NOT LISTED FOR SALE

Estimated Value: $539,000 - $745,000

3 Beds
2.5 Baths
2,252 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $500,000 $222 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,795/month

5 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Laundry Room
  • Wood Flooring
  • Walk-In Closet
  • Storage

About This Home

As of April 2024

This street to street, well maintained and oh so charming house has many updates and upgrades! Walk up the newly re pointed brick steps with new black wrought iron railings leading up to the entrance and finished Sun Room! The large living room has a wood burning fireplace, builtins, charming moulding and under the carpets are the original hardwoods! There is a large formal dining room with parquet Harwood floors with inlays. Before entering the renovated Eat in kitchen with quality cabinets, tile backsplash and stainless appliances there is a small open space that was once a built in bar area! The kitchen has a French door that leads to the top of the 2 car garage and is a large deck for entertaining and sunbathing there is also off street parking for at least 2 cars! Also on the 1st floor is an oversized laundry room with builtin cabinets and a powder room. The 2nd floor has a landing area with access to the huge master suite with 3 closets and a master bath with marble floors. (This space may have been 2 rooms at one time - pre current owner). The hall bath is for the other 2 bedrooms. The huge basement is used primarily for storage. Desirable AC Chelsea area, 3 short blocks to the Beach & Boardwalk and just 2 to the Bay!!

Last Agent to Sell the Property

Lisa Alper-Russo

PLATINUM REAL ESTATE License #SP-8437430 Listed on: 02/08/2024

PLATINUM REAL ESTATE

Last Buyer's Agent

Julie Cicali

REAL-MARGATE License #2079075

REAL-MARGATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,293

Year Built

  • Built in 1900

Lot Details

  • 3,223

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 80x40

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,293

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds
  • Estate: Yes
  • Lvt Date: 02/08/2024
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Storage, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: Size: large w 3 closets, On Level: Upper
  • Bedroom 2: Size: nice, On Level: Upper
  • Bedroom 3: Size: bright, On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Full, Heated, Inside Entrance, Outside Entrance, Unfinished
  • Dining Room: Size: formal, On Level: Main
  • Kitchen: Size: renovated, On Level: Main
  • Living Room: Size: with hardwoods, On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Sidewalks
  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 80x40
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Apr 12, 2024
Sold by
Russo Thomas J and Napoli Leigh Ann
Bought by
Mele Larry and Mele Jessica
Seller's Agent
Lisa Alper-Russo
PLATINUM REAL ESTATE
Buyer's Agent
Julie Cicali
REAL-MARGATE
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Views
25
Current Estimated Value
$582,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,046
Avg. Annual Appreciation
11.46%
Original Mortgage
$400,000
Outstanding Balance
$395,834
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$181,160
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
Mele Larry $500,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mele Larry $400,000
Previous Owner Russo Thomas J $24,500
Previous Owner Russo Thomas J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $500,000 +0.2% $222 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $499,000 -- $222 / Sq Ft
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 $7,293 $218,500 $65,600 $152,900
2023 $8,003 $218,500 $65,600 $152,900
2022 $8,003 $218,500 $65,600 $152,900
2021 $8,274 $218,500 $65,600 $152,900
2020 $8,346 $218,500 $65,600 $152,900
2019 $7,519 $195,000 $95,000 $100,000
2018 $6,639 $195,000 $95,000 $100,000
2017 $6,695 $203,000 $103,000 $100,000
2016 $7,586 $203,000 $103,000 $100,000
2015 $6,697 $203,000 $103,000 $100,000
2014 $7,450 $230,000 $130,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 581989

South Jersey Shore Regional MLS

APN: 02-00219-0000-00004