NOT LISTED FOR SALE

20 N Clermont Ave Unit B Margate City, NJ 08402

Estimated Value: $642,784 - $847,000

3 Beds
2 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $385,000

Est. 87% increase in value since last sale

Current estimated payment $4,357/month

20 Days on Market

Highlights

  • Unit is on the top floor
  • Wood Flooring
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • 3 Car Attached Garage
  • Central Air

About This Home

As of September 2020

Start making memories in this beautiful 3BR, 2BA second floor Margate condo nicely updated throughout! Gleaming hardwood floors, eat-in kitchen open to spacious living room, master bedroom with full bath, large front deck and rear deck perfect for entertaining, relaxing and grilling! This location can't be beat! So close to beach and restaurants! Plenty of off-street parking in driveway, attached garage is split and offers plenty of storage for bikes, beach chairs and more! Condo Master flood and liability insurance are split with the 1st floor unit. The total for this unit is $3,135 for the year. Call today to check out this GEM!

Last Agent to Sell the Property

Brigid Bilotta

MARKETPLACE REALTY Listed on: 07/11/2020

Last Buyer's Agent

Brigid Bilotta

MARKETPLACE REALTY Listed on: 07/11/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,599

Lot Details

  • 3,920

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Unit is on the top floor

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include insurance
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,599

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 07/11/2020
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen
  • Common Area Features: Storage Facility

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 30, 2020
Sold by
Reed Matthew S and Reed Gretchen S
Bought by
Spivack Ellen
Seller's Agent
Brigid Bilotta
MARKETPLACE REALTY
Buyer's Agent
Brigid Bilotta
MARKETPLACE REALTY
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$719,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,446
Avg. Annual Appreciation
13.49%
Original Mortgage
$308,000
Outstanding Balance
$274,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$444,878

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 29, 2018
Sold by
Denamrk Robert and Denamrk Sabrina
Bought by
Reed Matthew S and Reed Gretchen S
Seller's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Gigi Rosenberger
MARKETPLACE REALTY
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$324,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Spivack Ellen $385,000 Surety Title
Reed Matthew S $360,000 Surety Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spivack Ellen $150,000
Open Spivack Ellen $308,000
Previous Owner Reed Matthew S $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $385,000 -3.5% --
07/31/2020 07/31/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $399,000 +10.8% --
06/30/2018 06/30/18 Sold $360,000 -4.0% --
06/01/2018 06/01/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $375,000 -- --
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 $5,599 $327,800 $121,700 $206,100
2024 $5,599 $327,800 $121,700 $206,100
2023 $5,173 $327,800 $121,700 $206,100
2022 $5,173 $327,800 $121,700 $206,100
2021 $6,406 $411,700 $170,300 $241,400
2020 $6,373 $411,700 $170,300 $241,400
2019 $6,348 $411,700 $170,300 $241,400
2018 $6,435 $411,700 $170,300 $241,400
2017 $6,443 $411,700 $170,300 $241,400
2016 $6,225 $411,700 $170,300 $241,400
2015 $6,126 $411,700 $170,300 $241,400
2014 $6,011 $411,700 $170,300 $241,400
Source: Public Records

Agents Affiliated with this Home

  • Brigid Bilotta

    Seller's Agent in 2020

    Brigid Bilotta

    MARKETPLACE REALTY

    (609) 412-3806

    24 in this area

    81 Total Sales

    Brigid Bilotta
    Section Image
  • Anthony Marotta

    Seller's Agent in 2018

    Anthony Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 412-6668

    13 in this area

    156 Total Sales

    Anthony Marotta
    Section Image

  • G

    Buyer's Agent in 2018

    Gigi Rosenberger

    MARKETPLACE REALTY

    (609) 823-8500

    4 in this area

    16 Total Sales

    Gigi Rosenberger
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539121

South Jersey Shore Regional MLS

APN: 16-00204-02-00014-02-C000B

New Jersey Atlantic County Margate City 08402

20 N Clermont Ave Unit B, Margate City, NJ

This home is located at 20 N Clermont Ave Unit B, Margate City, NJ 08402 since 11 July 2020 and is currently estimated at $719,446. 20 N Clermont Ave Unit B is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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