NOT LISTED FOR SALE

136 S Dover Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $1,147,000 - $2,665,000

5 Beds
4 Baths
3,172 Sq Ft
$566/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $850,000 $268 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $11,606/month

72 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Building is beachfront but unit may not have water views
  • Multiple Fireplaces
  • Great Room

About This Home

As of October 2016

Approximately 3800sf custom-built in 2000, upscale 2x6 construction, gourmet kitchen w/beverage center & upgraded appliance package, 2-car garage, rooftop deck, new 2-zone heat/AC, 2 laundry areas. Every bedroom has a view of the ocean! Master suite w/crown molding, mosaic accented fireplace, double closets (builtins, cedar). In-law/apt suite on 1st flr featuring living & sleeping area, closet, full bath, & kitchen w/refrig, gas stove, sink & bar. Storage shed on concrete slab w/finished flrs & electric.

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 06/04/2016

Soleil Sotheby's International Realty - A

Last Buyer's Agent

ELIZABETH NICHOLAS

BALSLEY/LOSCO

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,446

Lot Details

  • Lot Dimensions are 50x85
  • Building is beachfront but unit may not have water views
  • Ocean Front

Interior Spaces

  • 3-Story Property
  • Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Great Room
  • Storage
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Pad

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,446

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 06/04/2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: More Than 1
  • Flooring: Hardwood
  • Interior Amenities: Bar, Storage, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Other Rooms: Great Room, In-Law Quarters, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Patio

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Gas-Natural, Multi-Zoned

Lot Info

  • Location: Beach Block, Boardwalk Area, Boardwalk Front, Ocean Front
  • Lot Dimensions: 50x85
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2016
Closed on
Oct 25, 2016
Sold by
Formica Frank and Formica Amy
Bought by
Burgin John and Burgin Quan
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
ELIZABETH NICHOLAS
BALSLEY/LOSCO
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,795,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$945,920
Avg. Annual Appreciation
8.77%

Purchase Details

Listed on
Jan 19, 2012
Closed on
May 31, 2012
Sold by
Faldetta Joseph and Faldetta Annette
Bought by
Formica Frank
Seller's Agent
Judi Schaeffer
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Kevin Corocan
KEVIN CORCORAN REAL ESTATE
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$656,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Burgin John $850,000 --
Formica Frank $825,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner John Galt Llc $226,000
Previous Owner Formica Frank D $300,000
Previous Owner Formica Frank D $300,000
Previous Owner Formica Frank $656,000
Previous Owner Faldetta Joseph $250,000
Previous Owner Faldetta Annette $152,190
Previous Owner Faldetta Joseph $150,000
Previous Owner Faldetta Joseph $50,000
Previous Owner Faldetta Joseph $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $850,000 0.0% $268 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $850,000 +3.0% $268 / Sq Ft
06/01/2012 06/01/12 Sold $825,000 0.0% $260 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $825,000 -- $260 / 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 $24,446 $715,400 $240,000 $475,400
2024 $24,446 $715,400 $240,000 $475,400
2023 $26,771 $715,400 $240,000 $475,400
2022 $26,771 $715,400 $240,000 $475,400
2021 $27,658 $715,400 $240,000 $475,400
2020 $27,894 $715,400 $240,000 $475,400
2019 $27,638 $700,000 $350,000 $350,000
2018 $24,481 $700,000 $350,000 $350,000
2017 $23,947 $700,000 $350,000 $350,000
2016 $26,770 $700,000 $350,000 $350,000
2015 $27,982 $825,000 $494,200 $330,800
2014 $27,371 $825,000 $494,200 $330,800
Source: Public Records

Agents Affiliated with this Home

  • Ashley Franchini

    Seller's Agent in 2016

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    7 in this area

    197 Total Sales

    Ashley Franchini
    Section Image
  • ELIZABETH NICHOLAS

    Buyer's Agent in 2016

    ELIZABETH NICHOLAS

    BALSLEY/LOSCO

    (609) 464-0727

    62 Total Sales

    ELIZABETH NICHOLAS
    Section Image
  • Judi Schaeffer

    Seller's Agent in 2012

    Judi Schaeffer

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (239) 841-5650

    21 Total Sales

    Judi Schaeffer
    Section Image

  • K

    Buyer's Agent in 2012

    Kevin Corocan

    KEVIN CORCORAN REAL ESTATE

    (609) 348-0077

    8 in this area

    30 Total Sales

    Kevin Corocan
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 469236

South Jersey Shore Regional MLS

APN: 02-00015-0000-00011

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

136 S Dover Ave, Atlantic City, NJ

This home is located at 136 S Dover Ave, Atlantic City, NJ 08401 since 04 June 2016 and is currently estimated at $1,795,920, approximately $566 per square foot. 136 S Dover 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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