NOT LISTED FOR SALE

7 S Frontenac Ave Unit 6 Margate City, NJ 08402

Estimated Value: $349,000 - $457,000

1 Bed
1 Bath
-- Sq Ft
3,354 Sq Ft Lot

Last Sold September 17, 2020

Last sale price $190,000

Est. 106% increase in value since last sale

Current estimated payment $2,314/month

297 Days on Market

Highlights

  • Furnished
  • Intercom
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Building Patio
  • Dining Area

About This Home

As of September 2020

Unbeatable price for this one bedroom completely renovated condo that is pet friendly! One block to beach and located in the center of town. Walk to beach, stores & restaurants. Building was refurbished 5 years ago. Condo has 9 foot ceilings, newer kitchen & bath, C/A, gas heat, hardwood floors, granite counter tops & gas fireplace. Being sold fully furnished! Common area features back patio with pavers , gas grill & bike rack. Each unit owner has access to a private storage locker for beach chairs etc. Extremely low condo fees. Charm, affordability & location!

Last Agent to Sell the Property

Joanne Ferraro

BHHS FOX and ROACH-Margate Listed on: 10/16/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Natalie Jeker

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,827

Lot Details

  • 3,354

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Area
  • Intercom

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water

Amenities

  • Building Patio
  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,827

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Furnished
  • Lvt Date: 10/16/2019
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Intercom, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Living Room
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Patio, Storage Facility

Exterior Features

  • Siding Exterior: Brick

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Fireplace(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Sep 17, 2020
Sold by
Margate Property Management Llc
Bought by
Keown Jonathan and Byrd Candice
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
Natalie Jeker
Compass New Jersey-Ocean City (O463E)
List Price
$198,000
Sold Price
$190,000
Premium/Discount to List
-$8,000
-4.04%
Current Estimated Value
$392,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,059
Avg. Annual Appreciation
15.36%
Original Mortgage
$144,000
Outstanding Balance
$127,790
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$264,269
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
Keown Jonathan $190,000 Land Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keown Jonathan $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $190,000 -4.0% --
08/08/2020 08/08/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $198,000 -- --
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 $2,827 $165,500 $45,200 $120,300
2024 $2,827 $165,500 $45,200 $120,300
2023 $2,612 $165,500 $45,200 $120,300
2022 $2,612 $165,500 $45,200 $120,300
2021 $2,575 $165,500 $45,200 $120,300
2020 $2,562 $165,500 $45,200 $120,300
2019 $2,552 $165,500 $45,200 $120,300
2018 $2,587 $165,500 $45,200 $120,300
2017 $2,590 $165,500 $45,200 $120,300
Source: Public Records

Agents Affiliated with this Home

  • Joanne Ferraro

    Seller's Agent in 2020

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    18 in this area

    95 Total Sales

    Joanne Ferraro
    Section Image
  • Natalie Jeker

    Buyer's Agent in 2020

    Natalie Jeker

    Compass New Jersey-Ocean City (O463E)

    (609) 202-8004

    37 Total Sales

    Natalie Jeker
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529425

South Jersey Shore Regional MLS

APN: 16-00107-0000-00029-0000-C0006

New Jersey Atlantic County Margate City 08402

7 S Frontenac Ave Unit 6, Margate City, NJ

This home is located at 7 S Frontenac Ave Unit 6, Margate City, NJ 08402 since 16 October 2019 and is currently estimated at $392,059. 7 S Frontenac 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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