NOT LISTED FOR SALE

Estimated Value: $1,063,258 - $1,519,000

7 Beds
6 Baths
4,539 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 05, 2021

Last sale price $799,000 $176 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,973/month

23 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Marble Flooring
  • Colonial Architecture
  • Living Room with Fireplace
  • Cathedral Ceiling

About This Home

As of April 2021

This refined property on the best block in Chelsea has been exhaustively renovated to provide the low-maintenance ease of new construction while maintaining all of its charm. This Center Hall home stuns from the moment you ascend its grand front steps and enter into its welcoming foyer. A formal living room to the left features a wood-burning fireplace and two sets of French doors that lead out onto a graciously sized covered porch. The dining room flows into the exquisite chef’s kitchen that features every modern amenity, from a six-burner cooktop and double oven to a wine refrigerator. The dining room also leads out onto a porch. Push gently on the foyer bookcase to uncover a secret door leading into a large home office. Up a half flight of stairs is the home’s light-filled den with cathedral ceilings. The second floor’s palatial master suite features a beautifully appointed en suite bathroom, loads of closet space, and access to a sunny deck. A Jack-and-Jill bathroom joins two additional spacious bedrooms off the landing. A two-bedroom, one-bathroom suite rounds out this floor, while up one more flight of stairs is two additional bedrooms and a full bathroom. This massive 72- by 90-ft lot runs street to street and features a two-car garage plus storage and room for a pool. A top-of-the-line high-efficiency HVAC system, dual zone A/C make this stunning home comfortable all year long. A home so special it must be viewed to truly understand it's value!

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/04/2021

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,259

Lot Details

  • Lot Dimensions are 72 x 90
  • Corner Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Loft
  • Sun or Florida Room
  • Storage
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stone or Rock in Basement

Home Security

  • Home Security System
  • Storm Screens

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,259

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 01/04/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room, More Than 1, Wood Burning
  • Flooring: Hardwood, Marble, W/W Carpet, W/W Over Hardwood
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System, Storage
  • Bedrooms: 7
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Full, Heated, Inside Entrance, Masonry Floor/Wall, Plumbing
  • Dining Room: On Level: Main
  • Family Room: On Level: Upper
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Loft, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Patio, Porch, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener, Heated Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Historical District
  • Lot Dimensions: 72 X 90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Apr 16, 2021
Sold by
Forte Phillip S and Forte Claire
Bought by
Geraci David J
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$799,000
Sold Price
$799,000
Current Estimated Value
$1,260,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,565
Avg. Annual Appreciation
10.94%
Original Mortgage
$548,250
Outstanding Balance
$496,851
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$763,714

Purchase Details

Closed on
Jun 17, 2011
Sold by
Estate Of Arleen Dougherty and Dougherty Frank P
Bought by
Forte Phillip S and Forte Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1995
Sold by
Lazarow Joseph
Bought by
Dougherty Joseph and Dougherty Arleen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Geraci David J $799,000 Surety Title Company
Forte Phillip S $485,000 First American Title Ins Co
Dougherty Joseph $155,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geraci David J $548,250
Closed Geraci David J $90,950
Previous Owner Forte Philip Stephen $388,000
Previous Owner Forte Philip Stephen $27,000
Previous Owner Forte Phillip S $388,000
Previous Owner Dougherty Arleen $160,000
Previous Owner Dougherty Arleen $305,000
Previous Owner Dougherty Arleen $39,410
Previous Owner Dougherty Arleen $162,500
Previous Owner Dougherty Arleen M $196,500
Previous Owner Dougherty Arleen M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2021 04/05/21 Sold $799,000 0.0% $176 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $799,000 -- $176 / Sq Ft
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 $13,259 $384,100 $91,800 $292,300
2024 $13,259 $384,100 $91,800 $292,300
2023 $14,507 $384,100 $91,800 $292,300
2022 $14,507 $384,100 $91,800 $292,300
2021 $14,984 $384,100 $91,800 $292,300
2020 $15,110 $384,100 $91,800 $292,300
2019 $15,538 $390,000 $170,000 $220,000
2018 $13,779 $390,000 $170,000 $220,000
2017 $13,342 $390,000 $170,000 $220,000
2016 $15,054 $390,000 $170,000 $220,000
2015 $13,346 $390,000 $170,000 $220,000
2014 $15,066 $450,000 $200,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 545869

South Jersey Shore Regional MLS

APN: 02-00216-0000-00009