NOT LISTED FOR SALE

38 N Clarendon Ave Margate City, NJ 08402

Estimated Value: $1,862,000 - $2,152,000

5 Beds
3.5 Baths
1,916 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,750,000 $913 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,276/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Great Room
  • 1 Car Detached Garage

About This Home

As of July 2023

MAGNIFICENT CUSTOM-BUILT HOME ON THE INCREDIBLE & HIGHLY DESIRABLE FIRST BLOCK NORTH OF CLARENDON AVENUE!! Situated on a rare, oversized 60'x62.5' lot-- this custom home is sure to "wow" you! Amazing, hard-to-find outdoor space with HUGE front porch, second floor master balcony and spacious backyard with plenty of room for entertaining! Built by John Irons with upgrades galore including cedar impression siding on all four sides and whole-house backup generator. First floor features a massive open living area with living room and fireplace, dining area with bar and custom coffered ceiling, and a GORGEOUS designer kitchen with large center island and tons of storage. This is a kitchen you will actually want to cook in!! First floor den with glass french doors perfect for an office, hang-out space or playroom. Powder room, side entry from the driveway and laundry room also on the first floor! Second floor of living with two bedrooms, beautiful full bath and the incredible master-suite with huge master bath, dream walk-in closet and relaxing second floor balcony to enjoy the early morning sun! Third floor with two more bedrooms and a bath! This house has it all on one of the nicest and prettiest blocks in Margate. Detached garage and stunning landscaping, too!! Just two blocks to the beach and walking distance to the boardwalk, Bocca, Greens & Grains, Hot Bagels, Casel's, Starbucks, Knit Wit, Zen Den, Water Dog, Hannah G's and SO MUCH MORE!

Last Agent to Sell the Property

Brian Hiltner

BHHS FOX and ROACH-Margate II Listed on: 04/18/2023

BHHS FOX and ROACH-Margate II

Co-Listed By

Paula Hartman

BHHS FOX and ROACH-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,943

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 60x62.5
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,943

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Curtains, Shades
  • Lvt Date: 04/18/2023
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Kitchen Center Island, Storage, Smoke/Fire Alarm, 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: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • 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, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Paved Road, Porch, Shed, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Combination, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Auto Door Opener, Detached Garage
  • 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, Tankless-Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 60X62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 11, 2023
Sold by
Taroff Howard J and Taroff Ellen
Bought by
Horn Frederick L and Horn Karen
Seller's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,799,999
Sold Price
$1,750,000
Premium/Discount to List
-$49,999
-2.78%
Total Days on Market
12
Views
67
Current Estimated Value
$2,028,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,374
Avg. Annual Appreciation
7.32%
Original Mortgage
$927,000
Outstanding Balance
$905,401
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,122,973

Purchase Details

Closed on
Jan 13, 2014
Sold by
Designers Choice Custom Homes Llc
Bought by
Taroff Howard J and Taroff Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,800
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2013
Sold by
Krell Edward M and Krell Amy R
Bought by
Designers Choice Custom Homes Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Toyzer Maxine and Toyzer Samuel
Bought by
Krell Edward M and Krell Amy R

Purchase Details

Closed on
Mar 15, 2005
Sold by
Ronis David and Ronis Lee Ellen T
Bought by
Toyzer Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First
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
Horn Frederick L $1,750,000 Historic Abstract
Taroff Howard J $991,000 Multiple
Designers Choice Custom Homes Llc $510,000 The Title Company Of Jersy
Krell Edward M $615,000 The Title Company Of Jersey
Toyzer Maxine -- Nationwide Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Frederick L $927,000
Previous Owner Taroff Howard $756,000
Previous Owner Taroff Howard J $792,800
Previous Owner Toyzer Maxine $65,000
Previous Owner Toyzer Maxine $210,000
Previous Owner Ronis David S $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,750,000 -2.8% $913 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $1,799,999 -- $939 / 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 $14,943 $874,900 $317,600 $557,300
2024 $14,943 $874,900 $317,600 $557,300
2023 $13,806 $874,900 $317,600 $557,300
2022 $13,806 $874,900 $317,600 $557,300
2021 $13,613 $874,900 $317,600 $557,300
2020 $13,543 $874,900 $317,600 $557,300
2019 $13,591 $881,400 $317,600 $563,800
2018 $13,776 $881,400 $317,600 $563,800
2017 $13,794 $881,400 $317,600 $563,800
2016 $13,327 $881,400 $317,600 $563,800
2015 $13,115 $881,400 $317,600 $563,800
2014 $12,868 $392,600 $317,600 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573152

South Jersey Shore Regional MLS

APN: 16-00204-01-00011