611 Otter Branch Dr Magnolia, NJ 08049
3
Beds
1
Bath
960
Sq Ft
1960
Built
Highlights
- Above Ground Pool
- Rambler Architecture
- Attic
- Deck
- Wood Flooring
- 1-minute walk to Billy Tavener Park
About This Home
As of February 2022Welcome home to the heart of Magnolia! This 3 bedroom rancher is located on almost half an acre of zyosia grass, backing up to trees and a stone throw away from the community center. It has been well cared for featuring full kitchen with separate dining, original hardwood floors throughout the dining room, living room, bedrooms and hallway under the carpet, finished basement with secret shelf door entry to the workshop, oversized garage and new 12x12 deck for entertaining. Refrigerator is 2 yrs young, dishwasher and washer were replaced within the last year and the hot water heater is 4 yrs old. HVAC system has been serviced yearly. Radon mitigation system was installed in 2012. Attic runs the length of the rancher and partially floored for great storage. Only thing left to do is move in. This one wont last!
Last Agent to Sell the Property
BHHS Fox & Roach-Washington-Gloucester License #2079409 Listed on: 01/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,071
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 121.00 x 146.00
- Back and Front Yard
- Subdivision Possible
Home Design
- Rambler Architecture
- Block Foundation
- Frame Construction
- Pitched Roof
Interior Spaces
- 960 Sq Ft Home
- Property has 1 Level
- Family Room
- Living Room
- Dining Room
- Attic
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Electric Oven or Range
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Above Ground Pool
- Deck
- Patio
- Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Water Heater
Community Details
- No Home Owners Association
- Magnolia Gardens Subdivision
Listing and Financial Details
- Tax Lot 00017
- Assessor Parcel Number 23-00008 11-00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2022
Closed on
Feb 18, 2022
Sold by
Magill and Justin
Bought by
Vazquez Efrain Torres
Seller's Agent
Gina Marrone
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Bob Powell
Weichert Realtors-Turnersville
List Price
$239,000
Sold Price
$251,000
Premium/Discount to List
$12,000
5.02%
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
$74,433
Avg. Annual Appreciation
6.58%
Original Mortgage
$229,853
Outstanding Balance
$216,664
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$97,819
Purchase Details
Listed on
Feb 11, 2012
Closed on
May 25, 2012
Sold by
Lovern Elaine R
Bought by
Magill Melissa and Magill Justin
Seller's Agent
LEANNE ZAWROTNY
Weichert Realtors-Marlton
Buyer's Agent
LAURA ODLAND
BHHS Fox & Roach-Marlton
List Price
$174,900
Sold Price
$168,000
Premium/Discount to List
-$6,900
-3.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$151,210
Interest Rate
3.76%
Mortgage Type
FHA
Similar Homes in Magnolia, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $251,000 | Fidelity National Title | |
| Bargain Sale Deed | $154,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,853 | New Conventional | |
| Previous Owner | $132,500 | New Conventional | |
| Previous Owner | $151,210 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2022 02/18/22 | Sold | $251,000 | +5.0% | $261 / Sq Ft |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- |
| 01/05/2022 01/05/22 | For Sale | $239,000 | +42.3% | $249 / Sq Ft |
| 05/25/2012 05/25/12 | Sold | $168,000 | -3.9% | -- |
| 04/04/2012 04/04/12 | Pending | -- | -- | -- |
| 02/11/2012 02/11/12 | For Sale | $174,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $7,610 | $158,500 | $54,600 | $103,900 |
| 2024 | $7,424 | $158,500 | $54,600 | $103,900 |
| 2023 | $7,424 | $158,500 | $54,600 | $103,900 |
| 2022 | $7,140 | $156,500 | $54,600 | $101,900 |
| 2021 | $7,071 | $156,500 | $54,600 | $101,900 |
| 2020 | $6,936 | $156,500 | $54,600 | $101,900 |
| 2019 | $6,805 | $156,500 | $54,600 | $101,900 |
| 2018 | $6,667 | $156,500 | $54,600 | $101,900 |
| 2017 | $6,473 | $156,500 | $54,600 | $101,900 |
| 2016 | $6,291 | $156,500 | $54,600 | $101,900 |
| 2015 | $6,074 | $156,500 | $54,600 | $101,900 |
| 2014 | $5,988 | $156,500 | $54,600 | $101,900 |
Source: Public Records
Agents Affiliated with this Home
-
Gina Marrone
Seller's Agent in 2022
Gina Marrone
BHHS Fox & Roach
(856) 229-5375
1 in this area
87 Total Sales
-
Bob Powell
Buyer's Agent in 2022
Bob Powell
Weichert Corporate
(609) 364-3329
1 in this area
8 Total Sales
-
L
Seller's Agent in 2012
LEANNE ZAWROTNY
Weichert Realtors-Marlton
-
LAURA ODLAND
Buyer's Agent in 2012
LAURA ODLAND
BHHS Fox & Roach
(609) 504-8313
10 Total Sales
Map
Source: Bright MLS
MLS Number: NJCD2015082
APN: 23-00008-11-00017
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