NOT LISTED FOR SALE

7600 Bayshore Dr Margate City, NJ 08402

Estimated Value: $1,972,000 - $2,643,000

5 Beds
3.5 Baths
-- Sq Ft
8,015 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $1,762,500

Est. 28% increase in value since last sale

Current estimated payment $13,441/month

Highlights

  • In Ground Pool
  • Sauna
  • Recreation Room
  • William H. Ross III Intermediate School Rated A-
  • Living Room with Fireplace
  • Whirlpool Bathtub

About This Home

As of August 2023

Escape to the Ultimate Bayside Retreat! Experience the magic of a home away from home, thoughtfully equipped with everything you need for a relaxing and luxurious Summer getaway. You'll be captivated by stunning sunsets over the bay – a sight to behold! Step inside to find a tastefully decorated and fully loaded home with two cozy living rooms, two dining areas, and an extra den with a separate entrance – an ideal space for a playroom, office, or an additional 6th bedroom. To add to your convenience, this floor also boasts two sets of top-of-the-line washer and dryers! Climb one floor up to discover the master suite, where you can gaze at the picturesque bay views from the comfort of your room. The en-suite bathroom features a double vanity, shower, separate whirlpool tub, and an expansive walk-in closet – a perfect retreat after a day swimming and relaxing by your pool. Stay active and energized using your very own Peloton in the designated workout area! With enough space to accommodate up to 15 guests, this rental provides two bedrooms with bunk beds and options for cribs – perfect for the whole family to experience the joys of Margate in the Summer. There's also a guest bathroom with a double vanity for added comfort. On the third level, you'll find two more charming bedrooms along with an extra full bath, ensuring everyone has their own cozy spot to relax and unwind during your summer escape. But the delights continue outside, where your private vacation oasis awaits! Take a dip in the inviting in-ground pool, kayak on the bay and entertain in the outdoor kitchen area – a perfect setting for memorable summer gatherings! Welcome to your summer paradise – where the Bayside Dream comes alive and creates treasured memories during the enchanting summer season! See all available rental dates: May 2024 $12,000 month or $3,000 a week June 2024 $20,000 July 2024 $48,000 August 2024 $48,000 September including labor day 2024 $12,000

Last Agent to Rent the Property

William B. Spinner

REAL-FAIRFIELD License #1647459 Listed on: 01/11/2023

REAL-FAIRFIELD

Last Renter's Agent

William B. Spinner

REAL-FAIRFIELD License #1647459 Listed on: 01/11/2023

REAL-FAIRFIELD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,830

Year Built

  • 1981

Lot Details

  • 8,015

Parking

  • 3 Parking Spaces

Interior Spaces

  • 3-Story Property
  • Furnished
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Storage
  • Sauna
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Additional Features

  • In Ground Pool
  • Lot Dimensions are 80x100
  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,830

Year Built

1981

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Furnished: Yes
  • Lease Duration Options: Winter, September
  • Lease Duration: August
  • Full Summer Price: 120000
  • Winter Price: 2500
  • May Price: 10000
  • June Price: 25000
  • July Price: 50000
  • August Price: 50000
  • Sleeps Number: 15

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 3 Story
  • Lvt Date: 01/13/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 1981

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Living Room
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Sauna, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Pool-In Ground

Garage/Parking

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

Utilities

  • Air Conditioner: Central

Lot Info

  • Lot Dimensions: 80x100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
May 24, 2022
Sold by
Schwartz and Deborah
Bought by
Ruskin Cherie and Ruskin David
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,899,000
Sold Price
$1,762,500
Premium/Discount to List
-$136,500
-7.19%
Current Estimated Value
$2,255,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,728
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Goldstein Robert and Goldstein Sheryl
Bought by
Schwartz David and Schwartz Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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
Ruskin Cherie $1,762,500 Surety Title
Schwartz David $386,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz David C $95,000
Previous Owner Schwartz David $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented -- -- --
09/01/2023 09/01/23 Rented -- -- --
08/10/2023 08/10/23 For Rent $48,000 +6.7% --
08/01/2023 08/01/23 Rented -- -- --
02/01/2023 02/01/23 Price Changed $45,000 -10.0% --
02/01/2023 02/01/23 Rented -- -- --
01/11/2023 01/11/23 For Rent $50,000 +1900.0% --
12/12/2022 12/12/22 Price Changed $2,500 -16.7% --
09/21/2022 09/21/22 Price Changed $3,000 -75.0% --
09/07/2022 09/07/22 For Rent $12,000 +380.0% --
08/22/2022 08/22/22 Price Changed $2,500 -50.0% --
08/10/2022 08/10/22 Price Changed $5,000 -50.0% --
07/13/2022 07/13/22 Price Changed $10,000 -16.7% --
07/05/2022 07/05/22 Price Changed $12,000 +200.0% --
06/22/2022 06/22/22 Price Changed $4,000 -86.7% --
06/12/2022 06/12/22 Price Changed $30,000 -25.0% --
06/08/2022 06/08/22 For Rent $40,000 0.0% --
05/24/2022 05/24/22 Sold $1,762,500 -7.2% --
05/02/2022 05/02/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,899,000 -- --
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 $11,830 $692,600 $329,200 $363,400
2023 $10,929 $692,600 $329,200 $363,400
2022 $10,929 $692,600 $329,200 $363,400
2021 $10,050 $645,900 $329,200 $316,700
2020 $9,999 $645,900 $329,200 $316,700
2019 $9,960 $645,900 $329,200 $316,700
2018 $10,095 $645,900 $329,200 $316,700
2017 $10,108 $645,900 $329,200 $316,700
2016 $9,766 $645,900 $329,200 $316,700
2015 $9,611 $645,900 $329,200 $316,700
2014 $9,430 $645,900 $329,200 $316,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570166

South Jersey Shore Regional MLS

APN: 16-01004-01-00013