NOT LISTED FOR SALE

8707 Atlantic Ave Margate City, NJ 08402

Estimated Value: $897,000 - $2,749,000

4 Beds
3.5 Baths
-- Sq Ft
4,138 Sq Ft Lot

Last Sold October 15, 2012

Last sale price $990,000

Est. 110% increase in value since last sale

Current estimated payment $12,344/month

Highlights

  • Deck
  • Wood Flooring
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • Sun or Florida Room
  • Enclosed Patio or Porch

About This Home

As of July 2020

July 1st-labor Day! Sensational oceanviews from 1st and 2nd floors. Fabulous 4 BR/ 3.5 bath brick home located on one of the nicest streets in Margate. Just renovated eat-in kitchen, sun-porch, garage, brand new master bath, great layout and lots more. Terrific Deck off master bedroom, hardwood floors throughout. Immaculate condition! Wonderful summer rental! No pets!

Last Agent to Rent the Property

Ronnie Alper

BHHS FOX and ROACH-Margate Listed on: 05/03/2020

BHHS FOX and ROACH-Margate

Last Renter's Agent

COLLEEN CULMONE

DILORENZO REALTY GROUP, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,389

Year Built

  • 1941

Lot Details

  • Sprinkler System

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,389

Year Built

1941

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Lease Duration Options: August
  • Lease Duration: Full Summer
  • Full Summer Price: 59000

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: 2 Story
  • Lvt Date: 05/03/2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Kitchen Center Island, Storage, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Florida Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch Enclosed, Sprinkler System
  • Siding Exterior: Brick

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Oct 15, 2012
Sold by
Berkowitz Peggy Jean and Edwin Pinia Sielger
Bought by
Maccicca Frank
Seller's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
Buyer's Agent
Lawrence Stone
Soleil Sotheby's International Realty - A
List Price
$990,000
Sold Price
$990,000
Current Estimated Value
$2,076,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,086,213
Avg. Annual Appreciation
7.03%
Original Mortgage
$500,000
Outstanding Balance
$347,303
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,034,173
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
Maccicca Frank $990,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maccicca Frank $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Rented -- -- --
05/03/2020 05/03/20 For Rent $59,000 0.0% --
06/15/2019 06/15/19 Rented -- -- --
12/30/2018 12/30/18 For Rent $59,000 -94.0% --
02/09/2013 02/09/13 Rented -- -- --
01/10/2013 01/10/13 Under Contract -- -- --
11/13/2012 11/13/12 For Rent -- -- --
10/15/2012 10/15/12 Sold $990,000 0.0% --
05/25/2012 05/25/12 Rented -- -- --
04/25/2012 04/25/12 Under Contract -- -- --
04/17/2012 04/17/12 Pending -- -- --
02/17/2012 02/17/12 For Rent -- -- --
01/16/2012 01/16/12 For Sale $990,000 -- --
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
2025 $15,389 $901,000 $594,400 $306,600
2024 $15,389 $901,000 $594,400 $306,600
2023 $14,218 $901,000 $594,400 $306,600
2022 $14,218 $901,000 $594,400 $306,600
2021 $14,020 $901,000 $594,400 $306,600
2020 $13,947 $901,000 $594,400 $306,600
2019 $13,893 $901,000 $594,400 $306,600
2018 $14,083 $901,000 $594,400 $306,600
2017 $13,977 $893,100 $594,400 $298,700
2016 $13,504 $893,100 $594,400 $298,700
2015 $13,289 $893,100 $594,400 $298,700
2014 $13,039 $893,100 $594,400 $298,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 536529

South Jersey Shore Regional MLS

APN: 16-00117-0000-00008