NOT LISTED FOR SALE

212 N Adams Ave Unit 4 Margate City, NJ 08402

Estimated Value: $924,237 - $1,208,000

3 Beds
2 Baths
-- Sq Ft
3,093 Sq Ft Lot

Last Sold September 19, 2023

Last sale price $785,000

Est. 34% increase in value since last sale

Current estimated payment $6,232/month

4 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is near a marina
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • End Unit
  • Walk-In Closet

About This Home

As of September 2023

Looking for your slice of paradise? Look no further, this beautiful 3 Bedroom 2 Bath condo will give you anything you could possibly need. Equipped with an elevator taking your right to your front door, Walk in and experience the light, bright, and airy open layout. Hardwood floors span throughout the entire home. Have a family movie night in the cozy living room in front of the gas log burning fireplace, or spend the evening drinking cocktails on the large deck with excellent bay/sunset views! Did we mention this condo building is Pet Friendly? Surrounding areas include some of the best night life you could ask for, putting you in walking distance to Steve & Cookies, Tomato's, Sofia's, and much more. Not to mention the beach is a short few blocks away! Private storage, Private Enclosed Outdoor shower, & 2 Off Street Parking Spaces, there is not much more you could ask for!

Last Agent to Sell the Property

Michael Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate Listed on: 08/03/2023

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Co-Listed By

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Fredra Mcgoldrick

BHHS FOX and ROACH-Margate License #SB-7932324

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

Parking

  • 2 Parking Spaces

Home Design

  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, management
  • Bay Walk Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 2006
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Management
  • Condo Name: Bay Walk
  • Management: Association

Lot Info

  • Location: Bay Front, Marina, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Elevator, Kitchen Center Island, Master Bath, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 15, 2023
Sold by
Korotkin Boris and Korotkin Nancy
Bought by
Roy Harold and Roy Amy
Seller's Agent
Michael Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Fredra Mcgoldrick
BHHS FOX and ROACH-Margate
List Price
$790,000
Sold Price
$785,000
Premium/Discount to List
-$5,000
-0.63%
Views
477
Current Estimated Value
$1,052,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,559
Avg. Annual Appreciation
10.16%
Original Mortgage
$285,000
Outstanding Balance
$279,255
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$694,773

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 27, 2023
Sold by
Damico Vincent
Bought by
Korotkin Boris and Korotkin Nancy
Seller's Agent
ELIZABETH NICHOLAS
BALSLEY/LOSCO
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$725,000
Sold Price
$790,000
Premium/Discount to List
$65,000
8.97%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%
Original Mortgage
$474,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2021
Sold by
Buonanno David and Buonanno Marie
Bought by
Damico Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2007
Sold by
Vacca Joseph and Kashkashian Arsen
Bought by
Buonanno David and Buonanno Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.19%
Mortgage Type
Unknown
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
Roy Harold $785,000 Commonwealth Land Title
Korotkin Boris $790,000 Surety Title
Damico Vincent $686,000 Shore Title
Buonanno David $637,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Harold $285,000
Previous Owner Korotkin Boris $474,000
Previous Owner Damico Vincent $548,250
Previous Owner Buonanno David $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $785,000 -0.6% --
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $790,000 0.0% --
04/28/2023 04/28/23 Sold $790,000 +9.0% -- View Prior Sale
02/14/2023 02/14/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $725,000 -- --
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 $8,540 $500,000 $130,600 $369,400
2024 $8,540 $500,000 $130,600 $369,400
2023 $7,890 $500,000 $130,600 $369,400
2022 $7,890 $500,000 $130,600 $369,400
2021 $7,780 $500,000 $130,600 $369,400
2020 $7,740 $500,000 $130,600 $369,400
2019 $7,710 $500,000 $130,600 $369,400
2018 $7,815 $500,000 $130,600 $369,400
2017 $7,825 $500,000 $130,600 $369,400
2016 $7,560 $500,000 $130,600 $369,400
2015 $7,440 $500,000 $130,600 $369,400
2014 $7,300 $500,000 $130,600 $369,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 515-2403

    3 in this area

    76 Total Sales

    Michael Marotta
    Section Image
  • ELIZABETH NICHOLAS

    Seller's Agent in 2023

    ELIZABETH NICHOLAS

    BALSLEY/LOSCO

    (609) 464-0727

    2 in this area

    61 Total Sales

    ELIZABETH NICHOLAS
    Section Image
  • Anthony Marotta

    Seller Co-Listing Agent in 2023

    Anthony Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 412-6668

    11 in this area

    152 Total Sales

    Anthony Marotta
    Section Image
  • Fredra Mcgoldrick

    Buyer's Agent in 2023

    Fredra Mcgoldrick

    BHHS Fox & Roach

    (609) 576-8086

    18 in this area

    23 Total Sales

    Fredra Mcgoldrick
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 576497

South Jersey Shore Regional MLS

APN: 16-00428-0000-00510-0000-C0004

New Jersey Atlantic County Margate City 08402

212 N Adams Ave Unit 4, Margate City, NJ

Not Listed for Sale

Condos

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