NOT LISTED FOR SALE

364 N Rumson Ave Margate City, NJ 08402

Estimated Value: $3,799,310 - $4,324,000

6 Beds
5 Baths
-- Sq Ft
0.28 Acres

Last Sold September 13, 2019

Last sale price $1,975,000

Est. 100% increase in value since last sale

Current estimated payment $23,424/month

73 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Built in 2017 | Newly Remodeled
  • Home fronts a lagoon or estuary
  • William H. Ross III Intermediate School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of September 2019

WOW, MUST-SEE!! MAGNIFICENT, DESIGNER BAYFRONT NEW CONSTRUCTION!!! Featuring six bedrooms, five full baths, an optional POOL on an oversized lot which boasts 73 feet ON THE BAY!! Masterfully designed with professional finishes, the first floor features a large den, first floor bedroom with an adjacent full bathroom, a gourmet kitchen with MARBLE counters and breakfast bar. Dining with a built-in QUARTZ wet bar and expansive great room overlook the large yard and boast the most breathtaking BAYVIEWS!! Second floor features a PALATIAL master-suite with private deck to bask in the bay breezes, a grand walk-in closet, and a full bath which features an extra large shower plus double Quartz sinks. Two more bedroom-suites each with their own private full baths with quartz vanities and a laundry room complete with a folding area complete this floor. Third floor boasts a loft area perfect for entertaining the family, two more bedrooms and yet another full bath with quartz vanity!!!! Dream PARKWAY location just a few blocks to the beach plus close to Margate's finest shopping and dining...this BAYFRONT BEAUTY truly is the best of both worlds!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 04/30/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 04/30/2019

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Bar
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Loft
  • Storage
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Great Room, In-Law Quarters, Laundry/Utility Room, Loft, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Paved Road, Pool-In Ground, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Lagoon Front, Water View
  • Lot Dimensions: 50x100IRR
  • Lot Size: Less Than One Acre

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Sep 13, 2019
Sold by
Rosadino Eugene P and Stamps Nicole Leigh
Bought by
Kratchman Brett E and The Brett E Kratchman Revocabl
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$2,100,000
Sold Price
$1,975,000
Premium/Discount to List
-$125,000
-5.95%
Current Estimated Value
$3,949,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,974,455
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
Jun 5, 2018
Sold by
Rosadino Eugene F and Stamps Nicole L
Bought by
Rosadino Eugene F and Stamps Nicole Leigh

Purchase Details

Listed on
Oct 26, 2015
Closed on
Sep 7, 2016
Sold by
Solomon Howard and Solomon Natalie
Bought by
Eugene Rosadino and Eugene Stamps
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Listed on
Mar 9, 2013
Closed on
Nov 25, 2013
Sold by
Beury Mary K
Bought by
Solomon Howard and Solomon Natalie
Seller's Agent
Gigi Rosenberger
MARKETPLACE REALTY
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.79%

Purchase Details

Closed on
Jan 17, 2004
Sold by
Bell Thomas A
Bought by
Kurz Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1996
Sold by
Kurz Jeanne S
Bought by
Bell Thomas A and Jeanne S Kurz Deed Of Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kratchman Brett E $1,975,000 None Available
Rosadino Eugene F -- None Available
Rosadino Eugene F -- None Available
Eugene Rosadino $2,300,000 --
Solomon Howard -- The Title Co Of Jersey
Solomon Howard $1,850,000 The Title Co Of Jersey
Kurz Robert K $500,000 The Title Company Of Jersey
Bell Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurz Robert K $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $1,975,000 -6.0% --
07/12/2019 07/12/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $2,100,000 +110.0% --
09/07/2016 09/07/16 Sold $1,000,000 0.0% -- View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $1,000,000 -45.9% --
11/25/2013 11/25/13 Sold $1,850,000 0.0% -- View Prior Sale
09/29/2013 09/29/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $1,850,000 -- --
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 $32,532 $1,904,700 $713,400 $1,191,300
2024 $32,532 $1,904,700 $713,400 $1,191,300
2023 $30,056 $1,904,700 $713,400 $1,191,300
2022 $30,056 $1,904,700 $713,400 $1,191,300
2021 $29,637 $1,904,700 $713,400 $1,191,300
2020 $29,485 $1,904,700 $713,400 $1,191,300
2019 $29,370 $1,904,700 $713,400 $1,191,300
2018 $29,770 $1,904,700 $713,400 $1,191,300
2017 $11,165 $713,400 $713,400 $0
2016 $0 $1,121,300 $1,121,300 $0
2015 $16,685 $1,121,300 $1,121,300 $0
2014 $16,371 $1,121,300 $1,121,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2019

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    241 in this area

    726 Total Sales

    Paula Hartman
    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2016

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    61 in this area

    431 Total Sales

    Todd Gordon
    Section Image

  • G

    Seller's Agent in 2013

    Gigi Rosenberger

    MARKETPLACE REALTY

    (609) 823-8500

    3 in this area

    15 Total Sales

    Gigi Rosenberger
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 521519

South Jersey Shore Regional MLS

APN: 16-00619-0000-00003-02

New Jersey Atlantic County Margate City 08402

364 N Rumson Ave, Margate City, NJ

Not Listed for Sale

Detached

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