NOT LISTED FOR SALE

10 S Adams Ave Unit 100 Margate City, NJ 08402

Estimated Value: $851,000 - $980,000

3 Beds
2 Baths
1,320 Sq Ft
$709/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $510,000 $386 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,508/month

161 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • No HOA
  • Living Room

About This Home

As of November 2020

Lowest Price Ever! Own this single detached house but share taxes and expenses with two other units. Lock in your mortgage interest rate now before rates increase. Renovated 2 story house, only one block to the beach, with one off street parking spot. The only unit with off street parking. A 3 bedroom 2 full bath with custom upgrades, including eat in kitchen with granite counter tops and stainless appliances. Includes large private deck, yard to BBQ and outside shower. Master bedroom with skylights, vaulted ceilings and two additional bedrooms on second floor. Low taxes like a condo but no monthly fees. 10 foot elevation; no damage or water in house from Hurricane Sandy! Close to all the action, to the restaurants, Gilchirst, the stores and more.

Last Agent to Sell the Property

Angela Desch

(609) 457-0410 adesch5@msn.com Coldwell Banker Argus Real Estate License #226655 Listed on: 04/27/2020

Coldwell Banker Argus Real Estate

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,805

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 30x80
  • Property is in good condition
  • Property is zoned MF

Home Design

  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Driveway Space

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Grill
  • Playground

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include insurance

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 16-00128-00216-C0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,805

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Refrigerator, Oven/Range - Gas, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Net Sq Ft: 1320.00
  • Price Per Sq Ft: 378.03
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Bbq Grill, Outside Shower, Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Insurance
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Dimensions: 30X80
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: MF

Rental Info

  • Total Actual Rent: 28000.00
  • Vacation Rental: Yes

Tax Info

  • Tax Annual Amount: 5805.00
  • Assessor Parcel Number: 16-00128-00216-C0100
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Nov 20, 2020
Sold by
Hammer Daniel J
Bought by
Fetzer Earl and Fetzer Marianne E
Seller's Agent
Angela Desch
Coldwell Banker Argus Real Estate
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$945,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,629
Avg. Annual Appreciation
12.70%
Original Mortgage
$404,000
Outstanding Balance
$359,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$576,703

Purchase Details

Closed on
Dec 21, 2007
Sold by
Ciarrocchi Mark and Ciarrocchi Andrea
Bought by
Hammer Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2007
Sold by
Piraino Anthony
Bought by
Ciarrocchi Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Cavallo Romeo
Bought by
Piraino Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fetzer Earl $510,000 Surety Title
Hammer Daniel J $525,000 Surety Title Corporation
Ciarrocchi Andrea -- None Available
Cavallo G Romeo -- Surety Title Corporation
Piraino Anthony $230,000 --
Piraino Anthony $230,000 --
Andrea Ciarrocchi $457,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fetzer Earl $404,000
Previous Owner Hammer Daniel J $417,000
Previous Owner Andrea Ciarrocchi $457,000
Previous Owner Piraino Anthony $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $510,000 0.0% $386 / Sq Ft
11/19/2020 11/19/20 Sold $510,000 +2.2% -- View Prior Sale
10/05/2020 10/05/20 Pending -- -- --
10/05/2020 10/05/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $499,000 0.0% $378 / Sq Ft
03/30/2020 03/30/20 For Sale $499,000 -- --
Source: Bright 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 $6,405 $375,000 $195,000 $180,000
2024 $6,405 $375,000 $195,000 $180,000
2023 $5,918 $375,000 $195,000 $180,000
2022 $5,918 $375,000 $195,000 $180,000
2021 $5,835 $375,000 $195,000 $180,000
2020 $5,805 $375,000 $195,000 $180,000
2019 $5,783 $375,000 $195,000 $180,000
2018 $5,861 $375,000 $195,000 $180,000
2017 $5,869 $375,000 $195,000 $180,000
2016 $5,670 $375,000 $195,000 $180,000
2015 $5,580 $375,000 $195,000 $180,000
2014 $5,475 $375,000 $195,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC113334

Bright MLS

APN: 16-00128-0000-00216-0000-C0100