NOT LISTED FOR SALE

505 Johnson Place Magnolia, NJ 08049

Estimated Value: $286,000 - $303,000

3 Beds
1 Bath
912 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $121,000 $133 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,099/month

Highlights

  • Rambler Architecture
  • Attic
  • Cul-De-Sac
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2017

This home may qualify for a 16,000 grant to cover down payment and closing costs. Welcome to your new home located on Cul-De-Sac. As you enter this home you will be greeted with a generous sized living room with tons of natural light. This property features, Eat in Kitchen, Car Port, large yard that is partially fenced, new furnace (Less than 1 year old), under ground sprinkler system, gutter guards, hardwood floors under the carpet and so much more. The basement is dry with high ceilings and could be finished to add additional living space. This home has endless possibilities for investors, first time home buyers, and empty nesters. This home is a steal and will not last long so make your appointment today. Property is being sold in AS-IS condition. Buyer is responsible for all inspections, certifications and repairs

Last Agent to Sell the Property

Victor Santucci Jr.

Real Broker, LLC License #1326850 Listed on: 08/09/2017

Last Buyer's Agent

Alicia Weister

Coldwell Banker Realty License #9233306

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 76x94
  • Cul-De-Sac

Home Design

  • Rambler Architecture
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Bay Window
  • Living Room
  • Eat-In Kitchen
  • Attic

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • 3 Attached Carport Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00025
  • Assessor Parcel Number 23-00006 05-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: All Appliances In As-Is Condition
  • New Construction: No
  • Year Built: 1955
  • Remarks Public: This home may qualify for a 16,000 grant to cover down payment and closing costs. Welcome to your new home located on Cul-De-Sac. As you enter this home you will be greeted with a generous sized living room with tons of natural light. This property features, Eat in Kitchen, Car Port, large yard that is partially fenced, new furnace (Less than 1 year old), under ground sprinkler system, gutter guards, hardwood floors under the carpet and so much more. The basement is dry with high ceilings and could be finished to add additional living space. This home has endless possibilities for investors, first time home buyers, and empty nesters. This home is a steal and will not last long so make your appointment today. Property is being sold in AS-IS condition. Buyer is responsible for all inspections, certifications and repairs
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Wood, Fully Carpeted, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Attic
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 912
  • Living Area Sq Ft: 912
  • Net Sq Ft: 912.00
  • Price Per Sq Ft: 137.06
  • Above Grade Finished Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Attached Carport Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway, Attached Carport

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396856

Lot Info

  • Improvement Assessed Value: 85300.00
  • Land Assessed Value: 46100.00
  • Lot Features: Cul-De-Sac
  • Lot Dimensions: 76X94
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898361
  • Tax Annual Amount: 5282.00
  • Assessor Parcel Number: 23-00006 05-00025
  • Tax Lot: 00025
  • Tax Year: 2016
  • Close Date: 10/05/2017

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 6, 2017
Sold by
Dirska Karl and Dirska Herta M
Bought by
Mchugh Gregory M
Seller's Agent
Victor Santucci Jr.
Real Broker, LLC
Buyer's Agent
Alicia Weister
Coldwell Banker Realty
List Price
$125,000
Sold Price
$121,000
Premium/Discount to List
-$4,000
-3.2%
Current Estimated Value
$295,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,207
Avg. Annual Appreciation
11.66%
Original Mortgage
$16,000
Interest Rate
3.83%
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
Mchugh Gregory M $121,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchugh Gregory M $120,000
Closed Mchugh Gregory M $16,000
Closed Trident Mortgage Company Pl $114,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $121,000 -3.2% $133 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $125,000 -- $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 $6,309 $131,400 $46,100 $85,300
2024 $6,155 $131,400 $46,100 $85,300
2023 $6,155 $131,400 $46,100 $85,300
2022 $5,994 $131,400 $46,100 $85,300
2021 $5,937 $131,400 $46,100 $85,300
2020 $5,824 $131,400 $46,100 $85,300
2019 $5,713 $131,400 $46,100 $85,300
2018 $5,598 $131,400 $46,100 $85,300
2017 $5,435 $131,400 $46,100 $85,300
2016 $5,282 $131,400 $46,100 $85,300
2015 $4,850 $131,400 $46,100 $85,300
2014 $4,777 $131,400 $46,100 $85,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001770915

Bright MLS

APN: 23-00006-05-00025