NOT LISTED FOR SALE

2 N Mansfield Ave Margate City, NJ 08402

Estimated Value: $2,407,000 - $2,552,000

3 Beds
2 Baths
-- Sq Ft
4,966 Sq Ft Lot

Last Sold October 24, 2019

Last sale price $805,000

Est. 209% increase in value since last sale

Current estimated payment $16,207/month

80 Days on Market

Highlights

  • The property is located in a historic district
  • Ranch Style House
  • Porch
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2019

Take advantage of this amazing Margate real estate opportunity. Situated on an oversize parcel and positioned just one removed from Margate's most prestigious “All Wars Memorial Parkway”. This ranch style home has been tastefully renovated in the recent past offering an eat in kitchen complete with custom cabinetry, high end stainless steel appliance package and beautiful tile backsplash. The main living area is large, yet cozy and filled with bright natural light and wonderful cross ventilation from the oversize windows. The three bedrooms are of good size, offering ample sized closets with the Master bedroom boasting a large walk-in shower with glass doors, designer fixtures and plenty of closet space. The exterior of this Parkway gem offers a detached garage and enormous deck to entertain family and friends.

Last Agent to Sell the Property

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 06/21/2019

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 06/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,466

Year Built

  • Built in 1953

Lot Details

  • 4,966

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Stucco

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Crawl Space
  • Lot Dimensions are 62.06x80
  • The property is located in a historic district

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,466

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 06/21/2019
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Patio, Porch, Sidewalks
  • Siding Exterior: Stucco

Garage/Parking

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

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 62.06x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Piraino Builders Llc
Bought by
Sarkos Kimberly A and Sarkos Peter M
Total Days on Market
80
Current Estimated Value
$2,486,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$546,425
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,694,426

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 24, 2019
Sold by
Morris Kenneth and Morris Tamara
Bought by
Piraino Builders Llc
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$899,000
Sold Price
$805,000
Premium/Discount to List
-$94,000
-10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.06%
Original Mortgage
$800,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 1, 2002
Sold by
Berkowitz Eric and Berkowitz Meredith
Bought by
Morris Kenneth and Morris Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2001
Sold by
Berkowitz Eric and Berkowitz Meredith
Bought by
Berkowitz Eric and Berkowitz Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2000
Sold by
Merritt Jack and Merritt Lenore
Bought by
Berkowitz Eric and Berkowitz Meredith
Source: Public Records

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Range of Values:

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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
Sarkos Kimberly A $1,835,000 Surety Title Company
Piraino Builders Llc -- Accommodation
Piraino Builders Llc $805,000 Surety Title Co Llc
Morris Kenneth $550,000 Commonwealth Land Title Ins
Berkowitz Eric -- --
Berkowitz Eric $350,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarkos Kimberly A $600,000
Previous Owner Kaplan Richard $800,000
Previous Owner Morris Kenneth A $414,000
Previous Owner Morris Kenneth $489,000
Previous Owner Morris Kenneth $440,000
Previous Owner Berkowitz Eric $189,600
Previous Owner Berkowitz Meredith $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $805,000 -7.4% --
09/09/2019 09/09/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $869,000 -3.3% --
06/21/2019 06/21/19 For Sale $899,000 -- --
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
2024 $27,466 $1,608,100 $441,000 $1,167,100
2023 $25,376 $1,608,100 $441,000 $1,167,100
2022 $25,376 $1,608,100 $441,000 $1,167,100
2021 $11,463 $736,700 $441,000 $295,700
2020 $8,952 $578,300 $441,000 $137,300
2019 $8,917 $578,300 $441,000 $137,300
2018 $9,039 $578,300 $441,000 $137,300
2017 $9,050 $578,300 $441,000 $137,300
2016 $8,744 $578,300 $441,000 $137,300
2015 $8,605 $578,300 $441,000 $137,300
2014 $8,443 $578,300 $441,000 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 524055

South Jersey Shore Regional MLS

APN: 16-00214-0000-00019