NOT LISTED FOR SALE

8607 Atlantic Ave Margate City, NJ 08402

Estimated Value: $2,432,958 - $8,143,000

-- Bed
-- Bath
-- Sq Ft
7,013 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $2,999,999

Est. 67% increase in value since last sale

Current estimated payment $27,442/month

8 Days on Market

About This Home

As of December 2022

Southside Parkway Oversized Lot with OCEAN VIEWS!! The value is in the LAND!! *no access to house* Take a drive by or call for additional details!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 07/07/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,275

Lot Details

  • Lot Dimensions are 80x87

Interior Spaces

  • 2-Story Property
  • Water Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,275

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Estate: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Exterior Features

  • Outside Features: Curbs, Sidewalks

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Water View
  • Lot Dimensions: 80x87
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Revolution Builders Incorporated
Bought by
Mandeville Maison Revocable Trust
Current Estimated Value
$5,015,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,941,181
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$74,309

Purchase Details

Listed on
Jul 7, 2022
Closed on
Dec 16, 2022
Sold by
Christensen Oligia
Bought by
Revolution Builders Incorporated
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$2,999,000
Sold Price
$2,999,999
Premium/Discount to List
$999
0.03%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$3,844,995
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1985
Bought by
Christensen Olga
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mandeville Maison Revocable Trust $7,400,000 National Title Agency
Revolution Builders Incorporated $2,999,999 --
Christensen Olga -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandeville Maison Revocable Trust $5,000,000
Previous Owner Revolution Builders Incorporated $3,844,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $2,999,999 0.0% --
07/15/2022 07/15/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $2,999,000 -- --
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 $14,275 $4,068,000 $760,800 $3,307,200
2024 $14,275 $835,800 $760,800 $75,000
2023 $16,569 $1,050,000 $760,800 $289,200
2022 $16,569 $1,050,000 $760,800 $289,200
2021 $16,338 $1,050,000 $760,800 $289,200
2020 $16,254 $1,050,000 $760,800 $289,200
2019 $16,191 $1,050,000 $760,800 $289,200
2018 $16,412 $1,050,000 $760,800 $289,200
2017 $16,433 $1,050,000 $760,800 $289,200
2016 $15,876 $1,050,000 $760,800 $289,200
2015 $15,624 $1,050,000 $760,800 $289,200
2014 $15,330 $1,050,000 $760,800 $289,200
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2022

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    251 in this area

    738 Total Sales

    Paula Hartman
    Section Image
  • Brian Hiltner

    Buyer's Agent in 2022

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    91 in this area

    139 Total Sales

    Brian Hiltner
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564891

South Jersey Shore Regional MLS

APN: 16-00115-0000-00014

New Jersey Atlantic County Margate City 08402

8607 Atlantic Ave, Margate City, NJ

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