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108 South Douglas Avenue

108 South Douglas Avenue, Margate City, NJ 08402
Property in Margate City
Sold Jun 20, 2005
$1,700,000
$500,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2035
Sold Mar 15, 2005
$1,450,000
$1,000,000 by New Jersey Lenders Corp
Mortgage Due Apr 01, 2035
Local assessors in Margate City, NJ have categorized 108 South Douglas Avenue as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 4,687 square feet. The linear feet between the front and back of the lot was measured at 625 ft and the front of the lot was measured at 750 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 108 South Douglas Avenue has a total of 3,010 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. Lots of brick were used in the construction of the exterior walls of the home. The property was last sold in May 4, 2005 for $1,700,000. That's $564.78 per sqft. Prior to that sales transaction, the property was also sold in Mar 4, 2005 for $1,450,000. 108 South Douglas Avenue was last assessed in 2023. The total value of the property was assessed at $1,815,900. Specifically, the land the property is located on was valued at $1,066,500. While improvements on the property were assessed at a total of $749,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $28,655. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,687
  • Lot Size Depth Feet: 625
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,010
  • Building Area: 3,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SILVERMAN STANLEY W
  • Current Owner 2: SILVERMAN ELLEN J
  • Previous Owner : BROS LLC
  • Owner Before Previous Owner: PACKEL NATALIE
  • Owner Before Previous Owner 2: RICHFIELD CARYN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Margate City School District
  • Census Tract: 013000

Zoning

  • Zoning: S-30

Geography

  • Assessors Map Reference: TAX MAP 20
  • District: 16
  • Parcel: 16 00005- 01-00013
  • Block: 5.01
  • Lot: 13
  • Municipality: MARGATE CITY
  • Latitude: 39.329
  • Longitude: -74.4955

    Address

  • Full Address: 108 S Douglas Ave
  • Address - House Number: 108
  • Street Direction: S
  • Address - Street Name: Douglas
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C087
  • 4-Digit Zip Code: 2706
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 20, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035

    Market Valuation

  • Market Total Value: $1,815,900
  • Market Land Value: $1,066,500
  • Market Improvement Value: $749,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,815,900
  • Assessed Land Value: $1,066,500
  • Assessed Improvements Value: $749,400

    Sales

  • Current Sale Contract Date: May 04, 2005
  • Current Sale Recording Date: Jun 20, 2005
  • Current Sale Transaction ID: 1191359633
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 5065136
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Contract Date: Mar 04, 2005
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 20, 2005
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NEW JERSEY LENDERS CORP
  • Previous Mortgage Transaction Date: Mar 15, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Margate City



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Frequently Asked Questions

What neighborhood is 108 South Douglas Avenue located in?
The 108 South Douglas Avenue is a located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 108 South Douglas Avenue?
The average sales price for units in 108 South Douglas Avenue is $0 currently.

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