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24 North Delavan Avenue

24 North Delavan Avenue, Margate City, NJ 08402
Sold Dec 13, 2019
$829,000
$621,750 by Bank Of America Na
Mortgage Due Dec 01, 2049
Sold Jul 25, 2018
$325,000
$350,000 by Ability Insurance Co
Mortgage
Local assessors in Margate City, NJ have categorized 24 North Delavan Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 2,583 square feet. The linear feet between the front and back of the lot was measured at 630 ft and the front of the lot was measured at 410 ft. This is a 3 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 24 North Delavan Avenue has a total of 2,361 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this 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, 24 North Delavan Avenue sold most recently in Nov 15, 2019 for a total of $829,000. If you work out the math, that's approximately a cost of $351.12 per sqft. Before that, the property was also sold for $325,000 in Jul 12, 2018. 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 $12,138 in taxes each year. 24 North Delavan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $769,200. If we break it down further, the land itself was valued at $280,100. Improvements to the property, however, were assessed at a total of $489,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Condition

New Construction

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,583
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,361
  • Building Area: 2,361
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,361
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BACHRACH JOSHUA
  • Current Owner 2: BACHRACH MICHELLE
  • Previous Owner : CHAPMAN RE HOLDINGS LTD LIBILITY CO
  • Owner Before Previous Owner: PAGLIUSO FRANK L
  • Owner Before Previous Owner 2: PAGLIUSO CROSSETTA
  • 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 8
  • District: 16
  • Parcel: 16 00204- 03-00023- 01
  • Block: 204.03
  • Lot: 23.01
  • Municipality: MARGATE CITY
  • Latitude: 39.3329
  • Longitude: -74.498

    Address

  • Full Address: 24 N Delavan Ave
  • Address - House Number: 24
  • Street Direction: N
  • Address - Street Name: Delavan
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C087
  • 4-Digit Zip Code: 1941
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,138

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 1,473,089
  • High Value: 1,858,111
  • Low Value: 1,088,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $621,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 13, 2019
  • First Open Lien Mortgage Loan Amount: $621,750
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $769,200
  • Market Land Value: $280,100
  • Market Improvement Value: $489,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $769,200
  • Assessed Land Value: $280,100
  • Assessed Improvements Value: $489,100

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Transaction ID: 11716319420
  • Current Sale Price: $829,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019061547
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: Jul 12, 2018
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 13, 2019
  • First Mortgage Loan Amount: $621,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ABILITY INSURANCE CO
  • Previous Mortgage Transaction Date: Jul 25, 2018
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Margate City



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Frequently Asked Questions

What neighborhood is 24 North Delavan Avenue located in?
The 24 North Delavan Avenue is a house located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 24 North Delavan Avenue?
The average sales price for units in 24 North Delavan Avenue is $925,000 currently.

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