NOT LISTED FOR SALE

8000 Lagoon Dr Margate City, NJ 08402

Estimated Value: $1,195,000 - $1,399,000

4 Beds
2.5 Baths
-- Sq Ft
5,619 Sq Ft Lot

Last Sold May 04, 2023

Last sale price $990,000

Est. 29% increase in value since last sale

Current estimated payment $7,431/month

24 Days on Market

Highlights

  • Den
  • Shades
  • Laundry Room
  • William H. Ross III Intermediate School Rated A-
  • Eat-In Kitchen
  • Outdoor Shower

About This Home

As of May 2023

Beautifully renovated 4 bedroom 2.5 bath home situated on a large corner lot in Margate. This home boasts an outdoor second floor deck and firepit seating/bar with gorgeous views overlooking the meadow. Large walk-up attic big enough for 2 additional bedrooms and bath. Quiet back yard with outdoor jacuzzi and large outside shower. Tons of privacy and plenty of room for a pool! Come and check it out. This home will not disappoint!

Last Agent to Sell the Property

FRANKLIN LAVERDE SR.

Soleil Sotheby's International Realty - A Listed on: 03/10/2023

Soleil Sotheby's International Realty - A

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,035

Lot Details

  • Lot Dimensions are 75x75
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Cedar Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Dining Room
  • Den
  • Storage In Attic

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Outdoor Shower

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,035

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Shades
  • Lvt Date: 03/10/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Wood Burning
  • Flooring: Vinyl, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Sidewalks, Sprinkler System
  • Siding Exterior: Cedar, Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 75x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 4, 2023
Sold by
Laverde Franklin
Bought by
Toner Shawn and Toner Michelle
Seller's Agent
FRANKLIN LAVERDE SR.
Soleil Sotheby's International Realty - A
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,129,000
Sold Price
$990,000
Premium/Discount to List
-$139,000
-12.31%
Views
192
Current Estimated Value
$1,273,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,198
Avg. Annual Appreciation
10.72%
Original Mortgage
$740,000
Outstanding Balance
$718,160
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$555,038
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
Toner Shawn $990,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toner Shawn $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $990,000 -12.3% --
03/10/2023 03/10/23 For Sale $1,129,000 0.0% --
09/15/2016 09/15/16 Rented -- -- --
08/16/2016 08/16/16 Under Contract -- -- --
07/12/2016 07/12/16 For Rent -- -- --
07/05/2016 07/05/16 Sold $265,000 0.0% -- View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $265,000 -- --
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 $9,035 $529,000 $337,500 $191,500
2024 $9,035 $529,000 $337,500 $191,500
2023 $8,348 $529,000 $337,500 $191,500
2022 $8,348 $529,000 $337,500 $191,500
2021 $8,231 $529,000 $337,500 $191,500
2020 $8,189 $529,000 $337,500 $191,500
2019 $8,157 $529,000 $337,500 $191,500
2018 $8,268 $529,000 $337,500 $191,500
2017 $8,279 $529,000 $337,500 $191,500
2016 $7,998 $529,000 $337,500 $191,500
2015 $7,872 $529,000 $337,500 $191,500
2014 $7,723 $529,000 $337,500 $191,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571910

South Jersey Shore Regional MLS

APN: 16-00709-02-00051