NOT LISTED FOR SALE

206 N Adams Ave Unit 3 Margate City, NJ 08402

Estimated Value: $1,092,369 - $1,328,000

3 Beds
2 Baths
-- Sq Ft
6,490 Sq Ft Lot

Last Sold August 19, 2020

Last sale price $650,000

Est. 88% increase in value since last sale

Current estimated payment $7,321/month

3 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Unit is on the top floor
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Cathedral Ceiling
  • Great Room

About This Home

As of August 2020

Location, Location, Location...This beautiful penthouse condo boasts bay views and is perfectly located in the Margate Marina District. Just a stone throw away from all the restaurants and entertainment. Exquisitely finished with cathedral ceilings, double porches capturing the morning and afternoon sun and captivating bay views. Uniquely, this property boasts two fireplaces for the winter, a main living area and master bed built in units keeping you cozy all winter. Worried about stairs, don't! An all access elevator services this condo perfectly. Don't miss your opportunity to own this little slice of shore heaven.

Last Agent to Sell the Property

DUSTIN NORTON

Soleil Sotheby's International Realty - A License #1645774 Listed on: 07/29/2020

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Lori Salvo

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 6,490

Interior Spaces

  • 1-Story Property
  • Elevator
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views
  • Storage In Attic

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Property Fronts a Bay or Harbor
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Partially Furnished, Rugs
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: One
  • Unit Location: Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Storage Attic

Garage/Parking

  • Parking Exterior: Three Or More Cars, Assigned, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash
  • Management: Co-Owner

Lot Info

  • Location: Bay Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Foyer, Hardwood Floors, Master Bath, Pets Allowed, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 19, 2020
Sold by
Chimienti Nicholas and Giordano Janis
Bought by
Repice Real Estate Llc
Seller's Agent
DUSTIN NORTON
Soleil Sotheby's International Realty - A
Buyer's Agent
Lori Salvo
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$634,900
Sold Price
$650,000
Premium/Discount to List
$15,100
2.38%
Current Estimated Value
$1,222,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,704
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Vacca Joseph and Czarnecki Casimir
Bought by
Chimienti Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Repice Real Estate Llc $634,900 Land Title Services
Chimienti Nicholas $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chimienti Nicholas $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $650,000 +2.4% --
08/01/2020 08/01/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $634,900 -- --
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
2025 $10,670 $624,700 $144,200 $480,500
2024 $10,670 $624,700 $144,200 $480,500
2023 $9,858 $624,700 $144,200 $480,500
2022 $9,858 $624,700 $144,200 $480,500
2021 $9,720 $624,700 $144,200 $480,500
2020 $9,670 $624,700 $144,200 $480,500
2019 $9,633 $624,700 $144,200 $480,500
2018 $9,764 $624,700 $144,200 $480,500
2017 $9,777 $624,700 $144,200 $480,500
2016 $9,445 $624,700 $144,200 $480,500
2015 $9,296 $624,700 $144,200 $480,500
2014 $9,121 $624,700 $144,200 $480,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    DUSTIN NORTON

    Solei SIR Margate

    Section Image
  • Lori Salvo

    Buyer's Agent in 2020

    Lori Salvo

    LONG and FOSTER REAL ESTATE INC-Longport

    (610) 213-2283

    37 in this area

    67 Total Sales

    Lori Salvo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539856

South Jersey Shore Regional MLS

APN: 16-00428-0000-00502-0000-C0003

New Jersey Atlantic County Margate City 08402

206 N Adams Ave Unit 3, Margate City, NJ

Not Listed for Sale

Townhouses

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