A
Seller's Agent in 2023
ANASTATIA MERKEL
FARLEY and FERRY REALTY, INC
(732) 330-1647
1 in this area
2 Total Sales
1 S Bartram Ave Unit 3 Atlantic City, NJ 08401
Lower Chelsea NeighborhoodEstimated Value: $429,000 - $500,000
3
Beds
2
Baths
1,940
Sq Ft
1,960
Sq Ft Lot
Highlights
- Multiple Fireplaces
- Wood Flooring
- Shades
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Eat-In Kitchen
About This Home
As of June 2023Back on the Market at a great price! Step back in time to this 1,940 square foot, vintage era condominium located in the very desirable Atlantic City's Historic Lower Chelsea Neighborhood, just blocks south of the Stockton University District and a short walk to the vibrant life of Ventnor North Beach. Just two blocks to the ocean/boardwalk. This is truly one of the most unique condominiums on the South Jersey Shore. Step through the front foyer, and you are greeted by the grand, hardwood staircase rimmed with beautiful marble. This second floor spacious three-bedroom, two full bath home features two gas fireplaces that provide comfort and warmth on chilly ocean nights. Relax with your morning coffee or an evening with a glass of wine on the enclosed tree-lined "sun porch" that is filled with ambient light. Dine like the "gentle-people" of the gilded age in the elegant and spacious dining room, rimmed with beautiful crown molding, antique wall sconces, a classic chandelier and large, city view windows. The renovated kitchen has granite countertops, stainless steel appliances, a gas range and an enclosed wine cooler. A front-loading washer/dryer is encased beneath a granite countertop. The small back porch is perfect for relaxing and breathing in the fresh ocean air. Both bathrooms have been upgraded, with the primary bath just completed in February 2022. The private garage is perfect for secure parking or for storing your beach buggy, chairs and bikes. In addition, the large basement provides ample storage space for all your needs. The desirable Bartram Avenue Beach, recently upgraded with new showers and restrooms on the famed Atlantic City Boardwalk is a mere two blocks away! HOA fees include: Professional Property Management, Water/Sewer, Hot Water, Landscaping, Trash Removal, and both Liability and Flood Insurance. This home has true "Wow" appeal. Hardwood floors, soaring ceilings and beautiful crown molding throughout every room. Ceiling fans in all three bedrooms. Perfect for your Shore House or all year living. Call listing agent for a showing now, this unique home will not last long.
Last Agent to Sell the Property
FARLEY and FERRY REALTY, INC License #8340317 Listed on: 04/01/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,149
Year Built
- Built in 1930
Lot Details
- 1,960
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Gas Log Fireplace
- Shades
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Wood Flooring
- Burglar Security System
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Gas Water Heater
Community Details
Overview
- Association fees include insurance, sewer, trash, water, hot water
- Stonehurst Condos
Amenities
- Community Storage Space
Recreation
- Community Boardwalk
Pet Policy
- Pets Allowed with Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2023
Closed on
Jun 9, 2023
Sold by
Merkel Lewis and Merkel Anastatia
Bought by
Bessemer Erica
Seller's Agent
ANASTATIA MERKEL
FARLEY and FERRY REALTY, INC
Buyer's Agent
Alexander Huffard
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%
Views
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,829
Avg. Annual Appreciation
10.23%
Original Mortgage
$185,000
Outstanding Balance
$180,053
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$292,776
Purchase Details
Closed on
Jan 31, 2005
Sold by
Maguire James
Bought by
Merkel Anastatia and Merkel Lewis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 10, 1997
Sold by
Weidner William
Bought by
Maguire James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,400
Interest Rate
7.46%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bessemer Erica | $375,000 | Infinity Title | |
| Merkel Anastatia | $250,000 | -- | |
| Merkel Anastatia | $250,000 | -- | |
| Maguire James M | $66,000 | The Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bessemer Erica | $185,000 | |
| Previous Owner | Merkel Anastatia | $200,000 | |
| Previous Owner | Maguire James M | $59,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $375,000 | -10.7% | $193 / Sq Ft |
| 04/01/2023 04/01/23 | For Sale | $420,000 | -- | $216 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $7,149 | $207,100 | $65,000 | $142,100 |
| 2024 | $7,149 | $207,100 | $65,000 | $142,100 |
| 2023 | $6,666 | $176,500 | $65,000 | $111,500 |
| 2022 | $6,666 | $176,500 | $65,000 | $111,500 |
| 2021 | $6,885 | $176,500 | $65,000 | $111,500 |
| 2020 | $6,944 | $176,500 | $65,000 | $111,500 |
| 2019 | $5,976 | $150,000 | $50,000 | $100,000 |
| 2018 | $5,300 | $150,000 | $50,000 | $100,000 |
| 2017 | $5,132 | $150,000 | $50,000 | $100,000 |
| 2016 | $8,106 | $210,000 | $85,000 | $125,000 |
| 2015 | $7,186 | $210,000 | $85,000 | $125,000 |
| 2014 | $8,517 | $254,400 | $85,000 | $169,400 |
Source: Public Records
Agents Affiliated with this Home
-
ANASTATIA MERKEL
-
Alexander Huffard
Buyer's Agent in 2023
Alexander Huffard
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
(609) 602-0499
3 in this area
105 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 572662
APN: 02-00206-0000-00001-0000-C0103
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