$2,320,000
SOLD OCT 30, 2024

10 S Hanover Ave Margate City, NJ 08402

6 Beds
4 Baths
1,790 Sq Ft
2,744 Sq Ft Lot

Recently Sold

$1,296 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Water Views
  • Spa
  • Cathedral Ceiling
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2024

SOUTHSIDE & GORGEOUS WITH SPECTACULAR FINISHES & DETAILS THROUGHOUT!!! Move right in and enjoy this magnificent home with 5/6 bedrooms, 4 FULL baths and so much more-- nothing to do here but relax and unwind! Just under 10 years young and only a few steps to the beach and some of Margate's best stores and shops. Beautiful front porch with retractable awnings and lots of seating & privacy. You will go "WOW" when you walk through the front door into this stunning living space with large living room, custom built-in dining area, built-in bar and everything you need to entertain at the beach. Designer kitchen with high-end appliance package, custom cabinets with accent lighting and perfect center island with more seating. First floor den or bedroom with full bath! Incredible outdoor kitchen and large wrap-around, outdoor patio for all of the beach barbecues. New wide-plank hardwood flooring. 3 Bedrooms on the next floor up with a dreamy master-suite with vaulted ceilings, private balcony, walk-in closet and relaxing NEW master bath with rain shower head, body sprays and steam shower. 2 other bedrooms with a shared full bath with laundry chute! Amazing third floor with two more guest bedrooms, full bath and OCEAN VIEWS! 8' solid wood doors, 10' ceilings, rounded corners and oversized base and crown molding throughout. Built under old zoning with just a few steps up to the front door!! THIS HOME REALLY HAS IT ALL!!

Last Agent to Sell the Property

Dana Hartman

BHHS FOX and ROACH-Margate II Listed on: 06/26/2024

BHHS FOX and ROACH-Margate II

Co-Listed By

Paula Hartman

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II Listed on: 06/26/2024

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,760

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 44x62.5
  • Fenced
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Great Room
  • Dining Area
  • Library
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Southside Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,760

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Shades
  • Lvt Date: 06/28/2024
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Cathedral Ceiling, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Porch, Shed, Sidewalks, Sprinkler System, Whirlpool/Spa, Enclosed Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned, Wall Units
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas, Tankless-Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 44x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 29, 2024
Sold by
Block Joshua and Block Gayle
Bought by
Ryder John P and Ryder Joanne R
Seller's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$2,249,000
Sold Price
$2,320,000
Premium/Discount to List
$71,000
3.16%
Views
27
Current Estimated Value
$2,377,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,656
Avg. Annual Appreciation
3.00%
Original Mortgage
$800,000
Outstanding Balance
$791,409
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,586,247

Purchase Details

Listed on
Jun 2, 2017
Closed on
Dec 22, 2017
Sold by
Esposito Stephen and Esposito Jaime
Bought by
Block Joshua and Block Gayle
Seller's Agent
Suzanne Strauss Lawler
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$920,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2014
Closed on
Dec 31, 2014
Sold by
Palermo Joseph and Palermo Iris
Bought by
Esposito Stephen and Esposito Jaime
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Suzanne Strauss Lawler
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$1,160,000
Sold Price
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Flood James A and Ruggieri Kathleen
Bought by
Palermo Iris and Palermo Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2006
Sold by
Sobell Jay
Bought by
Flood James and Ruggieri Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,320,000 Trident Land Transfer
Deed $1,150,000 None Available
Deed $1,160,000 Surety Title
Bargain Sale Deed $650,000 None Available
Deed $650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $880,650 New Conventional
Previous Owner $920,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $0 Unknown
Previous Owner $937,500 Adjustable Rate Mortgage/ARM
Previous Owner $992,000 Unknown
Previous Owner $492,000 Credit Line Revolving
Previous Owner $160,000 Unknown
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $2,320,000 +3.2% $1,296 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $2,249,000 +95.6% $1,256 / Sq Ft
12/29/2017 12/29/17 Sold $1,150,000 0.0% $642 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,150,000 -0.9% $642 / Sq Ft
12/31/2014 12/31/14 Sold $1,160,000 0.0% $648 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $1,160,000 -- $648 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,760 $805,600 $398,200 $407,400
2024 $13,760 $805,600 $398,200 $407,400
2023 $12,712 $805,600 $398,200 $407,400
2022 $12,712 $805,600 $398,200 $407,400
2021 $12,535 $805,600 $398,200 $407,400
2020 $12,471 $805,600 $398,200 $407,400
2019 $12,422 $805,600 $398,200 $407,400
2018 $12,592 $805,600 $398,200 $407,400
2017 $12,608 $805,600 $398,200 $407,400
2016 $12,170 $804,900 $398,200 $406,700
2015 $11,977 $804,900 $398,200 $406,700
2014 $11,752 $804,900 $398,200 $406,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586626

South Jersey Shore Regional MLS

APN: 16-00110-02-00018