NOT LISTED FOR SALE

21 S Madison Ave Unit 1 Margate City, NJ 08402

Estimated Value: $596,337 - $607,000

2 Beds
2 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold December 30, 2013

Last sale price $230,000

Est. 165% increase in value since last sale

Current estimated payment $3,610/month

26 Days on Market

Highlights

  • Spa
  • Deck
  • Ground Level Unit
  • William H. Ross III Intermediate School Rated A-
  • End Unit
  • Kitchen Island

About This Home

As of December 2013

Owner sells "SELL"! Blow out price price for a 2 bedroom 2 bath condo that is a half block to the beach! Open layout, granite counter tops, new carpeting & marble baths. Walking distance to restaurants & stores. Park your car and walk everywhere! Large third floor deck for relaxation with ocean views. Individual storage unit. Serious seller wants this unit SOLD! Owner will consider all offers. Two week window on this listing or it will be rented out. Key only, easy to show. HURRY!!!

Last Agent to Sell the Property

Joanne Ferraro

BHHS FOX and ROACH-Margate Listed on: 10/12/2013

BHHS FOX and ROACH-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Lot Details

  • 6,229

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • End Unit
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash
  • Manhattan Condos

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • 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, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch, Storage Facility

Exterior Features

  • Siding Exterior: Stucco

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Manhattan
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Lavecchia Robert
Bought by
Mcgettigan Thomas and Mcgettigan Nicole
Current Estimated Value
$609,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,350
Outstanding Balance
$319,694
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$281,390

Purchase Details

Listed on
Oct 12, 2013
Closed on
Dec 30, 2013
Sold by
Magaziner Properties Llc
Bought by
Lavecchia Robert
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$207,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2000
Sold by
Magaziner Steven
Bought by
Magaziner Properties Llc

Purchase Details

Closed on
Aug 5, 1998
Sold by
High Tide Realty Llc
Bought by
Magaziner Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgettigan Thomas $499,000 Surety Title
Lavecchia Robert $230,000 None Available
Magaziner Properties Llc -- --
Magaziner Steven $107,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgettigan Thomas $324,350
Previous Owner Lavecchia Robert $207,000
Previous Owner Magaziner Steven $96,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $230,000 0.0% --
11/07/2013 11/07/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $230,000 -- --
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 $4,835 $283,100 $146,700 $136,400
2024 $4,835 $283,100 $146,700 $136,400
2023 $4,467 $283,100 $146,700 $136,400
2022 $4,467 $283,100 $146,700 $136,400
2021 $4,405 $283,100 $146,700 $136,400
2020 $4,382 $283,100 $146,700 $136,400
2019 $4,365 $283,100 $146,700 $136,400
2018 $4,425 $283,100 $146,700 $136,400
2017 $4,431 $283,100 $146,700 $136,400
2016 $4,280 $283,100 $146,700 $136,400
2015 $4,213 $283,100 $146,700 $136,400
2014 $4,133 $283,100 $146,700 $136,400
Source: Public Records

Agents Affiliated with this Home

  • Joanne Ferraro

    Seller's Agent in 2013

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    16 in this area

    91 Total Sales

    Joanne Ferraro
    Section Image

  • A

    Buyer's Agent in 2013

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 418964

South Jersey Shore Regional MLS

APN: 16-00129-0000-00201-0000-C0001

New Jersey Atlantic County Margate City 08402

21 S Madison Ave Unit 1, Margate City, NJ

Not Listed for Sale

Condos

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