NOT LISTED FOR SALE

329 Lincoln Ave Magnolia, NJ 08049

Estimated Value: $297,268 - $328,000

3 Beds
1 Bath
1,312 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $215,000 $164 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,215/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed
  • 4-minute walk to Richard Michielli Park

About This Home

As of May 2023

***Highest and Best by 5pm on 4/3*** Where else can you find a nice house, in a quiet neighborhood, with a good school system, AND low taxes for under $200K? Welcome to Magnolia where their motto is "One Square Mile of Friendliness"! This charming 3 bedroom 1 bath home sits on a quiet street with large back and side yards, perfect for the kids and/or grandkids to play. Entering through the front door, you'll find the living room, separate dining room, kitchen, and small office space/playroom. The washer and dryer are conveniently located in the main level laundry room, right off of the kitchen. The second floor includes two large bedrooms and a full bathroom. But that's not all, there's a 3rd floor that contains even more room! Can be used as a 3th bedroom, office, or easy to access storage. The unfinished basement allows for tons of additional storage. Exterior is clean and in good condition with roof that was replaced about 10 years ago. This home has been well maintained and needs updating, but has so much potential for someone with a vision to create the forever home of their dreams. A wooden ramp was added for easy wheelchair access. Even though it's tucked back in a quiet neighborhood, it is conveniently close to shopping, and just minutes from the White Horse Pike and Rt 295. This means you can be in Philly in just 20 minutes or to the shore in 45 minutes!

Last Agent to Sell the Property

Christopher Teti

Better Homes and Gardens Real Estate Maturo Listed on: 03/31/2023

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Dan Kent

Better Homes and Gardens Real Estate Maturo License #2078834

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 1890

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,312 Sq Ft Home
  • Property has 3 Levels
  • Laundry on main level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Ramp on the main level

Outdoor Features

  • Shed

Schools

  • Magnolia Elementary School
  • Magnolia Middle School
  • Sterling High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 23-00002 01-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,967

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Accessibility Features: 2+ Access Exits, Ramp - Main Level
  • Ownership: Fee Simple
  • Exclusions: Personal property
  • Home Warranty: No
  • Inclusions: Appliances
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-03-31
  • Federal Flood Zone: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: ***Highest and Best by 5pm on 4/3*** Where else can you find a nice house, in a quiet neighborhood, with a good school system, AND low taxes for under $200K? Welcome to Magnolia where their motto is "One Square Mile of Friendliness"! This charming 3 bedroom 1 bath home sits on a quiet street with large back and side yards, perfect for the kids and/or grandkids to play. Entering through the front door, you'll find the living room, separate dining room, kitchen, and small office space/playroom. The washer and dryer are conveniently located in the main level laundry room, right off of the kitchen. The second floor includes two large bedrooms and a full bathroom. But that's not all, there's a 3rd floor that contains even more room! Can be used as a 3th bedroom, office, or easy to access storage. The unfinished basement allows for tons of additional storage. Exterior is clean and in good condition with roof that was replaced about 10 years ago. This home has been well maintained and needs updating, but has so much potential for someone with a vision to create the forever home of their dreams. A wooden ramp was added for easy wheelchair access. Even though it's tucked back in a quiet neighborhood, it is conveniently close to shopping, and just minutes from the White Horse Pike and Rt 295. This means you can be in Philly in just 20 minutes or to the shore in 45 minutes!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 1312
  • Living Area Sq Ft: 1312
  • Price Per Sq Ft: 152.36
  • Above Grade Finished Sq Ft: 1312
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 329

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
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

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: 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: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • Elementary School: MAGNOLIA E.S.
  • Middle School: MAGNOLIA
  • High School: STERLING H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396856
  • School District Source: Listing Agent
  • Elementary School: MAGNOLIA E.S.
  • High School: STERLING H.S.
  • Middle Or Junior School: MAGNOLIA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 86600.00
  • Land Assessed Value: 44200.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Year Assessed: 2022
  • Zoning: RES

Rental Info

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

Tax Info

  • Assessor Parcel Number: 1897445
  • Tax Annual Amount: 5967.00
  • Assessor Parcel Number: 23-00002 01-00003
  • Tax Lot: 00003
  • Tax Total Finished Sq Ft: 1312
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/05/2023

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 5, 2023
Sold by
Bowers Kathleen M
Bought by
Kustera Magan and Pillitteri Crista
Seller's Agent
Christopher Teti
Better Homes and Gardens Real Estate Maturo
Buyer's Agent
Dan Kent
Better Homes and Gardens Real Estate Maturo
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Views
50
Current Estimated Value
$311,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,067
Avg. Annual Appreciation
11.89%
Original Mortgage
$172,000
Outstanding Balance
$167,299
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$112,055
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
Kustera Magan $215,000 National Integrity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kustera Magan $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $215,000 +7.6% $164 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $199,900 -- $152 / 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 $6,280 $130,800 $44,200 $86,600
2024 $6,127 $130,800 $44,200 $86,600
2023 $6,127 $130,800 $44,200 $86,600
2022 $5,967 $130,800 $44,200 $86,600
2021 $5,660 $130,800 $44,200 $86,600
2020 $5,797 $130,800 $44,200 $86,600
2019 $5,687 $130,800 $44,200 $86,600
2018 $5,572 $130,800 $44,200 $86,600
2017 $5,410 $130,800 $44,200 $86,600
2016 $5,258 $130,800 $44,200 $86,600
2015 $4,826 $130,800 $44,200 $86,600
2014 $4,754 $130,800 $44,200 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2044516

Bright MLS

APN: 23-00002-01-00003