NOT LISTED FOR SALE

8802 Amherst Ave Margate City, NJ 08402

Estimated Value: $1,441,073 - $2,106,000

5 Beds
3 Baths
-- Sq Ft
3,659 Sq Ft Lot

Last Sold May 10, 2018

Last sale price $595,000

Est. 173% increase in value since last sale

Current estimated payment $9,311/month

113 Days on Market

Highlights

  • Property is near a marina
  • Deck
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2018

Located in the heart of Margate's prestigious Parkway section, this immaculate 5 bedroom, 3 bath home was totally renovated by prominent local builder Mike Cristaldi and shows like brand new construction! Cinder block construction was used to ensure peaceful tranquility inside. The open floor plan features Brazilian cherry hardwood floors and a three-sided gas fireplace which accents the living room and dining room. The beautiful gourmet kitchen boasts granite counter tops, stainless steel appliances, custom cabinets and decorative pendant lighting. A first floor master bedroom suite is massive, including a large sitting area, a master private bath, three huge closets in addition to a walk-in closet. The first floor also includes a second large bedroom, a full bathroom and a laundry closet. Upstairs, you will find two more bedrooms that share a walk-in closet, a hall bath and a 3rd bedroom with access to a large second floor deck. Storage is never be an issue in this home with such an abundance of closets. The brick patio is complete with an outdoor kitchenette with wet bar, making it perfect for entertaining in the fully fenced yard. Other exterior highlights include a front porch, an outside shower and a detached garage. This is the perfect year round or shore getaway!

Last Agent to Sell the Property

Mark Arbeit

LPT Realty Listed on: 11/10/2017

LPT Realty

Last Buyer's Agent

Judith Wolfson

NEW ERA REAL ESTATE-B License #8638544

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 46' x 80'
  • Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Library
  • Screened Porch
  • Storage
  • Crawl Space
  • Attic Fan

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Deck
  • Patio

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

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

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • 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: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Library/Study, Pantry, Primary Br On 1st Floor

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Corner, Marina
  • Lot Dimensions: 46' x 80'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Apr 17, 2018
Sold by
Orlick Abe and Orlick Esther
Bought by
Orazio Gregory J D and Orazio Joyce D
Seller's Agent
Mark Arbeit
LPT Realty
Buyer's Agent
Judith Wolfson
NEW ERA REAL ESTATE-B
List Price
$625,000
Sold Price
$595,000
Premium/Discount to List
-$30,000
-4.8%
Current Estimated Value
$1,627,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,297
Avg. Annual Appreciation
14.60%
Original Mortgage
$340,000
Outstanding Balance
$292,122
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,385,896

Purchase Details

Closed on
Feb 12, 1981
Bought by
Orlick Abe and Orlick Esther
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orazio Gregory J D $595,000 City Abstract Llc
Orlick Abe $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orazio Gregory J D $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2018 05/10/18 Sold $595,000 -4.8% --
03/03/2018 03/03/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $625,000 -- --
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 $9,008 $527,400 $271,900 $255,500
2024 $9,008 $527,400 $271,900 $255,500
2023 $8,322 $527,400 $271,900 $255,500
2022 $8,322 $527,400 $271,900 $255,500
2021 $8,206 $527,400 $271,900 $255,500
2020 $8,164 $527,400 $271,900 $255,500
2019 $8,133 $527,400 $271,900 $255,500
2018 $8,243 $527,400 $271,900 $255,500
2017 $8,254 $527,400 $271,900 $255,500
2016 $7,974 $527,400 $271,900 $255,500
2015 $7,848 $527,400 $271,900 $255,500
2014 $7,700 $527,400 $271,900 $255,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 496948

South Jersey Shore Regional MLS

APN: 16-00418-0000-00001