NOT LISTED FOR SALE

Estimated Value: $584,000 - $957,000

2 Beds
2 Baths
1,198 Sq Ft
1,220 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $405,000 $338 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,847/month

37 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Community Pool
  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Den

About This Home

As of December 2018

New listing in the fabulous Berkley Condominium on the boardwalk in the Chelsea section of Atlantic City. Close to all the action but in the quiet, beautiful neighborhood near Ventnor. Striking views from this penthouse 2 bedroom, 2 bath condo - truly picturesque. 2 Master bedrooms on either side of the open living area with a large balcony. The Penthouse elevated ceilings allow for a more spacious feel. The owner has updated everything in this wonderful condo. The Berkley beach is delightful and large, the lobby and hallways are magnificent, a huge gym, card rooms, and gorgeous public spaces, huge outdoor pool. Full time security, outdoor parking and valet parking included in the condo fees. Live in luxury on the fabulous Boardwalk. Call to see for yourself, you won’t be disappointed. Now is the time to buy!

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate License #0234462 Listed on: 09/08/2018

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Joelle Bridgers

Compass Real Estate-Margate License #1432104

Compass Real Estate-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,744

Year Built

  • 1973

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Partially Furnished
  • Blinds
  • Dining Area
  • Den

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, pool
  • Berkley Condos
  • 11-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Boardwalk
  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,744

Year Built

1973

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Partially Furnished
  • Lvt Date: 09/08/2018
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1973

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch, Elevator, Outside Shower, Pool, Security, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Electric, Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Pool
  • Condo Name: Berkley
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 14, 2018
Sold by
Steinman Walter Z
Bought by
Rochford Christopher
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Joelle Bridgers
Compass Real Estate-Margate
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Total Days on Market
37
Current Estimated Value
$728,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,861
Avg. Annual Appreciation
9.15%
Original Mortgage
$303,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Waterman Dennis
Bought by
Steinman Edward and Steinman Verna R
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 Buyer Sale Price Title Company
Rochford Christopher $405,000 None Available
Steinman Edward $241,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rochford Christopher $303,750
Closed Rochford Christopher $303,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $405,000 -4.7% $338 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $425,000 -- $355 / Sq Ft
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 $11,744 $340,200 $100,000 $240,200
2023 $12,849 $340,200 $100,000 $240,200
2022 $12,849 $340,200 $100,000 $240,200
2021 $13,271 $340,200 $100,000 $240,200
2020 $13,383 $340,200 $100,000 $240,200
2019 $10,956 $275,000 $137,500 $137,500
2018 $9,716 $275,000 $137,500 $137,500
2017 $9,408 $275,000 $137,500 $137,500
2016 $12,159 $315,000 $157,500 $157,500
2015 $10,779 $315,000 $157,500 $157,500
2014 $14,731 $440,000 $220,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 510923

South Jersey Shore Regional MLS

APN: 02-00006-0000-00001-0000-C2305