NOT LISTED FOR SALE

Estimated Value: $188,873 - $193,000

-- Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold September 20, 2019

Last sale price $90,000

Est. 110% increase in value since last sale

Current estimated payment $1,295/month

30 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Security Service
  • Spa
  • Elevator
  • Central Air

About This Home

As of September 2019

DIRECT OCEANFRONT ATLANTIC PALACE STUDIO!! Enjoy incredible, spectacular beachfront ocean views from a high floor with wood floors, newer furniture, paint and a full wall of windows! Large studio with dining area, adorable kitchen, and sitting area. Tiled bath with tub and completely move-in ready. Wonderful building amenities include pool, gym, 24 hr security, parking, direct boardwalk access, game room, restaurant, laundry and much more! Walk to everything, just right out your door! The building offers a flexible nightly rental program or you can be free to rent on your own as much as you like. There is no better view from any studio on the beach in town.

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 07/15/2019

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

Last Buyer's Agent

David Hirsch

BOARDWALK REALTY License #0897573

BOARDWALK REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,107

Lot Details

  • 0.95

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Full Bathroom
  • Furnished
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Disposal

Utilities

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

Additional Features

  • Spa
  • Ocean Front

Community Details

Overview

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

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,107

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Furnished
  • Lvt Date: 07/17/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Elevator, Pool, Security

Garage/Parking

  • Garage: One Car

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Sep 12, 2019
Sold by
Kosofsky Barry and Allen Kosofsky Irrevocable Tru
Bought by
2805Ap Realty Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$92,000
Sold Price
$90,000
Premium/Discount to List
-$2,000
-2.17%
Current Estimated Value
$189,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,245
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Feb 27, 1987
Bought by
Kosofsky Allen I
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
2805Ap Realty Llc $90,000 Attorney
Kosofsky Allen I $197,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $90,000 +3.4% --
08/14/2019 08/14/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $87,000 -5.4% --
07/15/2019 07/15/19 For Sale $92,000 -- --
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 $3,107 $90,000 $55,000 $35,000
2023 $3,399 $90,000 $55,000 $35,000
2022 $3,399 $90,000 $55,000 $35,000
2021 $3,511 $90,000 $55,000 $35,000
2020 $4,426 $112,500 $55,000 $57,500
2019 $2,462 $61,800 $30,900 $30,900
2018 $2,183 $61,800 $30,900 $30,900
2017 $2,114 $61,800 $30,900 $30,900
2016 $3,860 $100,000 $50,000 $50,000
2015 $3,422 $100,000 $50,000 $50,000
2014 $3,348 $100,000 $50,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 525168

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C2805