NOT LISTED FOR SALE

Ocean Club Condos 3101 Boardwalk Unit 1108-2 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $219,943 - $314,000

1 Bed
1.5 Baths
-- Sq Ft
1,045 Sq Ft Lot

Last Sold September 27, 2018

Last sale price $144,000

Est. 86% increase in value since last sale

Current estimated payment $1,818/month

1 Day 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 September 2018

Large 1 bedroom 1.5 bath with some ocean and bay views from inside unit and from private balcony. 1060 sq feet, huge eat-in-kitchen, original condition, furnished with a few exceptions. Micro wave not working. Sold strictly "as is" subject to a home inspection. Fabulous ammenities include year 'round pool, social rooms with WIFI, tennis, wet and dry saunas, library, 24/7 security, valet or self parking, concierge. Currently no bike or storage room available. Located near casinos, entertainment, casual and gormet dining, transportation and shopping. Situated along the boardwalk and beach, a few blocks from Stockton University and the University district. THIS UNIT IS UNDER AGREEMENT.

Last Agent to Sell the Property

Linda Magarick

BHHS FOX and ROACH-Margate Listed on: 08/25/2018

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Linda Magarick

BHHS FOX and ROACH-Margate Listed on: 08/25/2018

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,447

Lot Details

  • 1,045

Parking

  • 1 Car Attached Garage

Interior Spaces

  • Partially Furnished
  • Entrance Foyer
  • Dining Area
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • Legal Lot and Block 1.02 C1108 / 28

Community Details

Overview

  • Association fees include amenities, management, sewer, trash, water
  • Ocean Club 2 Condos
  • 11-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,447

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • 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: Dryer, Electric Stove, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Pool, Sauna, Security, Tennis Court

Garage/Parking

  • Garage: One Car, Attached Garage
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Management, Sewer, Trash, Water
  • Condo Name: Ocean Club 2
  • Management: Association, On-Site Professionals

Lot Info

  • Lot Number: 1.02 C1108
  • Location: Beach Block, Boardwalk Area

Rental Info

  • Pets: Yes W/Restrictions

Tax Info

  • Year: 18
  • Taxes: 4447

Multi Family

  • Unit Features: Foyer, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2018
Closed on
Sep 27, 2018
Sold by
Hirsch Sydne
Bought by
Frankel Richard and Frankel Andrea
Seller's Agent
Linda Magarick
BHHS FOX and ROACH-Margate
Buyer's Agent
Linda Magarick
BHHS FOX and ROACH-Margate
List Price
$155,000
Sold Price
$144,000
Premium/Discount to List
-$11,000
-7.1%
Current Estimated Value
$268,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,236
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Haskin Tina
Bought by
Hirsch Sydne

Purchase Details

Closed on
Oct 1, 2007
Sold by
Simons Elaine and Gavin Elaine E
Bought by
Gavin Elaine E and Damis Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2004
Sold by
Vahik Badaian and Babaian Vahik
Bought by
Simons Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.33%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 21, 1997
Sold by
Wu Tse Shiung and Wu Marie H
Bought by
Brecher Elaine
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
Frankel Richard $144,000 None Available
Hirsch Sydne $250,000 Commonwealth Land Title Insu
Gavin Elaine E $200,000 Commonwealth Land Title Insu
Simons Elaine $280,000 Commonwealth Title
Brecher Elaine $78,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gavin Elaine E $125,000
Previous Owner Simons Elaine $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $144,000 -7.1% --
08/26/2018 08/26/18 Pending -- -- --
08/25/2018 08/25/18 For Sale $155,000 -- --
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 $4,885 $141,500 $50,000 $91,500
2024 $4,885 $141,500 $50,000 $91,500
2023 $5,344 $141,500 $50,000 $91,500
2022 $5,344 $141,500 $50,000 $91,500
2021 $5,520 $141,500 $50,000 $91,500
2020 $5,567 $141,500 $50,000 $91,500
2019 $5,179 $130,000 $65,000 $65,000
2018 $4,593 $130,000 $65,000 $65,000
2017 $4,447 $130,000 $65,000 $65,000
2016 $6,755 $175,000 $87,500 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Magarick

    Seller's Agent in 2018

    Linda Magarick

    BHHS Fox & Roach

    (609) 226-3775

    40 in this area

    47 Total Sales

    Linda Magarick
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About Ocean Club Condos

Map

Source: South Jersey Shore Regional MLS

MLS Number: 510432

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-02-C1108

New Jersey Atlantic County Atlantic City 08401 Chelsea

3101 Boardwalk Unit 1108-2, Atlantic City, NJ

Not Listed for Sale

Condos

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