NOT LISTED FOR SALE

8903 Monmouth Ave Margate City, NJ 08402

Estimated Value: $1,614,371 - $2,174,000

2 Beds
2 Baths
-- Sq Ft
2,962 Sq Ft Lot

Last Sold April 04, 2014

Last sale price $560,000

Est. 247% increase in value since last sale

Current estimated payment $11,643/month

96 Days on Market

Highlights

  • Ranch Style House
  • Fenced
  • Carpet
  • William H. Ross III Intermediate School Rated A-

About This Home

As of April 2014

Double lot available in Margate's finest parkway section. Lot size 74 X 80!!!!!! priced for land value home being sold "AS IS."

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 11/04/2013

Compass Real Estate-Margate

Co-Listed By

Vincent Novelli

Compass Real Estate-Margate

Last Buyer's Agent

GARRETT F TURNBULL

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,634

Lot Details

  • Lot Dimensions are 74 x 80
  • Fenced
  • Sprinkler System

Home Design

  • Ranch Style House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,634

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Flooring: W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Outside Features: Fenced Yard, Sprinkler System

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 74 X 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Landmark Development No 4 Llc
Bought by
Simon Lori
Current Estimated Value
$1,943,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2013
Closed on
Apr 4, 2014
Sold by
Magen Myer and Magen Miriam G
Bought by
Landmark Development No 4 Llc
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$1,032,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Simon Lori $800,000 Mutual Title Agency
Landmark Development No 4 Llc $560,000 Landis Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Lori Sanders $365,000
Closed Simon Lori $400,000
Previous Owner Landmark Development No 4 Llc $1,032,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold $560,000 0.0% --
02/08/2014 02/08/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $560,000 -- --
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 $12,634 $739,700 $241,400 $498,300
2024 $12,634 $739,700 $241,400 $498,300
2023 $11,480 $727,500 $241,400 $486,100
2022 $11,480 $727,500 $241,400 $486,100
2021 $11,320 $727,500 $241,400 $486,100
2020 $11,262 $727,500 $241,400 $486,100
2019 $11,218 $727,500 $241,400 $486,100
2018 $11,371 $727,500 $241,400 $486,100
2017 $11,385 $727,500 $241,400 $486,100
2016 $11,000 $727,500 $241,400 $486,100
2015 $10,825 $266,400 $241,400 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Novelli

    Seller's Agent in 2014

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    85 in this area

    173 Total Sales

    Linda Novelli
    Section Image
  • Vincent Novelli

    Seller Co-Listing Agent in 2014

    Vincent Novelli

    Compass Real Estate-Margate

    (609) 335-4501

    48 in this area

    73 Total Sales

    Vincent Novelli
    Section Image

  • G

    Buyer's Agent in 2014

    GARRETT F TURNBULL

    RE/MAX Platinum Properties

    (609) 839-3431

    2 in this area

    22 Total Sales

    GARRETT F TURNBULL
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 419957

South Jersey Shore Regional MLS

APN: 16-00420-0000-00010-02

New Jersey Atlantic County Margate City 08402

8903 Monmouth Ave, Margate City, NJ

This home is located at 8903 Monmouth Ave, Margate City, NJ 08402 since 04 November 2013 and is currently estimated at $1,943,593. 8903 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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