$39,000
SOLD SEP 13, 2019

151 N Annapolis Ave Unit 5 Atlantic City, NJ 08401

Lower Chelsea Neighborhood
2 Beds
2 Baths
764 Sq Ft
784 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

40% Below List Price

53 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Deck
  • Heating Available
  • Home fronts a lagoon or estuary
  • Central Air

About This Home

As of April 2023

Bring your tools & imagination! This shell of a WATERFRONT Bay Colony condo, is ready for you to finish as you like. Excellent location in the Chelsea neighborhood - On the bay, 4 blocks to the BEACH, shopping & the new Stockton campus. A boat slip in back included. Special assessment paid.

Last Agent to Sell the Property

Eileen Barker

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #9482540 Listed on: 03/11/2019

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Catherine Colfver

BALSLEY/LOSCO License #0227525

BALSLEY/LOSCO

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 1981

Lot Details

  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Home Design

  • Cedar Siding

Interior Spaces

  • 2-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include trash
  • Bay Colony Condos

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,411

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 03/27/2019
  • Year Built: 1981
  • Age: 25+ Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Cedar

Garage/Parking

  • Parking Exterior: One Car, Assigned

Utilities

  • Air Conditioner: Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Trash
  • Condo Name: Bay Colony
  • Management: Off-Site Professionals

Lot Info

  • Location: Bay Front, Bulkheaded, Docks, Lagoon Front, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Apr 20, 2023
Sold by
Mala Diversified Llc
Bought by
Blocker Brian C and Blocker Brittany
Seller's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
Buyer's Agent
Marguerite Pate
Century 21 Action Plus Realty - Northfield
List Price
$229,000
Sold Price
$222,000
Premium/Discount to List
-$7,000
-3.06%
Total Days on Market
53
Views
182
Current Estimated Value
$252,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,496
Avg. Annual Appreciation
6.23%
Original Mortgage
$177,600
Outstanding Balance
$168,677
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$83,819

Purchase Details

Listed on
Mar 11, 2019
Closed on
Sep 13, 2019
Sold by
Lb Hoey Badger Llc
Bought by
Mala Deversifield Llc
Seller's Agent
Eileen Barker
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Catherine Colfver
BALSLEY/LOSCO
List Price
$65,000
Sold Price
$39,000
Premium/Discount to List
-$26,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.89%

Purchase Details

Closed on
Jan 1, 2017
Sold by
Lb Nj Llc
Bought by
Shelby Property 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 Type Sale Price Title Company
Deed $222,000 None Listed On Document
Deed $39,000 Surety Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $177,600 New Conventional
Previous Owner $104,225 Unknown
Previous Owner $12,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $222,000 -3.4% $291 / Sq Ft
02/27/2023 02/27/23 Price Changed $229,900 +0.4% $301 / Sq Ft
02/27/2023 02/27/23 For Sale $229,000 0.0% $300 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/23/2023 01/23/23 For Sale $229,000 +487.2% $300 / Sq Ft
09/13/2019 09/13/19 Sold $39,000 -20.4% $51 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/18/2019 04/18/19 Price Changed $49,000 -24.6% $64 / Sq Ft
04/17/2019 04/17/19 Price Changed $65,000 +44.4% $85 / Sq Ft
04/16/2019 04/16/19 Price Changed $45,000 -30.8% $59 / Sq Ft
03/11/2019 03/11/19 For Sale $65,000 -- $85 / 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 $3,411 $98,800 $35,000 $63,800
2023 $3,732 $98,800 $35,000 $63,800
2022 $3,732 $98,800 $35,000 $63,800
2021 $3,854 $98,800 $35,000 $63,800
2020 $3,887 $98,800 $35,000 $63,800
2019 $3,984 $100,000 $80,000 $20,000
2018 $3,533 $100,000 $80,000 $20,000
2017 $3,421 $100,000 $80,000 $20,000
2016 $3,610 $100,000 $80,000 $20,000
2015 $3,172 $100,000 $80,000 $20,000
2014 $3,098 $100,000 $80,000 $20,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Shamberg

    Seller's Agent in 2023

    Robert Shamberg

    BHHS DIVERSIFIED REALTY

    (609) 335-5711

    4 in this area

    254 Total Sales

    Robert Shamberg
    Section Image
  • Marguerite Pate

    Buyer's Agent in 2023

    Marguerite Pate

    Century 21 Action Plus Realty - Northfield

    (609) 289-7333

    1 in this area

    28 Total Sales

    Marguerite Pate
    Section Image
  • Eileen Barker

    Seller's Agent in 2019

    Eileen Barker

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 703-2273

    17 in this area

    24 Total Sales

    Eileen Barker
    Section Image
  • Catherine Colfver

    Buyer's Agent in 2019

    Catherine Colfver

    BALSLEY/LOSCO

    (609) 377-4107

    1 in this area

    256 Total Sales

    Catherine Colfver
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519737

South Jersey Shore Regional MLS

APN: 02-00243-0000-01805

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

151 N Annapolis Ave Unit 5, Atlantic City, NJ

This home is located at 151 N Annapolis Ave Unit 5, Atlantic City, NJ 08401 and is currently priced at $39,000, approximately $51 per square foot. This property was built in 1981. 151 N Annapolis Ave Unit 5 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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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