NOT LISTED FOR SALE

102 N Sumner Ave Margate City, NJ 08402

Estimated Value: $1,347,000 - $3,167,000

4 Beds
2 Baths
-- Sq Ft
3,267 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $763,000

Est. 234% increase in value since last sale

Current estimated payment $15,345/month

144 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Sun or Florida Room
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Den

About This Home

As of April 2021

Situated on a very desirable Parkway street, on a 41’ x 80’ lot, this lovely 4 bedroom 2 bath home offers endless opportunities. With its great rental history and location, this home makes for a good investment property. The open layout features an expansive front sunroom, spacious living area with a brick fireplace and small adjoining office space, a formal dining room, and updated kitchen. Off of the kitchen is a huge laundry room with access to the backyard. Completing the first floor is a bedroom and full bathroom. On the second floor you will find three large bedrooms and the second full bathroom. Outside there is a large rear fenced yard with a wonderful patio for summer barbecues, an enclosed outdoor shower, detached garage, and parking for up to 4 cars! Perfect for custom renovations or new construction and just 3 blocks to the beach, this immaculate home is a must-see!

Last Agent to Sell the Property

Mark Arbeit

MARKETPLACE REALTY Listed on: 09/10/2020

Co-Listed By

Sean Tannehill

MARKETPLACE REALTY

Last Buyer's Agent

Sherri Lilienfeld

eXp Realty - Montclair

eXp Realty - Montclair

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 41' x 80'
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Location

  • The property is located in a historic district

Utilities

  • Zoned Cooling
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Lot Details

3,267 Sq Ft Lot

Listing Details

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

Interior Features

  • Appliances: Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Florida Room, Laundry/Utility Room, Library/Study, Master Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Patio, Porch, Porch Enclosed
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Historical District
  • Lot Dimensions: 41' X 80'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Mar 25, 2021
Sold by
Sakulich Rhoda Rogers and Sherby Jonathan
Bought by
Soffer Stuart and Soffer Debra
Seller's Agent
Mark Arbeit
MARKETPLACE REALTY
Buyer's Agent
Sherri Lilienfeld
eXp Realty - Montclair
List Price
$825,000
Sold Price
$763,000
Premium/Discount to List
-$62,000
-7.52%
Current Estimated Value
$2,547,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,784,870
Avg. Annual Appreciation
27.96%
Original Mortgage
$495,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2007
Sold by
Sakulich Rhoda Rogers
Bought by
Sakulich Rhoda Rogers and Sherby Jonathan

Purchase Details

Closed on
Mar 5, 2004
Sold by
Finberg Harvey and Finberg Sheila
Bought by
Sakulich Rhoda Rogers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2000
Sold by
Finberg Harvey and Finberg Sheila
Bought by
Finberg Harvey and Finberg Sheila

Purchase Details

Closed on
Nov 22, 1998
Sold by
Averback Bernard
Bought by
Finberg Sheila and Finberg Harvey
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
Soffer Stuart $763,000 City Abstract Llc
Sakulich Rhoda Rogers -- None Available
Sakulich Rhoda Rogers $375,000 Empire Title & Abstract Agen
Finberg Harvey -- --
Finberg Sheila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soffer Stuart $495,000
Previous Owner Sakulich Rhoda Rogers $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $763,000 -7.5% --
02/01/2021 02/01/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $825,000 0.0% --
06/24/2020 06/24/20 Rented -- -- --
10/08/2019 10/08/19 For Rent $25,000 -- --
07/25/2014 07/25/14 Rented -- -- --
06/25/2014 06/25/14 Under Contract -- -- --
12/04/2013 12/04/13 For Rent -- -- --
07/27/2012 07/27/12 Rented -- -- --
06/27/2012 06/27/12 Under Contract -- -- --
01/17/2012 01/17/12 For Rent -- -- --
Source: South Jersey Shore Regional MLS

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 $25,053 $1,466,800 $290,600 $1,176,200
2024 $25,053 $1,466,800 $290,600 $1,176,200
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2021

    Mark Arbeit

    MARKETPLACE REALTY

    (609) 402-5885

    17 in this area

    35 Total Sales

    Mark Arbeit
    Section Image
  • Sean Tannehill

    Seller Co-Listing Agent in 2021

    Sean Tannehill

    MARKETPLACE REALTY

    (609) 412-0307

    51 in this area

    104 Total Sales

    Sean Tannehill
    Section Image
  • Sherri Lilienfeld

    Buyer's Agent in 2021

    Sherri Lilienfeld

    eXp Realty - Montclair

    (609) 287-1795

    9 in this area

    26 Total Sales

    Sherri Lilienfeld
    Section Image
  • Maxine Greenberg

    Buyer's Agent in 2020

    Maxine Greenberg

    BHHS Fox & Roach

    (609) 335-1504

    7 in this area

    17 Total Sales

    Maxine Greenberg
    Section Image
  • Ronnie Alper

    Buyer's Agent in 2014

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    27 in this area

    38 Total Sales

    Ronnie Alper
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541863

South Jersey Shore Regional MLS

APN: 16-00320-0000-00023

New Jersey Atlantic County Margate City 08402

102 N Sumner Ave, Margate City, NJ

Not Listed for Sale

Detached

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