NOT LISTED FOR SALE

511 E Madison Ave Magnolia, NJ 08049

Estimated Value: $366,000 - $381,000

4 Beds
2.5 Baths
2,160 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $172,000 $80 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,578/month

128 Days on Market

Highlights

  • Second Kitchen
  • Contemporary Architecture
  • Attic
  • 0.42 Acre Lot
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2018

Welcome to this spacious 4 bedroom 2.5 bath bi-level home located on a quiet street in a great area of town near shops and restaurants. There is a living room and dining room with hardwood flooring, an updated eat-in-kitchen, and a family room with a cozy fireplace. The lower level of the home also offers a laundry/utility room and in-law suite with a private entrance and second kitchen. Outside you will find a large backyard with mature shade trees and a shed for extra storage space. The seller will also provide a one year home warranty! Come see this amazing home, you won't be disappointed!

Last Agent to Sell the Property

Ed Mcnally

(866) 201-6210 nj.broker@exprealty.net EXP Realty, LLC License #8436068 Listed on: 09/26/2017

EXP Realty, LLC

Last Buyer's Agent

Jackie Albano

(856) 316-0777 rob@betternjagents.com Better Homes and Gardens Real Estate Maturo

Better Homes and Gardens Real Estate Maturo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,787

Year Built

  • Built in 1960

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 121x150
  • Back, Front, and Side Yard
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 2.5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00039
  • Assessor Parcel Number 23-00004 02-00039

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,787

Year Built

Built in 1960

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Bi-Level
  • Ownership: Fee Simple
  • Exclusions: Also Included Is A One Year Home Warranty
  • Inclusions: Refrig, Washer, Dryer, 1 Window A/C Unit, Dehumidifier & Humidifier
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher
  • Flooring Type: Wood, Fully Carpeted, Vinyl
  • Interior Amenities: Primary Bath(s), Ceiling Fan(s), 2nd Kitchen, Stall Shower, Kitchen - Eat-In
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/AuPair/Suite, Laundry, Attic
  • Basement: No
  • Laundry Type: Lower Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 2160
  • Living Area Sq Ft: 2160
  • Net Sq Ft: 2160.00
  • Price Per Sq Ft: 78.66
  • Above Grade Finished Sq Ft: 2160
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Oil, Baseboard
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 113400.00
  • Land Assessed Value: 50700.00
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.42
  • Lot Dimensions: 121X150
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18150.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898035
  • Tax Annual Amount: 6787.00
  • Assessor Parcel Number: 23-00004 02-00039
  • Tax Lot: 00039
  • Tax Year: 2017

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2017
Closed on
Mar 30, 2018
Sold by
Anderson Harold C and Anderson Barbara E
Bought by
Thomas Dekese K and Thomas Katia D
Seller's Agent
Ed Mcnally
EXP Realty, LLC
Buyer's Agent
Jackie Albano
Better Homes and Gardens Real Estate Maturo
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Current Estimated Value
$373,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,938
Avg. Annual Appreciation
10.29%
Original Mortgage
$168,884
Outstanding Balance
$145,439
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$228,499
Source: Public Records
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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
Thomas Dekese K $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Dekese K $168,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $172,000 +1.2% $80 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $169,900 0.0% $79 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/10/2017 11/10/17 Price Changed $169,900 -5.6% $79 / Sq Ft
10/23/2017 10/23/17 Price Changed $179,900 -5.3% $83 / Sq Ft
09/26/2017 09/26/17 For Sale $189,900 -- $88 / Sq Ft
Source: Bright MLS

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 $7,878 $164,100 $50,700 $113,400
2024 $7,686 $164,100 $50,700 $113,400
2023 $7,686 $164,100 $50,700 $113,400
2022 $7,486 $164,100 $50,700 $113,400
2021 $7,414 $164,100 $50,700 $113,400
2020 $7,273 $164,100 $50,700 $113,400
2019 $7,135 $164,100 $50,700 $113,400
2018 $6,991 $164,100 $50,700 $113,400
2017 $6,787 $164,100 $50,700 $113,400
2016 $6,597 $164,100 $50,700 $113,400
2015 $6,369 $164,100 $50,700 $113,400
2014 $6,278 $164,100 $50,700 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001235777

Bright MLS

APN: 23-00004-02-00039

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