NOT LISTED FOR SALE

7 E Gilmar Cir Margate City, NJ 08402

Estimated Value: $779,000 - $902,000

3 Beds
1.5 Baths
1,322 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $399,000 $302 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,976/month

119 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Shed
  • William H. Ross III Intermediate School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of June 2020

Move in ready and so adorable! This three bedroom, one and a half bath rancher sits on a quiet circle. An over-sized lot allows for a large back yard with room for the play-set, outdoor entertainment and of course a fenced in yard for your beloved pets! A lovely large front porch has an awning which provides an additional room to this home. The home has been updated with vinyl wood like flooring and newer kitchen and baths. The dining area and kitchen are light and bright, and flow into a spacious laundry room with access to the yard, complete with a large shed. The attic is floored throughout so plenty of room for storage. This is a perfect beach house for summer or year round living.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 01/17/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Sherri Lilienfeld

eXp Realty - Montclair

eXp Realty - Montclair

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,447

Lot Details

  • Lot Dimensions are 50 x 100
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Dining Area
  • Vinyl Flooring
  • Crawl Space
  • Storage In Attic
  • Storm Screens
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,447

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Also Includes: Blinds
  • Lvt Date: 01/17/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Refrigerator, Self Cleaning Oven
  • Flooring: Vinyl
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Laundry/Utility Room, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Porch, Shed, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 50 X 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jun 9, 2020
Sold by
Rauch Richard J and Rauch Anita E
Bought by
Resnick David E and Resnick Freda A
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Sherri Lilienfeld
eXp Realty - Montclair
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Current Estimated Value
$831,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,570
Avg. Annual Appreciation
15.07%
Original Mortgage
$359,100
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Dellarotta Gloria
Bought by
Rauch Richard J and Rauch Anita E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2003
Sold by
Fairweather John
Bought by
Dellarotta Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,900
Interest Rate
5.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 1995
Sold by
Fairweather John R and Fairweather Helen M
Bought by
Fairweather John R and Fairweather Helen M
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
Resnick David E $399,000 City Abstract
Rauch Richard J $400,000 The Title Company Of Jersey
Dellarotta Gloria $259,000 --
Dellarotta Gloria $259,000 Fidelity National Title
Fairweather John R -- Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resnick David E $359,100
Previous Owner Rauch Richard J $308,800
Previous Owner Rauch Richard J $320,000
Previous Owner Dellaratta Gloria $25,900
Previous Owner Dellarotta Gloria $207,200
Previous Owner Dellarotta Gloria $259,000
Previous Owner Mcnally Francis X $136,000
Previous Owner Fairweather John R $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $399,000 -6.1% $302 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $425,000 0.0% $321 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $425,000 -- $321 / 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 $5,447 $318,900 $245,000 $73,900
2024 $5,447 $318,900 $245,000 $73,900
2023 $5,032 $318,900 $245,000 $73,900
2022 $5,032 $318,900 $245,000 $73,900
2021 $4,962 $318,900 $245,000 $73,900
2020 $4,937 $318,900 $245,000 $73,900
2019 $4,917 $318,900 $245,000 $73,900
2018 $4,984 $318,900 $245,000 $73,900
2017 $4,991 $318,900 $245,000 $73,900
2016 $4,822 $318,900 $245,000 $73,900
2015 $4,745 $318,900 $245,000 $73,900
2014 $4,656 $318,900 $245,000 $73,900
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2020

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    116 in this area

    235 Total Sales

    Rene Kane
    Section Image
  • Sherri Lilienfeld

    Buyer's Agent in 2020

    Sherri Lilienfeld

    eXp Realty - Montclair

    (609) 287-1795

    12 in this area

    32 Total Sales

    Sherri Lilienfeld
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 532571

South Jersey Shore Regional MLS

APN: 16-00609-02-00091

New Jersey Atlantic County Margate City 08402

7 E Gilmar Cir, Margate City, NJ

This home is located at 7 E Gilmar Cir, Margate City, NJ 08402 since 17 January 2020 and is currently estimated at $831,570, approximately $629 per square foot. 7 E Gilmar Cir 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.

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