NOT LISTED FOR SALE

Margate City, NJ 08402

Estimated Value: $1,039,495 - $1,475,000

4 Beds
1.5 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold November 23, 2012

Last sale price $604,000

Est. 111% increase in value since last sale

Current estimated payment $7,518/month

17 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Porch
  • William H. Ross III Intermediate School Rated A-
  • Den
  • Eat-In Kitchen

About This Home

As of November 2012

This gorgeous beach home was built to last w/ sturdy brick construction, expansive front porch w/ new pavers, formal living room, formal dining room, central-air, and ample parking. This extremely desirable beach home is located in one of the prettiest areas in Margate, close to the beach, boardwalk, and a short walk to the best shopping in Margate!

Co-Listed By

MARIA GATTA

Soleil Sotheby's International Realty - A License #1221837

Soleil Sotheby's International Realty - A

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1929

Lot Details

  • Lot Dimensions are 40x62.5
  • Sprinkler System

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Crawl Space
  • Attic Fan

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Fireplace Equipment, Partially Furnished
  • Year Built: 1929
  • 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: Gas Log, Living Room
  • Flooring: Hardwood
  • Interior Amenities: Cedar Closet, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Outside Shower, Porch, Sprinkler System
  • Siding Exterior: Brick
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Dimensions: 40x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Nov 23, 2012
Sold by
Rago Gina and Rago Mark
Bought by
Sacharow Leslie and Sacharow Steven
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$604,000
Sold Price
$604,000
Current Estimated Value
$1,273,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,124
Avg. Annual Appreciation
6.03%
Original Mortgage
$400,000
Outstanding Balance
$282,422
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$990,702

Purchase Details

Closed on
Apr 30, 2001
Sold by
Kaplan Toby
Bought by
Rago Mark and Rago Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.51%

Purchase Details

Closed on
Mar 29, 1999
Sold by
Kaplan Henry and Kaplan Toby
Bought by
Kaplan Toby
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
Sacharow Leslie $604,000 None Available
Rago Mark $282,000 --
Kaplan Toby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sacharow Leslie $400,000
Previous Owner Rago Mark $100,000
Previous Owner Kaplan Toby $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2012 11/23/12 Sold $604,000 0.0% --
09/21/2012 09/21/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $604,000 -- --
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 $6,975 $408,400 $278,100 $130,300
2023 $6,445 $408,400 $278,100 $130,300
2022 $6,445 $408,400 $278,100 $130,300
2021 $6,355 $408,400 $278,100 $130,300
2020 $6,322 $408,400 $278,100 $130,300
2019 $6,298 $408,400 $278,100 $130,300
2018 $6,383 $408,400 $278,100 $130,300
2017 $6,391 $408,400 $278,100 $130,300
2016 $6,175 $408,400 $278,100 $130,300
2015 $6,077 $408,400 $278,100 $130,300
2014 $5,963 $408,400 $278,100 $130,300
Source: Public Records

Agents Affiliated with this Home

  • MARIA GATTA

    Seller Co-Listing Agent in 2012

    MARIA GATTA

    Solei SIR Margate

    (267) 254-0444

    3 Total Sales

    Section Image

  • R

    Buyer's Agent in 2012

    ROSENZWEIG, TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    138 in this area

    174 Total Sales

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Source: South Jersey Shore Regional MLS

MLS Number: 400130

South Jersey Shore Regional MLS

APN: 16-00204-01-00023

New Jersey Atlantic County Margate City

08402

This home since 04 September 2012 and is currently estimated at $1,273,124. This property was built in 1929. 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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