NOT LISTED FOR SALE

11 S Adams Ave Unit 1 Margate City, NJ 08402

Estimated Value: $864,000 - $1,029,000

3 Beds
2.5 Baths
-- Sq Ft
0.29 Acres

Last Sold December 02, 2014

Last sale price $400,000

Est. 138% increase in value since last sale

Current estimated payment $5,617/month

13 Days on Market

Highlights

  • Ground Level Unit
  • Cathedral Ceiling
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Primary Bedroom
  • Entrance Foyer

About This Home

As of December 2014

SOUTHSIDE, PET FRIENDLY TOWNHOME JUST ONE BLOCK TO THE BEACH. This lovely unit features a recently renovated kitchen, 3 bedrooms, 2.5 baths, 2 decks, a carport with a large storage closet and a spacious, open and airy layout. Best of all, Adams Terrace allows pets. The building is newly sided and there are no pending assessments. BEST LOCATION! WALK EVERYWHERE!

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 10/02/2014

BHHS FOX and ROACH-Margate

Co-Listed By

SUSAN SZATMARY

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Judi Cohen

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 0.29

Home Design

  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • End Unit
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, maintenance
  • Adams Terrace Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, First Floor, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Stucco, Vinyl

Utilities

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

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Foyer, Master Bath, Pets Allowed, Skylight, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 5, 2014
Sold by
Bennett Karyn and Altomonte Holly
Bought by
Bergman Robert and Bergman Rose
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Judi Cohen
BHHS FOX and ROACH-Margate
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$953,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,889
Avg. Annual Appreciation
8.18%
Original Mortgage
$300,000
Outstanding Balance
$229,980
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$723,909

Purchase Details

Closed on
Jun 1, 2012
Sold by
Raiton Richard F and Raiton Cynthia S
Bought by
Laskin Barbara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Schatz Nathan and Lorraine Schatz R
Bought by
Weinrich Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
5.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 1998
Sold by
Marinari Peter and Marinari Gail
Bought by
Altomonte Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1996
Sold by
Malone Michael and Malone Paula J
Bought by
Eisen Abraham and Eisen Sheryl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.05%

Purchase Details

Closed on
Jun 30, 1993
Sold by
Altomonte Joseph and Altomonte Martina
Bought by
Marinari Peter and Marinari Gail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Bergman Robert $400,000 None Available
Laskin Barbara K $385,000 Title Resources Guaranty Co
Weinrich Jeffrey A $255,000 --
Altomonte Joseph F $250,000 --
Eisen Abraham $115,000 The Title Company
Marinari Peter $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergman Robert $300,000
Previous Owner Laskin Barbara K $125,000
Previous Owner Weinrich Jeffrey A $38,250
Previous Owner Weinrich Jeffrey A $204,000
Previous Owner Altomonte Joseph F $187,500
Previous Owner Eisen Abraham $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $400,000 0.0% --
10/15/2014 10/15/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $400,000 -- --
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 $7,184 $420,600 $230,100 $190,500
2024 $7,184 $420,600 $230,100 $190,500
2023 $6,637 $420,600 $230,100 $190,500
2022 $6,637 $420,600 $230,100 $190,500
2021 $6,545 $420,600 $230,100 $190,500
2020 $6,511 $420,600 $230,100 $190,500
2019 $6,486 $420,600 $230,100 $190,500
2018 $6,574 $420,600 $230,100 $190,500
2017 $6,582 $420,600 $230,100 $190,500
2016 $6,359 $420,600 $230,100 $190,500
2015 $6,259 $420,600 $230,100 $190,500
2014 $6,141 $420,600 $230,100 $190,500
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2014

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    104 in this area

    218 Total Sales

    Rene Kane
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    SUSAN SZATMARY

    BHHS Fox & Roach

    (609) 576-0956

    14 in this area

    19 Total Sales

    SUSAN SZATMARY
    Section Image
  • Judi Cohen

    Buyer's Agent in 2014

    Judi Cohen

    BHHS Fox & Roach

    (609) 513-2303

    26 in this area

    75 Total Sales

    Judi Cohen
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 436934

South Jersey Shore Regional MLS

APN: 16-00127-0000-00211-0000-C001

New Jersey Atlantic County Margate City 08402

11 S Adams Ave Unit 1, Margate City, NJ

Not Listed for Sale

Townhouses

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