NOT LISTED FOR SALE

115 N Montpelier Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $341,084 - $518,000

-- Bed
-- Bath
2,013 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $165,000 $82 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,686/month

126 Days on Market

About This Home

As of February 2019

Must see this one!!

Last Agent to Sell the Property

Dennis Moreno

FARLEY and FERRY REALTY, INC Listed on: 05/15/2018

Last Buyer's Agent

Dennis Moreno

FARLEY and FERRY REALTY, INC Listed on: 05/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,955

Year Built

  • Built in 1920

Lot Details

  • 3,746

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • Blinds
  • Storm Screens
  • Stove

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,955

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds
  • Year Built: 1920
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Gas Stove, Refrigerator

Exterior Features

  • Outside Features: Deck
  • Siding Exterior: Aluminum
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: less than an acre

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Feb 15, 2019
Sold by
Jones Francisco and Jones Sonia
Bought by
Abdul Hai Mohamed and Islam Mohamed Ariful
Seller's Agent
Dennis Moreno
FARLEY and FERRY REALTY, INC
Buyer's Agent
Dennis Moreno
FARLEY and FERRY REALTY, INC
List Price
$225,000
Sold Price
$165,000
Premium/Discount to List
-$60,000
-26.67%
Current Estimated Value
$416,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,271
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
Feb 28, 1995
Sold by
Johnson Thomas N and Johnson Amy L
Bought by
Jones Francisco and Jones Sonia
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
Abdul Hai Mohamed $165,000 Lioyds & Handson Ttl Agcy Ll
Jones Francisco $120,000 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $165,000 -26.7% $82 / Sq Ft
10/24/2018 10/24/18 Price Changed $225,000 +25.0% $112 / Sq Ft
10/09/2018 10/09/18 Price Changed $180,000 -20.0% $89 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $225,000 -- $112 / 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 $5,955 $172,500 $40,000 $132,500
2024 $5,955 $172,500 $40,000 $132,500
2023 $6,515 $172,500 $40,000 $132,500
2022 $6,515 $172,500 $40,000 $132,500
2021 $6,729 $172,500 $40,000 $132,500
2020 $6,786 $172,500 $40,000 $132,500
2019 $15,558 $390,500 $222,900 $167,600
2018 $13,796 $390,500 $222,900 $167,600
2017 $13,359 $390,500 $222,900 $167,600
2016 $15,073 $390,500 $222,900 $167,600
2015 $13,363 $390,500 $222,900 $167,600
2014 $13,074 $390,500 $222,900 $167,600
Source: Public Records

Agents Affiliated with this Home

  • Dennis Moreno

    Seller's Agent in 2019

    Dennis Moreno

    FARLEY and FERRY REALTY, INC

    (609) 892-0702

    1 in this area

    24 Total Sales

    Dennis Moreno
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505382

South Jersey Shore Regional MLS

APN: 02-00348-0000-00026

New Jersey Atlantic County Atlantic City 08401 Chelsea

115 N Montpelier Ave, Atlantic City, NJ

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