NOT LISTED FOR SALE

7 S Frontenac Ave Unit 5 Margate City, NJ 08402

Estimated Value: $457,282 - $669,000

2 Beds
1 Bath
-- Sq Ft
3,354 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $307,500

Est. 74% increase in value since last sale

Current estimated payment $3,134/month

Highlights

  • Main Floor Bedroom
  • Building Patio
  • Kitchen Island
  • William H. Ross III Intermediate School Rated A-
  • Bathroom on Main Level
  • Brick Front

About This Home

As of April 2021

Looking for the perfect shore escape? Here it is! A beautiful open floor two bedroom one full bath condo located on the second floor. Lots of windows for natural light and the salt air breeze coming from the beach ONE BLOCK away. Great size living room and gorgeous kitchen with an island and granite counter tops. Central air and wifi thermostat. Pet friendly! The common areas feature a space to store your beach chairs inside as well as a court yard with a bike rack, grill and seating area. Location Location Location! One block away from the beach as well as in the heart of down town Margate for shopping and dinning just a few steps away.

Last Agent to Sell the Property

Rose Simila

Home and Heart Realty Listed on: 09/16/2020

Home and Heart Realty

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,612

Lot Details

  • 3,354

Parking

  • Assigned Parking

Home Design

  • Brick Front

Interior Spaces

  • 3-Story Property

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

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

Community Details

Amenities

  • Building Patio

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,612

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/18/2020
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Stove, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Common Area Features: Patio

Exterior Features

  • Siding Exterior: Brick Face

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Kitchen Center Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Apr 12, 2021
Sold by
Bonanno Bruno and Bonanno Assunta
Bought by
Smith Dawn
Seller's Agent
Rose Simila
Home and Heart Realty
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$329,000
Sold Price
$307,500
Premium/Discount to List
-$21,500
-6.53%
Current Estimated Value
$534,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,821
Avg. Annual Appreciation
13.06%
Original Mortgage
$276,750
Outstanding Balance
$250,271
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$284,050

Purchase Details

Listed on
Sep 16, 2020
Closed on
Apr 8, 2021
Sold by
Bonanno Bruno and Bonanno Assunta
Bought by
Smith Dawn
Seller's Agent
Rose Simila
Home and Heart Realty
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$329,000
Sold Price
$307,500
Premium/Discount to List
-$21,500
-6.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Outstanding Balance
$250,271
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$284,050
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
Smith Dawn $307,500 Infinity Title
Smith Dawn $307,500 Infinity Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dawn $276,750
Closed Smith Dawn $276,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $307,500 -6.5% --
03/03/2021 03/03/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $329,000 -- --
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 $3,612 $211,500 $62,600 $148,900
2024 $3,612 $211,500 $62,600 $148,900
2023 $3,337 $211,500 $62,600 $148,900
2022 $3,337 $211,500 $62,600 $148,900
2021 $3,291 $211,500 $62,600 $148,900
2020 $3,274 $211,500 $62,600 $148,900
2019 $3,261 $211,500 $62,600 $148,900
2018 $3,306 $211,500 $62,600 $148,900
2017 $3,310 $211,500 $62,600 $148,900
Source: Public Records

Agents Affiliated with this Home

  • Rose Simila

    Seller's Agent in 2021

    Rose Simila

    Home and Heart Realty

    (856) 418-1324

    3 in this area

    388 Total Sales

    Rose Simila
    Section Image

  • A

    Buyer's Agent in 2021

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 542284

South Jersey Shore Regional MLS

APN: 16-00107-0000-00029-0000-C0005

New Jersey Atlantic County Margate City 08402

7 S Frontenac Ave Unit 5, Margate City, NJ

This home is located at 7 S Frontenac Ave Unit 5, Margate City, NJ 08402 since 16 September 2020 and is currently estimated at $534,321. 7 S Frontenac Ave Unit 5 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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