NOT LISTED FOR SALE

102 S Raleigh Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $1,087,000 - $1,383,000

-- Bed
-- Bath
3,452 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $750,000 $217 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,456/month

17 Days on Market

Highlights

  • Ocean View
  • Deck
  • Eat-In Kitchen
  • Building is beachfront but unit may not have water views
  • Porch
  • Living Room

About This Home

As of May 2021

Magnificent Beach Block Triplex . Top level 3 large bedrooms ,2 full baths ,Open Living and Dining room leads to a spacious front deck to enjoy your summer days and nights with Ocean views . Eat in Kitchen w/ granite ,Rear Deck . Hardwood Floors . Second level 3 large bedrooms , 1.5 Baths, Open Living and Dining room . Eat in Kitchen w/ granite . Front porch . Lower level 2 large bedrooms , Eat in Kitchen , Living room, Laundry room , 1 full bath . All separate utilities . Income producing property to help off set costs. Live year round or seasonally very comfortably. Property has had many upgrades overtime . This home is a must see!!! Garage , Off Street Parking .Beach and Boardwalk a stones throw away !!!

Last Agent to Sell the Property

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR License #SP-9483358 Listed on: 04/21/2021

BALSLEY/LOSCO-VENTNOR

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II License #0679612

BHHS FOX and ROACH-Margate II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,447

Lot Details

  • Lot Dimensions are 50 x 85
  • Building is beachfront but unit may not have water views

Home Design

  • Triplex

Interior Spaces

  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Off-Site Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

Overview

  • 3 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,447

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 04/21/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Other Rooms: Dining Room, Eat In Kitchen, Living Room

Exterior Features

  • Outside Features: Deck, Ocean View, Porch
  • Siding Exterior: Dryvit

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car, Off Site Parking

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Private
  • Water: Private
  • Water Heater: Gas, Electric

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View
  • Lot Dimensions: 50 x 85

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cable Tv

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 24, 2021
Sold by
Swarbrick Robert J
Bought by
De Company Llc
Seller's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,218,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,121
Avg. Annual Appreciation
12.18%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Swarbrick Robert J and Saad Linda
Bought by
Swarbrick Robert J

Purchase Details

Closed on
Jun 18, 2010
Sold by
Swarbrick Robert J
Bought by
Swarbrick Robert J and Saad Linda

Purchase Details

Closed on
May 2, 2000
Sold by
Hogan Maureen
Bought by
Monteagudo Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.19%
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
De Company Llc $750,000 None Available
Swarbrick Robert J -- None Available
Swarbrick Robert J -- None Available
Monteagudo Martha $265,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swarbrick Robert $165,600
Previous Owner Swarbrick Robert $600,000
Previous Owner Monteagudo Martha $217,500
Previous Owner Monteagudo Martha $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $750,000 -3.2% $217 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $775,000 0.0% $225 / Sq Ft
04/15/2021 04/15/21 Rented -- -- --
03/16/2021 03/16/21 For Rent $1,300 +8.3% --
04/01/2020 04/01/20 Rented -- -- --
11/30/2019 11/30/19 For Rent $1,200 -- --
07/15/2016 07/15/16 Rented -- -- --
06/15/2016 06/15/16 Under Contract -- -- --
03/15/2016 03/15/16 For Rent -- -- --
07/11/2013 07/11/13 Rented -- -- --
06/11/2013 06/11/13 Under Contract -- -- --
05/05/2013 05/05/13 For Rent -- -- --
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
2024 $21,447 $621,300 $240,000 $381,300
2023 $23,467 $621,300 $240,000 $381,300
2022 $23,467 $621,300 $240,000 $381,300
2021 $24,237 $621,300 $240,000 $381,300
2020 $24,442 $621,300 $240,000 $381,300
2019 $24,757 $621,400 $400,000 $221,400
2018 $21,954 $621,400 $400,000 $221,400
2017 $21,258 $621,400 $400,000 $221,400
2016 $23,986 $621,400 $400,000 $221,400
2015 $21,264 $621,400 $400,000 $221,400
2014 $20,804 $621,400 $400,000 $221,400
Source: Public Records

Agents Affiliated with this Home

  • Donna Palazzo-Burnside

    Seller's Agent in 2021

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    4 in this area

    49 Total Sales

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  • Dana Hartman

    Buyer's Agent in 2021

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    6 in this area

    206 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Stuart Gluck

    Solei SIR Margate

    (601) 456-1189

    3 Total Sales

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  • Danielle Collette

    Buyer's Agent in 2020

    Danielle Collette

    BALSLEY/LOSCO-VENTNOR

    (609) 338-8072

    1 in this area

    99 Total Sales

    Section Image
  • Diane Ciliberti

    Seller's Agent in 2016

    Diane Ciliberti

    BHHS Fox & Roach

    (215) 768-8763

    2 in this area

    19 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 549716

South Jersey Shore Regional MLS

APN: 02-00011-0000-00012

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

102 S Raleigh Ave, Atlantic City, NJ

This home is located at 102 S Raleigh Ave, Atlantic City, NJ 08401 since 21 April 2021 and is currently estimated at $1,218,121, approximately $352 per square foot. 102 S Raleigh Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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