$26,000
SOLD OCT 26, 2018

7400 Magnolia Dr Millville, NJ 08332

3 Beds
2 Baths
1,407 Sq Ft
0.6 Acres

Recently Sold

$18 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry Room
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of January 2021

Large Bungalow on corner lot, lots of potential here for the handy buyer. VA owned property being sold AS IS! Home needs to be rehabbed. Buyer shall be responsible for all certifications, well, septic, termite, fire and C/O inspections. Ideal for investor or a fix and flip. This property may qualify for Seller Financing (Vendee) Property was built prior to 1978 and lead based paint may potentially exist.

Last Agent to Sell the Property

Michele Jackson

PLATINUM REAL ESTATE Listed on: 09/06/2018

PLATINUM REAL ESTATE

Last Buyer's Agent

Michele Jackson

PLATINUM REAL ESTATE Listed on: 09/06/2018

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1955

Lot Details

  • Fenced
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Dining Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Laurel Lake Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,723

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Age: 25+ Years
  • Lvt Date: 09/06/2018
  • Year Built: 1955
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Vinyl, W/W Carpet
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Needs Work, Paved Road
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Gravel
  • Garage: Two Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 196x88x97Irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 21, 2021
Sold by
Allison Simone
Bought by
Gray Harley and Gray Stephanie J
Seller's Agent
Michele Jackson
PLATINUM REAL ESTATE
Buyer's Agent
Stacey Welsh
GRUBER REAL ESTATE AGENCY INC
List Price
$145,000
Sold Price
$146,900
Premium/Discount to List
$1,900
1.31%
Current Estimated Value
$241,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,058
Avg. Annual Appreciation
10.70%
Original Mortgage
$148,383
Outstanding Balance
$134,007
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$100,037

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 19, 2018
Sold by
Usa Va
Bought by
Simons Allison
Seller's Agent
Michele Jackson
PLATINUM REAL ESTATE
Buyer's Agent
Michele Jackson
PLATINUM REAL ESTATE
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.64%

Purchase Details

Closed on
Jul 24, 2018
Sold by
Austino Robert A
Bought by
Usa Va

Purchase Details

Closed on
Jan 26, 2014
Sold by
Coffman Kelly Ann
Bought by
Coffman Larry Wade

Purchase Details

Closed on
May 11, 2007
Sold by
Coffman Kelly Ann and Coffman Larry W
Bought by
Coffman Larry W and Coffman Kelly Ann
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 $146,900 None Available
Deed $26,000 --
Sheriffs Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,383 Stand Alone Refi Refinance Of Original Loan
Closed $148,383 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $146,900 +5.0% $104 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
11/29/2020 11/29/20 Price Changed $139,900 -3.5% $99 / Sq Ft
10/21/2020 10/21/20 For Sale $145,000 +457.7% $103 / Sq Ft
10/26/2018 10/26/18 Sold $26,000 0.0% $18 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $26,000 -- $18 / Sq Ft
Source: South Jersey Shore Regional 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 $4,723 $157,700 $42,000 $115,700
2024 $4,723 $157,700 $42,000 $115,700
2023 $4,666 $157,700 $42,000 $115,700
2022 $4,611 $157,700 $42,000 $115,700
2021 $4,542 $157,700 $42,000 $115,700
2020 $4,435 $157,700 $42,000 $115,700
2019 $4,110 $157,700 $42,000 $115,700
2018 $4,124 $157,700 $42,000 $115,700
2017 $3,968 $157,700 $42,000 $115,700
2016 $3,832 $157,700 $42,000 $115,700
2015 $3,862 $157,700 $42,000 $115,700
2014 $3,706 $157,700 $42,000 $115,700
Source: Public Records

Agents Affiliated with this Home

  • Michele Jackson

    Seller's Agent in 2021

    Michele Jackson

    PLATINUM REAL ESTATE

    (609) 641-3400

    1 in this area

    83 Total Sales

    Michele Jackson
    Section Image

  • S

    Buyer's Agent in 2021

    Stacey Welsh

    GRUBER REAL ESTATE AGENCY INC

    (856) 358-4300

    1 in this area

    4 Total Sales

    Stacey Welsh
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 510808

South Jersey Shore Regional MLS

APN: 02-00017-0000-04063

New Jersey Cumberland County Millville 08332

7400 Magnolia Dr, Millville, NJ

This home is located at 7400 Magnolia Dr, Millville, NJ 08332 and is currently priced at $26,000, approximately $18 per square foot. This property was built in 1955. 7400 Magnolia Dr is a home located in Cumberland County with nearby schools including Commercial Township School and Port Norris Elementary School.

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