NOT LISTED FOR SALE

8002 Bayshore Dr Margate City, NJ 08402

Estimated Value: $2,450,174 - $3,684,000

5 Beds
3.5 Baths
3,024 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $1,365,000 $451 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $18,670/month

174 Days on Market

Highlights

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

About This Home

As of December 2017

PRICE ADJUSTMENT!! AMAZING WATERFRONT VALUE! Margate's Lowest Priced BAYFRONT nestled on the Exclusive Cul-De-Sac of Bayshore Drive is seeking new owner. Your Family will Love the Private, Outdoor Living Space this Home Offers. Meticulously Landscaped and Pavered with an Inground, Gunite Pool Complete with Waterfall, Jacuzzi, Sun Deck, and BBQ Area. Love Water Toys? Bring your Boats, Kayaks, Paddle Boards, and Water Trampolines to attach to Your Private Dock with Riparian Rights. THIS IS THE ONE you have been waiting for..... Priced $400K less than its closest neighbor, this Beach Retreat is Ready for YOU to Enjoy or Make Your Own! The Floorplan Flows Well and the BAY VIEWS from Almost EVERY ROOM will Be Sure to Impress. Bonus Area in The Expansive Attic Awaits Your Creativity if you choose to expand larger than the current 3400 sq ft. Come and See the Possibilities! Schedule your private tour today!

Last Agent to Sell the Property

Emily Marchese

MARCHESE REAL ESTATE, LLC Listed on: 06/05/2017

MARCHESE REAL ESTATE, LLC

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,698

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 75 x 145
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Shingle Siding
  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Bar
  • Skylights
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Loft
  • Storage
  • Sauna
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Cedar Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Intercom
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Boat Slip
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,698

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes
  • Lvt Date: 06/08/2017
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Flooring: Hardwood, Marble, Tile, W/W Carpet
  • Interior Amenities: Bar, Carbon Monoxide Detector, Cedar Closet, Kitchen Center Island, Sauna, Security System, Storage, Skylight(s), Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Library/Study, Loft, Pantry, Recreation/Family, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Boat Slip, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Porch, Shed, Sidewalks, Sprinkler System, Whirlpool/Spa
  • Siding Exterior: Cedar, Shingle
  • Storm Screens: Combination

Garage/Parking

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

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Cul-De-Sac, Docks, Lagoon Front, Water View
  • Lot Dimensions: 75 X 145
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Dec 22, 2017
Sold by
Khalif Yuri and Khalif Niloofar Lily
Bought by
Eckert Thomas P and Eckert Deborah Ann
Seller's Agent
Emily Marchese
MARCHESE REAL ESTATE, LLC
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$1,365,000
Sold Price
$1,365,000
Current Estimated Value
$3,180,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,815,391
Avg. Annual Appreciation
11.58%
Original Mortgage
$1,092,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2005
Sold by
Ross Charles H and Ross Marilyn D
Bought by
Gold David R and Gold Mary E Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Eckert Thomas P $1,365,000 Multiple
Gold David R $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eckert Thomas P $1,096,000
Closed Eckert Thomas P $1,092,000
Previous Owner Khalif Yuri $909,902
Previous Owner Khalif Yuri $975,000
Previous Owner Gold David R $990,000
Previous Owner Ross Charles H $250,000
Previous Owner Ross Charles H $150,000
Previous Owner Ross Charles H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $1,365,000 0.0% $451 / Sq Ft
11/26/2017 11/26/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $1,365,000 -- $451 / Sq Ft
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 $17,698 $1,036,200 $721,100 $315,100
2024 $17,698 $1,036,200 $721,100 $315,100
2023 $16,351 $1,036,200 $721,100 $315,100
2022 $16,351 $1,036,200 $721,100 $315,100
2021 $15,140 $973,000 $721,100 $251,900
2020 $15,062 $973,000 $721,100 $251,900
2019 $15,004 $973,000 $721,100 $251,900
2018 $15,208 $973,000 $721,100 $251,900
2017 $15,227 $973,000 $721,100 $251,900
2016 $14,712 $973,000 $721,100 $251,900
2015 $14,478 $973,000 $721,100 $251,900
2014 $14,206 $973,000 $721,100 $251,900
Source: Public Records

Agents Affiliated with this Home

  • Emily Marchese

    Seller's Agent in 2017

    Emily Marchese

    MARCHESE REAL ESTATE, LLC

    (609) 241-5141

    11 in this area

    232 Total Sales

    Emily Marchese
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2017

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    6 in this area

    324 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 488670

South Jersey Shore Regional MLS

APN: 16-01200-0000-00022

New Jersey Atlantic County Margate City 08402

8002 Bayshore Dr, Margate City, NJ

This home is located at 8002 Bayshore Dr, Margate City, NJ 08402 since 05 June 2017 and is currently estimated at $3,180,391, approximately $1,051 per square foot. This property was built in 1973. 8002 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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