NOT LISTED FOR SALE

311 Lafayette Ave Magnolia, NJ 08049

Estimated Value: $364,000 - $406,039

3 Beds
2.5 Baths
1,574 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $206,500 $131 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,862/month

Highlights

  • Colonial Architecture
  • No HOA
  • Butlers Pantry
  • Deck
  • 2 Car Direct Access Garage
  • Eat-In Kitchen

About This Home

As of November 2018

Price lowered on this move-in ready modern home with a brand new partially finished full basement, perfect for an entertainment room (or two)! This beautiful and spacious home is only 13 years old and offers a fantastic open floor layout and cathedral ceiling as soon as you enter. The kitchen has 42 inch expresso-colored cabinets and a functional island making it perfect for entertaining. All three bedrooms are located on the second floor and the master bedroom has a large walk-in closet as well as its own master bathroom with his and her sinks. The exterior of the home was recently power washed and looks great from the street. At the front there is a porch to relax and the one car garage is great for storage as well as protecting your vehicle from the elements. The backyard has a nice sized deck, connecting to the kitchen via a sliding glass door, which is great for barbecues and get-togethers in the nice weather. In the backyard as well there is also an area for a garden and flowers where the soil is very rich. This home is located in a great spot, less than 10 minutes away from most major highways (42, 76, 295, NJ Turnpike) with a Walmart, LA Fitness, and movie theater within a two minute drive. Magnolia continues to be a wonderful place to live and is only getting better with the construction of newer homes as well as the flipping of older houses into nicer ones. Property values are looking to continually rise and the only reason seller is moving is for work out of state.

Last Agent to Sell the Property

K'leen Cucugliello

BHHS Fox & Roach-Mullica Hill South Listed on: 09/12/2018

BHHS Fox & Roach-Mullica Hill South

Last Buyer's Agent

Brian Clark

HomeSmart First Advantage Realty

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,590

Year Built

  • Built in 2005

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is in good condition

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 23-00003 09-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,590

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2005
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal
  • Interior Amenities: Primary Bath(s), Kitchen - Island, Butlers Pantry, Kitchen - Eat-In
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1574
  • Living Area Sq Ft: 1574
  • Net Sq Ft: 1574.00
  • Price Per Sq Ft: 136.28
  • Above Grade Finished Sq Ft: 1574
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 311

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • 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: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990

Lot Info

  • Lot Size Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8590.00
  • Assessor Parcel Number: 23-00003 09-00006
  • Tax Lot: 00006
  • Tax Year: 2017
  • Close Date: 11/19/2018

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 19, 2018
Sold by
Connors Christopher J
Bought by
Clark Nicole
Seller's Agent
K'leen Cucugliello
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Brian Clark
HomeSmart First Advantage Realty
List Price
$224,900
Sold Price
$206,500
Premium/Discount to List
-$18,400
-8.18%
Current Estimated Value
$385,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,510
Avg. Annual Appreciation
9.71%
Original Mortgage
$165,200
Outstanding Balance
$145,828
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$242,671

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jun 26, 2015
Sold by
Hagan Michael F and Hagan Shannon T
Bought by
Connors Christopher J
Seller's Agent
George Kelly
Keller Williams - Main Street
Buyer's Agent
K'leen Cucugliello
BHHS Fox & Roach-Mullica Hill South
List Price
$197,500
Sold Price
$185,000
Premium/Discount to List
-$12,500
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$185,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2013
Sold by
Hagan Michael and Hagan Maureen
Bought by
Hagan Michael F and Hagan Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2008
Sold by
Papa Thomas R
Bought by
Hagan Michael and Hagan Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Capitol Bldrs Inc
Bought by
Papa Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Clark Nicole $206,500 National Title Agency
Connors Christopher J $185,000 Core Title
Hagan Michael F -- Victorian Title Agency Inc
Hagan Michael $237,500 --
Papa Thomas R $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Nicole $165,200
Previous Owner Connors Christopher J $185,000
Previous Owner Hagan Michael F $202,000
Previous Owner Hagan Michael $213,750
Previous Owner Papa Thomas R $197,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $206,500 -3.7% $131 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/05/2018 10/05/18 Price Changed $214,499 -2.5% $136 / Sq Ft
09/25/2018 09/25/18 Price Changed $219,900 +83.4% $140 / Sq Ft
09/25/2018 09/25/18 Price Changed $119,900 -46.7% $76 / Sq Ft
09/12/2018 09/12/18 For Sale $224,900 +21.6% $143 / Sq Ft
06/26/2015 06/26/15 Sold $185,000 -6.3% $118 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $197,500 -- $125 / 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 $9,722 $202,500 $44,900 $157,600
2024 $9,485 $202,500 $44,900 $157,600
2023 $9,485 $202,500 $44,900 $157,600
2022 $9,238 $202,500 $44,900 $157,600
2021 $9,149 $202,500 $44,900 $157,600
2020 $8,975 $202,500 $44,900 $157,600
2019 $8,805 $202,500 $44,900 $157,600
2018 $8,627 $202,500 $44,900 $157,600
2017 $8,590 $207,700 $44,900 $162,800
2016 $8,350 $207,700 $44,900 $162,800
2015 $8,061 $207,700 $44,900 $162,800
2014 $7,947 $205,400 $44,900 $160,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003711796

Bright MLS

APN: 23-00003-09-00006