NOT LISTED FOR SALE

Estimated Value: $135,000 - $184,000

1 Bed
1 Bath
-- Sq Ft
523 Sq Ft Lot

Last Sold August 10, 2018

Last sale price $85,000

Est. 85% increase in value since last sale

Current estimated payment $1,064/month

113 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Sauna
  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of August 2018

Come live in the Fabulous and Historic Ritz Condominiums. The Ritz offers old world charm with all of today's modern amenities. Located directly on the World Famous Boardwalk , the Ritz is in the center of all the action. Swim in the beaches or see a show at the casinos, Atlantic City has it all. This wonderful getaway has tremendous ocean views.

Last Agent to Sell the Property

David Hirsch

BOARDWALK REALTY Listed on: 03/21/2018

BOARDWALK REALTY

Last Buyer's Agent

David Hirsch

BOARDWALK REALTY Listed on: 03/21/2018

BOARDWALK REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 1921

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Cathedral Ceiling
  • Dining Area
  • Water Views
  • Stove

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Zoned Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 31

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, air conditioning, heat, pool
  • Ritz Condos
  • 11-Story Property

Amenities

  • Sauna
  • Courtesy Bus
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,113

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1921
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Bus Service, Cable Tv, Elevator, Laundromat On Site, Outside Shower, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick, Stucco
  • Waterfront: Yes

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Electric, Multi-Zoned, Wall Units
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Air Conditioning, Heat, Pool
  • Condo Name: Ritz
  • Management: Association, On-Site Professionals

Lot Info

  • Lot Number: 2
  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: Yes W/Restrictions

Tax Info

  • Year: 2017
  • Taxes: 3113

Multi Family

  • Unit Features: Cathedral Ceiling(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Aug 10, 2018
Sold by
Wasserman David and Wasserman Anita
Bought by
Gancayco Victoria
Seller's Agent
David Hirsch
BOARDWALK REALTY
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$157,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,577
Avg. Annual Appreciation
8.80%
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
Gancayco Victoria $85,000 Shore Title Agnecy Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $85,000 -14.1% --
07/12/2018 07/12/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $99,000 -- --
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 $2,817 $81,600 $25,000 $56,600
2024 $2,817 $81,600 $25,000 $56,600
2023 $3,082 $81,600 $25,000 $56,600
2022 $3,082 $81,600 $25,000 $56,600
2021 $3,183 $81,600 $25,000 $56,600
2020 $3,210 $81,600 $25,000 $56,600
2019 $3,625 $91,000 $45,500 $45,500
2018 $3,215 $91,000 $45,500 $45,500
2017 $3,113 $91,000 $45,500 $45,500
2016 $3,513 $91,000 $45,500 $45,500
2015 $3,935 $115,000 $57,500 $57,500
2014 $3,850 $115,000 $57,500 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 502652

South Jersey Shore Regional MLS

APN: 02-00031-0000-00002-0000-C0808