NOT LISTED FOR SALE

8 N Douglas Ave Margate City, NJ 08402

Estimated Value: $1,608,000 - $2,414,229

4 Beds
4.5 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $1,750,000

Est. 11% increase in value since last sale

Current estimated payment $11,163/month

12 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Enclosed Patio or Porch
  • William H. Ross III Intermediate School Rated A-
  • Shades
  • Eat-In Kitchen

About This Home

As of December 2021

ELEGANCE AND LUXURY is what you will enjoy immediately upon stepping into this beach house! Absolutely stunning, tastefully-designed and in a great location. This 4-bedroom, 4.5-bath home is nestled on the "ABC" streets of Margate. Only 2 blocks to the beach, walking distance to restaurants, storefronts, and the boardwalk. Beautiful wood flooring throughout the entirety of the home. Upon entering the house you are greeted by a quaint foyer along with a coat closet. To your left, an open concept first floor design making entertaining very easy. A covered deck off of the dining room is the perfect spot to enjoy a morning cup of coffee. On your right, you’ll find a large en-suite and powder room, with beautifully etched glass doors covering the stackable washer and dryer. The second floor has 2 master en-suites. A walk up the stairs takes you to a custom walk-in closet (that even Carrie Bradshaw would die for), as well as a private area currently suited for use as a gym (but could be converted into another walk-in closet). The third floor offers privacy, featuring a 4th en-suite, sitting area (which could be easily converted into a 5th bedroom) and wet bar. Fenced-in backyard has many great features, including no-maintenance artificial grass, an outdoor shower, side access to the garage, and two paved driveways on both sides of the home for parking. Enjoy this perfect beach house not only in the summer, but all year-round! Call for your private showing today.

Last Agent to Sell the Property

Julie Lomas

LPT Realty Listed on: 11/03/2021

LPT Realty

Last Buyer's Agent

Sean Tannehill

LPT Realty

LPT Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Lot Dimensions are 32.75 x 72
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

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

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 6 To 10 Years
  • Also Includes: Blinds, Drapes, Shades
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Outside Shower, Patio, Porch, Porch Enclosed, Sidewalks
  • Siding Exterior: Cedar
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 32.75 X 72
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 16, 2021
Sold by
Diane Katz
Bought by
Taub William and Taub Francine Weiner
Seller's Agent
Julie Lomas
LPT Realty
Buyer's Agent
Sean Tannehill
LPT Realty
List Price
$1,799,000
Sold Price
$1,750,000
Premium/Discount to List
-$49,000
-2.72%
Current Estimated Value
$1,935,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,410
Avg. Annual Appreciation
2.57%
Original Mortgage
$1,276,000
Interest Rate
3.12%
Mortgage Type
Balloon

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 27, 2018
Sold by
Pang Stephen
Bought by
Katz Diane
Seller's Agent
DAVID CAMPBELL
Soleil Sotheby's International Realty - A
Buyer's Agent
Julie Lomas
LPT Realty
List Price
$845,000
Sold Price
$820,000
Premium/Discount to List
-$25,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.80%
Original Mortgage
$620,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jul 17, 2014
Sold by
Sheinson Marc and Sheinson Ilene
Bought by
117 Home Solutions Llc
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$550,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Cohen Alan Jay and Cohen Sherry Mauldin
Bought by
Sheinson Marc and Sheinson Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1996
Sold by
Cohen Alan Jay
Bought by
Cohen Alan Jay and Cohen Sherry Mauldin

Purchase Details

Closed on
Apr 20, 1995
Sold by
Berg Sara J
Bought by
Cohen Alan Jay
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
Taub William $1,750,000 Siligato Michael J
Katz Diane $820,000 None Available
117 Home Solutions Llc $375,000 None Available
Sheinson Marc $315,000 --
Cohen Alan Jay -- --
Cohen Alan Jay $121,200 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taub William $1,276,000
Previous Owner Katz Diane $620,000
Previous Owner 117 Home Solutions Llc $550,000
Previous Owner Sheinson Marc $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $1,750,000 -2.7% --
11/15/2021 11/15/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,799,000 +119.4% --
11/27/2018 11/27/18 Sold $820,000 -3.0% -- View Prior Sale
10/06/2018 10/06/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $845,000 +22.5% --
10/14/2016 10/14/16 Sold $690,000 0.0% -- View Prior Sale
09/09/2016 09/09/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $690,000 +84.0% --
07/17/2014 07/17/14 Sold $375,000 0.0% -- View Prior Sale
06/11/2014 06/11/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $375,000 -- --
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 $11,790 $690,300 $263,300 $427,000
2024 $11,790 $690,300 $263,300 $427,000
2023 $10,893 $690,300 $263,300 $427,000
2022 $10,893 $690,300 $263,300 $427,000
2021 $10,741 $690,300 $263,300 $427,000
2020 $10,686 $690,300 $263,300 $427,000
2019 $10,644 $690,300 $263,300 $427,000
2018 $10,789 $690,300 $263,300 $427,000
2017 $10,803 $690,300 $263,300 $427,000
2016 $11,862 $784,500 $263,300 $521,200
2015 $11,673 $263,300 $263,300 $0
2014 $4,865 $333,200 $263,300 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Julie Lomas

    Seller's Agent in 2021

    Julie Lomas

    LPT Realty

    (609) 346-4782

    10 in this area

    47 Total Sales

    Julie Lomas
    Section Image
  • Sean Tannehill

    Buyer's Agent in 2021

    Sean Tannehill

    LPT Realty

    (609) 412-0307

    52 in this area

    108 Total Sales

    Sean Tannehill
    Section Image
  • DAVID CAMPBELL

    Seller's Agent in 2018

    DAVID CAMPBELL

    Solei SIR Margate

    (609) 513-6399

    2 in this area

    53 Total Sales

    DAVID CAMPBELL
    Section Image

  • T

    Seller's Agent in 2016

    TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    117 in this area

    151 Total Sales

    TROY ROSENZWEIG
    Section Image
  • Ronnie Alper

    Seller's Agent in 2014

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    29 in this area

    42 Total Sales

    Ronnie Alper
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557119

South Jersey Shore Regional MLS

APN: 16-00205-02-00004

New Jersey Atlantic County Margate City 08402

8 N Douglas Ave, Margate City, NJ

Not Listed for Sale

Detached

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