NOT LISTED FOR SALE

Estimated Value: $255,000 - $316,000

1 Bed
1.5 Baths
-- Sq Ft
741 Sq Ft Lot

Last Sold October 26, 2018

Last sale price $150,000

Est. 93% increase in value since last sale

Current estimated payment $1,998/month

44 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Sauna
  • Spa
  • Clubhouse
  • 4-minute walk to O'Donnell Memorial Park

About This Home

As of October 2018

A rare opportunity to buy a beautiful, spacious 1 bedroom, 1 1/2 bath condominium unit in Atlantic City's most revered oceanfront building in the new university district. Enjoy breathtaking ocean and skyline views from your spacious balcony or through the wall to wall, floor to ceiling sliding glass doors in every room. Large, modern kitchen with breakfast bar- Laundry room with washer and dryer in the unit. Large abundant closets. Common area amenities include both indoor and outdoor heated pools, two cedar saunas, two large hot tubs, a large modern fitness center, billiards room, ping pong deck, and ocean front clubhouse. Bike storage, indoor secure gated parking, and 24 hour front desk security. A great investment and an incredible lifestyle! Join the excitement and energy of an evolving upscale university neighborhood. Live and enjoy life at The Enclave!

Last Agent to Sell the Property

WALTER BROOME

Fox Real Estate-Ocean License #SP-8440419 Listed on: 08/01/2018

Last Buyer's Agent

LAUREN BROOME

Fox Real Estate-Ocean License #0998903

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 1985

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Siding

Interior Spaces

  • Bar
  • Blinds
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, cable, pool
  • Enclave Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Community Deck or Porch
  • Sauna
  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,582

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Lvt Date: 08/01/2018
  • Year Built: 1985
  • 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: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Elevator, Enclsd/Covered Porch, Outside Shower, Patio, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Garage: One Car, Two Car, Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Cable, Pool
  • Condo Name: Enclave
  • Management: Association

Lot Info

  • Location: Beach Block, Boardwalk Front, Corner, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Bar, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 26, 2018
Sold by
Natthan And Carol Lowenbraun Family Limi
Bought by
Williams Russell and Goodhue Louis James
Seller's Agent
WALTER BROOME
Fox Real Estate-Ocean
Buyer's Agent
LAUREN BROOME
Fox Real Estate-Ocean
List Price
$179,000
Sold Price
$150,000
Premium/Discount to List
-$29,000
-16.2%
Total Days on Market
44
Current Estimated Value
$288,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,966
Avg. Annual Appreciation
11.64%
Original Mortgage
$100,000
Outstanding Balance
$88,956
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$221,299

Purchase Details

Closed on
Feb 23, 2012
Sold by
Dabrow Christine A Thelmo and Dabrow Ross
Bought by
Nathan & Carol Lowenbraun Family Limited

Purchase Details

Closed on
Jun 3, 2002
Sold by
Lagman Lamides
Bought by
Thelmo Christine A

Purchase Details

Closed on
Nov 27, 2001
Sold by
Mattia Joseph
Bought by
Lagman Lamides

Purchase Details

Closed on
Feb 29, 2000
Sold by
Connelly David Gia and Connelly Lynn G
Bought by
Mattia Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,150
Interest Rate
8.5%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Schartzberg Harvey
Bought by
Connolly David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7%
Source: Public Records

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Range of Values:

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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
Williams Russell $150,000 Surety Title Co Llc
Nathan & Carol Lowenbraun Family Limited $153,000 Surety Title
Thelmo Christine A -- --
Lagman Lamides $99,900 --
Connolly David $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Russell $100,000
Previous Owner Mattia Joseph C $75,150
Previous Owner Connolly David $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $150,000 -16.2% --
09/14/2018 09/14/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $179,000 -- --
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 $5,582 $161,700 $55,000 $106,700
2023 $6,107 $161,700 $55,000 $106,700
2022 $6,107 $161,700 $55,000 $106,700
2021 $6,308 $161,700 $55,000 $106,700
2020 $6,361 $161,700 $55,000 $106,700
2019 $6,773 $170,000 $85,000 $85,000
2018 $6,006 $170,000 $85,000 $85,000
2017 $5,816 $170,000 $85,000 $85,000
2016 $6,562 $170,000 $85,000 $85,000
2015 $6,502 $190,000 $95,000 $95,000
2014 $6,361 $190,000 $95,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 509074

South Jersey Shore Regional MLS

APN: 02-00017-0000-00002-0000-C1709