Seller's Agent in 2022
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
(908) 672-2055
29 in this area
740 Total Sales
738 Magnolia Ln Branchburg, NJ 08876
Branchburg Township NeighborhoodEstimated Value: $399,000 - $418,000
2
Beds
2
Baths
--
Sq Ft
$349/mo
HOA Fee
Highlights
- Private Pool
- Lake Privileges
- Tennis Courts
- Stony Brook School Rated A-
- Clubhouse
- Formal Dining Room
About This Home
As of December 2022Amazing privacy is yours in this totally turn-key, pristine ground level end unit in Cedar Brook at Branchburg. This two-bedroom, two full bath unit offers easy one floor living, good-sized rooms with plenty of windows for abundant natural light and nature views. The private entrance opens to a foyer with coat closet and engineered wood floors that continue into the expansive living room with divided light sliding door that opens to a covered patio overlooking a wooded setting. It is the perfect spot to enjoy morning coffee, alfresco meals, or tend a container garden. The large eat in kitchen is a recipe for success offering efficient, functional style for easy meal prep with tile flooring, counter and backsplash, a full set of appliances including a gas range, and pantry. Just right for candlelight, the dining room is perfect for special occasions of any size. Sizable primary bedroom with awesome fully outfitted walk-in closet and ensuite full bath with dual sink vanity, soaking tub and stall shower. The 2nd full bath offers a tub/shower and new vanity, mirror and light fixture. Rounding out the unit is the 2nd bedroom and a custom laundry room with lots of shelving for storage. Community living at its finest with amenities too including pool, tennis courts and clubhouse and an ideal location close to Route 22 and other major highways, NJ transit Raritan Valley line, shopping, dining and recreation at nearby Round Valley Reservoir.
Last Agent to Sell the Property
KELLER WILLIAMS TOWNE SQUARE REAL Brokerage Phone: 908-672-2055 Listed on: 10/10/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,898
Year Built
- Built in 1993
Lot Details
- 741
HOA Fees
- $349 Monthly HOA Fees
Home Design
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Living Room
- Formal Dining Room
- Laminate Flooring
- Laundry Room
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Gas Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Home Security
Parking
- Additional Parking
- Assigned Parking
Accessible Home Design
- Accessible Bedroom
Outdoor Features
- Lake Privileges
- Patio
Schools
- Somerville High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Standard Electricity
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2705-00017-0015-00007-0020-CONDO
- Tax Block *
Community Details
Overview
- Association fees include maintenance-exterior, snow removal, trash collection
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2022
Closed on
Dec 15, 2022
Sold by
Hyra Peter R and Hyra Kim
Bought by
Rueda Anna Maria
Seller's Agent
Michele Klug
KELLER WILLIAMS TOWNE SQUARE REAL
Buyer's Agent
Patrick Kelly
RE/MAX PREFERRED PROFESSIONALS
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Views
40
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
$105,875
Avg. Annual Appreciation
11.23%
Purchase Details
Listed on
Feb 15, 2012
Closed on
Feb 7, 2012
Sold by
Schultz Michelina A
Bought by
Eliasz Kim and Hyra Peter R
Seller's Agent
JANE NICASTRO
WEICHERT REALTORS
Buyer's Agent
Christina Duncan
EXP REALTY, LLC
Sold Price
$180,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$144,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2003
Sold by
Osborn Scott Leonard
Bought by
Schultz Michelina A
Purchase Details
Closed on
Dec 6, 1999
Sold by
Russell Cassandra
Bought by
Osborn Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
7.86%
Mortgage Type
FHA
Purchase Details
Closed on
May 12, 1997
Sold by
Palchanes Daniel
Bought by
Russell Cassandra
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
8.09%
Purchase Details
Closed on
Jul 12, 1993
Sold by
K Hovnanian At Branchburg Iii Inc
Bought by
Palchanes Daniel M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rueda Anna Maria | $305,000 | Old Republic National Title | |
| Rueda Anna Maria | $305,000 | Old Republic National Title | |
| Eliasz Kim | $180,000 | Core Title | |
| Schultz Michelina A | $233,000 | -- | |
| Osborn Scott | $120,000 | -- | |
| Russell Cassandra | $115,000 | -- | |
| Palchanes Daniel M | $111,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eliasz Kim | $144,000 | |
| Previous Owner | Osborn Scott | $116,400 | |
| Previous Owner | Russell Cassandra | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2022 12/15/22 | Sold | $305,000 | -3.2% | -- |
| 11/04/2022 11/04/22 | Pending | -- | -- | -- |
| 10/10/2022 10/10/22 | For Sale | $315,000 | +75.0% | -- |
| 02/15/2012 02/15/12 | Sold | $180,000 | -- | -- |
Source: Garden State 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 | $5,484 | $340,400 | $81,000 | $259,400 |
| 2024 | $5,484 | $304,000 | $81,000 | $223,000 |
| 2023 | $5,370 | $287,000 | $81,000 | $206,000 |
| 2022 | $4,798 | $243,700 | $81,000 | $162,700 |
| 2021 | $4,898 | $231,700 | $81,000 | $150,700 |
| 2020 | $4,920 | $229,600 | $77,000 | $152,600 |
| 2019 | $4,775 | $221,600 | $67,000 | $154,600 |
| 2018 | $4,571 | $211,500 | $55,000 | $156,500 |
| 2017 | $4,430 | $203,600 | $51,000 | $152,600 |
| 2016 | $4,393 | $200,600 | $46,000 | $154,600 |
| 2015 | $4,361 | $199,500 | $43,000 | $156,500 |
| 2014 | $4,309 | $199,500 | $41,000 | $158,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Klug
-
Patrick Kelly
Buyer's Agent in 2022
Patrick Kelly
RE/MAX
(908) 285-0321
13 in this area
183 Total Sales
-
J
Seller's Agent in 2012
JANE NICASTRO
WEICHERT REALTORS
-
Christina Duncan
Buyer's Agent in 2012
Christina Duncan
EXP REALTY, LLC
(908) 766-0085
10 in this area
236 Total Sales
Map
Source: Garden State MLS
MLS Number: 3811881
APN: 05-00017-15-00007-20-CONDO
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