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Sold for $3,850,000
  • $3,850,000

    103 S Franklin Ave, Margate, NJ 08402

    5beds
    --sqft
    Single Family Residence
    Built in 2017
    3,125 Square Feet Lot
    $4,154,900 Zestimate®
    $--/sqft
    $6,681 Estimated rent

    Home value

    $4,154,900

    $3.66M - $4.70M

    $6,681/mo

    Zestimate® history
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    What's special

    Gas vented fireplaceBarrel ceilingsOff street parking spotsClassic detailsBeach blockColumn detailsOcean views
    *NEW PRICE* Enjoy MARGATE, BEACH BLOCK living with POOL, ELEVATOR ! Located just 3rd home from the beach & custom built in 2017 by Piraino Builders. This home exudes a coastal style and many amenities & upgrades -5 Bedrooms (5th bedroom on plan is currently used as a loft with wet bar) 3 Full baths, Powder room and 2 laundries. Exterior is finished with James Hardie cement siding, mahogany porch ceilings & beautifully crafted barrel ceilings, natural stacked stone accents & blue stone porch, spray foam insulation, glass insert railings, Anderson windows & custom Andersen arched doors, Azek bead board & column details, built in outdoor tiled shower & 8x10 storage shed, 3 off street parking spots with convenient exterior elevator stop and electric car charger. Rear of property includes paver patio, natural gas line, in ground heated gunite pool w/ raised wall, waterfalls, Iphone connectivity and keyless rear access to first level. The first floor shows beautifully with an open concept kitchen/living/dining, custom millwork package consisting of wainscoting, coffered ceiling, gas vented fireplace, decorative mantle and marble surround. Kitchen includes SubZero/Wolf paneled appliance package (36" gas range with burners, 36" French door paneled fridge, paneled dishwasher, paneled double fridge drawers microwave drawer), large island plus peninsula with convenient workstation. First floor den fitted out with built ins to allow for plenty of storage/dry bar & built in drop station for bags, shoes & towels, a farmhouse style powder room & convenient stackable W/D for pool & beach items. The second floor is comprised of two generous sized bedrooms which share a tub bathroom, oversized vanity with dual faucets & natural marble, full sized laundry room fitted out with washer/dryer, cabinets, farm sink & folding area and storage cabinets. The Primary bedroom sits upfront with direct ocean views & independent deck access. Large WIC, custom bench seats in the bay windows and Somfy electronic shades. The primary bathroom is finished with classic details throughout, some of the amenities include dual sinks with storage tower and makeup counter, direct ocean views, separate water closet, marble with floor inlays and upgraded thermostatic shower system with bench and body sprays. Up to the 3rd floor, one generous sized bedroom, full bath, loft (or a 5th bedroom) with direct ocean views & wet bar. Dimmers- speakers- cameras- alarm- closet fit outs- very REASONABLE TAXES for beach block with all of these amenities- custom window treatments. Beautifully upgraded and ready for enjoyment! See virtual tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Emma Piraino,

    NEW ERA REAL ESTATE-B

    Bought with:

    DANA HARTMAN, 9702902

    Source: SJSRMLS,MLS#: 589096MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Laundry, Loft
    Heating
    • Forced Air, Multi-Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Multi-Zoned
    Appliances
    • Included: Burglar Alarm, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Washer
    Features
    • Bar, Carbon Monoxide Detector, Elevator, Kitchen Island, Storage, Walk-In Closet(s)
    • Flooring: Hardwood, Marble, Tile
    • Windows: Blinds, Curtains, Drapes, Screens
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room, Fireplace Equipment

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Exterior features: Deck, Fenced Yard, Outdoor Shower, Patio, Pool-In Ground, Shed, Sprinkler System
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach Block
    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 50 x 62.5
    Details
    • Additional structures: Storage, Shed
    • Parcel number: 2

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Asphalt, Masonry/Block, Stone
    Condition
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Security System, Smoke/Fire Alarm, Burglar Alarm
    Location
    • Region: Margate

    Financial & listing details

    • Tax assessed value: $1,641,300
    • Annual tax amount: $27,081
    • Date on market: 9/14/2024
    • Date available: 09/14/2024
    • Inclusions: Blinds, Curtains, Drapes, Fireplace Equipment, See Remarks

    Price history

    DateEventPrice
    7/7/2025Sold$3,850,000
    Source: Public Record Report a problem
    4/24/2025Sold$3,850,000-3.6%
    Source: SJSRMLS #589096 Report a problem
    4/1/2025Pending sale$3,995,000
    Source: SJSRMLS #589096 Report a problem
    10/1/2024Price change$3,995,000-7.1%
    Source: SJSRMLS #589096 Report a problem
    9/14/2024Listed for sale$4,299,999-4.4%
    Source: SJSRMLS #589096 Report a problem
    8/24/2024Listing removed$4,500,000
    Source: SJSRMLS #584775 Report a problem
    5/2/2024Listed for sale$4,500,000+45.2%
    Source: SJSRMLS #584775 Report a problem
    11/27/2023Listing removed--
    Source: SJSRMLS #555635 Report a problem
    3/31/2022Sold$3,100,000
    Source: Public Record Report a problem
    11/26/2021Sold$3,100,000-4.6%
    Source: SJSRMLS #555635 Report a problem
    10/15/2021Pending sale$3,250,000
    Source: SJSRMLS #555635 Report a problem
    9/21/2021Listed for sale$3,250,000+237.7%
    Source: SJSRMLS #555635 Report a problem
    2/26/2016Sold$962,500
    Source: SJSRMLS #455728 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,033 $1,641,300
    2024$28,033 +3.5%$1,641,300
    2023$27,081 +6%$1,641,300
    2022$25,539 +0.5%$1,641,300
    2021$25,407 +0.4%$1,641,300
    2020$25,309 -1.3%$1,641,300
    2019$25,654 $1,641,300
    2018$25,654 +87.4%$1,641,300 +45.7%
    2017$13,688 -4.6%$1,126,800 +16.8%
    2016$14,353 +1.9%$964,600
    2015$14,083 -0.3%$964,600
    2014$14,122 +6.6%$964,600
    2013$13,244 +2.9%$964,600
    2012$12,868 +4.4%$964,600
    2011$12,328 +2.5%$964,600
    2010$12,029 +3.1%$964,600
    2009$11,672 +2.9%$964,600
    2008$11,340 -2%$964,600 +0.4%
    2007$11,570 $961,000
    2006-- $961,000 +143.1%
    2005-- $395,300
    2004-- $395,300
    2003-- $395,300
    2002-- $395,300
    2001-- $395,300
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

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    Estimated market value
    $4,154,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,154,900