NOT LISTED FOR SALE

109 S Sumner Ave Margate City, NJ 08402

Estimated Value: $2,970,000 - $5,817,000

-- Bed
-- Bath
2,906 Sq Ft
$1,502/Sq Ft Est. Value

About This Home

This home is located at 109 S Sumner Ave, Margate City, NJ 08402 and is currently estimated at $4,364,865, approximately $1,502 per square foot. 109 S Sumner 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2005
Sold by
Sumner Partners Llc
Bought by
Spiegel William and Spiegel Sherri
Current Estimated Value
$4,364,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$938,451
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,426,414

Purchase Details

Closed on
May 17, 2004
Sold by
Thurm Arthur W and Thurm Patricia S
Bought by
Sumner Partners Llc

Purchase Details

Closed on
Jan 28, 1999
Sold by
Stitzer Norman and Stitzer Louisa
Bought by
Thurm Arthur W and Thurm Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Spiegel William $2,500,000 --
Sumner Partners Llc $2,250,000 The Title Company Of Jersey
Thurm Arthur W $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spiegel William $1,750,000
Previous Owner Thurm Arthur W $150,000
Previous Owner Thurm Dmd Arthur W $925,000
Previous Owner Thurm Arthur W $250,000
Previous Owner Thurm Arthur W $970,000
Previous Owner Thurm Arthur W $100,000
Previous Owner Thurm Arthur W $740,000
Source: Public Records

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 $40,814 $2,389,600 $975,200 $1,414,400
2024 $40,814 $2,389,600 $975,200 $1,414,400
2023 $37,708 $2,389,600 $975,200 $1,414,400
2022 $37,708 $2,389,600 $975,200 $1,414,400
2021 $37,182 $2,389,600 $975,200 $1,414,400
2020 $36,991 $2,389,600 $975,200 $1,414,400
2019 $36,848 $2,389,600 $975,200 $1,414,400
2018 $37,349 $2,389,600 $975,200 $1,414,400
2017 $37,397 $2,389,600 $975,200 $1,414,400
2016 $36,131 $2,389,600 $975,200 $1,414,400
2015 $35,557 $2,389,600 $975,200 $1,414,400
2014 $34,888 $2,389,600 $975,200 $1,414,400
Source: Public Records

Map

New Jersey Atlantic County Margate City 08402

109 S Sumner Ave, Margate City, NJ

This home is located at 109 S Sumner Ave, Margate City, NJ 08402 and is currently estimated at $4,364,865, approximately $1,502 per square foot. 109 S Sumner 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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