NOT LISTED FOR SALE

140 N Laclede Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $485,000 - $633,000

4 Beds
2.5 Baths
1,716 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $229,000 $133 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,694/month

163 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Recreation Room
  • Corner Lot
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of February 2017

Private showings available every day at any time. This home offers beautiful water views from its corner lot, old world charm with tons of updates, income from a legal separate cottage & much more! This spectacular 4 bedroom 2 bath home has a tiled foyer, spacious living & dining rooms, a large kitchen, a basement, a sunroom, a dual sided fireplace, a large deck & more! Tax's are being appealed and are coming down a couple thousand. Call today. New wiring in 2011, new deck and fencing in 2012, new panel box in 2013, new heater and hot water in 2016, new roof in 2013, new windows in 2014 Cottage income of $900 a month Flood Insurance is $2,700 and possibly going lower

Last Agent to Sell the Property

MICHAEL ADAMS

BHHS FOX and ROACH-Brigantine License #1430566 Listed on: 06/11/2016

BHHS FOX and ROACH-Brigantine

Last Buyer's Agent

Herbert Hartman

BOARDWALK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 75x46
  • Property Fronts a Bay or Harbor
  • Fenced
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Brick Front

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Screened Porch
  • Water Views
  • Storm Screens
  • Microwave
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,322

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 06/11/2016
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Built-In
  • Flooring: Hardwood, Laminate Flooring, W/W Carpet
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Unfinished
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, In-Law Quarters, Laundry/Utility Room, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Deck, Porch Enclosed, Fenced Yard, Porch Screened, Sidewalks
  • Siding Exterior: Brick Face
  • Storm Screens: Combination

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Bay Front, Corner, Water View
  • Lot Dimensions: 75x46
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jan 30, 2017
Sold by
Peterson David M and Dadario Paul G
Bought by
Papadelias Maria Soza and Harman Herbert
Seller's Agent
MICHAEL ADAMS
BHHS FOX and ROACH-Brigantine
Buyer's Agent
Herbert Hartman
BOARDWALK REALTY
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$566,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,114
Avg. Annual Appreciation
11.17%
Original Mortgage
$224,852
Outstanding Balance
$187,231
Interest Rate
4.32%
Mortgage Type
FHA
Estimated Equity
$378,883

Purchase Details

Closed on
Oct 21, 2011
Sold by
Seaview Property Development Llc
Bought by
Peterson David M and Dadario Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 9, 2005
Sold by
Mccann Frank X and Mccann Dorothy T
Bought by
Seaview Property Development 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
Papadelias Maria Soza $229,000 None Available
Peterson David M $211,000 Surety Title
Seaview Property Development Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papadelias Maria Soza $224,852
Previous Owner Dadario Paul $15,000
Previous Owner Peterson David M $168,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $229,000 0.0% $133 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $229,000 0.0% $133 / Sq Ft
02/02/2014 02/02/14 Rented -- -- --
02/02/2014 02/02/14 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 $7,322 $212,100 $85,700 $126,400
2024 $7,322 $212,100 $85,700 $126,400
2023 $8,011 $212,100 $85,700 $126,400
2022 $8,011 $212,100 $85,700 $126,400
2021 $8,274 $212,100 $85,700 $126,400
2020 $8,344 $212,100 $85,700 $126,400
2019 $7,769 $195,000 $60,000 $135,000
2018 $6,889 $195,000 $60,000 $135,000
2017 $6,671 $195,000 $60,000 $135,000
2016 $9,457 $245,000 $149,450 $95,550
2015 $8,384 $245,000 $149,450 $95,550
2014 $8,203 $245,000 $149,450 $95,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MICHAEL ADAMS

    BHHS Fox & Roach

    (609) 722-2922

    MICHAEL ADAMS
    Section Image
  • Herbert Hartman

    Buyer's Agent in 2017

    Herbert Hartman

    BOARDWALK REALTY

    (609) 345-3101

    37 Total Sales

    Herbert Hartman
    Section Image
  • Jo Ann Daly

    Seller's Agent in 2014

    Jo Ann Daly

    Re/Max Select

    (609) 513-8969

    35 in this area

    110 Total Sales

    Jo Ann Daly
    Section Image
  • Ann Marie Kooperman

    Buyer's Agent in 2014

    Ann Marie Kooperman

    FARLEY and FERRY REALTY, INC

    (609) 576-0724

    12 Total Sales

    Ann Marie Kooperman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 469604

South Jersey Shore Regional MLS

APN: 02-00247-0000-00002

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

140 N Laclede Place, Atlantic City, NJ

This home is located at 140 N Laclede Place, Atlantic City, NJ 08401 since 11 June 2016 and is currently estimated at $566,114, approximately $329 per square foot. This property was built in 1922. 140 N Laclede Place 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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