NOT LISTED FOR SALE

212 N Adams Ave Unit 5 Margate City, NJ 08402

Estimated Value: $968,000 - $1,056,000

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

Last Sold September 16, 2019

Last sale price $440,000

Est. 128% increase in value since last sale

Current estimated payment $6,020/month

105 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Primary Bedroom
  • Ground Level Unit

About This Home

As of September 2019

FANTASTIC SUMMER RETREAT IN THE FABULIOUS MARINA DISTRICT NEXT TO MARGATES FINEST RESTAURANTS AND ENTERTAINMENT, ACCROSS THE STREET TO ALL BACKBAY WATER SPORTS AN DAILY FISHING ADVENTURES. A 10 MINUTE UBER TO AC AN ALL CASINOS PLUS THE HYSTORIC ATLANTIC CITY BOARDWALK, FABULIOUS STEEL PEIR WITH THE NEW 200 FOOT ENCLOSESD AIRCONDITIONED FERRISWHEEL, SHOPPING AT OCEAN ONE MALL, OUTLET SHOPPING, BEACH BARS AND NEW STOCKTON COLLEGE. This totally Furnished 3 bedroom 2 bath Condo boasts a gas fireplace in living room, with flat screen TV, Gourmet kitchen with stainlesssteel appliances including a trash compactor,laundry room with washer and dryer, Three large bedroom with a large master Suite with flatscreen TV Georgious Private Bath with seat in shower and his an her sinks, Simply Beautiful. Outside features include large yard with vinyl fencing, outside enclosed shower an two storage units for all you outdoor needs, Enclosed 2 Private parking spots. This unit has everything you need, to just sit on your Balcony Enjoying the beautiful bay view an Georgious sunsets off the water.

Last Agent to Sell the Property

Marie McQueen

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE Listed on: 01/19/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Last Buyer's Agent

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Lot Details

  • 1,437

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Fenced
  • Ground Level Unit

Community Details

Overview

  • Bay Walk Condos

Amenities

  • Building Patio
  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room, Primary Br On 1st Floor
  • Common Area Features: Deck/Porch, Fenced Yard, Outside Shower, Patio, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • Condo Name: Bay Walk
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2019
Closed on
Oct 4, 2019
Sold by
Prins Noel and Prins Tami
Bought by
Rao Christopher M
Seller's Agent
Marie McQueen
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
Buyer's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$489,756
Sold Price
$440,000
Premium/Discount to List
-$49,756
-10.16%
Current Estimated Value
$1,003,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,267
Avg. Annual Appreciation
14.17%
Original Mortgage
$378,250
Outstanding Balance
$330,684
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$672,583
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
Rao Christopher M $445,000 Surety Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Christopher M $378,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $440,000 -10.0% --
05/04/2019 05/04/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $489,000 -0.2% --
01/19/2019 01/19/19 For Sale $489,756 -- --
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 $9,097 $532,600 $133,300 $399,300
2024 $9,097 $532,600 $133,300 $399,300
2023 $8,404 $532,600 $133,300 $399,300
2022 $8,404 $532,600 $133,300 $399,300
2021 $8,287 $532,600 $133,300 $399,300
2020 $8,245 $532,600 $133,300 $399,300
2019 $8,213 $532,600 $133,300 $399,300
2018 $8,325 $532,600 $133,300 $399,300
2017 $8,335 $532,600 $133,300 $399,300
2016 $8,053 $532,600 $133,300 $399,300
2015 $7,925 $532,600 $133,300 $399,300
2014 -- $532,600 $133,300 $399,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 517036

South Jersey Shore Regional MLS

APN: 16-00428-0000-00510-0000-C0005