NOT LISTED FOR SALE

8805 Amherst Ave Margate City, NJ 08402

Estimated Value: $1,617,278 - $2,216,000

4 Beds
2.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold October 30, 2018

Last sale price $674,000

Est. 175% increase in value since last sale

Current estimated payment $10,704/month

16 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Den

About This Home

As of October 2018

Built by Cedar Wood Builders, and located in the heart of the Parkway section close to beach and bay, this 4 bedroom 2.5 bath home exemplifies exquisite craftsmanship. On the first floor, a classic open floor plan is blended with custom finishes to create an air of relaxed elegance. The foyer branches off into a stately library outfitted with custom built-ins, a gas log fireplace and plantation shutters. A pillared archway accents the open living room, dining area and eat-in kitchen. The gourmet kitchen boasts stainless steel GE and Subzero appliances, a built-in window seat, a large pantry, a breakfast bar and custom cabinetry. A laundry/utility room and a powder room complete the first floor. Upstairs, the master bedroom suite features cathedral ceilings, a walk-in closet, a private balcony and a spa bath with built-in vanity and whirlpool tub. There is also a hall bath, two more bedrooms and a home office that could easily become an additional sleeping space. Exterior highlights include a rear deck and patio, a storage shed, an outside shower and a driveway large enough to accommodate 3 or more cars. With beauty and craftsmanship that will never go out of style, this home is the perfect setting for a lifetime of memories.

Last Agent to Sell the Property

Mark Arbeit

LPT Realty Listed on: 08/10/2018

LPT Realty

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,017

Lot Details

  • Lot Dimensions are 50' x 80'
  • Sprinkler System

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Dining Room
  • Den
  • Library
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Community Details

  • Parkway Section Subdivision

Listing and Financial Details

  • Tax Lot 518

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,017

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, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Cathedral Ceiling, Kitchen Center Island, Security System, Storage, Skylight(s), Walk In Closet, Whirlpool
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Library/Study, Pantry, Storage Attic

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Number: 518
  • Lot Dimensions: 50' x 80'
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 11913
  • Taxes: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 30, 2018
Sold by
Brooks Susan and Grallnick Richard L
Bought by
Soltis Glenna S and Soltis Joan A
Seller's Agent
Mark Arbeit
LPT Realty
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$695,000
Sold Price
$674,000
Premium/Discount to List
-$21,000
-3.02%
Current Estimated Value
$1,850,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,176,860
Avg. Annual Appreciation
14.81%
Original Mortgage
$539,200
Outstanding Balance
$466,077
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,340,493

Purchase Details

Closed on
Feb 18, 2009
Sold by
Brooks Susan
Bought by
Brooks Susan and Grallnick Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Macciocca Frank
Bought by
Brooks Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 2002
Sold by
Yoel Jacob and Yoel Helen
Bought by
Macciocca Frank

Purchase Details

Closed on
Aug 17, 1999
Sold by
Yoel Jacob and Yoel Helen
Bought by
Yoel Jacob and Yoel Helen

Purchase Details

Closed on
Dec 9, 1998
Sold by
Zito Michael C
Bought by
Yoel Jacob and Yoel Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.44%
Mortgage Type
Balloon
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
Soltis Glenna S $674,000 None Available
Brooks Susan -- Landtech Title Llc
Brooks Susan $594,015 --
Brooks Susan $594,015 Congress Title
Macciocca Frank $157,500 --
Yoel Jacob -- --
Yoel Jacob $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soltis Glenna S $539,200
Previous Owner Brooks Susan $417,000
Previous Owner Brooks Susan $25,000
Previous Owner Brooks Susan $458,400
Previous Owner Yoel Jacob $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $674,000 -3.0% --
08/26/2018 08/26/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $695,000 -- --
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 $11,614 $680,000 $273,200 $406,800
2024 $11,614 $680,000 $273,200 $406,800
2023 $10,730 $680,000 $273,200 $406,800
2022 $10,730 $680,000 $273,200 $406,800
2021 $10,581 $680,000 $273,200 $406,800
2020 $10,526 $680,000 $273,200 $406,800
2019 $11,738 $761,200 $273,200 $488,000
2018 $11,898 $761,200 $273,200 $488,000
2017 $11,913 $761,200 $273,200 $488,000
2016 $11,509 $761,200 $273,200 $488,000
2015 $11,327 $761,200 $273,200 $488,000
2014 $11,114 $761,200 $273,200 $488,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 509533

South Jersey Shore Regional MLS

APN: 16-00518-0000-00009-02