$108,000
SOLD MAR 26, 2025

151 N Annapolis Ave Unit 10 Atlantic City, NJ 08401

Lower Chelsea Neighborhood
2 Beds
1.5 Baths
932 Sq Ft
915 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

14% Below List Price

159 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Tankless Water Heater
  • Forced Air Heating System

About This Home

As of March 2025

Welcome to this bay front condo located at Bay Colony Condos in the desirable Chelsea section of Atlantic City NJ. Blocks from Ventnor or Wonder Bar and a few minutes in the opposite direction you can find iconic places like Whitehouse, Angelos and of course all the action of the casinos, boardwalk, the beach, and excellent dining options…there's something for everyone here! Inside the condo you’ll find 2 good sized bedrooms plus a loft with windows facing the bay. Full bath upstairs next to the bedrooms. The first floor boasts high ceilings, powder room, kitchen, dining area and ample sunlight! Have your morning coffee over the water, or an evening beverage while sitting on your balcony looking out to the water and the city. Where else will you find a waterfront condo in a coastal town with plenty to do for this price?! Book your appointment today and don’t miss out on this deal. **Being sold AS IS - seller will not make any repairs. Seller will obtain the CO.

Last Agent to Sell the Property

Anthony Iovino

RE/MAX COMMUNITY - Williamstown License #0682208 Listed on: 09/06/2024

Last Buyer's Agent

Anthony Iovino

RE/MAX COMMUNITY - Williamstown License #0682208 Listed on: 09/06/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,859

Lot Details

  • Property Fronts a Bay or Harbor

Parking

  • Parking Pad

Interior Spaces

  • 2-Story Property
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating System
  • Tankless Water Heater

Community Details

Overview

  • Bay Colony Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,859

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/06/2024
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Parking Exterior: Parking Pad

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric, Tankless-Electric

Condo/Co-op/Association

  • Condo Name: Bay Colony
  • Management: Association

Lot Info

  • Location: Bay Front

Rental Info

  • Pets: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2007
Sold by
Qureshi Lourdes O
Bought by
Qureshi Lourdes O and Qureshi Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2000
Sold by
S J Financial Corp
Bought by
Qureshi Lourdes O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
10.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1996
Sold by
Jacobs Joseph M
Bought by
Zagebaylo J William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.77%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- New Vision Title Agency
Bargain Sale Deed $87,000 Citizens Title Ins Agency In
Deed $75,500 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $86,500 New Conventional
Closed $90,000 New Conventional
Closed $79,700 Unknown
Closed $65,250 Purchase Money Mortgage
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $230,000 +113.0% --
03/26/2025 03/26/25 Sold $108,000 -13.6% $116 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $125,000 +15.7% $134 / Sq Ft
01/31/2025 01/31/25 Off Market $108,000 -- --
12/11/2024 12/11/24 Price Changed $125,000 -10.7% $134 / Sq Ft
11/04/2024 11/04/24 For Sale $140,000 0.0% $150 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $140,000 -6.7% $150 / Sq Ft
09/18/2024 09/18/24 Price Changed $150,000 -6.3% $161 / Sq Ft
09/06/2024 09/06/24 For Sale $160,000 -- $172 / 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
2024 $3,859 $111,800 $35,000 $76,800
2023 $4,223 $111,800 $35,000 $76,800
2022 $4,223 $111,800 $35,000 $76,800
2021 $4,361 $111,800 $35,000 $76,800
2020 $4,398 $111,800 $35,000 $76,800
2019 $3,386 $85,000 $42,500 $42,500
2018 $3,003 $85,000 $42,500 $42,500
2017 $2,908 $85,000 $42,500 $42,500
2016 $3,281 $85,000 $42,500 $42,500
2015 $3,870 $113,100 $45,240 $67,860
2014 $4,352 $130,000 $90,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588795

South Jersey Shore Regional MLS

APN: 02-00243-0000-01810