NOT LISTED FOR SALE

Margate City, NJ 08402

Estimated Value: $1,721,000 - $2,546,000

5 Beds
4 Baths
941 Sq Ft
$2,234/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $750,000 $797 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $11,940/month

22 Days on Market

Highlights

  • New Construction
  • Deck
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • 4-minute walk to Jerome Avenue Park

About This Home

As of October 2012

In the heart of the Parkway section this BRAND new home will be have it all! Just completed, the home features a large covered front porch, fenced backyard & detached garage & 2 car parking. Other highlights include H/W floors, a large living room & separate dining area, chef's kitchen w/granite counter tops & SS appliances, tank less hot water heater & 1st floor BR w/full BA. The 2nd floor has 3 BR including a master BR suite w/private balcony. This house has a 3rd floor w/BR, bonus room & 4th full BA.

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 07/03/2012

NEW ERA REAL ESTATE-B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,218

Lot Details

  • Lot Dimensions are 51x80
  • Fenced
  • Sprinkler System

Home Design

  • New Construction
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Great Room
  • Den
  • Storage
  • Laundry Room
  • Crawl Space
  • Storage In Attic
  • Storm Screens

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,218

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: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

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 Dimensions: 51x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2012
Closed on
Oct 11, 2012
Sold by
Seligsophn Mark P
Bought by
Crasner Joshua M and Crasner Nelene M
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$2,102,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,352,458
Avg. Annual Appreciation
8.22%
Original Mortgage
$562,500
Outstanding Balance
$387,858
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,714,600

Purchase Details

Closed on
Oct 10, 2011
Sold by
Marzano Brendan A and Marzano Cara M
Bought by
Seligsohn Mark P

Purchase Details

Closed on
Oct 26, 2009
Sold by
Marzano Anton G
Bought by
Marzano Brendan A and Marzano Cara M
Source: Public Records

Range of Values:

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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
Crasner Joshua M $750,000 North American Title Agency
Seligsohn Mark P $265,000 First American Title Ins Co
Marzano Brendan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crasner Joshua M $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $750,000 0.0% $797 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $750,000 -- $797 / Sq Ft
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 $11,218 $656,800 $362,400 $294,400
2024 $11,218 $656,800 $362,400 $294,400
2023 $10,364 $656,800 $362,400 $294,400
2022 $10,364 $656,800 $362,400 $294,400
2021 $10,220 $656,800 $362,400 $294,400
2020 $10,167 $656,800 $362,400 $294,400
2019 $10,128 $656,800 $362,400 $294,400
2018 $10,266 $656,800 $362,400 $294,400
2017 $10,279 $656,800 $362,400 $294,400
2016 $9,931 $656,800 $362,400 $294,400
2015 $9,773 $656,800 $362,400 $294,400
2014 $9,589 $656,800 $362,400 $294,400
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2012

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    21 in this area

    43 Total Sales

    Mark Arbeit
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Source: South Jersey Shore Regional MLS

MLS Number: 397292

South Jersey Shore Regional MLS

APN: 16-00514-0000-00010

New Jersey Atlantic County Margate City

08402

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