NOT LISTED FOR SALE

621 Otter Branch Dr Magnolia, NJ 08049

Estimated Value: $295,000 - $319,000

2 Beds
2 Baths
1,169 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $138,000 $118 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,178/month

58 Days on Market

Highlights

  • Rambler Architecture
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Patio
  • 1-minute walk to Billy Tavener Park

About This Home

As of September 2012

The pride of Magnolia in a beautiful wooded location is the best in one floor living. This home features newer nuetral paint ,newer carpet, pergo flooring and crown molding. The kitchen features newer cabinets corian counter tops, garbage disposal, dishwasher and gas range. The heater and air are 7 years new. The rear 22x 15 patio concrete patio is a great place to barbacue and boasts a private wooded setting and newer vinyl fencing. The master bedroom is quite spacious and features its own full bath and jaccuzi tub. The second bedroom is a comfortable spot. The 15x10 den features surround sound a great place to relax. A home you would be proud to call your own.

Last Agent to Sell the Property

Alvin Olson

alolsoncentury21hearst@gmail.com HomeSmart First Advantage Realty Listed on: 06/29/2012

Last Buyer's Agent

Nicole Nicholson

(856) 495-6034 nicole@c21nicholson.com Century 21 Nicholson License #9332983

Century 21 Nicholson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1962

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 45x130

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

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 00022
  • Assessor Parcel Number 23-00008 11-00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1169
  • Living Area Sq Ft: 1169
  • Net Sq Ft: 1169.00
  • Price Per Sq Ft: 123.95
  • Above Grade Finished Sq Ft: 1169
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • 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 Type: Central A/C
  • 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

Lot Info

  • Improvement Assessed Value: 58700.00
  • Land Assessed Value: 26700.00
  • Lot Size Acres: 0.15
  • Lot Dimensions: 45X130
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6600.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1898727
  • Tax Annual Amount: 4972.00
  • Assessor Parcel Number: 23-00008 11-00022
  • Tax Lot: 00022
  • Tax Year: 2011

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Sep 28, 2012
Sold by
Fagan Charles T and Fagan Patricia A
Bought by
Brooks John S
Seller's Agent
Alvin Olson
HomeSmart First Advantage Realty
Buyer's Agent
Nicole Nicholson
Century 21 Nicholson
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%
Current Estimated Value
$310,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,479
Avg. Annual Appreciation
6.34%
Original Mortgage
$135,500
Outstanding Balance
$94,182
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$216,297

Purchase Details

Closed on
Oct 30, 1997
Sold by
Getz Thomas A
Bought by
Fagan Charles T and Fagan Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brooks John S $138,000 Group 21 Title Agency
Fagan Charles T $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks John S $135,500
Previous Owner Fagan Charles T $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $138,000 -4.8% $118 / Sq Ft
06/29/2012 06/29/12 For Sale $144,900 -- $124 / 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 $6,592 $137,300 $42,900 $94,400
2024 $6,431 $137,300 $42,900 $94,400
2023 $6,431 $137,300 $42,900 $94,400
2022 $6,264 $137,300 $42,900 $94,400
2021 $6,203 $137,300 $42,900 $94,400
2020 $6,085 $137,300 $42,900 $94,400
2019 $5,970 $137,300 $42,900 $94,400
2018 $5,849 $137,300 $42,900 $94,400
2017 $5,679 $137,300 $42,900 $94,400
2016 $5,519 $137,300 $42,900 $94,400
2015 $5,329 $137,300 $42,900 $94,400
2014 $5,253 $137,300 $42,900 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004016994

Bright MLS

APN: 23-00008-11-00022