NOT LISTED FOR SALE

206 N Adams Ave Unit 1 Margate City, NJ 08402

Estimated Value: $902,830 - $988,000

3 Beds
2 Baths
-- Sq Ft
1,437 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $380,000

Est. 148% increase in value since last sale

Current estimated payment $5,555/month

73 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Kitchen Island
  • Gas Log Fireplace

About This Home

As of September 2015

Beautiful Condo steps from the Bay, Restaurants, Nightlife, Shopping. Remote powered Gas Fireplace, Breakfast bar, Spacious bedrooms, Double vanity sinks in the master bath, Closet organizers in each room, Private Patio, Private Shower and Outdoor Storage. Also Parking underneath to keep your cars nice and shaded! Not to mention the open view! Condo fee's are paid yearly, not monthly. 2015 Amount is $3,444.40.

Last Agent to Sell the Property

Edward Foresta

MARKETPLACE REALTY Listed on: 05/22/2015

Last Buyer's Agent

MARGARET STEADMAN

BHHS FOX and ROACH-Brigantine

BHHS FOX and ROACH-Brigantine

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • End Unit

Parking

  • Assigned Parking

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance
  • Bay Walk Condos

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 2006
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Trash Compactor, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Condo Name: Bay Walk

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Sep 30, 2015
Sold by
Vacca Joseph and Kashkasian Arsen
Bought by
Gutkind Michael J and Gutkind Sondra D
Seller's Agent
Edward Foresta
MARKETPLACE REALTY
Buyer's Agent
MARGARET STEADMAN
BHHS FOX and ROACH-Brigantine
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$941,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,208
Avg. Annual Appreciation
9.30%
Original Mortgage
$285,000
Outstanding Balance
$218,284
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$722,924

Purchase Details

Closed on
Oct 8, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutkind Michael J $380,000 Attorney
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutkind Michael J $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $380,000 0.0% --
08/03/2015 08/03/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $380,000 -- --
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 $7,430 $435,000 $130,600 $304,400
2024 $7,430 $435,000 $130,600 $304,400
2023 $6,864 $435,000 $130,600 $304,400
2022 $6,864 $435,000 $130,600 $304,400
2021 $6,769 $435,000 $130,600 $304,400
2020 $6,734 $435,000 $130,600 $304,400
2019 $6,708 $435,000 $130,600 $304,400
2018 $6,799 $435,000 $130,600 $304,400
2017 $6,808 $435,000 $130,600 $304,400
2016 $7,949 $525,700 $130,600 $395,100
2015 $7,822 $525,700 $130,600 $395,100
2014 $7,675 $525,700 $130,600 $395,100
Source: Public Records

Agents Affiliated with this Home

  • Edward Foresta

    Seller's Agent in 2015

    Edward Foresta

    MARKETPLACE REALTY

    (267) 307-1839

    3 in this area

    23 Total Sales

    Edward Foresta
    Section Image
  • MARGARET STEADMAN

    Buyer's Agent in 2015

    MARGARET STEADMAN

    BHHS Fox & Roach

    (609) 703-9093

    101 Total Sales

    MARGARET STEADMAN
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 448776

South Jersey Shore Regional MLS

APN: 16-00428-0000-00502-0000-C0001

New Jersey Atlantic County Margate City 08402

206 N Adams Ave Unit 1, Margate City, NJ

Not Listed for Sale

Condos

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