NOT LISTED FOR SALE

18 S Jefferson Ave Margate City, NJ 08402

Estimated Value: $1,302,000 - $1,664,000

3 Beds
3.5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold August 30, 2016

Last sale price $400,000

Est. 260% increase in value since last sale

Current estimated payment $8,351/month

344 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Deck
  • Loft
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of August 2016

Great South Side Location, this single family home boasts plenty of room for family and friends. The covered front porch is the perfect spot to relax. Enter the first floor into a convenient open floor plan. Past the first floor bedroom, you will be in a light filled study/sitting area that leads to the beautifully maintained rear yard, and large storage shed that is also electrified. The rear stair way takes you to the two other bedrooms and baths. Make this your summer getaway, New Water Heater 2015

Last Agent to Sell the Property

MICHAEL WALSH

BHHS FOX and ROACH-Brigantine Listed on: 07/23/2015

BHHS FOX and ROACH-Brigantine

Last Buyer's Agent

Ronnie Alper

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 25 x 125
  • Building is beachfront but unit may not have water views
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Loft
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Partially Furnished
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Storage
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Loft, Pantry

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch, Shed, Sidewalks
  • Siding Exterior: Aluminum
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 25 x 125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2015
Closed on
Aug 30, 2016
Sold by
Slossburg Stanton and Slossburg Selma
Bought by
Fromm Louis and Fromm Rhona
Seller's Agent
MICHAEL WALSH
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$1,440,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,571
Avg. Annual Appreciation
14.82%
Original Mortgage
$280,000
Outstanding Balance
$223,581
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,216,990

Purchase Details

Listed on
Jul 23, 2015
Closed on
Jul 27, 2016
Sold by
Slossburg Stanton and Slossburg Selma
Bought by
Fromm Rhona S and Fromm Louis M
Seller's Agent
MICHAEL WALSH
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$223,581
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,216,990

Purchase Details

Closed on
Nov 19, 1990
Sold by
Stamm William and Stamm Anna
Bought by
Slossburg Stanton and Slossburg Selma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fromm Louis $400,000 --
Fromm Louis M $400,000 John Scott Abbott
Fromm Rhona S $400,000 --
Slossburg Stanton $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fromm Louis M $280,000
Closed Fromm Rhona S $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $400,000 0.0% --
07/01/2016 07/01/16 Pending -- -- --
07/23/2015 07/23/15 For Sale $400,000 -- --
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 $9,292 $544,000 $260,000 $284,000
2024 $9,292 $544,000 $260,000 $284,000
2023 $5,947 $376,900 $260,000 $116,900
2022 $5,947 $376,900 $260,000 $116,900
2021 $5,865 $376,900 $260,000 $116,900
2020 $5,834 $376,900 $260,000 $116,900
2019 $5,812 $376,900 $260,000 $116,900
2018 $5,817 $372,200 $260,000 $112,200
2017 $5,825 $372,200 $260,000 $112,200
2016 $5,628 $372,200 $260,000 $112,200
2015 $5,538 $372,200 $260,000 $112,200
2014 $5,434 $372,200 $260,000 $112,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    MICHAEL WALSH

    BHHS Fox & Roach

    (609) 929-6582

    22 Total Sales

    MICHAEL WALSH
    Section Image
  • Ronnie Alper

    Buyer's Agent in 2016

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    29 in this area

    42 Total Sales

    Ronnie Alper
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 452035

South Jersey Shore Regional MLS

APN: 16-00129-0000-00208

New Jersey Atlantic County Margate City 08402

18 S Jefferson Ave, Margate City, NJ

Not Listed for Sale

Detached

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