NOT LISTED FOR SALE

27 Magnolia Dr Spring Lake, NJ 07762

Estimated Value: $784,000 - $839,000

2 Beds
2.5 Baths
1,619 Sq Ft
$503/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $665,000 $411 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,347/month

35 Days on Market

Highlights

  • In Ground Pool
  • Attic
  • 1 Car Direct Access Garage
  • Wood Burning Stove
  • Den
  • Thermal Windows

About This Home

As of October 2023

Come join the lifestyle that hundreds of people have come to know and love. The only unit currently on the market at Fairway Mews. This unit is on a quiet street and out of reach from any stray golf balls. Enjoy the community, the proximity to friends and family, short or long walks, Golf, the pool at Fairway Mews the Club House, the beautiful beaches, and all of the events that Fairway Mews is famous for.

Last Agent to Sell the Property

Joan Raymond

O'Brien Realty, LLC License #1326651 Listed on: 08/24/2023

Last Buyer's Agent

Kristen Lewis

Coldwell Banker Realty License #0893562

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1978

Lot Details

  • 1,742

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,619 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Fireplace
  • Wood Burning Stove
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

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

Additional Features

  • Exterior Lighting
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 48-00042-04-00132

Community Details

Overview

  • Fairway Mews Subdivision, Seaview C Floorplan

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,905

Year Built

Built in 1978

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Model: Seaview C
  • ResoPoolFeatures: In Ground
  • Inclusions: Outdoor Lighting, AC Units, Washer, Wood Stove, Window Treatments, Blinds/Shades, Counter Top Range, Dishwasher, Dryer, Electric Cooking, Light Fixtures, Microwave, Stove, Refrigerator, Garage Door Opener
  • Subdivision Name: Fairway Mews
  • Architectural Style: Townhouse, 2 Story
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Sliding Door
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: Yes
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Swimming: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Spring Lake Heights
  • Interior Attic - Pull Down Stairs: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Dining Room Floor - LinoleumVinyl3: Yes
  • WaterSewer Public Water: Yes
  • Interior Attic: Yes
  • Included BlindsShades: Yes
  • Included Electric Cooking: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Style Townhouse: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Living Room Floor - Laminate3: Yes
  • Kitchen Floor - Laminate2: Yes
  • Water Heater Tank: Yes
  • Exterior Tennis Court(s): Yes
  • Included Counter Top Range: Yes
  • Included Wood Stove: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 9
  • Stories: 2
  • Basement:None2: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath Floor - WW Carpet2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Swimming, Thermal Window, Tennis Court(s)
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Open, Direct Access
  • General Property Info:Garage: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, See Remarks, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association Fee: 425.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 48-00042-04-00132

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6905.0

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Oct 5, 2023
Sold by
Hudson Diane
Bought by
Russomano Bernard J and Russomano Laura
Seller's Agent
Joan Raymond
O'Brien Realty, LLC
Buyer's Agent
Kristen Lewis
Coldwell Banker Realty
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Views
123
Current Estimated Value
$787,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,947
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Nov 21, 2011
Closed on
May 4, 2012
Sold by
Nemeth Janeanne
Bought by
Hudson Diane
Seller's Agent
Mary Ann Crowley
Choice Realty Co.
Buyer's Agent
Susan Careatti
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Sold Price
$342,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Jun 29, 1999
Sold by
Takakjian Jack
Bought by
Sullivan Michael and Sullivan Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
7.53%
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
Russomano Bernard J $665,000 Evident Title Agency
Hudson Diane $342,900 None Available
Sullivan Michael $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Michael $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $665,000 -4.3% $411 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $695,000 0.0% $429 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $695,000 -6.7% $429 / Sq Ft
07/28/2023 07/28/23 For Sale $745,000 +117.3% $460 / Sq Ft
05/04/2012 05/04/12 Sold $342,900 -- $212 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $6,840 $667,300 $451,600 $215,700
2023 $6,840 $610,700 $425,000 $185,700
2022 $5,825 $550,600 $360,000 $190,600
2021 $5,825 $493,300 $320,000 $173,300
2020 $6,482 $477,300 $320,000 $157,300
2019 $6,487 $472,800 $320,000 $152,800
2018 $6,222 $441,300 $300,000 $141,300
2017 $5,977 $439,500 $300,000 $139,500
2016 $6,111 $443,800 $300,000 $143,800
2015 $5,312 $405,100 $265,000 $140,100
2014 $5,391 $420,000 $290,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22320537

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-04-00132