NOT LISTED FOR SALE

106 N Madison #C Unit C Margate, NJ 08402

Estimated Value: $909,430 - $1,058,000

3 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 22, 2019

Last sale price $475,000

Est. 104% increase in value since last sale

Current estimated payment $5,633/month

24 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • End Unit
  • Great Room

About This Home

As of May 2019

Wonderful 3BR, 2 ba apartment in a 5 unit complex that's close to the beach, shopping and transportation. This 2nd floor 1-story corner unit is spacious, has an open layout and a cozy patio. Great layout for entertaining! Open garage parking with a huge storage area for bikes, surfboards and lots more. Parking for 3 cars. You must see inside! Great layout! Low Maintenance fee!

Last Agent to Sell the Property

Ronnie Alper

BHHS FOX and ROACH-Margate Listed on: 03/18/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Joseph Scarpati

J PROPERTIES, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,617

Year Built

  • Built in 2001

Lot Details

  • 8,712

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Great Room
  • Living Room with Fireplace
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • End Unit
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, management

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,617

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Year Built: 2001
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Great Room, Storage Attic
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 22, 2019
Sold by
Anolik Robert and Anolik Jonathan
Bought by
Zangrill Michael S and Zangrill Lauren M
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
Joseph Scarpati
J PROPERTIES, LLC
List Price
$529,000
Sold Price
$475,000
Premium/Discount to List
-$54,000
-10.21%
Current Estimated Value
$970,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,858
Avg. Annual Appreciation
11.74%
Original Mortgage
$427,500
Outstanding Balance
$375,096
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$595,762

Purchase Details

Closed on
Dec 21, 2013
Sold by
Homberger Joseph P and Homberger Gloria J
Bought by
Anolik Robert and Carel Warren

Purchase Details

Closed on
Oct 26, 2004
Sold by
Tropea Joseph
Bought by
Hornberger Joseph and Hornberger Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Filardo Vincent
Bought by
Tropea Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.5%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Zangrill Michael S $475,000 Southern United Ttl Agcy Llc
Anolik Robert $450,000 Old Republic Natl Title Ins
Hornberger Joseph $470,000 --
Tropea Joseph $279,900 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zangrill Michael S $427,500
Previous Owner Hornberger Joseph $376,000
Previous Owner Tropea Joseph $223,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $475,000 -10.2% --
04/11/2019 04/11/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $529,000 -- --
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 $6,617 $387,400 $182,500 $204,900
2024 $6,617 $387,400 $182,500 $204,900
2023 $6,113 $387,400 $182,500 $204,900
2022 $6,113 $387,400 $182,500 $204,900
2021 $6,028 $387,400 $182,500 $204,900
2020 $5,997 $387,400 $182,500 $204,900
2019 $5,974 $387,400 $182,500 $204,900
2018 $6,055 $387,400 $182,500 $204,900
2017 $6,063 $387,400 $182,500 $204,900
2016 $5,857 $387,400 $182,500 $204,900
2015 $5,765 $387,400 $182,500 $204,900
2014 $5,656 $387,400 $182,500 $204,900
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Alper

    Seller's Agent in 2019

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    32 in this area

    46 Total Sales

    Ronnie Alper
    Section Image
  • Joseph Scarpati

    Buyer's Agent in 2019

    Joseph Scarpati

    J PROPERTIES, LLC

    (609) 314-0907

    7 in this area

    56 Total Sales

    Joseph Scarpati
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519597

South Jersey Shore Regional MLS

APN: 16-00330-0000-00402-0000-C000C

New Jersey Atlantic County Margate 08402

106 N Madison #C Unit C, Margate, NJ

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