NOT LISTED FOR SALE

106 S Vendome Ave Margate City, NJ 08402

Estimated Value: $3,520,055

4 Beds
3.5 Baths
-- Sq Ft
8,015 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $2,900,000

Est. 21% increase in value since last sale

Current estimated payment $21,842/month

73 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Cathedral Ceiling
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Den

About This Home

As of July 2023

Wonderful BEACH BLOCK house with a front porch and unsurpased unobstructed views of the ocean and beach from a huge deck on the main level . The style is an upside down 2 story design. The first floor has a large porch off a beautiful den/office with a custom built-in bar trimed with Mediterranen tile, and 3 big bedrooms (2 of them ensuite) along a private hallway. There is also a rear entrance and a large laundry room which give you the convenience to come in from the beach and drop off your sandy towels. The main level is comprised of a large light and bright living space made up of a lovely living room with a cathedral ceiling, a dining room, and a kitchen that flow together to create an ideal space for entertaing and/or relaxing. The superb huge deck off the lving and dining rooms afford breathtaking unobstructed views of the ocean and beach. On this level also are a private lovely master bedroom suite plus a powder room. Detached garage. The long driveway accomodates 3 cars. OPEN HOUSE SATURDAY May 20, 11-1 Option to build your own idea of a dream house at the beach.

Last Agent to Sell the Property

Maxine Greenberg

BHHS FOX and ROACH-Margate Listed on: 03/21/2023

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Susan and Louis Solomon

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,060

Lot Details

  • Lot Dimensions are 50 x 80
  • Building is beachfront but unit may not have water views
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Blinds
  • Dining Room
  • Den
  • Storage
  • Laundry Room
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Home Security System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,060

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Lvt Date: 03/22/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Bar, Cathedral Ceiling, Security System, Storage, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Bedroom 4: On Level: Lower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Upper
  • Family Room: On Level: Lower
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch
  • Siding Exterior: Cedar

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Water View
  • Lot Dimensions: 50 x 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Ourgate Escape Llc
Bought by
Ourgate Escape Llc
Current Estimated Value
$3,520,055

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jun 29, 2023
Sold by
Wheeler Daniel H and Wheeler Amy A
Bought by
Ourgate Escape Llc
Seller's Agent
Maxine Greenberg
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$2,900,000
Sold Price
$2,900,000
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Jun 26, 2002
Sold by
Schermer Oscar S and Schermer Karen K
Bought by
Wheeler Daniel H and Fox Amy A
Source: Public Records

Range of Values:

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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
Ourgate Escape Llc -- None Listed On Document
Ourgate Escape Llc $2,900,000 Trident Land Transfer
Wheeler Daniel H $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schermer Oscar S $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $2,900,000 0.0% --
06/02/2023 06/02/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $2,900,000 -- --
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 $37,060 $3,019,300 $2,169,800 $849,500
2024 $37,060 $2,169,800 $2,169,800 $0
2023 $19,649 $1,245,200 $926,400 $318,800
2022 $19,649 $1,245,200 $926,400 $318,800
2021 $19,375 $1,245,200 $926,400 $318,800
2020 $19,276 $1,245,200 $926,400 $318,800
2019 $19,201 $1,245,200 $926,400 $318,800
2018 $19,462 $1,245,200 $926,400 $318,800
2017 $19,487 $1,245,200 $926,400 $318,800
2016 $18,827 $1,245,200 $926,400 $318,800
2015 $18,529 $1,245,200 $926,400 $318,800
2014 $18,180 $1,245,200 $926,400 $318,800
Source: Public Records

Agents Affiliated with this Home

  • Maxine Greenberg

    Seller's Agent in 2023

    Maxine Greenberg

    BHHS Fox & Roach

    (609) 335-1504

    9 in this area

    19 Total Sales

    Maxine Greenberg
    Section Image
  • Susan and Louis Solomon

    Buyer's Agent in 2023

    Susan and Louis Solomon

    BHHS Fox & Roach

    (609) 226-5178

    25 in this area

    54 Total Sales

    Susan and Louis Solomon
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572292

South Jersey Shore Regional MLS

APN: 16-00023-0000-00004

New Jersey Atlantic County Margate City 08402

106 S Vendome Ave, Margate City, NJ

This home is located at 106 S Vendome Ave, Margate City, NJ 08402 since 21 March 2023 and is currently estimated at $3,520,055. 106 S Vendome Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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