$380,000
SOLD JUN 3, 2024

945 Magnolia Rd Unit 947 Vineland, NJ 08360

-- Bed
-- Bath
3,271 Sq Ft
0.52 Acres

Recently Sold

$116 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Brick Front
  • Property is in very good condition

About This Home

As of June 2024

NO FURTHER SHOWINGS Investor Alert - Welcome to 945-947 Magnolia Rd. Don't miss the opportunity to see this well maintained duplex located on quiet dead end street. Fully tenant occupied at the current time. Second, duplex at 935 Magnolia also available to purchase. See MLS #NJCB2017732

Last Agent to Sell the Property

Nancy Spinelli

Collini Real Estate LLC Listed on: 04/22/2024

Last Buyer's Agent

Eugene Kelley

Keller Williams Prime Realty

Keller Williams Prime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,417

Year Built

  • Built in 1989

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 90.00 x 252.00
  • Property is in very good condition

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Side-by-Side
  • Block Foundation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 3,271 Sq Ft Home
  • Carpet
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00029
  • Assessor Parcel Number 14-05804-00029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,417

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: NO FURTHER SHOWINGS Investor Alert - Welcome to 945-947 Magnolia Rd. Don't miss the opportunity to see this well maintained duplex located on quiet dead end street. Fully tenant occupied at the current time. Second, duplex at 935 Magnolia also available to purchase. See MLS #NJCB2017732
  • Special Features: None

Interior Features

  • Flooring Type: Carpet
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3271
  • Living Area Sq Ft: 3271
  • Price Per Sq Ft: 114.64
  • Above Grade Finished Sq Ft: 3271
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 945

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick Front
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

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

Schools

  • School District: CITY OF VINELAND BOARD OF EDUCATION
  • School District Key: 300200396115
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.52
  • Lot Dimensions: 90.00 x 252.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22682.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R3
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7417.00
  • Assessor Parcel Number: 14-05804-00029
  • Tax Lot: 00029
  • Tax Total Finished Sq Ft: 3271
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/03/2024

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 23, 2024
Sold by
P & B Development Co
Bought by
Morton Michael and Morton Taja
Seller's Agent
Nancy Spinelli
Collini Real Estate LLC
Buyer's Agent
Eugene Kelley
Keller Williams Prime Realty
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Total Days on Market
6
Views
16
Current Estimated Value
$419,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,126
Avg. Annual Appreciation
10.41%
Original Mortgage
$373,117
Outstanding Balance
$369,989
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$49,137

Purchase Details

Closed on
Aug 1, 2022
Sold by
Kejzman Realty Llc
Bought by
P & B Development Co

Purchase Details

Closed on
May 22, 1989
Bought by
Kejzman Enterprises Ltd
Source: Public Records

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Range of Values:

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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 $380,000 Foundation Title
Deed $720,000 Landis Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,117 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $380,000 +1.3% $116 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $375,000 -- $115 / 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
2024 $7,466 $234,500 $35,100 $199,400
2023 $7,417 $234,500 $35,100 $199,400
2022 $7,197 $234,500 $35,100 $199,400
2021 $7,065 $234,500 $35,100 $199,400
2020 $6,864 $234,500 $35,100 $199,400
2019 $6,770 $234,500 $35,100 $199,400
2018 $6,592 $234,500 $35,100 $199,400
2017 $6,261 $234,500 $35,100 $199,400
2016 $6,041 $234,500 $35,100 $199,400
2015 $5,818 $234,500 $35,100 $199,400
2014 $5,501 $234,500 $35,100 $199,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2017762

Bright MLS

APN: 14-05804-0000-00029