NOT LISTED FOR SALE

2021 Magellan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $152,221 - $171,000

3 Beds
1.5 Baths
-- Sq Ft
915 Sq Ft Lot

Last Sold October 10, 2019

Last sale price $39,000

Est. 305% increase in value since last sale

Current estimated payment $1,022/month

152 Days on Market

About This Home

As of October 2019

Street parking. tenant on month to month. No showings until June 3

Last Agent to Sell the Property

Al Casalnova

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 04/17/2019

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

MAGDY ATALLAH

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,164

Lot Details

  • Lot Dimensions are 50x80

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,164

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 04/17/2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Slab

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 50x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Oct 8, 2019
Sold by
Erlandson Lila
Bought by
Bc Real Estate Ventures Llc
Seller's Agent
Al Casalnova
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
MAGDY ATALLAH
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$60,000
Sold Price
$39,000
Premium/Discount to List
-$21,000
-35%
Current Estimated Value
$158,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,055
Avg. Annual Appreciation
27.54%

Purchase Details

Closed on
Oct 14, 2016
Sold by
Parker Freddrick and Parker Arlene
Bought by
Erlandson Lila

Purchase Details

Closed on
Jul 27, 2007
Sold by
Cit Group/Consumer Finance Inc
Bought by
Parker Fredderick and Parker Arlene

Purchase Details

Closed on
Jul 21, 2005
Sold by
Smith Martin
Bought by
Webb Daryle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,510
Interest Rate
8.6%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 25, 2004
Sold by
Seufert Barbara
Bought by
Smith Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Magellan Ave Trust
Bought by
Seufert Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,950
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2002
Sold by
Moore Lloyd W and Moore Mary
Bought by
Friedman Marc and Friedman Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7%
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
Bc Real Estate Ventures Llc $39,000 The Title Company Of Jersey
Erlandson Lila $41,000 --
Parker Fredderick $67,900 Foundation Title
Webb Daryle $133,900 Equity Plus Title Agency Llc
Smith Martin $95,000 Independence Abstract & Titl
Seufert Barbara $79,500 --
Seufert Barbara $79,500 First American Title Ins Co
Friedman Marc $60,000 Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Daryle $120,510
Previous Owner Smith Martin $85,500
Previous Owner Seufert Barbara $7,950
Previous Owner Seufert Barbara $63,600
Previous Owner Friedman Marc $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $39,000 -21.8% --
09/16/2019 09/16/19 Pending -- -- --
08/17/2019 08/17/19 Price Changed $49,900 -9.3% --
07/30/2019 07/30/19 Price Changed $55,000 -8.3% --
07/14/2019 07/14/19 For Sale $60,000 0.0% --
06/11/2019 06/11/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $60,000 -- --
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 $2,164 $62,700 $18,700 $44,000
2024 $2,164 $62,700 $18,700 $44,000
2023 $2,368 $62,700 $18,700 $44,000
2022 $2,368 $62,700 $18,700 $44,000
2021 $2,446 $62,700 $18,700 $44,000
2020 $2,467 $62,700 $18,700 $44,000
2019 $2,665 $66,900 $25,000 $41,900
2018 $2,364 $66,900 $25,000 $41,900
2017 $3,421 $100,000 $75,000 $25,000
2016 $3,860 $100,000 $75,000 $25,000
2015 $3,422 $100,000 $75,000 $25,000
2014 $3,348 $100,000 $75,000 $25,000
Source: Public Records

Agents Affiliated with this Home

  • Al Casalnova

    Seller's Agent in 2019

    Al Casalnova

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 338-9588

    4 in this area

    123 Total Sales

    Al Casalnova
    Section Image

  • M

    Buyer's Agent in 2019

    MAGDY ATALLAH

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 335-1353

    5 in this area

    19 Total Sales

    MAGDY ATALLAH
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 520916

South Jersey Shore Regional MLS

APN: 02-00645-0000-00001

New Jersey Atlantic County Atlantic City 08401 Monroe Park

2021 Magellan Ave, Atlantic City, NJ

This home is located at 2021 Magellan Ave, Atlantic City, NJ 08401 since 17 April 2019 and is currently estimated at $158,055. 2021 Magellan Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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