NOT LISTED FOR SALE

1525 Madison Ct Unit 125 Mays Landing, NJ 08330

Estimated Value: $234,000 - $257,000

2 Beds
2 Baths
-- Sq Ft
392 Sq Ft Lot

Last Sold January 24, 2020

Last sale price $95,000

Est. 161% increase in value since last sale

Current estimated payment $1,663/month

101 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • End Unit
  • Ground Level Unit
  • Absegami High School Rated A-
  • Corner Lot
  • Community Pool

About This Home

As of January 2020

START SMART! Great 1st floor condo in desirable Mays Landing Village. Brick faced end unit w/private paver patio w/storage room. Open floor plan with combo LR & DR plus a galley kitchen with all appliances. Gas heat, central air and gas cooking. Association fee includes water and sewer. Both bedrooms have a full wall of closets for ample storage. Master BR has private bath with tub. Hall bath has a newer tiled shower stall. Eligible for USDA financing so if you're low on dough, and you're qualified, 100% financing may be a great option. EZ to show! Check out this fabulous home - definitely cheaper than renting!

Last Agent to Sell the Property

Barb Kyle

BALSLEY/LOSCO Listed on: 10/11/2019

BALSLEY/LOSCO

Last Buyer's Agent

Monte Rose

BALSLEY/LOSCO License #9911412

BALSLEY/LOSCO

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1985

Lot Details

  • 392

Parking

  • Assigned Parking

Home Design

  • Brick Front

Interior Spaces

  • 3-Story Property
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Dining Room
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • End Unit
  • Ground Level Unit

Community Details

Overview

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

Amenities

  • Courtesy Bus
  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,723

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains
  • Lvt Date: 10/11/2019
  • Year Built: 1985
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room, Pantry, Primary Br On 1st Floor
  • Common Area Features: Bus Service, Playground, Pool, Storage Facility, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick Face

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Mays Ldg Vill
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Corner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Foyer, Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 24, 2020
Sold by
Jareckas David L
Bought by
Alvarado Jaime
Seller's Agent
Barb Kyle
BALSLEY/LOSCO
Buyer's Agent
Monte Rose
BALSLEY/LOSCO
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$248,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,292
Avg. Annual Appreciation
19.03%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Stenberg Bruce G
Bought by
Jareckas David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Andreadis Georgia
Bought by
Stenberg Bruce G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.18%

Purchase Details

Closed on
Apr 21, 2000
Sold by
Schaab Tabatha J
Bought by
Andreadis Georgia

Purchase Details

Closed on
Sep 14, 1995
Sold by
Giudicissi Anthony and Giudicissi Dolores
Bought by
Schaab Tabatha J
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
Alvarado Jaime $95,000 Agents Title Llc
Jareckas David L $134,000 Surety Title Agency Of Atlan
Stenberg Bruce G $73,000 Fidelity National Title Ins
Andreadis Georgia $68,000 Commonwealth Land Title Ins
Schaab Tabatha J $64,900 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jareckas David L $25,000
Previous Owner Jareckas David L $107,200
Previous Owner Stenberg Ii Bruce G $58,300
Previous Owner Stenberg Bruce G $15,000
Previous Owner Stenberg Bruce G $58,400
Previous Owner Schaab Tabatha J $5,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $95,000 -4.9% --
01/20/2020 01/20/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $99,900 0.0% --
11/25/2019 11/25/19 Pending -- -- --
11/11/2019 11/11/19 Price Changed $99,900 -8.3% --
10/11/2019 10/11/19 For Sale $109,000 -- --
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 $3,723 $108,500 $25,000 $83,500
2024 $3,723 $108,500 $25,000 $83,500
2023 $3,250 $108,500 $25,000 $83,500
2022 $3,500 $108,500 $25,000 $83,500
2021 $3,243 $108,500 $25,000 $83,500
2020 $3,493 $108,500 $25,000 $83,500
2019 $3,340 $103,500 $20,000 $83,500
2018 $3,223 $103,500 $20,000 $83,500
2017 $3,172 $103,500 $20,000 $83,500
2016 $3,083 $103,500 $20,000 $83,500
2015 $2,979 $103,500 $20,000 $83,500
2014 $3,363 $128,000 $30,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529215

South Jersey Shore Regional MLS

APN: 12-01070-0000-00125-0000-C0125