NOT LISTED FOR SALE

518 Ashland Ave Magnolia, NJ 08049

Estimated Value: $223,000 - $301,000

2 Beds
1 Bath
1,068 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $186,000 $174 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,809/month

28 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Dining Area
  • Traditional Floor Plan
  • Forced Air Heating and Cooling System
  • Back Yard

About This Home

As of March 2022

WE HAVE MULTIPLE OFFERS AND ARE ASKING FOR BEST AND FINAL FOR TONIGHT 1/15/22 BY 6PM.

Welcome Home! Come see this immaculate 2 bedroom, 1 bath home centrally located in Magnolia. This beautiful home is ready for someone to move right and enjoy. The first floor has a cozy covered front porch, living room, dining room, full bath, kitchen, sun room and deck. Upstairs has 2 generous sized bedrooms with ample closet space. The basement has plenty of storage space along with the laundry area. Located minutes from Rt 30 for an easy commute to major highways. Schedule your showing today.

Last Agent to Sell the Property

Alanna Williams

Liberty Listed on: 12/20/2021

Co-Listed By

David Williams

Liberty

Last Buyer's Agent

Cris Balkam

Real Broker, LLC License #1758285

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 1925

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50.00 x 150.00
  • Back Yard
  • Property is zoned RESENDENTIAL

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,068 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

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

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,934

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: all personal property
  • Home Warranty: No
  • Inclusions: all appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Remarks Public: WE HAVE MULTIPLE OFFERS AND ARE ASKING FOR BEST AND FINAL FOR TONIGHT 1/15/22 BY 6PM. Welcome Home! Come see this immaculate 2 bedroom, 1 bath home centrally located in Magnolia. This beautiful home is ready for someone to move right and enjoy. The first floor has a cozy covered front porch, living room, dining room, full bath, kitchen, sun room and deck. Upstairs has 2 generous sized bedrooms with ample closet space. The basement has plenty of storage space along with the laundry area. Located minutes from Rt 30 for an easy commute to major highways. Schedule your showing today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 1068
  • Living Area Sq Ft: 1068
  • Price Per Sq Ft: 168.54
  • Above Grade Finished Sq Ft: 1068
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: STERLING HIGH
  • 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: 300200396990
  • School District Source: 3rd Party
  • Elementary School: MAGNOLIA
  • High School: STERLING
  • Middle Or Junior School: MAGNOLIA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 70900.00
  • Land Assessed Value: 38300.00
  • Lot Features: Rear Yard
  • Lot Size Acres: 0.17
  • Lot Dimensions: 50.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Year Assessed: 2021
  • Zoning: RESENDENTIAL

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898111
  • Tax Annual Amount: 4934.00
  • Assessor Parcel Number: 23-00004-00004
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 1068
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/01/2022

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Mar 30, 2022
Sold by
Stith Salimah A
Bought by
Simpson Nakeem S
Seller's Agent
Alanna Williams
Liberty
Buyer's Agent
Cris Balkam
Real Broker, LLC
List Price
$180,000
Sold Price
$186,000
Premium/Discount to List
$6,000
3.33%
Current Estimated Value
$250,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,603
Avg. Annual Appreciation
9.22%
Original Mortgage
$182,631
Outstanding Balance
$173,810
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$78,555

Purchase Details

Closed on
Nov 29, 2007
Sold by
Jackson Lamont
Bought by
Stith Salimar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2000
Sold by
Federal Housing Administration
Bought by
Alicea Edgar A and Alicea Alma I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
8.21%
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
Simpson Nakeem S $186,000 Dpnpugh Clyde J
Stith Salimar A $159,000 --
Alicea Edgar A $28,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Nakeem S $182,631
Previous Owner Stith Salimar A $169,000
Previous Owner Alicea Edgar A $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $186,000 +3.3% $174 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $180,000 0.0% $169 / Sq Ft
12/30/2021 12/30/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $180,000 -- $169 / 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 $5,243 $109,200 $38,300 $70,900
2024 $5,115 $109,200 $38,300 $70,900
2023 $5,115 $109,200 $38,300 $70,900
2022 $4,982 $109,200 $38,300 $70,900
2021 $4,934 $109,200 $38,300 $70,900
2020 $4,840 $109,200 $38,300 $70,900
2019 $4,748 $109,200 $38,300 $70,900
2018 $4,652 $109,200 $38,300 $70,900
2017 $4,517 $109,200 $38,300 $70,900
2016 $4,390 $109,200 $38,300 $70,900
2015 $4,238 $109,200 $38,300 $70,900
2014 $4,178 $109,200 $38,300 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2013880

Bright MLS

APN: 23-00004-0000-00004