NOT LISTED FOR SALE

371 Magnolia St Salem, NJ 08079

Estimated Value: $105,923 - $179,000

2 Beds
2 Baths
1,288 Sq Ft
$112/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $120,000 $93 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,006/month

61 Days on Market

Highlights

  • Bonus Room
  • Screened Porch
  • Forced Air Heating System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of January 2023

Move-in ready home on a nice corner lot in Salem! While the home is older and could use some updating; it is the perfect starter home, featuring 2 bedrooms, 2 full bathrooms, and a bonus 3rd floor loft area! The property will be an estate sale and is being sold as-is, with the buyer responsible for C/O. Call today for details!

Last Agent to Sell the Property

Carlo Drogo

(856) 692-4368 carlodrogo@gmail.com EXP Realty, LLC Listed on: 10/15/2022

EXP Realty, LLC

Last Buyer's Agent

Mason Greenblatt

(856) 669-7959 mason@robertgreenblatt.com Weichert Realtors - Moorestown License #2077270

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 1906

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40.00 x 120.00

Home Design

  • Frame Construction

Interior Spaces

  • 1,288 Sq Ft Home
  • Property has 3 Levels
  • Partially Furnished
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00018
  • Assessor Parcel Number 13-00087-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2022-10-15
  • Year Built: 1906
  • Building Winterized: No
  • Remarks Public: Move-in ready home on a nice corner lot in Salem! While the home is older and could use some updating; it is the perfect starter home, featuring 2 bedrooms, 2 full bathrooms, and a bonus 3rd floor loft area! The property will be an estate sale and is being sold as-is, with the buyer responsible for C/O. Call today for details!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stove, Refrigerator
  • Foundation Details: Other
  • Levels Count: 3
  • Room Count: 9
  • Room List: Living Room, Dining Room, Kitchen, Bonus Room, Screened Porch
  • Basement: No
  • Total Sq Ft: 1288
  • Living Area Sq Ft: 1288
  • Price Per Sq Ft: 84.63
  • Above Grade Finished Sq Ft: 1288
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 371

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • 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: SALEM CITY SCHOOLS
  • School District Key: 300200396391
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 26700.00
  • Land Assessed Value: 8300.00
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Year Assessed: 2022
  • Zoning: R

Rental Info

  • Furnished: Partially
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21907484
  • Tax Annual Amount: 2630.00
  • Assessor Parcel Number: 13-00087-00018
  • Tax Lot: 00018
  • Tax Total Finished Sq Ft: 1288
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 01/31/2023

MLS Schools

  • School District Name: SALEM CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Jan 31, 2023
Sold by
Green Maxine Jeantte
Bought by
Colon-Otero Carolin
Seller's Agent
Carlo Drogo
EXP Realty, LLC
Buyer's Agent
Mason Greenblatt
Weichert Realtors - Moorestown
List Price
$109,000
Sold Price
$120,000
Premium/Discount to List
$11,000
10.09%
Views
60
Current Estimated Value
$144,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,481
Avg. Annual Appreciation
7.12%
Original Mortgage
$121,212
Outstanding Balance
$117,367
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$27,114

Purchase Details

Closed on
Feb 8, 2005
Sold by
Green Maxine J
Bought by
Green Maxine J
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
Colon-Otero Carolin $120,000 Core Title
Green Maxine J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon-Otero Carolin $121,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $120,000 +10.1% $93 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $109,000 -- $85 / 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 $2,878 $35,000 $8,300 $26,700
2024 $2,751 $35,000 $8,300 $26,700
2023 $2,751 $35,000 $8,300 $26,700
2022 $2,381 $35,000 $8,300 $26,700
2021 $2,035 $35,000 $8,300 $26,700
2020 $2,239 $35,000 $8,300 $26,700
2019 $2,224 $35,000 $8,300 $26,700
2018 $2,170 $35,000 $8,300 $26,700
2017 $2,141 $35,000 $8,300 $26,700
2016 $2,985 $82,600 $19,400 $63,200
2015 $2,943 $82,600 $19,400 $63,200
2014 $2,927 $82,600 $19,400 $63,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2005508

Bright MLS

APN: 13-00087-0000-00018