NOT LISTED FOR SALE

7 N Osborne Ave Margate City, NJ 08402

Estimated Value: $2,348,000 - $3,647,000

5 Beds
4.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold August 04, 2021

Last sale price $1,725,000

Est. 73% increase in value since last sale

Current estimated payment $18,932/month

21 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Great Room

About This Home

As of August 2021

PARKWAY NEW CONSTRUCTION MASTERPIECE BEING BUILT BY ISLAND BUILDERS!!! Situated on one of the MARGATE PARKWAY'S prettiest and most desirable streets and located just STEPS to Margate's BEAUTIFUL BEACHES, this 5-bed, 4 and a half bath custom built home will impress your fussiest clients! The luxurious features include high ceilings, hardwood flooring, custom woodwork throughout (including crown molding, coffered ceilings, and gorgeous wainscoting!!), a 4-STOP ELEVATOR going down to the ground level, and an IN-GROUND POOL!! The large open floor plan will feature a large family room, a large gourmet kitchen with high-end stainless steel appliances and huge center island with ample counter seating, and a generous dining area! A mud/utility room and powder room complete the first floor. The second floor boasts a generously sized master suite with large walk-in closet and palatial master bath! No more sharing bathrooms! The second floor will have two spacious bedrooms with private en-suites! Rounding out the second floor is another laundry room and utility closet! The third floor will have two more generously-sized bedrooms and another full bath! Situated on the "sunny-side of the street", this spectacular new home will also include massive front decks to enjoy your morning cup of coffee in the shade or afternoon cocktails in the sun! Act now to help custom build your dream home WITH ONE OF THE MOST METICULOUS BUILDERS IN THE AREA, ISLAND BUILDERS!! CALL TODAY!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 05/22/2020

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II License #1112664

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II License #1112664

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,184

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 50x80
  • Fenced
  • Sprinkler System

Interior Spaces

  • 3-Story Property
  • Elevator
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Storage
  • Laundry Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,184

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 05/22/2020
  • New Construction: Yes
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Porch, Sidewalks, Sprinkler System

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 4, 2021
Sold by
Isabella Homes Llc
Bought by
Alt Jonathan and Marshall Deborah Jill
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$1,849,000
Sold Price
$1,725,000
Premium/Discount to List
-$124,000
-6.71%
Total Days on Market
21
Current Estimated Value
$2,984,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,259,005
Avg. Annual Appreciation
15.38%

Purchase Details

Closed on
Mar 30, 2020
Sold by
Jwa Investments Llc
Bought by
Isabella Homes Llc

Purchase Details

Closed on
Feb 25, 2020
Sold by
Weinstein Marvin M and Weinstein Darlene
Bought by
Jwa Investments Llc

Purchase Details

Closed on
Nov 27, 1987
Bought by
Weinstein Marvin and Weinstein Darlene
Source: Public Records

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Range of Values:

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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
Alt Jonathan $1,725,000 None Available
Isabella Homes Llc $575,000 None Available
Jwa Investments Llc $535,000 None Available
Weinstein Marvin $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinstein Marvin $373,900
Previous Owner Weinstein Marvin $160,000
Previous Owner Weinstein Marvin $122,000
Previous Owner Weinstein Marvin $349,490
Previous Owner Weinstein Marvin $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $1,725,000 -6.7% --
06/12/2020 06/12/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $1,849,000 -- --
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 $26,184 $1,533,000 $389,200 $1,143,800
2023 $24,191 $1,533,000 $389,200 $1,143,800
2022 $24,191 $1,533,000 $389,200 $1,143,800
2021 $10,103 $649,300 $389,200 $260,100
2020 $9,426 $608,900 $389,200 $219,700
2019 $9,389 $608,900 $389,200 $219,700
2018 $9,517 $608,900 $389,200 $219,700
2017 $9,529 $608,900 $389,200 $219,700
2016 $9,207 $608,900 $389,200 $219,700
2015 $9,060 $608,900 $389,200 $219,700
2014 $8,890 $608,900 $389,200 $219,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537153

South Jersey Shore Regional MLS

APN: 16-00215-0000-00007