NOT LISTED FOR SALE

Estimated Value: $541,000 - $676,000

2 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold December 14, 2018

Last sale price $240,000

Est. 145% increase in value since last sale

Current estimated payment $3,739/month

34 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Deck
  • End Unit

About This Home

As of December 2018

Corner end unit with lovely wrap around terrace affording you both ocean & sunset views. Spacious 2 bedroom 2 bath with large living room with sliders to balcony to enjoy the ocean air. Dining room and updated kitchen with granite counter tops. Master bath with walk in shower and plenty of closet space. Needs some updating but you can't beat the price to be right on the beach & boardwalk! Building amenities include new pool, gym, community room, roof top deck, library, cafe and 24 hour security. Your chance to own at the shore!

Last Agent to Sell the Property

Joanne Ferraro

BHHS FOX and ROACH-Margate Listed on: 09/29/2018

BHHS FOX and ROACH-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,423

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Parking

  • 2 Car Garage

Home Design

  • Brick Front

Interior Spaces

  • Blinds
  • Dining Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,423

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Lvt Date: 09/29/2018
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Electric Stove, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Room
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Elevator, Laundromat On Site, Security

Exterior Features

  • Siding Exterior: Brick Face

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Electric, Multi-Zoned, Wall Units
  • Heating: Electric, Forced Air, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Boardwalk Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2018
Closed on
Jan 17, 2019
Sold by
Schwartz Morris and Schwartz Glenn
Bought by
Jacoby Daniel A
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Current Estimated Value
$588,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,070
Avg. Annual Appreciation
14.33%
Original Mortgage
$228,000
Outstanding Balance
$200,857
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$387,213

Purchase Details

Closed on
Dec 1, 1988
Sold by
Shorr Harold L and Shorr Elaine
Bought by
Volchok Saul and Volchok Susan
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
Jacoby Daniel A $240,000 National Integrity Llc
Volchok Saul $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacoby Daniel A $228,000
Previous Owner Schwartz Morris $161,000
Previous Owner Schwartz Morris $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $240,000 -7.3% --
11/02/2018 11/02/18 Pending -- -- --
09/29/2018 09/29/18 For Sale $259,000 -- --
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 $6,423 $235,000 $140,000 $95,000
2024 $6,423 $235,000 $140,000 $95,000
2023 $6,044 $235,000 $140,000 $95,000
2022 $6,044 $235,000 $140,000 $95,000
2021 $6,082 $235,000 $140,000 $95,000
2020 $6,089 $235,000 $140,000 $95,000
2019 $6,075 $235,000 $140,000 $95,000
2018 $6,190 $235,000 $140,000 $95,000
2017 $6,223 $235,000 $140,000 $95,000
2016 $8,963 $410,000 $333,000 $77,000
2015 $8,881 $410,000 $333,000 $77,000
2014 $8,442 $410,000 $333,000 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 511956

South Jersey Shore Regional MLS

APN: 22-00001-0000-00001-0000-C0410