Seller's Agent in 2020
Ashley Franchini
Solei SIR Margate
(609) 233-6116
56 in this area
198 Total Sales
8003 Lagoon Dr Margate City, NJ 08402
Estimated Value: $3,901,000 - $4,049,290
5
Beds
4.5
Baths
--
Sq Ft
10,585
Sq Ft Lot
Highlights
- Property Fronts a Bay or Harbor
- Boat Slip
- Home fronts a lagoon or estuary
- William H. Ross III Intermediate School Rated A-
- Cabana
- Deck
About This Home
As of March 2020TRULY A BOATER'S OASIS! Come enjoy living on the water-every boat needs a home! Located on one of the largest lots, this waterfront residence is the most enchanting place nestled along Lagoon Drive which is one of the island's premier streets!!! Boasts incredible water frontage and incredible water views everywhere you turn! You'll love the massive outdoor living space here with an expansive rear yard with custom lighting, a beautiful in-ground pool, a built-in hot tub, a cabana bar area, and a dock and boat slip that will accommodate a 40 ft yacht and 3 jet-skis!!! The bulkhead is approximately 10 years young. Also a highlight of the home is the stone pavered horseshoe driveway in front with lots of parking for friends and family! The interior of this home is designed with amazing custom details throughout! It was recently renovated and features a two-story grand entrance, a formal living and dining room plus a great room overlooking the pool and lagoon with a stunning stone fireplace, a Chef's kitchen with two center islands, wine cooler, and warming drawer. The master suite is luxurious with its own private deck, and the additional bedrooms are very spacious! This opportunity is definitely one the finest on the water in Margate! Interior and more exterior photos to come!
Last Agent to Sell the Property
Soleil Sotheby's International Realty - A Listed on: 03/29/2019
Last Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE License #00000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,385
Year Built
- Built in 2003
Lot Details
- Lot Dimensions are 75x141
- Home fronts a lagoon or estuary
- Property Fronts a Bay or Harbor
- Fenced
- Sprinkler System
Home Design
- Vinyl Siding
- Stone Exterior Construction
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Dining Room
- Den
- Library
- Storage
- Water Views
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Stone Driveway
Pool
- Cabana
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Boat Slip
- Deck
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2019
Closed on
Mar 6, 2020
Sold by
Mendelsohn Ira and Mendelsohn Judy
Bought by
Kenny David A and Kenny Catherine M
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$1,725,000
Sold Price
$1,600,000
Premium/Discount to List
-$125,000
-7.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,380,763
Avg. Annual Appreciation
17.95%
Original Mortgage
$1,480,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 1999
Sold by
Hornikel Harry G and Hornikel Muriel
Bought by
Im Land Llc
Purchase Details
Closed on
Nov 28, 1988
Sold by
Gosin Stephen and Elaine Frances
Bought by
Mendelsohn Ira and Mendelsohn Judy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kenny David A | $1,600,000 | Surety Title Company | |
| Im Land Llc | $50,000 | -- | |
| Mendelsohn Ira | $611,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kenny Catherine M | $200,000 | |
| Open | Kenny David | $1,500,000 | |
| Previous Owner | Kenny David A | $1,480,000 | |
| Previous Owner | Mendelsohn Ira | $500,000 | |
| Previous Owner | Mendelsohn Ira | $1,000,000 | |
| Previous Owner | Mendelsohn Ira | $725,000 | |
| Previous Owner | Mendelsohn Ira | $350,000 | |
| Previous Owner | Mendelsohn Ira | $1,000,000 | |
| Previous Owner | Mendelsohn Ira | $670,000 | |
| Previous Owner | Mendelsohn Ira M | $500,000 | |
| Previous Owner | Mendelsohn Ira | $450,000 | |
| Previous Owner | Mendelsohn Ira | $300,000 | |
| Previous Owner | Mendelsohn Ira | $1,200,000 | |
| Previous Owner | Mendelsohn Ira | $350,000 | |
| Previous Owner | Mendelsohn Ira | $300,000 | |
| Previous Owner | Mendelsohn Ira | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $1,600,000 | -7.2% | -- |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- |
| 03/29/2019 03/29/19 | For Sale | $1,725,000 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $20,385 | $1,193,500 | $707,900 | $485,600 |
| 2024 | $20,385 | $1,193,500 | $707,900 | $485,600 |
| 2023 | $18,706 | $1,185,400 | $707,900 | $477,500 |
| 2022 | $18,706 | $1,185,400 | $707,900 | $477,500 |
| 2021 | $18,445 | $1,185,400 | $707,900 | $477,500 |
| 2020 | $18,350 | $1,185,400 | $707,900 | $477,500 |
| 2019 | $18,279 | $1,185,400 | $707,900 | $477,500 |
| 2018 | $18,528 | $1,185,400 | $707,900 | $477,500 |
| 2017 | $18,552 | $1,185,400 | $707,900 | $477,500 |
| 2016 | $17,923 | $1,185,400 | $707,900 | $477,500 |
| 2015 | $17,639 | $1,185,400 | $707,900 | $477,500 |
| 2014 | $17,307 | $1,185,400 | $707,900 | $477,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Franchini
-
A
Buyer's Agent in 2020
AGENT NON-MEMBER
NON-MEMBER OFFICE
Map
Source: South Jersey Shore Regional MLS
MLS Number: 519930
APN: 16-01200-0000-00034
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Nearby Homes
- 8010 Lagoon Dr
- 7905 Lagoon Dr
- 8110 Marshall Ave
- 614 N Delavan Ave
- 608 N Delavan Ave
- 31 Seaside Ct
- 426 N Exeter Ave
- 8 Seaside Ct
- 505 N Delavan Ave
- 1 Seaside Ct
- 420 N Delavan Ave
- 7605 Wellington Ave
- 323 N Huntington Ave
- 406 N Essex Ave
- 7403 Bayshore Dr
- 414 N Clermont Ave
- 312 N Gladstone Ave
- 8508 Wellington Ave
- 400 N Clermont Ave
- 8 S Colmar Cir
- 8005 Lagoon Dr
- 7911 Lagoon Dr
- 8002 Lagoon Dr
- 8007 Lagoon Dr
- 8004 Lagoon Dr
- 8006 Lagoon Dr
- 8000 Lagoon Dr
- 7909 Lagoon Dr
- 1 Baycrest Ct
- 8009 Lagoon Dr
- 8008 Lagoon Dr
- 2 Baycrest Ct
- 21 Baycrest Dr
- 3 Baycrest Ct
- 8008 Bayshore Dr
- 8004 Bayshore Dr
- 7907 Lagoon Dr
- 8011 Lagoon Dr
- 8010 Bayshore Dr
- 8002 Bayshore Dr