NOT LISTED FOR SALE

1521 Madison Ct Mays Landing, NJ 08330

Estimated Value: $243,000 - $256,000

2 Beds
2 Baths
-- Sq Ft
436 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $215,000

Est. 16% increase in value since last sale

Current estimated payment $1,624/month

4 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Cedar Creek High School Rated A-
  • Community Pool
  • Dining Area

About This Home

As of April 2023

***Masterpiece on Madison *** Wait until you see this!!! Newly renovated 2 bed, 2 bath in a highly desirable community in Mays Landing! All stainless-steel appliances including a brand-new dishwasher and refrigerator that are only a few months old. This unit offers all gas components that will ultimately save you from those dire electric costs. New water heater and condenser were purchased in summer of 2022. This unit even offers an outdoor patio to enjoy coffee in the morning, and a nice glass of wine at night. Low HOA fees, sewer trash and water are included... and plenty of parking. If this is your first purchase, or if you are looking to downsize... this is your new home! Spring market is starting so don't wait... get your agent up and moving and place your bid today!!! *** An offer has been accepted, all other offers will be back up offers only!***

Last Agent to Sell the Property

Jennifer Walker

LPT Realty Listed on: 02/22/2023

Last Buyer's Agent

Meredith Exum

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,795

Year Built

  • Built in 1985

Lot Details

  • 436

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Blinds
  • Dining Area

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, pool
  • Mays Ldg Vill Condos

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,795

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Year Built: 1985
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Pool

Exterior Features

  • Siding Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Mays Ldg Vill
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 7, 2023
Sold by
Allen Christina
Bought by
Ricevuto Joseph
Seller's Agent
Jennifer Walker
LPT Realty
Buyer's Agent
Meredith Exum
LPT Realty
List Price
$199,999
Sold Price
$215,000
Premium/Discount to List
$15,001
7.5%
Views
153
Current Estimated Value
$249,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,511
Avg. Annual Appreciation
5.73%
Original Mortgage
$145,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2017
Closed on
Nov 28, 2017
Sold by
Coscia James
Bought by
Allen Christina
Seller's Agent
Elizabeth Hildebrand
RE/MAX ATLANTIC
Buyer's Agent
Elizabeth Hildebrand
RE/MAX ATLANTIC
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$116,161
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2016
Closed on
Feb 9, 2016
Sold by
Penko Paola
Bought by
Coscia James
Seller's Agent
Hamed Payandehfar
Century 21 Action Plus Realty - Northfield
Buyer's Agent
Elizabeth Hildebrand
RE/MAX ATLANTIC
List Price
$118,000
Sold Price
$118,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%

Purchase Details

Listed on
Jul 23, 2015
Closed on
Dec 18, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Penko Paola
Seller's Agent
NICHOLE BARTOLONE
Vylla Home
Buyer's Agent
Hamed Payandehfar
Century 21 Action Plus Realty - Northfield
List Price
$46,500
Sold Price
$46,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6791.50%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Frisch Mary Lou G
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Aug 20, 1985
Bought by
Frisch Robert G and Mary Lou G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ricevuto Joseph $215,000 None Listed On Document
Allen Christina $115,000 Surety Title Co
Coscia James $115,000 --
Penko Paola $490,000 Attorney
Deutsche Bank National Trust Co -- Attorney
Frisch Robert G $63,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricevuto Joseph $145,000
Previous Owner Allen Christina $116,161
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $215,000 +7.5% --
02/26/2023 02/26/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $199,999 +73.9% --
11/27/2017 11/27/17 Sold $115,000 0.0% -- View Prior Sale
10/30/2017 10/30/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $115,000 -2.5% --
02/29/2016 02/29/16 Sold $118,000 0.0% -- View Prior Sale
02/03/2016 02/03/16 Pending -- -- --
01/18/2016 01/18/16 For Sale $118,000 +153.8% --
12/10/2015 12/10/15 Sold $46,500 0.0% -- View Prior Sale
11/27/2015 11/27/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $46,500 -- --
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 $3,795 $110,600 $25,000 $85,600
2024 $3,795 $110,600 $25,000 $85,600
2023 $3,568 $110,600 $25,000 $85,600
2022 $3,568 $110,600 $25,000 $85,600
2021 $3,560 $110,600 $25,000 $85,600
2020 $3,560 $110,600 $25,000 $85,600
2019 $3,408 $105,600 $20,000 $85,600
2018 $3,288 $105,600 $20,000 $85,600
2017 $3,237 $105,600 $20,000 $85,600
2016 $3,146 $105,600 $20,000 $85,600
2015 $3,039 $105,600 $20,000 $85,600
2014 $3,428 $130,500 $30,000 $100,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Walker

    Seller's Agent in 2023

    Jennifer Walker

    LPT Realty

    (609) 992-1051

    12 in this area

    56 Total Sales

    Jennifer Walker
    Section Image
  • Meredith Exum

    Buyer's Agent in 2023

    Meredith Exum

    LPT Realty

    (843) 251-8366

    17 in this area

    161 Total Sales

    Meredith Exum
    Section Image
  • Elizabeth Hildebrand

    Seller's Agent in 2017

    Elizabeth Hildebrand

    RE/MAX

    (609) 457-5915

    2 in this area

    72 Total Sales

    Elizabeth Hildebrand
    Section Image
  • Hamed Payandehfar

    Seller's Agent in 2016

    Hamed Payandehfar

    Century 21 Action Plus Realty - Northfield

    (609) 742-7503

    51 Total Sales

    Hamed Payandehfar
    Section Image

  • N

    Seller's Agent in 2015

    NICHOLE BARTOLONE

    Vylla Home

    (609) 790-6934

    4 Total Sales

    NICHOLE BARTOLONE
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571394

South Jersey Shore Regional MLS

APN: 12-01070-0000-00121-0000-C0121

New Jersey Atlantic County Mays Landing 08330

1521 Madison Ct, Mays Landing, NJ

Not Listed for Sale

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