$590,000
SOLD SEP 26, 2022

300 N Jerome Ave Margate City, NJ 08402

3 Beds
1.5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

1% Below List Price

15 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Patio
  • William H. Ross III Intermediate School Rated A-
  • Breakfast Area or Nook
  • 1-minute walk to Jerome Avenue Park

About This Home

As of September 2022

MARGATE ENTHUSIASTS ALERT! This is a terrific opportunity to own in Margate for under $600K! Conveniently located in the heart of town this 3BR, 1.5BA split level home is just steps to the ball fields, tennis courts, Community Center, not to mention the stellar Margate Schools and beautiful beaches are a 5-minute walk away. As you enter this home you will be greeted by the charming entryway with a few stairs up to an open living/dining room and adjacent kitchen. The kitchen overlooks a family room on the main level which accesses the patio and large fenced back yard. The main level also has a powder room and a bonus room currently being used as a large mud/laundry room with additional outdoor access to the driveway. Stairs from the living room lead up to 3 nice sized bedrooms and a shared full bathroom with double vanity. Additional outdoor features include an outdoor shower, off street parking for 3 cars, a shed plus room to build a potential garage! Don’t miss out on this opportunity to enjoy all Margate has to offer year-round, as a summer get away or investment property. The possibilities are endless with this one!

Last Agent to Sell the Property

Sean Tannehill

NEW ERA REAL ESTATE-B License #1223038 Listed on: 08/04/2022

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Constance Mong

Best Choice Real Estate License #0561599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Lot Details

  • Lot Dimensions are 66.8 x 64.5
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Concrete Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Dining Area
  • Recreation Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Patio
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1 1/2 Story
  • Also Includes: Blinds
  • Estate: Yes
  • Lvt Date: 08/04/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Breakfast Nook, Dining Area, Eat In Kitchen, Laundry/Utility Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Patio, Shed, Sidewalks
  • Siding Exterior: Concrete
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 66.8 x 64.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 7, 2022
Sold by
Lavery Stephen A
Bought by
Santoro Brittani A and Santoro Jonathan
Seller's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
Buyer's Agent
Constance Mong
Best Choice Real Estate
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
31
Current Estimated Value
$925,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,145
Avg. Annual Appreciation
19.49%
Original Mortgage
$440,000
Outstanding Balance
$420,990
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$553,852

Purchase Details

Closed on
Apr 21, 2011
Sold by
Scalzo Frank P and Scalzo Marie
Bought by
Kelley Lavery Barbara A and Lavery Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1997
Sold by
Borek Florence A S
Bought by
Scalzo Frank P and Scalzo Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.48%
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 Type Sale Price Title Company
Deed $590,000 --
Bargain Sale Deed $270,000 First American Title Ins Co
Deed $130,000 The Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $196,000 Unknown
Previous Owner $196,910 Unknown
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Rented $15,000 -59.5% --
04/19/2023 04/19/23 Price Changed $37,000 -7.5% $23 / Sq Ft
04/02/2023 04/02/23 For Rent $40,000 0.0% --
09/26/2022 09/26/22 Sold $590,000 -0.8% --
08/19/2022 08/19/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $595,000 -- --
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 $5,358 $313,700 $226,500 $87,200
2023 $4,950 $313,700 $226,500 $87,200
2022 $4,950 $313,700 $226,500 $87,200
2021 $4,881 $313,700 $226,500 $87,200
2020 $4,856 $313,700 $226,500 $87,200
2019 $4,837 $313,700 $226,500 $87,200
2018 $4,903 $313,700 $226,500 $87,200
2017 $4,909 $313,700 $226,500 $87,200
2016 $4,743 $313,700 $226,500 $87,200
2015 $4,668 $313,700 $226,500 $87,200
2014 $4,580 $313,700 $226,500 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 565820

South Jersey Shore Regional MLS

APN: 16-00512-02-00001