NOT LISTED FOR SALE

222 N Sumner Ave Margate City, NJ 08402

Estimated Value: $2,400,000 - $2,847,000

5 Beds
4.5 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $2,525,000

Est. 8% increase in value since last sale

Current estimated payment $14,960/month

390 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Living Room with Fireplace
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of April 2024

PARKWAY NEW CONSTRUCTION FEATURING GORGEOUS WATER VIEWS AND SUNSETS EVERY DAY!!!Situated on a beautiful corner lot and will feature 5 bedrooms and 4.5 baths. This one-of-a-kind, show stopper will showcase high ceilings, hardwood flooring throughout, gorgeous finishes, an elevator, and twin wrap around decks!! Home will boast a chef's kitchen which includes Thermador appliances and Euroline cabinetry. Large open floor plan on the first level features a spacious living room perfect for all of your hosting needs! Wrap around decks on both the first and second floors, allow you to enjoy sunsets or afternoon cocktails after a lovely day on the beach! An oversized garage and OPTION FOR IN-GROUND POOL! This will be a spectacular new home located in the PRESTIGIOUS PARKWAY SECTION of Margate on one of the prettiest streets! Minutes away from stores and restaurants in both directions. Ride your bike anywhere! DON'T WAIT! CALL TODAY TO CUSTOMIZE YOUR BRAND NEW BEACH HOME!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 02/02/2023

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Jeff Silva

OCF REALTY, LLC

OCF REALTY, LLC

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 38x80
  • Fenced
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Elevator, Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Patio, Pool-In Ground, Porch, Sidewalks

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 38X80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 12, 2024
Sold by
Amsum Associates Llc
Bought by
Schwartz Craig B
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Jeff Silva
OCF REALTY, LLC
List Price
$2,550,000
Sold Price
$2,525,000
Premium/Discount to List
-$25,000
-0.98%
Views
211
Current Estimated Value
$2,723,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,397
Avg. Annual Appreciation
2.21%

Purchase Details

Listed on
Apr 13, 2022
Closed on
Oct 7, 2022
Sold by
Horan-Whitfield Deena F
Bought by
Amsum Associates Llc
Seller's Agent
JUNE MARTIN
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$875,000
Sold Price
$777,000
Premium/Discount to List
-$98,000
-11.2%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
116.04%
Original Mortgage
$621,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1990
Sold by
Horan Thomas R and Horan Deena F
Bought by
Horan Deena F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz Craig B $2,525,000 American Legal Abstract
Amsum Associates Llc $777,000 None Listed On Document
Horan Deena F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amsum Associates Llc $621,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $2,525,000 -1.0% --
02/27/2024 02/27/24 Pending -- -- --
02/02/2023 02/02/23 For Sale $2,550,000 +228.2% --
10/07/2022 10/07/22 Sold $777,000 -5.8% -- View Prior Sale
07/16/2022 07/16/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $825,000 -5.7% --
04/13/2022 04/13/22 For Sale $875,000 -- --
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 $7,619 $1,388,600 $224,800 $1,163,800
2024 $7,619 $446,100 $224,800 $221,300
2023 $4,859 $307,900 $224,800 $83,100
2022 $4,859 $307,900 $224,800 $83,100
2021 $4,791 $307,900 $224,800 $83,100
2020 $4,766 $307,900 $224,800 $83,100
2019 $4,748 $307,900 $224,800 $83,100
2018 $4,812 $307,900 $224,800 $83,100
2017 $4,819 $307,900 $224,800 $83,100
2016 $4,655 $307,900 $224,800 $83,100
2015 $4,582 $307,900 $224,800 $83,100
2014 $4,495 $307,900 $224,800 $83,100
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2024

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    239 in this area

    724 Total Sales

    Paula Hartman
    Section Image
  • Jeff Silva

    Buyer's Agent in 2024

    Jeff Silva

    OCF REALTY, LLC

    (610) 721-8684

    25 in this area

    552 Total Sales

    Jeff Silva
    Section Image

  • J

    Seller's Agent in 2022

    JUNE MARTIN

    BHHS Fox & Roach

    (609) 442-6162

    7 in this area

    16 Total Sales

    JUNE MARTIN
    Section Image
  • Mark Bruton

    Seller Co-Listing Agent in 2022

    Mark Bruton

    BHHS Fox & Roach

    (609) 636-6030

    5 in this area

    39 Total Sales

    Mark Bruton
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570775

South Jersey Shore Regional MLS

APN: 16-00420-0000-00012

New Jersey Atlantic County Margate City 08402

222 N Sumner Ave, Margate City, NJ

Not Listed for Sale

Detached

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