NOT LISTED FOR SALE

217 N Rumson Ave Margate City, NJ 08402

Estimated Value: $2,289,000 - $3,038,000

5 Beds
4.5 Baths
1,084 Sq Ft
$2,367/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,475,000 $1,361 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $14,605/month

47 Days on Market

Highlights

  • New Construction
  • Deck
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Recreation Room
  • 3 Car Detached Garage

About This Home

As of April 2021

NEW CONSTRUCTION IN PRIME PARKWAY LOCATION! This custom built home is move-in ready for the whole family! Large eat-in kitchen with center island, custom cabinetry and upgraded appliances. First floor bonus room perfect for additional bedroom or den attached to full bath! Huge Master Suite w/ private deck. Master Bathroom with gorgeous soaking up and walk-in shower! PLUS bonus room connected to Master...use for nursery, walk-in closet, office...YOU NAME IT! Two more spacious bedrooms both with private balconies and Jack and Jill bath! Third floor features additional bedroom, full bath plus ANOTHER bonus room for playroom or home gym! Lovely front porch, huge back deck plus fenced in yard! Plenty of parking for 3+ cars and garage!! PERFECT location near all of Margate's raved about restaurants and shopping!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 02/11/2021

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Catherine Burke

Soleil Sotheby's International Realty - A License #SP-9236361

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 45.6x80
  • Fenced

Parking

  • 3 Car Detached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Dining Room
  • Den
  • Recreation Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • New Construction: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile, Vinyl
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 45.6x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 29, 2021
Sold by
Rashatwar Subash and Rashatwar Sangeeta
Bought by
Thompson Thomas J and Thompson Jill
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Catherine Burke
Soleil Sotheby's International Realty - A
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%
Current Estimated Value
$2,565,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,389
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Estate Of Bal Kaushal
Bought by
Rashatwar Subash and Rashatwar Sangeeta
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
Thompson Thomas J $1,475,000 Surety Title Company
Rashatwar Subash $225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $1,475,000 -1.6% $1,361 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,499,000 -- $1,383 / 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 $13,331 $780,500 $271,900 $508,600
2024 $13,331 $780,500 $271,900 $508,600
2023 $12,316 $780,500 $271,900 $508,600
2022 $12,316 $780,500 $271,900 $508,600
2021 $12,145 $780,500 $271,900 $508,600
2020 $7,755 $501,000 $271,900 $229,100
2019 $4,193 $271,900 $271,900 $0
2018 $5,097 $326,100 $271,900 $54,200
2017 $5,103 $326,100 $271,900 $54,200
2016 $4,931 $326,100 $271,900 $54,200
2015 $4,852 $326,100 $271,900 $54,200
2014 $4,761 $326,100 $271,900 $54,200
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2021

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    240 in this area

    725 Total Sales

    Paula Hartman
    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2021

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    61 in this area

    431 Total Sales

    Todd Gordon
    Section Image
  • Catherine Burke

    Buyer's Agent in 2021

    Catherine Burke

    Solei SIR Margate

    (609) 377-9582

    2 in this area

    8 Total Sales

    Catherine Burke
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547140

South Jersey Shore Regional MLS

APN: 16-00418-0000-00002

New Jersey Atlantic County Margate City 08402

217 N Rumson Ave, Margate City, NJ

Not Listed for Sale

Detached

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