NOT LISTED FOR SALE

6 N Adams Ave Unit 6 Margate City, NJ 08402

Estimated Value: $466,067 - $566,000

2 Beds
2 Baths
-- Sq Ft
5,271 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $260,000

Est. 96% increase in value since last sale

Current estimated payment $2,940/month

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-

About This Home

As of December 2020

If convenience and easy maintenance top your list of must-haves, look no further than this two-bedroom Margate condo. Located steps from Johnny’s Cafe, Hot Bagels, Two Cents Plain, and just a quick walk to the beach, this compact condo offers up a desirable open floor plan alongside maintenance-free finishes like high-quality wood look laminate floors and stonelike countertops. The condo was remodeled in 2012 and includes a neutral and attractive canvas of browns and creams. The kitchen features a glass tile backsplash, durable countertops, and lots of storage in its attractive natural wood cabinets. A dining nook alongside the kitchen offers comfortable seating for six, and the adjacent living area lets light stream in through dual exposures. Both queen-sized bedrooms have en suite bathrooms, with the secondary bedroom’s en suite also accessible from the hallway. This intimate building’s monthly fees cover both building and flood insurance, making this shore home the definition of simplicity.

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate Listed on: 07/02/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Judi Cohen

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,267

Lot Details

  • 5,271

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Blinds
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include insurance, management, trash

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,267

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Lvt Date: 07/02/2020
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Master Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Management, Trash
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Dec 15, 2020
Sold by
Roth Arthur L and Roth Terri S
Bought by
Corbitt Viki Milkis
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Judi Cohen
BHHS FOX and ROACH-Margate
List Price
$289,000
Sold Price
$260,000
Premium/Discount to List
-$29,000
-10.03%
Current Estimated Value
$508,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,767
Avg. Annual Appreciation
14.91%
Original Mortgage
$177,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2012
Sold by
Tyndall Robert S and Tyndall Carolyn S
Bought by
Kirkpatrick Shaun M and Carter Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Liberman Dale
Bought by
Roth Arthur L and Roth Terri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2003
Sold by
Bayshore Property Management L
Bought by
Handman Group 191 Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2001
Sold by
Granson Balshi Fisher & Klein Real Estat
Bought by
Bayshore Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1996
Sold by
Benevento Mark
Bought by
Granson Balshi Fisher & Klein Real Estat
Source: Public Records

Range of Values:

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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
Corbitt Viki Milkis $260,000 None Available
Kirkpatrick Shaun M $250,000 Title Resources Guaranty Com
Roth Arthur L $320,000 The Title Company Of Jersey
Handman Group 191 Lp $730,000 --
Bayshore Property Management Llc $395,000 --
Granson Balshi Fisher & Klein Real Estat $280,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbitt Viki Milkis $177,000
Previous Owner Kirkpatrick Shaun M $200,000
Previous Owner Roth Arthur L $32,000
Previous Owner Roth Arthur L $256,000
Previous Owner Handman Group 191 Lp $590,000
Previous Owner Bayshore Property Management Llc $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $260,000 -3.7% --
11/22/2020 11/22/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $269,900 -3.3% --
08/26/2020 08/26/20 Price Changed $279,000 -3.5% --
07/02/2020 07/02/20 For Sale $289,000 -- --
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 $3,267 $191,300 $92,300 $99,000
2024 $3,267 $191,300 $92,300 $99,000
2023 $3,019 $191,300 $92,300 $99,000
2022 $3,019 $191,300 $92,300 $99,000
2021 $2,977 $191,300 $92,300 $99,000
2020 $2,961 $191,300 $92,300 $99,000
2019 $2,950 $191,300 $92,300 $99,000
2018 $2,990 $191,300 $92,300 $99,000
2017 $2,994 $191,300 $92,300 $99,000
2016 $2,892 $191,300 $92,300 $99,000
2015 $2,847 $191,300 $92,300 $99,000
2014 $2,793 $191,300 $92,300 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2020

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    107 in this area

    228 Total Sales

    Rene Kane
    Section Image
  • Judi Cohen

    Buyer's Agent in 2020

    Judi Cohen

    BHHS Fox & Roach

    (609) 513-2303

    28 in this area

    79 Total Sales

    Judi Cohen
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538742

South Jersey Shore Regional MLS

APN: 16-00228-0000-00302-0000-C0006

New Jersey Atlantic County Margate City 08402

6 N Adams Ave Unit 6, Margate City, NJ

This home is located at 6 N Adams Ave Unit 6, Margate City, NJ 08402 since 02 July 2020 and is currently estimated at $508,767. 6 N Adams Ave Unit 6 is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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