NOT LISTED FOR SALE

9 N Mansfield Ave Margate City, NJ 08402

Estimated Value: $2,018,000 - $3,345,000

3 Beds
2.5 Baths
-- Sq Ft
3,833 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $999,000

Est. 162% increase in value since last sale

Current estimated payment $16,956/month

1 Day on Market

Highlights

  • 3 Car Detached Garage
  • Hot Water Heating System
  • Historic Home
  • William H. Ross III Intermediate School Rated A-

About This Home

As of April 2021

A true Margate Classic home loved by it's owners for many years. Mansfield is sought after location in the Parkway section, with many new construction homes. 9 N is just 2 blocks to the beach and in the heart of Margate. Walking distance to most of Margate's fabulous restaurants and boutiques. The land size is 48 X 80 which will allow room for a pool and a large home. Behind the home is the yard of a home that sits on a double lot, beautifully landscaped. Giving this home a sunny view all day long with the open air. Finding a buildable lot in Margate today is a rarity. Hurry, this one won't last long.

Last Listed By

Rene Kane

BHHS FOX and ROACH-Margate License #0234462 Listed on: 02/24/2021

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,410

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 48 x 80
  • Historic Home

Parking

  • 3 Car Detached Garage

Home Design

  • Concrete Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Stone or Rock in Basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,410

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Historical
  • Age: 25+ Years
  • Lvt Date: 02/24/2021
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Full, Masonry Floor/Wall, Outside Entrance

Exterior Features

  • Siding Exterior: Concrete, Masonry/Block

Garage/Parking

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

Utilities

  • Air Conditioner: Wall Units
  • Heating: Gas-Natural, Hot Water, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 48 X 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 2, 2021
Sold by
Bell Renee and Farkas Laurie Bell
Bought by
9 N Mansfield Llc
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
List Price
$1,000,000
Sold Price
$999,000
Premium/Discount to List
-$1,000
-0.1%
Total Days on Market
1
Current Estimated Value
$2,621,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,622,370
Avg. Annual Appreciation
23.63%
Original Mortgage
$799,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1976
Bought by
Bell Renee

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
9 N Mansfield Llc $999,000 Surety Title Company
Bell Renee $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 9 N Mansfield Llc $1,680,000
Closed 9 N Mansfield Llc $799,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $999,000 -0.1% --
02/25/2021 02/25/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,000,000 -- --
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
2024 $27,410 $1,604,800 $380,500 $1,224,300
2023 $25,324 $1,604,800 $380,500 $1,224,300
2022 $6,004 $380,500 $380,500 $0
2021 $8,372 $554,100 $380,500 $173,600
2020 $8,327 $554,100 $380,500 $173,600
2019 $8,294 $554,100 $380,500 $173,600
2018 $8,411 $554,100 $380,500 $173,600
2017 $8,422 $554,100 $380,500 $173,600
2016 $8,128 $554,100 $380,500 $173,600
2015 $7,995 $554,100 $380,500 $173,600
2014 $7,840 $554,100 $380,500 $173,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547581

South Jersey Shore Regional MLS

APN: 16-00213-01-00007