NOT LISTED FOR SALE

21 S Adams Ave Unit 5 Margate City, NJ 08402

Estimated Value: $1,088,000 - $1,140,000

3 Beds
2.5 Baths
-- Sq Ft
0.25 Acres

Last Sold December 04, 2020

Last sale price $650,000

Est. 68% increase in value since last sale

Current estimated payment $6,478/month

36 Days on Market

Highlights

  • Unit is on the top floor
  • Living Room with Fireplace
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of December 2020

Stunning, spacious, upgraded and beautifully maintained southside two-story Margate townhouse featuring 3 large bedrooms, 2 1/2 baths AND a bonus room! Lots of room for family and friends. Relax and entertain on one of the 3 decks. Park your car in one of 2 assigned spaces and take a short walk to the beach, restaurants and shopping. Storage shed for bikes and beach chairs. Low condo fees include flood and building insurance, common area maintenance and repair, repair of structural items (supports and siding but not windows, railings or deck flooring), electric for outdoor lighting, landscaping.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 09/05/2020

BHHS FOX and ROACH-Margate

Co-Listed By

SUSAN SZATMARY

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Linda Novelli

Compass Real Estate-Margate

Compass Real Estate-Margate

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 0.25

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • End Unit
  • Unit is on the top floor

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Top Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 18, 2020
Sold by
Rosen Harold and Rosen Bonnie N
Bought by
Galletta Arthur J and Galletta Kathleen A
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Linda Novelli
Compass Real Estate-Margate
List Price
$698,000
Sold Price
$650,000
Premium/Discount to List
-$48,000
-6.88%
Current Estimated Value
$1,089,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,588
Avg. Annual Appreciation
11.12%
Original Mortgage
$200,000
Outstanding Balance
$177,972
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$927,759

Purchase Details

Closed on
Sep 29, 2006
Sold by
Patalano Marialynn
Bought by
Rosen Harold and Rosen Bonnie

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
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Bertino John J and Bertino Amy M
Bought by
Patalano Marialynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2001
Sold by
Seidman Bernie
Bought by
Bertino John J and Bertino Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.08%
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
Galletta Arthur J $650,000 None Listed On Document
Rosen Harold $575,000 --
Patalano Marialynn $440,000 Fidelity National Title
Bertino John J $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galletta Arthur J $200,000
Previous Owner Rosen Harold $400,000
Previous Owner Patalano Marialynn $320,000
Previous Owner Bertino John J $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $650,000 -6.9% --
10/11/2020 10/11/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $698,000 -- --
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

  • Rene Kane

    Seller's Agent in 2020

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    104 in this area

    218 Total Sales

    Rene Kane
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    SUSAN SZATMARY

    BHHS Fox & Roach

    (609) 576-0956

    14 in this area

    19 Total Sales

    SUSAN SZATMARY
    Section Image
  • Linda Novelli

    Buyer's Agent in 2020

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    82 in this area

    167 Total Sales

    Linda Novelli
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541678

South Jersey Shore Regional MLS

APN: 16-00127-0000-00203-0000-C0005

New Jersey Atlantic County Margate City 08402

21 S Adams Ave Unit 5, Margate City, NJ

Not Listed for Sale

Townhouses

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