NOT LISTED FOR SALE

8706 Ventnor Ave Margate City, NJ 08402

Estimated Value: $2,993,647 - $3,790,000

6 Beds
5.5 Baths
-- Sq Ft
7,231 Sq Ft Lot

Last Sold October 31, 2014

Last sale price $1,800,000

Est. 92% increase in value since last sale

Current estimated payment $19,878/month

4 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Recreation Room
  • William H. Ross III Intermediate School Rated A-
  • Multiple Fireplaces
  • Marble Flooring

About This Home

As of October 2014

MAJESTIC MANSION ON THE PARKWAY!! SOUTHSIDE & 2 BLOCKS TO THE BEST BEACHES IN TOWN! Room for the entire family (or more than 1) with new chef's "DOUBLE" KITCHEN, 6 beds, 5.5 baths, spacious rooms, 3 washer/dryers and a full, finished basement! 2-car garage with 6+ car parking. RECENTLY RENOVATED with NEW 3-zone heating and air, electric, roof, almost all new Anderson windows, NEW BATHS, 2 sump pumps & a water-proofed basement. HIGH & DRY WITH NO DAMAGE! Incredible charm, history & character throughout!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 08/26/2014

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Scott Stetzer

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,996

Lot Details

  • Lot Dimensions are 80.25x90
  • Corner Lot

Interior Spaces

  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Insulated Windows
  • Great Room
  • Dining Room
  • Den
  • Recreation Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, More Than 1
  • Flooring: Hardwood, Marble, Tile, W/W Carpet
  • Interior Amenities: Bar, Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Inside Entrance, Outside Entrance, Plumbing
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Great Room, In-Law Quarters, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Porch, Sidewalks
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Historical District
  • Lot Dimensions: 80.25x90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 31, 2014
Sold by
Swift James P
Bought by
Orozco Fabio and Orozco Jeanne
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Scott Stetzer
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$3,456,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,656,549
Avg. Annual Appreciation
6.11%
Original Mortgage
$135,000
Outstanding Balance
$104,059
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$3,352,490
Source: Public Records

Range of Values:

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Average Value
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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
Orozco Fabio $1,800,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Fabio $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $1,800,000 0.0% --
08/30/2014 08/30/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $1,800,000 -- --
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 $20,996 $1,229,300 $698,900 $530,400
2024 $20,996 $1,229,300 $698,900 $530,400
2023 $19,398 $1,229,300 $698,900 $530,400
2022 $19,398 $1,229,300 $698,900 $530,400
2021 $19,128 $1,229,300 $698,900 $530,400
2020 $19,030 $1,229,300 $698,900 $530,400
2019 $18,956 $1,229,300 $698,900 $530,400
2018 $19,214 $1,229,300 $698,900 $530,400
2017 $19,239 $1,229,300 $698,900 $530,400
2016 $18,431 $1,219,000 $698,900 $520,100
2015 $18,139 $1,219,000 $698,900 $520,100
2014 $17,797 $1,219,000 $698,900 $520,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 434695

South Jersey Shore Regional MLS

APN: 16-00117-0000-00001