NOT LISTED FOR SALE

7506 Winchester Ave Margate City, NJ 08402

Estimated Value: $1,308,000 - $1,466,000

3 Beds
3.5 Baths
2,156 Sq Ft
$642/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $520,000 $241 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $7,987/month

Highlights

  • Wood Flooring
  • Furnished
  • Skylights
  • William H. Ross III Intermediate School Rated A-
  • Den
  • Bar

About This Home

As of August 2022

This gorgeous completely renovated home is now available for summer rental. This home features 3 bedrooms, 3.5 baths, beautiful granite kitchen, with a wide open layout. Amazing outdoor space for outdoor living, BBQ, sunbathing etc. Located close to Marvin's Garden's area just a few short blocks to the beach, boardwalk , 7311 bakery, Hannah G's, Ginos' pizza and so much more. A great spot for you and your family to "summer" for 2020. Call today for more details.

Last Agent to Rent the Property

Suzanne Strauss Lawler

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 10/08/2021

LONG and FOSTER REAL ESTATE INC-Longport

Last Renter's Agent

Bridget Gagnon

MARKETPLACE REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1927

Lot Details

  • 2,962

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Bar
  • Skylights
  • Dining Area
  • Den
  • Storage
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Patio
  • Fenced

Home Details

Home Type

Single Family

Year Built

1927

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Lease Duration Options: Full Summer, July, August
  • Lease Duration: August
  • August Price: 22500
  • Sleeps Number: 8

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Bar, Carbon Monoxide Detector, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Patio
  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Oct 26, 2018
Sold by
Njhr 2 Llc
Bought by
Stolic Leslie A and Stolic James R
Seller's Agent
Joseph Fox
NEW JERSEY HOMES SALES INC
Buyer's Agent
Suzanne Strauss Lawler
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$589,900
Sold Price
$520,000
Premium/Discount to List
-$69,900
-11.85%
Current Estimated Value
$1,383,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,427
Avg. Annual Appreciation
14.69%
Original Mortgage
$220,000
Outstanding Balance
$138,583
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,244,844

Purchase Details

Closed on
May 31, 2018
Sold by
Rescigno Elizabeth and Federal National Mortgage Asso
Bought by
Njhr 2 Llc

Purchase Details

Closed on
Dec 6, 2004
Sold by
Rossiter Alice
Bought by
Rescigno Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stolic Leslie A $520,000 Infinity Title Agency
Njhr 2 Llc $327,000 None Available
Rescigno Elizabeth $390,000 --
Rescigno Elizabeth $390,000 --
Rescigno Elizabeth $390,000 Liberty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stolic Leslie A $220,000
Previous Owner Rescigno Elizabeth $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Rented -- -- --
10/08/2021 10/08/21 For Rent $22,500 +9.8% --
08/01/2021 08/01/21 Rented -- -- --
12/08/2020 12/08/20 For Rent $20,500 +10.8% --
07/01/2020 07/01/20 Rented -- -- --
09/25/2019 09/25/19 For Rent $18,500 +5.7% --
08/01/2019 08/01/19 Rented -- -- --
03/19/2019 03/19/19 Price Changed $17,500 -7.9% $8 / Sq Ft
02/28/2019 02/28/19 For Rent $19,000 0.0% --
10/26/2018 10/26/18 Sold $520,000 -1.9% $241 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Pending -- -- --
09/17/2018 09/17/18 Price Changed $529,900 -3.6% $246 / Sq Ft
08/29/2018 08/29/18 Price Changed $549,900 -3.5% $255 / Sq Ft
08/16/2018 08/16/18 Price Changed $569,900 -3.4% $264 / Sq Ft
07/26/2018 07/26/18 For Sale $589,900 -- $274 / 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 $8,518 $498,700 $306,900 $191,800
2024 $8,518 $498,700 $306,900 $191,800
2023 $7,869 $498,700 $306,900 $191,800
2022 $7,869 $498,700 $306,900 $191,800
2021 $7,760 $498,700 $306,900 $191,800
2020 $7,720 $498,700 $306,900 $191,800
2019 $7,690 $498,700 $306,900 $191,800
2018 $7,795 $498,700 $306,900 $191,800
2017 $7,805 $498,700 $306,900 $191,800
2016 $7,540 $498,700 $306,900 $191,800
2015 $7,421 $498,700 $306,900 $191,800
2014 $7,281 $498,700 $306,900 $191,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556365

South Jersey Shore Regional MLS

APN: 16-00201-01-00084