NOT LISTED FOR SALE

204 N Monroe Ave Margate City, NJ 08402

Estimated Value: $893,000 - $1,080,000

3 Beds
2.5 Baths
-- Sq Ft
1,568 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $480,000

Est. 107% increase in value since last sale

Current estimated payment $6,069/month

10 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Walk-In Closet
  • William H. Ross III Intermediate School Rated A-
  • Porch
  • Burglar Security System

About This Home

As of June 2020

A wonderful shore home move-in-ready for your summer enjoyment. Lovingly maintained. Light and bright with an open floor plan. First floor has foyer, large living room with gas fireplace, dining room and open kitchen with a great pantry. Also a pretty powder room. The Master bedroom has a vaulted ceiling and a lovely deck from which to have your morning coffee. The master bath is spa-like with dramatic ceiling, tub with jets and a big stall shower. The other two bedrooms are welcoming. The washer & dryer are on the 2nd floor. The attic is partially floored and terrific for storage. The crawl space is huge and easily stores bikes, beach chairs, etc. etc. Off street parking for 2 cars. The Bay is less than 1 block away, and it is an easy walk to the Beach. No HOA. Flood insurance is $663.00 yearly.

Last Agent to Sell the Property

Maxine Greenberg

BHHS FOX and ROACH-Margate License #SP-9234288 Listed on: 05/04/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,449

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 31 x 50
  • Fenced

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Outdoor Shower
  • Deck
  • 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

$7,449

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Townhouse
  • Also Includes: Blinds, Curtains
  • Lvt Date: 05/04/2020
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: Size: 13 x 13.6
  • Bedroom 2: Size: 10 x 12.4
  • Bedroom 3: Size: 10 x 10.6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Size: 12 x 12.2
  • Kitchen: Size: 9 x 12
  • Living Room: Size: 17 x 13.8
  • Other Rooms: Dining Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Porch
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 31 x 50
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
May 27, 2020
Sold by
Serpente Robert F and Serpente Nora C
Bought by
Parker Stephanie E and Berkebile Robert G
Seller's Agent
Maxine Greenberg
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$515,000
Sold Price
$480,000
Premium/Discount to List
-$35,000
-6.8%
Current Estimated Value
$995,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,183
Avg. Annual Appreciation
14.89%
Original Mortgage
$432,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Judge Diane
Bought by
Serpente Robert and Serpente Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Judge William A and Judge Diane M
Bought by
Judge Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2001
Sold by
Rizzo Valenti Inc
Bought by
Judge William A and Judge Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2001
Sold by
Ponzio Arthur and Brooks Robert
Bought by
Rizzo Valenti Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.88%
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
Parker Stephanie E $480,000 None Available
Serpente Robert $379,000 --
Judge Diane M -- The Title Company Of Jersey
Judge William A $250,000 Commonwealth Land Title Ins
Rizzo Valenti Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berkebile Robert G $432,000
Previous Owner Serpente Robert F $258,000
Previous Owner Serpente Robert F $275,000
Previous Owner Serpente Robert $303,200
Previous Owner Judge Diane M $204,000
Previous Owner Judge William A $37,500
Previous Owner Judge William A $200,000
Previous Owner Rizzo Valenti Inc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $480,000 -5.3% --
05/14/2020 05/14/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $507,000 -1.6% --
05/04/2020 05/04/20 For Sale $515,000 -- --
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
2024 $7,449 $436,100 $144,800 $291,300
2023 $6,882 $436,100 $144,800 $291,300
2022 $6,882 $436,100 $144,800 $291,300
2021 $6,786 $436,100 $144,800 $291,300
2020 $6,751 $436,100 $144,800 $291,300
2019 $6,725 $436,100 $144,800 $291,300
2018 $6,816 $436,100 $144,800 $291,300
2017 $6,825 $436,100 $144,800 $291,300
2016 $6,594 $436,100 $144,800 $291,300
2015 $6,489 $436,100 $144,800 $291,300
2014 $6,367 $436,100 $144,800 $291,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536573

South Jersey Shore Regional MLS

APN: 16-00431-0000-00022-03