NOT LISTED FOR SALE

505 W Madison Ave Magnolia, NJ 08049

Estimated Value: $315,000 - $345,000

3 Beds
2 Baths
1,318 Sq Ft
$247/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $230,000 $175 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,381/month

7 Days on Market

Highlights

  • 0.48 Acre Lot
  • Rambler Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • 4-minute walk to Albertson Memorial Park

About This Home

As of August 2021

Living is easy in this Updated Rancher style home. Situated at the end of a Cul-de-sac, on a one way street, you will truly enjoy the peace of mind that this home has to offer. Features include: Newly updated approximately 1 year ago, a spacious open floor plan with generous sized rooms, neutral paint colors throughout. The kitchen is tastefully done with granite countertops, a ceramic tile backsplash, ceramic tile flooring, stainless steel appliances, modern fixtures, a pantry, laundry area and more. There is also a wonderful family room and three spacious bedrooms, one of which is a Master bedroom equipped with a master bathroom, and second FULL Bathroom bath down the hall. The rear deck is also a great place to unwind down at the end of a long day. This is a great opportunity to own this wonderful home. Excellent location, quiet neighborhood all for a wonderful price! More details to come.

Last Agent to Sell the Property

Timothy Kerr

Real Broker, LLC License #0568781 Listed on: 06/16/2021

Real Broker, LLC

Last Buyer's Agent

Jenna Marchiano

Weichert Realtors - Moorestown License #3318625

Weichert Realtors - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 1986

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100.00 x 208.00
  • Property is Fully Fenced
  • Wood Fence
  • Property is in good condition

Home Design

  • Rambler Architecture
  • Frame Construction

Interior Spaces

  • 1,318 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dining Area

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Schools

  • Magnolia Elementary And Middle School
  • Sterling High School

Utilities

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

Community Details

  • No Home Owners Association
  • Bluebird Subdivision

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 23-00007 01-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,129

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Remarks Public: Living is easy in this Updated Rancher style home. Situated at the end of a Cul-de-sac, on a one way street, you will truly enjoy the peace of mind that this home has to offer. Features include: Newly updated approximately 1 year ago, a spacious open floor plan with generous sized rooms, neutral paint colors throughout. The kitchen is tastefully done with granite countertops, a ceramic tile backsplash, ceramic tile flooring, stainless steel appliances, modern fixtures, a pantry, laundry area and more. There is also a wonderful family room and three spacious bedrooms, one of which is a Master bedroom equipped with a master bathroom, and second FULL Bathroom bath down the hall. The rear deck is also a great place to unwind down at the end of a long day. This is a great opportunity to own this wonderful home. Excellent location, quiet neighborhood all for a wonderful price! More details to come.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Dryer, Dishwasher, Refrigerator, Built-In Microwave, Oven/Range - Gas, Disposal
  • Flooring Type: Carpet, Tile/Brick, Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Tub Shower, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1318
  • Living Area Sq Ft: 1318
  • Price Per Sq Ft: 174.51
  • Above Grade Finished Sq Ft: 1318
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • Elementary School: MAGNOLIA
  • Middle School: MAGNOLIA
  • High School: STERLING
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396856
  • School District Source: 3rd Party
  • Elementary School: MAGNOLIA
  • High School: STERLING
  • Middle Or Junior School: MAGNOLIA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully, Wood
  • Improvement Assessed Value: 89400.00
  • Land Assessed Value: 48900.00
  • Lot Size Acres: 0.48
  • Lot Dimensions: 100.00 x 208.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20800.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Good
  • Year Assessed: 2020
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898530
  • Tax Annual Amount: 6129.00
  • Assessor Parcel Number: 23-00007 01-00024
  • Tax Lot: 00024
  • Tax Total Finished Sq Ft: 1318
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 08/05/2021

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 15, 2021
Sold by
Kraus Hunter and Macintyre Alison
Bought by
Higgins Breanna
Seller's Agent
Timothy Kerr
Real Broker, LLC
Buyer's Agent
Jenna Marchiano
Weichert Realtors - Moorestown
List Price
$200,000
Sold Price
$230,000
Premium/Discount to List
$30,000
15%
Current Estimated Value
$322,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,859
Avg. Annual Appreciation
10.53%
Original Mortgage
$214,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2020
Closed on
May 22, 2020
Sold by
Never Settle Real Estate Llc
Bought by
Kraus Hunter and Macintyre Alison
Seller's Agent
Thomas Ballerini
Long & Foster Real Estate, Inc.
Buyer's Agent
Timothy Kerr
Real Broker, LLC
List Price
$179,900
Sold Price
$177,000
Premium/Discount to List
-$2,900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.17%
Original Mortgage
$171,690
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2019
Closed on
Feb 7, 2020
Sold by
National Bank Of Elmer
Bought by
Never Settle Real Estate Llc
Seller's Agent
Jennifer Tucker
Coldwell Banker Realty
Buyer's Agent
Thomas Ballerini
Long & Foster Real Estate, Inc.
List Price
$114,900
Sold Price
$92,000
Premium/Discount to List
-$22,900
-19.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
854.88%
Original Mortgage
$124,380
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2019
Sold by
Sherick Properties Llc
Bought by
The First National Bank Of Elmer

Purchase Details

Closed on
Dec 1, 2011
Sold by
Federal National Mortgage Association
Bought by
Sherick Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2010
Sold by
Mcerlane Margaret Mary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 31, 2005
Sold by
Jar Investments Inc
Bought by
Henwood Margaret Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.66%

Purchase Details

Closed on
May 21, 2004
Sold by
Coba Inc
Bought by
Jar Investments Inc

Purchase Details

Closed on
May 18, 2000
Sold by
Federal Housing Administration
Bought by
Heller William
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
Higgins Breanna $230,000 National Integrity Ttl Agcy
Kraus Hunter $177,000 Foundation Title Llc
Never Settle Real Estate Llc $92,000 Infinity Title Agency
The First National Bank Of Elmer -- Foundation Title Llc
Sherick Properties Llc $78,000 --
Federal National Mortgage Association -- --
Henwood Margaret Mary $143,900 --
Jar Investments Inc $93,200 --
Heller William $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Breanna $214,000
Previous Owner Kraus Hunter $171,690
Previous Owner Never Settle Real Estate Llc $124,380
Previous Owner Sherick Properties Llc $100,000
Previous Owner Sherick Properties Llc $50,700
Previous Owner Sherick Properties Llc $50,700
Previous Owner Sherick Properties Llc $25,000
Previous Owner Mcerlane Margaret Mary $189,000
Previous Owner Henwood Margaret Mary $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $230,000 0.0% $175 / Sq Ft
06/29/2021 06/29/21 Price Changed $230,000 +15.0% $175 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $200,000 +13.0% $152 / Sq Ft
05/22/2020 05/22/20 Sold $177,000 +0.1% $134 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/16/2020 04/16/20 Price Changed $176,900 -1.7% $134 / Sq Ft
04/02/2020 04/02/20 For Sale $179,900 0.0% $136 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $179,900 +95.5% $136 / Sq Ft
02/07/2020 02/07/20 Sold $92,000 -19.9% $70 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
11/26/2019 11/26/19 Price Changed $114,900 0.0% $87 / Sq Ft
11/26/2019 11/26/19 For Sale $114,900 -4.3% $87 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $120,000 -- $91 / 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 $7,360 $153,300 $48,900 $104,400
2024 $7,181 $153,300 $48,900 $104,400
2023 $7,181 $153,300 $48,900 $104,400
2022 $6,994 $153,300 $48,900 $104,400
2021 $6,926 $153,300 $48,900 $104,400
2020 $6,129 $138,300 $48,900 $89,400
2019 $6,013 $138,300 $48,900 $89,400
2018 $5,892 $138,300 $48,900 $89,400
2017 $4,686 $138,300 $48,900 $89,400
2016 $4,555 $138,300 $48,900 $89,400
2015 $4,397 $138,300 $48,900 $89,400
2014 $4,335 $138,300 $48,900 $89,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Kerr

    Seller's Agent in 2021

    Timothy Kerr

    Real Broker, LLC

    (609) 870-4369

    4 in this area

    445 Total Sales

    Section Image
  • Jenna Marchiano

    Buyer's Agent in 2021

    Jenna Marchiano

    Weichert Corporate

    (856) 534-5682

    1 in this area

    29 Total Sales

    Section Image
  • Thomas Ballerini

    Seller's Agent in 2020

    Thomas Ballerini

    Long & Foster

    (856) 366-6499

    140 Total Sales

    Section Image
  • Jennifer Tucker

    Seller's Agent in 2020

    Jennifer Tucker

    Coldwell Banker Realty

    6 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJCD422224

Bright MLS

APN: 23-00007-01-00024

New Jersey Camden County Magnolia 08049

505 W Madison Ave, Magnolia, NJ

This home is located at 505 W Madison Ave, Magnolia, NJ 08049 since 16 June 2021 and is currently estimated at $325,650, approximately $247 per square foot. This property was built in 1986. 505 W Madison Ave is a home located in Camden County with nearby schools including Magnolia Elementary School, Sterling High School, and St. Teresa Regional School.

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