NOT LISTED FOR SALE

1932 Magellan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $198,000 - $248,000

-- Bed
-- Bath
1,592 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $39,000 $24 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $1,544/month

1 Day on Market

About This Home

As of April 2019

INVESTOR ALERT! Vacant Duplex w/ 2br and 1 bath in each unit. Separate updated electric and heating and newer windows. This won't last! Make an offer TODAY! Property is being sold strictly "AS IS" and Buyer is responsible for all certs, inspections and CO.

Last Agent to Sell the Property

Georgeanna Newmones

eXp Realty-Atlantic City Listed on: 03/20/2019

eXp Realty-Atlantic City

Co-Listed By

VERONICA BARNES

EXECUTIVE REALTORS License #1861287

Last Buyer's Agent

Georgeanna Newmones

eXp Realty-Atlantic City Listed on: 03/20/2019

eXp Realty-Atlantic City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,714

Lot Details

  • Lot Dimensions are 16 x 100

Home Design

  • Duplex

Interior Spaces

  • Living Room
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,714

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 03/21/2019
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Kitchen, Living Room

Exterior Features

  • Outside Features: Needs Work

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 16 X 100

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 15, 2019
Sold by
Jones Kathryn
Bought by
Terry Phillip
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
List Price
$39,000
Sold Price
$39,000
Current Estimated Value
$228,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,256
Avg. Annual Appreciation
31.68%

Purchase Details

Closed on
Jun 27, 2007
Sold by
Claiborne William J
Bought by
Claiborne William J and Jones Kathryn
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
Terry Phillip $39,000 The Title Company Of Jersey
Claiborne William J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $39,000 0.0% $24 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $39,000 -- $24 / 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 $3,714 $107,600 $21,400 $86,200
2024 $3,714 $107,600 $21,400 $86,200
2023 $4,064 $107,600 $21,400 $86,200
2022 $4,064 $107,600 $21,400 $86,200
2021 $4,197 $107,600 $21,400 $86,200
2020 $3,983 $107,600 $21,400 $86,200
2019 $2,937 $80,000 $20,000 $60,000
2018 $2,576 $80,000 $20,000 $60,000
2017 $2,487 $80,000 $20,000 $60,000
2016 $3,417 $95,000 $35,000 $60,000
2015 $6,040 $183,800 $105,700 $78,100
2014 $5,904 $183,800 $105,700 $78,100
Source: Public Records

Agents Affiliated with this Home

  • Georgeanna Newmones

    Seller's Agent in 2019

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    21 in this area

    245 Total Sales

    Georgeanna Newmones
    Section Image
  • VERONICA BARNES

    Seller Co-Listing Agent in 2019

    VERONICA BARNES

    EXECUTIVE REALTORS

    (609) 254-6419

    5 Total Sales

    VERONICA BARNES
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519461

South Jersey Shore Regional MLS

APN: 02-00492-0000-00001

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1932 Magellan Ave, Atlantic City, NJ

This home is located at 1932 Magellan Ave, Atlantic City, NJ 08401 since 20 March 2019 and is currently estimated at $228,256, approximately $143 per square foot. 1932 Magellan Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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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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