NOT LISTED FOR SALE

117 N Richmond Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $230,000 - $289,000

3 Beds
2 Baths
1,076 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $125,000 $116 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,763/month

Highlights

  • Property Fronts a Bay or Harbor
  • Eat-In Kitchen
  • Wood Siding
  • Wood Flooring
  • Laundry Room

About This Home

As of December 2020

Desirable lower Chelsea Area.3 bedroom and 2 bath with bonus room in back.Huge deck in rear with bay views. Convenience location tenant occupied.

Last Agent to Sell the Property

Danny Chow

BHHS FOX and ROACH-Northfield Listed on: 08/17/2020

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

Danny Chow

BHHS FOX and ROACH-Northfield Listed on: 08/17/2020

BHHS FOX and ROACH-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 17' x 70'
  • Property Fronts a Bay or Harbor

Home Design

  • Wood Siding
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • Laundry Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,053

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Semi-Det/1/2Dbl
  • Age: 25+ Years
  • Lvt Date: 08/17/2020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Vinyl, Wood

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Bay Front
  • Lot Dimensions: 17' X 70'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Dec 7, 2020
Sold by
Chen Yan and Zheng Xiumin
Bought by
Hossain Shahara
Seller's Agent
Danny Chow
BHHS FOX and ROACH-Northfield
Buyer's Agent
Danny Chow
BHHS FOX and ROACH-Northfield
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$267,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,420
Avg. Annual Appreciation
17.25%
Original Mortgage
$122,735
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 2006
Sold by
Nag Gautom
Bought by
Chen Yan and Zheng Xiumin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Chatterjee Sushil
Bought by
Gautom Nag

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
5.84%

Purchase Details

Closed on
Jul 24, 1996
Sold by
Chatterjee Sushil K and Chatterjee Abhijit
Bought by
Chatterjee Sushil K and Chatterjee Abhijit

Purchase Details

Closed on
Oct 29, 1993
Sold by
Estate Of Sarah E Priore
Bought by
Chatterlee Sushil and Chatterlee Abhijit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.83%
Mortgage Type
FHA
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
Hossain Shahara $125,000 None Available
Chen Yan $262,000 --
Gautom Nag $216,500 --
Chatterjee Sushil K -- The Title Company
Chatterlee Sushil $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Shahara $9,713
Previous Owner Hossain Shahara $122,735
Previous Owner Chen Yan $39,765
Previous Owner Chen Yan $209,600
Previous Owner Nag Gautom $173,200
Previous Owner Nag Gautom $21,650
Previous Owner Chatterjee Abhijit $92,200
Previous Owner Chatterlee Sushil $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $125,000 -7.4% $116 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $135,000 0.0% $125 / Sq Ft
01/23/2016 01/23/16 Rented -- -- --
01/23/2016 01/23/16 For Rent -- -- --
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 $4,053 $117,400 $49,500 $67,900
2024 $4,053 $117,400 $49,500 $67,900
2023 $4,434 $117,400 $49,500 $67,900
2022 $4,434 $117,400 $49,500 $67,900
2021 $4,580 $117,400 $49,500 $67,900
2020 $4,619 $117,400 $49,500 $67,900
2019 $5,378 $135,000 $70,000 $65,000
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

  • Danny Chow

    Seller's Agent in 2020

    Danny Chow

    BHHS Fox & Roach

    (609) 665-6688

    3 in this area

    61 Total Sales

    Danny Chow
    Section Image
  • George Stefanides

    Seller's Agent in 2016

    George Stefanides

    G&L Real Estate Group

    (609) 225-1591

    8 in this area

    43 Total Sales

    George Stefanides
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540773

South Jersey Shore Regional MLS

APN: 02-00245-0000-00018

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

117 N Richmond Ave, Atlantic City, NJ

This home is located at 117 N Richmond Ave, Atlantic City, NJ 08401 since 17 August 2020 and is currently estimated at $267,420, approximately $248 per square foot. This property was built in 1922. 117 N Richmond Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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