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1003 Magnolia Road

1003 Magnolia Road, Vineland, NJ 08360
Property in Cumberland
Sold Jun 23, 2010
$170,000
$153,000 by Oak Mortgage Co Llc
Mortgage Due Jul 01, 2040
Sold Aug 17, 2001
$72,000
1003 Magnolia Road has been categorized by the local assessors in Vineland, NJ as a residential type of property. The building on the property was first built in 1988 and is 36 years old. The building has a total of 2 stories. In addition, 1003 Magnolia Road has 1,656 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,250 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 10,123 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1003 Magnolia Road sold most recently in Jun 21, 2010 for a total of $170,000. If you work out the math, that's approximately a cost of $102.66 per sqft. Before that, the property was also sold for $72,000 in Jul 31, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,014 in taxes each year. 1003 Magnolia Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,900. If we break it down further, the land itself was valued at $18,300. Improvements to the property, however, were assessed at a total of $108,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,123
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA ROAD
  • Land Acres: 0.232
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : BURKE LINDA
  • Previous Owner : COSLOP ARTHUR R
  • Owner Before Previous Owner: TEKELENBURG WILLEM G
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vineland City School District
  • Census Tract: 040601

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: TAX MAP 58
  • Account Number: 00018744
  • District: 14
  • Parcel: 14 05804-0000-03302-0000-C0002
  • Block: 5804
  • Lot: 3302
  • Municipality: VINELAND CITY
  • Latitude: 39.4652
  • Longitude: -75.009

    Address

  • Full Address: 1003 Magnolia Rd
  • Address - House Number: 1003
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Vineland
  • Carrier Code: C024
  • 4-Digit Zip Code: 6480
  • Zip Code: 08360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,014

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 205,258
  • High Value: 258,564
  • Low Value: 151,951

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,000
  • First Open Lien Mortgage Lender: OAK MORTGAGE CO LLC
  • First Open Lien Mortgage Recording Date: Jun 23, 2010
  • First Open Lien Mortgage Loan Amount: $153,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2040

    Market Valuation

  • Market Total Value: $126,900
  • Market Land Value: $18,300
  • Market Improvement Value: $108,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,900
  • Assessed Land Value: $18,300
  • Assessed Improvements Value: $108,600

    Sales

  • Current Sale Contract Date: Jun 21, 2010
  • Current Sale Recording Date: Jun 23, 2010
  • Current Sale Transaction ID: 1191822451
  • Current Sale Price: $170,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 370338
  • Previous Sale Recording Date: Aug 17, 2001
  • Previous Sale Contract Date: Jul 31, 2001
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: OAK MORTGAGE CO LLC
  • First Mortgage Transaction Date: Jun 23, 2010
  • First Mortgage Loan Amount: $153,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2040

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Frequently Asked Questions

What neighborhood is 1003 Magnolia Road located in?
The 1003 Magnolia Road is a located in the neighborhood of Cumberland in Vineland, Vineland.
What is the average sales price for listings in 1003 Magnolia Road?
The average sales price for units in 1003 Magnolia Road is $0 currently.

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