NOT LISTED FOR SALE

1118 Drexel Ave Atlantic City, NJ 08401

Westside Neighborhood

Estimated Value: $277,367 - $357,000

3 Beds
2.5 Baths
1,624 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $230,000 $142 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,966/month

83 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Porch
  • Tile Flooring

About This Home

As of November 2022

14 years young, very well maintained and clean, end unit Townhouse, turn key move in ready, 3 bedroom 2.5 bath beauty, up stair nice size bedrooms and large master bedroom, ceramic tiles bath. front porch, 2 cars rear parking with driveway and backyard. Conveniently located to boardwalk, beach, casinos, the Walk shopping, and restaurants. Ideally for Airbnb. PRICE REDUCED FOR QUICK SALE Showing by appointment only.

Last Agent to Sell the Property

LAN DANG

BLOOM REALTY CO Listed on: 06/29/2022

Last Buyer's Agent

Fatemeh Mohseni

BALSLEY/LOSCO

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,431

Lot Details

  • Lot Dimensions are 30x95
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Storm Screens
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,431

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 11 To 15 Years
  • Lvt Date: 06/29/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Tile, W/W Carpet
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Laundry/Utility Room

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Vinyl
  • Storm Screens: Combination, Insulated Glass, Storms

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 30x95
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Nov 4, 2022
Sold by
Vu Thuy
Bought by
Drexel Estates Llc
Seller's Agent
LAN DANG
BLOOM REALTY CO
Buyer's Agent
Fatemeh Mohseni
BALSLEY/LOSCO
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%
Views
2
Current Estimated Value
$310,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,592
Avg. Annual Appreciation
11.16%
Original Mortgage
$172,500
Outstanding Balance
$167,446
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$143,146

Purchase Details

Closed on
Jan 25, 2008
Sold by
Carolina Development Group Llc
Bought by
Nguyen Henry and Vu Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Drexel Estates Llc $230,000 Land Title
Nguyen Henry $249,500 Fidelity Title Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drexel Estates Llc $172,500
Previous Owner Vu Thuy H $100,000
Previous Owner Nguyen Henry $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $230,000 -6.1% $142 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $245,000 -7.5% $151 / Sq Ft
06/29/2022 06/29/22 For Sale $265,000 -- $163 / 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 $3,431 $99,400 $26,400 $73,000
2024 $3,431 $99,400 $26,400 $73,000
2023 $3,754 $99,400 $26,400 $73,000
2022 $3,754 $99,400 $26,400 $73,000
2021 $3,878 $99,400 $26,400 $73,000
2020 $3,910 $99,400 $26,400 $73,000
2019 $4,980 $125,000 $62,500 $62,500
2018 $4,416 $125,000 $62,500 $62,500
2017 $4,960 $145,000 $45,000 $100,000
2016 $5,597 $145,000 $45,000 $100,000
2015 $4,962 $145,000 $45,000 $100,000
2014 $6,485 $193,700 $89,900 $103,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LAN DANG

    BLOOM REALTY CO

    (609) 335-1145

    1 in this area

    13 Total Sales

    LAN DANG
    Section Image
  • Fatemeh Mohseni

    Buyer's Agent in 2022

    Fatemeh Mohseni

    BALSLEY/LOSCO

    (609) 437-6760

    4 in this area

    50 Total Sales

    Fatemeh Mohseni
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564624

South Jersey Shore Regional MLS

APN: 02-00447-0000-00001-04

New Jersey Atlantic County Atlantic City 08401 Westside

1118 Drexel Ave, Atlantic City, NJ

This home is located at 1118 Drexel Ave, Atlantic City, NJ 08401 since 29 June 2022 and is currently estimated at $310,592, approximately $191 per square foot. 1118 Drexel 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.

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