NOT LISTED FOR SALE

127 N Monroe Ave Unit 8 Margate City, NJ 08402

Estimated Value: $491,158 - $557,000

2 Beds
1 Bath
-- Sq Ft
1,045 Sq Ft Lot

Last Sold June 20, 2019

Last sale price $238,000

Est. 120% increase in value since last sale

Current estimated payment $3,072/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • Deck
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2019

2nd Floor, Spacious & Bright Condo, absolutely shows like a model. Move in ready, features a Beautiful Large Eat in Kitchen with Granite Counters & Stainless Steel Appliances. Tons of storage. Full size Washer Dryer, beautiful Tiled Bathroom. Hardwood Floors, Ceiling Fans, Assigned Parking, Low Condo Fees & PET FRIENDLY. South end of Margate. Walk to shops, restaurants, bay & beach.

Last Agent to Sell the Property

Susan and Louis Solomon

BHHS FOX and ROACH-Margate Listed on: 04/16/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Susan and Louis Solomon

BHHS FOX and ROACH-Margate Listed on: 04/16/2019

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,672

Lot Details

  • 1,045

Parking

  • 1 Parking Space

Interior Spaces

  • 2-Story Property
  • Blinds
  • Great Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating Available
  • Electric Water Heater

Additional Features

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash
  • Monroe Arms Condos

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,672

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Also Includes: Blinds
  • Lvt Date: 04/16/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Living Room: Size: Large
  • Other Rooms: Eat In Kitchen, Great Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Storage Facility

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units, Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Monroe Arms
  • Management: Association

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jun 17, 2019
Sold by
Napier Kristen Nicole
Bought by
Piperato Nancy
Seller's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$229,900
Sold Price
$238,000
Premium/Discount to List
$8,100
3.52%
Current Estimated Value
$523,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,790
Avg. Annual Appreciation
13.18%
Original Mortgage
$138,000
Outstanding Balance
$90,600
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$426,763

Purchase Details

Listed on
Nov 8, 2017
Closed on
Feb 7, 2018
Sold by
Slater Marc B and Slater Beth
Bought by
Napier Kristen N
Seller's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
Buyer's Agent
Scott Stetzer
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$259,000
Sold Price
$204,000
Premium/Discount to List
-$55,000
-21.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%

Purchase Details

Listed on
Jul 27, 2012
Closed on
Apr 1, 2013
Sold by
Calabrese James and Calabrese James J
Bought by
Slater Marc B and Slater Beth
Seller's Agent
Marie McQueen
KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
Buyer's Agent
Marie McQueen
KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
List Price
$177,000
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Calabrese James
Bought by
Calabrese James and Calabrese Eleanor

Purchase Details

Closed on
Jun 21, 1990
Sold by
Home Tech Industries
Bought by
Calabrese James and Calabrese Donna
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
Piperato Nancy $238,000 Trident Land Transfer Co Nj
Napier Kristen N $204,000 Infinity Title Agency
Slater Marc B $177,000 None Available
Calabrese James -- --
Calabrese James $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piperato Nancy $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $238,000 +3.5% --
04/23/2019 04/23/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $229,900 +12.7% --
02/18/2018 02/18/18 Sold $204,000 -21.2% --
01/27/2018 01/27/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $259,000 +46.3% --
04/01/2013 04/01/13 Sold $177,000 0.0% --
01/13/2013 01/13/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $177,000 -- --
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 $3,672 $215,000 $145,600 $69,400
2024 $3,672 $215,000 $145,600 $69,400
2023 $3,393 $215,000 $145,600 $69,400
2022 $3,393 $215,000 $145,600 $69,400
2021 $3,345 $215,000 $145,600 $69,400
2020 $3,328 $215,000 $145,600 $69,400
2019 $3,315 $215,000 $145,600 $69,400
2018 $3,607 $230,800 $145,600 $85,200
2017 $3,612 $230,800 $145,600 $85,200
2016 $3,490 $230,800 $145,600 $85,200
2015 $3,434 $230,800 $145,600 $85,200
2014 $3,370 $230,800 $145,600 $85,200
Source: Public Records

Agents Affiliated with this Home

  • Susan and Louis Solomon

    Seller's Agent in 2019

    Susan and Louis Solomon

    BHHS Fox & Roach

    (609) 226-5178

    25 in this area

    51 Total Sales

    Susan and Louis Solomon
    Section Image
  • Scott Stetzer

    Buyer's Agent in 2018

    Scott Stetzer

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 432-0917

    13 Total Sales

    Scott Stetzer
    Section Image
  • Marie McQueen

    Seller's Agent in 2013

    Marie McQueen

    KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City

    (609) 254-1082

    1 in this area

    17 Total Sales

    Marie McQueen
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520895

South Jersey Shore Regional MLS

APN: 16-00330-0000-00025-0000-C0008

New Jersey Atlantic County Margate City 08402

127 N Monroe Ave Unit 8, Margate City, NJ

This home is located at 127 N Monroe Ave Unit 8, Margate City, NJ 08402 since 16 April 2019 and is currently estimated at $523,790. 127 N Monroe Ave Unit 8 is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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