NOT LISTED FOR SALE

9 S Sumner Ave Margate City, NJ 08402

Estimated Value: $1,999,393 - $2,542,000

7 Beds
3 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $1,535,000

Est. 49% increase in value since last sale

Current estimated payment $13,161/month

Highlights

  • 1 Car Detached Garage
  • William H. Ross III Intermediate School Rated A-
  • Baseboard Heating

About This Home

As of October 2021

This home is located at 9 S Sumner Ave, Margate City, NJ 08402 since 20 July 2021 and is currently estimated at $2,286,131. 9 S Sumner Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

Last Agent to Sell the Property

Alfi Naim

OASIS REALTY Listed on: 07/20/2021

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,344

Lot Details

  • 3,746

Parking

  • 1 Car Detached Garage

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 2-Story Property
  • Lot Dimensions are 47x80
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,344

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 07/20/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 7
  • Full Bathrooms: 3

Garage/Parking

  • Garage: One Car, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 47x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 2, 2021
Sold by
9 South Sumner Llc
Bought by
Gottlieb Richard S and Gottlieb Andrea
Seller's Agent
Alfi Naim
OASIS REALTY
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$1,500,000
Sold Price
$1,535,000
Premium/Discount to List
$35,000
2.33%
Current Estimated Value
$2,286,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751,131
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Marjorie G Titunik Living Trust and Litwin Paul J
Bought by
9 S Sumner Llc

Purchase Details

Closed on
Jan 2, 2007
Sold by
Titunik Steven M and Titunik Marjorie G
Bought by
Titunik Marjorie G
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
Gottlieb Richard S $1,535,000 Goldstein Eric S
9 S Sumner Llc $915,000 Trident Land Transfer
Titunik Marjorie G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottlieb Richard S $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,535,000 +2.3% --
09/01/2021 09/01/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,500,000 0.0% --
05/24/2019 05/24/19 Rented -- -- --
12/14/2018 12/14/18 For Rent $38,000 -- --
08/01/2014 08/01/14 Rented -- -- --
07/02/2014 07/02/14 Under Contract -- -- --
01/13/2014 01/13/14 For Rent -- -- --
05/24/2013 05/24/13 Rented -- -- --
04/24/2013 04/24/13 Under Contract -- -- --
03/02/2013 03/02/13 For Rent -- -- --
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 $12,344 $722,700 $553,500 $169,200
2024 $12,344 $722,700 $553,500 $169,200
2023 $11,404 $722,700 $553,500 $169,200
2022 $11,404 $722,700 $553,500 $169,200
2021 $11,245 $722,700 $553,500 $169,200
2020 $11,187 $722,700 $553,500 $169,200
2019 $11,144 $722,700 $553,500 $169,200
2018 $11,296 $722,700 $553,500 $169,200
2017 $11,310 $722,700 $553,500 $169,200
2016 $10,927 $722,700 $553,500 $169,200
2015 $10,754 $722,700 $553,500 $169,200
2014 $10,551 $722,700 $553,500 $169,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alfi Naim

    OASIS REALTY

    (914) 426-7506

    9 in this area

    14 Total Sales

    Alfi Naim
    Section Image
  • Paula Hartman

    Buyer's Agent in 2021

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    252 in this area

    745 Total Sales

    Paula Hartman
    Section Image
  • Mark Arbeit

    Seller's Agent in 2019

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    25 in this area

    48 Total Sales

    Mark Arbeit
    Section Image

  • D

    Buyer's Agent in 2019

    Devon Vander Meulen

    RE/MAX Platinum Properties

    (609) 513-5306

    4 in this area

    13 Total Sales

    Devon Vander Meulen
    Section Image
  • Jason Frost

    Buyer's Agent in 2014

    Jason Frost

    BHHS Fox & Roach

    (609) 335-2845

    4 in this area

    169 Total Sales

    Jason Frost
    Section Image
  • Angela Desch

    Buyer's Agent in 2013

    Angela Desch

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 457-0410

    50 in this area

    162 Total Sales

    Angela Desch
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553291

South Jersey Shore Regional MLS

APN: 16-00119-0000-00006

New Jersey Atlantic County Margate City 08402

9 S Sumner Ave, Margate City, NJ

This home is located at 9 S Sumner Ave, Margate City, NJ 08402 since 20 July 2021 and is currently estimated at $2,286,131. 9 S Sumner Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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