NOT LISTED FOR SALE

12 East Dr Margate City, NJ 08402

Estimated Value: $1,358,000 - $1,558,000

4 Beds
3 Baths
-- Sq Ft
3,267 Sq Ft Lot

Last Sold December 22, 2017

Last sale price $578,000

Est. 152% increase in value since last sale

Current estimated payment $8,442/month

261 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Dutch Colonial Architecture
  • William H. Ross III Intermediate School Rated A-
  • Marble Flooring
  • Main Floor Bedroom

About This Home

As of December 2017

Fabulous, fully renovated 4/3BR, 3BA home in Historic Marven Gardens. This beautiful maintenance-free home has all the modern conveniences and old world charm. High Efficiency Heater and Air, Instant hot water. Pella Windows. Custom Stained glass windows. New Deck, Hardwood floors, tile/ marble floors. JennAir Range and Refrigerator. The owner providing a full one year Home Warranty to cover all major components including appliances. . Must see home....

Last Agent to Sell the Property

Garo Ghazarian

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 02/28/2017

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

Jeff Quintin

eXp Realty - Ocean City S382K

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 85x40
  • Fenced

Home Design

  • Dutch Colonial Architecture
  • Wood Siding

Interior Spaces

  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Outdoor Shower
  • Deck

Location

  • The property is located in a historic district

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Marven Gardens Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Dutch Colonial
  • Also Includes: Blinds, Drapes, Fireplace Equipment, Partially Furnished
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Carbon Monoxide Detector, Security System, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Florida Room, Laundry/Utility Room, Loft, Pantry, Storage Attic, Workshop

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower
  • Siding Exterior: Wood Shingle
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete, Shared
  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Historical District
  • Lot Dimensions: 85x40
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Dec 23, 2017
Sold by
Cabnet Michael J and Cabnet Susan W
Bought by
Masanova Donna
Seller's Agent
Garo Ghazarian
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$578,000
Sold Price
$578,000
Current Estimated Value
$1,458,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,391
Avg. Annual Appreciation
12.33%
Original Mortgage
$96,100
Outstanding Balance
$80,866
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,377,525

Purchase Details

Closed on
May 19, 1999
Sold by
Onassis Nicholas A
Bought by
Cabnet Michael J and Cabnet Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Masanova Donna $578,000 Freedom Title & Abstract Of
Cabnet Michael J $195,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masanova Donna $96,100
Previous Owner Cabnet Michael J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $578,000 0.0% --
11/16/2017 11/16/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $578,000 -- --
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 $9,256 $541,900 $335,300 $206,600
2024 $9,256 $541,900 $335,300 $206,600
2023 $8,551 $541,900 $335,300 $206,600
2022 $8,551 $541,900 $335,300 $206,600
2021 $8,432 $541,900 $335,300 $206,600
2020 $8,228 $531,500 $335,300 $196,200
2019 $8,196 $531,500 $335,300 $196,200
2018 $8,307 $531,500 $335,300 $196,200
2017 $8,318 $531,500 $335,300 $196,200
2016 $8,036 $531,500 $335,300 $196,200
2015 $7,909 $531,500 $335,300 $196,200
2014 $7,760 $531,500 $335,300 $196,200
Source: Public Records

Agents Affiliated with this Home

  • Garo Ghazarian

    Seller's Agent in 2017

    Garo Ghazarian

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 457-4613

    4 in this area

    17 Total Sales

    Garo Ghazarian
    Section Image
  • Jeff Quintin

    Buyer's Agent in 2017

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    11 in this area

    476 Total Sales

    Jeff Quintin
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 483125

South Jersey Shore Regional MLS

APN: 16-00201-01-00076

New Jersey Atlantic County Margate City 08402

12 East Dr, Margate City, NJ

Not Listed for Sale

Detached

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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes