NOT LISTED FOR SALE

15 S Mansfield Ave Margate City, NJ 08402

Estimated Value: $4,859,000 - $9,917,000

7 Beds
7.5 Baths
4,626 Sq Ft
$1,417/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $7,000,000 $1,513 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $36,730/month

Highlights

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

About This Home

As of November 2023

Welcome to the one of a kind 15 S Mansfield! Brought to you by Piraino Builders this property is your luxurious retreat by the beach that seamlessly blends modern sophistication and elevated living. Boasting almost 6,000 square feet of living space over three levels, this magnificent seven-bedroom, seven-and-a-half-bathroom home offers a premium coastal lifestyle with breathtaking direct ocean views. As you approach the property, you are immediately struck by the striking exterior design that features imported stone accents, high gloss white siding panels, and solid AZEK soffits. The impressive RAF system on all decks further enhances the overall visual appeal while delivering a tranquil outdoor living experience. Step inside, and you'll immediately notice the abundance of natural sunlight that floods the expansive living areas, perfectly highlighting the stunning hardwood floors and Andersen windows. The interior maintains a contemporary design with unique touches such as an interior metal center stringer staircase with thick wood treads & glass rail and Elmwood cabinetry throughout. The gourmet kitchen is an entertainer's dream, featuring a huge wraparound layout, butlers pantry and island with plenty of seating, slab backsplashes and waterfall ends, paneled top of the line Sub Zero appliances and LED accent lighting throughout. The temperature-controlled 250-bottle wine storage unit with a reeded wall accent is a striking feature that highlights the home's luxurious nature. This home also features a movie theater room with projector & screen to offer a fun family entertainment option within the comfort of your home. The open floor plan accommodates everything from lively family game nights to more formal dinner parties with the ambient three-sided living room fireplace with slab surround. The spacious Master suite features his and her closets, a Master soaking tub, steam shower, floating bench, infinity drain, radiant heat floor, smart toilet, and high-end plumbing fixtures. The 3rd-floor loft & wet bar and 3rd-floor deck with incredible ocean views create an idyllic space to entertain and unwind. The outdoor living experience is an attraction in itself, with an expansive set of decks (over 1,300 sqft), a massive 35x12 gunite pool with raised jacuzzi, an outdoor kitchen, an unbeatable outdoor shower, and landscape lighting through and through. The Feeney exterior cable rail system and matching custom made pool coping/tile, along with patio tiles on a ground level, are exceptional outdoor features that make the area attractive and relaxing. Additional features include a Generac generator, a Smart Home Control4 system, two full laundry rooms and an electric elevator with auto doors. There's no doubt that 15 S Mansfield offers impressive luxury and remarkable attention to detail in every corner.

Last Agent to Sell the Property

Vincent Novelli

Compass Real Estate-Margate Listed on: 05/19/2023

Compass Real Estate-Margate

Co-Listed By

Linda Novelli

Compass Real Estate-Margate

Last Buyer's Agent

Emma Piraino

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,010

Lot Details

  • Lot Dimensions are 93 x 76
  • Corner Lot

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Ceiling Fan
  • Dining Area
  • Den
  • Loft
  • Storage
  • Water Views
  • Storage In Attic
  • Burglar Security System

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,010

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, W/W Over Hardwood
  • Interior Amenities: Bar, Elevator, Kitchen Center Island, Security System, Storage, Walk In Closet
  • Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Loft, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Enclosed Outside Shower, Pool-In Ground, Outside Shower, Patio, Sidewalks

Garage/Parking

  • Driveway: Stone
  • Garage: Three Or More Cars, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 93 x 76
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Nov 27, 2023
Sold by
Piraino Builders Llc
Bought by
15 South Mansfield Partners Llc
Seller's Agent
Vincent Novelli
Compass Real Estate-Margate
Buyer's Agent
Emma Piraino
NEW ERA REAL ESTATE-B
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%
Views
1
Current Estimated Value
$6,555,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$444,583
Avg. Annual Appreciation
-3.36%
Original Mortgage
$4,200,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2022
Sold by
Piraino Builders Llc
Bought by
15 S Mansfield Ave Llc

Purchase Details

Listed on
Feb 19, 2022
Closed on
Apr 15, 2022
Sold by
Alibert Vanessa R
Bought by
Piraino Builders Llc
Seller's Agent
Susan Gardner
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Vincent Novelli
Compass Real Estate-Margate
List Price
$1,999,900
Sold Price
$2,250,000
Premium/Discount to List
$250,100
12.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.27%

Purchase Details

Closed on
Jun 21, 2021
Sold by
Alibert Vanessa R and Estate Of Dolores V Alibert
Bought by
Alibert Vanessa R

Purchase Details

Closed on
Dec 23, 2005
Sold by
Walheim Jon
Bought by
Dolores Alibert

Purchase Details

Closed on
Dec 21, 2005
Sold by
Alibert Dolores
Bought by
Jon Walheim

Purchase Details

Closed on
Dec 10, 2004
Sold by
Alibert Dolores
Bought by
Walheim Jon
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
15 South Mansfield Partners Llc $7,000,000 None Listed On Document
Piraino Builders Llc -- None Listed On Document
15 S Mansfield Ave Llc -- None Listed On Document
Piraino Builders Llc $2,250,000 Abramoff Steven M
Alibert Vanessa R -- None Available
Dolores Alibert -- --
Jon Walheim -- --
Walheim Jon -- --
Walheim Jon -- --
Walheim Jon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 15 South Mansfield Partners Llc $4,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2023 11/27/23 Sold $7,000,000 0.0% $1,513 / Sq Ft
05/19/2023 05/19/23 Off Market $7,000,000 -- --
05/19/2023 05/19/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $7,500,000 +233.3% $1,621 / Sq Ft
04/14/2022 04/14/22 Sold $2,250,000 +12.5% $486 / Sq Ft View Prior Sale
02/23/2022 02/23/22 Pending -- -- --
02/22/2022 02/22/22 Price Changed $1,999,999 +5.3% $432 / Sq Ft
02/22/2022 02/22/22 Price Changed $1,899,999 -5.0% $411 / Sq Ft
02/19/2022 02/19/22 For Sale $1,999,900 -- $432 / Sq Ft
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 $29,010 $3,848,500 $728,500 $3,120,000
2024 $29,010 $1,698,500 $728,500 $970,000
2023 $20,120 $728,500 $728,500 $0
2022 $20,120 $1,275,000 $728,500 $546,500
2021 $19,839 $1,275,000 $728,500 $546,500
2020 $19,737 $1,275,000 $728,500 $546,500
2019 $19,661 $1,275,000 $728,500 $546,500
2018 $19,928 $1,275,000 $728,500 $546,500
2017 $20,322 $1,298,500 $728,500 $570,000
2016 $19,633 $1,298,500 $728,500 $570,000
2015 $19,322 $1,298,500 $728,500 $570,000
2014 $18,958 $1,298,500 $728,500 $570,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 574191

South Jersey Shore Regional MLS

APN: 16-00113-02-00016