NOT LISTED FOR SALE

21 N Lancaster Ave Margate City, NJ 08402

Estimated Value: $2,563,403 - $2,967,000

6 Beds
5 Baths
-- Sq Ft
3,528 Sq Ft Lot

Last Sold April 06, 2023

Last sale price $2,350,000

Est. 17% increase in value since last sale

Current estimated payment $16,643/month

6 Days on Market

Highlights

  • Cabana
  • Deck
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of April 2023

Newly constructed 1st block north Parkway section home has it all! 6 generously sized bedrooms, 5 full bathrooms, 4 stop elevator, 2 car garage with epoxy flooring, 10x20 in ground pool, multiple decks with Mahogany ceilings, custom kitchenette, built in bbq grill makes entertaining by the pool a breeze. Ground leve: Foyer which leads to garage, backyard and stairwell to first floor. Elevator and kitchenette with full refrigerator, full size dishwasher, garbage disposal and tilt open window that opens to covered patio. Patio houses custom built in bbq grill, 10x20 in ground pool, enclosed shower and side yard. 2 car garage with epoxy flooring and storage. First floor: Opening the front door you will be impressed with custom wood work throughout, high coffered ceilings, open floor plan with great room that has dining area, gourmet kitchen with soft close white cabinetry, premium Jennair appliances that include, 6 burner gas stovetop and 36" wide oven, bedroom/den/flex room, full bathroom, large laundry room, and door that leads to the backyard oasis. Second floor: three bedrooms, two of the generously sized bedrooms have en suite bathrooms. The hallway has elevator stop and closet which is fitted out for a 2nd laundry area. The primary bedroom offers tons of closet space with a large walk in and secondary closet near the entrance door. Primary bathroom has private toliet, beautiful high end tile and enclosed shower with room for more than one person. Enjoy the fresh salt air on your private deck which has beach views. Thrid floor: two equally sized bedrooms that share a hallway bathroom. Elevator and closet space are also located in the hallway. This magnificent home in the marvelous Margate is being sold with furniture. DON'T MISS YOUR OPPORTUNITY TO OWN THIS STUNNER.

Last Agent to Sell the Property

Marla Brestle

NEW ERA REAL ESTATE-B Listed on: 01/31/2023

NEW ERA REAL ESTATE-B

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,055

Lot Details

  • Lot Dimensions are 40x87.7
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Stone Exterior Construction

Interior Spaces

  • Elevator
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,055

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Age: 0 To 1 Year
  • Also Includes: Furnished, Rugs
  • Lvt Date: 01/31/2023
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Family Room, Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Cabana, Deck, Fenced Yard, Patio, Pool-In Ground, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Shingle, Stone
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 40x87.7
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Mar 24, 2023
Sold by
Legg James M
Bought by
Miller Steven and Miller Marci
Seller's Agent
Marla Brestle
NEW ERA REAL ESTATE-B
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$2,350,000
Sold Price
$2,350,000
Views
32
Current Estimated Value
$2,737,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,801
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,350,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 18, 2020
Sold by
21 N Lancaster Ave Llc
Bought by
Legg James M
Seller's Agent
Jeff Silva
OCF REALTY, LLC
Buyer's Agent
Jeff Silva
OCF REALTY, LLC
List Price
$1,395,000
Sold Price
$1,310,728
Premium/Discount to List
-$84,272
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 5, 2019
Sold by
Burton Thomas and Burton Christine
Bought by
21 N Lancaster Ave Llc
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Jeff Silva
OCF REALTY, LLC
List Price
$539,000
Sold Price
$472,500
Premium/Discount to List
-$66,500
-12.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.38%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Estate Of Philip J Crosson
Bought by
Burton Thomas and Burton Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
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
Miller Steven $2,350,000 None Listed On Document
Legg James M $1,310,728 None Listed On Document
21 N Lancaster Ave Llc $472,500 Choice One Abstratc Inc
Burton Thomas $159,000 Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Steven $1,350,000
Previous Owner Burton Thomas $310,000
Previous Owner Burton Thomas $178,000
Previous Owner Burton Thomas R $147,350
Previous Owner Burton Thomas R $35,000
Previous Owner Burton Thomas $145,550
Previous Owner Burton Thomas $143,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $2,350,000 0.0% --
02/06/2023 02/06/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $2,350,000 +79.3% --
07/24/2020 07/24/20 Sold $1,310,728 -6.0% --
06/08/2020 06/08/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $1,395,000 +195.2% --
05/10/2019 05/10/19 Sold $472,500 -5.3% --
04/24/2019 04/24/19 Pending -- -- --
04/10/2019 04/10/19 Price Changed $499,000 -7.4% --
02/14/2019 02/14/19 For Sale $539,000 -- --
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 $21,055 $1,232,700 $338,400 $894,300
2024 $21,055 $1,232,700 $338,400 $894,300
2023 $19,452 $1,232,700 $338,400 $894,300
2022 $19,452 $1,232,700 $338,400 $894,300
2021 $19,181 $1,232,700 $338,400 $894,300
2020 $5,238 $338,400 $338,400 $0
2019 $6,311 $409,300 $338,400 $70,900
2018 $6,397 $409,300 $338,400 $70,900
2017 $6,406 $409,300 $338,400 $70,900
2016 $6,189 $409,300 $338,400 $70,900
2015 $6,090 $409,300 $338,400 $70,900
2014 $5,976 $409,300 $338,400 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Marla Brestle

    Seller's Agent in 2023

    Marla Brestle

    RE/MAX Platinum Properties

    (609) 412-1574

    6 in this area

    28 Total Sales

    Marla Brestle
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Jeff Silva

    Seller's Agent in 2020

    Jeff Silva

    OCF REALTY, LLC

    (844) 765-3297

    23 in this area

    618 Total Sales

    Jeff Silva
    Section Image
  • Ashley Franchini

    Seller's Agent in 2019

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    58 in this area

    201 Total Sales

    Ashley Franchini
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    DIANE KRESZ

    MARKETPLACE REALTY

    (609) 364-2440

    10 in this area

    48 Total Sales

    DIANE KRESZ
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570676

South Jersey Shore Regional MLS

APN: 16-00213-02-00003

New Jersey Atlantic County Margate City 08402

21 N Lancaster Ave, Margate City, NJ

This home is located at 21 N Lancaster Ave, Margate City, NJ 08402 since 31 January 2023 and is currently estimated at $2,737,801. 21 N Lancaster Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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