NOT LISTED FOR SALE

9801 Atlantic Ave Unit 3 Margate City, NJ 08402

Estimated Value: $592,000 - $675,000

2 Beds
1 Bath
-- Sq Ft
4,312 Sq Ft Lot

Last Sold October 24, 2019

Last sale price $325,000

Est. 97% increase in value since last sale

Current estimated payment $3,858/month

126 Days on Market

Highlights

  • Water Views
  • Deck
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • 3-minute walk to 33rd Avenue Playground Longport

About This Home

As of October 2019

PICTURESQUE Ocean Views greet you from this second floor Jersey Shore oasis. Beautifully appointed and freshly updated condo sure to fit anyone's coastal lifestyle and flair! A spacious 2 bedroom 1 bath condo, great for both relaxing and entertaining.Enjoy the morning sunrise on your outdoor porch while listening to the waves sipping a cup of coffee. Low Taxes, Pet Friendly, Fully Furnished. Pack you bags and come stay with us.

Last Agent to Sell the Property

Rachel Bachman

NEW ERA REAL ESTATE-B Listed on: 06/03/2019

NEW ERA REAL ESTATE-B

Co-Listed By

Michael Siligato

NEW ERA REAL ESTATE-B License #1970496

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Michael Siligato

NEW ERA REAL ESTATE-B License #1970496

NEW ERA REAL ESTATE-B

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,551

Year Built

  • Built in 1956

Lot Details

  • 4,312

Parking

  • 1 Parking Space

Home Design

  • Brick Front

Interior Spaces

  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include insurance, maintenance
  • Seaview Beach Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,551

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Also Includes: Blinds, Drapes, Furnished, Rugs
  • Lvt Date: 06/03/2019
  • Year Built: 1956
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit, Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Breakfast Nook
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Brick Face, Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Condo Name: Seaview Beach
  • Management: Association

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Oct 14, 2019
Sold by
Culen John Michael and Culen Amanda L
Bought by
Margate Adventures Llc
Seller's Agent
Rachel Bachman
NEW ERA REAL ESTATE-B
Buyer's Agent
Michael Siligato
NEW ERA REAL ESTATE-B
List Price
$344,900
Sold Price
$325,000
Premium/Discount to List
-$19,900
-5.77%
Current Estimated Value
$639,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,721
Avg. Annual Appreciation
11.99%

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jun 27, 2018
Sold by
Claffone Gerald N and Ciaffone Nicole M
Bought by
Culen John Michael
Seller's Agent
Neil Cohen
NEW ERA REAL ESTATE-B
Buyer's Agent
Neil Cohen
NEW ERA REAL ESTATE-B
List Price
$315,000
Sold Price
$270,000
Premium/Discount to List
-$45,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%
Original Mortgage
$243,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
Devine Robert
Bought by
Ciaffone Gerald and Ciaffone Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.6%

Purchase Details

Closed on
Feb 9, 2006
Sold by
Devine Robert
Bought by
Devine Robert and Devine June

Purchase Details

Closed on
Nov 5, 2003
Sold by
Martin Anne
Bought by
Devine Robert and Devine June Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2003
Sold by
Seaview Properties Llc
Bought by
Martin Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Margate Adventures Llc $325,000 Frst Choice Abstract
Culen John Michael $270,000 City Abstract Llc
Ciaffone Gerald -- --
Devine Robert -- --
Devine Robert $365,000 --
Devine Robert $365,000 Independence Abstract & Titl
Martin Anne $237,500 --
Martin Anne $237,500 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culen John Michael $243,000
Previous Owner Ciaffone Gerald $357,000
Previous Owner Devine Robert $346,750
Previous Owner Martin Anne $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2019 10/24/19 Sold $325,000 -5.8% --
10/16/2019 10/16/19 For Sale $344,900 0.0% --
10/16/2019 10/16/19 Price Changed $344,900 -9.2% --
10/07/2019 10/07/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $379,900 -2.6% --
07/22/2019 07/22/19 Price Changed $389,900 -2.5% --
06/03/2019 06/03/19 For Sale $399,900 +48.1% --
06/22/2018 06/22/18 Sold $270,000 -14.3% -- View Prior Sale
12/13/2017 12/13/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $315,000 -- --
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 $5,551 $325,000 $202,400 $122,600
2024 $5,551 $325,000 $202,400 $122,600
2023 $5,129 $325,000 $202,400 $122,600
2022 $5,129 $325,000 $202,400 $122,600
2021 $5,555 $357,000 $202,400 $154,600
2020 $5,474 $353,600 $202,400 $151,200
2019 $5,453 $353,600 $202,400 $151,200
2018 $5,527 $353,600 $202,400 $151,200
2017 $5,534 $353,600 $202,400 $151,200
2016 $5,346 $353,600 $202,400 $151,200
2015 $5,262 $353,600 $202,400 $151,200
2014 $5,163 $353,600 $202,400 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 523192

South Jersey Shore Regional MLS

APN: 16-00032-02-00003-0000-C0003