 $34,300 $121,000
2014 $4,819 $155,300 $34,300 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2015342

Bright MLS

APN: 05-04510-0000-00001

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