NOT LISTED FOR SALE

25 S Adams Ave Unit 5 Margate City, NJ 08402

Estimated Value: $423,000 - $555,000

1 Bed
1 Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold November 03, 2020

Last sale price $235,000

Est. 112% increase in value since last sale

Current estimated payment $3,000/month

23 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Bathroom on Main Level
  • William H. Ross III Intermediate School Rated A-
  • Ground Level Unit
  • Dining Area

About This Home

As of November 2020

BIG, BIG, BIG, ADAMS HOUSE 1 BEDROOM UNIT. Enjoy the open layout living room, dining and kitchen. PRIVATE DECK off living room. Large bedroom. GARAGE plus additional courtyard parking. New Washer and dryer in unit. Oh so close to the beach, restaurants and shopping. Low condo fee.

Last Agent to Sell the Property

VIRGINIA CAPRIOTTI

BHHS FOX and ROACH-Margate License #SB-8632863 Listed on: 07/30/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Navjyot 'JoJo' Sandhu

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Property Details

Home Type

  • Condominium

Lot Details

  • 2,614

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Adams House Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 1
  • Bedroom 1: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Adams House
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Nov 2, 2020
Sold by
Schwerin Ellen R
Bought by
Silver David W and Silver Denise L
Seller's Agent
VIRGINIA CAPRIOTTI
BHHS FOX and ROACH-Margate
Buyer's Agent
Navjyot 'JoJo' Sandhu
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$236,900
Sold Price
$235,000
Premium/Discount to List
-$1,900
-0.8%
Current Estimated Value
$498,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,622
Avg. Annual Appreciation
15.83%
Original Mortgage
$211,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2015
Sold by
Schwerin Hugh P and Schwerin Ellen R
Bought by
Schwerin Ellen R

Purchase Details

Closed on
Feb 2, 2007
Sold by
Bernardi Thomas
Bought by
Schwerin Hugh and Schwerin Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Maina Paul R and Maina Jacqueline
Bought by
Shellem Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
7.39%

Purchase Details

Closed on
Sep 29, 1988
Sold by
Klein Sheldon and Klein Betsy
Bought by
Maina Paul R
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
Silver David W $235,000 None Available
Schwerin Ellen R -- None Available
Schwerin Hugh $365,000 --
Shellem Catherine D $99,500 The Title Company
Maina Paul R $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silver David W $211,500
Previous Owner Schwerin Hugh $292,000
Previous Owner Shellem Catherine D $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $235,000 -0.8% --
08/22/2020 08/22/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $236,900 -- --
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 $4,528 $265,100 $95,200 $169,900
2024 $4,528 $265,100 $95,200 $169,900
2023 $4,183 $265,100 $95,200 $169,900
2022 $4,183 $265,100 $95,200 $169,900
2021 $4,125 $265,100 $95,200 $169,900
2020 $4,104 $265,100 $95,200 $169,900
2019 $4,088 $265,100 $95,200 $169,900
2018 $4,144 $265,100 $95,200 $169,900
2017 $4,149 $265,100 $95,200 $169,900
2016 $4,008 $265,100 $95,200 $169,900
2015 $3,945 $265,100 $95,200 $169,900
2014 $3,870 $265,100 $95,200 $169,900
Source: Public Records

Agents Affiliated with this Home

  • VIRGINIA CAPRIOTTI

    Seller's Agent in 2020

    VIRGINIA CAPRIOTTI

    BHHS Fox & Roach

    (609) 992-1115

    1 in this area

    1 Total Sale

    VIRGINIA CAPRIOTTI
    Section Image
  • Navjyot 'JoJo' Sandhu

    Buyer's Agent in 2020

    Navjyot 'JoJo' Sandhu

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (717) 265-6106

    5 in this area

    47 Total Sales

    Navjyot 'JoJo' Sandhu
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539941

South Jersey Shore Regional MLS

APN: 16-00127-0000-00092-0000-C05

New Jersey Atlantic County Margate City 08402

25 S Adams Ave Unit 5, Margate City, NJ

Not Listed for Sale

Condos

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