NOT LISTED FOR SALE

218 N Douglas Ave Margate City, NJ 08402

Estimated Value: $916,116 - $1,011,000

4 Beds
1.5 Baths
1,492 Sq Ft
$654/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $559,000 $375 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,733/month

Highlights

  • Wood Flooring
  • Furnished
  • Library
  • William H. Ross III Intermediate School Rated A-
  • Enclosed Patio or Porch
  • Outdoor Shower

About This Home

As of August 2022

Immaculate, perfect beach house for the month of August or July 15 until August 15th. The first floor has an awesome enclosed front porch for additional entertainment space. A living room, open dining room, beautiful large kitchen with stainless steel appliances, granite and a bar and an additional room to use as an office/ den or play area. A large, fenced back yard to enjoy dining outdoors and entertaining. An enclosed outdoor shower, a one car garage, a powder room and a laundry room finish out the first floor. The second floor has a master suite with a king bed and 2 more bedrooms -one with a queen bed and one with a double bed plus a shared bathroom. A smaller room upstairs is currently a nursery but could hold a twin bed. Included in the rental is a grill with a natural gas line, beach chairs, 4 beach badges, 2 bikes, towels and linens, etc. The owners are open to renting to a small dog with a fee plus an additional security deposit if the dog is house trained.

Last Agent to Rent the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 02/20/2022

BHHS FOX and ROACH-Margate

Last Renter's Agent

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 02/20/2022

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,488

Year Built

  • 1959

Lot Details

  • 2,483

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Library
  • Crawl Space
  • Storm Screens

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Additional Features

  • Fenced
  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,488

Year Built

1959

Lot Details

0

Rental Info

  • Pets Allowed: Will Consider
  • Furnished: Yes
  • Lease Duration Options: August
  • Lease Duration: August
  • August Price: 25000
  • Sleeps Number: 7

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 2 Story
  • Lvt Date: 02/20/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1959

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Laminate Flooring
  • Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Library/Study

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Porch Enclosed
  • Storm Screens: Combination

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2020
Closed on
Jan 29, 2021
Sold by
Doran John Wayne and Doran Judy
Bought by
Schneider Jordan and Schneider Sara
Seller's Agent
Rochelle Doran
BHHS Fox & Roach-Mullica Hill South
Buyer's Agent
Rene Kane
BHHS Fox & Roach-Margate
List Price
$611,000
Sold Price
$559,000
Premium/Discount to List
-$52,000
-8.51%
Current Estimated Value
$975,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,779
Avg. Annual Appreciation
12.57%
Original Mortgage
$447,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 13, 2020
Sold by
Reisman Robert and Estate Of Raymond Reisman
Bought by
Doran John Wayne and Doran Judy
Seller's Agent
Timothy Roche
MARKETPLACE REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$349,000
Sold Price
$354,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.06%
Original Mortgage
$318,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2016
Sold by
Reisman Raymond and Reisman Robert J
Bought by
Reisman Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,600
Interest Rate
4.77%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 23, 2006
Sold by
Reisman Raymond
Bought by
Reisman Raymond and Reisman Robert
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
Schneider Jordan $559,000 First American Mortgage Sln
Doran John Wayne $354,000 Trident Land Transfer Co Llc
Reisman Raymond -- Title Source Inc
Reisman Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Jordan $447,000
Previous Owner Doran John Wayne $318,600
Previous Owner Reisman Raymond $517,600
Previous Owner Reisman Raymond $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented -- -- --
02/20/2022 02/20/22 For Rent $25,000 0.0% --
01/29/2021 01/29/21 Sold $559,000 -5.1% $349 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/24/2020 11/24/20 Price Changed $589,000 -3.6% $368 / Sq Ft
11/15/2020 11/15/20 For Sale $611,000 +72.6% $382 / Sq Ft
03/13/2020 03/13/20 Sold $354,000 +1.4% $237 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $349,000 -- $234 / 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 $5,488 $321,300 $214,900 $106,400
2024 $5,488 $321,300 $214,900 $106,400
2023 $5,070 $321,300 $214,900 $106,400
2022 $5,070 $321,300 $214,900 $106,400
2021 $4,999 $321,300 $214,900 $106,400
2020 $4,724 $321,300 $214,900 $106,400
2019 $4,704 $321,300 $214,900 $106,400
2018 $4,772 $321,300 $214,900 $106,400
2017 $4,778 $321,300 $214,900 $106,400
2016 $4,608 $321,300 $214,900 $106,400
2015 $4,531 $321,300 $214,900 $106,400
2014 $4,441 $321,300 $214,900 $106,400
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Landlord's Agent in 2022

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    117 in this area

    236 Total Sales

    Rene Kane
    Section Image

  • R

    Seller's Agent in 2021

    Rochelle Doran

    BHHS Fox & Roach

    (856) 491-8933

    1 in this area

    4 Total Sales

    Rochelle Doran
    Section Image

  • T

    Seller's Agent in 2020

    Timothy Roche

    MARKETPLACE REALTY

    (609) 703-4668

    3 Total Sales

    Timothy Roche
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 559843

South Jersey Shore Regional MLS

APN: 16-00405-01-00017

New Jersey Atlantic County Margate City 08402

218 N Douglas Ave, Margate City, NJ

This home is located at 218 N Douglas Ave, Margate City, NJ 08402 since 20 February 2022 and is currently priced at $975,779. This property was built in 1959. 218 N Douglas 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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