NOT LISTED FOR SALE

10 West Dr Margate City, NJ 08402

Estimated Value: $1,778,000 - $1,988,000

4 Beds
2.5 Baths
2,382 Sq Ft
$780/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $1,500,000 $630 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,582/month

2 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Living Room with Fireplace
  • Sun or Florida Room

About This Home

As of June 2022

Situated on the largest lot in historic Marven Gardens, this four-bedroom Tudor-style home showcases charming original details alongside the newly attractive modern upgrades. The house sits on nearly two lots and is set back from the street, giving it a lush front lawn and feeling of grandeur. Its private driveway is one of the few in Marven Gardens, and leads to an attached garage and a huge backyard. The living room, anchored by a beautiful wood fireplace with an eye-catching tapered chimney, leads to a light-filled sunroom. The brand new custom kitchen boasts high-end appliances and new cabinetry. A bonus space off of the kitchen can be used as a fifth bedroom, playroom, or office and is steps away from the 1st floor powder room. The home’s stunning original hardwood floors with mahogany inlay continue upstairs throughout the four bedrooms. The generously sized master bedroom features an en-suite bathroom, while the remaining three bedrooms share a full bathroom off of the hallway. Charming, and lovingly maintained with upgrades like newer Anderson windows, this wonderful Marven Gardens property is not to be missed. Contact us for a full list of upgrades.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 05/07/2022

BHHS FOX and ROACH-Margate

Co-Listed By

SUSAN SZATMARY

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Vincent Novelli

Compass Real Estate-Margate

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Lot Details

  • 7,928

Parking

  • 3 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Sun or Florida Room
  • Storm Screens

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Sprinkler System
  • The property is located in a historic district

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Kitchen Center Island
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Florida Room

Exterior Features

  • Outside Features: Deck, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Historical District
  • Lot Dimensions: 108x52 irreg
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 8, 2022
Sold by
Breslin William J and Breslin Judith G
Bought by
Novelli Vincent F and Novelli Therese R
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Vincent Novelli
Compass Real Estate-Margate
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$1,858,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,811
Avg. Annual Appreciation
6.36%
Original Mortgage
$850,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2019
Closed on
Jul 11, 2019
Sold by
Marven Atlantic Properties Llc
Bought by
Breslin William J and Breslin Judith G
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.72%

Purchase Details

Closed on
Aug 20, 2018
Sold by
Justman Seth Martin and The Margaret Justman Suttle Tr
Bought by
Marven Atlatic Properties Llc

Purchase Details

Closed on
Mar 25, 2005
Sold by
Suttle Margaret Justman
Bought by
Justman Seth Martin and Margaret Justman Suttle Trust

Purchase Details

Closed on
May 15, 1998
Sold by
Suttle Margaret Justman
Bought by
Suttle Margaret Justman and Justman Paul Evans
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Novelli Vincent F $1,500,000 None Listed On Document
Breslin William J $575,000 Trident Land Transfer Co Nj
Marven Atlatic Properties Llc -- None Available
Justman Seth Martin -- --
Suttle Margaret Justman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novelli Vincent F $499,850
Previous Owner Novelli Vincent F $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $1,500,000 -6.0% $630 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $1,595,000 +177.4% $670 / Sq Ft
07/10/2019 07/10/19 Sold $575,000 -8.0% $241 / Sq Ft View Prior Sale
05/25/2019 05/25/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $625,000 -- $262 / 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 $9,648 $564,900 $409,200 $155,700
2024 $9,648 $564,900 $409,200 $155,700
2023 $8,914 $564,900 $409,200 $155,700
2022 $8,914 $564,900 $409,200 $155,700
2021 $8,790 $564,900 $409,200 $155,700
2020 $8,745 $564,900 $409,200 $155,700
2019 $8,711 $564,900 $409,200 $155,700
2018 $8,829 $564,900 $409,200 $155,700
2017 $8,841 $564,900 $409,200 $155,700
2016 $8,541 $564,900 $409,200 $155,700
2015 $8,406 $564,900 $409,200 $155,700
2014 $8,248 $564,900 $409,200 $155,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 562702

South Jersey Shore Regional MLS

APN: 16-00201-04-00056