NOT LISTED FOR SALE

102 S Montpelier Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $404,000

0.17 Acre
$2,376,471 Price per Acre
7,405 Sq Ft Lot

Last Sold April 16, 2018

Last sale price $150,000

Est. 169% increase in value since last sale

Current estimated payment $2,470/month

1,170 Days on Market

About This Lot

As of April 2018

VERY INTERESTING OPPORTUNITY -2 lots beach block in the Chelsea area. Street to street. Between the ocean club and the AC Club Hotel. Formerly owned by Colony Capital - Call for specific details and explanation of current use! Don't miss out on an opportunity to be apart of this growing area. Call LA for details.

Last Agent to Sell the Property

Mary Lou Ferry

FARLEY and FERRY REALTY, INC Listed on: 01/01/2015

Co-Listed By

JOSEPH DI GIROLAMO, Jr.

FARLEY and FERRY REALTY, INC License #0453088

Last Buyer's Agent

Eileen Barker

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,142

Lot Details

  • 7,405 Sq Ft Lot
  • Building is beachfront but unit may not have water views
  • Cleared Lot
  • 2 Lots in the community

Community Details

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$4,142

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 6,001 To 10,000 Sqft
  • Special Features: Auction
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Lot Info

  • Location: Beach Block, Boardwalk Area
  • Lot Dimensions: 100 x 30 and 50 x 92
  • Number Of Acres: 0.17
  • Number Of Lots: Two
  • Topography: Cleared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
Apr 16, 2018
Sold by
Tjm Ac Hotel Llc
Bought by
Costas Corp
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Eileen Barker
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$380,000
Sold Price
$150,000
Premium/Discount to List
-$230,000
-60.53%
Current Estimated Value
$404,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,000
Avg. Annual Appreciation
13.96%

Purchase Details

Closed on
May 29, 2014
Sold by
Bpp Providence Acquisition Co Llc
Bought by
Tjm Ac Hotel Llc

Purchase Details

Closed on
Feb 3, 2014
Sold by
Rih Acquisitions Nj Llc
Bought by
Bpp Providence Acquisition Co Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Ballys Park Place Inc
Bought by
Rih Acquisitions Nj Llc
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
Costas Corp $150,000 The Title Co Of Jersey
Tjm Ac Hotel Llc $715,000 Chicago Title Co Llc
Bpp Providence Acquisition Co Llc $736,306 Chicago Title Co Llc
Rih Acquisitions Nj Llc $60,571,530 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $150,000 -60.5% --
01/01/2015 01/01/15 For Sale $380,000 -- --
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 $4,142 $120,000 $120,000 --
2024 $4,142 $120,000 $120,000 $0
2023 $4,532 $120,000 $120,000 $0
2022 $4,532 $120,000 $120,000 $0
2021 $4,681 $120,000 $120,000 $0
2020 $4,721 $120,000 $120,000 $0
2019 $6,414 $161,000 $161,000 $0
2018 $5,688 $161,000 $161,000 $0
2017 $5,508 $161,000 $161,000 $0
2016 $6,215 $161,000 $161,000 $0
2015 $3,052 $89,200 $89,200 $0
2014 $8,183 $244,400 $244,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Lou Ferry

    Seller's Agent in 2018

    Mary Lou Ferry

    FARLEY and FERRY REALTY, INC

    (609) 289-1139

    8 in this area

    89 Total Sales

    Mary Lou Ferry
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    JOSEPH DI GIROLAMO, Jr.

    FARLEY and FERRY REALTY, INC

    (609) 233-7773

    JOSEPH DI GIROLAMO, Jr.
    Section Image
  • Eileen Barker

    Buyer's Agent in 2018

    Eileen Barker

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 703-2273

    18 Total Sales

    Eileen Barker
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 442135

South Jersey Shore Regional MLS

APN: 02-00027-0000-00003

New Jersey Atlantic County Atlantic City 08401 Chelsea

102 S Montpelier Ave, Atlantic City, NJ

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