NOT LISTED FOR SALE

311 Magnolia Rd Vineland, NJ 08360

Estimated Value: $329,000 - $447,000

-- Bed
-- Bath
3,052 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $401,500 $132 Per Sq Ft

Current estimated payment $2,739/month

5 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Built-In Features
  • Deck
  • Upgraded Countertops
  • Recessed Lighting

About This Home

As of July 2024

*** Multiple Offers received, Highest & Best due by Tuesday 6/11/24 at 2pm. *** Attention owner-occupants and savvy investors! Don’t miss this incredible opportunity! This charming duplex is perfect for those seeking a comfortable home with the added bonus of rental income to offset your mortgage. The vacant unit is ADA-compliant, and features two full bathrooms and three bedrooms which includes a versatile bonus loft, stunning hardwood floors, a modern kitchen with stone countertops, and fresh paint, making it truly move-in ready. Enjoy ample closet space, custom built-ins, and an unfinished basement with plenty of additional storage. The occupied unit is currently a spacious 1-bedroom but can easily be converted back to a 2-bedroom by reinstalling the dividing wall. This unit also offers 1.5 bathrooms and an unfinished basement. Both units shine with large wooden decks at the rear and separate concrete driveways providing plenty of off-street parking. Mark your calendar and come see this amazing property in person!

Last Agent to Sell the Property

Carlo Drogo

EXP Realty, LLC Listed on: 06/06/2024

EXP Realty, LLC

Last Buyer's Agent

Mark Pastore

Graham/Hearst Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,452

Year Built

  • Built in 1990

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 115.00 x 175.00
  • Sprinkler System

Home Design

  • Duplex
  • Block Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 3,052 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Second Kitchen
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Parking Spaces
  • 8 Driveway Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Ductless Heating Or Cooling System
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Deck

Community Details

  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 14-05801-00018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,452

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-06-08
  • Year Built: 1990
  • Building Winterized: No
  • Remarks Public: *** Multiple Offers received, Highest & Best due by Tuesday 6/11/24 at 2pm. *** Attention owner-occupants and savvy investors! Don’t miss this incredible opportunity! This charming duplex is perfect for those seeking a comfortable home with the added bonus of rental income to offset your mortgage. The vacant unit is ADA-compliant, and features two full bathrooms and three bedrooms which includes a versatile bonus loft, stunning hardwood floors, a modern kitchen with stone countertops, and fresh paint, making it truly move-in ready. Enjoy ample closet space, custom built-ins, and an unfinished basement with plenty of additional storage. The occupied unit is currently a spacious 1-bedroom but can easily be converted back to a 2-bedroom by reinstalling the dividing wall. This unit also offers 1.5 bathrooms and an unfinished basement. Both units shine with large wooden decks at the rear and separate concrete driveways providing plenty of off-street parking. Mark your calendar and come see this amazing property in person!
  • Special Features: None

Interior Features

  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: 2nd Kitchen, Built-Ins, Ceiling Fan(s), Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 13
  • Basement: Yes
  • Basement Type: Full, Unfinished, Interior Access
  • Total Sq Ft: 3052
  • Living Area Sq Ft: 3052
  • Price Per Sq Ft: 124.18
  • Above Grade Finished Sq Ft: 3052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 311

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 115.00 x 175.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20125.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: 02

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 6452.00
  • Assessor Parcel Number: 14-05801-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 3052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/30/2024

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 30, 2024
Sold by
Avena Edward L and Avena Edward L
Bought by
Ramos Erika
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Mark Pastore
Graham/Hearst Real Estate Company
List Price
$379,000
Sold Price
$401,500
Premium/Discount to List
$22,500
5.94%
Views
30
Current Estimated Value
$403,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,844
Avg. Annual Appreciation
0.43%
Original Mortgage
$361,350
Outstanding Balance
$358,908
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$44,436

Purchase Details

Closed on
Mar 4, 2009
Sold by
Avena Edward L
Bought by
Avena Edward L and Avena Irene
Source: Public Records

Range of Values:

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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
Ramos Erika $401,500 None Listed On Document
Avena Edward L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Erika $361,350
Previous Owner Avena Edward L $183,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $401,500 +5.9% $132 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $379,000 -- $124 / 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 $6,495 $204,000 $34,100 $169,900
2024 $6,495 $204,000 $34,100 $169,900
2023 $6,453 $204,000 $34,100 $169,900
2022 $6,261 $204,000 $34,100 $169,900
2021 $5,828 $204,000 $34,100 $169,900
2020 $5,971 $204,000 $34,100 $169,900
2019 $5,889 $204,000 $34,100 $169,900
2018 $5,734 $204,000 $34,100 $169,900
2017 $5,447 $204,000 $34,100 $169,900
2016 $5,255 $204,000 $34,100 $169,900
2015 $5,061 $204,000 $34,100 $169,900
2014 $4,786 $204,000 $34,100 $169,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2018578

Bright MLS

APN: 14-05801-0000-00018