NOT LISTED FOR SALE

9506 Ventnor Ave Unit 3 Margate City, NJ 08402

Estimated Value: $493,000 - $508,000

2 Beds
1.5 Baths
-- Sq Ft
6.25 Acres

Last Sold September 09, 2020

Last sale price $247,500

Est. 102% increase in value since last sale

Current estimated payment $2,937/month

283 Days on Market

Highlights

  • Property is near a marina
  • Ground Level Unit
  • Baseboard Heating
  • William H. Ross III Intermediate School Rated A-
  • Zoned Cooling
  • Community Storage Space

About This Home

As of September 2020

Highly sought after first floor condo just 2 blocks from the beach. Walking distance to restaurants, shopping, Wawa and CVS. Condo has been immaculately maintained. 2 bedrooms, 1 1/2 bath with walk in shower. Sun lit kitchen and living room. New paint, doors, crown molding, upgraded electrical panel and a ductless air system with wi-fi control round out this beauty. Storage for beach chairs and bicycle rack in the newly paved parking lot. A parking space, hot water, heat, flood insurance, trash, snow removal and landscaping are included in the low condo fees for this pet friendly unit. The Association has recently replaced the roof and heaters. Brand new state of art ductless air condition system. Don't miss this one!

Last Agent to Sell the Property

Sheila Chapman

FARLEY and FERRY REALTY, INC License #7836512 Listed on: 10/26/2019

Last Buyer's Agent

Melissa Anthony

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details

Home Type

  • Condominium

Lot Details

  • 6.25

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Blinds

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Property is near a marina
  • Ground Level Unit

Community Details

Overview

  • Association fees include insurance, management, trash, hot water, heat
  • Colonial Arms Condos

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Also Includes: Blinds
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Storage Facility

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Management, Trash, Hot Water, Heat
  • Condo Name: Colonial Arms
  • Management: Off-Site Professionals

Lot Info

  • Location: Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2019
Closed on
Sep 3, 2020
Sold by
Karpf Fredric S and Karpf Jennifer K
Bought by
Levin Larry L and Levin Nancy I
Seller's Agent
Sheila Chapman
FARLEY and FERRY REALTY, INC
Buyer's Agent
Melissa Anthony
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$267,000
Sold Price
$247,500
Premium/Discount to List
-$19,500
-7.3%
Current Estimated Value
$500,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,067
Avg. Annual Appreciation
14.30%

Purchase Details

Listed on
Aug 28, 2014
Closed on
Mar 30, 2015
Sold by
Pelberg Merryl P
Bought by
Karpf Fredric S and Karpf Jennifer K
Seller's Agent
Judi Cohen
BHHS FOX and ROACH-Margate
Buyer's Agent
Sheila Chapman
FARLEY and FERRY REALTY, INC
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Nov 15, 2000
Sold by
Stander Evelyn
Bought by
Pelberg Joseph and Pelberg Merryl P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1996
Sold by
Stander Leonard and Stander Evelyn
Bought by
Stander Evelyn
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
Levin Larry L $247,500 Surety Title Company Llc
Karpf Fredric S $210,000 Surety Title
Pelberg Joseph $96,000 The Title Company
Stander Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelberg Joseph $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2020 09/09/20 Sold $247,500 -2.9% --
08/04/2020 08/04/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $255,000 -2.7% --
02/01/2020 02/01/20 Price Changed $262,000 -1.9% --
10/26/2019 10/26/19 For Sale $267,000 +27.1% --
03/30/2015 03/30/15 Sold $210,000 0.0% -- View Prior Sale
03/07/2015 03/07/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $210,000 -- --
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 $3,652 $213,800 $142,500 $71,300
2024 $3,652 $213,800 $142,500 $71,300
2023 $3,374 $213,800 $142,500 $71,300
2022 $3,374 $213,800 $142,500 $71,300
2021 $3,327 $213,800 $142,500 $71,300
2020 $3,310 $213,800 $142,500 $71,300
2019 $3,238 $210,000 $142,500 $67,500
2018 $3,282 $210,000 $142,500 $67,500
2017 $3,287 $210,000 $142,500 $67,500
2016 $3,673 $242,900 $142,500 $100,400
2015 $3,881 $260,800 $142,500 $118,300
2014 $3,808 $260,800 $142,500 $118,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sheila Chapman

    FARLEY and FERRY REALTY, INC

    (609) 287-1921

    5 in this area

    5 Total Sales

    Sheila Chapman
    Section Image
  • Melissa Anthony

    Buyer's Agent in 2020

    Melissa Anthony

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 412-8550

    5 in this area

    104 Total Sales

    Melissa Anthony
    Section Image
  • Judi Cohen

    Seller's Agent in 2015

    Judi Cohen

    BHHS Fox & Roach

    (609) 513-2303

    26 in this area

    75 Total Sales

    Judi Cohen
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 529806

South Jersey Shore Regional MLS

APN: 16-00129-0000-00053-3

New Jersey Atlantic County Margate City 08402

9506 Ventnor Ave Unit 3, Margate City, NJ

Not Listed for Sale

Condos

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