NOT LISTED FOR SALE

Estimated Value: $229,000 - $273,000

1 Bed
2 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold October 27, 2022

Last sale price $223,000

Est. 16% increase in value since last sale

Current estimated payment $1,768/month

81 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Sauna
  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool

About This Home

As of October 2022

Beautifully maintained 1 bedroom apartment with 2 full beautiful baths. This unit is desirably located on the inside courtyard with ocean views. Newer remodeled kitchen with efficient "induction" range. Lots of new upgrades such as newer wood finished floors, newer master bath, customized closets, and lots more. The apartment has been newly painted with newer baseboard molding. Fabulous amenities include a terrific pool and pool area, saunas, social room, state of the art gym, valet or self parking, 24/7 Security and lots more! Ideal for primary or vacation living! You must see this sensational unit!

Last Agent to Sell the Property

Ronnie Alper

BHHS FOX and ROACH-Margate License #RB-7830651 Listed on: 06/08/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Joe Hayoun

BHHS FOX and ROACH-Margate License #0016881

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,263

Year Built

  • Built in 1986

Lot Details

  • 871

Parking

  • 1 Car Garage

Property Views

  • Pool

Home Design

  • Brick Exterior Construction

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Dining Area
  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, cable, insurance, management, pool, sewer, trash, water
  • Ocean Club 1 Condos
  • 11-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,263

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 06/10/2022
  • Year Built: 1986
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Pool View, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 1
  • Full Bathrooms: 2
  • Other Rooms: Dining Area
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Pool, Sauna, Security, Tennis Court, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Cable, Insurance, Management, Pool, Sewer, Trash, Water
  • Condo Name: Ocean Club 1
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Oct 11, 2022
Sold by
Lodico Lawrence R and Lodico Dawn M
Bought by
Robinson Michael and Robinson Madeline
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
Joe Hayoun
BHHS FOX and ROACH-Margate
List Price
$229,000
Sold Price
$223,000
Premium/Discount to List
-$6,000
-2.62%
Views
18
Current Estimated Value
$259,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,282
Avg. Annual Appreciation
5.60%
Original Mortgage
$187,000
Interest Rate
6.66%
Source: Public Records

Range of Values:

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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
Robinson Michael $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Michael $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $223,000 -2.6% --
08/28/2022 08/28/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $229,000 -- --
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
2024 $4,263 $123,500 $45,000 $78,500
2023 $4,665 $123,500 $45,000 $78,500
2022 $4,665 $123,500 $45,000 $78,500
2021 $4,818 $123,500 $45,000 $78,500
2020 $4,858 $123,500 $45,000 $78,500
2019 $5,928 $148,800 $105,000 $43,800
2018 $5,257 $148,800 $105,000 $43,800
2017 $5,090 $148,800 $105,000 $43,800
2016 $5,744 $148,800 $105,000 $43,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 563909

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-01-C1006