NOT LISTED FOR SALE

8801 Atlantic Ave Margate City, NJ 08402

Estimated Value: $1,853,000 - $4,049,000

6 Beds
5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold January 15, 2014

Last sale price $1,830,000

Est. 77% increase in value since last sale

Current estimated payment $19,430/month

98 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Burglar Security System
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of January 2014

new construction due late Summer 2013! Dramatic unique layout containing entirely open first level layout offering direct and improved ocean views with 13 ft elevation. Superb master suite on 2nd level plus five other bedrooms, 5 full baths, detached garage, outdoor kitchen/barbque, FP, shaft area for elevator, plans in office

Last Agent to Sell the Property

DONALD GLUCK JR

Soleil Sotheby's International Realty-B Listed on: 02/10/2013

Soleil Sotheby's International Realty-B

Last Buyer's Agent

JUNE MARTIN

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,213

Lot Details

  • 4,008

Home Design

  • New Construction
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Burglar Security System
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 5 Full Bathrooms

Additional Features

  • Lot Dimensions are 50x80.05
  • Zoned Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,213

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System
  • Bedrooms: 6
  • Bedroom 1: Size: 12.2x11, On Level: Upper
  • Bedroom 2: Size: 16x21, On Level: Upper
  • Bedroom 3: Size: 12x12, On Level: Upper
  • Bedroom 4: Size: 12x11, On Level: Upper
  • Bedroom 5: Size: 13x17, On Level: Main
  • Full Bathrooms: 5
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: Size: 17x17, On Level: Main
  • Family Room: Size: 17x12.6, On Level: Main
  • Kitchen: Size: 15x13, On Level: Main
  • Living Room: Size: 21x15, On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Stone

Utilities

  • Heating: Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 50x80.05
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
Petcove Robert E and Petcove Jill Ann
Bought by
Burg Harriet and Burg Joshua H
Current Estimated Value
$3,236,922

Purchase Details

Listed on
Feb 10, 2013
Closed on
Jan 15, 2014
Sold by
East Shore Development Co Llc
Bought by
Petcove Robert E and Petcove Jill Ann
Seller's Agent
DONALD GLUCK JR
Soleil Sotheby's International Realty-B
Buyer's Agent
JUNE MARTIN
BHHS FOX and ROACH-Margate
List Price
$1,830,000
Sold Price
$1,830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$1,100,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2012
Sold by
Baylinson Roy
Bought by
East Shore Development Co Llc
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
Burg Harriet $1,850,000 City Line Abstract Co
Petcove Robert E $1,830,000 Surety Title
East Shore Development Co Llc $750,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burg Harriet $1,120,000
Closed Burg Harriet $1,120,000
Previous Owner Petcove Robert E $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $1,830,000 0.0% --
05/19/2013 05/19/13 Pending -- -- --
02/10/2013 02/10/13 For Sale $1,830,000 -- --
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 $26,213 $1,534,700 $587,900 $946,800
2024 $26,213 $1,534,700 $587,900 $946,800
2023 $24,218 $1,534,700 $587,900 $946,800
2022 $24,218 $1,534,700 $587,900 $946,800
2021 $23,880 $1,534,700 $587,900 $946,800
2020 $23,757 $1,534,700 $587,900 $946,800
2019 $23,665 $1,534,700 $587,900 $946,800
2018 $23,987 $1,534,700 $587,900 $946,800
2017 $24,018 $1,534,700 $587,900 $946,800
2016 $23,205 $1,534,700 $587,900 $946,800
2015 $22,836 $1,534,700 $587,900 $946,800
2014 $22,407 $687,900 $587,900 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 406546

South Jersey Shore Regional MLS

APN: 16-00118-0000-00016