NOT LISTED FOR SALE

Estimated Value: $218,000 - $260,000

-- Bed
-- Bath
1,828 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $110,000 $60 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,593/month

67 Days on Market

Highlights

  • Ocean View
  • Deck
  • Patio
  • Building is beachfront but unit may not have water views
  • Porch
  • Dining Room

About This Home

As of September 2020

CASH BUYERS ONLY!MAKE REASONABLE OFFERS!GREAT OPPORTUNITY TO BUY THIS BEACH BLOCK DUPLEX IN GREAT LOCATION SITUATED IN ATLANTIC CITY'S FAMOUS BOARDWALK/BEACHES AND CASINOS. GREAT OPPORTUNITY TO INVEST IN AC'S FUTURE. TIME TO BUY IS NOW! FIRST FLOOR HAS 2 BEDROOM 2 BATH AND SECOND FLOOR HAS OCEAN VIEWS W/ 3 BEDRMS 2 BATHS.

Last Agent to Sell the Property

Robert Shamberg

BHHS DIVERSIFIED REALTY Listed on: 06/04/2020

BHHS DIVERSIFIED REALTY

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,167

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Dining Room
  • Ocean Views

Kitchen

  • Self-Cleaning Oven
  • Stove

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,167

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 06/04/2020
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven
  • Other Rooms: Dining Room

Exterior Features

  • Outside Features: Curbs, Deck, Needs Work, Ocean View, Patio, Porch
  • Siding Exterior: Brick

Utilities

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

Lot Info

  • Location: Beach Block, Boardwalk Front, Water View
  • Lot Dimensions: .0262

Rental Info

  • Rental Information: Security Deposit

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Chinaamerican Realty Inc
Bought by
Elsayed Mohamed Sherif
Current Estimated Value
$234,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Outstanding Balance
$119,696
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$115,118

Purchase Details

Listed on
Jun 4, 2020
Closed on
Sep 17, 2020
Sold by
Rappe Angelo
Bought by
Chinaamerican Realty Inc
Seller's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$88,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Poleshuck Janet and Albano Diane
Bought by
Rappe Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
10.62%

Purchase Details

Closed on
May 29, 1996
Sold by
Poleshuck Janet
Bought by
Poleshuck Janet
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
Elsayed Mohamed Sherif $165,000 Cape Atlantic Title
Chinaamerican Realty Inc $110,000 Equity Plus Title
Rappe Angelo $60,000 The Title Company
Poleshuck Janet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsayed Mohamed Sherif $123,750
Previous Owner Chinaamerican Realty Inc $88,000
Previous Owner Rappe Angelo $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $110,000 -21.4% $60 / Sq Ft
06/04/2020 06/04/20 For Sale $139,900 -- $77 / 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 $4,167 $120,700 $49,300 $71,400
2024 $4,167 $120,700 $49,300 $71,400
2023 $4,559 $120,700 $49,300 $71,400
2022 $4,559 $120,700 $49,300 $71,400
2021 $4,709 $120,700 $49,300 $71,400
2020 $4,748 $120,700 $49,300 $71,400
2019 $4,382 $110,000 $35,000 $75,000
2018 $3,886 $110,000 $35,000 $75,000
2017 $5,645 $165,000 $82,500 $82,500
2016 $6,369 $165,000 $82,500 $82,500
2015 $6,160 $180,000 $140,000 $40,000
2014 $6,026 $180,000 $140,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 537604

South Jersey Shore Regional MLS

APN: 02-00036-0000-00009