NOT LISTED FOR SALE

Estimated Value: $220,451 - $261,000

-- Bed
-- Bath
2,048 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $180,000 $88 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,668/month

316 Days on Market

Highlights

  • Porch
  • Fenced
  • Heating Available

About This Home

As of February 2024

Welcome to 1424 Arkansas Avenue, a charming duplex located in the desirable Venice Park Neighborhood. This multi-family property offers a unique opportunity for homeownership or investment in a convenient location easily accessible from Route 30 White Horse Pike. This well-maintained duplex provides ample space for comfortable living. The upstairs unit features four spacious bedrooms, while the downstairs unit offers two bedrooms. Each unit has its own separate entrance and utility meters, ensuring privacy and convenience for both residents. The exterior of the property showcases a timeless Concrete/Stucco construction, adding to its curb appeal. A concrete driveway provides convenient off-street parking, and the fenced-in yard offers a secure space for outdoor activities. Additionally, a small garden shed at the end of the driveway provides extra storage space. Please note that this property is being sold strictly as-is and can only be shown on weekends. However, don't let that deter you from considering this incredible opportunity. Whether you're looking to invest or find your dream home, this duplex offers endless potential. To make ownership even more accessible, we are pleased to offer private financing starting at 10%. Alternatively, you can explore purchasing this property with Bitcoins, making it an innovative investment option. Don't miss out on this chance to own a piece of Venice Park's charm. Contact us today to schedule a viewing and discover the possibilities that await you at 1424 Arkansas Avenue.

Last Agent to Sell the Property

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 03/02/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 60 x 75
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Concrete Siding
  • Stucco

Outdoor Features

  • Porch

Utilities

  • Heating Available
  • Separate Meters

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Porch, Sidewalks
  • Siding Exterior: Concrete, Stucco

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 60 x 75

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Mas 1 Llc
Bought by
Mas1 Limited Liability Company
Current Estimated Value
$243,863

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 27, 2024
Sold by
1424 Arkansas Realty Llc
Bought by
Mas 1 Llc
Seller's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%
Views
738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%
Original Mortgage
$200,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Rahmanfar Rabin
Bought by
1424 Arkansas Realty Llc

Purchase Details

Closed on
Sep 11, 2012
Sold by
Haque Rushna and Haque Babul
Bought by
Rahmanfar Rabin

Purchase Details

Closed on
Aug 15, 2005
Sold by
Moscony Janaya and Moscony Carol Sweeney
Bought by
Haque Rushna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Petitt Guy
Bought by
Moscony Janaya and Sweeney Carol

Purchase Details

Closed on
May 31, 2000
Sold by
Petitt Julie
Bought by
Petitt Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mas1 Limited Liability Company -- Atlantic Title Agency
Mas 1 Llc $185,000 Atlantic Title
1424 Arkansas Realty Llc -- None Available
Rahmanfar Rabin $60,000 Surety Title
Haque Rushna $232,000 Congress Title
Moscony Janaya $100,000 Fidelity National Title
Petitt Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mas 1 Llc $200,000
Previous Owner Haque Rushna $220,400
Previous Owner Petitt Guy $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $180,000 -27.7% $88 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/13/2023 11/13/23 Price Changed $249,000 -10.8% $122 / Sq Ft
08/23/2023 08/23/23 Price Changed $279,000 -5.4% $136 / Sq Ft
06/21/2023 06/21/23 Price Changed $295,000 +28.3% $144 / Sq Ft
04/26/2023 04/26/23 Price Changed $230,000 +2.2% $112 / Sq Ft
04/24/2023 04/24/23 For Sale $225,000 0.0% $110 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $225,000 0.0% $110 / Sq Ft
01/10/2014 01/10/14 Rented -- -- --
12/11/2013 12/11/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent -- -- --
01/28/2013 01/28/13 Sold $60,000 0.0% $29 / Sq Ft View Prior Sale
08/31/2012 08/31/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $60,000 -- $29 / 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 $4,626 $134,000 $38,000 $96,000
2024 $4,626 $134,000 $38,000 $96,000
2023 $5,061 $134,000 $38,000 $96,000
2022 $5,061 $134,000 $38,000 $96,000
2021 $5,227 $134,000 $38,000 $96,000
2020 $5,272 $134,000 $38,000 $96,000
2019 $4,382 $110,000 $44,000 $66,000
2018 $4,593 $130,000 $65,000 $65,000
2017 $4,447 $130,000 $65,000 $65,000
2016 $5,790 $150,000 $50,000 $100,000
2015 $5,133 $150,000 $50,000 $100,000
2014 $6,529 $195,000 $90,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 571643

South Jersey Shore Regional MLS

APN: 02-00689-0000-00002