NOT LISTED FOR SALE

Estimated Value: $142,494 - $194,000

-- Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold November 30, 2022

Last sale price $185,000

Est. 9% decrease in value since last sale

Current estimated payment $1,094/month

7 Days on Market

Highlights

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

About This Home

As of November 2022

DIRECT OCEANFRONT UNIT!! BRIGHT AND MODERN with expansive ocean views, completely updated with sitting & dining areas & adorable kitchen! Located in the full service Atlantic Palace building which includes amenities such as security, pool, parking, dining & more! Call TODAY!!!! AN AMAZING INVESTMENT PROPERTY!The condo fee is $618.07 plus $36.16 phone/cable

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 11/14/2022

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

Last Buyer's Agent

Navjyot 'JoJo' Sandhu

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #1863933

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,013

Lot Details

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

Parking

  • Attached Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • Dining Area

Kitchen

  • Stove
  • Microwave

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

$2,013

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Lvt Date: 11/14/2022
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • 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

Garage/Parking

  • Garage: Attached Garage

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Nov 30, 2022
Sold by
Andreeva Veselina Todorova
Bought by
Vortex Management Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Navjyot 'JoJo' Sandhu
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Views
5
Current Estimated Value
$169,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,771
Avg. Annual Appreciation
-3.25%

Purchase Details

Listed on
Jan 29, 2019
Closed on
Apr 24, 2019
Sold by
Robinson Kathleen
Bought by
Todorova Andreeva Veselina
Seller's Agent
LORRAINE DEVINE
BHHS FOX and ROACH-Margate
Buyer's Agent
Stephen Hak
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.89%

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jul 12, 2018
Sold by
Foglia Ralph and Foglia Jozeni S
Bought by
Robinson Kathleen
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$99,000
Sold Price
$88,000
Premium/Discount to List
-$11,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.91%

Purchase Details

Listed on
Jan 30, 2014
Closed on
Feb 28, 2014
Sold by
Subscription Services Inc
Bought by
Foglia Ralph and Foglia Jozeni S
Seller's Agent
Linda Magarick
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$68,000
Sold Price
$68,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
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
Vortex Management Llc $185,000 Title Company Of Jersey
Todorova Andreeva Veselina $75,000 Title Co Of Jersey Northfiel
Robinson Kathleen $88,000 Shore Title Agency Inc
Foglia Ralph $68,000 Old Republic Natl Title Ins
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $185,000 -11.9% --
11/21/2022 11/21/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $210,000 +180.0% --
04/01/2019 04/01/19 Sold $75,000 -11.8% --
03/14/2019 03/14/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $85,000 -19.0% --
01/29/2019 01/29/19 For Sale $105,000 +19.3% --
07/12/2018 07/12/18 Sold $88,000 -11.1% --
06/15/2018 06/15/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $99,000 +45.6% --
02/28/2014 02/28/14 Sold $68,000 0.0% --
02/12/2014 02/12/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $68,000 -- --
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 $2,013 $58,300 $35,000 $23,300
2023 $2,202 $58,300 $35,000 $23,300
2022 $2,202 $58,300 $35,000 $23,300
2021 $2,274 $58,300 $35,000 $23,300
2020 $2,294 $58,300 $35,000 $23,300
2019 $2,709 $68,000 $34,000 $34,000
2018 $2,402 $68,000 $34,000 $34,000
2017 $2,326 $68,000 $34,000 $34,000
2016 $2,625 $68,000 $34,000 $34,000
2015 $2,327 $68,000 $34,000 $34,000
2014 $3,556 $106,200 $53,100 $53,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568933

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C2407