NOT LISTED FOR SALE

19 N Adams Ave Unit A Margate City, NJ 08402

Estimated Value: $1,419,968 - $1,623,000

4 Beds
3.5 Baths
-- Sq Ft
4,748 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $835,000

Est. 78% increase in value since last sale

Current estimated payment $9,026/month

5 Days on Market

Highlights

  • Property is near a marina
  • Cathedral Ceiling
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Den

About This Home

As of October 2020

Luxury like new construction located on a premier Street in Margates most desirable Marina district. Implementing side-by-side design, The exterior features A large yet cozy front porch with the rear deck being perfect for dining and partying and overlooks an enormous rear yard which can easily accommodate a pool and patio surround. Interior highlights include open floor plan design with lots of over-sized windows allowing an abundance of light to flow into the impressive space. The chefs kitchen includes a large center island perfect for casual dining, custom cabinetry with upgraded trim package, stylus back splash and task lighting. Just off the kitchen is your den area which flows onto the very large deck and overlooks the yard. Second level includes 3 gracious bedrooms with the master suite featuring soaring ceilings, fully tiled bathroom with his and her sinks in large walk-in shower and private water closet along with a very large private deck. 3rd-floor encompasses a beautiful en suite with full bath which boasts custom fixtures and large shower. The unit offers lots of interior and exterior storage and plantation shutters installed throughout.

Last Agent to Sell the Property

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 08/25/2020

Co-Listed By

STACY SCHERR

BHHS FOX and ROACH-Margate License #1643491

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 08/25/2020

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,576

Year Built

  • Built in 2015

Lot Details

  • 4,748

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Den
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Property is near a marina
  • End Unit

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,576

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 08/27/2020
  • Year Built: 2015
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Lot Info

  • Location: Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 12, 2020
Sold by
Marsico Dominic
Bought by
Gordon Keith S and Gordon Jennifer E
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$849,900
Sold Price
$835,000
Premium/Discount to List
-$14,900
-1.75%
Current Estimated Value
$1,487,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,656
Avg. Annual Appreciation
12.73%
Original Mortgage
$500,000
Outstanding Balance
$447,964
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,039,692

Purchase Details

Closed on
Jun 4, 2015
Sold by
Mainline General Contracting And Restora
Bought by
Marsico Dominic and Marsico Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Mainline General Contracting And Restora
Bought by
County Of Atlantic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Terpolilli Maria G
Bought by
Mainline General Contracting & Restorati

Purchase Details

Closed on
Feb 27, 2009
Sold by
Sadreameli Michael S
Bought by
Terpolilli Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2007
Sold by
Sadreameli Michael S and Sadreameli Debra
Bought by
Sadreameli Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.7%
Mortgage Type
New Conventional
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
Gordon Keith S $835,000 None Listed On Document
Marsico Dominic $680,000 Surety Title
County Of Atlantic -- Surety Title
Mainline General Contracting & Restorati $512,000 None Available
Terpolilli Maria G $550,000 Equity Plus Title Agency Llc
Sadreameli Michael S -- Equity Plus Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Keith S $500,000
Previous Owner Marsico Dominic $400,000
Previous Owner County Of Atlantic $400,000
Previous Owner Terpolilli Maria G $440,000
Previous Owner Sadreameli Michael S $436,000
Previous Owner Sadreameli Michael $320,000
Previous Owner Sadreameli Michael S $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $835,000 -1.8% --
08/30/2020 08/30/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $849,900 -- --
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 $10,576 $619,200 $210,000 $409,200
2023 $9,771 $619,200 $210,000 $409,200
2022 $9,771 $619,200 $210,000 $409,200
2021 $9,635 $619,200 $210,000 $409,200
2020 $9,585 $619,200 $210,000 $409,200
2019 $9,548 $619,200 $210,000 $409,200
2018 $9,678 $619,200 $210,000 $409,200
2017 $9,690 $619,200 $210,000 $409,200
2016 $9,362 $619,200 $210,000 $409,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541240

South Jersey Shore Regional MLS

APN: 16-00227-0000-00317-0000-C000A