NOT LISTED FOR SALE

427 W Monroe Ave Magnolia, NJ 08049

Estimated Value: $323,128 - $354,000

3 Beds
1.5 Baths
1,184 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $230,000 $194 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,364/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Sun or Florida Room
  • Recreation Room
  • Main Floor Bedroom
  • 4-minute walk to Albertson Memorial Park

About This Home

As of August 2021

Lovely Cape Cod is waiting for you!! Less than 1/2 block from Albertson Memorial Park, where you can get your morning walk or take the kids to play. Front entry door features a keypad for keyless entry, and welcomes you into the cozy living room featuring hardwood floors. The kitchen offers an informal dining area, wall oven with separate gas cooktop, kitchen island, and plenty of cabinet & counter space. Enjoy a cozy screened-in deck that overlooks the large fenced back yard which features a firepit and a shed for your storage needs. The first floor also offers the main bedroom and a full bath. The 2nd floor features two additional bedrooms and a half bath. Basement offers a partially finished recreation room with a wet/dry bar (sink provided not hooked up). A storage area and laundry with a walkout to the back yard completes the basement level. This would make a great starter home or perfect for the empty nester looking for a main floor bedroom but space for guests. Central Air was installed in 2020, Heater new in 2018, Roof is newer. There are mini-split ductless a/c units in the living room and main floor bedroom that were never disconnected when the central air was installed, so new owners can choose to cool entire home, or just the rooms being used, or relocate them to 2nd floor. This home has nothing wrong, but is being sold AS IS. Don't miss this gem!!

Last Agent to Sell the Property

Kelly Lawrence

(609) 440-6887 kelly.lawrence@foxroach.com BHHS Fox & Roach-Washington-Gloucester Listed on: 07/26/2021

BHHS Fox & Roach-Washington-Gloucester

Last Buyer's Agent

Drew Conway

(856) 655-5075 drewconwayrealtor@gmail.com HomeSmart First Advantage Realty

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,351

Year Built

  • Built in 1967

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50.00 x 140.00
  • Property is Fully Fenced
  • Chain Link Fence
  • Property is in average condition

Home Design

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

Interior Spaces

  • 1,184 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Laundry in Basement

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 23-00001 02-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,351

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: bar stools
  • Inclusions: Refrigerator/Washer/Dryer (AS IS), kitchen island
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-26
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood
  • Interior Amenities: Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Kitchen - Eat-In, Wet/Dry Bar, Wood Floors, Kitchen - Island
  • Fireplace: No
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Sun/Florida Room, Recreation Room, Workshop
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Walkout Stairs
  • Basement Finished Percent: 50.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 1184
  • Living Area Sq Ft: 1184
  • Price Per Sq Ft: 190.03
  • Above Grade Finished Sq Ft: 1184
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 427

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Asphalt, Pitched, Shingle
  • 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: 1
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • 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
  • Association Recreation Fee: No

Schools

  • School District: STERLING HIGH
  • 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: 300200396990
  • School District Source: Listing Agent
  • Elementary School: MAGNOLIA E.S.
  • High School: STERLING H.S.
  • Middle Or Junior School: MAGNOLIA

Lot Info

  • Horses: No
  • Fencing: Fully, Chain Link
  • Lot Size Acres: 0.16
  • Lot Dimensions: 50.00 x 140.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7000.00
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6351.00
  • Assessor Parcel Number: 23-00001 02-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 1184
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/27/2021

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 21, 2021
Sold by
Hiller Andrew and Hiller Donna M
Bought by
Caprice Michael A and Maxwell Caylee J
Seller's Agent
Kelly Lawrence
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Drew Conway
HomeSmart First Advantage Realty
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%
Current Estimated Value
$336,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,532
Avg. Annual Appreciation
9.73%
Original Mortgage
$225,834
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 5, 2020
Sold by
Euler Brittany J
Bought by
Hiller Andrew and Hiller Lisa
Seller's Agent
Joseph A Rivera
Coldwell Banker Realty
Buyer's Agent
Kelly Lawrence
BHHS Fox & Roach-Washington-Gloucester
List Price
$205,000
Sold Price
$212,000
Premium/Discount to List
$7,000
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$208,160
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 6, 2018
Closed on
Jan 25, 2019
Sold by
Makiewicz Walter and Estate Of Edward S Markiewicz
Bought by
Euler Brittany J
Seller's Agent
Linda Musser
Century 21 Alliance-Cherry Hill
Buyer's Agent
Joseph A Rivera
Coldwell Banker Realty
List Price
$162,000
Sold Price
$152,500
Premium/Discount to List
-$9,500
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$149,737
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2001
Sold by
Ledden Robert
Bought by
Markiewicz Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.08%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Ledden Cathy
Bought by
Ledden Robert P and Ledden Nancy Lee
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
Caprice Michael A $230,000 Coretitle
Hiller Andrew $212,000 None Listed On Document
Hiller Andrew $212,000 None Listed On Document
Euler Brittany J $152,500 None Available
Markiewicz Edward $93,500 --
Ledden Robert P $35,000 --
Ledden Robert P $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caprice Michael A $225,834
Previous Owner Hiller Andrew $208,160
Previous Owner Euler Brittany J $149,737
Previous Owner Markiewicz Edward $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2021 08/27/21 Sold $230,000 +2.2% $194 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $225,000 +6.1% $190 / Sq Ft
11/06/2020 11/06/20 Sold $212,000 +3.4% $179 / Sq Ft View Prior Sale
09/23/2020 09/23/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $205,000 +34.4% $173 / Sq Ft
01/25/2019 01/25/19 Sold $152,500 -5.9% $129 / Sq Ft View Prior Sale
12/20/2018 12/20/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $162,000 -- $137 / 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 $6,880 $143,300 $44,200 $99,100
2024 $6,712 $143,300 $44,200 $99,100
2023 $6,712 $143,300 $44,200 $99,100
2022 $6,537 $143,300 $44,200 $99,100
2021 $6,474 $143,300 $44,200 $99,100
2020 $6,351 $143,300 $44,200 $99,100
2019 $6,231 $143,300 $44,200 $99,100
2018 $6,105 $143,300 $44,200 $99,100
2017 $5,927 $143,300 $44,200 $99,100
2016 $5,761 $143,300 $44,200 $99,100
2015 $5,561 $143,300 $44,200 $99,100
2014 $5,483 $143,300 $44,200 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2002476

Bright MLS

APN: 23-00001-02-00017