NOT LISTED FOR SALE

8505 Fremont Ave Margate City, NJ 08402

Estimated Value: $1,179,623 - $1,553,000

4 Beds
2 Baths
2,076 Sq Ft
$627/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $850,000 $409 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,648/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Family Room with Fireplace
  • Main Floor Bedroom
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • 5-minute walk to Jerome Avenue Park

About This Home

As of January 2022

Must see this beautifully updated 4 bedroom, 2 full bath home located in the heart of Margate. Featuring an open floor plan with new wood like tile flooring in the kitchen, living, and dining areas. The family room has a gas fireplace. A stunning kitchen with an abundance of cabinetry, marble countertops, stainless steel appliances, Thermador six burner gas range. a center island with counter seating, a refrigerated wine cooler, microwave, pendant lighting, plantation shutters. Cabinets in the laundry room for added storage, washer and dryer, utility basin, tankless hot water heater, and Carrier HVAC system. Central air throughout the home and additional air curtains on the upper level. The 2nd level has 2 bedrooms, a full bath and storage areas. Security System. Maintenance free exterior with decorative window awnings, front porch, professional landscaping with exquisite ornamental trees and shrubs, sprinkler system. Two private patios, one with decorative pavers and another with a fire pit. Driveway with one car detached garage, outside shower. Close to houses of worship, fitness center, tennis courts, ball fields, shopping, transportation, fabulous restaurants, beach, ocean and bay. This is a home you can enjoy both inside and out.

Last Agent to Sell the Property

LORRAINE DEVINE

BHHS FOX and ROACH-Margate License #0560142 Listed on: 11/10/2021

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Lisa Alper-Russo

PLATINUM REAL ESTATE License #SP-8437430

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,724

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • Dining Room
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,724

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Cape Cod
  • Also Includes: Blinds, Rugs
  • Lvt Date: 11/10/2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Family Room, Gas Log
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry, Master Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Outside Shower, Patio, Paved Road, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Air Curtain, Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 50x81 irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 14, 2022
Sold by
Miranda Brian P
Bought by
Romeo Gaetano M and Amendolaro Matthew
Seller's Agent
LORRAINE DEVINE
BHHS FOX and ROACH-Margate
Buyer's Agent
Lisa Alper-Russo
PLATINUM REAL ESTATE
List Price
$819,000
Sold Price
$850,000
Premium/Discount to List
$31,000
3.79%
Current Estimated Value
$1,300,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,906
Avg. Annual Appreciation
12.59%
Original Mortgage
$680,000
Interest Rate
3.69%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 15, 2013
Closed on
Mar 14, 2014
Sold by
Sillup George P and Sillup Jeanne B
Bought by
Miranda Brian P
Seller's Agent
JACK ZABOROWSKI
eXp Realty - Ocean City S382K
Buyer's Agent
Danielle Collette
BALSLEY/LOSCO-VENTNOR
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$356,250
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2005
Sold by
Collins Thomas
Bought by
Sillup George and Sillup Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Marinucci Angela
Bought by
Collins Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2001
Sold by
Goldstein David
Bought by
Marinucci Richard J and Marinucci Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,125
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2000
Sold by
Ducat Ronny
Bought by
Goldstein David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.62%
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
Romeo Gaetano M $850,000 Surety Title
Miranda Brian P $475,000 Old Republic Natl Title Ins
Sillup George $599,000 --
Collins Thomas J $427,000 The Title Company Of Jersey
Marinucci Richard J $267,500 --
Goldstein David $150,000 Legal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romeo Gaetano M $680,000
Previous Owner Miranda Brian P $476,481
Previous Owner Mir4anda Brian P $132,320
Previous Owner Miranda Brian P $356,250
Previous Owner Sillup George P $380,000
Previous Owner Sillup George P $393,000
Previous Owner Sillup George $430,000
Previous Owner Collins Thomas J $341,600
Previous Owner Marinucci Richard $291,000
Previous Owner Marinucci Richard J $254,125
Previous Owner Goldstein David $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $850,000 +3.8% $409 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $819,000 +72.4% $395 / Sq Ft
03/28/2014 03/28/14 Sold $475,000 0.0% $229 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
11/15/2013 11/15/13 For Sale $475,000 -- $229 / 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
2024 $6,724 $393,700 $248,400 $145,300
2023 $6,213 $393,700 $248,400 $145,300
2022 $6,213 $393,700 $248,400 $145,300
2021 $6,126 $393,700 $248,400 $145,300
2020 $6,094 $393,700 $248,400 $145,300
2019 $6,071 $393,700 $248,400 $145,300
2018 $6,154 $393,700 $248,400 $145,300
2017 $6,161 $393,700 $248,400 $145,300
2016 $5,953 $393,700 $248,400 $145,300
2015 $5,858 $393,700 $248,400 $145,300
2014 $5,748 $393,700 $248,400 $145,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557320

South Jersey Shore Regional MLS

APN: 16-00613-01-00034