NOT LISTED FOR SALE

203 N Belmont Dr Margate City, NJ 08402

Estimated Value: $714,000 - $778,000

2 Beds
1 Bath
-- Sq Ft
3,920 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $460,000

Est. 62% increase in value since last sale

Current estimated payment $4,477/month

7 Days on Market

Highlights

  • Ranch Style House
  • Den
  • Cul-De-Sac
  • William H. Ross III Intermediate School Rated A-
  • 1 Car Detached Garage
  • Porch

About This Home

As of May 2022

Cute home for empty nesters or just downsizing. Ranch style with detached one car garage. Long driveway. Roof is newer. Enclosed shower in rear yard. Eat in Ktichen with utility area with W/D stackable. Hot Water heater newer . Gas Heat, Gas stove. Oak style kitchen cabinets. 2 nice size bedrooms, large living room , den. Tiled bath with tub. Some furniture will be staying. AC not in operation. Some new windows. wall to wall carpets. Sold totally as is. Buyer responsible for any and all inspections and certifications needed by the city and state. Appointment only. listing agent must accompany . Call for appointment . Currently under contract with attorney drawn contract but continue to show as back up offers only.

Last Agent to Sell the Property

gaspersellsre SPARACIO JR

BHHS FOX and ROACH-Margate Listed on: 03/14/2022

Last Buyer's Agent

Joanne Ferraro

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 1950

Lot Details

  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Partially Furnished
  • Blinds
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,138

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 03/14/2022
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Storage, Smoke/Fire Alarm
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space
  • Dining Room: Size: DEN, On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Porch, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: IRR
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 2, 2022
Sold by
Steven Prentice Craig
Bought by
Mcerlean Michael T and Mcerlean Theresa M
Seller's Agent
gaspersellsre SPARACIO JR
BHHS FOX and ROACH-Margate
Buyer's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
List Price
$495,000
Sold Price
$460,000
Premium/Discount to List
-$35,000
-7.07%
Current Estimated Value
$744,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,525
Avg. Annual Appreciation
15.51%

Purchase Details

Closed on
Sep 27, 2003
Sold by
Weist Randy
Bought by
Prentice Craig Steven

Purchase Details

Closed on
Feb 25, 1997
Sold by
Pambianchi Margaret
Bought by
Weist Randy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Mcerlean Michael T $460,000 New Title Company Name
Prentice Craig Steven $250,000 --
Prentice Craig Steven $250,000 Commonwealth Land Title Insu
Weist Randy L $72,500 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcerlean Michael T $446,250
Previous Owner Weist Randy L $100,750
Previous Owner Weist Randy L $86,300
Previous Owner Weist Randy L $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $460,000 -7.1% --
03/21/2022 03/21/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $495,000 -- --
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 $5,138 $300,800 $243,300 $57,500
2024 $5,138 $300,800 $243,300 $57,500
2023 $4,747 $300,800 $243,300 $57,500
2022 $4,747 $300,800 $243,300 $57,500
2021 $4,680 $300,800 $243,300 $57,500
2020 $4,656 $300,800 $243,300 $57,500
2019 $4,638 $300,800 $243,300 $57,500
2018 $4,702 $300,800 $243,300 $57,500
2017 $4,708 $300,800 $243,300 $57,500
2016 $4,548 $300,800 $243,300 $57,500
2015 $4,476 $300,800 $243,300 $57,500
2014 $4,392 $300,800 $243,300 $57,500
Source: Public Records

Agents Affiliated with this Home

  • Joanne Ferraro

    Buyer's Agent in 2022

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    21 in this area

    101 Total Sales

    Joanne Ferraro
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560650

South Jersey Shore Regional MLS

APN: 16-00502-02-00062

New Jersey Atlantic County Margate City 08402

203 N Belmont Dr, Margate City, NJ

This home is located at 203 N Belmont Dr, Margate City, NJ 08402 since 14 March 2022 and is currently estimated at $744,525. This property was built in 1950. 203 N Belmont Dr 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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