NOT LISTED FOR SALE

Margate City, NJ 08402

Estimated Value: $651,784 - $749,000

2 Beds
1 Bath
-- Sq Ft
0.29 Acres

Last Sold June 07, 2013

Last sale price $265,000

Est. 162% increase in value since last sale

Current estimated payment $4,059/month

60 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Bathroom on Main Level
  • Ceiling Fan

About This Home

As of June 2013

Southside 2 bedroom condo at a great price! Only 1-1/2 blocks to Margate's pristine beach. Fabulous location! Walk to restaurants, shopping, Wawa and CVS. Spacious, open layout featuring replacement windows, new storm door, crown molding, & ceiling fans. Wainscoting throughout the unit adds a touch of elegance. Fully equipped kitchen, including washer & dryer. Furniture is negotiable. Enjoy the afternoon sun on the private deck. Plus...this complex is pet friendly.

Last Agent to Sell the Property

EILEEN CIOFFI

BHHS FOX and ROACH-Margate Listed on: 03/09/2013

BHHS FOX and ROACH-Margate

Last Buyer's Agent

KATHY PACK

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Lot Details

  • 0.29

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include insurance, maintenance, trash
  • Adams Terrace Condos

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: Size: Area, On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Trash
  • Condo Name: Adams Terrace
  • Management: Association

Multi Family

  • Unit Features: Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Farish James F and Farish Stacey R
Bought by
Cahill Kimberly and Oshea Kevin
Current Estimated Value
$693,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$403,678
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$287,018

Purchase Details

Closed on
Jul 19, 2021
Sold by
Kaye Frederick W and Kaye Gail
Bought by
Farish James F and Farish Stacey R

Purchase Details

Listed on
Mar 9, 2013
Closed on
Jun 7, 2013
Sold by
Nerenberg Sheldon G
Bought by
Kaye Fredeick W and Kaye Gail
Seller's Agent
EILEEN CIOFFI
BHHS FOX and ROACH-Margate
Buyer's Agent
KATHY PACK
BHHS FOX and ROACH-Margate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$110,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 1999
Sold by
Scherzer Harold and Scherzer Naomi
Bought by
Nerenberg Sheldon G and Nerenberg Arlene I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1991
Sold by
Malone M Dureka J
Bought by
Scherzer Harold and Scherzer Naomi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cahill Kimberly $520,000 None Listed On Document
Farish James F $395,000 Surety Title Company Llc
Kaye Fredeick W $265,000 Multiple
Nerenberg Sheldon G $107,500 The Title Company
Scherzer Harold $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahill Kimberly $416,000
Previous Owner Kaye Fredeick W $110,000
Previous Owner Nerenberg Sheldon G $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2013 06/07/13 Sold $265,000 0.0% --
05/08/2013 05/08/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $265,000 -- --
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 $4,922 $288,200 $154,700 $133,500
2024 $4,922 $288,200 $154,700 $133,500
2023 $4,548 $288,200 $154,700 $133,500
2022 $4,548 $288,200 $154,700 $133,500
2021 $4,484 $288,200 $154,700 $133,500
2020 $4,461 $288,200 $154,700 $133,500
2019 $4,444 $288,200 $154,700 $133,500
2018 $4,505 $288,200 $154,700 $133,500
2017 $4,510 $288,200 $154,700 $133,500
2016 $4,358 $288,200 $154,700 $133,500
2015 $4,288 $288,200 $154,700 $133,500
2014 $4,208 $288,200 $154,700 $133,500
Source: Public Records

Agents Affiliated with this Home

  • EILEEN CIOFFI

    Seller's Agent in 2013

    EILEEN CIOFFI

    BHHS Fox & Roach

    (609) 226-2286

    13 in this area

    25 Total Sales

    EILEEN CIOFFI
    Section Image

  • K

    Buyer's Agent in 2013

    KATHY PACK

    BHHS Fox & Roach

    (609) 442-2375

    3 in this area

    18 Total Sales

    KATHY PACK
    Section Image
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Source: South Jersey Shore Regional MLS

MLS Number: 407925

South Jersey Shore Regional MLS

APN: 16-00127-0000-00211-0000-C004

New Jersey Atlantic County Margate City

08402

Not Listed for Sale

Condos

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