NOT LISTED FOR SALE

Estimated Value: $247,727 - $302,000

-- Bed
-- Bath
1,664 Sq Ft
$168/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $160,000 $96 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,797/month

1 Day on Market

About This Home

As of June 2021

Location, Location! 2-family home located just one block away from the bus terminal and the Tanger outlets shopping center. Perfect set up to rent out one unit and keep the other for your primary residence of for your weekend getaways to Atlantic City! 3 blocks to the beach, boardwalk, and casinos. Each unit has 3 bedrooms and one bathroom. Separate gas heat and utilities for each makes this investment property more manageable.

Last Agent to Sell the Property

VINCENT SKALSKI

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 05/28/2021

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Last Buyer's Agent

VINCENT SKALSKI

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor Listed on: 05/28/2021

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,466

Lot Details

  • Lot Dimensions are 25 x 70

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Living Room
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,466

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Rugs
  • Lvt Date: 06/01/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Basement: Crawl Space
  • Other Rooms: Kitchen, Living Room

Exterior Features

  • Outside Features: Sidewalks
  • Siding Exterior: Vinyl

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 25 X 70

Rental Info

  • Rental Information: Lease Required, Monthly, Seasonal, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Tietje Craig A and Tietje Donald S
Bought by
Ye Yuanming
Current Estimated Value
$278,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,520
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 13, 2017
Closed on
May 31, 2017
Sold by
Gross Lawrece and Gross Jean
Bought by
Tietje Craig A and Tietje Co Donald E
Seller's Agent
Sheldon Grace
GRACE PROPERTIES
Buyer's Agent
Sheldon Grace
GRACE PROPERTIES
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.66%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Grace Lawrence
Bought by
Gross Lawrence and Gross Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.19%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Citicorp Mortgage
Bought by
Grace Lawrence T
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
Ye Yuanming $160,000 Title Company Of Jersey
Tietje Craig A $90,000 Surety Title Co Llc
Gross Lawrence $15,000 --
Grace Lawrence T $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ye Yuanming $146,520
Previous Owner Gross Lawrence $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $160,000 -5.9% $96 / Sq Ft
05/28/2021 05/28/21 For Sale $170,000 +88.9% $102 / Sq Ft
05/31/2017 05/31/17 Sold $90,000 0.0% $54 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $90,000 -- $54 / Sq Ft
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 $3,466 $100,400 $31,000 $69,400
2024 $3,466 $100,400 $31,000 $69,400
2023 $3,792 $100,400 $31,000 $69,400
2022 $3,792 $100,400 $31,000 $69,400
2021 $3,917 $100,400 $31,000 $69,400
2020 $3,950 $100,400 $31,000 $69,400
2019 $3,785 $95,000 $47,500 $47,500
2018 $4,770 $135,000 $70,000 $65,000
2017 $4,618 $135,000 $70,000 $65,000
2016 $5,211 $135,000 $70,000 $65,000
2015 $4,620 $135,000 $70,000 $65,000
2014 $4,520 $135,000 $70,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 551378

South Jersey Shore Regional MLS

APN: 02-00330-0000-00013