NOT LISTED FOR SALE

306 N Lancaster Ave Margate City, NJ 08402

Estimated Value: $1,086,000 - $1,511,000

4 Beds
2.5 Baths
2,278 Sq Ft
$541/Sq Ft Est. Value

Last Sold September 10, 2012

Last sale price $460,000 $202 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $7,075/month

92 Days on Market

Highlights

  • Family Room with Fireplace
  • Den
  • Laundry Room
  • William H. Ross III Intermediate School Rated A-
  • Porch
  • 4-minute walk to Jerome Avenue Park

About This Home

As of September 2012

Absolutely charming Parkway home on a large lot. Many renovations including a gourmet kitchen, oversized front porch, great living space and beautifully maintained. Newly renovated master bath and powder room. Seller is relocating and is motivated!!!!

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 05/22/2012

Compass Real Estate-Margate

Last Buyer's Agent

Ronnie Alper

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,457

Lot Details

  • Lot Dimensions are 50 x 81

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Den
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,457

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Family Room
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space, Unfinished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Outside Shower, Paved Road, Porch
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Dimensions: 50 x 81
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2016
Sold by
Wolf Richard and Mcdermott Wolf Joan
Bought by
Wolf Richard
Current Estimated Value
$1,232,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$315,554
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$917,313

Purchase Details

Listed on
May 22, 2012
Closed on
Sep 10, 2012
Sold by
Hunt James T and Hunt Maureen
Bought by
Wolf Richard and Mcdermott Wolf Joan
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%
Original Mortgage
$414,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Aiscowitz Benjamin and Aiscowitz Marcia
Bought by
Hunt James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Wolf Richard -- None Available
Wolf Richard $460,000 Title Resource Guaranty Com
Hunt James T $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Richard $390,000
Closed Wolf Richard $414,000
Previous Owner Hunt James T $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $460,000 0.0% $202 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $460,000 -- $202 / 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 $7,457 $436,600 $248,400 $188,200
2024 $7,457 $436,600 $248,400 $188,200
2023 $6,890 $436,600 $248,400 $188,200
2022 $6,890 $436,600 $248,400 $188,200
2021 $6,794 $436,600 $248,400 $188,200
2020 $6,759 $436,600 $248,400 $188,200
2019 $6,732 $436,600 $248,400 $188,200
2018 $6,824 $436,600 $248,400 $188,200
2017 $6,833 $436,600 $248,400 $188,200
2016 $6,601 $436,600 $248,400 $188,200
2015 $6,497 $436,600 $248,400 $188,200
2014 $6,374 $406,800 $248,400 $158,400
Source: Public Records

Agents Affiliated with this Home

  • Linda Novelli

    Seller's Agent in 2012

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    85 in this area

    170 Total Sales

    Linda Novelli
    Section Image
  • Ronnie Alper

    Buyer's Agent in 2012

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    32 in this area

    46 Total Sales

    Ronnie Alper
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 395328

South Jersey Shore Regional MLS

APN: 16-00513-01-00020

New Jersey Atlantic County Margate City 08402

306 N Lancaster Ave, Margate City, NJ

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