$321,000
SOLD NOV 11, 2024

602 Otter Branch Dr Magnolia, NJ 08049

3 Beds
1 Bath
1,124 Sq Ft
5,994 Sq Ft Lot

Recently Sold

$286 Per Sq Ft

11% Above List Price

7 Days on Market

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 2024

Welcome 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

Timothy Kerr

(609) 870-4369 timkerrjr@gmail.com Real Broker, LLC License #0568781 Listed on: 10/10/2024

Real Broker, LLC

Last Buyer's Agent

Margaret Amaradio

(609) 970-1899 margaret.amaradio@foxroach.com Weichert Realtors-Haddonfield License #1537826

Weichert Realtors-Haddonfield

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,154

Year Built

Built in 1960

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: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome 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.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Washer, Dryer
  • Flooring Type: Laminate Plank, Ceramic Tile
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1124
  • Living Area Sq Ft: 1124
  • Price Per Sq Ft: 285.59
  • Above Grade Finished Sq Ft: 1124
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 602

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • 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: Electric
  • 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 E.S.
  • Middle School: MAGNOLIA
  • High School: STERLING H.S.
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396990
  • School District Source: Listing Agent
  • Elementary School: MAGNOLIA E.S.
  • High School: STERLING H.S.
  • Middle Or Junior School: MAGNOLIA

Green Features

  • Green Power: Pv Solar Array(s) Leased

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 56.00 x 107.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5994.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent, Very Good, Good
  • Year Assessed: 2023
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6154.00
  • Assessor Parcel Number: 23-00008 10-00013
  • Tax Lot: 00013
  • Tax Total Finished Sq Ft: 1124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/11/2024

MLS Schools

  • School District Name: STERLING HIGH

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
$322,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,164
Avg. Annual Appreciation
0.39%
Original Mortgage
$256,800
Interest Rate
6.72%
Mortgage Type
New Conventional
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 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 List to Sale Price per Sq Ft
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

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 $6,309 $131,400 $42,900 $88,500
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

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Map

Source: Bright MLS

MLS Number: NJCD2077588

Bright MLS

APN: 23-00008-10-00013