NOT LISTED FOR SALE

240 Lafayette Ave Magnolia, NJ 08049

Estimated Value: $368,098

3 Beds
2 Baths
1,080 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $171,400 $159 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,442/month

48 Days on Market

Highlights

  • Cape Cod Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • No HOA
  • Living Room

About This Home

As of July 2015

Welcome Home! Nothing to do here but move in. This three bedroom two full bath home features hardwood floors throughout. The kitchen features granite counters, ceramic flooring, and newer stainless appliances. The home sits on a large corner lot with a fenced in back yard. Don't miss your opportunity to see this lovely home.

Last Agent to Sell the Property

Michelle Crosbie

(856) 685-5626 mcrosbie@cbpref.com Coldwell Banker Realty Listed on: 05/18/2015

Coldwell Banker Realty

Last Buyer's Agent

COLITHEA FAUCETT

(917) 379-9209 nicky.faucett@foxroach.com BHHS Fox & Roach-Mt Laurel License #455524

BHHS Fox & Roach-Mt Laurel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100x78
  • Corner Lot
  • Property is in good condition

Home Design

  • Cape Cod Architecture
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Replacement Windows
  • Living Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00011
  • Assessor Parcel Number 23-00003 13-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,123

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Washer, Dryer, Fridge
  • New Construction: No
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Replacement
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 1.5
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Net Sq Ft: 1080.00
  • Price Per Sq Ft: 156.48
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Pitched
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 87400.00
  • Land Assessed Value: 46500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.11
  • Lot Dimensions: 100X78
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897956
  • Tax Annual Amount: 5123.00
  • Assessor Parcel Number: 23-00003 13-00011
  • Tax Lot: 00011
  • Tax Year: 2014

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Jul 31, 2015
Sold by
Payton Christina
Bought by
Persinger Ronald
Seller's Agent
Michelle Crosbie
Coldwell Banker Realty
Buyer's Agent
COLITHEA FAUCETT
BHHS Fox & Roach-Mt Laurel
List Price
$169,000
Sold Price
$171,400
Premium/Discount to List
$2,400
1.42%
Current Estimated Value
$368,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,698
Avg. Annual Appreciation
7.66%
Original Mortgage
$171,400
Outstanding Balance
$135,080
Interest Rate
4.09%
Mortgage Type
VA
Estimated Equity
$233,019

Purchase Details

Listed on
Oct 11, 2012
Closed on
Dec 14, 2012
Sold by
Bowen Harry C
Bought by
Payton Christina and Abdul Karim Muhammond
Seller's Agent
CYNTHIA BOWEN
KingsGate Realty LLC
Buyer's Agent
Eric Strohm
Garden State Properties Group - Merchantville
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$5,887
Interest Rate
3.39%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 25, 2012
Sold by
Stephan Donna E
Bought by
Bowen Harry C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Persinger Ronald $171,400 Attorney
Payton Christina $149,900 None Available
Bowen Harry C $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persinger Ronald $171,400
Previous Owner Payton Christina $5,887
Previous Owner Payton Christina $147,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $171,400 +1.4% $159 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $169,000 +12.7% $156 / Sq Ft
12/14/2012 12/14/12 Sold $149,900 0.0% $130 / Sq Ft View Prior Sale
10/31/2012 10/31/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $149,900 -- $130 / 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 -- $133,900 $46,500 $87,400
2024 -- $133,900 $46,500 $87,400
2023 $6,050 $133,900 $46,500 $87,400
2022 $0 $133,900 $46,500 $87,400
2021 $6,050 $133,900 $46,500 $87,400
2020 $5,934 $133,900 $46,500 $87,400
2019 $5,822 $133,900 $46,500 $87,400
2018 $5,704 $133,900 $46,500 $87,400
2017 $5,538 $133,900 $46,500 $87,400
2016 $5,383 $133,900 $46,500 $87,400
2015 $5,197 $133,900 $46,500 $87,400
2014 $5,123 $133,900 $46,500 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002605680

Bright MLS

APN: 23-00003-13-00011