NOT LISTED FOR SALE

405 N Thurlow Ave Margate City, NJ 08402

Estimated Value: $2,653,955 - $4,127,000

5 Beds
5.5 Baths
-- Sq Ft
1.26 Acres

Last Sold November 16, 2022

Last sale price $3,540,000

Est. 3% decrease in value since last sale

Current estimated payment $20,325/month

64 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Home fronts a lagoon or estuary
  • William H. Ross III Intermediate School Rated A-
  • Property is near a marina
  • Deck

About This Home

As of November 2022

Without question the best waterfront home on the market! Rare opportunity! Showplace for sale on the water in the heart of Margate's prestigious Parkway section with 3 boatslips and easy walk to the beach and restaurants! Gorgeously renovated and perfectly finished stunner inside and out! Features 5 bedrooms all en'suites each with their own full bath. The light and bright main floor boasts soaring ceilings in the great room and kitchen, Nano folding door with drop down screen to enjoy those bayfront breezes and leading outside to an oversized, elevated travertine rear deck with glass railings and firepit, side hot tub & outdoor shower. And the automatic window treatments also offer privacy so you can see out at night but others can't see in. There's an additional family room on the main level of the house, balconies off the master suite and the third floor suite, all new mechanicals, impressive 55 ft wide by 100 ft deep lot, attached single garage and manicured landscaping. The three waterfront slips offer tons of fun on the bay for multiple boats and jet ski, trampoline, kayaks and all the water toys you want! You'll love this amazing home with the ultimate location! Anyone can go to the beach, you need to be invited to the bay!

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 08/27/2022

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Emma Piraino

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,490

Lot Details

  • Lot Dimensions are 55x100
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Fenced

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Boat Slip
  • Deck
  • Patio

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,490

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 08/27/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathrooms: 5
  • 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, Great Room

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Outside Shower, Patio, Enclosed Outside Shower

Garage/Parking

  • Driveway: Stone
  • Garage: Attached Garage
  • Parking Exterior: Parking Pad

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Lagoon Front, Marina, Water View
  • Lot Dimensions: 55x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Oct 31, 2022
Sold by
Caprarola Patrick
Bought by
Battista Properties Llc
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Emma Piraino
NEW ERA REAL ESTATE-B
List Price
$3,795,000
Sold Price
$3,540,000
Premium/Discount to List
-$255,000
-6.72%
Views
34
Current Estimated Value
$3,427,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,015
Avg. Annual Appreciation
-1.14%
Original Mortgage
$1,500,000
Outstanding Balance
$1,454,989
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,972,996

Purchase Details

Listed on
Oct 12, 2019
Closed on
Dec 3, 2019
Sold by
Kreuzberger Thomas
Bought by
Caprarola Patrick
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$1,799,999
Sold Price
$1,782,500
Premium/Discount to List
-$17,499
-0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.09%
Original Mortgage
$105,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 17, 2014
Closed on
Mar 21, 2014
Sold by
Scardigli Theresa M and Scardigli Dennis M
Bought by
Kruezberger Thomas
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$1,650,000
Sold Price
$1,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$48,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2004
Sold by
Scardigli Dennis M and Scardigli Theresa M
Bought by
Scardigli Theresa M

Purchase Details

Closed on
Jun 14, 2002
Sold by
Gallagher Thomas P and Gallagher Carol L
Bought by
Scardigli Dennis M and Scardigli Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Gallagher Thomas P and Gallagher Carol L
Bought by
Gallagher Thomas P and Gallagher Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.75%

Purchase Details

Closed on
Aug 28, 1996
Sold by
Carroccia Eugene and Carroccia Laura Bonaker
Bought by
Gallagher Thomas P and Gallagher Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8.12%
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
Battista Properties Llc $3,540,000 --
Caprarola Patrick $1,782,500 Trident Land Transfer
Kruezberger Thomas $1,550,000 Infinity Title Agency Inc
Scardigli Theresa M -- --
Scardigli Dennis M $975,000 Congress Title Corp
Gallagher Thomas P -- --
Gallagher Thomas P $345,000 Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battista Properties Llc $150,000
Open Battista Properties Llc $1,500,000
Previous Owner Caprarola Patrick $400,000
Previous Owner Caprarola Patrick $400,000
Previous Owner Caprarola Patrick $165,000
Previous Owner Caprarola Patrick $105,000
Previous Owner Caprarola Patrick $1,170,000
Previous Owner Kruezberger Thomas $48,000
Previous Owner Kruezberger Thomas $1,085,000
Previous Owner Scardigli Theresa $425,000
Previous Owner Scardigli Dennis M $932,838
Previous Owner Scardigli Dennis M $960,000
Previous Owner Gallagher Carol $55,000
Previous Owner Gallagher Thomas P $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $3,540,000 -6.7% --
08/27/2022 08/27/22 For Sale $3,795,000 +112.9% --
12/03/2019 12/03/19 Sold $1,782,500 -1.0% --
10/17/2019 10/17/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $1,799,999 0.0% --
07/01/2016 07/01/16 Rented -- -- --
06/01/2016 06/01/16 Under Contract -- -- --
03/14/2016 03/14/16 For Rent -- -- --
03/24/2014 03/24/14 Sold $1,650,000 0.0% --
03/20/2014 03/20/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $1,650,000 -- --
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 $21,490 $1,258,200 $631,400 $626,800
2024 $21,490 $1,258,200 $631,400 $626,800
2023 $19,854 $1,258,200 $631,400 $626,800
2022 $19,854 $1,258,200 $631,400 $626,800
2021 $19,528 $1,255,000 $631,400 $623,600
2020 $19,427 $1,255,000 $631,400 $623,600
2019 $19,352 $1,255,000 $631,400 $623,600
2018 $19,616 $1,255,000 $631,400 $623,600
2017 $19,641 $1,255,000 $631,400 $623,600
2016 $18,976 $1,255,000 $631,400 $623,600
2015 $18,674 $1,255,000 $631,400 $623,600
2014 $18,323 $1,255,000 $631,400 $623,600
Source: Public Records

Agents Affiliated with this Home

  • Ashley Franchini

    Seller's Agent in 2022

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    198 Total Sales

    Ashley Franchini
    Section Image

  • E

    Buyer's Agent in 2022

    Emma Piraino

    RE/MAX Platinum Properties

    (609) 822-3300

    24 Total Sales

    Emma Piraino
    Section Image
  • Paula Hartman

    Seller's Agent in 2019

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    759 Total Sales

    Paula Hartman
    Section Image
  • Dana Hartman

    Seller Co-Listing Agent in 2019

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    202 Total Sales

    Dana Hartman
    Section Image
  • Joseph DiLorenzo

    Buyer's Agent in 2016

    Joseph DiLorenzo

    DILORENZO REALTY GROUP, LLC

    (609) 226-9634

    23 Total Sales

    Joseph DiLorenzo
    Section Image
  • Mark Arbeit

    Seller's Agent in 2014

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    54 Total Sales

    Mark Arbeit
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 566529

South Jersey Shore Regional MLS

APN: 16-00520-0000-00034-02

New Jersey Atlantic County Margate City 08402

405 N Thurlow Ave, Margate City, NJ

This home is located at 405 N Thurlow Ave, Margate City, NJ 08402 since 27 August 2022 and is currently estimated at $3,427,985. 405 N Thurlow Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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