$470,000
SOLD JUL 31, 2025

983 Magnolia Rd Unit 985 Vineland, NJ 08360

-- Bed
-- Bath
3,060 Sq Ft
0.48 Acres

Recently Sold

$154 Per Sq Ft

18% Below List Price

128 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of July 2025

Don't hesitate to see this well maintained duplex. Each unit has 2 bedrooms, 2 baths, living room, dining area, kitchen, nice yard area and a 1 car garage. Won't last long.

Last Agent to Sell the Property

Nancy Spinelli

(856) 207-9643 ncspinelli@comcast.net Collini Real Estate LLC License #8638819 Listed on: 02/17/2025

Collini Real Estate LLC

Last Buyer's Agent

Karla Merino

(732) 942-3472 karliem98@gmail.com Keller Williams Prime Realty License #2298200

Keller Williams Prime Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,221

Year Built

  • Built in 1989

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 90.00 x 232.00
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,060 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00032
  • Assessor Parcel Number 14-05804-00032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,221

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Stove, Dishwasher
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3060
  • Living Area Sq Ft: 3060
  • Price Per Sq Ft: 187.91
  • Above Grade Finished Sq Ft: 3060
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

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: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.48
  • Lot Dimensions: 90.00 x 232.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20878.00
  • Property Condition: Very Good
  • Zoning: 02
  • Zoning Description: Residential

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7221.00
  • Assessor Parcel Number: 14-05804-00032
  • Tax Lot: 00032
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: CITY OF VINELAND BOARD OF EDUCATION

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Aug 20, 2025
Sold by
Vladimir Investments Llc
Bought by
Crankos Home Improvement Corporation
Seller's Agent
Nancy Spinelli
Collini Real Estate LLC
Buyer's Agent
Karla Merino
Keller Williams Prime Realty
List Price
$575,000
Sold Price
$470,000
Premium/Discount to List
-$105,000
-18.26%
Views
124
Current Estimated Value
$477,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,109
Avg. Annual Appreciation
4.14%
Original Mortgage
$283,400
Outstanding Balance
$283,156
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$193,953

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 5, 2024
Sold by
Ackerman Real Estate
Bought by
Vladimir Investments Llc
Seller's Agent
Michael Spinelli
Ackerman Spinelli Realty LLC
Buyer's Agent
Nancy Spinelli
Collini Real Estate LLC
List Price
$375,000
Sold Price
$384,375
Premium/Discount to List
$9,375
2.5%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%
Original Mortgage
$320,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2018
Sold by
Kejzman Realty Llc
Bought by
Ackerman Real Estate Llc

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $485,000 American Land Title
Deed $485,000 American Land Title
Deed $384,375 Beacon Title
Deed $384,375 Beacon Title
Deed $180,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,400 New Conventional
Closed $283,400 New Conventional
Previous Owner $320,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $470,000 -18.3% $154 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $575,000 +49.6% $188 / Sq Ft
05/30/2024 05/30/24 Sold $384,375 +2.5% $126 / Sq Ft View Prior Sale
05/02/2024 05/02/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $375,000 -- $123 / 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 $7,221 $226,800 $34,500 $192,300
2024 $7,221 $226,800 $34,500 $192,300
2023 $7,174 $226,800 $34,500 $192,300
2022 $6,960 $226,800 $34,500 $192,300
2021 $6,833 $226,800 $34,500 $192,300
2020 $6,638 $226,800 $34,500 $192,300
2019 $6,548 $226,800 $34,500 $192,300
2018 $6,375 $226,800 $34,500 $192,300
2017 $6,056 $226,800 $34,500 $192,300
2016 $5,842 $226,800 $34,500 $192,300
2015 $5,627 $226,800 $34,500 $192,300
2014 $5,321 $226,800 $34,500 $192,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJCB2022598

Bright MLS

APN: 14-05804-0000-00032