NOT LISTED FOR SALE

518 W Lincoln Ave Magnolia, NJ 08049

Estimated Value: $302,460 - $332,000

3 Beds
1 Bath
1,080 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $153,500 $142 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,252/month

5 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Central Air
  • Living Room
  • En-Suite Primary Bedroom
  • 4-minute walk to Richard Michielli Park

About This Home

As of June 2017

New on the market is this freshly renovated immaculate and adorable bungalow! This home is brightly lit with lots of natural light flowing in. Gorgeous all new kitchen includes new cabinets, granite counter tops, deep sink, subway tile backsplash and recessed lighting. Efficient and convenient all new stainless steel appliances range, microwave, refrigerator, and dishwasher satisfy your every need. Tastefully appointed brand new bathroom includes new subway tile tub surround, new vanity, new floor, and new all new fixtures. This move in ready gem has all new flooring, doors, windows, and carpeting that is sure to welcome you home. New high efficiency heating and cooling has been installed to assure maximum comfort year round. The freshly landscaped large corner yard features a jungle gym, shed, and fire pit with lots of room for entertaining. Schedule an appointment today to see this treasure it won't last long.

Last Agent to Sell the Property

Jim Bertino

HomeSmart First Advantage Realty Listed on: 05/24/2017

HomeSmart First Advantage Realty

Last Buyer's Agent

Karen Gunther

HomeSmart First Advantage Realty License #1431418

HomeSmart First Advantage Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1955

Lot Details

  • 6,916 Sq Ft Lot
  • Lot Dimensions are 52x133

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • Property has 1 Level
  • Living Room

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00016
  • Assessor Parcel Number 23-00008 15-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,989

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1955
  • Remarks Public: New on the market is this freshly renovated immaculate and adorable bungalow! This home is brightly lit with lots of natural light flowing in. Gorgeous all new kitchen includes new cabinets, granite counter tops, deep sink, subway tile backsplash and recessed lighting. Efficient and convenient all new stainless steel appliances range, microwave, refrigerator, and dishwasher satisfy your every need. Tastefully appointed brand new bathroom includes new subway tile tub surround, new vanity, new floor, and new all new fixtures. This move in ready gem has all new flooring, doors, windows, and carpeting that is sure to welcome you home. New high efficiency heating and cooling has been installed to assure maximum comfort year round. The freshly landscaped large corner yard features a jungle gym, shed, and fire pit with lots of room for entertaining. Schedule an appointment today to see this treasure it won't last long.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Living Area Units: Square Feet
  • Total Sq Ft: 1080
  • Living Area Sq Ft: 1080
  • Net Sq Ft: 1080.00
  • Price Per Sq Ft: 147.22
  • Above Grade Finished Sq Ft: 1080
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Access To Pool: No
  • 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: 1
  • Parking Features: Street
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • 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
  • School District Key: 300200396856

Lot Info

  • Improvement Assessed Value: 80200.00
  • Land Assessed Value: 43900.00
  • Lot Size Acres: 0.16
  • Lot Dimensions: 52X133
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6916.00
  • Property Attached Yn: No
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898793
  • Tax Annual Amount: 4989.00
  • Assessor Parcel Number: 23-00008 15-00016
  • Tax Lot: 00016
  • Tax Year: 2016
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 30, 2017
Sold by
Back To Life Homes Llc
Bought by
Larocca Cristine M
Seller's Agent
Jim Bertino
HomeSmart First Advantage Realty
Buyer's Agent
Karen Gunther
HomeSmart First Advantage Realty
List Price
$159,000
Sold Price
$153,500
Premium/Discount to List
-$5,500
-3.46%
Current Estimated Value
$312,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,115
Avg. Annual Appreciation
8.67%
Original Mortgage
$122,800
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2016
Closed on
Feb 17, 2017
Sold by
Residental Mortgage Loan Trust
Bought by
Back To Life Homes Inc
Seller's Agent
Thomas Raikes
ERA Statewide Realty-Medford
Buyer's Agent
Jim Bertino
HomeSmart First Advantage Realty
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1364.17%
Original Mortgage
$78,390
Interest Rate
4.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 30, 2015
Sold by
Vandusen Harry Hoover
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 24, 1997
Sold by
Musilli John R
Bought by
Dusen Harry Hoover Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.28%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Federal Housing Administration
Bought by
Musilli Keith
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
Larocca Cristine M $153,500 None Available
Back To Life Homes Inc $60,000 Clear Skies Title Agency
Us Bank National Association -- None Available
Dusen Harry Hoover Van $78,000 --
Musilli Keith $38,007 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larocca Cristine M $124,000
Closed Larocca Cristine M $124,000
Closed Larocca Cristine M $122,800
Previous Owner Back To Life Homes Inc $78,390
Previous Owner Mcnamee Helen Marie $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $153,500 -3.5% $142 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $159,000 +165.0% $147 / Sq Ft
02/24/2017 02/24/17 Sold $60,000 -13.7% $56 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $69,500 -4.1% $64 / Sq Ft
01/04/2017 01/04/17 Price Changed $72,500 -6.5% $67 / Sq Ft
12/13/2016 12/13/16 Price Changed $77,500 -3.0% $72 / Sq Ft
11/23/2016 11/23/16 For Sale $79,900 -- $74 / 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 $6,741 $140,400 $43,900 $96,500
2024 $6,576 $140,400 $43,900 $96,500
2023 $6,576 $140,400 $43,900 $96,500
2022 $6,405 $140,400 $43,900 $96,500
2021 $5,745 $140,400 $43,900 $96,500
2020 $6,223 $140,400 $43,900 $96,500
2019 $6,105 $140,400 $43,900 $96,500
2018 $5,981 $140,400 $43,900 $96,500
2017 $5,133 $124,100 $43,900 $80,200
2016 $4,989 $124,100 $43,900 $80,200
2015 $4,816 $124,100 $43,900 $80,200
2014 $4,748 $124,100 $43,900 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003185489

Bright MLS

APN: 23-00008-15-00016