NOT LISTED FOR SALE

401 Otter Branch Dr Magnolia, NJ 08049

Estimated Value: $305,000 - $322,000

3 Beds
1 Bath
1,080 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $235,000 $218 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,238/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Detached Garage
  • Attic
  • Stainless Steel Appliances
  • 2-minute walk to Billy Tavener Park

About This Home

As of November 2021

Beautiful 3 Bedroom, 1 bath Cape Cod home located in Magnolia Gardens. Brand New Kitchen, New Carpets, Freshly painted, New Heater, Newer roof, & Newer AC unit. Not done yet with upgrades...Full basement, partially finished with sizable laundry room, New granite kitchen countertops, New cabinets, New Kitchen appliances, New kitchen flooring, Updated bathroom, Vinyl siding and a Spacious 2 car garage with attic and side entrance. Quiet neighborhood close to all major highways and only 15-20 mins from the city of brotherly love!

Last Agent to Sell the Property

Tom Clendining

(856) 616-7042 tj0125@comcast.net BHHS Fox & Roach - Haddonfield License #562790 Listed on: 10/02/2021

BHHS Fox & Roach - Haddonfield

Last Buyer's Agent

Yomi Castellano

(856) 535-5330 flor.castellano@foxroach.com Weichert Realtors - Moorestown License #2080602

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1955 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 116.00 x 90.00
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Fenced Parking

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Electric Dryer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00015
  • Assessor Parcel Number 23-00008 09-00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,841

Year Built

Built in 1955 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: All Appliances currently on premises-as-is
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-10-02
  • Federal Flood Zone: No
  • Year Built: 1955
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Stainless Steel Appliances
  • Flooring Type: Carpet
  • Interior Amenities: Attic, Carpet, Combination Kitchen/Dining, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Price Per Sq Ft: 212.87
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • 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
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Fenced, Paved Driveway
  • Garage Features: Garage - Side Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Dimensions: 116.00 x 90.00
  • Lot Size Units: Square Feet
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

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

Tax Info

  • Tax Annual Amount: 5841.00
  • Assessor Parcel Number: 23-00008 09-00015
  • Tax Lot: 00015
  • Tax Total Finished Sq Ft: 1080
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 11/18/2021

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 18, 2021
Sold by
Raymond Leotta
Bought by
Lorenzo Miguel A Ramos and Bautista Mary Fer
Seller's Agent
Tom Clendining
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Yomi Castellano
Weichert Realtors - Moorestown
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Current Estimated Value
$312,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,675
Avg. Annual Appreciation
7.60%
Original Mortgage
$230,743
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 30, 2021
Sold by
Heiser Anita and Heiser Steven
Bought by
Leotta Raymond
Seller's Agent
Tom Clendining
BHHS Fox & Roach - Haddonfield
Buyer's Agent
Tom Clendining
BHHS Fox & Roach - Haddonfield
List Price
$174,900
Sold Price
$153,000
Premium/Discount to List
-$21,900
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.36%

Purchase Details

Closed on
Apr 27, 2010
Sold by
Heiser Anita and Heiser William R
Bought by
Heiser Anita and Heiser Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,116
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2000
Sold by
Heiser Franklin
Bought by
Heiser Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
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
Lorenzo Miguel A Ramos $235,000 Trident Land Transfer
Leotta Raymond $153,000 National Title Agency
Heiser Anita -- --
Heiser Anita $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenzo Miguel A Ramos $230,743
Previous Owner Heiser Anita $146,116
Previous Owner Heiser Anita $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2021 11/18/21 Sold $235,000 +2.2% $218 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $229,900 +50.3% $213 / Sq Ft
07/01/2021 07/01/21 Sold $153,000 -9.9% $142 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Pending -- -- --
05/23/2021 05/23/21 Price Changed $169,900 -2.9% $157 / Sq Ft
05/07/2021 05/07/21 For Sale $174,900 0.0% $162 / Sq Ft
12/15/2016 12/15/16 Rented $1,450 -6.5% --
12/05/2016 12/05/16 Under Contract -- -- --
10/12/2016 10/12/16 For Rent $1,550 -- --
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 $6,976 $145,300 $43,800 $101,500
2024 $6,806 $145,300 $43,800 $101,500
2023 $6,806 $145,300 $43,800 $101,500
2022 $6,013 $131,800 $43,800 $88,000
2021 $5,955 $131,800 $43,800 $88,000
2020 $5,841 $131,800 $43,800 $88,000
2019 $5,731 $131,800 $43,800 $88,000
2018 $5,615 $131,800 $43,800 $88,000
2017 $5,451 $131,800 $43,800 $88,000
2016 $5,298 $131,800 $43,800 $88,000
2015 $5,115 $131,800 $43,800 $88,000
2014 $5,043 $131,800 $43,800 $88,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2008666

Bright MLS

APN: 23-00008-09-00015