NOT LISTED FOR SALE

113 N Monroe Ave Unit B Margate City, NJ 08402

Estimated Value: $1,064,136 - $1,306,000

3 Beds
2.5 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $635,000

Est. 82% increase in value since last sale

Current estimated payment $6,722/month

5 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Recreation Room
  • Laundry Room

About This Home

As of August 2020

Fabulous location townhouse style home. This beautiful home has so much to offer and is a must see! Open floor plan with large den and fireplace. Doors leading to back porch with a large private fenced in yard. Upstairs is the master ensuite with walk in closet and two bedrooms with an additional bath. Balcony overlooking the back yard from Master Suite. Great front porch and close proximity to all that Margate has to offer! Other upgrades to this fabulous townhouse: New HVAC 12-19, Water heater 11-17, Ducts cleaned and sanitized, Dryer duct cleaned,All piping insulated, All baths updated,New kitchen counter tops and new appliances. New carpeting and freshly painted. LED lighting, new 8x10 shed, sprinkler system. Parking for TWO cars. Tenant insurance split cost: $1619.90

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 07/02/2020

Compass Real Estate-Margate

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,724

Lot Details

  • 6,229

Parking

  • 1.5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Recreation Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include insurance
  • Monroe Arms Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,724

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Rugs
  • Age: 16 To 20 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Fireplace: Family Room, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room, Recreation/Family
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One And Half Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Condo Name: Monroe Arms

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 12, 2020
Sold by
Geoghan Joseph and Geoghan Debra
Bought by
Bernardi Ammon J and Bernardi Abigail
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$1,155,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,534
Avg. Annual Appreciation
12.18%
Original Mortgage
$508,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Sakelerols Nickolas Joannis and Sakelerols Jennifer Ann
Bought by
Ceoghan Joseph M and Ceoghan Debra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Douglass Michelle J and Massey Joseph
Bought by
Sakaleros Nicholas Ionnis and Sakaleros Jennifer Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Douglass Michelle J and Massey Joseph
Bought by
Douglass Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,500
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2003
Sold by
G & L Developers Llc
Bought by
Douglass Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bernardi Ammon J $635,000 Trident Land Transfer
Ceoghan Joseph M $485,000 None Available
Sakaleros Nicholas Ionnis $560,000 First American Title Ins Co
Douglass Michelle J -- Efn Title Group Llc
Douglass Michelle $375,000 --
Douglass Michelle J $375,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernardi Ammon J $508,000
Previous Owner Ceoghan Joseph M $363,750
Previous Owner Sakaleros Nicholas Ionnis $417,000
Previous Owner Douglass Michelle J $413,500
Previous Owner Douglass Michelle J $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $635,000 0.0% --
07/07/2020 07/07/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $635,000 -- --
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 $7,724 $452,200 $154,000 $298,200
2024 $7,724 $452,200 $154,000 $298,200
2023 $7,136 $452,200 $154,000 $298,200
2022 $7,136 $452,200 $154,000 $298,200
2021 $7,036 $452,200 $154,000 $298,200
2020 $7,000 $452,200 $154,000 $298,200
2019 $6,973 $452,200 $154,000 $298,200
2018 $7,068 $452,200 $154,000 $298,200
2017 $7,077 $452,200 $154,000 $298,200
2016 $6,837 $452,200 $154,000 $298,200
2015 $6,729 $452,200 $154,000 $298,200
2014 $6,602 $452,200 $154,000 $298,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538778

South Jersey Shore Regional MLS

APN: 16-00330-0000-00407-0000-C000B