NOT LISTED FOR SALE

411 N Mansfield Ave Margate City, NJ 08402

Estimated Value: $2,134,000 - $2,496,000

5 Beds
4.5 Baths
-- Sq Ft
5,837 Sq Ft Lot

Last Sold July 08, 2020

Last sale price $1,500,000

Est. 56% increase in value since last sale

Current estimated payment $13,850/month

1 Day on Market

Highlights

  • Water Views
  • In Ground Pool
  • Multiple Fireplaces
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Recreation Room

About This Home

As of July 2020

STUNNING LUXURY HOME WITH WATER VIEWS!! Welcome to one of Margate City's premier homes! Built by a contractor for the contractor, no detail was overlooked and no expense was spared! This 3-story masterpiece features a chefs kitchen with a Wolf Range, pot filler, two sinks for convenience and an ever desirable open concept! All 5 bedrooms are over sized and the bathrooms come equipped with Hans Grohe shower and sink faucets! A speaker system inside and out provides for great sound experience and entertainment value! The first floor features two stone paver driveways to two separate garages, a beautiful home office with built in cabinetry, a home gym and entertainment room with a pool table and bar area! The backyard is everything you want at the shore! The heated pool with attached spa was treated with Pebble Tech technology, making it not only beautiful, but lasting! The home owner purchased solar panels outright, meaning no lease agreement! Not only is there no electric bill, but the home owners actually turn a yearly profit!! So many other details and features like expert trim work, wrought iron balusters, elevator, bay views and more! You have to see it to believe it!

Last Agent to Sell the Property

Dean Tridente

Keller Williams Realty Jersey Shore-Ocean City License #1643033 Listed on: 05/30/2020

Keller Williams Realty Jersey Shore-Ocean City

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate License #0234462

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,725

Lot Details

  • Lot Dimensions are 75x80
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Bar
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Library
  • Recreation Room
  • Workshop
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,725

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 2 To 5 Years
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment
  • Lvt Date: 05/30/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Central Vacuum, Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, More Than 1
  • Flooring: Hardwood
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Workshop

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Sidewalks, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Stone, Vinyl

Garage/Parking

  • Driveway: Stone
  • Garage: Three Or More Cars, Attached Garage, Auto Door Opener, Heated Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Water View
  • Lot Dimensions: 75x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 2, 2020
Sold by
Trivedi Manish and Williams Lindsey
Bought by
Haugen Michael S and Haugen Stephanie J
Seller's Agent
Dean Tridente
Keller Williams Realty Jersey Shore-Ocean City
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$1,399,000
Sold Price
$1,500,000
Premium/Discount to List
$101,000
7.22%
Current Estimated Value
$2,347,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,285
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 2, 2018
Sold by
Ruzzo Danette and Ruzzo Michael
Bought by
Trivedi Manish
Seller's Agent
Irene Ruzzo
BHHS FOX and ROACH-Margate
Buyer's Agent
Dean Tridente
Keller Williams Realty Jersey Shore-Ocean City
List Price
$1,280,000
Sold Price
$1,170,000
Premium/Discount to List
-$110,000
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$936,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2014
Closed on
May 23, 2014
Sold by
Estate Of Josephine Bonnello and Bear Gail
Bought by
Ruzzo Danette
Seller's Agent
Gloria DeHaven
BHHS FOX and ROACH-Margate
Buyer's Agent
Tania Ruzzo
BHHS FOX and ROACH-Margate
List Price
$332,000
Sold Price
$332,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.72%

Purchase Details

Closed on
May 1, 1996
Sold by
Kelman Ruth and Goldmann Clara V
Bought by
Bonello Robert and Bonello Josephine
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
Haugen Michael S $1,500,000 Trident Land Transfer Co Llc
Trivedi Manish $1,170,000 Surety Title Co
Ruzzo Danette $332,000 Multiple
Bonello Robert $145,000 Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haugen Michael S $650,000
Previous Owner Trivedi Manish $819,000
Previous Owner Trivedi Manish $936,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2020 07/08/20 Sold $1,500,000 +7.2% --
05/31/2020 05/31/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $1,399,000 +19.6% --
11/02/2018 11/02/18 Sold $1,170,000 -8.6% --
09/22/2018 09/22/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $1,280,000 +285.5% --
05/23/2014 05/23/14 Sold $332,000 0.0% --
05/01/2014 05/01/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $332,000 -- --
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 $12,725 $745,000 $311,900 $433,100
2023 $11,756 $745,000 $311,900 $433,100
2022 $11,756 $745,000 $311,900 $433,100
2021 $11,592 $745,000 $311,900 $433,100
2020 $11,533 $745,000 $311,900 $433,100
2019 $11,488 $745,000 $311,900 $433,100
2018 $11,644 $745,000 $311,900 $433,100
2017 $11,659 $745,000 $311,900 $433,100
2016 $11,264 $745,000 $311,900 $433,100
2015 $11,086 $311,900 $311,900 $0
2014 $6,094 $417,400 $311,900 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537404

South Jersey Shore Regional MLS

APN: 16-00613-01-00007