NOT LISTED FOR SALE

21 S Adams Ave Unit 3 Margate City, NJ 08402

Estimated Value: $1,085,268 - $1,399,000

3 Beds
2.5 Baths
-- Sq Ft
0.25 Acres

Last Sold March 26, 2021

Last sale price $630,000

Est. 87% increase in value since last sale

Current estimated payment $6,954/month

6 Days on Market

Highlights

  • Deck
  • Den
  • Fireplace
  • William H. Ross III Intermediate School Rated A-
  • Outdoor Community Showers
  • Laundry Room

About This Home

As of March 2021

Combine location with beds/baths and decks and you get a great opportunity for a beach house! This unit is a two story townhouse, just a block to the beach, in the heart of the Marina District of Margate. 3 decks, lots of living space, master on the first floor of the townhouse, 2car parking and a storage shed. Walk to all the hot spots, restaurants, mini golf, ice cream, etc that this section of Margate is so desirable for. The property also has a great rental history, if offsetting some of your costs is of interest. Call and schedule your showing today, in this market, it will not last!

Last Agent to Sell the Property

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate Listed on: 01/22/2021

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Lot Details

  • 0.25

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Den
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1993
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Stove
  • Fireplace: Built-In
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Laundry/Utility Room
  • Common Area Features: Deck/Porch, Outside Shower

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 24, 2021
Sold by
Burroughs Marshall S and Cajulis Michelle C
Bought by
Sakoian Igor and Mardino Julianna
Seller's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
$1,180,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,067
Avg. Annual Appreciation
14.29%
Original Mortgage
$476,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2013
Closed on
Jun 21, 2013
Sold by
Cohen Judith
Bought by
Burroughs Marshall S and Cajulis Michelle C
Seller's Agent
Barbara Lipson
LPT Realty
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$375,000
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Sakoian Igor $635,000 None Available
Burroughs Marshall S $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakoian Igor $476,250
Previous Owner Burroughs Marshall S $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $630,000 -3.1% --
01/28/2021 01/28/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $650,000 +30.0% --
06/21/2013 06/21/13 Sold $500,000 0.0% -- View Prior Sale
05/09/2013 05/09/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $500,000 -- --
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 $8,962 $524,700 $314,700 $210,000
2024 $8,962 $524,700 $314,700 $210,000
2023 $8,280 $524,700 $314,700 $210,000
2022 $8,280 $524,700 $314,700 $210,000
2021 $8,164 $524,700 $314,700 $210,000
2020 $8,122 $524,700 $314,700 $210,000
2019 $8,091 $524,700 $314,700 $210,000
2018 $8,201 $524,700 $314,700 $210,000
2017 $8,212 $524,700 $314,700 $210,000
2016 $7,933 $524,700 $314,700 $210,000
2015 $7,808 $524,700 $314,700 $210,000
2014 $7,661 $524,700 $314,700 $210,000
Source: Public Records

Agents Affiliated with this Home

  • Anthony Marotta

    Seller's Agent in 2021

    Anthony Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 412-6668

    11 in this area

    153 Total Sales

    Anthony Marotta
    Section Image
  • Todd Gordon

    Buyer's Agent in 2021

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    61 in this area

    431 Total Sales

    Todd Gordon
    Section Image
  • Barbara Lipson

    Seller's Agent in 2013

    Barbara Lipson

    LPT Realty

    (609) 665-0317

    8 in this area

    16 Total Sales

    Barbara Lipson
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546424

South Jersey Shore Regional MLS

APN: 16-00127-0000-00203-0000-C0003

New Jersey Atlantic County Margate City 08402

21 S Adams Ave Unit 3, Margate City, NJ

Not Listed for Sale

Condos

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