$147,500
SOLD JUN 15, 2016

1 Mechanic St Unit 305 Absecon, NJ 08201

2 Beds
2 Baths
-- Sq Ft
2.74 Acres

Recently Sold

24 Days on Market

Highlights

  • Newly Remodeled
  • Ground Level Unit
  • Building Patio
  • Clubhouse
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Absecon Gardens offers upscale luxury condominiums. Multiple units are available and all one and two bedroom units are finished with 9' or 10' ceilings, granite countertops, stainless steel appliances, stacked washer/dryer and laminate wood flooring. The square footage ranges from approximately 921 square feet with a price range of $137,500-$166,500 and a choice of three different floor plans. Estimated monthly condo fees are $240 month and include exterior and common area maintenance, snow removal and use of on premise state of the art gym and group yoga/exercise studio plus designated storage. Ask about special financing to qualified buyers as well as buyer incentive to first 10 buyers. **Photos shown are of model units to show various layouts and finishes.

Last Agent to Sell the Property

Maria Marinelli

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 04/25/2016

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

JUDITH O'ROURKE

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St License #1644772

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 2014 | Newly Remodeled

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property
  • Blinds
  • Carpet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, management
  • Absecon Gardens Condos

Amenities

  • Building Patio
  • Clubhouse
  • Elevator

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,882

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Lvt Date: 05/21/2016
  • New Construction: Yes
  • Year Built: 2014
  • Age: 2 To 5 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Clubhouse/Clubroom, Elevator, Patio

Exterior Features

  • Siding Exterior: Stone, Vinyl

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Management
  • Condo Name: Absecon Gardens
  • Management: Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 23, 2021
Sold by
Stone Julia L
Bought by
Cataldi Lucia
Seller's Agent
Tam (Tammi) D'Angelo
BHHS FOX and ROACH-Margate
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$179,900
Sold Price
$173,500
Premium/Discount to List
-$6,400
-3.56%
Current Estimated Value
$239,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,089
Avg. Annual Appreciation
8.42%
Original Mortgage
$125,100
Outstanding Balance
$115,972
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$121,253

Purchase Details

Listed on
Jul 17, 2021
Closed on
Oct 22, 2021
Sold by
Stone Julia L
Bought by
Cataldi Lucia
Seller's Agent
Tam (Tammi) D'Angelo
BHHS FOX and ROACH-Margate
Buyer's Agent
Cathy Laltrello
RE/MAX ATLANTIC
List Price
$179,900
Sold Price
$173,500
Premium/Discount to List
-$6,400
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Outstanding Balance
$115,972
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$121,253
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $173,500 Surety Title Company
Deed $173,500 Surety Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,100 New Conventional
Closed $125,100 New Conventional
Previous Owner $118,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $173,500 0.0% --
09/08/2021 09/08/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $173,500 -3.6% --
07/17/2021 07/17/21 For Sale $179,900 +22.0% --
06/15/2016 06/15/16 Sold $147,500 0.0% --
05/19/2016 05/19/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $147,500 -- --
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 $4,882 $145,900 $34,900 $111,000
2024 $4,882 $145,900 $34,900 $111,000
2023 $4,823 $145,900 $34,900 $111,000
2022 $4,823 $145,900 $34,900 $111,000
2021 $4,809 $145,900 $34,900 $111,000
2020 $4,818 $145,900 $34,900 $111,000
2019 $4,783 $145,900 $34,900 $111,000
2018 $4,803 $145,900 $34,900 $111,000
2017 $4,768 $145,900 $34,900 $111,000
2016 $1,108 $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 468476

South Jersey Shore Regional MLS

APN: 01-00161-0000-00001-0000-C1305