NOT LISTED FOR SALE

50 Ables Run Dr Absecon, NJ 08201

Estimated Value: $302,398 - $337,000

2 Beds
1.5 Baths
2,020 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $275,000 $136 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,469/month

28 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Attic
  • Senior Living
  • Contemporary Architecture
  • Loft

About This Home

As of December 2023

Beautiful two bedroom home with spacious loft in the Gatherings at Bel Aire Lakes in Absecon. This gem is minutes away, from the New Jersey beaches, Atlantic City with casinos, entertainment venues, and shopping outlets. You can see the Atlantic City skyline as you approach the Gatherings in Absecon New Jersey. Beautiful homes nestled around lagoons with water spouts make a tranquil environment for relaxation outside. This particular end unit provides tons of natural light inside and yard space outside. The home includes new air conditioner, heater, and water heater approximately two years new. The light and airy kitchen with eating area boasts 42 inch warm, maple cabinetry, a brand, new stainless steel refrigerator, a slider to the back patio and overlooks the cozy family room. In addition to the newer heater, air conditioner, and water heater, the association is in the process of putting brand new roofs on the buildings at no extra expense to the homeowners and has completed several buildings. Completion of all of the buildings is on the schedule. With all of the above new or being replaced, a new buyer can feel confident . Also in place is a home warranty, which transfers to the new owner. With major items already having been replaced, or on the schedule to be replaced, such as the roof, a new buyer can fell confident. Also, NEW SS stove, dishwasher, and microwave will be provided for new owner. Home s in beautiful condition and will provide a neutral pallet for the next owner to bring their creative ideas.
The home includes the main bedroom, full bath, and half bath on the ground floor level. Upstairs is a roomy loft, second bedroom, full bath, large storage closet, and floor level walkout storage/attic space. Again NEW SS appliances will be added to match new SS fridge for buyer. Don’t let this one get by!!!Contact Realtor for showing instructions before it’s gone!

Last Listed By

Denise Jiampetti

HomeSmart First Advantage Realty License #673378 Listed on: 10/16/2023

HomeSmart First Advantage Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,597

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 36.00 x 108.00

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,020 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 00001 48
  • Assessor Parcel Number 01-00258-00001 48

Community Details

Overview

  • Senior Living
  • Association fees include health club, lawn care front, lawn care rear, lawn care side, lawn maintenance
  • Senior Community | Residents must be 55 or older
  • Access Property Management HOA
  • Gatherings At Bel Ai Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,597

Year Built

Built in 2006

Lot Details

0

HOA Fees

$220 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-16
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Family Room, Bedroom 1, Laundry, Loft, Bathroom 1, Attic, Half Bath
  • Basement: No
  • Total Sq Ft: 2020
  • Living Area Sq Ft: 2020
  • Price Per Sq Ft: 141.04
  • Above Grade Finished Sq Ft: 2020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 50

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 220.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Exercise Room, Fitness Center, Retirement Community, Club House
  • HOA Condo Co-Op Fee Includes: Health Club, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance
  • HOA Name: ACCESS PROPERTY MANAGEMENT
  • HOA: Yes
  • Senior Community Age Requirement: 55
  • Senior Community: Yes

Schools

  • School District: ABSECON CITY SCHOOLS
  • School District Key: 300200396905
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 36.00 x 108.00
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5597.00
  • Assessor Parcel Number: 01-00258-00001 48
  • Tax Lot: 00001 48
  • Tax Total Finished Sq Ft: 2020
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/22/2023

MLS Schools

  • School District Name: ABSECON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 21, 2023
Sold by
Jiampetti Denise
Bought by
Chau Olivia
Seller's Agent
Denise Jiampetti
HomeSmart First Advantage Realty
Buyer's Agent
Howard Winters
Keller Williams Realty - Atlantic Shore
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Total Days on Market
28
Views
264
Current Estimated Value
$320,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,600
Avg. Annual Appreciation
11.85%
Original Mortgage
$137,500
Outstanding Balance
$135,722
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$184,878

Purchase Details

Closed on
Apr 8, 2009
Sold by
Jiampetti Gary J and Jiampetti Denise
Bought by
Jiampetti Denise

Purchase Details

Closed on
Sep 29, 2006
Sold by
Beazer Homes Corp
Bought by
Jiampetti Gary and Jiampetti Denise

Purchase Details

Closed on
Oct 1, 2004
Sold by
Absecon Investors Llc
Bought by
Beazer Homes Corp

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chau Olivia $275,000 Atlantic Shore Title
Jiampetti Denise -- None Available
Jiampetti Gary $245,000 --
Beazer Homes Corp $1,540,000 Congress Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Olivia $137,500
Previous Owner Jiampetti Denise $105,000
Previous Owner Jiampetti Denise $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $275,000 -3.5% $136 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $284,900 -4.7% $141 / Sq Ft
10/16/2023 10/16/23 For Sale $299,000 -- $148 / Sq Ft
Source: Bright 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 $5,665 $169,300 $29,000 $140,300
2023 $5,597 $169,300 $29,000 $140,300
2022 $5,597 $169,300 $29,000 $140,300
2021 $5,580 $169,300 $29,000 $140,300
2020 $5,590 $169,300 $29,000 $140,300
2019 $5,550 $169,300 $29,000 $140,300
2018 $5,573 $169,300 $29,000 $140,300
2017 $5,533 $169,300 $29,000 $140,300
2016 $5,377 $169,300 $29,000 $140,300
2015 $5,308 $169,300 $29,000 $140,300
2014 $5,235 $169,300 $29,000 $140,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2010000

Bright MLS

APN: 01-00258-0000-00001-48