NOT LISTED FOR SALE

127 N Union Ave Margate City, NJ 08402

Estimated Value: $1,961,000 - $3,043,000

5 Beds
4.5 Baths
-- Sq Ft
3,267 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $1,999,999

Est. 29% increase in value since last sale

Current estimated payment $15,643/month

294 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Den

About This Home

As of June 2023

ANOTHER GORGEOUS NEW CONSTRUCTION BROUGHT TO YOU BY REVOLUTION BUILDERS COMING TO THE DESIRABLE PARKWAY SECTION OF MARGATE! 5 bedrooms, 4.5 baths with IN-GROUND POOL & ELEVATOR! This beauty will showcase high ceilings, hardwood flooring and custom woodwork throughout, including stunning coffered ceilings, custom wainscoting, and gorgeous crown molding! The large open floor plan will feature a large family room, a gourmet kitchen w/ Wolf & Sub-Zero appliances including a large center island w/ ample counter seating, and a generous dining area! A mud/utility room, pantry, spacious den, and powder room complete the first floor. The second floor boasts two spacious bedroom suites with their own private baths, a second floor laundry room, and a wonderful master bedroom suite w/ large walk-in closet and stunning master bath! The third floor will have two more generously-sized bedrooms and another full bath! This spectacular new home will also include a full attached oversized garage and 2 large front decks to enjoy your morning cup of coffee in the shade or late afternoon cocktails watching the sun set after a lovely day on the beach! Call today for more details!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 11/29/2021

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,519

Lot Details

  • Lot Dimensions are 41x80
  • Fenced
  • Sprinkler System

Home Design

  • New Construction
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,519

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 11/29/2021
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator
  • Fireplace: Built-In, Family Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Pool-In Ground, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Concrete, Vinyl

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 41x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jun 20, 2023
Sold by
Revolution Builders
Bought by
Keating Melvin L and Keating Carol A
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$1,999,000
Sold Price
$1,999,999
Premium/Discount to List
$999
0.05%
Views
12
Current Estimated Value
$2,580,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,919
Avg. Annual Appreciation
11.78%

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 10, 2021
Sold by
Blumstein Edward and Perloff Susan
Bought by
Revolution Builders Incorporated
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.21%
Original Mortgage
$1,245,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1989
Sold by
Blumstein Edward
Bought by
Blumstein Edward and Blumstein Perloff,Susan
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
Keating Melvin L $1,999,999 Trident Land Transfer
Revolution Builders Incorporated $599,000 None Available
Blumstein Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revolution Builders Incorporated $1,245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $1,999,999 0.0% --
09/19/2022 09/19/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,999,000 0.0% --
02/01/2022 02/01/22 Off Market $1,999,999 -- --
12/08/2021 12/08/21 Price Changed $1,999,000 +5.3% --
11/29/2021 11/29/21 For Sale $1,899,000 +217.0% --
08/10/2021 08/10/21 Sold $599,000 0.0% --
04/21/2021 04/21/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $599,000 -- --
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 $23,519 $1,377,000 $276,100 $1,100,900
2024 $23,519 $1,377,000 $276,100 $1,100,900
2023 $4,357 $743,400 $276,100 $467,300
2022 $4,357 $276,100 $276,100 $0
2021 $5,748 $369,400 $276,100 $93,300
2020 $5,718 $369,400 $276,100 $93,300
2019 $5,696 $369,400 $276,100 $93,300
2018 $5,774 $369,400 $276,100 $93,300
2017 $5,781 $369,400 $276,100 $93,300
2016 $5,585 $369,400 $276,100 $93,300
2015 $5,497 $369,400 $276,100 $93,300
2014 $5,393 $369,400 $276,100 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557809

South Jersey Shore Regional MLS

APN: 16-00321-0000-00003