NOT LISTED FOR SALE

Estimated Value: $153,000 - $178,000

-- Bed
-- Bath
1,218 Sq Ft
$135/Sq Ft Est. Value

About This Home

This home is located at 2021 Magellan Ave, Atlantic City, NJ 08401 and is currently estimated at $164,994, approximately $135 per square foot. 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2019
Sold by
Erlandson Lila
Bought by
Bc Real Estate Ventures Llc
Current Estimated Value
$163,470

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

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 $2,164 $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

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