$225,000
SOLD NOV 4, 2024

314 Otter Branch Dr Magnolia, NJ 08049

4 Beds
1 Bath
1,080 Sq Ft
9,920 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • 1 Car Attached Garage
  • 3-minute walk to Billy Tavener Park

About This Home

As of May 2025

Calling all investors and contractors. This 4 bedroom 1 bath home is looking for it's new owner to bring back to life! Property has two beds on the main floor, two on the upper. The finished basement is an added bonus along with a one car detached garage. Property sits on a rare double lot too. Sold in AS IS condition. Buyer responsible for any lender or town certs.

Last Agent to Sell the Property

Nicholas Christopher

RE/MAX Community-Williamstown Listed on: 09/19/2024

Last Buyer's Agent

Mary Helen Ranieri

Weichert Realtors-Haddonfield License #8537279

Weichert Realtors-Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1957

Lot Details

  • 9,920 Sq Ft Lot
  • Lot Dimensions are 62.00 x 160
  • Property is Fully Fenced
  • Property is in below average condition

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 23-00008-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,454

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1957
  • Automatically Close On Close Date: Yes
  • Remarks Public: Calling all investors and contractors. This 4 bedroom 1 bath home is looking for it's new owner to bring back to life! Property has two beds on the main floor, two on the upper. The finished basement is an added bonus along with a one car detached garage. Property sits on a rare double lot too. Sold in AS IS condition. Buyer responsible for any lender or town certs.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 203.70
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 314

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 0.23
  • Lot Dimensions: 62.00 x 160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9920.00
  • Property Condition: Below Average
  • Year Assessed: 2023
  • Zoning: RES

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6454.00
  • Assessor Parcel Number: 23-00008-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/04/2024

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 15, 2025
Sold by
Mary Helen Real Estate Llc
Bought by
Turner Rachel
Seller's Agent
Mary Helen Ranieri
Weichert Realtors-Haddonfield
Buyer's Agent
Candace Solomon
Prestige Realty Group LLC
List Price
$369,000
Sold Price
$375,000
Premium/Discount to List
$6,000
1.63%
Total Days on Market
1
Views
204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.22%
Original Mortgage
$300,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 24, 2024
Sold by
Whittaker Diane C
Bought by
Mary Helen Real Estate Llc
Seller's Agent
Nicholas Christopher
RE/MAX Community-Williamstown
Buyer's Agent
Mary Helen Ranieri
Weichert Realtors-Haddonfield
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
153.14%
Original Mortgage
$249,550
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 17, 2012
Sold by
Jemison John S and Jemison Marion M
Bought by
Whittaker Thomas Albert and Whittaker Diane C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $375,000 None Listed On Document
Deed $375,000 None Listed On Document
Deed $225,000 Velocity Title
Deed $225,000 Velocity Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $249,550 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $375,000 +1.6% $278 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $369,000 0.0% $273 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $369,000 +64.0% $273 / Sq Ft
11/04/2024 11/04/24 Sold $225,000 +2.3% $208 / Sq Ft
11/01/2024 11/01/24 Price Changed $220,000 0.0% $204 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $220,000 -- $204 / 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
2024 $6,455 $137,800 $47,500 $90,300
2023 $6,455 $137,800 $47,500 $90,300
2022 $6,286 $137,800 $47,500 $90,300
2021 $6,226 $137,800 $47,500 $90,300
2020 $6,107 $137,800 $47,500 $90,300
2019 $5,992 $137,800 $47,500 $90,300
2018 $5,870 $137,800 $47,500 $90,300
2017 $5,699 $137,800 $47,500 $90,300
2016 $5,540 $137,800 $47,500 $90,300
2015 $5,348 $137,800 $47,500 $90,300
2014 $5,272 $137,800 $47,500 $90,300
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bright MLS

MLS Number: NJCD2076396

Bright MLS

APN: 23-00008-0000-00016