NOT LISTED FOR SALE

Estimated Value: $889,000 - $1,347,000

3 Beds
3.5 Baths
4,080 Sq Ft
$269/Sq Ft Est. Value

Highlights

  • Building is beachfront but unit may not have water views
  • Furnished
  • Central Air
  • Wood Flooring
  • Burglar Security System

About This Home

As of August 2020

FANTASTIC Beach Block ground level apartment in the lovely Chelsea South section of Atlantic City. Brand New Totally Redone! Super Clean and ready for you. Three bedrooms, three full baths, one half bathroom. Kitchen is custom and super modern and features stainless steel appliances. There is a laundry room with a over sized washer and dryer. Plenty of storage. The apartment is located 6 houses from the beautiful boardwalk and beaches. Easy walk to Ventnor to enjoy a nice dinner.

Last Agent to Rent the Property

Sharon Bulgarelli

BHHS FOX and ROACH-Margate License #2075801 Listed on: 07/25/2020

BHHS FOX and ROACH-Margate

Last Renter's Agent

Mary Ann Wagner

WAGNER REAL ESTATE GROUP License #0228300

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,178

Year Built

  • 1912

Lot Details

  • Building is beachfront but unit may not have water views

Interior Spaces

  • Furnished
  • Wood Flooring
  • Burglar Security System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,178

Year Built

1912

Lot Details

0

Rental Info

  • Pets Allowed: Will Consider
  • Furnished: Yes
  • Lease Duration Options: Yearly, Winter
  • Lease Duration: Yearly
  • Annual Price per Month: 1990
  • Winter Price: 1990
  • Sleeps Number: 6

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 07/25/2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Hardwood
  • Bedrooms: 3
  • Bedroom 1: On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Lower
  • Bathroom 3 Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Powder Room Level: Lower

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2017
Sold by
Ajs Enterprises Llc
Bought by
Classic Mgt Llc
Current Estimated Value
$1,097,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,990
Outstanding Balance
$687,246
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,485

Purchase Details

Closed on
Oct 12, 2005
Sold by
Barish Arlene
Bought by
Wallmer Jeffrey and Wallmer Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Conover Associates
Bought by
Ajs Enterprises Llc

Purchase Details

Closed on
Dec 23, 2002
Sold by
Barish David N and Barish Arlene
Bought by
Barish Arlene
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
Classic Mgt Llc -- Surety Title Co Llc
Wallmer Jeffrey $700,000 --
Ajs Enterprises Llc $2,000,000 Commonwealth Title
Barish Arlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallner Jason $614,000
Open Classic Mgt Llc $999,990
Previous Owner Wallner Jason $642,000
Previous Owner Wallmer Jeffrey $630,000
Previous Owner Barish David N $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Rented -- -- --
07/25/2020 07/25/20 For Rent $1,990 -- --
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 $15,178 $439,700 $220,600 $219,100
2023 $16,607 $439,700 $220,600 $219,100
2022 $16,607 $439,700 $220,600 $219,100
2021 $17,153 $439,700 $220,600 $219,100
2020 $17,298 $439,700 $220,600 $219,100
2019 $16,932 $425,000 $250,000 $175,000
2018 $15,015 $425,000 $250,000 $175,000
2017 $14,539 $425,000 $250,000 $175,000
2016 $16,405 $425,000 $250,000 $175,000
2015 $14,544 $425,000 $250,000 $175,000
2014 $14,229 $425,000 $250,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539710

South Jersey Shore Regional MLS

APN: 02-00008-0000-00003