NOT LISTED FOR SALE

8 N Hanover Ave Margate City, NJ 08402

Estimated Value: $1,034,387 - $1,275,000

3 Beds
1.5 Baths
-- Sq Ft
2,701 Sq Ft Lot

Last Sold January 26, 2018

Last sale price $375,000

Est. 208% increase in value since last sale

Current estimated payment $6,611/month

28 Days on Market

Highlights

  • Living Room with Fireplace
  • Furnished
  • Laundry Room
  • William H. Ross III Intermediate School Rated A-
  • Porch
  • 4-minute walk to Ross School Playground

About This Home

As of January 2018

Classic Single Family located just a over two blocks from the beach in the heart of Margate on a beautiful tree lined street! This lovely home features 3 bedrooms, 1 full bath, 1 half bath, formal dining room, spacious living room and additional sitting room. Situated on a 40' x 67.5' lot, other highlights include gas hot water heat, a large driveway and gated yard. Flood insurance is also very reasonable. Lots of potential with this vintage home, turn-key and ready to go.

Last Agent to Sell the Property

JOSEPH SHEPPARD

BHHS FOX and ROACH-Simpson OC Listed on: 11/03/2017

BHHS FOX and ROACH-Simpson OC

Last Buyer's Agent

Sean Tannehill

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,702

Year Built

  • Built in 1920

Lot Details

  • 2,701

Home Design

  • Asbestos Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 40 x 67.5

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,702

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Furnished
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Living Room, Wood Burning
  • Flooring: Vinyl, W/W Carpet
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Porch
  • Siding Exterior: Asbestos

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Hot Water, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 x 67.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jan 26, 2018
Sold by
Patrizo John Paul
Bought by
Fiorentino Donna
Seller's Agent
JOSEPH SHEPPARD
BHHS FOX and ROACH-Simpson OC
Buyer's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%
Current Estimated Value
$1,156,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,097
Avg. Annual Appreciation
15.61%
Original Mortgage
$300,000
Outstanding Balance
$253,817
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$902,280

Purchase Details

Closed on
Dec 11, 2015
Sold by
Fenton John Richard and Patrizio John Paul
Bought by
Patrizio John Paul

Purchase Details

Closed on
Oct 30, 1980
Bought by
Fenton Mary Jayne
Source: Public Records

Range of Values:

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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
Fiorentino Donna $375,000 Title Evolutions Llc
Patrizio John Paul -- Attorney
Fenton Mary Jayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiorentino Donna $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $375,000 -6.3% --
12/01/2017 12/01/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $400,000 -- --
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 $6,702 $392,400 $292,200 $100,200
2024 $6,702 $392,400 $292,200 $100,200
2023 $6,192 $392,400 $292,200 $100,200
2022 $6,192 $392,400 $292,200 $100,200
2021 $6,106 $392,400 $292,200 $100,200
2020 $6,074 $392,400 $292,200 $100,200
2019 $6,051 $392,400 $292,200 $100,200
2018 $5,911 $378,200 $292,200 $86,000
2017 $5,953 $380,400 $292,200 $88,200
2016 $5,752 $380,400 $292,200 $88,200
2015 $5,660 $380,400 $292,200 $88,200
2014 $5,554 $380,400 $292,200 $88,200
Source: Public Records

Agents Affiliated with this Home

  • JOSEPH SHEPPARD

    Seller's Agent in 2018

    JOSEPH SHEPPARD

    BHHS Fox & Roach

    (609) 602-0501

    96 Total Sales

    JOSEPH SHEPPARD
    Section Image
  • Sean Tannehill

    Buyer's Agent in 2018

    Sean Tannehill

    RE/MAX Platinum Properties

    (609) 412-0307

    52 in this area

    108 Total Sales

    Sean Tannehill
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 496608

South Jersey Shore Regional MLS

APN: 16-00210-02-00026

New Jersey Atlantic County Margate City 08402

8 N Hanover Ave, Margate City, NJ

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