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201 North Thurlow Avenue

201 North Thurlow Avenue, Margate City, NJ 08402
Property in Margate City
Sold Aug 31, 2015
$850,000
$680,000 by Trident Mortgage Company Lp
Mortgage Due Sep 01, 2045
201 North Thurlow Avenue in Margate City, NJ was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 3 floors. 201 North Thurlow Avenue has 2,345 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 740. In total, the area measurement of the land is 2,962 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 201 North Thurlow Avenue sold most recently in Aug 14, 2015 for a total of $850,000. If you work out the math, that's approximately a cost of $362.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,310 in taxes each year. 201 North Thurlow Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $780,100. If we break it down further, the land itself was valued at $241,400. Improvements to the property, however, were assessed at a total of $538,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,962
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,345
  • Building Area: 2,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 10

Ownership

  • Current Owner : COHEN SCOTT
  • Previous Owner : LANDMARK DEVELOPMENT NO 4 LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Margate City School District
  • Census Tract: 013101

Zoning

  • Zoning: S-25

Geography

  • Assessors Map Reference: TAX MAP 11
  • District: 16
  • Parcel: 16 00420-0000-00010- 01
  • Block: 420
  • Lot: 10.01
  • Municipality: MARGATE CITY
  • Latitude: 39.3271
  • Longitude: -74.5121

    Address

  • Full Address: 201 N Thurlow Ave
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Thurlow
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C093
  • 4-Digit Zip Code: 1217
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,310

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,549,067
  • High Value: 1,953,947
  • Low Value: 1,144,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Aug 31, 2015
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Market Valuation

  • Market Total Value: $780,100
  • Market Land Value: $241,400
  • Market Improvement Value: $538,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,100
  • Assessed Land Value: $241,400
  • Assessed Improvements Value: $538,700

    Sales

  • Current Sale Contract Date: Aug 14, 2015
  • Current Sale Recording Date: Aug 31, 2015
  • Current Sale Transaction ID: 1336668871
  • Current Sale Price: $850,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2015050945

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Aug 31, 2015
  • First Mortgage Loan Amount: $680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2045

About Margate City



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Frequently Asked Questions

What neighborhood is 201 North Thurlow Avenue located in?
The 201 North Thurlow Avenue is a located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 201 North Thurlow Avenue?
The average sales price for units in 201 North Thurlow Avenue is $0 currently.

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