NOT LISTED FOR SALE

7401 Winchester Ave Margate City, NJ 08402

Estimated Value: $1,950,000 - $2,060,775

5 Beds
5.5 Baths
-- Sq Ft
5,053 Sq Ft Lot

Last Sold November 23, 2016

Last sale price $920,000

Est. 116% increase in value since last sale

Current estimated payment $11,717/month

29 Days on Market

Highlights

  • New Construction
  • Deck
  • Cathedral Ceiling
  • William H. Ross III Intermediate School Rated A-
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of November 2016

NEW PRICE!! JUST COMPLETED...Dream NEW CONSTRUCTION by MARVEN GARDENS and close to the boardwalk. This gorgeous five bedroom, five and a half bath features incredible wide-open layout with fireplace in living room and rich hardwood floors throughout both floors. Stunning kitchen features light and bright cabinetry, granite counter tops, and breakfast bar! First floor bedroom suite PLUS a fabulous master-suite with extra large shower and deck! Three more bedroom-suites with private full baths on the second floor. Wrap-around decks on both first and second floors plus an outdoor fireplace to stay cozy while basking in the picturesque views of MARVEN GARDENS and the Atlantic City Skyline! Huge lot size of 63 x 80 with large fenced yard! Powder room and large laundry/utility room with side door for convenient access the detached one-car garage plus off-street parking for two more cars. Just three blocks to the beach and conveniently located close to some of Margate & Ventnor's finest shopping and dining! Make this dream Margate beach home your very own...call today!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 09/09/2016

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 63x80
  • Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • 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
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: More Than 1, Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bar, Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Security System, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Porch, Sprinkler System, Sidewalks
  • Siding Exterior: Vinyl

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

Lot Info

  • Location: Boardwalk Area, Corner
  • Lot Dimensions: 63x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 7, 2016
Sold by
Revolution Builders Inc
Bought by
Divincenzo Melissa Ann and Hohman Eric Marc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$920,000
Sold Price
$920,000
Current Estimated Value
$1,989,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,069,944
Avg. Annual Appreciation
8.88%
Original Mortgage
$690,000
Outstanding Balance
$554,822
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,435,122

Purchase Details

Closed on
Aug 7, 2015
Sold by
Pastore Domenic J and Pastore Tami
Bought by
Revolution Builders Incorporated

Purchase Details

Closed on
Nov 2, 2007
Sold by
Bellissima Maryann
Bought by
Pastore Domenic J and Pastore Tami

Purchase Details

Closed on
Jun 5, 2002
Sold by
Friedman Rhoda K
Bought by
Bellissima Jerry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Divincenzo Melissa Ann $920,000 None Available
Revolution Builders Incorporated $340,000 Attorney
Pastore Domenic J $635,000 The Title Company Of Jersey
Bellissima Jerry $240,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divincenzo Melissa Ann $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2016 11/23/16 Sold $920,000 0.0% --
10/08/2016 10/08/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $920,000 -- --
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 $15,001 $878,300 $284,000 $594,300
2024 $15,001 $878,300 $284,000 $594,300
2023 $13,860 $878,300 $284,000 $594,300
2022 $13,860 $878,300 $284,000 $594,300
2021 $13,666 $878,300 $284,000 $594,300
2020 $13,596 $878,300 $284,000 $594,300
2019 $13,543 $878,300 $284,000 $594,300
2018 $13,728 $878,300 $284,000 $594,300
2017 $13,745 $878,300 $284,000 $594,300
2016 $4,294 $284,000 $284,000 $0
2015 $4,226 $284,000 $284,000 $0
2014 $4,146 $284,000 $284,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 474367

South Jersey Shore Regional MLS

APN: 16-00301-0000-00001-01