NOT LISTED FOR SALE

Margate City, NJ 08402

Estimated Value: $1,050,000 - $1,236,000

3 Beds
2.5 Baths
-- Sq Ft
2,744 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $425,000

Est. 166% increase in value since last sale

Current estimated payment $6,814/month

133 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Corner Lot
  • Shades

About This Home

As of October 2020

Beautiful corner property only 2 blocks to the beach.This sun filled traditional home features 3 bedroom and 2.5 baths. Formal dining room off the kitchen, 3 spacious bedrooms which are currently accommodating kings size beds and one queen size bed each, all have multiple closets. The second floor deck is off the en-suite master bedroom. Off the kitchen is an open space currently used as an office and can double as sleeping area when company calls, just add a sofa bed. This home offers different spaces including a massive front porch and sizable back deck. This home also features the all important enclosed outdoor shower, laundry chute and off street parking for one car. Come see for yourself.

Last Agent to Sell the Property

Joe Hayoun

BHHS FOX and ROACH-Margate License #0016881 Listed on: 03/01/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II License #1112664

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,738

Lot Details

  • Lot Dimensions are 42.5 x 65
  • Corner Lot

Parking

  • 1 Parking Space

Home Design

  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Dining Room
  • Den
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,738

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains, Drapes, Shades
  • Lvt Date: 03/01/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood, Tile, W/W Over Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Shingle, Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 42.5 X 65
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2020
Closed on
Oct 12, 2020
Sold by
Kaufman Kenneth M and Kaufman Linda C
Bought by
Kral William F and Kral William A
Seller's Agent
Joe Hayoun
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$449,900
Sold Price
$425,000
Premium/Discount to List
-$24,900
-5.53%
Current Estimated Value
$1,131,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,993
Avg. Annual Appreciation
22.59%
Original Mortgage
$340,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1982
Bought by
Kaufman Kenneth M and Kaufman Linda C
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
Kral William F $425,000 Surety Title
Kaufman Kenneth M $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kral William A $271,500
Closed Kral William F $340,000
Previous Owner Kaufman Linda $150,000
Previous Owner Kaufman Linda $280,000
Previous Owner Kaufman Linda C $200,000
Previous Owner Kaufman Linda C $30,800
Previous Owner Kaufman Linda C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $425,000 -5.5% --
07/12/2020 07/12/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $449,900 -- --
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 $6,738 $394,500 $289,300 $105,200
2023 $6,225 $394,500 $289,300 $105,200
2022 $6,225 $394,500 $289,300 $105,200
2021 $6,138 $394,500 $289,300 $105,200
2020 $6,107 $394,500 $289,300 $105,200
2019 $6,083 $394,500 $289,300 $105,200
2018 $6,166 $394,500 $289,300 $105,200
2017 $6,174 $394,500 $289,300 $105,200
2016 $5,965 $394,500 $289,300 $105,200
2015 $5,870 $394,500 $289,300 $105,200
2014 $5,760 $394,500 $289,300 $105,200
Source: Public Records

Agents Affiliated with this Home

  • Joe Hayoun

    Seller's Agent in 2020

    Joe Hayoun

    BHHS Fox & Roach

    (609) 487-7288

    4 in this area

    18 Total Sales

    Section Image
  • Brian Hiltner

    Buyer's Agent in 2020

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    98 in this area

    149 Total Sales

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Source: South Jersey Shore Regional MLS

MLS Number: 534659

South Jersey Shore Regional MLS

APN: 16-00224-02-00003

New Jersey Atlantic County Margate City

08402

This home since 01 March 2020 and is currently estimated at $1,132,201. This home 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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