NOT LISTED FOR SALE

25 S Adams Ave Unit 6 Margate City, NJ 08402

Estimated Value: $1,000,000 - $1,467,000

3 Beds
2.5 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $605,000

Est. 91% increase in value since last sale

Current estimated payment $6,682/month

401 Days on Market

Highlights

  • Water Views
  • Deck
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Outdoor Community Showers

About This Home

As of July 2020

Fantastic 3 Bedroom and 2.5 bath end unit townhome on Pacific side of building. Beautifully furnished interior with hardwood flooring, custom window treatments, upgraded galley kitchen with granite counter tops and SS appliances. Decks on every level including spectacular rooftop deck covering entire footprint of TH with ocean and sunset views abound....a private oasis for sun seeking and entertaining. Two car garage with plenty of storage for cars, bikes and beach chairs. Also, guest parking on site.

Last Agent to Sell the Property

Mitchell Zitomer

OCF REALTY, LLC Listed on: 05/15/2019

OCF REALTY, LLC

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Townhouse Details

Home Type

  • Townhome

Lot Details

  • 6,098

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Dining Room
  • Wood Flooring
  • Water Views
  • Burglar Security System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Utilities

  • Central Air
  • Cooling System Powered By Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Deck
  • End Unit

Community Details

Overview

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

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Age: 25+ Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, 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: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen
  • Common Area Features: Deck/Porch, Outside Shower, Security

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Trash
  • Condo Name: Adams House

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Foyer, Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 28, 2020
Sold by
Newman Lori M
Bought by
Baran Eric Alexander and Baran Kathryan Weber
Seller's Agent
Mitchell Zitomer
OCF REALTY, LLC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
Current Estimated Value
$1,152,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,769
Avg. Annual Appreciation
12.78%
Original Mortgage
$453,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2003
Sold by
Ferry Christpher
Bought by
Newman Todd and Newman Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1995
Sold by
Scarfo Catherine
Bought by
Ferry Christopher P

Purchase Details

Closed on
May 3, 1989
Sold by
Sagot Robert and Sagot Wendy
Bought by
Scarfo Catherine
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
Baran Eric Alexander $605,000 None Listed On Document
Newman Todd $360,000 --
Lori Newman -- --
Newman Todd A $360,000 --
Ferry Christopher P -- --
Scarfo Catherine $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baran Eric Alexander $453,750
Previous Owner Newman Todd A $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $605,000 +2.1% --
06/19/2020 06/19/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $592,500 -1.2% --
08/01/2019 08/01/19 For Sale $599,900 -0.8% --
08/01/2019 08/01/19 Off Market $605,000 -- --
07/11/2019 07/11/19 Price Changed $599,900 -3.1% --
07/01/2019 07/01/19 For Sale $619,000 +2.3% --
07/01/2019 07/01/19 Off Market $605,000 -- --
05/15/2019 05/15/19 For Sale $619,000 -- --
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 $7,433 $435,200 $197,600 $237,600
2024 $7,433 $435,200 $197,600 $237,600
2023 $6,867 $435,200 $197,600 $237,600
2022 $6,867 $435,200 $197,600 $237,600
2021 $6,772 $435,200 $197,600 $237,600
2020 $6,737 $435,200 $197,600 $237,600
2019 $6,711 $435,200 $197,600 $237,600
2018 $6,802 $435,200 $197,600 $237,600
2017 $6,811 $435,200 $197,600 $237,600
2016 $6,580 $435,200 $197,600 $237,600
2015 $6,476 $435,200 $197,600 $237,600
2014 $6,354 $435,200 $197,600 $237,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 522247

South Jersey Shore Regional MLS

APN: 16-00127-0000-00092-0000-C06