NOT LISTED FOR SALE

8000 Bayshore Dr Margate City, NJ 08402

Estimated Value: $3,889,000 - $6,601,000

6 Beds
6.5 Baths
-- Sq Ft
0.25 Acres

Last Sold September 01, 2022

Last sale price $5,100,000

Est. 8% increase in value since last sale

Current estimated payment $35,359/month

90 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • In Ground Pool
  • William H. Ross III Intermediate School Rated A-
  • New Construction
  • Home fronts a lagoon or estuary

About This Home

As of September 2022

This stunning Custom home built by Shore Design is located on one of the most sought after streets in Margate. Come check out this beautiful 6 bedroom, 6 1/2 bath house located directly on the bay. 1st floor includes a spacious family room with a linear fire place, 28ft cathedral ceilings, all high-end finishes and features accent the open floor plan, gourmet kitchen, wet bar, walk in pantry, 1/2 bath, laundry/mud room, one bedroom with a full bath. 4 stop elevator, custom steel staircase with 4 inch white oak steps suspended from the 28ft ceiling. White oak hardwood floors throughout. Outside on the same level as living area is a gunite built in pool with hot tub over looking the bay. Hardie board siding, Anderson windows and beautiful paved drive way. 2nd floor has 2 bedroom with 2 full baths as well as the master bedroom and the custom master bath has a copper nickel plated soaking tub. 3rd floor has two bedroom with 2 full bath. Beautiful sunset views from the multiple front decks of the house. Professional Pictures to follow

Last Agent to Sell the Property

DIna Demos

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE Listed on: 05/11/2022

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Last Buyer's Agent

DIna Demos

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE Listed on: 05/11/2022

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,009

Lot Details

  • Lot Dimensions are 76.29x145
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Home Design

  • New Construction
  • Brick Exterior Construction
  • Slab Foundation
  • Cedar Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Stone Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boat Slip
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 06/15/2022
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cathedral Ceiling, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 6
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space, Finished, Outside Entrance, Slab
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Boat Slip, Curbs, Deck, Fenced Yard, Pool-In Ground, Sidewalks, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Brick, Cedar
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Stone
  • Garage: Two Car, Attached 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: Tankless-Gas

Lot Info

  • Location: Bay Front, Bulkheaded, Cul-De-Sac, Docks, Lagoon Front, Water View
  • Lot Dimensions: 76.29x145
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Aug 30, 2022
Sold by
8000 Bayshore Llc
Bought by
Bayshore 8000 Llc
Seller's Agent
DIna Demos
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Buyer's Agent
DIna Demos
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$5,299,000
Sold Price
$5,100,000
Premium/Discount to List
-$199,000
-3.76%
Views
3
Current Estimated Value
$5,522,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,530
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 26, 2020
Sold by
Altman Kenneth Jon and Reiser Kelly Jayne
Bought by
8000 Bayshore Llc
Seller's Agent
Sid Benstead
BHHS FOX and ROACH-Marlton
Buyer's Agent
DIna Demos
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$815,000
Sold Price
$780,000
Premium/Discount to List
-$35,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.63%
Original Mortgage
$830,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2002
Sold by
Peck Sheila Ann
Bought by
Altman Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1989
Sold by
Peck Marc R
Bought by
Peck Sheila Ann
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
Bayshore 8000 Llc $5,100,000 --
8000 Bayshore Llc $780,000 Trident Abstract Ttl Agcy Ll
Altman Jeff $575,000 --
Peck Sheila Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8000 Bayshore Llc $830,000
Previous Owner Altman Jeff $600,000
Previous Owner Altman Jeff $240,000
Previous Owner Altman Jeff $360,000
Previous Owner Altman Jeff $100,000
Previous Owner Altman Jeff $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $5,100,000 -3.8% --
05/11/2022 05/11/22 For Sale $5,299,000 +579.4% --
06/29/2020 06/29/20 Sold $780,000 -4.3% --
05/08/2020 05/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $815,000 -- --
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 $66,009 $3,864,700 $675,200 $3,189,500
2024 $66,009 $3,864,700 $675,200 $3,189,500
2023 $60,985 $3,864,700 $675,200 $3,189,500
2022 $15,199 $963,200 $675,200 $288,000
2021 $10,506 $675,200 $675,200 $0
2020 $14,319 $925,000 $675,200 $249,800
2019 $14,264 $925,000 $675,200 $249,800
2018 $14,458 $925,000 $675,200 $249,800
2017 $14,476 $925,000 $675,200 $249,800
2016 $13,986 $925,000 $675,200 $249,800
2015 $13,764 $925,000 $675,200 $249,800
2014 $13,505 $925,000 $675,200 $249,800
Source: Public Records

Agents Affiliated with this Home

  • DIna Demos

    Seller's Agent in 2022

    DIna Demos

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (609) 284-0122

    3 in this area

    11 Total Sales

    DIna Demos
    Section Image
  • Sid Benstead

    Seller's Agent in 2020

    Sid Benstead

    BHHS Fox & Roach

    (609) 870-2249

    182 Total Sales

    Sid Benstead
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564049

South Jersey Shore Regional MLS

APN: 16-01200-0000-00023

New Jersey Atlantic County Margate City 08402

8000 Bayshore Dr, Margate City, NJ

This home is located at 8000 Bayshore Dr, Margate City, NJ 08402 since 11 May 2022 and is currently estimated at $5,522,530. 8000 Bayshore Dr is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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