NOT LISTED FOR SALE

7701 Atlantic Ave Unit 26B Margate City, NJ 08402

Estimated Value: $806,000 - $973,000

2 Beds
2 Baths
-- Sq Ft
1.29 Acres

Last Sold January 15, 2021

Last sale price $560,000

Est. 60% increase in value since last sale

Current estimated payment $5,297/month

Highlights

  • Water Views
  • Unit is on the top floor
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of January 2021

Stunning & Immaculate townhouse located across the street from the Beach in the popular Beach House Condominiums. This unit features a nice rooftop deck with Ocean Views, a poolside deck off the living room overlooking the wrap around heated pool & another smaller deck with Ocean Views off the Bedroom. The Kitchen features Granite counters & Stainless Steel Appliances. There's Hardwood floors, a wood burning Fireplace in the Living Room and a wet bar. Parking included-one assigned spot & one visitor spot, Walk everywhere, to Beach, Boardwalk, restaurants & shops. Pet Friendly.

Last Agent to Sell the Property

Susan and Louis Solomon

BHHS FOX and ROACH-Margate Listed on: 10/03/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Sarah Rosenthal

Soleil Sotheby's International Realty - A

Soleil Sotheby's International Realty - A

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,316

Lot Details

  • 1.29

Parking

  • 1 Parking Space

Property Views

  • Water
  • Pool

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Bar
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Unit is on the top floor

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash, pool
  • Beach House Condos

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,316

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 10/03/2020
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Pool View, Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplace: Built-In, Living Room
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room
  • Common Area Features: Pool, Storage Facility

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

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

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Bar, Fireplace(s), Foyer, Hardwood Floors, Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Jan 11, 2021
Sold by
Kapustin Steven and Kapustin Wendi
Bought by
Wager Stuart Kenneth
Seller's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
Buyer's Agent
Sarah Rosenthal
Soleil Sotheby's International Realty - A
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Current Estimated Value
$896,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,303
Avg. Annual Appreciation
10.45%
Original Mortgage
$448,000
Outstanding Balance
$399,064
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$497,239

Purchase Details

Listed on
Jan 20, 2016
Closed on
Oct 27, 2016
Sold by
Markman Herbert L and Markman Ellen N
Bought by
Kapustin Wendi and Kapustin Steven
Seller's Agent
TAMYRA MARX
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Listed on
Jan 20, 2016
Closed on
Oct 6, 2016
Sold by
Markman Herbert and Markman Ellen
Bought by
Kapustin Steven and Kapustin Wendi
Seller's Agent
TAMYRA MARX
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$450,000
Sold Price
$450,000

Purchase Details

Listed on
Apr 22, 2012
Closed on
Sep 14, 2012
Sold by
Austin Stanley and Austin Sheila
Bought by
Markman Herberl L and Markman Ellen N
Seller's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
Buyer's Agent
TAMYRA MARX
BHHS FOX and ROACH-Margate
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.55%
Original Mortgage
$352,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1998
Sold by
Goody Estel and Goody Howard E
Bought by
Austin Stanley and Austin Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.95%
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
Wager Stuart Kenneth $560,000 Surety Title Company Llc
Kapustin Wendi $450,000 --
Kapustin Steven $450,000 --
Markman Herberl L $440,000 Title Resources Guaranty Co
Austin Stanley $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wager Stuart Kenneth $448,000
Previous Owner Markman Herberl L $352,000
Previous Owner Austin Stanley $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $560,000 -4.9% --
11/30/2020 11/30/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $589,000 +30.9% --
10/14/2016 10/14/16 Sold $450,000 0.0% -- View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $450,000 +2.3% --
09/14/2012 09/14/12 Sold $440,000 0.0% -- View Prior Sale
08/15/2012 08/15/12 Pending -- -- --
04/22/2012 04/22/12 For Sale $440,000 -- --
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 $6,316 $369,800 $184,500 $185,300
2024 $6,316 $369,800 $184,500 $185,300
2023 $5,835 $369,800 $184,500 $185,300
2022 $5,835 $369,800 $184,500 $185,300
2021 $5,754 $369,800 $184,500 $185,300
2020 $5,725 $369,800 $184,500 $185,300
2019 $5,702 $369,800 $184,500 $185,300
2018 $5,780 $369,800 $184,500 $185,300
2017 $5,787 $369,800 $184,500 $185,300
2016 $5,591 $369,800 $184,500 $185,300
2015 $5,503 $369,800 $184,500 $185,300
2014 $5,399 $369,800 $184,500 $185,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543048

South Jersey Shore Regional MLS

APN: 16-00104-0000-00002-0000-C026B