NOT LISTED FOR SALE

22 S Adams Ave Margate City, NJ 08402

Estimated Value: $908,816 - $1,000,000

3 Beds
2.5 Baths
-- Sq Ft
1,307 Sq Ft Lot

Highlights

  • Water Views
  • Deck
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of June 2021

LUXURIOUS SOUTHSIDE RENTAL AVAILABLE JUNE THROUGH JULY 31ST!! Stunning 3 bedroom, 2.5 bath top floor condo features a spacious open layout with high-end kitchen offering center island with seating, granite counters, stainless steel appliances, and wine cooler!! Relax on the front deck with OCEAN VIEWS! Down the hall you will find a powder room, full bath, laundry closet, 2 spacious bedrooms, and a FABULOUS MASTER SUITE with great closet space, access to rear deck, and a gorgeous modern private bath! Beautifully maintained building with a large elevator and covered parking for TWO CARS! AMAZING LOCATION just 1 block to the beach and steps to The Breakfast Club, Gilchrist, Johnny's, Saltwater, and more!! Owner will consider Memorial Day!

Last Agent to Rent the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 09/14/2020

BHHS FOX and ROACH-Margate

Co-Listed By

Dana Hartman

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Last Renter's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Property Details

Home Type

  • Apartment

Year Built

  • 2010

Lot Details

  • 1,307

Parking

  • 2 Parking Spaces

Interior Spaces

  • Elevator
  • Furnished
  • Dining Area
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

2010

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Lease Duration Options: Split Season 1st Half, June, July
  • Lease Duration: Split Season 1st Half
  • June Price: 8000
  • July Price: 15000
  • Split Season 1st Half Price: 23000

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 2010

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Kitchen Center Island
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen

Exterior Features

  • Outside Features: Curbs, Deck, Porch, Sidewalks

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Water View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Sep 8, 2020
Sold by
Krekstein Richard and Vaisberg Alan
Bought by
West Jason M and West Jessica R
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
Current Estimated Value
$974,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$438,465
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$535,989

Purchase Details

Closed on
Mar 1, 2017
Sold by
South Adams D Llc
Bought by
Krekstein Richard H and Vaisberg Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2015
Sold by
South Adams Llc
Bought by
South Adams D Llc

Purchase Details

Closed on
Apr 7, 2006
Sold by
Derosa Robert
Bought by
Niman Dimitry and Giverts Angelica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
West Jason M $550,000 Surety Title
Krekstein Richard H -- Executive Abstract
South Adams D Llc -- Surety Title
Niman Dimitry $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Jason M $495,000
Previous Owner Krekstein Richard H $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Rented -- -- --
11/12/2020 11/12/20 Rented -- -- --
11/12/2020 11/12/20 For Rent -- -- --
09/14/2020 09/14/20 For Rent $23,000 -11.5% --
05/17/2019 05/17/19 Rented -- -- --
03/08/2019 03/08/19 For Rent $26,000 -- --
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 $6,712 $393,000 $169,000 $224,000
2024 $6,712 $393,000 $169,000 $224,000
2023 $6,202 $393,000 $169,000 $224,000
2022 $6,202 $393,000 $169,000 $224,000
2021 $6,115 $393,000 $169,000 $224,000
2020 $6,084 $393,000 $169,000 $224,000
2019 $6,060 $393,000 $169,000 $224,000
2018 $6,143 $393,000 $169,000 $224,000
2017 $6,150 $393,000 $169,000 $224,000
2016 $5,942 $393,000 $169,000 $224,000
2015 $5,848 $393,000 $169,000 $224,000
2014 $5,738 $393,000 $169,000 $224,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 542057

South Jersey Shore Regional MLS

APN: 16-00128-0000-00204-0000-C000A