NOT LISTED FOR SALE

18 East Dr Margate City, NJ 08402

Estimated Value: $1,276,174 - $1,476,000

3 Beds
2.5 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $650,000

Est. 111% increase in value since last sale

Current estimated payment $7,891/month

76 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Sun or Florida Room
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of June 2019

You will fall in love with this immaculate 3/4 bedroom 2.5 bathroom home in the historic neighborhood of Marven Garden. The home has been totally renovated professional decorated and includes a spacious sunroom which could serve as a perfect as a 4th bedroom of family room with the additional of a pair of decorator "barn doors". There's a large living area and an adjacent dining room with beautiful hardwood floors that run throughout. The expansive eat-in kitchen features granite countertops, subway tile backsplash, high end appliances and French doors sliders that provide access to the huge fenced backyard. The balance of the 1st floor includes a powder room and a laundry room. The second floor includes a large master bedroom suite complete with its own private bathroom, a walk-in closet and private deck that stretches across the front of the home. There are two more large bedrooms plus a second full bathroom on this floor. Exterior highlights include a detached garage, paver patio and a large fenced backyard & 2nd patio. This fabulous home is nestled in a beautiful quiet neighborhood and close to some of Margate’s best restaurants and shops.

Last Agent to Sell the Property

Mark Arbeit

LPT Realty Listed on: 02/09/2019

LPT Realty

Last Buyer's Agent

Mark Arbeit

LPT Realty Listed on: 02/09/2019

LPT Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 40' x 87'
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Great Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • Marven Gardens Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 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: Breakfast Nook, Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Great Room, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Porch, Shed, Sprinkler System
  • Siding Exterior: Concrete, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

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

  • Location: Historical District
  • Lot Dimensions: 40' X 87'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2019
Closed on
Jul 1, 2019
Sold by
Garner Anne H and Garner David E
Bought by
Mcloughlin Karen
Seller's Agent
Mark Arbeit
LPT Realty
Buyer's Agent
Mark Arbeit
LPT Realty
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$1,369,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$719,044
Avg. Annual Appreciation
12.18%
Original Mortgage
$450,000
Outstanding Balance
$393,507
Interest Rate
3.73%
Estimated Equity
$975,537

Purchase Details

Closed on
May 12, 1999
Sold by
Costello Betty
Bought by
Garner David F and Garner Anne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
7.25%
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
Mcloughlin Karen $650,000 --
Garner David F $172,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcloughlin Karen $450,000
Closed Mcloughlin Karen --
Previous Owner Garner David F $155,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $650,000 -6.5% --
04/26/2019 04/26/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $695,000 0.0% --
04/03/2019 04/03/19 For Sale $695,000 0.0% --
03/16/2019 03/16/19 Pending -- -- --
03/11/2019 03/11/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $695,000 -- --
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 $8,282 $484,900 $338,400 $146,500
2024 $8,282 $484,900 $338,400 $146,500
2023 $7,652 $484,900 $338,400 $146,500
2022 $7,652 $484,900 $338,400 $146,500
2021 $7,545 $484,900 $338,400 $146,500
2020 $7,506 $484,900 $338,400 $146,500
2019 $7,477 $484,900 $338,400 $146,500
2018 $7,579 $484,900 $338,400 $146,500
2017 $7,589 $484,900 $338,400 $146,500
2016 $7,332 $484,900 $338,400 $146,500
2015 $7,215 $484,900 $338,400 $146,500
2014 $7,080 $484,900 $338,400 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 517495

South Jersey Shore Regional MLS

APN: 16-00201-01-00079