602 Otter Branch Dr Magnolia, NJ 08049
3
Beds
1
Bath
1,124
Sq Ft
5,994
Sq Ft Lot
Highlights
- Deck
- No HOA
- Solar owned by a third party
- Rambler Architecture
- Stainless Steel Appliances
- 2-minute walk to Billy Tavener Park
About This Home
As of November 2024Welcome to this gorgeous Rancher style home in one of Magnolia’s most desirable neighborhoods! From the moment you arrive, you’ll be captivated by the beautiful curb appeal. Step inside and discover a welcoming living room featuring stunning wide plank hardwood flooring, neutral paint colors, crown molding, and a cozy gas fireplace. It's the perfect space for relaxation. The updated eat-in kitchen and dining area are simply breathtaking, boasting two-tone shaker cabinets, sleek Quartz countertops, a stylish tile backsplash, stainless steel appliances, and premium fixtures that elevate the space. Down the hall, you’ll find three spacious bedrooms, each offering comfort and charm, along with a beautifully updated full bathroom. A sliding glass door leads to your private deck, overlooking a lovely backyard ideal for entertaining or quiet outdoor moments. Additional recent updates include a newer HVAC system, ensuring comfort and peace of mind. The location is excellent providing easy access to the Black Horse Pike, Route 42, and the NJ Turnpike, making commutes to Philadelphia and the Jersey Shore a breeze. Don’t miss your chance to call this stunning property home! Contact us today to schedule your VIP tour.
Last Agent to Sell the Property
Real Broker, LLC License #0568781 Listed on: 10/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,154
Year Built
- Built in 1960
Lot Details
- 5,994 Sq Ft Lot
- Lot Dimensions are 56.00 x 107.00
- Property is in excellent condition
Parking
- Driveway
Home Design
- Rambler Architecture
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,124 Sq Ft Home
- Property has 1 Level
- Stainless Steel Appliances
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Eco-Friendly Details
- Solar owned by a third party
Outdoor Features
- Deck
- Shed
Schools
- Magnolia Elementary School
- Magnolia Middle School
- Sterling High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Magnolia Gardens Subdivision
Listing and Financial Details
- Tax Lot 00013
- Assessor Parcel Number 23-00008 10-00013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 13, 2024
Sold by
Lingle Kenneth Robert and Lingle Doris C
Bought by
Favretto-John Rosalie
Seller's Agent
Timothy Kerr
Real Broker, LLC
Buyer's Agent
Margaret Amaradio
Weichert Realtors-Haddonfield
List Price
$290,000
Sold Price
$321,000
Premium/Discount to List
$31,000
10.69%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,400
Avg. Annual Appreciation
-0.47%
Original Mortgage
$256,800
Interest Rate
6.72%
Mortgage Type
New Conventional
Similar Homes in Magnolia, NJ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $321,000 | Weichert Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $256,800 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/11/2024 11/11/24 | Sold | $321,000 | 0.0% | $286 / Sq Ft |
| 10/23/2024 10/23/24 | Price Changed | $321,000 | +10.7% | $286 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $290,000 | -- | $258 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,155 | $131,400 | $42,900 | $88,500 |
| 2023 | $6,155 | $131,400 | $42,900 | $88,500 |
| 2022 | $5,994 | $131,400 | $42,900 | $88,500 |
| 2021 | $5,458 | $131,400 | $42,900 | $88,500 |
| 2020 | $5,824 | $131,400 | $42,900 | $88,500 |
| 2019 | $5,713 | $131,400 | $42,900 | $88,500 |
| 2018 | $5,598 | $131,400 | $42,900 | $88,500 |
| 2017 | $5,435 | $131,400 | $42,900 | $88,500 |
| 2016 | $5,282 | $131,400 | $42,900 | $88,500 |
| 2015 | $5,100 | $131,400 | $42,900 | $88,500 |
| 2014 | $5,027 | $131,400 | $42,900 | $88,500 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Kerr
Seller's Agent in 2024
Timothy Kerr
Real Broker, LLC
(609) 870-4369
4 in this area
442 Total Sales
-
Margaret Amaradio
Buyer's Agent in 2024
Margaret Amaradio
Weichert Corporate
(609) 970-1899
1 in this area
21 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2077588
APN: 23-00008-10-00013
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