NOT LISTED FOR SALE

115 N Washington Ave Unit 3 Margate City, NJ 08402

Estimated Value: $982,000 - $1,122,000

3 Beds
2 Baths
-- Sq Ft
2,526 Sq Ft Lot

Last Sold February 13, 2013

Last sale price $435,000

Est. 139% increase in value since last sale

Current estimated payment $6,335/month

226 Days on Market

Highlights

  • Unit is on the top floor
  • Spa
  • Recreation Room
  • William H. Ross III Intermediate School Rated A-
  • Multiple Fireplaces
  • Cathedral Ceiling

About This Home

As of February 2013

Fantastic Condo located between the beach and bay.2 gas fireplaces,bamboo Hardwood floors,granite countertops plantation shutters, master bath with Jacuzzi, Large Fiberglass deck,Attic has storage and full office.Condo fees are paid yearly. No morning showings. May be subject to 3rd party approval SHORT SALE READY TO BE APPROVED

Last Agent to Sell the Property

Francine Solomon

BHHS FOX and ROACH-Margate License #0894632 Listed on: 03/16/2012

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Jo Ann Torcasio

BHHS FOX and ROACH-Margate License #SP-9798682

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,028

Lot Details

  • 2,526

Home Design

  • Shingle Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Spa
  • Unit is on the top floor

Community Details

  • Association fees include insurance, maintenance, management
  • Washington Condos

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,028

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room, More Than 1
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Siding Exterior: Dryvit, Shingle, Stucco

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, Management
  • Condo Name: Washington

Multi Family

  • Unit Features: Cathedral Ceiling(s), Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Feb 13, 2013
Sold by
Grimley David K and Grimley Lori
Bought by
Cohen Robert I and Cohen Michelle W
Seller's Agent
Francine Solomon
BHHS FOX and ROACH-Margate
Buyer's Agent
Jo Ann Torcasio
BHHS FOX and ROACH-Margate
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$1,039,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,876
Avg. Annual Appreciation
7.21%
Original Mortgage
$282,700
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2007
Sold by
Vacca Joseph
Bought by
David Grimley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
6.23%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Cohen Robert I $435,000 None Available
David Grimley $662,500 --
Grimley David Kevin $662,500 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Robert I $102,000
Open Cohen Robert I $310,000
Closed Cohen Robert I $190,000
Closed Cohen Robert I $282,700
Previous Owner Grimley David Kevin $132,500
Previous Owner Grimley David Kevin $530,000
Previous Owner Vacca Joseph $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2013 02/13/13 Sold $435,000 0.0% --
10/28/2012 10/28/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $435,000 -- --
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 $8,028 $470,000 $157,200 $312,800
2024 $8,028 $470,000 $157,200 $312,800
2023 $7,417 $470,000 $157,200 $312,800
2022 $7,417 $470,000 $157,200 $312,800
2021 $7,313 $470,000 $157,200 $312,800
2020 $7,276 $470,000 $157,200 $312,800
2019 $7,402 $480,000 $157,200 $322,800
2018 $7,502 $480,000 $157,200 $322,800
2017 $7,512 $480,000 $157,200 $322,800
2016 $7,258 $480,000 $157,200 $322,800
2015 $7,142 $480,000 $157,200 $322,800
2014 $7,008 $510,000 $157,500 $352,500
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Francine Solomon

    BHHS Fox & Roach

    (609) 233-6009

    1 in this area

    1 Total Sale

    Francine Solomon
    Section Image
  • Jo Ann Torcasio

    Buyer's Agent in 2013

    Jo Ann Torcasio

    BHHS Fox & Roach

    (609) 338-8271

    1 in this area

    27 Total Sales

    Jo Ann Torcasio
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 392155

South Jersey Shore Regional MLS

APN: 16-00326-0000-00043-0000-C0003

New Jersey Atlantic County Margate City 08402

115 N Washington Ave Unit 3, Margate City, NJ

This home is located at 115 N Washington Ave Unit 3, Margate City, NJ 08402 since 16 March 2012 and is currently estimated at $1,039,876. 115 N Washington Ave Unit 3 is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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