NOT LISTED FOR SALE

8602 Ventnor Ave Margate City, NJ 08402

Estimated Value: $2,040,000 - $3,057,000

4 Beds
3 Baths
2,577 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,275,000 $495 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $15,504/month

10 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Main Floor Primary Bedroom
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of May 2018

With its beautifully landscaped front yard, this Parkway South Side home is showstopper on the Parkway of Margate. Its custom brick walkway leads you into this immaculate 4 bedroom 3 bath Cape Cod home. Adjacent to the front sitting room there is a massive formal dining room with beautiful hardwood floors with lots of windows, perfect for entertaining even the largest groups. From there you pass through an elegant tiled living room boasting a custom wall of bookshelves, and double doors to your secluded, back brick patio. Step into your custom eat-In kitchen boasting a large center island, new stainless appliances, and wall to wall custom glass door cabinetry. The spacious master bedroom suite is a perfection with its stunning private spa bath. There is also a huge adjacent den/office connected to the master suite which can easily be used as a large second bedroom. Completing the 1st floor there is a powder room and an oversized pass through pantry and laundry room with tons of closet space. The 2nd floor boasts two more large bedrooms an open sitting area, loads of storage and a beautifully renovated full bath. The exterior features include a massive two car garage, expansive awning covered porch facing Margate's Parkway, a fenced patio with an electronic awning and privacy hedges that create an oasis perfect for entertaining. There's even a second floor balcony with ocean views.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 04/13/2018

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 04/13/2018

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,870

Lot Details

  • Lot Dimensions are 80.25' x 90'
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Home Security

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,870

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Drapes, Shades
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • 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
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 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: Den/Tv Room, Dining Area, Eat In Kitchen, Florida Room, Great Room, Laundry/Utility Room, Pantry, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Attic Fan, Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Baseboard, Gas-Natural, Multi-Zoned, Radiant
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Historical District
  • Lot Dimensions: 80.25' X 90'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 31, 2018
Sold by
Berg Dan S and Berg Linda N
Bought by
Krisch Evan B and Krisch Susan
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$1,350,000
Sold Price
$1,275,000
Premium/Discount to List
-$75,000
-5.56%
Current Estimated Value
$2,693,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,418,453
Avg. Annual Appreciation
10.60%
Original Mortgage
$892,500
Outstanding Balance
$733,111
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,960,342

Purchase Details

Closed on
Dec 20, 2007
Sold by
Lang Esq Robert P and Hughes Susan M
Bought by
Berg Dan S and Berg Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 3, 1992
Sold by
Camarota Frank
Bought by
Daviso Marie C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krisch Evan B $1,275,000 Infinity Title Ag Inc
Berg Dan S $1,200,000 The Title Company Of Jersey
Daviso Marie C $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krisch Evan B $892,500
Previous Owner Berg Dan S $250,000
Previous Owner Berg Dan S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $1,275,000 -5.6% $495 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $1,350,000 -- $524 / 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 $16,870 $987,700 $698,900 $288,800
2024 $16,870 $987,700 $698,900 $288,800
2023 $15,586 $987,700 $698,900 $288,800
2022 $15,586 $987,700 $698,900 $288,800
2021 $15,369 $987,700 $698,900 $288,800
2020 $15,290 $987,700 $698,900 $288,800
2019 $15,230 $987,700 $698,900 $288,800
2018 $15,438 $987,700 $698,900 $288,800
2017 $15,458 $987,700 $698,900 $288,800
2016 $14,934 $987,700 $698,900 $288,800
2015 $14,697 $987,700 $698,900 $288,800
2014 $14,420 $987,700 $698,900 $288,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 503844

South Jersey Shore Regional MLS

APN: 16-00114-0000-00001