$368,000
SOLD MAY 5, 2020

31 Seaside Ct Margate City, NJ 08402

5 Beds
4.5 Baths
-- Sq Ft
7,667 Sq Ft Lot

Recently Sold

18% Below List Price

2 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Den

About This Home

As of May 2020

This is a large 5,000+ sq ft home which is nestled on an 8,000 sq ft lot on a cul-de-sac with Bay Views from back of the house. If you willing to do some work this is a win win for buyer/ investor! NO ACCESS AT THIS TIME! This property has been placed in an upcoming event. All offers should be submitted at https://www.Xome.com (void where prohibited).All offers received while in auction should be submitted by the buyer or buyer’s agent, by clicking on the “Bid Now” button if available, on the Property Details page on https://www.Xome.com.

Last Agent to Sell the Property

Jo Ann Torcasio

BHHS FOX and ROACH-Margate License #SP-9798682 Listed on: 03/05/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Neil Amin

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #1435765

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,140

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • Central Vacuum
  • Skylights
  • Gas Log Fireplace
  • Great Room
  • Dining Room
  • Den
  • Storage
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Home Security

  • Burglar Security System
  • Storm Screens

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas

Community Details

  • Interlude Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,140

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Contemporary
  • Lvt Date: 03/06/2020
  • Year Built: 2002
  • Special Features: 84
  • Property Sub Type: Detached

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Gas Stove, Self Cleaning Oven
  • Fireplace: Gas Log
  • Flooring: Hardwood, Tile
  • Interior Amenities: Security System, Storage, Skylight(s), 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: Main
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • 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, Dining Area, Dining Room, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Cul-De-Sac
  • Lot Dimensions: 99.09 Irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Patel Kush
Bought by
Jamiro Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,000
Outstanding Balance
$860,955
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$2,114,545

Purchase Details

Listed on
Mar 5, 2020
Closed on
Apr 17, 2020
Sold by
U S Bank National Association
Bought by
Patel Kush
Seller's Agent
Jo Ann Torcasio
BHHS FOX and ROACH-Margate
Buyer's Agent
Neil Amin
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$450,000
Sold Price
$368,000
Premium/Discount to List
-$82,000
-18.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.24%
Original Mortgage
$309,120
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2020
Sold by
Pagano Michael A and Pagano Janet
Bought by
U S Bank National Association and Adjustable Rate Mortgage Loan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,120
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2003
Sold by
Pagano Joseph
Bought by
Pagano Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
6.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 23, 2002
Sold by
Pagano Joseph R
Bought by
Pagano Joseph R and Pagano Michael Anthony

Purchase Details

Closed on
Dec 11, 2000
Sold by
Simon Betty
Bought by
Pacano Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1996
Sold by
Simon Richard
Bought by
J & M Land Company
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
Quit Claim Deed -- Atlantic Title
Special Warranty Deed $386,400 Surety Title Company
Sheriffs Deed $1,000 None Available
Deed -- --
Interfamily Deed Transfer -- Liberty Title Agency
Interfamily Deed Transfer -- Liberty Title Agency
Bargain Sale Deed $115,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $873,000 New Conventional
Previous Owner $309,120 New Conventional
Previous Owner $999,999 Unknown
Previous Owner $200,000 Stand Alone Second
Previous Owner $999,999 No Value Available
Previous Owner $900,000 No Value Available
Previous Owner $80,000 Credit Line Revolving
Previous Owner $750,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $600,000 Stand Alone First
Previous Owner $471,250 Stand Alone First
Previous Owner $330,000 Unknown
Previous Owner $92,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $2,990,000 0.0% $602 / Sq Ft
07/25/2025 07/25/25 For Sale $2,990,000 0.0% $602 / Sq Ft
07/25/2025 07/25/25 For Sale $2,990,000 0.0% --
07/25/2025 07/25/25 For Rent $7,000 0.0% --
06/01/2025 06/01/25 Off Market $3,250,000 -- --
05/21/2025 05/21/25 Price Changed $3,250,000 +22.6% $654 / Sq Ft
05/21/2025 05/21/25 Price Changed $2,650,000 +6.0% $534 / Sq Ft
03/24/2025 03/24/25 For Sale $2,500,000 +579.3% $503 / Sq Ft
05/05/2020 05/05/20 Sold $368,000 -18.2% --
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $450,000 -- --
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
2024 $13,140 $769,300 $305,900 $463,400
2023 $12,140 $769,300 $305,900 $463,400
2022 $12,140 $769,300 $305,900 $463,400
2021 $11,970 $769,300 $305,900 $463,400
2020 $11,909 $769,300 $305,900 $463,400
2019 $11,863 $769,300 $305,900 $463,400
2018 $12,024 $769,300 $305,900 $463,400
2017 $12,040 $769,300 $305,900 $463,400
2016 $11,632 $769,300 $305,900 $463,400
2015 $11,447 $769,300 $305,900 $463,400
2014 $11,232 $769,300 $305,900 $463,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534932

South Jersey Shore Regional MLS

APN: 16-00610-01-00077