NOT LISTED FOR SALE

603 Otter Branch Dr Magnolia, NJ 08049

Estimated Value: $340,000 - $376,000

3 Beds
1.5 Baths
-- Sq Ft
8,460 Sq Ft Lot

Last Sold March 25, 2019

Last sale price $184,000

Est. 97% increase in value since last sale

Current estimated payment $2,674/month

Highlights

  • In Ground Pool
  • No HOA
  • Living Room
  • Colonial Architecture
  • 1 Car Attached Garage
  • 2-minute walk to Billy Tavener Park

About This Home

As of March 2019

Beautifully Updated home with 3 bedrooms, 1.5 baths. This home was recently updated with new kitchen, stainless steel appliances, new cabinets, granite counter tops and all new floors thru out. First floor offers large living room and dining room combination with LVP flooring, eat-in kitchen, laundry room with brand-new HVAC system, family room addition with re-finished hardwood floors. Second floor offers 3 nice size bedrooms, master with dressing area. All new carpet on the second floor. The interior of the home all freshly painted with neutral color. The exterior offers new roof, freshly painted siding, in-ground pool with new lining and updated equipment. This is a great property to call "your home". This is a Fannie Mae Homepath property!

Last Agent to Sell the Property

Hakan Karahan

(609) 868-6888 hakankarahan@hakankarahan.com HomeSmart First Advantage Realty License #9693664 Listed on: 01/28/2019

HomeSmart First Advantage Realty

Last Buyer's Agent

Michele Kovalchek

(609) 315-1150 michele.kovalchek@foxroach.com BHHS Fox & Roach - Haddonfield License #8061299

BHHS Fox & Roach - Haddonfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,013

Year Built

  • Built in 1993

Lot Details

  • 8,460

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Additional Features

  • In Ground Pool
  • 8,460 Sq Ft Lot
  • 90% Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00013
  • Assessor Parcel Number 23-00008 11-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,013

Year Built

Built in 1993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1993
  • Remarks Public: Beautifully Updated home with 3 bedrooms, 1.5 baths. This home was recently updated with new kitchen, stainless steel appliances, new cabinets, granite counter tops and all new floors thru out. First floor offers large living room and dining room combination with LVP flooring, eat-in kitchen, laundry room with brand-new HVAC system, family room addition with re-finished hardwood floors. Second floor offers 3 nice size bedrooms, master with dressing area. All new carpet on the second floor. The interior of the home all freshly painted with neutral color. The exterior offers new roof, freshly painted siding, in-ground pool with new lining and updated equipment. This is a great property to call "your home". This is a Fannie Mae Homepath property!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Slab, Crawl Space
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 603

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 90% Forced Air
  • Heating: Yes
  • 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
  • School District Key: 300200396990
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 142000.00
  • Land Assessed Value: 46100.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8460.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898718
  • Tax Annual Amount: 8013.00
  • Assessor Parcel Number: 23-00008 11-00013
  • Tax Lot: 00013
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/25/2019

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 22, 2019
Sold by
Fannie Mae
Bought by
Lynch Kyle P
Seller's Agent
Hakan Karahan
HomeSmart First Advantage Realty
Buyer's Agent
Michele Kovalchek
BHHS Fox & Roach - Haddonfield
List Price
$194,900
Sold Price
$184,000
Premium/Discount to List
-$10,900
-5.59%
Current Estimated Value
$363,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,369
Avg. Annual Appreciation
10.90%
Original Mortgage
$178,480
Outstanding Balance
$156,595
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$206,774

Purchase Details

Closed on
Apr 24, 2018
Sold by
Beckett Karl F
Bought by
Fedreal National Mortgage Associton

Purchase Details

Closed on
Oct 28, 1993
Sold by
R & & V Inc
Bought by
Adonis Homes and Beckett Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lynch Kyle P $184,000 Tri County Title Svcs Llc
Fedreal National Mortgage Associton -- None Available
Adonis Homes $33,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Kyle P $178,480
Previous Owner Adonis Homes $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2019 03/25/19 Sold $184,000 -5.6% --
02/07/2019 02/07/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $194,900 -- --
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 $9,031 $188,100 $46,100 $142,000
2024 $8,811 $188,100 $46,100 $142,000
2023 $8,811 $188,100 $46,100 $142,000
2022 $8,581 $188,100 $46,100 $142,000
2021 $8,498 $188,100 $46,100 $142,000
2020 $8,337 $188,100 $46,100 $142,000
2019 $8,179 $188,100 $46,100 $142,000
2018 $8,013 $188,100 $46,100 $142,000
2017 $7,780 $188,100 $46,100 $142,000
2016 $7,562 $188,100 $46,100 $142,000
2015 $7,300 $188,100 $46,100 $142,000
2014 $7,197 $188,100 $46,100 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Hakan Karahan

    Seller's Agent in 2019

    Hakan Karahan

    HomeSmart First Advantage Realty

    (609) 868-6888

    1 in this area

    271 Total Sales

    Hakan Karahan
    Section Image
  • Michele Kovalchek

    Buyer's Agent in 2019

    Michele Kovalchek

    BHHS Fox & Roach

    (609) 315-1150

    89 Total Sales

    Michele Kovalchek
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJCD303622

Bright MLS

APN: 23-00008-11-00013

New Jersey Camden County Magnolia 08049

603 Otter Branch Dr, Magnolia, NJ

This home is located at 603 Otter Branch Dr, Magnolia, NJ 08049 since 28 January 2019 and is currently estimated at $363,369. This property was built in 1993. 603 Otter Branch Dr is a home located in Camden County with nearby schools including Magnolia Elementary School, Sterling High School, and St. Teresa Regional School.

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