NOT LISTED FOR SALE

301 N Mansfield Ave Margate City, NJ 08402

Estimated Value: $1,895,000 - $2,583,000

5 Beds
5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $989,000

Est. 122% increase in value since last sale

Current estimated payment $13,051/month

168 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • 3-minute walk to Jerome Avenue Park

About This Home

As of October 2020

High-end new construction in a Margate Parkway location... it doesn't get much better than that. Featuring five large bedrooms, including an oversized master suite, five full bathrooms and all of the luxury, custom finishes a buyer is looking for. Chef's kitchen with a center island, beautiful woodwork, multiple decks, attached garage plus driveway parking, fenced in backyard, sprinkler system, outdoor shower plus an optional in-ground pool! Make this your dream year-round home, or ideal summer escape in Margate for the whole family to enjoy. Built by the experienced and award-winning PMG Builders.

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 12/27/2019

Compass Real Estate-Margate

Co-Listed By

Vincent Novelli

Compass Real Estate-Margate

Last Buyer's Agent

DUSTIN NORTON

Soleil Sotheby's International Realty - A License #1645774

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,925

Lot Details

  • Lot Dimensions are 50 x 80
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Storage

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,925

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Other Rooms: Eat In Kitchen

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Pool-In Ground, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 50 X 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Oct 26, 2020
Sold by
Bull Investments Llc
Bought by
Brocco Jeffrey and Brocco Christine
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
DUSTIN NORTON
Soleil Sotheby's International Realty - A
List Price
$989,000
Sold Price
$989,000
Current Estimated Value
$2,192,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,203,219
Avg. Annual Appreciation
17.29%
Original Mortgage
$489,000
Outstanding Balance
$434,147
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,758,072
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
Brocco Jeffrey $989,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brocco Jeffrey $489,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2020 10/29/20 Sold $989,000 0.0% --
06/12/2020 06/12/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $989,000 0.0% --
01/27/2020 01/27/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $989,000 +46.5% --
01/22/2019 01/22/19 Sold $675,000 -11.2% -- View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $760,000 -6.2% --
06/01/2018 06/01/18 For Sale $810,000 -- --
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 $18,925 $1,108,000 $248,400 $859,600
2024 $18,925 $1,108,000 $248,400 $859,600
2023 $17,484 $1,108,000 $248,400 $859,600
2022 $17,266 $1,094,200 $248,400 $845,800
2021 $14,164 $910,300 $248,400 $661,900
2020 $3,207 $207,200 $124,200 $83,000
2019 $1,915 $124,200 $124,200 $0
2018 $1,941 $124,200 $124,200 $0
2017 $1,944 $124,200 $124,200 $0
2016 $1,878 $124,200 $124,200 $0
2015 $1,848 $124,200 $124,200 $0
2014 $1,813 $124,200 $124,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531777

South Jersey Shore Regional MLS

APN: 16-00513-01-00010