Seller's Agent in 2021
Ashley Franchini
Solei SIR Margate
(609) 233-6116
54 in this area
193 Total Sales
8605 Fulton Ave Margate City, NJ 08402
Estimated Value: $3,128,000 - $3,758,000
5
Beds
5.5
Baths
--
Sq Ft
8,494
Sq Ft Lot
Highlights
- Property Fronts a Bay or Harbor
- Deck
- Great Room
- William H. Ross III Intermediate School Rated A-
- Sun or Florida Room
- 3 Car Attached Garage
About This Home
As of January 2021Rarely does a wide open bayfront property on an 85ft wide lot in the desirable Parkway Section of Margate like this come along! Private location all the way at the waterfront end of the Nassau Avenue canal and positioned on open water with sprawling water views that go on forever and ever! The sunsets are incredible! The bay is like your own private getaway for water sports, tubing, paddle-boarding, swimming, wave-running and kayaking! It is a paddle-boarders' paradise as the entire cove is your backyard since the intercoastal is about 700 ft away so no through boat traffic! Also an easy, short walk to the beach and restaurants too! Boasts three full stories of spacious living with 5 bedroom en-suites plus powder room, kitchen with SubZero, all season sunroom (also heated) to enjoy the water views all the time, coffered ceilings, outdoor kitchen with built-in BBQ, huge oversized deck that even extends out over the water, awning, no-maintenance newer vinyl bulkhead, floating dock, dock lighting, flood & LED lights, remote Smart system. Sold mostly furnished with some exclusions.
Last Agent to Sell the Property
Soleil Sotheby's International Realty - A Listed on: 10/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,411
Lot Details
- Lot Dimensions are 85x100
- Property Fronts a Bay or Harbor
Home Design
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Partially Furnished
- Ceiling Fan
- Great Room
- Dining Area
- Sun or Florida Room
- Storage
- Water Views
- Crawl Space
Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Parking Pad
- Stone Driveway
Outdoor Features
- Deck
Utilities
- Central Air
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2020
Closed on
Jan 25, 2021
Sold by
Chakrabarti Debtosh and Chakrabarti Julianna V
Bought by
Howell Thomas C and Howell Jennifer M
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Jeff Silva
OCF REALTY, LLC
List Price
$2,999,000
Sold Price
$2,500,000
Premium/Discount to List
-$499,000
-16.64%
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
$897,202
Avg. Annual Appreciation
6.67%
Original Mortgage
$1,500,000
Outstanding Balance
$1,341,585
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,055,617
Purchase Details
Listed on
Aug 30, 2013
Closed on
Jun 6, 2014
Sold by
Dimarco Robert R
Bought by
Chakrabarti Debtosh and Chakrabarti Julianna
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$995,000
Sold Price
$995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Purchase Details
Closed on
Nov 30, 1992
Sold by
P Dimarco & Co Inc
Bought by
Dimarco Robert R
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 |
|---|---|---|---|
| Howell Thomas C | $2,500,000 | Aaron Abstract Company | |
| Chakrabarti Debtosh | $995,000 | Multiple | |
| Dimarco Robert R | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Howell Thomas C | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2021 01/29/21 | Sold | $2,500,000 | -6.5% | -- | |
| 12/08/2020 12/08/20 | Pending | -- | -- | -- | |
| 11/24/2020 11/24/20 | Price Changed | $2,675,000 | -10.8% | -- | |
| 10/22/2020 10/22/20 | For Sale | $2,999,000 | +201.4% | -- | |
| 05/30/2014 05/30/14 | Sold | $995,000 | 0.0% | -- | View Prior Sale |
| 05/21/2014 05/21/14 | Pending | -- | -- | -- | |
| 08/30/2013 08/30/13 | For Sale | $995,000 | -- | -- |
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 | $21,411 | $1,253,600 | $756,000 | $497,600 |
| 2024 | $21,411 | $1,253,600 | $756,000 | $497,600 |
| 2023 | $19,782 | $1,253,600 | $756,000 | $497,600 |
| 2022 | $19,398 | $1,229,300 | $756,000 | $473,300 |
| 2021 | $19,128 | $1,229,300 | $756,000 | $473,300 |
| 2020 | $19,030 | $1,229,300 | $756,000 | $473,300 |
| 2019 | $18,956 | $1,229,300 | $756,000 | $473,300 |
| 2018 | $19,214 | $1,229,300 | $756,000 | $473,300 |
| 2017 | $19,239 | $1,229,300 | $756,000 | $473,300 |
| 2016 | $18,587 | $1,229,300 | $756,000 | $473,300 |
| 2015 | $18,292 | $1,229,300 | $756,000 | $473,300 |
| 2014 | $17,948 | $1,229,300 | $756,000 | $473,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Franchini
-
Jeff Silva
Buyer's Agent in 2021
Jeff Silva
OCF REALTY, LLC
(844) 765-3297
24 in this area
578 Total Sales
-
Paula Hartman
Seller's Agent in 2014
Paula Hartman
BHHS Fox & Roach
(609) 487-7234
251 in this area
738 Total Sales
-
Todd Gordon
Seller Co-Listing Agent in 2014
Todd Gordon
BHHS FOX and ROACH-Margate III
(609) 553-5098
61 in this area
428 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 543844
APN: 16-00714-0000-00001
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