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8205 Monmouth Avenue

8205 Monmouth Avenue, Margate City, NJ 08402
Property in Margate City
Sold May 06, 2020
$474,500
$379,600 by Caliber Home Loans Inc
Mortgage Due May 01, 2050
Sold Dec 21, 2011
$490,000
Local assessors in Margate City, NJ have categorized 8205 Monmouth Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 2,701 square feet. The linear feet between the front and back of the lot was measured at 675 ft and the front of the lot was measured at 400 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 8205 Monmouth Avenue has a total of 1,547 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 garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. The property was last sold in Apr 20, 2020 for $474,500. That's $306.72 per sqft. Prior to that sales transaction, the property was also sold in Dec 15, 2011 for $490,000. 8205 Monmouth Avenue was last assessed in 2023. The total value of the property was assessed at $328,600. Specifically, the land the property is located on was valued at $225,800. While improvements on the property were assessed at a total of $102,800. 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 $5,185. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,701
  • Lot Size Depth Feet: 675
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,547
  • Building Area: 1,547
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,547
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DERRICO PETER DANIEL
  • Current Owner 2: DERRICO LAURA C
  • Previous Owner : YOUNG BARBARA A
  • Owner Before Previous Owner: KOCH STEPHANIE
  • Owner Before Previous Owner 2: KOCH DANIEL M
  • 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 10
  • District: 16
  • Parcel: 16 00410- 02-00020
  • Block: 410.02
  • Lot: 20
  • Municipality: MARGATE CITY
  • Latitude: 39.3316
  • Longitude: -74.5047

    Address

  • Full Address: 8205 Monmouth Ave
  • Address - House Number: 8205
  • Address - Street Name: Monmouth
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C088
  • 4-Digit Zip Code: 1759
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,185

    Appraisal Valuation

  • Standard Deviation: 0.2468
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 785,041
  • High Value: 978,850
  • Low Value: 591,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,600
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: May 06, 2020
  • First Open Lien Mortgage Loan Amount: $379,600
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $328,600
  • Market Land Value: $225,800
  • Market Improvement Value: $102,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,600
  • Assessed Land Value: $225,800
  • Assessed Improvements Value: $102,800

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: May 06, 2020
  • Current Sale Transaction ID: 11761235638
  • Current Sale Price: $474,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020024829
  • Previous Sale Recording Date: Dec 21, 2011
  • Previous Sale Contract Date: Dec 15, 2011
  • Previous Sale Amount: $490,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: May 06, 2020
  • First Mortgage Loan Amount: $379,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Margate City



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Frequently Asked Questions

What neighborhood is 8205 Monmouth Avenue located in?
The 8205 Monmouth Avenue is a located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 8205 Monmouth Avenue?
The average sales price for units in 8205 Monmouth Avenue is $0 currently.

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