NOT LISTED FOR SALE

109 S Knight Ave Margate City, NJ 08402

Estimated Value: $3,521,000 - $4,183,356

5 Beds
4.5 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $2,760,000

Est. 40% increase in value since last sale

Current estimated payment $22,471/month

Highlights

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

About This Home

As of March 2021

NEW PRICE!!! INCREDIBLE BEACHBLOCK WITH OCEAN VIEWS FROM EVERY ROOM! There is nothing not to love about this gorgeous home just ONE HOUSE FROM THE BEACH! Three-stories tall, this 4-year new home built on pilings features glass railings on all levels with stainless steel to allow for unobstructed views, porch with fired granite, and custom columns! Attached one car garage, parking for 3+ cars and pavered driveway and sidewalk!! Walk inside to the first floor featuring large foyer, three large bedrooms, two full baths and laundry room! Upstairs, the main level features an open living room, dining area and gourmet kitchen with 9' ceilings! Large windows through allow for plenty of sunlight during the day, and a three-sided gas fireplace for a fiery glow in the evening! Stunning eat-in "Neff" kitchen features a huge center island, quartz countertops and top-of-the-line appliances! Bonus den/5th bedroom, full bath & powder room, and second laundry room with sink complete the second floor! Third floor encompasses the Master Suite featuring huge windows for amazing ocean views from bed and custom "Neff" master bath dual sinks, vanity, huge walk-in shower and clawfoot soaking tub. Large walk-in closet, sitting/office area, plus a wet bar! This home has so many amazing features, it would be impossible to include them all here....3-stop elevator, generator, 8-zone radiant heat & central air, & custom LED lighting throughout are just a few to name!! This home is definitely a MUST SEE!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 08/31/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Judi Cohen

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,571

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 50x62.5
  • Building is beachfront but unit may not have water views

Parking

  • 1 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Area
  • Den
  • Storage
  • Tile Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,571

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 08/31/2020
  • Year Built: 2003
  • 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
  • Fireplace: Built-In
  • Flooring: Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Stucco

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Beach Block, Water View
  • Lot Dimensions: 50x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Feb 24, 2021
Sold by
Warren Wilma I and Warren David T
Bought by
Chefitz Robert and Chefitz Laurie
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Judi Cohen
BHHS FOX and ROACH-Margate
List Price
$2,899,000
Sold Price
$2,760,000
Premium/Discount to List
-$139,000
-4.79%
Current Estimated Value
$3,862,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102,452
Avg. Annual Appreciation
7.48%
Original Mortgage
$1,460,000
Interest Rate
2.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2012
Closed on
Dec 28, 2012
Sold by
Kochman Eleanor and Kochman Fred
Bought by
Warren Wilma I
Seller's Agent
Robert Rosenthal
BHHS FOX and ROACH-Margate
Buyer's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chefitz Robert $2,760,000 Acres Land Title Agency Inc
Warren Wilma I $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chefitz Robert $1,460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $2,760,000 -4.8% --
12/11/2020 12/11/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $2,899,000 +141.6% --
12/28/2012 12/28/12 Sold $1,200,000 0.0% -- View Prior Sale
12/11/2012 12/11/12 Pending -- -- --
12/08/2012 12/08/12 For Sale $1,200,000 -- --
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 $26,571 $1,555,700 $1,023,800 $531,900
2024 $26,571 $1,555,700 $1,023,800 $531,900
2023 $24,549 $1,555,700 $1,023,800 $531,900
2022 $24,549 $1,555,700 $1,023,800 $531,900
2021 $24,207 $1,555,700 $1,023,800 $531,900
2020 $24,082 $1,555,700 $1,023,800 $531,900
2019 $23,989 $1,555,700 $1,023,800 $531,900
2018 $24,316 $1,555,700 $1,023,800 $531,900
2017 $24,347 $1,555,700 $1,023,800 $531,900
2016 $23,522 $1,555,700 $1,023,800 $531,900
2015 $23,149 $1,555,700 $1,023,800 $531,900
2014 $22,713 $1,281,000 $1,023,800 $257,200
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2021

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    250 in this area

    741 Total Sales

    Paula Hartman
    Section Image
  • Judi Cohen

    Buyer's Agent in 2021

    Judi Cohen

    BHHS Fox & Roach

    (609) 513-2303

    28 in this area

    79 Total Sales

    Judi Cohen
    Section Image
  • Robert Rosenthal

    Seller's Agent in 2012

    Robert Rosenthal

    BHHS Fox & Roach

    (609) 204-9040

    1 in this area

    7 Total Sales

    Robert Rosenthal
    Section Image

  • G

    Buyer's Agent in 2012

    GARRETT F TURNBULL

    RE/MAX Platinum Properties

    (609) 839-3431

    2 in this area

    19 Total Sales

    GARRETT F TURNBULL
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541376

South Jersey Shore Regional MLS

APN: 16-00011-01-00005

New Jersey Atlantic County Margate City 08402

109 S Knight Ave, Margate City, NJ

This home is located at 109 S Knight Ave, Margate City, NJ 08402 since 31 August 2020 and is currently estimated at $3,862,452. This property was built in 2003. 109 S Knight 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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