NOT LISTED FOR SALE

8900 Monmouth Ave Margate City, NJ 08402

Estimated Value: $1,080,000 - $1,576,000

4 Beds
2.5 Baths
-- Sq Ft
3,615 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $505,000

Est. 162% increase in value since last sale

Current estimated payment $7,810/month

195 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • Den
  • Patio

About This Home

As of March 2019

Meticulously maintained Large single family home in the desirable Parkway section of Margate... Great Corner location! Home features: 4 Bedrooms, 2.5 baths, Brand New 92% efficient Gas heat & Central air units installed Sept 2018, Gas fireplace, Hardwood floors, Ceramic tile, 5yr old Upgraded kitchen with granite counters & Stainless steel appliances, & Huge storage room. New roof and Vinyl siding only 2yrs old, HUGE front porch with awning, great corner lot, and off street parking. Centrally located close to everything!

Last Agent to Sell the Property

RONALD C GIFFORD JR.

Compass New Jersey-Ocean City (O463E) Listed on: 07/25/2018

Last Buyer's Agent

Mitchell Zitomer

OCF REALTY, LLC

OCF REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 45 x 80
  • Corner Lot
  • Sprinkler System

Parking

  • Parking Pad

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,553

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Estate: Yes
  • Lvt Date: 07/27/2018
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Slab
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Patio, Paved Road, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Parking Pad

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 45 X 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Mar 29, 2019
Sold by
Estate Of Dolores Albero
Bought by
Frankel Steven H
Seller's Agent
RONALD C GIFFORD JR.
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Mitchell Zitomer
OCF REALTY, LLC
List Price
$639,900
Sold Price
$505,000
Premium/Discount to List
-$134,900
-21.08%
Current Estimated Value
$1,320,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,605
Avg. Annual Appreciation
16.15%
Original Mortgage
$404,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Frankel Steven H $505,000 Surety Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankel Steven H $409,750
Closed Frankel Steven H $410,775
Closed Frankel Steven H $404,000
Previous Owner Albero Dolores $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $505,000 -8.2% --
02/05/2019 02/05/19 Pending -- -- --
11/12/2018 11/12/18 Price Changed $549,900 -8.3% --
10/22/2018 10/22/18 Price Changed $599,900 -6.3% --
09/26/2018 09/26/18 Price Changed $639,900 +6.7% --
09/11/2018 09/11/18 Price Changed $599,900 -6.3% --
07/25/2018 07/25/18 For Sale $639,900 -- --
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 $7,553 $442,200 $305,000 $137,200
2024 $7,553 $442,200 $305,000 $137,200
2023 $6,978 $442,200 $305,000 $137,200
2022 $6,978 $442,200 $305,000 $137,200
2021 $6,881 $442,200 $305,000 $137,200
2020 $6,845 $442,200 $305,000 $137,200
2019 $0 $442,200 $305,000 $137,200
2018 $0 $442,200 $305,000 $137,200
2017 $0 $442,200 $305,000 $137,200
2016 $0 $442,200 $305,000 $137,200
2015 -- $442,200 $305,000 $137,200
2014 -- $442,200 $305,000 $137,200
Source: Public Records

Agents Affiliated with this Home

  • RONALD C GIFFORD JR.

    Seller's Agent in 2019

    RONALD C GIFFORD JR.

    Compass New Jersey-Ocean City (O463E)

    (609) 425-2984

    126 Total Sales

    RONALD C GIFFORD JR.
    Section Image
  • Mitchell Zitomer

    Buyer's Agent in 2019

    Mitchell Zitomer

    OCF REALTY, LLC

    (609) 822-4200

    13 in this area

    19 Total Sales

    Mitchell Zitomer
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 508850

South Jersey Shore Regional MLS

APN: 16-00320-0000-00013

New Jersey Atlantic County Margate City 08402

8900 Monmouth Ave, Margate City, NJ

This home is located at 8900 Monmouth Ave, Margate City, NJ 08402 since 25 July 2018 and is currently estimated at $1,320,605. This property was built in 1950. 8900 Monmouth Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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