NOT LISTED FOR SALE

Estimated Value: $143,845 - $174,000

-- Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold October 30, 2015

Last sale price $65,000

Est. 157% increase in value since last sale

Current estimated payment $1,096/month

63 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Community Pool
  • Building is beachfront but unit may not have water views
  • End Unit
  • Elevator

About This Home

As of October 2015

Don't miss this deal for a GREAT STUDIO located on a HIGH FLOOR in the FULL SERVICE Atlantic Palace building! Unit features spacious open floor plan, kitchen & dining areas, lots of storage, large bathroom with double vanity, & JAW DROPPING OCEAN, BOARDWALK, & CITY SKYLINE VIEWS. From breathtaking sunsets over the water to watching the casinos light up the skyline, this unit has a front row view of it all! Building features security, pool, parking, dining & more! Call today!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 07/01/2015

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,164

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front
  • End Unit

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • Entrance Foyer
  • Dining Area
  • Water Views

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash
  • Atlantic Palace Condos
  • 11-Story Property

Amenities

  • Courtesy Bus
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,164

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Cable Tv, Clubhouse/Clubroom, Elevator, Laundromat On Site, Outside Shower, Pool, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Atlantic Palace
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Oct 30, 2015
Sold by
Korn Jay
Bought by
Flagship Resort Development Corp
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$167,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,303
Avg. Annual Appreciation
12.11%
Source: Public Records

Range of Values:

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Average Value
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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
Flagship Resort Development Corp $65,000 Chicago Title Co Llc
Korn Jay $65,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flagship Resort Development Corporation $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $65,000 0.0% --
09/02/2015 09/02/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $65,000 -- --
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 $2,164 $62,700 $35,000 $27,700
2023 $2,368 $62,700 $35,000 $27,700
2022 $2,368 $62,700 $35,000 $27,700
2021 $2,446 $62,700 $35,000 $27,700
2020 $2,467 $62,700 $35,000 $27,700
2019 $3,745 $94,000 $47,000 $47,000
2018 $3,321 $94,000 $47,000 $47,000
2017 $4,913 $143,600 $71,800 $71,800
2016 $5,543 $143,600 $71,800 $71,800
2015 $4,914 $143,600 $71,800 $71,800
2014 $4,808 $143,600 $71,800 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 450921

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C1810