NOT LISTED FOR SALE

Estimated Value: $193,751 - $239,000

2 Beds
1 Bath
762 Sq Ft
784 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $130,000 $171 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,454/month

Highlights

  • Boat Dock
  • Central Air
  • Dining Area
  • Property Fronts a Bay or Harbor

About This Home

As of April 2021

Looking for a WATERFRONT home to bring your canoe or jet ski?! Here is the perfect 2 bedroom, 1 bath unit for you!! Hardwood flooring throughout, updated kitchen & bath and awesome NEW bayfront deck...plus BOAT SLIP!! Washer and dryer in unit! Located on the waterway and convenient to all the excitement that Atlantic City has to offer. The Bay Colony is a well maintained condo complex where you can enjoy water front activities during the day, and at night a out in the city. Easy walk to the boardwalk & beach. Don't wait!! SHOWINGS ARE ALLOWED ON TUESDAYS ONLY. Yearly tenant pays $1,200/mo. Call today!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 06/05/2020

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Bernie Cohen

Vylla Home - Northfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1973

Lot Details

  • Property Fronts a Bay or Harbor

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Water Views
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, sewer, water
  • Bay Colony Condos

Recreation

  • Boat Dock

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 06/05/2020
  • Year Built: 1973
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Dock/Boat Slip

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Sewer, Water
  • Condo Name: Bay Colony
  • Management: Off-Site Professionals

Lot Info

  • Location: Bay Front, Docks, Water View

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Apr 28, 2021
Sold by
Ha Thinh N
Bought by
Hobson Tanya Hobson
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Bernie Cohen
Vylla Home - Northfield
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Current Estimated Value
$221,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,188
Avg. Annual Appreciation
12.75%
Original Mortgage
$97,500
Outstanding Balance
$88,082
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,106

Purchase Details

Listed on
Aug 3, 2015
Closed on
Nov 9, 2015
Sold by
Svirzovsky Candida and Danish Kimberly
Bought by
Ha Thnih N
Seller's Agent
MICHAEL WALSH
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Feb 14, 2002
Sold by
Svirzovsky Candida
Bought by
Svirzovsky Candida and Danish Kimberly

Purchase Details

Closed on
Jul 13, 2001
Sold by
Schaffer Irene
Bought by
Svirzovsky Candida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.76%
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
Hobson Tanya Hobson $130,000 City Abstract
Ha Thnih N $90,000 Old Republic Natl Title Ins
Svirzovsky Candida -- --
Svirzovsky Candida $70,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Tanya Hobson $97,500
Previous Owner Svirzovsky Candida $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $130,000 -3.7% $171 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $135,000 -9.4% $177 / Sq Ft
06/05/2020 06/05/20 For Sale $149,000 +65.6% $196 / Sq Ft
11/09/2015 11/09/15 Sold $90,000 0.0% $118 / Sq Ft View Prior Sale
10/16/2015 10/16/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $90,000 -- $118 / Sq Ft
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 $3,376 $97,800 $35,000 $62,800
2024 $3,376 $97,800 $35,000 $62,800
2023 $3,694 $97,800 $35,000 $62,800
2022 $3,694 $97,800 $35,000 $62,800
2021 $3,199 $82,000 $35,000 $47,000
2020 $3,226 $82,000 $35,000 $47,000
2019 $2,789 $70,000 $35,000 $35,000
2018 $2,473 $70,000 $35,000 $35,000
2017 $2,395 $70,000 $35,000 $35,000
2016 $3,590 $93,000 $46,500 $46,500
2015 $3,651 $106,700 $42,680 $64,020
2014 $8,872 $265,000 $225,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537636

South Jersey Shore Regional MLS

APN: 02-00243-0000-01809