NOT LISTED FOR SALE

223 N Washington Ave Unit 2A Margate City, NJ 08402

Estimated Value: $1,167,000 - $1,526,000

4 Beds
3 Baths
-- Sq Ft
1,133 Sq Ft Lot

Last Sold May 06, 2016

Last sale price $547,500

Est. 139% increase in value since last sale

Current estimated payment $7,651/month

39 Days on Market

Highlights

  • Water Views
  • Property is near a marina
  • Cathedral Ceiling
  • William H. Ross III Intermediate School Rated A-
  • Ground Level Unit
  • Wood Flooring

About This Home

As of May 2016

Modern Luxury at Bay Club! Elegant yet casual with direct bay views. Endless features for easy living including 2-car attached garage, 3 outdoor decks, maintenance-free siding & an elevator from the garage to the top level! Spectacular, grand entrance with lots of windows and light. Open 2-story layout with kitchen, living and dining. High-end kitchen with Subzero, wine cooler & custom cabinets. Upgraded lighting, custom baths and a relaxing master-suite with stunning bath and balcony. Fantastic location!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 01/29/2016

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Susan and Louis Solomon

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2007

Lot Details

  • 1,133

Home Design

  • Stucco

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Dining Area
  • Den
  • Water Views
  • Storage In Attic
  • Burglar Security System

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Utilities

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

Additional Features

  • Handicap Accessible
  • Property is near a marina
  • Ground Level Unit

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash
  • Bay Club Condos

Amenities

  • Building Patio

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Year Built: 2007
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Lower
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry, Storage Attic
  • Common Area Features: Patio

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Garage: Attached Garage, Auto Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash
  • Condo Name: Bay Club
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Foyer, Handicap Features, 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 29, 2016
Closed on
Apr 29, 2016
Sold by
Owens William E and Owens Kelly R
Bought by
Joffe Ian and Joffe Lelia
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$547,500
Sold Price
$547,500
Current Estimated Value
$1,306,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,881
Avg. Annual Appreciation
9.49%
Original Mortgage
$410,625
Outstanding Balance
$176,977
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$1,129,404

Purchase Details

Closed on
Aug 28, 2009
Sold by
Ian Hartley Llc
Bought by
Owens William E and Owens Kelly R

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
5.21%
Mortgage Type
New Conventional
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
Joffe Ian $547,500 None Available
Owens William E $640,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joffe Ian $410,625
Previous Owner Owens William E $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $547,500 0.0% --
03/08/2016 03/08/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $547,500 -- --
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 $9,351 $547,500 $235,800 $311,700
2024 $9,351 $547,500 $235,800 $311,700
2023 $8,640 $547,500 $235,800 $311,700
2022 $8,640 $547,500 $235,800 $311,700
2021 $8,519 $547,500 $235,800 $311,700
2020 $8,475 $547,500 $235,800 $311,700
2019 $8,442 $547,500 $235,800 $311,700
2018 $8,557 $547,500 $235,800 $311,700
2017 $9,257 $591,500 $235,900 $355,600
2016 $8,943 $591,500 $235,900 $355,600
2015 $8,802 $591,500 $235,900 $355,600
2014 $8,636 $591,500 $235,900 $355,600
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2016

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    239 in this area

    724 Total Sales

    Paula Hartman
    Section Image
  • Susan and Louis Solomon

    Buyer's Agent in 2016

    Susan and Louis Solomon

    BHHS Fox & Roach

    (609) 226-5178

    25 in this area

    47 Total Sales

    Susan and Louis Solomon
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 461769

South Jersey Shore Regional MLS

APN: 16-00426-0000-00013-0000-C002A

New Jersey Atlantic County Margate City 08402

223 N Washington Ave Unit 2A, Margate City, NJ

Not Listed for Sale

Townhouses

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