NOT LISTED FOR SALE

Island House 9100 Beach Unit 1405C Margate City, NJ 08402

Estimated Value: $726,000 - $872,000

2 Beds
2 Baths
952 Sq Ft
0.56 Acres

Last Sold May 15, 2024

Last sale price $700,000 $735 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,845/month

7 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Deck
  • William H. Ross III Intermediate School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2024

Welcome to your dream waterfront oasis in the prestigious Island House! This exquisite unit on the 14th floor has been completely renovated to offer the epitome of luxury and comfort. Boasting two spacious bedrooms and two beautifully appointed bathrooms, this unit is a haven of style and convenience. As you step inside the open-plan living area is bathed in natural light, offering breathtaking views of the island and the sparkling ocean beyond. It's the perfect place to relax and soak in the serene surroundings. Enjoy incredible sun rises every morning from your balcony while enjoying your morning coffee. The living room is situated perfectly for you to enjoy the view no matter where you are. An inviting eat-in kitchen sits off of the living room and is a chef's delight. The kitchen shines with granite countertops and is equipped with top-of-the-line stainless steel appliances, making cooking and entertaining a breeze. The large primary suite is a true retreat, featuring ocean views and an oversized bath with a custom double sink vanity and a vast walk-in shower that promises a spa-like experience every day. The second bedroom, also with captivating beach views, provides a peaceful sanctuary for guests or can be transformed into a home office or creative space. Ceiling fans in all rooms ensure a comfortable ambiance throughout the year. For your convenience, this unit includes an in-unit washer and dryer, adding to the effortless living experience. Residents of the Island House have exclusive access to premium amenities, including the fully renovated lobby, round-the-clock security, efficient onsite management, secure gated parking, and a brand new fully equipped fitness and weight room. Perfectly situated, this property is just a short stroll away from local dining and shopping hotspots like Tomatoes, the Greenhouse, Steve and Cookies etc. Don't miss this unparalleled opportunity to own a piece of paradise. Contact us today to schedule your viewing and begin your next chapter at 9100 Beach Avenue, Unit 1405. Your waterfront dream home awaits!

Last Agent to Sell the Property

Vincent Novelli

Compass Real Estate-Margate Listed on: 03/18/2024

Compass Real Estate-Margate

Co-Listed By

Linda Novelli

Compass Real Estate-Margate

Last Buyer's Agent

Barbara Lipson

LPT Realty

LPT Realty

Property Details

Home Type

  • Condominium

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Parking

  • 1 Car Garage

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, pool
  • Island House Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen
  • Common Area Features: Clubhouse/Clubroom, Deck/Porch, Elevator, Patio, Pool, Security

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Pool
  • Condo Name: Island House
  • Management: Association

Lot Info

  • Location: Beach Block, Ocean Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 11, 2024
Sold by
Dossick Richard and Dossick Beth S
Bought by
Polsky Sharon and Polsky Harry
Seller's Agent
Vincent Novelli
Compass Real Estate-Margate
Buyer's Agent
Barbara Lipson
LPT Realty
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
74
Current Estimated Value
$801,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,131
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Dossick Mark and Dossick Richard
Bought by
Dossick Richard and Weiss Dossick Beth

Purchase Details

Closed on
Apr 25, 2011
Sold by
Dossick Mark and Dossick Richard
Bought by
Dossick Mark and Dossick Richard

Purchase Details

Closed on
Apr 6, 2005
Sold by
Bg Margate Investments Llc
Bought by
Dossick Mark and Dossick Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 10, 2004
Sold by
Gerace Michael
Bought by
Bg Margate Investments Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Friedman Elliot and Friedman Phyllis
Bought by
Gerace Michael and Gerace Roseann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,125
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1999
Sold by
Gitomer Irving and Gitomer Marcia
Bought by
Friedman Elliot and Friedman Phyllis
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
Polsky Sharon $700,000 Absecon Title
Dossick Richard -- Foundation Title Llc
Dossick Mark -- None Available
Dossick Mark $480,000 Commonwealth Land Title Insu
Bg Margate Investments Llc -- --
Bg Margate Investments Llc -- --
Gerace Michael $422,500 --
Friedman Elliot $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dossick Mark $384,000
Previous Owner Gerace Michael $359,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $700,000 -12.4% $735 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $799,000 -- $839 / Sq Ft
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 $7,566 $443,000 $185,600 $257,400
2024 $7,566 $443,000 $185,600 $257,400
2023 $6,991 $443,000 $185,600 $257,400
2022 $6,991 $443,000 $185,600 $257,400
2021 $6,893 $443,000 $185,600 $257,400
2020 $6,858 $443,000 $185,600 $257,400
2019 $6,831 $443,000 $185,600 $257,400
2018 $6,924 $443,000 $185,600 $257,400
2017 $6,933 $443,000 $185,600 $257,400
2016 $6,698 $443,000 $185,600 $257,400
2015 $6,592 $443,000 $185,600 $257,400
2014 $6,468 $443,000 $185,600 $257,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583273

South Jersey Shore Regional MLS

APN: 16-00024-0000-00001-1405