Seller's Agent in 2020
Jessica Holtzman
Keller Williams Realty - Moorestown
(609) 410-4212
1 in this area
45 Total Sales
502 Sherwood Rd Magnolia, NJ 08049
Estimated Value: $301,518 - $324,000
3
Beds
1
Bath
1,092
Sq Ft
$286/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Attic
- Workshop
- Raised Ranch Architecture
- High Ceiling
- 3-minute walk to Billy Tavener Park
About This Home
As of December 2020OPEN HOUSE is CANCELLED: Stunning Brickfront Rancher on a corner lot in Otter Branch Creek neighborhood. From the exterior of the home, you can see how well taken care of the original owners have maintained including newer fencing (2015), nice landscaping and a perfect curb appeal. Stepping into the home, you will see everything has been maintained nicely with a neutral design, nice carpeting, and higher ceilings. The kitchen boasts added cabinetry, updated counters and plenty of space for a large table. There are 3 well appointed bedrooms all with neutral design as well. The full bathroom is large in size, with tile flooring, and tasteful fixtures. Entering into the finished basement, you have a nice space for entertaining or quiet nights at home. The basement offers a French drain, sump pump and a separate storage area where the washer and dryer are located as well as a nice workshop. Many of the major systems have been updated or are covered under warranty. The roof is newer (2007) and solar panels panels were added (2016). The HVAC was replaced in 2008. Stepping outside, you will see a gorgeous deck, patio and nice landscaping and shrubbery. Completing the exterior is an attached to the home shed with wood frame perfect for storage. Last, the owners are offering a 1 year home warranty for the new buyer. There is nothing to do here, but add your personal touches and move in. Please make sure to see our virtual drone tour!
Last Agent to Sell the Property
Keller Williams Realty - Moorestown Listed on: 10/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,373
Year Built
- Built in 1960
Lot Details
- 6,000 Sq Ft Lot
- Lot Dimensions are 60.00 x 100.00
- Property is Fully Fenced
- Vinyl Fence
- Property is in excellent condition
Home Design
- Raised Ranch Architecture
- Rambler Architecture
- Cottage
- Combination Foundation
- Architectural Shingle Roof
- Aluminum Siding
- Brick Front
Interior Spaces
- 1,092 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- High Ceiling
- Family Room Off Kitchen
- Attic
Kitchen
- Country Kitchen
- Breakfast Area or Nook
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Workshop
- Laundry in Basement
Parking
- 3 Parking Spaces
- 3 Driveway Spaces
- On-Street Parking
Eco-Friendly Details
- Solar Heating System
- Heating system powered by active solar
Outdoor Features
- Shed
- Storage Shed
Schools
- Magnolia Elementary School
- Magnolia Middle School
- Sterling High School
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Otter Branch Creek Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 00001
- Assessor Parcel Number 23-00008 08-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2020
Closed on
Dec 28, 2020
Sold by
Cellini Joanne M and Vener John
Bought by
Grasso Maureea and Grasso Louis
Seller's Agent
Jessica Holtzman
Keller Williams Realty - Moorestown
Buyer's Agent
Brian Mulvenna
Long & Foster Real Estate, Inc.
List Price
$195,000
Sold Price
$199,000
Premium/Discount to List
$4,000
2.05%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,534
Avg. Annual Appreciation
9.74%
Original Mortgage
$159,200
Outstanding Balance
$143,450
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$162,334
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grasso Maureea | $199,000 | Infinity Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grasso Maureea | $159,200 | |
| Previous Owner | Cellini Joanne A | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $199,000 | +2.1% | $182 / Sq Ft |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 10/20/2020 10/20/20 | For Sale | $195,000 | -- | $179 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $6,904 | $143,800 | $43,200 | $100,600 |
| 2024 | $6,736 | $143,800 | $43,200 | $100,600 |
| 2023 | $6,736 | $143,800 | $43,200 | $100,600 |
| 2022 | $6,560 | $143,800 | $43,200 | $100,600 |
| 2021 | $6,257 | $143,800 | $43,200 | $100,600 |
| 2020 | $6,373 | $143,800 | $43,200 | $100,600 |
| 2019 | $6,252 | $143,800 | $43,200 | $100,600 |
| 2018 | $6,126 | $143,800 | $43,200 | $100,600 |
| 2017 | $5,948 | $143,800 | $43,200 | $100,600 |
| 2016 | $5,781 | $143,800 | $43,200 | $100,600 |
| 2015 | $5,581 | $143,800 | $43,200 | $100,600 |
| 2014 | $5,502 | $143,800 | $43,200 | $100,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Brian Mulvenna
Long & Foster
(609) 760-4126
1 in this area
59 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD405216
APN: 23-00008-08-00001
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