NOT LISTED FOR SALE

724 W Madison Ave Magnolia, NJ 08049

Estimated Value: $306,000 - $354,000

3 Beds
1.5 Baths
1,700 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $180,000 $106 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,421/month

175 Days on Market

Highlights

  • Rambler Architecture
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2019

Welcome to Magnolia, This large three bed one and a half bath is just waiting for you. Recently updated throughout, this rancher on a full basement has space and charm for everyone. The kitchen has upgraded cabinetry and granite countertops, newer stainless steel appliance package. Each room is accented nicely with neutral colors and crown molding. Down stairs you will find the finished basement with new ceramic tile flooring, half bath and laundry room and bonus storage closets. The HVAC and electrical were both also recently updated. Outback you have a fenced in yard, patio and a shed for storage. This home also benefits from having a solar panel system on the back half of the roof. It is move in ready and will go fast!

Last Agent to Sell the Property

Andrew Baus

BHHS Fox & Roach-Washington-Gloucester License #1433687 Listed on: 10/12/2018

BHHS Fox & Roach-Washington-Gloucester

Last Buyer's Agent

Jennifer Toal

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,007

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 60x100
  • Back and Front Yard
  • Property is in good condition

Home Design

  • Rambler Architecture
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Family Room
  • Living Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Basement

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Sterling High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 23-00008 03-00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,007

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: W/D
  • Inclusions: Appliances In As Is Condition
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Oven - Self Cleaning, Dishwasher, Disposal
  • Flooring Type: Wood, Fully Carpeted, Vinyl, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Kitchen - Eat-In
  • Window Features: Energy Efficient
  • Fireplace: No
  • Entry Location: Living Room
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room Count: 7
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Attic
  • Basement: Yes
  • Basement Type: Full
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 1700
  • Living Area Sq Ft: 1700
  • Price Per Sq Ft: 105.82
  • Above Grade Finished Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 724

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: STERLING HIGH
  • High School: STERLING
  • School District Key: 300200396990
  • High School: STERLING

Lot Info

  • Lot Features: Front Yard, Rear Yard
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60X100
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6000.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Good
  • Zoning: RES

Green Features

  • Green Remarks: HERS 90-100 Cert

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6007.00
  • Assessor Parcel Number: 23-00008 03-00024
  • Tax Lot: 00024
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 04/25/2019

MLS Schools

  • School District Name: STERLING HIGH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jun 10, 2019
Sold by
Edwards Nicole A
Bought by
Feraoun Nassim and Khellaf Ouerdia
Seller's Agent
Andrew Baus
BHHS Fox & Roach-Washington-Gloucester
Buyer's Agent
Jennifer Toal
EXP Realty, LLC
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$335,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,259
Avg. Annual Appreciation
10.24%
Original Mortgage
$172,812
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 6, 2016
Sold by
Purdue Steven C
Bought by
Edwards Nicole A
Seller's Agent
Derek Eisenberg
Continental Real Estate Group
Buyer's Agent
LOUIS VISCO
Garden State Properties Group - Medford
List Price
$170,000
Sold Price
$173,500
Premium/Discount to List
$3,500
2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$170,356
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 23, 2012
Closed on
Mar 28, 2013
Sold by
Miller David and Miller Amy
Bought by
Purdue Steven C
Seller's Agent
Catherine Williams
Weichert Realtors - Moorestown
Buyer's Agent
Joseph Profeta
RE/MAX Associates - Sewell
List Price
$189,000
Sold Price
$154,000
Premium/Discount to List
-$35,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$151,210
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Feraoun Nassim $180,000 Foundation Title Llc
Edwards Nicole A -- Southern United Title Agency
Purdue Steven C $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feraoun Nassim $170,946
Closed Feraoun Nassim $172,812
Previous Owner Edwards Nicole A $170,356
Previous Owner Purdue Steven C $151,210
Previous Owner Miller David G $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $180,000 +0.1% $106 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
10/03/2018 10/03/18 For Sale $179,900 +3.7% $106 / Sq Ft
06/06/2016 06/06/16 Sold $173,500 +2.1% $102 / Sq Ft
04/19/2016 04/19/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $170,000 +10.4% $100 / Sq Ft
04/12/2013 04/12/13 Sold $154,000 -0.6% $169 / Sq Ft
02/23/2013 02/23/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $154,900 -2.6% $170 / Sq Ft
01/02/2013 01/02/13 Price Changed $159,000 -0.6% $174 / Sq Ft
12/19/2012 12/19/12 Price Changed $159,900 -1.8% $175 / Sq Ft
09/23/2012 09/23/12 Price Changed $162,900 -1.8% $179 / Sq Ft
08/29/2012 08/29/12 Price Changed $165,900 -2.4% $182 / Sq Ft
07/12/2012 07/12/12 Price Changed $169,900 -2.9% $186 / Sq Ft
06/18/2012 06/18/12 Price Changed $174,900 -2.8% $192 / Sq Ft
05/14/2012 05/14/12 Price Changed $179,900 -4.8% $197 / Sq Ft
03/23/2012 03/23/12 For Sale $189,000 -- $207 / 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 $7,307 $152,200 $43,200 $109,000
2024 $7,129 $152,200 $43,200 $109,000
2023 $7,129 $152,200 $43,200 $109,000
2022 $6,943 $152,200 $43,200 $109,000
2021 $6,876 $152,200 $43,200 $109,000
2020 $6,746 $152,200 $43,200 $109,000
2019 $6,131 $141,000 $43,200 $97,800
2018 $6,007 $141,000 $43,200 $97,800
2017 $5,832 $141,000 $43,200 $97,800
2016 $5,668 $141,000 $43,200 $97,800
2015 $5,472 $141,000 $43,200 $97,800
2014 $5,395 $141,000 $43,200 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1009921540

Bright MLS

APN: 23-00008-03-00024