NOT LISTED FOR SALE

1713 Reverend J Walters Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $234,275 - $249,000

-- Bed
1 Bath
3,852 Sq Ft
$63/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $225,000 $58 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,550/month

59 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Fenced
  • Shed

About This Home

As of March 2024

Nice money making duplex on large corner lot! Ground floor three bedroom unit and a two story 2bdrm unit in the back with a giant fenced in yard. Seperate gas and electric meters, gas cooking, gas hot water heaters, and hot water baseboard heating. Laminate flooring througout. Plenty of street parking on both sides of the house. Live in one unit and rent out the other or rent out the 3bdrm for approx $27,000 and rent the 2bdrm for approx $21,000, this would make a great property to have in your investment portfolio generating nearly $50k a year!! Needs light TLC and being sold As-Is.

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC License #0566410 Listed on: 12/17/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC License #1864018

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Lot Details

  • Lot Dimensions are 50 x 73
  • Fenced
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Stucco

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Stove
  • Shed

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/17/2023
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator

Exterior Features

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

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner, Boardwalk Area
  • Lot Dimensions: 50 x 73

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Mar 25, 2024
Sold by
R & J 1713 Reverend J J Walters Llc
Bought by
Red Loop Ac Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$240,000
Sold Price
$225,000
Premium/Discount to List
-$15,000
-6.25%
Views
34
Current Estimated Value
$243,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,319
Avg. Annual Appreciation
4.71%
Original Mortgage
$212,600
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2022
Sold by
Rj & J Assets Llc
Bought by
R & J 1713 Reverend J J Walters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2021
Sold by
Lee Wayne
Bought by
Rj & J Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,525
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2017
Sold by
Bank Of America Na
Bought by
Lee Wayne

Purchase Details

Closed on
May 19, 2015
Sold by
Bynum Dorinda S
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 21, 2007
Sold by
Riggins David L
Bought by
Bynum Dorinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,029
Interest Rate
6.27%
Mortgage Type
FHA
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
Red Loop Ac Llc $225,000 Force Home Title & Abstract
R & J 1713 Reverend J J Walters Llc -- --
Rj & J Assets Llc $47,500 Fifth Avenue Title Agcy Inc
Lee Wayne $10,000 None Available
Bank Of America Na -- None Available
Bynum Dorinda S $257,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Loop Ac Llc $252,750
Closed Red Loop Ac Llc $212,600
Previous Owner R & J 1713 Reverend J J Walters Llc $135,000
Previous Owner Rj & J Assets Llc $154,525
Previous Owner Bynum Dorinda S $253,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Sold $225,000 -6.3% $58 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
12/17/2023 12/17/23 For Sale $240,000 -- $62 / 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 $2,689 $77,900 $30,000 $47,900
2023 $2,942 $77,900 $30,000 $47,900
2022 $2,942 $77,900 $30,000 $47,900
2021 $3,039 $77,900 $30,000 $47,900
2020 $3,065 $77,900 $30,000 $47,900
2019 $3,359 $84,300 $54,300 $30,000
2018 $7,002 $198,200 $122,600 $75,600
2017 $6,780 $198,200 $122,600 $75,600
2016 $7,651 $198,200 $122,600 $75,600
2015 $6,782 $198,200 $122,600 $75,600
2014 $6,636 $198,200 $122,600 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Gerard Barker

    Seller's Agent in 2024

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    41 in this area

    228 Total Sales

    Section Image
  • Silvette Rivera

    Buyer's Agent in 2024

    Silvette Rivera

    Weichert Corporate

    (856) 238-2082

    12 in this area

    81 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 580578

South Jersey Shore Regional MLS

APN: 02-00510-0000-00007

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1713 Reverend J Walters Ave, Atlantic City, NJ

This home is located at 1713 Reverend J Walters Ave, Atlantic City, NJ 08401 since 17 December 2023 and is currently estimated at $243,319, approximately $63 per square foot. 1713 Reverend J Walters Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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.

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