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$125,000

Beds
3
Baths
1.5
sq ft
1,460

1231 Magnolia Ave, Camden, NJ 08103

1231 Magnolia Ave

CAMDEN, NJ 08103

  • Coming soon
This charming, semi-detached traditional home offers 1,460 square feet of potential and is perfect for first-time buyers, investors, or anyone looking to create a rental income property. Built in 1920, this solid brick home features three spacious bedrooms and 1.5 bathrooms spread over two levels. The main floor includes a half bath, while the second floor offers a full bath, ensuring convenience for family or guests. Inside, you’ll find a generously sized living area ready for your personal touch. The full basement provides extra space for storage or potential expansion. The property also includes a driveway for easy parking—a rare find in this area! This home is being sold "as-is," allowing you to bring your vision to life, whether it's a starter home, a fix-and-flip, or a rental opportunity. Located close to schools, parks, and public transportation, and with Camden's revitalization efforts underway, this is an excellent chance to invest in a growing community.

Details

Property type

Duplex

Est. home value

$127,946

Lot size

1,764 sq ft

Price per sq ft

$86

Year built

1920

Annual property taxes

$2,239

HOA

No

Price History

09/24/2021
Bright

Bright #NJCD419772

Sold
$90,000

Schools & Community

Neighborhood: 

Parkside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

CAMDEN COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$28,986
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$86,014
Cash to seller
$28,986

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2021

Original loan amount

$92,070

Est. remaining balance

$86,014

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Anthony Chambers Hickman Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 11/14/2024 at 11:40 AM

Listing updated: 11/13/2024 at 8:49 AM

Listed by: Dejhon Lamar Wilmore, Keller Williams Realty - Washington Township Phone #: (856) 582-1200

MLS: Bright #NJCD2079702

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