NOT LISTED FOR SALE

12 N Madison Ave Unit A Margate City, NJ 08402

Estimated Value: $706,629 - $806,000

2 Beds
2 Baths
-- Sq Ft
6,273 Sq Ft Lot

Last Sold June 07, 2013

Last sale price $299,000

Est. 147% increase in value since last sale

Current estimated payment $4,241/month

99 Days on Market

Highlights

  • Ground Level Unit
  • Central Air
  • Gas Log Fireplace
  • William H. Ross III Intermediate School Rated A-

About This Home

As of June 2013

The Real Deal! This Margate condo offers loads of space with great room sizes throughout, great closet space, very large decks and parking for 2-3 cars. Bright and sunny... a lot of natural light comes in. Pet friendly building with storage, newer HVAC and siding and low fees. Perfect location and priced to sell now!

Last Agent to Sell the Property

Joanne Abbott

BHHS FOX and ROACH-Margate Listed on: 02/06/2013

BHHS FOX and ROACH-Margate

Co-Listed By

Elizabeth Abbott-Feriozzi

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Gloria DeHaven

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,451

Lot Details

  • 6,273

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level Unit

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Association fees include insurance, maintenance, management
  • Dolly Madison Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,451

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Fireplace: Gas Log
  • Bedrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Dolly Madison
  • Management: Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
Jun 7, 2013
Sold by
Orloff Howard
Bought by
Hoffman Richard and Hoffman Tasha
Seller's Agent
Joanne Abbott
BHHS FOX and ROACH-Margate
Buyer's Agent
Gloria DeHaven
BHHS FOX and ROACH-Margate
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$739,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,407
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Zimmerman Sylvia and Goldstein Lois
Bought by
Orloff Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2005
Sold by
Goldstein Lois
Bought by
Zimmerman Sylvia and Goldstein Lois

Purchase Details

Closed on
Apr 15, 2005
Sold by
Zimmerman Sylvia and Goldstein Lois
Bought by
Goldstein Gilbert and Goldstein Lois

Purchase Details

Closed on
Feb 28, 2002
Sold by
Carson Rodney
Bought by
Zimmerman Sylvia and Goldstein Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.01%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Miller Joel and Miller Frances
Bought by
Carson Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
10.05%
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
Hoffman Richard $299,000 None Available
Orloff Howard $333,000 None Available
Zimmerman Sylvia -- --
Goldstein Gilbert -- --
Zimmerman Sylvia $141,000 --
Carson Rodney $120,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orloff Howard $266,400
Previous Owner Zimmerman Sylvia $114,400
Previous Owner Carson Rodney $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $299,000 0.0% --
05/16/2013 05/16/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $299,000 -- --
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 $4,451 $260,600 $117,800 $142,800
2024 $4,451 $260,600 $117,800 $142,800
2023 $4,112 $260,600 $117,800 $142,800
2022 $4,112 $260,600 $117,800 $142,800
2021 $4,055 $260,600 $117,800 $142,800
2020 $4,034 $260,600 $117,800 $142,800
2019 $4,018 $260,600 $117,800 $142,800
2018 $4,073 $260,600 $117,800 $142,800
2017 $4,078 $260,600 $117,800 $142,800
2016 $3,940 $260,600 $117,800 $142,800
2015 $3,878 $260,600 $117,800 $142,800
2014 $3,805 $260,600 $117,800 $142,800
Source: Public Records

Agents Affiliated with this Home

  • Joanne Abbott

    Seller's Agent in 2013

    Joanne Abbott

    BHHS Fox & Roach

    (609) 432-6771

    2 in this area

    16 Total Sales

    Joanne Abbott
    Section Image
  • Elizabeth Abbott-Feriozzi

    Seller Co-Listing Agent in 2013

    Elizabeth Abbott-Feriozzi

    BHHS Fox & Roach

    (609) 432-8190

    3 in this area

    17 Total Sales

    Elizabeth Abbott-Feriozzi
    Section Image
  • Gloria DeHaven

    Buyer's Agent in 2013

    Gloria DeHaven

    BHHS Fox & Roach

    (609) 823-7084

    9 in this area

    17 Total Sales

    Gloria DeHaven
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 406372

South Jersey Shore Regional MLS

APN: 16-00230-0000-00308-0000-C000A

New Jersey Atlantic County Margate City 08402

12 N Madison Ave Unit A, Margate City, NJ

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