NOT LISTED FOR SALE

Estimated Value: $226,273 - $237,000

2 Beds
2 Baths
1,136 Sq Ft
1,133 Sq Ft Lot

Sale Details

Date Sold: January 12, 2018

Last sale price $96,000 $85 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,556 / mo

45 Days on Market

Highlights

  • Water Views
  • Deck
  • Community Pool
  • Unit is on the top floor
  • End Unit
  • Building Patio

About This Home

As of January 2018

ONLY 2-bdrm unit for sale in Beach Gate! Taxes have been greatly reduced this year and are ow less than 2k annually! One of only two units in the development with OCEAN Views! Corner unit, top floor in E building all ready features an over sized window in the living room lets in tons of Sun Light and views of the Atlantic Ocean. Features new windows and doors, new tile throughout, fresh paint, and new carpets. Ceiling Fans, Central AC, Washer and Dryer, Private Balcony, and room for another half bath or powder room on the first floor! The second floor features two master bedrooms each with it's own bathroom, one walk in shower, one tub enclosure. Make this the perfect second home, vacation home with just the right touch this lovely unit and you can enjoy living just ONE block from the newest, cleanest, and most beautiful part of Atlantic City's Beach and World Famous Boardwalk. Investors, position your self now in the middle of the development, Stockton College, Revel, Showboat, and Hardrock Casinos all set to open by this time next year! Enjoy the future of AC's nightlife when the new investors of both Showboat and Revel casinos open back up later this year! Beach Gate sits across the street from Bella Luxury condos, a few blocks from the Absecon Light House, and minutes from Historic Gardners Basin, the AC Aquarium, famous eateries like Tony Boloneys, Back Bay Ale House & Gilchrist!

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 11/22/2017

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

David Hirsch

BOARDWALK REALTY

BOARDWALK REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Pad

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, pool
  • Beach Gate Condos

Amenities

  • Building Patio
  • Courtesy Bus

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

1,133 Sq Ft Lot

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1972
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Bus Service, Deck/Porch, Fenced Yard, Patio, Pool

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric, Heat Pump, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Beach Gate
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 12, 2018
Sold by
Mustakas Arthur
Bought by
Kennis Scott and Kennis Debra Landau
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$96,000
Sold Price
$96,000
Current Estimated Value
$232,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,068
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Fannie Mae
Bought by
Mustakas Arthur

Purchase Details

Closed on
May 29, 2013
Sold by
Aghajanyan Arthur
Bought by
Beachgate Condominium Association

Purchase Details

Closed on
Apr 11, 2006
Sold by
Beachgate Homes Llc
Bought by
Artur Aghajanyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.28%

Purchase Details

Closed on
May 29, 2002
Sold by
Mgm Grand Atlantic City Inc
Bought by
Beachgate Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kennis Scott $96,000 Shore Title Agency Inc
Mustakas Arthur $45,000 None Available
Beachgate Condominium Association -- None Available
Artur Aghajanyan $242,000 --
Beachgate Homes Llc $700,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artur Aghajanyan $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $96,000 0.0% $85 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $96,000 -- $85 / Sq Ft
Source: South Jersey Shore Regional MLS

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 $3,669 $106,300 $10,000 $96,300
2024 $3,669 $106,300 $10,000 $96,300
2023 $4,015 $106,300 $10,000 $96,300
2022 $4,015 $106,300 $10,000 $96,300
2021 $4,147 $106,300 $10,000 $96,300
2020 $4,182 $106,300 $10,000 $96,300
2019 $2,311 $58,000 $29,000 $29,000
2018 $7,923 $58,000 $29,000 $29,000
2017 $7,923 $231,600 $55,000 $176,600
2016 $8,940 $231,600 $55,000 $176,600
2015 $7,925 $231,600 $55,000 $176,600
2014 $7,754 $231,600 $55,000 $176,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 497481

South Jersey Shore Regional MLS

APN: 02-00061-01-00001-0000-CE203

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