NOT LISTED FOR SALE

Estimated Value: $110,000 - $127,000

-- Bed
1 Bath
264 Sq Ft
1970 Built

Last Sold October 07, 2022

Last sale price $99,000 $375 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $798/month

Highlights

  • 1,000 Feet of Waterfront
  • Water Oriented
  • Furnished
  • Ocean View
  • Corner Lot
  • Efficiency Studio

About This Home

As of February 2024

Do you DREAM about ocean views? Do you DREAM about living on the boardwalk? Do you DREAM about living steps away from the beach? Well, let's make those dreams a reality! This is a 3rd floor corner unit Studio right on the boardwalk, in the highly sought after Island Club of Atlantic City. You are literally steps away from the beach, while with-in walking distances to the Casinos and nightlife. This Studio condo comes complete with panoramic windows, a kitchenette, a full bath and best of all - it comes completely furnished. You will have a parking space in a gated parking lot for added security. However, to make this coastal haven yours, there are a few criteria to meet per HOA regulations:

* A minimum credit score of 725 is required.
* No pets or smoking are allowed.
* No prior evictions on record.
* Prospective tenants should have an income at least 2.5 times the monthly rent.

*** If you meet these requirements, we invite you to join us for an Open Tour of this exquisite property on Saturday, 1/6/24, at 11 am sharp. Let's turn your dreams of oceanfront living into a reality – all that's left to do is move in and unpack!

Last Agent to Rent the Property

Kyle Griffin

EXP Realty, LLC Listed on: 12/23/2023

EXP Realty, LLC

Co-Listed By

Carlo Drogo

EXP Realty, LLC

EXP Realty, LLC

Last Renter's Agent

Carlo Drogo

EXP Realty, LLC

EXP Realty, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1970

Home Design

  • Entry on the 3rd floor
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 264 Sq Ft Home
  • Property has 4 Levels
  • Furnished
  • Combination Dining and Living Room
  • Efficiency Studio
  • Kitchenette
  • Ocean Views

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space
  • Fenced Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • 1,000 Feet of Waterfront

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,350
  • Tenant pays for cable TV
  • Rent includes electricity, furnished, heat, sewer, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 1/31/24
  • $40 Application Fee
  • Assessor Parcel Number 02-00027-00005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include electricity, heat, parking fee, water, sewer
  • Island Club HOA
  • Low-Rise Condominium

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,006

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Date Available: 2024-01-31
  • Application Fee: 40.00
  • Furnished: Yes
  • Pets Allowed: No
  • Rent Includes: Electricity, Furnished, Heat, Sewer, Water
  • Security Deposit: 1350.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Efficiency, Kitchenette, Studio
  • Fireplace: No
  • Levels Count: 4
  • Room Count: 2
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 264
  • Living Area Sq Ft: 264
  • Price Per Sq Ft: 3.41
  • Above Grade Finished Sq Ft: 264
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: Ocean
  • Water Access: No
  • Water Body Type: Ocean
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes
  • Water Frontage In Feet: 1000

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Fenced
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • HOA Condo Co-Op Fee Includes: Electricity, Heat, Parking Fee, Water, Sewer
  • HOA Name: ISLAND CLUB
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Dimensions: 92.17 x 0.00
  • Lot Size Units: Square Feet
  • Zoning: RS-C

Tax Info

  • Assessor Parcel Number: 02-00027-00005
  • Close Date: 02/01/2024

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 6, 2022
Sold by
Gallagher Michael and Gallagher Lynn
Bought by
Bernardini Geraldine
Seller's Agent
Jo Ann Daly
Re/Max Select
Buyer's Agent
Carlo Drogo
eXp Realty - Montclair
List Price
$99,000
Sold Price
$99,000
Views
23
Current Estimated Value
$118,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,458
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Piatigorsky Edward
Bought by
Marc Caccavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2001
Sold by
Broad Jack M and Broad Shirley
Bought by
Piatigorsky Edward and Piatigorsky Rachel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bernardini Geraldine $99,000 None Listed On Document
Bernardini Geraldine $99,000 None Listed On Document
Marc Caccavo $125,000 --
Marc Caccavo $125,000 --
Piatigorsky Edward $31,000 --
Piatigorsky Edward $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marc Caccavo $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $900 0.0% --
01/24/2024 01/24/24 Under Contract -- -- --
12/23/2023 12/23/23 For Rent $900 0.0% --
10/07/2022 10/07/22 Sold $99,000 0.0% --
09/07/2022 09/07/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $99,000 +37.5% --
01/28/2022 01/28/22 Sold $72,000 -9.9% --
01/06/2022 01/06/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $79,900 0.0% --
11/17/2021 11/17/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $79,900 -3.2% --
09/28/2021 09/28/21 For Sale $82,500 -- --
Source: Bright 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 $2,006 $58,100 $15,000 $43,100
2024 $2,006 $58,100 $15,000 $43,100
2023 $2,194 $58,100 $15,000 $43,100
2022 $2,194 $58,100 $15,000 $43,100
2021 $2,266 $58,100 $15,000 $43,100
2020 $2,286 $58,100 $15,000 $43,100
2019 $2,191 $55,000 $27,500 $27,500
2018 $1,943 $55,000 $27,500 $27,500
2017 $1,882 $55,000 $27,500 $27,500
2016 $2,123 $55,000 $27,500 $27,500
2015 $1,882 $55,000 $27,500 $27,500
2014 $1,841 $55,000 $27,500 $27,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2010734

Bright MLS

APN: 02-00027-0000-00005-0000-C0320