NOT LISTED FOR SALE

133 S Annapolis Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $625,582 - $2,599,000

0.09 Acre
$17,914,344 Price per Acre
3,920 Sq Ft Lot

Last Sold March 02, 2023

Last sale price $485,000

Est. 232% increase in value since last sale

Current estimated payment $9,266/month

291 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Level Lot

About This Lot

As of March 2023

BEACHBLOCK 3rd lot from the beach runs street to street. Build your dream home with beautiful ocean views just a few steps from the Boardwalk. Located in quiet Lower Chelsea neighborhood convenient to casinos, restaurants, Stockton. Similar beach block lots in Ventnor and Margate will cost $1,000,000 plus. Ride your bike or enjoy a walk on the Boardwalk almost at your front door or enjoy one of the finest beaches on the island. Topping all this off is the 5 year tax abatement available on new homes in AC. Check it out you won't be sorry.

Last Agent to Sell the Property

Kevin Corocan

KEVIN CORCORAN REAL ESTATE Listed on: 02/13/2022

Last Buyer's Agent

Lester Argus

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #EB-8132233

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,112

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Building is beachfront but unit may not have water views
  • Level Lot
  • Cleared Lot

Additional Features

  • Water Views
  • Gas Available

Community Details

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$8,112

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 02/14/2022
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Beach Block, Boardwalk Area, Water View
  • Lot Dimensions: 50 x 80
  • Number Of Acres: 0.09
  • Improvements: Curb, Paved Road, Sidewalks
  • Number Of Lots: One
  • Topography: Cleared, Level
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2022
Closed on
Mar 2, 2023
Sold by
Dothe Craig and Dothe Carol
Bought by
Redacted Upon Request and Gallagher Denise
Seller's Agent
Kevin Corocan
KEVIN CORCORAN REAL ESTATE
Buyer's Agent
Lester Argus
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
51
Current Estimated Value
$1,612,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,127,291
Avg. Annual Appreciation
60.47%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Teach Solais Nj Llc
Bought by
Dothe Craig and Dothe Carol

Purchase Details

Closed on
Oct 30, 2018
Sold by
Ridgeway & Annapolis Avenue Lp
Bought by
Teach Solais Nj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2005
Sold by
New Jersey Land Co Llc
Bought by
Ridgeway & Annapolis Avenues Lp and Villa Development Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,560,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2003
Sold by
Cohen Richard
Bought by
New Jersey Land Co Llc
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
Redacted Upon Request $485,000 Surety Title
Dothe Craig $350,000 The Title Company Of Jersey
Teach Solais Nj Llc $200,000 Wfg National Title Ins Co
Ridgeway & Annapolis Avenues Lp $750,000 Congress Title
Ridgeway & Annapolis Avenues Lp $750,000 Congress Title
Ridgeway & Annapolis Avenues Lp $750,000 Congress Title
New Jersey Land Co Llc -- --
New Jersey Land Company Llc -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Daniel $700,000
Closed Gallagher Daniel $410,000
Previous Owner Teach Solais Nj Llc $130,000
Previous Owner Ridgeway & Annapolis Avenues Lp $3,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $485,000 -2.8% --
12/01/2022 12/01/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $499,000 -- --
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 $8,112 $235,000 $235,000 --
2024 $8,112 $235,000 $235,000 $0
2023 $8,876 $235,000 $235,000 $0
2022 $8,876 $235,000 $235,000 $0
2021 $9,167 $235,000 $235,000 $0
2020 $9,245 $235,000 $235,000 $0
2019 $11,952 $300,000 $300,000 $0
2018 $10,599 $300,000 $300,000 $0
2017 $10,263 $300,000 $300,000 $0
2016 $11,580 $300,000 $300,000 $0
2015 $10,266 $300,000 $300,000 $0
2014 $17,751 $530,200 $530,200 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kevin Corocan

    KEVIN CORCORAN REAL ESTATE

    (609) 348-0077

    8 in this area

    30 Total Sales

    Kevin Corocan
    Section Image

  • L

    Buyer's Agent in 2023

    Lester Argus

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 646-5001

    1 in this area

    12 Total Sales

    Lester Argus
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559666

South Jersey Shore Regional MLS

APN: 02-00014-0000-00005

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

133 S Annapolis Ave, Atlantic City, NJ

This home is located at 133 S Annapolis Ave, Atlantic City, NJ 08401 since 13 February 2022 and is currently estimated at $1,612,291. 133 S Annapolis 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.

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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