NOT LISTED FOR SALE

22 N Jerome Ave Margate City, NJ 08402

Estimated Value: $1,358,000 - $2,011,000

5 Beds
3.5 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold September 25, 2020

Last sale price $785,000

Est. 117% increase in value since last sale

Current estimated payment $9,925/month

27 Days on Market

Highlights

  • New Construction
  • Deck
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of September 2020

ANOTHER GORGEOUS NEW CONSTRUCTION BROUGHT TO YOU BY BEN CHAPMAN DEVELOPMENT!!! This luxurious first-block North home offers 5 bedrooms and 3 and a half baths just steps from the beach! Showcasing high ceilings, hardwood flooring, custom woodwork throughout, including stunning coffered ceilings, custom wainscoting, and gorgeous crown molding, this beauty is sure to impress! The large open floor plan features a family room, a gourmet kitchen w/ high-end stainless steel appliances including a large center island with ample counter seating, and a generous dining area! A mud/utility room and a powder room complete the first floor. The second floor boasts two spacious bedrooms sharing a large full bath and generously-sized master suite w/ large walk-in closet and gorgeous master bath! The third floor will have two more generously-sized bedrooms and another full bath! This spectacular new home also includes large front decks to enjoy your morning cup of coffee in the sun or late afternoon cocktails in the shade!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 07/13/2020

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Julie Lomas

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,939

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50x75
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,939

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Porch, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50X75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 23, 2020
Sold by
Nationwide Finance Credit Llc
Bought by
Kaleck Robin and Kaleck Brian
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Julie Lomas
NEW ERA REAL ESTATE-B
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%
Current Estimated Value
$1,706,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,035
Avg. Annual Appreciation
16.47%
Original Mortgage
$250,000
Outstanding Balance
$221,858
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,484,177
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
Kaleck Robin $785,000 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaleck Robin $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $785,000 -4.8% --
08/09/2020 08/09/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $825,000 -- --
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 $11,939 $699,000 $291,600 $407,400
2024 $11,939 $699,000 $291,600 $407,400
2023 $11,403 $699,000 $291,600 $407,400
2022 $11,403 $722,600 $291,600 $431,000
2021 $11,244 $722,600 $291,600 $431,000
2020 $8,460 $546,500 $291,600 $254,900
2019 $4,496 $291,600 $291,600 $0
2018 $4,558 $291,600 $291,600 $0
2017 $4,564 $291,600 $291,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539147

South Jersey Shore Regional MLS

APN: 16-00212-02-00005-03