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12 South Iroquois Avenue

12 South Iroquois Avenue, Margate City, NJ 08402
Property in Margate City
Sold Apr 29, 2005
$650,000
$520,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2035
12 South Iroquois Avenue has been categorized by the local assessors in Margate City, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12 South Iroquois Avenue has 1,817 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 650 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 2,601 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Apr 19, 2005 for $650,000. That's $357.73 per sqft. 12 South Iroquois Avenue was last assessed in 2023. The total value of the property was assessed at $612,900. Specifically, the land the property is located on was valued at $398,400. While improvements on the property were assessed at a total of $214,500. 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 $9,672. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,601
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,817
  • Building Area: 1,817
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,817
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GIORANO DAVID A
  • Current Owner 2: GIORDANO MARY ANN C
  • Previous Owner : LENETT BARBARA
  • Previous Owner 2: LENETT GILBERT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: S-25

Geography

  • Assessors Map Reference: TAX MAP 2
  • District: 16
  • Parcel: 16 00111- 01-00019
  • Block: 111.01
  • Lot: 19
  • Municipality: MARGATE CITY
  • Latitude: 39.3277
  • Longitude: -74.5018

    Address

  • Full Address: 12 S Iroquois Ave
  • Address - House Number: 12
  • Street Direction: S
  • Address - Street Name: Iroquois
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C088
  • 4-Digit Zip Code: 2621
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,672

    Appraisal Valuation

  • Standard Deviation: 0.275
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 1,094,237
  • High Value: 1,395,170
  • Low Value: 793,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 29, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: May 01, 2035

    Market Valuation

  • Market Total Value: $612,900
  • Market Land Value: $398,400
  • Market Improvement Value: $214,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,900
  • Assessed Land Value: $398,400
  • Assessed Improvements Value: $214,500

    Sales

  • Current Sale Contract Date: Apr 19, 2005
  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Transaction ID: 1129083137
  • Current Sale Price: $650,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5045426

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 29, 2005
  • First Mortgage Loan Amount: $520,000
  • 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: May 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Margate City



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Frequently Asked Questions

What neighborhood is 12 South Iroquois Avenue located in?
The 12 South Iroquois Avenue is a located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 12 South Iroquois Avenue?
The average sales price for units in 12 South Iroquois Avenue is $0 currently.

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