NOT LISTED FOR SALE

308 N Lancaster Ave Margate City, NJ 08402

Estimated Value: $1,721,951 - $2,140,000

5 Beds
4 Baths
-- Sq Ft
4,051 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $835,000

Est. 121% increase in value since last sale

Current estimated payment $10,644/month

161 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Jerome Avenue Park

About This Home

As of July 2020

A beauty of of home awaits you in the fabulous Parkway section of Margate. This sizable 2 story home is meticulously kept, it's practically new construction. This home offers 5 bedrooms, 4 full baths with an open spacious layout. Gorgeous hard wood floors throughout and finished with designer touches! Kitchen cabinetry white with stainless appliances, under cabinet lighting is stunning! The bedroom on the first floor perfect for guest suite, office or den with a full bath. Master suite with walk-in closet and gorgeous private bath! 2 Laundry rooms, one on each floor. Entertaining is a breeze, whether relaxing on the front porch or dining outside enjoying the privacy of the back yard! This beautiful home offers every amenity, location, and layout! It is move in ready and priced to sell! A must see!!

Last Agent to Sell the Property

Jo Ann Daly

Re/Max Select Listed on: 01/10/2020

Re/Max Select

Last Buyer's Agent

Meghan Lindsey

RE/MAX ATLANTIC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,690

Lot Details

  • Lot Dimensions are 50x81
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Great Room
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,690

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50x81
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Aug 7, 2020
Sold by
Nahas Arthur
Bought by
Freedman Frank J
Seller's Agent
Jo Ann Daly
Re/Max Select
Buyer's Agent
Meghan Lindsey
RE/MAX ATLANTIC
List Price
$835,000
Sold Price
$835,000
Current Estimated Value
$1,847,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012,488
Avg. Annual Appreciation
16.33%
Original Mortgage
$584,500
Outstanding Balance
$518,493
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,328,995

Purchase Details

Closed on
Mar 31, 2017
Sold by
Davoco Contsructin Inc
Bought by
Nahas Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2014
Sold by
Tendler Paul
Bought by
Tendler Paul and Robb Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,745
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Tendler Roy
Bought by
Tendler Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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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
Freedman Frank J $835,000 Surety Title Company
Nahas Arthur $735,000 Agents Title Llc
Tendler Paul -- Surety Title Co
Tendler Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedman Frank J $584,500
Previous Owner Nahas Arthur $588,000
Previous Owner Tendler Paul $186,745
Previous Owner Tendler Paul $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2020 07/27/20 Sold $835,000 0.0% --
06/19/2020 06/19/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $835,000 0.0% --
01/30/2020 01/30/20 Off Market $835,000 -- --
01/10/2020 01/10/20 For Sale $835,000 +200.9% --
01/22/2016 01/22/16 Sold $277,500 0.0% -- View Prior Sale
01/04/2016 01/04/16 Pending -- -- --
08/11/2015 08/11/15 For Sale $277,500 -- --
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 $11,690 $684,400 $248,400 $436,000
2024 $11,690 $684,400 $248,400 $436,000
2023 $10,800 $684,400 $248,400 $436,000
2022 $10,800 $684,400 $248,400 $436,000
2021 $10,649 $684,400 $248,400 $436,000
2020 $10,595 $684,400 $248,400 $436,000
2019 $10,553 $684,400 $248,400 $436,000
2018 $10,697 $684,400 $248,400 $436,000
2017 $7,595 $485,300 $248,400 $236,900
2016 $5,148 $340,500 $248,400 $92,100
2015 $5,067 $340,500 $248,400 $92,100
2014 $4,971 $340,500 $248,400 $92,100
Source: Public Records

Agents Affiliated with this Home

  • Jo Ann Daly

    Seller's Agent in 2020

    Jo Ann Daly

    Re/Max Select

    (609) 513-8969

    5 in this area

    105 Total Sales

    Jo Ann Daly
    Section Image
  • Meghan Lindsey

    Buyer's Agent in 2020

    Meghan Lindsey

    RE/MAX

    (609) 442-4323

    81 Total Sales

    Meghan Lindsey
    Section Image
  • Danielle Collette

    Seller's Agent in 2016

    Danielle Collette

    BALSLEY/LOSCO-VENTNOR

    (609) 338-8072

    96 Total Sales

    Danielle Collette
    Section Image

  • G

    Buyer's Agent in 2016

    GARRETT F TURNBULL

    RE/MAX Platinum Properties

    (609) 839-3431

    2 in this area

    19 Total Sales

    GARRETT F TURNBULL
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 533086

South Jersey Shore Regional MLS

APN: 16-00513-01-00018

New Jersey Atlantic County Margate City 08402

308 N Lancaster Ave, Margate City, NJ

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