NOT LISTED FOR SALE

Estimated Value: $173,000 - $273,000

-- Bed
-- Bath
2,424 Sq Ft
$92/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $35,000 $14 Per Sq Ft

Est. 537% increase in value since last sale

Current estimated payment $1,489/month

178 Days on Market

About This Home

As of January 2020

This is a great investment opportunity. Two units in this home and it is set up as a two family residence. Not side by side, apartments are top and bottom floors. In the heart of Atlantic City, a desirable place to work and play. This one won't last.

Last Agent to Sell the Property

Jennifer McCann

ELITE TEAM REALTY, LLC License #1969462 Listed on: 06/17/2019

Last Buyer's Agent

Jennifer McCann

ELITE TEAM REALTY, LLC License #1969462 Listed on: 06/17/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,265

Home Design

  • Duplex

Additional Features

  • Lot Dimensions are 25 x 90
  • No Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Year Built: 1900
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: No Heating
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 25 x 90

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2019
Closed on
Dec 30, 2019
Sold by
Us Bank Trust Na
Bought by
Montalvo Anthony
Seller's Agent
Jennifer McCann
ELITE TEAM REALTY, LLC
Buyer's Agent
Jennifer McCann
ELITE TEAM REALTY, LLC
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%
Current Estimated Value
$222,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,940
Avg. Annual Appreciation
36.72%

Purchase Details

Closed on
Aug 22, 2017
Sold by
Thompson Johnie and Estate Of Celestine D Thompson
Bought by
U S Bank Trust N A

Purchase Details

Closed on
Sep 20, 1999
Sold by
Wood Marshall D
Bought by
Thompson Celestine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,288
Interest Rate
8.1%
Mortgage Type
FHA
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
Montalvo Anthony $35,000 Madison Title Agency Llc
U S Bank Trust N A $1,000 None Available
Thompson Celestine D $87,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Celestine D $86,288
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2020 01/07/20 Sold $35,000 -2.5% $14 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $35,900 -19.3% $15 / Sq Ft
08/22/2019 08/22/19 Price Changed $44,500 -9.2% $18 / Sq Ft
07/22/2019 07/22/19 Price Changed $49,000 -2.0% $20 / Sq Ft
06/17/2019 06/17/19 For Sale $50,000 -- $21 / 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 $3,787 $109,700 $24,000 $85,700
2024 $3,787 $109,700 $24,000 $85,700
2023 $4,143 $109,700 $24,000 $85,700
2022 $4,143 $109,700 $24,000 $85,700
2021 $4,279 $109,700 $24,000 $85,700
2020 $4,316 $109,700 $24,000 $85,700
2019 $3,984 $100,000 $50,000 $50,000
2018 $7,349 $208,000 $104,000 $104,000
2017 $7,116 $208,000 $104,000 $104,000
2016 $8,029 $208,000 $104,000 $104,000
2015 $7,546 $220,500 $107,800 $112,700
2014 $7,382 $220,500 $107,800 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 523872

South Jersey Shore Regional MLS

APN: 02-00507-0000-00004