NOT LISTED FOR SALE

1515 Atlantic Ave Longport, NJ 08403

Estimated Value: $1,353,000 - $2,185,000

5 Beds
2.5 Baths
2,003 Sq Ft
$802/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $750,000 $374 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $8,904/month

16 Days on Market

Highlights

  • Water Views
  • Outdoor Community Showers
  • Zoned Heating and Cooling
  • Deck
  • 1 Car Attached Garage
  • Central Vacuum

About This Home

As of October 2020

This five-bedroom townhouse-style condo has the best of it all with bayfront living just one block from the beach. The townhouse located in Longport’s Costa Videre enclave overlooks a lovely landscaped common yard that offers up a private place to congregate along the bay. Inside, multiple entertaining areas provide ample space to spread out. The double-height living room features a gas fireplace, and leads to a sunny covered balcony that is the perfect place to relax while gazing over the bay. The updated kitchen flows seamlessly into the dining room while also providing extra seating at the desirable breakfast bar. Cream-painted cabinets compliment the kitchen’s stainless steel appliances. The townhouse has five bedrooms in total, and can sleep up to ten. Take in bay views from bed in the master, which also boasts a balcony and an en suite bathroom. Four additional bedrooms, one of which showcases a coveted view of the ocean, share another full bathroom. A garage and powder room round out this impressive 2,400-square-foot home. NO SHOWINGS UNTIL SEPTEMBER 10TH.

Last Agent to Sell the Property

MATTHEW VASSALLO

Compass Real Estate-Margate License #SP-8243493 Listed on: 08/18/2020

Compass Real Estate-Margate

Last Buyer's Agent

Angel DiPentino

LONG and FOSTER REAL ESTATE INC-Longport License #SP-8833200

LONG and FOSTER REAL ESTATE INC-Longport

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,854

Lot Details

  • 1.87

Parking

  • 1 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Blinds
  • Dining Area
  • Carpet
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash
  • Costa Videre Condos

Recreation

  • Outdoor Community Showers

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,854

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 08/18/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: Four
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash
  • Condo Name: Costa Videre
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Oct 13, 2020
Sold by
Longvale Associates Llc
Bought by
Perna Stephen P and Schwalm Joleena A
Seller's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
Buyer's Agent
Angel DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Current Estimated Value
$1,506,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,661
Avg. Annual Appreciation
13.84%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Thompson James
Bought by
Lonvale Associates Llc

Purchase Details

Closed on
Jun 21, 2002
Sold by
Steinberg Joan
Bought by
Thompson James J and Thompson Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Perna Stephen P $750,000 Infinity Title Agency
Lonvale Associates Llc $675,000 --
Lonvale Associates Llc $675,000 --
Lonvale Associates Llc $675,000 --
Thompson James J $445,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perna Stephen P $600,000
Previous Owner Thompson James J $454,950
Previous Owner Thompson James J $356,000
Previous Owner Steinberg Joan $100,000
Previous Owner Steinberg Joan $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $750,000 -5.7% $374 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $795,000 0.0% $397 / Sq Ft
05/27/2020 05/27/20 Rented -- -- --
05/05/2020 05/05/20 For Rent $40,000 -- --
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
2024 $7,854 $700,000 $550,000 $150,000
2023 $7,091 $700,000 $550,000 $150,000
2022 $71 $700,000 $550,000 $150,000
2021 $6,811 $700,000 $550,000 $150,000
2020 $6,902 $700,000 $550,000 $150,000
2019 $6,888 $700,000 $550,000 $150,000
2018 $6,888 $700,000 $550,000 $150,000
2017 $6,748 $700,000 $550,000 $150,000
2016 $6,482 $700,000 $550,000 $150,000
2015 $7,936 $875,000 $714,100 $160,900
2014 $6,255 $696,500 $535,600 $160,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    MATTHEW VASSALLO

    Compass Real Estate-Margate

    (609) 246-7638

    55 Total Sales

    Section Image
  • Angel DiPentino

    Buyer's Agent in 2020

    Angel DiPentino

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 457-0777

    88 Total Sales

    Section Image
  • Suzanne Strauss Lawler

    Buyer's Agent in 2020

    Suzanne Strauss Lawler

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 457-9222

    54 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540836

South Jersey Shore Regional MLS

APN: 15-00011-0000-00001-115

New Jersey Atlantic County Longport 08403

1515 Atlantic Ave, Longport, NJ

This home is located at 1515 Atlantic Ave, Longport, NJ 08403 since 18 August 2020 and is currently estimated at $1,607,364, approximately $802 per square foot. 1515 Atlantic Ave is a home located in Atlantic County with nearby schools including Blessed Sacrament Regional School, St. James Elementary School, and Saint Joseph Regional School.

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