NOT LISTED FOR SALE

326 W Madison Ave Magnolia, NJ 08049

Estimated Value: $274,000 - $301,542

3 Beds
1 Bath
1,070 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $227,000 $212 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,083/month

5 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Attic
  • Rambler Architecture
  • Garden View
  • Mud Room

About This Home

As of July 2023

****Offer Accepted**** ****Contracts are Out**** Your Dream Home in Magnolia Borough!
Welcome to this exceptional raised-ranch in Magnolia Borough, conveniently located near Albertson Park and the Magnolia Community Center. This home offers limitless possibilities for customization, allowing you to create your perfect sanctuary. The spacious kitchen provides ample room for culinary creations and cherished family gatherings. Imagine enjoying meals in the cozy eating area or stepping out onto the enchanting side deck that seamlessly wraps around to a charming front porch—ideal for savoring morning coffees or admiring picturesque sunsets. Benefit from an unexpected advantage! During construction, the crawl space was unintentionally excavated to provide extra depth, resulting in a state-of-the-art waterproofing system. Featuring a perimeter drain, two sump pumps, and insulated walls. Dry, dry dry!
Convenience meets practicality with two spacious sheds at the rear of the property, equipped with electric hookups. Whether you need storage for tools, a workshop, or a tranquil retreat, these sheds provide endless possibilities. Discover the ease of storage with pull-down stairs leading to the insulated attic, offering a secure and accessible space for your belongings. Beyond the boundaries of your new home lies an awe-inspiring neighborhood, characterized by its natural beauty and unparalleled convenience. Enjoy the tranquility of a retreat while remaining close to essential amenities and services. Don't miss out on this extraordinary opportunity to shape your dream home in a highly sought-after location. Embark on a journey of transformation as this remarkable property eagerly awaits its new owner. Please note that this is an estate sale, sold as-is, and the buyer is responsible for due diligence, municipal requirements, lender repair requests, and certifications. The sellers, who are extended family, have not occupied the property.*** Multiple offers have been received. The seller is kindly asking for your highest and best offer. Final offers need to be in by Tuesday 8pm.***

Last Agent to Sell the Property

Edward Fritz

Keller Williams Realty - Moorestown License #RS370846 Listed on: 06/16/2023

Keller Williams Realty - Moorestown

Last Buyer's Agent

Tara Maloney

Keller Williams Realty - Marlton

Keller Williams Realty - Marlton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,218

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot
  • Infill Lot
  • Northeast Facing Home
  • Year Round Access
  • Vinyl Fence
  • Chain Link Fence
  • Landscaped
  • Back and Front Yard
  • Property is in good condition

Property Views

  • Garden
  • Limited

Home Design

  • Rambler Architecture
  • Blown-In Insulation
  • Asphalt Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,070 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 2 Driveway Spaces
  • 1 Attached Carport Space

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Wrap Around Porch

Utilities

  • 90% Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Braeburn

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 23-00002 15-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,218

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-16
  • Federal Flood Zone: No
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stove, Refrigerator, Water Heater, Washer, Oven/Range - Gas, Dishwasher, Dryer
  • Flooring Type: Carpet, Laminated
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Mud Room, Attic, Full Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1070
  • Living Area Sq Ft: 1070
  • Price Per Sq Ft: 186.92
  • Above Grade Finished Sq Ft: 1070
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 326

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Shed Shop
  • Construction Materials: Blown-In Insulation, Combination, Mixed Plumbing, Modular/Manufactured, Vinyl Siding
  • Exterior Features: Outbuilding(s), Sidewalks, Street Lights
  • Road Surface Type: Access - On Grade, Paved
  • Roof: Asphalt
  • View: Garden/Lawn, Limited, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Carport, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public
  • Internet Services: Broadband, Cable, Fiber Optic, Satellite

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

  • Horses: No
  • Additional Parcels: No
  • Fencing: Chain Link, Vinyl
  • Lot Features: Front Yard, Landscaping, Rear Yard, Year Round Access
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10018.80
  • Outdoor Living Structures: Deck(s), Porch(es), Wrap Around
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6218.00
  • Assessor Parcel Number: 23-00002 15-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1070
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/28/2023

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 24, 2023
Sold by
Rizzo Grantor Trust
Bought by
Coban Yesim and Coban Hikmet
Seller's Agent
Edward Fritz
Keller Williams Realty - Moorestown
Buyer's Agent
Tara Maloney
Keller Williams Realty - Marlton
List Price
$200,000
Sold Price
$227,000
Premium/Discount to List
$27,000
13.5%
Views
253
Current Estimated Value
$281,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,043
Avg. Annual Appreciation
10.03%
Original Mortgage
$204,300
Outstanding Balance
$200,608
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$75,508

Purchase Details

Closed on
Aug 21, 2013
Sold by
Rizzo Helen Mary
Bought by
Cermak Sophie
Source: Public Records

Range of Values:

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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
Coban Yesim $227,000 Surety Title
Cermak Sophie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coban Yesim $204,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $227,000 +13.5% $212 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $200,000 -- $187 / 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 $6,544 $136,300 $44,200 $92,100
2024 $6,384 $136,300 $44,200 $92,100
2023 $6,384 $136,300 $44,200 $92,100
2022 $6,218 $136,300 $44,200 $92,100
2021 $5,658 $136,300 $44,200 $92,100
2020 $6,041 $136,300 $44,200 $92,100
2019 $5,926 $136,300 $44,200 $92,100
2018 $5,806 $136,300 $44,200 $92,100
2017 $5,637 $136,300 $44,200 $92,100
2016 $5,479 $136,300 $44,200 $92,100
2015 $4,790 $136,300 $44,200 $92,100
2014 $4,715 $136,300 $44,200 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2048320

Bright MLS

APN: 23-00002-15-00013