$214,000
SOLD JAN 15, 2015
2 Beds
2 Baths
-- Sq Ft
436 Sq Ft Lot

Recently Sold

0 Day on Market

About This Home

As of July 2017

This home is located at 724 Magnolia Ln, Branchburg, NJ 08876 and is currently priced at $214,000. This property was built in 1993. 724 Magnolia Ln is a home located in Somerset County with nearby schools including Whiton Elementary School, Stony Brook School, and Branchburg Central Middle School.

Last Agent to Sell the Property

KERRY CAHILL-DEFUCCIO

WEICHERT REALTORS Brokerage Phone: 908-735-8140 Listed on: 01/15/2015

Last Buyer's Agent

Catherine Rickards

RE/MAX OUR TOWN

RE/MAX OUR TOWN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1993

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,509

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Year Built: 1993
  • County Name: Somerset
  • Street Number Display: 724
  • I D: 4492962
  • Modified: 2021-09-23
  • Number Images: 1
  • Attribution Contact: 908-735-8140
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Bathrooms: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Jun 20, 2017
Sold by
Majewski Kimbertly J
Bought by
Albrecht Joseph and Albrecht Stefanie
Seller's Agent
Catherine Rickards
RE/MAX OUR TOWN
Buyer's Agent
LAUREN MOLINARO
COLDWELL BANKER REALTY
List Price
$245,000
Sold Price
$241,000
Premium/Discount to List
-$4,000
-1.63%
Current Estimated Value
$421,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,038
Avg. Annual Appreciation
7.01%
Original Mortgage
$228,950
Outstanding Balance
$190,072
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$230,966

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jan 9, 2015
Sold by
Schnaudt David and Schnaudt Alison
Bought by
Majewski Kimberly J
Seller's Agent
KERRY CAHILL-DEFUCCIO
WEICHERT REALTORS
Buyer's Agent
Catherine Rickards
RE/MAX OUR TOWN
Sold Price
$214,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$171,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Gibbs Leah
Bought by
Schnaudt David and Schnaudt Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
6.7%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Vernick Jonathan R
Bought by
Gibbs Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.3%

Purchase Details

Closed on
Jul 28, 2001
Sold by
Torpey Kevin
Bought by
Vernick Jonathan and Rao Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,460
Interest Rate
7.16%

Purchase Details

Closed on
May 3, 1996
Sold by
Sutton Sandra
Bought by
Torpey Kevin and Torpey Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.82%

Purchase Details

Closed on
Jul 15, 1993
Sold by
K Hovnanian At Branchburg Iii Inc
Bought by
Sutton James D and Simanski,J Sandra
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 Type Sale Price Title Company
Deed $241,000 Nrt Title Agency Llc
Deed $214,000 Spring Valley Title Agency
Deed $296,000 --
Deed $260,000 --
Deed $182,000 --
Deed $121,500 --
Deed $116,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,950 New Conventional
Previous Owner $171,200 New Conventional
Previous Owner $236,800 No Value Available
Previous Owner $208,000 No Value Available
Previous Owner $187,460 No Value Available
Previous Owner $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $241,000 -1.6% $177 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $245,000 +14.5% $180 / Sq Ft
01/15/2015 01/15/15 Sold $214,000 -- --
Source: Garden State 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 $5,509 $346,100 $81,000 $265,100
2024 $5,509 $305,400 $81,000 $224,400
2023 $5,411 $289,200 $81,000 $208,200
2022 $5,066 $257,300 $81,000 $176,300
2021 $4,970 $235,100 $81,000 $154,100
2020 $4,978 $232,300 $81,000 $151,300
2019 $4,982 $231,200 $78,000 $153,200
2018 $4,780 $221,200 $66,000 $155,200
2017 $4,620 $212,300 $61,000 $151,300
2016 $4,516 $206,200 $53,000 $153,200
2015 $4,442 $203,200 $48,000 $155,200
2014 $4,387 $203,100 $46,000 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3183717

Garden State MLS

APN: 05-00017-15-00007-13-CONDO