NOT LISTED FOR SALE

11 S Thurlow Ave Margate City, NJ 08402

Estimated Value: $2,630,000 - $3,840,503

5 Beds
5.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold June 24, 2020

Last sale price $1,350,000

Est. 142% increase in value since last sale

Current estimated payment $19,468/month

164 Days on Market

Highlights

  • Water Views
  • New Construction
  • Deck
  • William H. Ross III Intermediate School Rated A-
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of June 2020

Margate's Parkway section is getting even more beautiful with the addition of this new construction home! Sitting on the "sunny side" of Thurlow Avenue, this home will be just one block from the beach with a stunning, custom design that has been carefully curated for this fantastic location. Featuring a wide open floor plan with custom woodwork like wainscoting, crown molding, shiplap, trim and beautiful hardwood floors throughout the large living space, dining area, kitchen and bonus study. A gourmet, chef's kitchen boasts top-of-the-line stainless steel appliances and an oversized center island with plenty of seating for friends and family. Double sliding doors lead out to your backyard oasis with a large back deck and TRUE in-ground pool! The second floor features 2 nicely appointed junior suites, each with its own full bathroom, and a true laundry room with granite counters and sink. The master suite features a large walk-in closet and luxurious master bathroom with a private oversized deck with ocean views. The 3rd floor has two more bedrooms with another beautiful full bathroom. This property is going to be a true showcase property from top to bottom, with only the finest materials and quality is being used. There is still time to CUSTOMIZE your personal finishes, so call the listing agent for floor plans and a spec sheet today!

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 12/27/2019

Compass Real Estate-Margate

Co-Listed By

Vincent Novelli

Compass Real Estate-Margate

Last Buyer's Agent

Linda Novelli

Compass Real Estate-Margate Listed on: 12/27/2019

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,278

Lot Details

  • Lot Dimensions are 50x80
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Storage
  • Wood Under Carpet
  • Water Views
  • Crawl Space
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,278

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 12/27/2019
  • New Construction: Yes
  • Special Features: NewHome
  • 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, Living Room
  • Flooring: W/W Over Hardwood
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room, Library/Study

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Paved Road, Pool-In Ground, Sidewalks, Sprinkler System
  • Siding Exterior: Shingle
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Water View
  • Lot Dimensions: 50X80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Jun 18, 2020
Sold by
Bull Investments Llc
Bought by
Levy David H and Levy Jaimi C
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Linda Novelli
Compass Real Estate-Margate
List Price
$1,899,000
Sold Price
$1,350,000
Premium/Discount to List
-$549,000
-28.91%
Current Estimated Value
$3,272,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,922,876
Avg. Annual Appreciation
18.61%

Purchase Details

Listed on
Sep 29, 2018
Closed on
Dec 31, 2018
Sold by
Sylk Nancy
Bought by
Bull Investments Llc
Seller's Agent
JUNE MARTIN
BHHS FOX and ROACH-Margate
Buyer's Agent
Vincent Novelli
Compass Real Estate-Margate
List Price
$1,199,000
Sold Price
$970,000
Premium/Discount to List
-$229,000
-19.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.22%
Original Mortgage
$1,323,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2009
Sold by
Pinto Joseph P
Bought by
Sylk Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2002
Sold by
Pinto Joseph P and Pinto Norma
Bought by
Pinto Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2002
Sold by
Sommers John M
Bought by
Pinto Joseph P and Pinto Norma
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
Levy David H $1,350,000 None Available
Bull Investments Llc $979,000 City Abstract Llc
Sylk Nancy $775,000 First American Title Ins Co
Pinto Joseph P -- --
Pinto Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bull Investments Llc $1,323,000
Previous Owner Sylk Nancy $417,000
Previous Owner Pinto Joseph P $50,000
Previous Owner Pinto Joseph P $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $1,350,000 -28.9% --
06/08/2020 06/08/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $1,899,000 +95.8% --
01/04/2019 01/04/19 Sold $970,000 -19.1% --
10/30/2018 10/30/18 Pending -- -- --
09/29/2018 09/29/18 For Sale $1,199,000 -- --
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 $21,278 $1,245,800 $559,400 $686,400
2024 $21,278 $1,245,800 $559,400 $686,400
2023 $19,659 $1,245,800 $559,400 $686,400
2022 $19,659 $1,245,800 $559,400 $686,400
2021 $12,208 $784,600 $559,400 $225,200
2020 $8,660 $559,400 $559,400 $0
2019 $11,634 $754,500 $559,400 $195,100
2018 $11,793 $754,500 $559,400 $195,100
2017 $11,808 $754,500 $559,400 $195,100
2016 $11,408 $754,500 $559,400 $195,100
2015 $11,227 $754,500 $559,400 $195,100
2014 $11,016 $754,500 $559,400 $195,100
Source: Public Records

Agents Affiliated with this Home

  • Linda Novelli

    Seller's Agent in 2020

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    84 in this area

    172 Total Sales

    Linda Novelli
    Section Image
  • Vincent Novelli

    Seller Co-Listing Agent in 2020

    Vincent Novelli

    Compass Real Estate-Margate

    (609) 335-4501

    49 in this area

    74 Total Sales

    Vincent Novelli
    Section Image

  • J

    Seller's Agent in 2019

    JUNE MARTIN

    BHHS Fox & Roach

    (609) 442-6162

    7 in this area

    16 Total Sales

    JUNE MARTIN
    Section Image
  • Mark Bruton

    Seller Co-Listing Agent in 2019

    Mark Bruton

    BHHS Fox & Roach

    (609) 636-6030

    5 in this area

    44 Total Sales

    Mark Bruton
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531771

South Jersey Shore Regional MLS

APN: 16-00120-0000-00006

New Jersey Atlantic County Margate City 08402

11 S Thurlow Ave, Margate City, NJ

This home is located at 11 S Thurlow Ave, Margate City, NJ 08402 since 27 December 2019 and is currently estimated at $3,272,876. 11 S Thurlow 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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