NOT LISTED FOR SALE

11 S Adams #4 Ave Unit 4 Margate, NJ 08402

Estimated Value: $651,784 - $749,000

2 Beds
1 Bath
-- Sq Ft
0.29 Acres

Last Sold May 01, 2023

Last sale price $520,000

Est. 33% increase in value since last sale

Current estimated payment $4,059/month

10 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Dining Area
  • William H. Ross III Intermediate School Rated A-

About This Home

As of May 2023

It is time to live the life you deserve. Nestled in Margate's highly desirable Marina District and beautifully positioned on the Southside, just steps to Margate’s best beaches, fun shopping district and finest restaurants. The stylish unit has been fully renovated using only the best materials and implementing quality craftsmanship throughout. Accented with custom millwork, creating a casual and coastal vibe, perfectly shows off the chefs kitchen, featuring upgraded stainless steel appliances, subway tile backsplash and white shaker style cabinetry. The Sun drenched main living area is large enough to accommodate the entire family, offers a large storage closet and incorporates a double slider leading to a large entertaining deck to create wonderful family memories. The stunning hallway bath highlights custom fixtures Quartz countertops with a true walk in shower with ceiling to floor tile and frameless European style roller doors. The guest bedroom also features custom millwork and is large and bright with plenty of closet space which includes Furniture style fit-outs. The elegant primary suite boasts lots of windows, large custom closets and convenient private entrance. A large utility closet, and on site washer dryer round out this beautiful unit.

Last Agent to Sell the Property

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 02/24/2023

BHHS FOX and ROACH-Margate

Co-Listed By

STACY SCHERR

BHHS FOX and ROACH-Margate

Last Buyer's Agent

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 02/24/2023

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 0.29

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, trash
  • Adams Terrace Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1985
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Trash
  • Condo Name: Adams Terrace
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 25, 2023
Sold by
Farish James F and Farish Stacey R
Bought by
Cahill Kimberly and Oshea Kevin
Seller's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
35
Current Estimated Value
$693,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,726
Avg. Annual Appreciation
11.40%
Original Mortgage
$416,000
Outstanding Balance
$403,678
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$287,018

Purchase Details

Closed on
Jul 19, 2021
Sold by
Kaye Frederick W and Kaye Gail
Bought by
Farish James F and Farish Stacey R

Purchase Details

Closed on
Jun 7, 2013
Sold by
Nerenberg Sheldon G
Bought by
Kaye Fredeick W and Kaye Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Sold by
Scherzer Harold and Scherzer Naomi
Bought by
Nerenberg Sheldon G and Nerenberg Arlene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1991
Sold by
Malone M Dureka J
Bought by
Scherzer Harold and Scherzer Naomi
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
Cahill Kimberly $520,000 None Listed On Document
Farish James F $395,000 Surety Title Company Llc
Kaye Fredeick W $265,000 Multiple
Nerenberg Sheldon G $107,500 The Title Company
Scherzer Harold $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahill Kimberly $416,000
Previous Owner Kaye Fredeick W $110,000
Previous Owner Nerenberg Sheldon G $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $520,000 +4.2% --
03/06/2023 03/06/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $499,000 -- --
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 $4,922 $288,200 $154,700 $133,500
2024 $4,922 $288,200 $154,700 $133,500
2023 $4,548 $288,200 $154,700 $133,500
2022 $4,548 $288,200 $154,700 $133,500
2021 $4,484 $288,200 $154,700 $133,500
2020 $4,461 $288,200 $154,700 $133,500
2019 $4,444 $288,200 $154,700 $133,500
2018 $4,505 $288,200 $154,700 $133,500
2017 $4,510 $288,200 $154,700 $133,500
2016 $4,358 $288,200 $154,700 $133,500
2015 $4,288 $288,200 $154,700 $133,500
2014 $4,208 $288,200 $154,700 $133,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 571610

South Jersey Shore Regional MLS

APN: 16-00127-0000-00211-0000-C004