NOT LISTED FOR SALE

11 S Adams Ave Unit 3 Margate City, NJ 08402

Estimated Value: $594,415 - $744,000

2 Beds
1 Bath
-- Sq Ft
0.29 Acres

Last Sold December 20, 2018

Last sale price $220,000

Est. 198% increase in value since last sale

Current estimated payment $3,861/month

242 Days on Market

Highlights

  • Ground Level Unit
  • William H. Ross III Intermediate School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

First floor, Pet friendly and Spacious two bedroom condo with one bath and washer and dryer. Front and rear porches. Only 1.5 block to beach! Two car parking! Close to the Beach, shops, stores and WAWA !!

Last Agent to Sell the Property

Glenn Petsch

REAL - MARGATE Listed on: 04/16/2018

REAL - MARGATE

Last Buyer's Agent

Toni Jacovini

MARKETPLACE REALTY

Property Details

Home Type

  • Condominium

Lot Details

  • 0.29

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3-Story Property
  • Ground Level Unit
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Adams Terrace Condos

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Condo Name: Adams Terrace

Rental Info

  • Pets: Yes, Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Dec 20, 2018
Sold by
Dortch Michael E and Dortch Susan L
Bought by
Mcgettigan Christina M and Cerrone Linda
Seller's Agent
Glenn Petsch
REAL - MARGATE
Buyer's Agent
Toni Jacovini
MARKETPLACE REALTY
List Price
$288,800
Sold Price
$220,000
Premium/Discount to List
-$68,800
-23.82%
Current Estimated Value
$656,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,104
Avg. Annual Appreciation
16.92%
Original Mortgage
$176,000
Outstanding Balance
$110,245
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$545,859

Purchase Details

Closed on
Jan 14, 2000
Sold by
Stein Stephen and Stein Sheila
Bought by
Dortch Michael E and Dortch Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1989
Sold by
Malone Michael and Malone Dureka,James E
Bought by
Stein Stephen and Stein Sheila
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
Mcgettigan Christina M $220,000 Surety Title Co
Dortch Michael E $150,000 --
Stein Stephen $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgettigan Christina M $176,000
Previous Owner Dortch Michael E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $220,000 -23.8% --
04/16/2018 04/16/18 For Sale $288,800 -- --
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 $4,912 $287,600 $154,700 $132,900
2024 $4,912 $287,600 $154,700 $132,900
2023 $4,538 $287,600 $154,700 $132,900
2022 $4,538 $287,600 $154,700 $132,900
2021 $4,475 $287,600 $154,700 $132,900
2020 $4,452 $287,600 $154,700 $132,900
2019 $4,435 $287,600 $154,700 $132,900
2018 $4,495 $287,600 $154,700 $132,900
2017 $4,501 $287,600 $154,700 $132,900
2016 $4,349 $287,600 $154,700 $132,900
2015 $4,279 $287,600 $154,700 $132,900
2014 $4,199 $287,600 $154,700 $132,900
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Glenn Petsch

    REAL - MARGATE

    (609) 471-9779

    35 Total Sales

    Glenn Petsch
    Section Image
  • Toni Jacovini

    Buyer's Agent in 2018

    Toni Jacovini

    MARKETPLACE REALTY

    (609) 823-8500

    7 in this area

    13 Total Sales

    Toni Jacovini
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 503985

South Jersey Shore Regional MLS

APN: 16-00127-0000-00211-0000-C003

New Jersey Atlantic County Margate City 08402

11 S Adams Ave Unit 3, Margate City, NJ

Not Listed for Sale

Condos

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