Seller's Agent in 2023
Linda Novelli
Compass Real Estate-Margate
(609) 839-3715
85 in this area
170 Total Sales
108 S Exeter Ave Margate City, NJ 08402
Estimated Value: $1,725,000 - $8,008,000
5
Beds
5
Baths
3,122
Sq Ft
$1,587/Sq Ft
Est. Value
Highlights
- Building is beachfront but unit may not have water views
- Deck
- Den
- William H. Ross III Intermediate School Rated A-
- Wood Flooring
- Breakfast Area or Nook
About This Home
As of September 2023Welcome to 108 S Exeter Ave, Margate! Just a few steps away from the beach, this remarkable brick home features 5 bedrooms and 5 bathrooms, offering a perfect fusion of luxury and coastal living. Upon entering, you'll be greeted by the magnificent foyer that connects to the spacious living room, providing an ideal space for relaxation with your family or quality time with friends. Adjacent to the living room, there's a convenient home office/den for your work needs. The first floor boasts an open and airy layout, allowing abundant natural light to stream in through the expansive windows. Ideal for hosting gatherings, this home showcases a sizable kitchen with granite countertops, ample cabinet space, and an island with seating. Additionally, there are two more dining areas and a bar, making it perfect for entertaining. Step outside through the French sliders and indulge in the pleasures of outdoor living, as you discover a private backyard oasis complete with multiple entertaining areas for summer BBQs and unwinding after a long day at the beach. Prepare to be pampered in the spacious master suite, while the additional bedrooms and expanded third floor offer plenty of space for your family and guests. Multiple decks provide stunning ocean views, enhancing the coastal experience. With hardwood flooring throughout and tasteful finishes, this home effortlessly combines comfort and sophistication. Don't miss the chance to own this enchanting seaside home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,110
Lot Details
- Lot Dimensions are 65x62.5
- Building is beachfront but unit may not have water views
- Fenced
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Bar
- Dining Room
- Den
- Storage
Kitchen
- Breakfast Area or Nook
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Burglar Security System
- Carbon Monoxide Detectors
Outdoor Features
- Outdoor Shower
- Deck
- Patio
- Porch
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2024
Sold by
Davco Construction Inc
Bought by
Foundbrook Nj Trust
Current Estimated Value
Purchase Details
Listed on
Aug 14, 2023
Closed on
Sep 18, 2023
Sold by
Zarro Michael and Zarro Joanne
Bought by
Davco Construction Inc
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$2,775,000
Sold Price
$2,775,000
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
31.28%
Purchase Details
Closed on
Dec 31, 2010
Sold by
Gottlieb Todd M and Gottlieb Danielle Cori
Bought by
Zarro Michael and Zarro Joanne
Purchase Details
Closed on
May 15, 1999
Sold by
Korn Leon and Korn Gloria
Bought by
Gottlieb Todd M and Gottlieb Danielle Cori
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.88%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Foundbrook Nj Trust | $6,500,000 | Surety Title | |
| Foundbrook Nj Trust | $6,500,000 | Surety Title | |
| Davco Construction Inc | $2,775,000 | Surety Title | |
| Zarro Michael | $1,170,000 | North American Title Agency | |
| Gottlieb Todd M | $570,000 | Barrister Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gottlieb Todd M | $456,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2023 09/18/23 | Sold | $2,775,000 | 0.0% | $889 / Sq Ft |
| 08/16/2023 08/16/23 | Pending | -- | -- | -- |
| 08/14/2023 08/14/23 | For Sale | $2,775,000 | -- | $889 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $20,110 | $1,836,800 | $1,177,400 | $659,400 |
| 2024 | $20,110 | $1,177,400 | $1,177,400 | $0 |
| 2023 | $20,041 | $1,270,000 | $1,177,400 | $92,600 |
| 2022 | $20,041 | $1,270,000 | $1,177,400 | $92,600 |
| 2021 | $19,761 | $1,270,000 | $1,177,400 | $92,600 |
| 2020 | $19,660 | $1,270,000 | $1,177,400 | $92,600 |
| 2019 | $19,583 | $1,270,000 | $1,177,400 | $92,600 |
| 2018 | $19,850 | $1,270,000 | $1,177,400 | $92,600 |
| 2017 | $19,876 | $1,270,000 | $1,177,400 | $92,600 |
| 2016 | $19,202 | $1,270,000 | $1,177,400 | $92,600 |
| 2015 | $18,898 | $1,270,000 | $1,177,400 | $92,600 |
| 2014 | $18,542 | $1,270,000 | $1,177,400 | $92,600 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Novelli
-
TROY ROSENZWEIG
T
Buyer's Agent in 2023
TROY ROSENZWEIG
BHHS Fox & Roach
(609) 209-4495
120 in this area
155 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 576847
APN: 16-00006-01-00011
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