NOT LISTED FOR SALE

306 N Warwick Rd Magnolia, NJ 08049

Estimated Value: $306,000 - $352,000

4 Beds
2 Baths
1,459 Sq Ft
$226/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $223,000 $153 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,333/month

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Central Heating and Cooling System
  • No HOA

About This Home

As of November 2021

4 bedrooms, 2 full bathrooms in Magnolia. Kitchen boasts a breakfast bar, tile backsplash, plenty of cabinets, and a separate pantry. Vaulted ceilings and exposed wood beams accentuate the large open spaced living room. Electric service upgraded to 200 amp in 2018 along with new hot water heater, gas furnace, and condenser. New roof (2021), fenced yard, and a 2 car detached garage. Willing to give $5,000.00 sellers assist.

Last Agent to Sell the Property

Abigail Negron

(856) 831-5360 abigailnegronrealtor@gmail.com Tesla Realty Group LLC License #RS-325993 Listed on: 07/02/2021

Tesla Realty Group LLC

Last Buyer's Agent

Yuki Potter

(856) 433-7315 yukirealtor@aol.com Real Broker, LLC License #1120061

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,444

Year Built

  • Built in 1946

Lot Details

  • Lot Dimensions are 100.00 x 130.00

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 1,459 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Magnolia Elementary And Middle School
  • Sterling High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 23-00002 04-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,444

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-02
  • Federal Flood Zone: No
  • Year Built: 1946
  • Automatically Close On Close Date: No
  • Remarks Public: 4 bedrooms, 2 full bathrooms in Magnolia. Kitchen boasts a breakfast bar, tile backsplash, plenty of cabinets, and a separate pantry. Vaulted ceilings and exposed wood beams accentuate the large open spaced living room. Electric service upgraded to 200 amp in 2018 along with new hot water heater, gas furnace, and condenser. New roof (2021), fenced yard, and a 2 car detached garage. Willing to give $5,000.00 sellers assist.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1459
  • Living Area Sq Ft: 1459
  • Price Per Sq Ft: 146.68
  • Above Grade Finished Sq Ft: 1459
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • Elementary School: MAGNOLIA
  • Middle School: MAGNOLIA
  • High School: STERLING
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396856
  • School District Source: 3rd Party
  • Elementary School: MAGNOLIA
  • High School: STERLING
  • Middle Or Junior School: MAGNOLIA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 103800.00
  • Land Assessed Value: 41600.00
  • Lot Dimensions: 100.00 x 130.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: Residential

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897480
  • Tax Annual Amount: 6444.00
  • Assessor Parcel Number: 23-00002 04-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1459
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/05/2021

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Nov 5, 2021
Sold by
306 N Warwick Road Llc
Bought by
Wharton Laina
Seller's Agent
Abigail Negron
Tesla Realty Group LLC
Buyer's Agent
Yuki Potter
Real Broker, LLC
List Price
$219,000
Sold Price
$223,000
Premium/Discount to List
$4,000
1.83%
Current Estimated Value
$330,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,110
Avg. Annual Appreciation
10.47%
Original Mortgage
$218,960
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 5, 2017
Closed on
Nov 9, 2017
Sold by
Mendenhall Evan R
Bought by
306 N Warwick Rd Llc
Seller's Agent
Lisa Wolschina
Lisa Wolschina & Associates, Inc.
Buyer's Agent
Bob Kalatschinow
Tesla Realty Group LLC
List Price
$129,000
Sold Price
$73,000
Premium/Discount to List
-$56,000
-43.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.39%
Original Mortgage
$889,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2011
Sold by
Elbaum Adam E
Bought by
Mendenhall Evan R

Purchase Details

Closed on
Jul 28, 2010
Sold by
Cheeseman Barbara
Bought by
Mendenhall Evan R and Elbaum Adam W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2008
Sold by
Cheeseman Barbara and Estate Of Norman A Cheeseman
Bought by
Cheeseman Barbara
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
Wharton Laina $223,000 Core Title
306 N Warwick Rd Llc $73,000 Dream Home Abstract Llc
Mendenhall Evan R $23,400 --
Mendenhall Evan R $170,000 --
Cheeseman Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wharton Laina $218,960
Previous Owner 306 N Warwick Rd Llc $889,000
Previous Owner Mendenhall Evan R $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $223,000 +4.2% $153 / Sq Ft
09/13/2021 09/13/21 Price Changed $214,000 -2.3% $147 / Sq Ft
09/01/2021 09/01/21 For Sale $219,000 -1.8% $150 / Sq Ft
07/02/2021 07/02/21 Off Market $223,000 -- --
07/02/2021 07/02/21 For Sale $219,000 0.0% $150 / Sq Ft
08/07/2018 08/07/18 Off Market $1,650 -- --
07/23/2018 07/23/18 Rented $1,650 0.0% --
06/29/2018 06/29/18 For Rent $1,650 0.0% --
11/14/2017 11/14/17 Sold $73,000 -2.7% $50 / Sq Ft View Prior Sale
09/26/2017 09/26/17 Pending -- -- --
09/18/2017 09/18/17 Price Changed $75,000 -24.2% $51 / Sq Ft
08/16/2017 08/16/17 Price Changed $99,000 -23.3% $68 / Sq Ft
06/05/2017 06/05/17 For Sale $129,000 -- $88 / 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 $6,981 $145,400 $41,600 $103,800
2024 $6,811 $145,400 $41,600 $103,800
2023 $6,811 $145,400 $41,600 $103,800
2022 $6,633 $145,400 $41,600 $103,800
2021 $6,569 $145,400 $41,600 $103,800
2020 $6,444 $145,400 $41,600 $103,800
2019 $6,322 $145,400 $41,600 $103,800
2018 $6,194 $145,400 $41,600 $103,800
2017 $6,014 $145,400 $41,600 $103,800
2016 $5,845 $145,400 $41,600 $103,800
2015 $5,643 $145,400 $41,600 $103,800
2014 $5,563 $145,400 $41,600 $103,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD422328

Bright MLS

APN: 23-00002-04-00003