NOT LISTED FOR SALE

1115 Arctic Ave Atlantic City, NJ 08401

Westside Neighborhood

Estimated Value: $199,000 - $262,000

-- Bed
-- Bath
1,854 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $125,000 $67 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,464/month

About This Home

As of May 2022

Three story duplex in mixed zoning area, renovated in 2004. Possible conversion to commercial use. Fully rented month to month. Upstairs 3 bedroom has f/a heat & rented for $900. First floor one bedroom has electric baseboard heat & rented for $850. Tenants pay heat, electric. Landlord pays water & sewer. Nice investment property with good potential Showings by appointment only.

Last Agent to Sell the Property

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 10/27/2021

REALTY MARK ADVANTAGE

Last Buyer's Agent

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 10/27/2021

REALTY MARK ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,442

Lot Details

  • Lot Dimensions are 15x59

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,442

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 11/01/2021
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Heating: Baseboard, Electric, Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 15x59

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
May 31, 2022
Sold by
Tayoun David
Bought by
Suckerberg Laura
Seller's Agent
Geoff Rosenberger
REALTY MARK ADVANTAGE
Buyer's Agent
Geoff Rosenberger
REALTY MARK ADVANTAGE
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Current Estimated Value
$220,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,981
Avg. Annual Appreciation
18.85%
Original Mortgage
$93,750
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Anderson William C and Tayoun David
Bought by
Tayoun David

Purchase Details

Closed on
Jan 26, 2004
Sold by
Shore Investments Llc
Bought by
Anderson William C and Tayoun David

Purchase Details

Closed on
Sep 11, 2001
Sold by
Anderson William C and Tayoun David
Bought by
Shore Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 1993
Sold by
Fleishman Joanne
Bought by
Terrigino William and Terrigino Kathleen
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
Suckerberg Laura $125,000 Abramoff Steven M
Tayoun David $80,000 --
Anderson William C -- --
Shore Investments Llc $7,825 --
Terrigino William $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suckerberg Laura $93,750
Previous Owner Anderson William C $100,000
Previous Owner Anderson William C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $125,000 -13.8% $67 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $145,000 -- $78 / 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 $3,442 $99,700 $17,600 $82,100
2024 $3,442 $99,700 $17,600 $82,100
2023 $3,766 $99,700 $17,600 $82,100
2022 $3,766 $99,700 $17,600 $82,100
2021 $3,889 $99,700 $17,600 $82,100
2020 $5,319 $135,200 $17,600 $117,600
2019 $3,785 $95,000 $47,500 $47,500
2018 $3,886 $110,000 $60,000 $50,000
2017 $3,763 $110,000 $60,000 $50,000
2016 $4,246 $110,000 $60,000 $50,000
2015 $3,764 $110,000 $60,000 $50,000
2014 $3,683 $110,000 $60,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Geoff Rosenberger

    REALTY MARK ADVANTAGE

    (609) 385-7585

    1 in this area

    17 Total Sales

    Geoff Rosenberger
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557025

South Jersey Shore Regional MLS

APN: 02-00316-0000-00029

New Jersey Atlantic County Atlantic City 08401 Westside

1115 Arctic Ave, Atlantic City, NJ

This home is located at 1115 Arctic Ave, Atlantic City, NJ 08401 since 27 October 2021 and is currently estimated at $220,981, approximately $119 per square foot. 1115 Arctic Ave is a home located in Atlantic County with nearby schools including Pennsylvania Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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