NOT LISTED FOR SALE

704 W Madison Ave Magnolia, NJ 08049

Estimated Value: $257,000 - $294,000

2 Beds
1 Bath
750 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $255,000 $340 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,979/month

6 Days on Market

Highlights

  • No HOA
  • Living Room
  • En-Suite Primary Bedroom
  • Eat-In Kitchen
  • Bungalow
  • Electric Baseboard Heater

About This Home

As of November 2023

Solution Property!!!Location Location this home is situated in the heart of Magnolia!! When you enter you will not want to leave, 2 Bedrooms 1 Full Bath on one side of the home. Spacious living room and cute kitchen with new flooring. Surprise Surprise off the kitchen is an amazing room full of sunlight in the back of the home waiting for you to add your personal touch! Laundry located in clean huge basement! This home will not last call today to schedule your private tour!

Last Agent to Sell the Property

Staci Burns

Premisien Realty Solutions, LLC License #1540574 Listed on: 09/28/2023

Premisien Realty Solutions, LLC

Co-Listed By

DON LYMAN

HomeSmart First Advantage Realty License #1537265

Last Buyer's Agent

Michael Sclafani

RE/MAX Central - Manalapan License #0901283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,706

Year Built

  • Built in 1955

Lot Details

  • 6,000 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 750 Sq Ft Home
  • Property has 1 Level
  • Family Room
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 23-00008 03-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,706

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Basement
  • Total Sq Ft: 750
  • Living Area Sq Ft: 750
  • Price Per Sq Ft: 300.00
  • Above Grade Finished Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • 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: No
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • 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
  • Senior Community: No

Schools

  • School District: MAGNOLIA BOROUGH PUBLIC SCHOOLS
  • School District Key: 300200396856
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4706.00
  • Assessor Parcel Number: 23-00008 03-00004
  • Tax Lot: 00004
  • Tax Year: 2014
  • Close Date: 11/07/2023

MLS Schools

  • School District Name: MAGNOLIA BOROUGH PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 21, 2023
Sold by
Lyman Krista Dora and Lyman Daniel J
Bought by
Cordero Vincent M and Petskovych Veronika V
Seller's Agent
Staci Burns
Premisien Realty Solutions, LLC
Buyer's Agent
Michael Sclafani
RE/MAX Central - Manalapan
List Price
$225,000
Sold Price
$255,000
Premium/Discount to List
$30,000
13.33%
Views
258
Current Estimated Value
$278,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,992
Avg. Annual Appreciation
4.98%
Original Mortgage
$250,381
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2017
Sold by
Lyman Krista D and Lyman Kristadora Lyman
Bought by
Lyman Krista D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Listed on
Nov 15, 2014
Closed on
Feb 24, 2015
Sold by
Fulton Sharon E
Bought by
Lynman Krista Dora
Seller's Agent
Daniel West
EXP Realty, LLC
Buyer's Agent
PATRICIA CASSIDY
Long & Foster Real Estate, Inc.
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$77,752
Interest Rate
3.67%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Andjel Glenn E
Bought by
Fulton Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cordero Vincent M $255,000 Fidelity National Title
Cordero Vincent M $255,000 Fidelity National Title
Lyman Krista D -- --
Lynman Krista Dora $87,000 Infinity Title Agency
Fulton Sharon E $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordero Vincent M $251,922
Closed Cordero Vincent M $250,381
Previous Owner Lyman Krista D --
Previous Owner Kgparts Properties Llc $68,800
Previous Owner Lyman Krista Dora $77,752
Previous Owner Lynman Krista Dora $77,752
Previous Owner Fulton Sharon E $22,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $255,000 +13.3% $340 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $225,000 +158.6% $300 / Sq Ft
02/27/2015 02/27/15 Sold $87,000 -3.2% $116 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $89,900 -- $120 / 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 $5,905 $123,000 $43,200 $79,800
2024 $5,761 $123,000 $43,200 $79,800
2023 $5,761 $123,000 $43,200 $79,800
2022 $5,611 $123,000 $43,200 $79,800
2021 $5,557 $123,000 $43,200 $79,800
2020 $5,451 $123,000 $43,200 $79,800
2019 $5,348 $123,000 $43,200 $79,800
2018 $5,240 $123,000 $43,200 $79,800
2017 $5,087 $123,000 $43,200 $79,800
2016 $4,945 $123,000 $43,200 $79,800
2015 $4,774 $123,000 $43,200 $79,800
2014 $4,706 $123,000 $43,200 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCD2055874

Bright MLS

APN: 23-00008-03-00004