$400,000
SOLD NOV 26, 2019

27 N Frontenac Ave Margate City, NJ 08402

3 Beds
1.5 Baths
1,276 Sq Ft
2,500 Sq Ft Lot

Recently Sold

$313 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • A-Frame Home
  • Wood Flooring
  • No HOA
  • William H. Ross III Intermediate School Rated A-
  • Attic
  • 3-minute walk to Ross School Playground

About This Home

As of November 2019

Move-in ready 1st block North beach home just 2 blocks to the beach and 1 block to Casel's, Starbucks, and restaurants on Ventnor Ave. The homeowners recently installed a brand new Carrier HVAC System (2019), Hot Water Heater(2018), updated bathrooms with new Vanities & fixtures(2018), and the home is freshly painted with neutral gray paint. The home features plenty of outdoor space to enjoy the summer with friends and family and features a large covered front porch (2016), private backyard with EP Henry pavers(2016), professional landscaping & irrigation system, new outdoor shower (2019), detached garage with plenty of storage and off street parking. The entire house is filled with natural light and has the original Oak Staircase & original hardwood floors on the 2nd level. The Kitchen features SS appliances and a slider (2015) to the rear backyard convenient for entertaining and summer BBQs. The 2nd floor has 3 bedrooms with large closets, and a large linen closet in the hallway. The main floor bathroom is nicely updated with a large tiled shower (2016), clear glass shower door, & new vanity and fixtures (2019). Whether you are looking for a full time residence, summer home, or investment property, this gem in the heart of Margate is move in ready and has great rental history.

Last Agent to Sell the Property

Michelle Bachrach

BHHS Fox & Roach-Margate License #1432183 Listed on: 10/05/2019

BHHS Fox & Roach-Margate

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25.00 x 100.00
  • West Facing Home
  • Partially Fenced Property
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned S-25

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • A-Frame Home
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,276 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Room
  • Crawl Space
  • Attic Fan

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer
  • Gas Dryer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • High-Efficiency Water Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Flood Risk

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 00021
  • Assessor Parcel Number 16-00207 01-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,692

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: A-Frame
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Fee Simple
  • Exclusions: Personal Property
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Washer, Dryer, All Kitchen Appliances
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1935
  • Remarks Public: Move-in ready 1st block North beach home just 2 blocks to the beach and 1 block to Casel's, Starbucks, and restaurants on Ventnor Ave. The homeowners recently installed a brand new Carrier HVAC System (2019), Hot Water Heater(2018), updated bathrooms with new Vanities & fixtures(2018), and the home is freshly painted with neutral gray paint. The home features plenty of outdoor space to enjoy the summer with friends and family and features a large covered front porch (2016), private backyard with EP Henry pavers(2016), professional landscaping & irrigation system, new outdoor shower (2019), detached garage with plenty of storage and off street parking. The entire house is filled with natural light and has the original Oak Staircase & original hardwood floors on the 2nd level. The Kitchen features SS appliances and a slider (2015) to the rear backyard convenient for entertaining and summer BBQs. The 2nd floor has 3 bedrooms with large closets, and a large linen closet in the hallway. The main floor bathroom is nicely updated with a large tiled shower (2016), clear glass shower door, & new vanity and fixtures (2019). Whether you are looking for a full time residence, summer home, or investment property, this gem in the heart of Margate is move in ready and has great rental history.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Dishwasher, Dryer - Gas, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater - High-Efficiency
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Attic, Attic/House Fan, Ceiling Fan(s), Central Vacuum, Recessed Lighting, Sprinkler System, Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Laundry, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 332.99
  • Above Grade Finished Sq Ft: 1276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Exterior Features: Lawn Sprinkler, Sidewalks, Street Lights, Underground Lawn Sprinkler
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 150 Amps
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MARGATE CITY SCHOOLS
  • School District Key: 300200396917
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 116100.00
  • Land Assessed Value: 253000.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Very Good, Good
  • Year Assessed: 2019
  • Zoning: S-25

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 3408068
  • Tax Annual Amount: 5692.00
  • Assessor Parcel Number: 16-00207 01-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 1276
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 11/26/2019

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Nov 26, 2019
Sold by
Bachrach Michelle G and Bachrach Joshua
Bought by
Prebich Jonathan and Prebich Gina
Seller's Agent
Michelle Bachrach
BHHS Fox & Roach-Margate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Current Estimated Value
$910,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,610
Avg. Annual Appreciation
16.22%
Original Mortgage
$32,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 21, 2018
Sold by
Schnall Barbara and Schnall Bruce
Bought by
Bachrach Michelle G and Bachrach Joshua
Seller's Agent
Linda Joseph
BHHS FOX and ROACH-Marlton
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$439,900
Sold Price
$395,000
Premium/Discount to List
-$44,900
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$296,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
Greenberg Theodore
Bought by
Barbara Schnall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Klein Sheldon and Klein Betsy A
Bought by
Greenberg Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.48%

Purchase Details

Closed on
May 28, 1999
Sold by
Napoli Thomas A and Napoli Anne P
Bought by
Beauchamp Theodore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,700
Interest Rate
6.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 1998
Sold by
Juffe Irv
Bought by
Klein Sheldon and Klein Betsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.03%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Hud
Bought by
Juffe Irving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
1%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Mcgettigan James
Bought by
Hud
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 Type Sale Price Title Company
Deed $400,000 Trident Land Transfer Co Llc
Deed $395,000 Trident Land Transfer Co Llc
Deed $435,000 --
Deed $330,000 The Title Company Of Jersey
Deed $97,000 --
Deed $160,000 --
Deed $63,000 Congress Title Corp
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $32,000 New Conventional
Previous Owner $296,250 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $72,700 Balloon
Previous Owner $110,000 No Value Available
Previous Owner $50,000 No Value Available
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented -- -- --
11/07/2021 11/07/21 Price Changed $20,000 +11.1% --
09/13/2021 09/13/21 Price Changed $18,000 +20.0% --
06/25/2021 06/25/21 Price Changed $15,000 -16.7% --
05/17/2021 05/17/21 Price Changed $18,000 -10.0% --
03/30/2021 03/30/21 For Rent $20,000 0.0% --
11/26/2019 11/26/19 Sold $400,000 -5.9% $313 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/05/2019 10/05/19 For Sale $424,900 0.0% $333 / Sq Ft
08/01/2019 08/01/19 Rented -- -- --
07/27/2019 07/27/19 Rented -- -- --
12/14/2018 12/14/18 Price Changed $11,500 0.0% --
12/14/2018 12/14/18 For Rent $11,500 0.0% --
10/15/2018 10/15/18 Rented -- -- --
09/05/2018 09/05/18 For Rent $11,500 +721.4% --
09/04/2018 09/04/18 Price Changed $1,400 -6.7% --
08/13/2018 08/13/18 Price Changed $1,500 -16.7% --
06/26/2018 06/26/18 For Rent $1,800 0.0% --
05/21/2018 05/21/18 Sold $395,000 -5.9% --
04/22/2018 04/22/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $419,900 -4.5% --
03/07/2018 03/07/18 For Sale $439,900 -- --
Source: Bright 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
2024 $6,304 $369,100 $253,000 $116,100
2023 $5,824 $369,100 $253,000 $116,100
2022 $5,824 $369,100 $253,000 $116,100
2021 $5,743 $369,100 $253,000 $116,100
2020 $5,714 $369,100 $253,000 $116,100
2019 $5,692 $369,100 $253,000 $116,100
2018 $5,769 $369,100 $253,000 $116,100
2017 $5,776 $369,100 $253,000 $116,100
2016 $5,581 $369,100 $253,000 $116,100
2015 $5,492 $369,100 $253,000 $116,100
2014 $5,389 $369,100 $253,000 $116,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC111832

Bright MLS

APN: 16-00207-01-00021