NOT LISTED FOR SALE

Estimated Value: $178,000 - $222,000

1 Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold March 17, 2022

Last sale price $130,000

Est. 52% increase in value since last sale

Current estimated payment $1,288/month

13 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Security Service
  • Spa
  • Elevator
  • Entrance Foyer

About This Home

As of March 2022

This LARGE 1 bedroom 1 bath unit features laminate flooring in the dining area and living room and a large soak tub/whirlpool. This unit is a great investment or home away from home! Phone and cable fees are an additional $36.16 on top of condo fees. Full-service building with 24. hr security, direct boardwalk access sauna, pool, gym, game room, restaurant, laundry and more! THIS IS A MUST SEE! CALL NOW! *CASH BUYERS ONLY*

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 02/17/2022

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

KEVIN TERHUNE

REALTY MARK ADVANTAGE License #1859778

REALTY MARK ADVANTAGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,589

Lot Details

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

Parking

  • 1 Car Garage

Interior Spaces

  • Entrance Foyer
  • Dining Area
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Spa

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Association fees include amenities, insurance, management, sewer, water
  • Atlantic Palace Condos
  • 11-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,589

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 02/17/2022
  • Age: 25+ Years
  • 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: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Elevator, Laundromat On Site, Pool, Security, Whirlpool/Spa

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Management, Sewer, Water
  • Condo Name: Atlantic Palace
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 14, 2022
Sold by
Srisethnil Family Limited Partnership
Bought by
Jjm Properties Management
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
KEVIN TERHUNE
REALTY MARK ADVANTAGE
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$197,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,202
Avg. Annual Appreciation
12.84%

Purchase Details

Closed on
Mar 20, 1997
Sold by
Srisethnil Pudchong
Bought by
Srisethnil Family Ltd Partnership
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
Jjm Properties Management $130,000 The Title Company
Srisethnil Family Ltd Partnership $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $130,000 -7.1% --
03/02/2022 03/02/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $140,000 -- --
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
2025 $2,589 $75,000 $35,000 $40,000
2024 $2,589 $75,000 $35,000 $40,000
2023 $2,833 $75,000 $35,000 $40,000
2022 $2,833 $75,000 $35,000 $40,000
2021 $2,926 $75,000 $35,000 $40,000
2020 $2,951 $75,000 $35,000 $40,000
2019 $4,111 $103,200 $51,600 $51,600
2018 $3,646 $103,200 $51,600 $51,600
2017 $3,530 $103,200 $51,600 $51,600
2016 $6,639 $172,000 $86,000 $86,000
2015 $5,886 $172,000 $86,000 $86,000
2014 $5,759 $172,000 $86,000 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559762

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C0911