NOT LISTED FOR SALE

9801 Ventnor Ave Unit B-1 Margate City, NJ 08402

Estimated Value: $352,675 - $441,000

2 Beds
1.5 Baths
622 Sq Ft
$250/mo HOA Fee

Last Sold December 04, 2020

Last sale price $209,900 $337 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,678/month

53 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Ceiling Fan
  • William H. Ross III Intermediate School Rated A-
  • Forced Air Heating and Cooling System
  • Community Storage Space

About This Home

As of December 2020

Location location location! It does not get any better than this! Enjoy the best part of Margate in your new condo. Quiet neighborhood, only 2 short blocks to the beach and within walking distance to all the best restaurants and shops! Inviting 2 bedroom 1.5 bath second floor condo. Move right in, this fully renovated condo is the perfect getaway. Newer AC and hot water heater, new carpet. Only 6 units in the well maintained and updated building - recently replaced siding, insulation and roof! Low maintenance fee of $250/month covers all insurances. Low taxes too! Pet friendly, ground floor storage and laundry facility. Shared deck. All you need to do is relax and have fun!

Last Agent to Sell the Property

DMITRY DOMBROVSKY

Real Broker, LLC License #1538534 Listed on: 08/28/2020

Real Broker, LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1982

Lot Details

  • 17

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 622 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Eat-In Kitchen
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 16-00232-00004-C0B1

Community Details

Overview

  • Association fees include all ground fee, insurance
  • Low-Rise Condominium
  • Coolidge Place Condo Association Condos
  • Coolidge Place Condo Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,472

Year Built

Built in 1982

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: Personal belongings
  • Inclusions: All existing appliances
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Location location location! It does not get any better than this! Enjoy the best part of Margate in your new condo. Quiet neighborhood, only 2 short blocks to the beach and within walking distance to all the best restaurants and shops! Inviting 2 bedroom 1.5 bath second floor condo. Move right in, this fully renovated condo is the perfect getaway. Newer AC and hot water heater, new carpet. Only 6 units in the well maintained and updated building - recently replaced siding, insulation and roof! Low maintenance fee of $250/month covers all insurances. Low taxes too! Pet friendly, ground floor storage and laundry facility. Shared deck. All you need to do is relax and have fun!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Common, Lower Floor
  • Total Sq Ft: 622
  • Living Area Sq Ft: 622
  • Price Per Sq Ft: 337.46
  • Above Grade Finished Sq Ft: 622
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9801

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Coolidge Place Condo Association
  • HOA Condo Co-Op Amenities: Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • School District: MARGATE CITY SCHOOLS
  • School District Key: 300200396917
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2020
  • Zoning: MF

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2472.00
  • Assessor Parcel Number: 16-00232-00004-C0B1
  • Tax Lot: 00004
  • Tax Total Finished Sq Ft: 622
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 12/04/2020

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 2, 2020
Sold by
Rafferty Rachel and Young Gregory
Bought by
Barbers Lori
Seller's Agent
DMITRY DOMBROVSKY
Real Broker, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$214,900
Sold Price
$209,900
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$395,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,269
Avg. Annual Appreciation
15.19%
Original Mortgage
$146,930
Outstanding Balance
$132,011
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$266,799

Purchase Details

Closed on
May 10, 2005
Sold by
9801 Ventnor Avenue Llc
Bought by
Young Gregory and Rafferty Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 14, 2000
Sold by
Erika Properties Inc
Bought by
Southern Shore Properties Inc
Source: Public Records

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Range of Values:

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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
Barbers Lori $209,900 Infinity Title
Young Gregory $209,000 Commonwealth Land Title Insu
Southern Shore Properties Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbers Lori $146,930
Previous Owner Young Gregory $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $209,900 0.0% $337 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $209,900 -2.3% $337 / Sq Ft
09/11/2020 09/11/20 For Sale $214,900 0.0% $345 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $214,900 -- $345 / Sq Ft
Source: Bright 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
2024 $2,728 $159,700 $56,000 $103,700
2023 $2,520 $159,700 $56,000 $103,700
2022 $2,520 $159,700 $56,000 $103,700
2021 $2,485 $159,700 $56,000 $103,700
2020 $2,472 $159,700 $56,000 $103,700
2019 $2,463 $159,700 $56,000 $103,700
2018 $2,496 $159,700 $56,000 $103,700
2017 $2,499 $159,700 $56,000 $103,700
2016 $2,415 $159,700 $56,000 $103,700
2015 $2,376 $159,700 $56,000 $103,700
2014 $2,332 $159,700 $56,000 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC114670

Bright MLS

APN: 16-00232-0000-00004-0000-C0B1