NOT LISTED FOR SALE

8209 Ventnor Ave Margate City, NJ 08402

Estimated Value: $1,200,664 - $1,416,000

3 Beds
2 Baths
-- Sq Ft
5,271 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $450,000

Est. 187% increase in value since last sale

Current estimated payment $7,398/month

1 Day on Market

Highlights

  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • 1 Car Detached Garage

About This Home

As of June 2020

Build your ultimate dream home at the shore! Being sold AS IS. This 1,720 square foot house sits on a 5,119 square foot lot in Margate. This house is in walking distance to the beach as well as some of the best food spots on the island. This contractor's special is just loaded with grand potential!

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 05/26/2020

Compass Real Estate-Margate

Last Buyer's Agent

Linda Novelli

Compass Real Estate-Margate Listed on: 05/26/2020

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1945

Lot Details

  • 5,271

Home Design

  • Stucco

Interior Spaces

  • 1.5-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,734

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1 1/2 Story
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Vinyl
  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Driveway: Gravel
  • Garage: Detached Garage
  • Parking Exterior: One Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Private
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 1720 Sq Ft
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Colvin Robert and Colvin Mary Genovese
Bought by
Colvin Mary Genovese
Current Estimated Value
$1,290,166

Purchase Details

Closed on
May 17, 2021
Sold by
Colvin Robert and Colvin Mary Genovese
Bought by
Colvin Mary Genovese

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 24, 2020
Sold by
Mccann Thomas J and The Estate Of Rita T Mccann
Bought by
Colvin Robert and Colvin Mary Genovese
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Linda Novelli
Compass Real Estate-Margate
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1976
Bought by
Mccann Rita T
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
Colvin Mary Genovese -- Ruggies Matthew
Colvin Mary Genovese -- Commonground Abstract
Colvin Robert $450,000 None Available
Mccann Rita T $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colvin Robert $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $450,000 -9.8% --
05/27/2020 05/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $499,000 -- --
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 $7,734 $452,800 $347,000 $105,800
2024 $7,734 $452,800 $347,000 $105,800
2023 $7,145 $452,800 $347,000 $105,800
2022 $7,145 $452,800 $347,000 $105,800
2021 $6,862 $441,000 $347,000 $94,000
2020 $6,327 $441,000 $347,000 $94,000
2019 $6,300 $441,000 $347,000 $94,000
2018 $6,393 $441,000 $347,000 $94,000
2017 $6,402 $441,000 $347,000 $94,000
2016 $6,168 $441,000 $347,000 $94,000
2015 $6,062 $441,000 $347,000 $94,000
2014 $5,939 $441,000 $347,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Novelli

    Seller's Agent in 2020

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    85 in this area

    170 Total Sales

    Linda Novelli
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537277

South Jersey Shore Regional MLS

APN: 16-00210-02-00030

New Jersey Atlantic County Margate City 08402

8209 Ventnor Ave, Margate City, NJ

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