NOT LISTED FOR SALE

25 N Delavan Ave Margate City, NJ 08402

Estimated Value: $1,617,000 - $1,729,000

5 Beds
3.5 Baths
-- Sq Ft
2,831 Sq Ft Lot

Last Sold December 20, 2019

Last sale price $780,000

Est. 119% increase in value since last sale

Current estimated payment $10,069/month

40 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Corner Lot
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Den

About This Home

As of December 2019

This beautiful home sits in the heart of Margate and features three floors of living space. Enter off the covered front porch into a bright open living area boasting hardwood floors. The living area also includes a powder room and two large storage closets. French doors welcome you into the formal dining room boasting tons of natural light and a great wall of built-ins. The dining room flows right into the stunning kitchen, which features stainless steel appliances, granite countertops, white subway tile backsplash, and a large pantry. Off the kitchen is a covered back deck and access to the back patio/driveway. On the second floor you will find two sizable bedrooms, the master suite, a laundry room, and beautiful full hall bathroom. The master bedroom is complete with a huge walk-in closet, private bath with double sinks, and a private covered porch. The third floor is comprised of another living area (which can easily be closed off as a 5th bedroom), full bathroom, and fourth full bedroom. This fabulous home is move-in ready, close to Margate’s best shops and restaurants, and only 2 blocks to the beach. It makes for a great summer getaway or year round residence!

Last Agent to Sell the Property

Mark Arbeit

LPT Realty Listed on: 10/08/2019

LPT Realty

Last Buyer's Agent

Mark Arbeit

LPT Realty Listed on: 10/08/2019

LPT Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 45' x 62.5'
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Dining Room
  • Den
  • Recreation Room
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • 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
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Security System, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Upper
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 45' X 62.5'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 13, 2019
Sold by
Brown Martin
Bought by
Harris James B and Harris Jill
Seller's Agent
Mark Arbeit
LPT Realty
Buyer's Agent
Mark Arbeit
LPT Realty
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%
Current Estimated Value
$1,710,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$930,467
Avg. Annual Appreciation
13.53%
Original Mortgage
$484,350
Outstanding Balance
$427,024
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,241,008

Purchase Details

Closed on
Apr 1, 2005
Sold by
Snyder Beatrice
Bought by
Brown Martin
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
Harris James B $780,000 Infinity Title Agency
Brown Martin $365,500 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris James B $484,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $780,000 -1.9% --
11/17/2019 11/17/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $795,000 -- --
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 $12,849 $752,300 $288,000 $464,300
2024 $12,849 $752,300 $288,000 $464,300
2023 $11,871 $752,300 $288,000 $464,300
2022 $11,871 $752,300 $288,000 $464,300
2021 $11,706 $752,300 $288,000 $464,300
2020 $11,646 $752,300 $288,000 $464,300
2019 $11,600 $752,300 $288,000 $464,300
2018 $11,758 $752,300 $288,000 $464,300
2017 $11,774 $752,300 $288,000 $464,300
2016 $11,375 $752,300 $288,000 $464,300
2015 $11,194 $752,300 $288,000 $464,300
2014 $10,984 $752,300 $288,000 $464,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529046

South Jersey Shore Regional MLS

APN: 16-00204-04-00001