NOT LISTED FOR SALE

416 W Adams Ave Magnolia, NJ 08049

Estimated Value: $310,798 - $316,000

2 Beds
1 Bath
1,473 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $243,000 $165 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,230/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Offers due 4/16 by 7pm
Welcome to Magnolia - One square mile of friendliness! If your looking for that small town feel, this is the place for you. This beautiful home appears quaint and cute from the outside but you will be surprised how much room is inside. As you walk up to the home, take notice of the front fenced yard and the great front porch where you can sit and have your morning coffee. You will enter to the main level a modern and attractive open living room - dinning room that leads to the modern kitchen with 42 inch cabinets, granite counter top, stainless appliances, pantry and recessed lighting. Now whats next really sets this home apart - the back sunken bonus room. This gives this home that extra space to spread out. Through the main bedroom you can access the second floor- a huge room the length of the home. This second floor makes a great hideaway for an at home office, craft or hobby room, playroom or whatever suites your needs. Storage is no issue here- there is a full basement through the door in the back bonus room. This home has such a great combination of interior /exterior space. The back room has french doors that go out to the huge deck raised above the yard. Magnolia is such a wonderful community. There are many parks, restaurants, and don't forget the famous water ice factory. This is a very walkable town and the events cannot be beat ! Every holiday there are parades, events in the park, train station flea markets and even a night market.

Last Agent to Sell the Property

Racheal Marzi

Compass New Jersey, LLC - Haddon Township Listed on: 04/12/2022

Compass New Jersey, LLC - Haddon Township

Last Buyer's Agent

Dung-Kim Brady

Keller Williams Realty - Cherry Hill License #1755666

Keller Williams Realty - Cherry Hill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,936

Year Built

  • Built in 1926

Lot Details

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

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,473 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 23-00001 09-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,936

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-13
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Remarks Public: Offers due 4/16 by 7pm Welcome to Magnolia - One square mile of friendliness! If your looking for that small town feel, this is the place for you. This beautiful home appears quaint and cute from the outside but you will be surprised how much room is inside. As you walk up to the home, take notice of the front fenced yard and the great front porch where you can sit and have your morning coffee. You will enter to the main level a modern and attractive open living room - dinning room that leads to the modern kitchen with 42 inch cabinets, granite counter top, stainless appliances, pantry and recessed lighting. Now whats next really sets this home apart - the back sunken bonus room. This gives this home that extra space to spread out. Through the main bedroom you can access the second floor- a huge room the length of the home. This second floor makes a great hideaway for an at home office, craft or hobby room, playroom or whatever suites your needs. Storage is no issue here- there is a full basement through the door in the back bonus room. This home has such a great combination of interior /exterior space. The back room has french doors that go out to the huge deck raised above the yard. Magnolia is such a wonderful community. There are many parks, restaurants, and don't forget the famous water ice factory. This is a very walkable town and the events cannot be beat ! Every holiday there are parades, events in the park, train station flea markets and even a night market.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1473
  • Living Area Sq Ft: 1473
  • Price Per Sq Ft: 148.68
  • Above Grade Finished Sq Ft: 1473
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 416

Beds/Baths

  • Bedrooms: 2
  • 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
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: STERLING HIGH
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 87200.00
  • Land Assessed Value: 44200.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 140.00 x 50.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1897355
  • Tax Annual Amount: 5936.00
  • Assessor Parcel Number: 23-00001 09-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1473
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 05/27/2022

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 23, 2022
Sold by
Hoban Paul R and Hoban Madasen P
Bought by
Mancini Donna
Seller's Agent
Racheal Marzi
Compass New Jersey, LLC - Haddon Township
Buyer's Agent
Dung-Kim Brady
Keller Williams Realty - Cherry Hill
List Price
$219,000
Sold Price
$243,000
Premium/Discount to List
$24,000
10.96%
Current Estimated Value
$311,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,192
Avg. Annual Appreciation
7.70%
Original Mortgage
$153,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2019
Closed on
Aug 22, 2019
Sold by
Quattrone Damon
Bought by
Hoban Paul R and Hoban Madasen P
Seller's Agent
Kelli Ciancaglini
Keller Williams Hometown
Buyer's Agent
Sindy Hoban
Coldwell Banker Realty
List Price
$174,900
Sold Price
$169,900
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.84%
Original Mortgage
$166,822
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2007
Sold by
Pierce Robert B
Bought by
Quattrone Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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
Mancini Donna $243,000 Southern United Title
Hoban Paul R $169,900 None Available
Quattrone Damon $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mancini Donna $153,000
Previous Owner Hoban Paul R $166,822
Previous Owner Quattrone Damon $177,350
Previous Owner Quattrone Damon $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $243,000 +11.0% $165 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $219,000 +28.9% $149 / Sq Ft
08/23/2019 08/23/19 Sold $169,900 0.0% $115 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
06/13/2019 06/13/19 Price Changed $169,900 -2.9% $115 / Sq Ft
05/27/2019 05/27/19 For Sale $174,900 -- $119 / 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 $6,309 $131,400 $44,200 $87,200
2024 $6,155 $131,400 $44,200 $87,200
2023 $6,155 $131,400 $44,200 $87,200
2022 $5,994 $131,400 $44,200 $87,200
2021 $5,937 $131,400 $44,200 $87,200
2020 $5,824 $131,400 $44,200 $87,200
2019 $5,713 $131,400 $44,200 $87,200
2018 $5,598 $131,400 $44,200 $87,200
2017 $5,435 $131,400 $44,200 $87,200
2016 $5,282 $131,400 $44,200 $87,200
2015 $5,100 $131,400 $44,200 $87,200
2014 $5,027 $131,400 $44,200 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2023396

Bright MLS

APN: 23-00001-09-00006