NOT LISTED FOR SALE

12 S Frontenac Ave Unit 2 Margate City, NJ 08402

Estimated Value: $525,000 - $638,000

2 Beds
2 Baths
-- Sq Ft
0.5 Acres

Last Sold September 15, 2020

Last sale price $250,000

Est. 136% increase in value since last sale

Current estimated payment $3,468/month

452 Days on Market

Highlights

  • Deck
  • Fenced
  • 5-minute walk to Ross School Playground
  • William H. Ross III Intermediate School Rated A-

About This Home

As of September 2020

Charming redone 2 bedroom, 2 bath 2nd floor condo. Wonderful gated outdoor living space one block from beach. Within walking distance to everything, shopping restaurants and more. Off street parking, lovely garden, and pet friendly. Re done Kitchen and baths. Stainlless steel appliances, tankless hot water tank.

Last Agent to Sell the Property

Sheila Chapman

FARLEY and FERRY REALTY, INC License #7836512 Listed on: 04/14/2019

Last Buyer's Agent

Lori Salvo

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Property Details

Home Type

  • Condominium

Lot Details

  • 0.5

Parking

  • 1 Parking Space

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Blinds

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Fenced

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • Age: 25+ Years
  • 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, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch, Fenced Yard

Exterior Features

  • Siding Exterior: Concrete, Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Sep 10, 2020
Sold by
Robinson Floren and Pressman Floren Robinson
Bought by
Schugsta Owen and Schugsta Kathleen
Seller's Agent
Sheila Chapman
FARLEY and FERRY REALTY, INC
Buyer's Agent
Lori Salvo
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Current Estimated Value
$590,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,881
Avg. Annual Appreciation
17.88%
Original Mortgage
$200,000
Outstanding Balance
$177,158
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$413,723

Purchase Details

Closed on
Dec 4, 2009
Sold by
Braymen Peggy
Bought by
Robinson Floren and Pressman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Demarco Joseph
Bought by
Braymen James and Braymen Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Demarco Joseph and Demarco Fioravante
Bought by
Demarco Joseph and Demarco Fioravante
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
Schugsta Owen $250,000 Infinity Title
Robinson Floren $245,000 Foundation Title
Braymen James $270,000 --
Demarco Joseph -- Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schugsta Owen $200,000
Previous Owner Robinson Floren $196,000
Previous Owner Braymen James $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $250,000 -5.7% --
07/09/2020 07/09/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $265,000 -9.9% --
03/13/2020 03/13/20 Price Changed $294,000 -1.7% --
04/14/2019 04/14/19 For Sale $299,000 -- --
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 $4,314 $252,600 $185,500 $67,100
2024 $4,314 $252,600 $185,500 $67,100
2023 $3,986 $252,600 $185,500 $67,100
2022 $3,986 $252,600 $185,500 $67,100
2021 $3,930 $252,600 $185,500 $67,100
2020 $3,910 $252,600 $185,500 $67,100
2019 $3,895 $252,600 $185,500 $67,100
2018 $3,948 $252,600 $185,500 $67,100
2017 $3,953 $252,600 $185,500 $67,100
2016 $3,819 $252,600 $185,500 $67,100
2015 $3,759 $252,600 $185,500 $67,100
2014 $3,688 $252,600 $185,500 $67,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sheila Chapman

    FARLEY and FERRY REALTY, INC

    (609) 287-1921

    5 in this area

    5 Total Sales

    Sheila Chapman
    Section Image
  • Lori Salvo

    Buyer's Agent in 2020

    Lori Salvo

    LONG and FOSTER REAL ESTATE INC-Longport

    (610) 213-2283

    37 in this area

    67 Total Sales

    Lori Salvo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520770

South Jersey Shore Regional MLS

APN: 16-00108-01-00015-0000-C0002

New Jersey Atlantic County Margate City 08402

12 S Frontenac Ave Unit 2, Margate City, NJ

Not Listed for Sale

Condos

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