NOT LISTED FOR SALE

11 S Jefferson - South Side Single With Rear Cottage Margate, NJ 08402

Estimated Value: $1,531,000 - $1,977,000

6 Beds
4 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $750,000

Est. 124% increase in value since last sale

Current estimated payment $9,531/month

140 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Cathedral Ceiling
  • In-Law or Guest Suite

About This Home

As of November 2018

Amazing real estate opportunity offering South Side location in Margate's desirable Marina District. The entire property is "like new construction" & consists of a large single-family home in the front of the property & includes a 2 bed free standing "designer style" cottage. Exterior of the front home features a stack stone façade accented w custom Azek columns, copper tone standing seam roof, Cedar impressions siding, fully enclosed outside shower & large private entertaining area adj the two properties. The interior features an open floor plan concept w an upgraded millwork package. The dream kitchen boasts 42"custom cabinetry w custom moldings, under-cabinet lighting, GE café & Jenn-air app pkg, Glass tile backsplash along w an oversized L shaped island flowing seamlessly into the dining room which is adj to the main living area. The rear of 1st floor offers a convenient mudroom w laundry tub & beautifully marbled tiled full bath featuring a designer vanity w vessel sink & frameless glass walk in shower. 2nd level includes guest bedroom w hallway bathroom featuring classic large marble tiles & glass subway accent tiles installed on the tub wall, designer vanity & linen closet. The fabulous master suite includes 3 closets, private fiberglass deck capturing delightful Ocean Views w the master bath featuring a sauna like oversized shower w multiple rain heads, handheld wand & seating area. The 3rd level encompasses 2 gracious bedrooms w plenty of windows & vaulted ceilings.

Last Agent to Sell the Property

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 05/04/2018

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Lawrence Stone

Soleil Sotheby's International Realty - A

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 25x125
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Age: 11 To 15 Years
  • Also Includes: Blinds
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Other Rooms: Dining Room, In-Law Quarters, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Paved Road, Sidewalks
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 25x125
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Nov 20, 2018
Sold by
Fisher Brett
Bought by
Reicghelson Kevin S and Reicghelson Susan C
Seller's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
Lawrence Stone
Soleil Sotheby's International Realty - A
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Current Estimated Value
$1,679,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,427
Avg. Annual Appreciation
12.11%
Original Mortgage
$600,000
Outstanding Balance
$509,581
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,169,846

Purchase Details

Closed on
Jul 3, 2018
Sold by
Bendyl Developmentllc
Bought by
Lanzelotti Thomas J and Lanzelotti Lori G

Purchase Details

Closed on
Oct 19, 2004
Sold by
Staino Anthony
Bought by
Fisher Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,500
Interest Rate
5.74%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Lux Joseph A and Lux Anthony
Bought by
Staino Anthony and Staino Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.68%
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
Reicghelson Kevin S $750,000 Surety Title Co
Lanzelotti Thomas J $690,000 Multiple
Fisher Bret $535,000 --
Fisher Bret $535,000 --
Fisher Bret $535,000 --
Staino Anthony $159,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reicghelson Kevin S $600,000
Previous Owner Fisher Bret $481,500
Previous Owner Staino Anthony $127,200
Closed Fisher Bret $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $750,000 -6.1% --
08/13/2018 08/13/18 Price Changed $799,000 -5.9% --
05/04/2018 05/04/18 For Sale $849,000 -- --
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 $8,369 $490,000 $260,000 $230,000
2024 $8,369 $490,000 $260,000 $230,000
2023 $7,732 $490,000 $260,000 $230,000
2022 $7,732 $490,000 $260,000 $230,000
2021 $7,624 $490,000 $260,000 $230,000
2020 $7,585 $490,000 $260,000 $230,000
2019 $7,556 $490,000 $260,000 $230,000
2018 $7,659 $490,000 $260,000 $230,000
2017 $7,669 $490,000 $260,000 $230,000
2016 $7,409 $490,000 $260,000 $230,000
2015 $7,291 $490,000 $260,000 $230,000
2014 $7,154 $490,000 $260,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 504885

South Jersey Shore Regional MLS

APN: 16-00128-0000-00213