NOT LISTED FOR SALE

205 Grammercy Place Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $424,000 - $489,000

3 Beds
2.5 Baths
1,452 Sq Ft
$309/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $430,000 $296 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,831/month

20 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Bathtub with Shower
  • No HOA
  • Eat-In Kitchen
  • 3-minute walk to Oscar E. McClinton Waterfront Park

About This Home

As of August 2024

INVESTORS DREAM! Just in time for summer in the desireable inlet area! This fully furnished, single family home has a gorgeous renovated interior, an open concept kitchen perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the quiet northern end of AC yet minutes from all the action. The bedrooms, full bath and laundry are on the second floor. The exterior features a front porch, fence, a large driveway and a one car garage that is currently a party room. Use as a vacation home and rent for extra income. This property has successfully run as a short term rental with a $50k average income. Please ask to see investor packet for rental history, upgrades and comps that make this purchase a no brainer. Completely turn key with complete management of Airbnb in place and upcoming bookings can be included . No HOA.

Last Agent to Sell the Property

Marsha Straka

Keller Williams Realty - Wildwood Crest License #1327176 Listed on: 06/11/2024

Keller Williams Realty - Wildwood Crest

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1997

Lot Details

  • 2,522 Sq Ft Lot
  • Lot Dimensions are 35.00 x 72.00
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Frame Construction

Interior Spaces

  • 1,452 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Location

  • Flood Risk

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 00012
  • Assessor Parcel Number 02-00121 02-00012

Community Details

Overview

  • No Home Owners Association
  • Gardners Basin Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,055

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • Exclusions: supplies, portable rollaways, small appliances, kitchen items
  • Historic: No
  • Inclusions: furniture, blinds, curtains, rods
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1997
  • Automatically Close On Close Date: Yes
  • Remarks Public: INVESTORS DREAM! Just in time for summer in the desireable inlet area! This fully furnished, single family home has a gorgeous renovated interior, an open concept kitchen perfect for entertaining. Just steps to the inlet boardwalk and 3 blocks to the beach on the quiet northern end of AC yet minutes from all the action. The bedrooms, full bath and laundry are on the second floor. The exterior features a front porch, fence, a large driveway and a one car garage that is currently a party room. Use as a vacation home and rent for extra income. This property has successfully run as a short term rental with a $50k average income. Please ask to see investor packet for rental history, upgrades and comps that make this purchase a no brainer. Completely turn key with complete management of Airbnb in place and upcoming bookings can be included . No HOA.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Range
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Window Treatments
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1452
  • Living Area Sq Ft: 1452
  • Price Per Sq Ft: 302.96
  • Above Grade Finished Sq Ft: 1452
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 205

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 35.00 x 72.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2522.00
  • Year Assessed: 2023
  • Zoning: NEIR

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Total Actual Rent: 45000.00
  • Vacation Rental: Yes
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5055.00
  • Assessor Parcel Number: 02-00121 02-00012
  • Tax Lot: 00012
  • Tax Total Finished Sq Ft: 1452
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/02/2024

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 5, 2024
Sold by
Flame Investments Llc
Bought by
Liberman Lauren and Linhares Robert
Seller's Agent
Marsha Straka
Keller Williams Realty - Wildwood Crest
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Views
55
Current Estimated Value
$448,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,117
Avg. Annual Appreciation
3.86%
Original Mortgage
$305,000
Outstanding Balance
$301,979
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$146,138

Purchase Details

Closed on
Oct 22, 2020
Sold by
Filiciello Christopher
Bought by
Flame Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2016
Closed on
Jun 22, 2016
Sold by
Clark James N and Clark Patricia
Bought by
Filiciello Christopher
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Scott Sandlin
BOARDWALK REALTY
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$122,735
Interest Rate
3.64%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 1998
Sold by
Procida Realty & Construction Corp
Bought by
Clark James N and Clark Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,650
Interest Rate
6.51%

Purchase Details

Closed on
Jan 8, 1998
Sold by
Casino Reinvestment Development Authorit
Bought by
Procida Realty & Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,650
Interest Rate
6.51%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Liberman Lauren $430,000 First American Title
Flame Investments Llc $145,000 None Listed On Document
Filiciello Christopher $125,000 None Available
Clark James N $101,000 Fidelity Title Abstract Co
Procida Realty & Construction Corp -- Fidelity Title Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberman Lauren $305,000
Previous Owner Flame Investments Llc $127,700
Previous Owner Flame Investments Llc $116,000
Previous Owner Filiciello Christopher $122,735
Previous Owner Clark James N $75,000
Previous Owner Clark James N $65,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $430,000 -2.3% $296 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $439,900 -1.1% $303 / Sq Ft
06/11/2024 06/11/24 For Sale $445,000 +256.0% $306 / Sq Ft
05/12/2016 05/12/16 Sold $125,000 0.0% $86 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $125,000 -- $86 / Sq Ft
Source: Bright 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 $4,895 $168,000 $45,200 $122,800
2024 $4,895 $141,800 $45,200 $96,600
2023 $5,356 $141,800 $45,200 $96,600
2022 $5,356 $141,800 $45,200 $96,600
2021 $5,532 $141,800 $45,200 $96,600
2020 $5,578 $141,800 $45,200 $96,600
2019 $5,896 $148,000 $50,000 $98,000
2018 $5,229 $148,000 $50,000 $98,000
2017 $5,063 $148,000 $50,000 $98,000
2016 $5,713 $148,000 $50,000 $98,000
2015 $5,065 $148,000 $50,000 $98,000
2014 $7,603 $227,100 $158,700 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Marsha Straka

    Seller's Agent in 2024

    Marsha Straka

    Keller Williams Realty - Wildwood Crest

    (215) 208-8687

    7 in this area

    26 Total Sales

    Marsha Straka
    Section Image
  • Gerard Barker

    Seller's Agent in 2016

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    96 in this area

    228 Total Sales

    Gerard Barker
    Section Image
  • Scott Sandlin

    Buyer's Agent in 2016

    Scott Sandlin

    BOARDWALK REALTY

    (484) 620-9689

    148 Total Sales

    Scott Sandlin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2012766

Bright MLS

APN: 02-00121-02-00012

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

205 Grammercy Place, Atlantic City, NJ

This home is located at 205 Grammercy Place, Atlantic City, NJ 08401 since 11 June 2024 and is currently estimated at $448,117, approximately $308 per square foot. This property was built in 1997. 205 Grammercy Place is a home located in Atlantic County with nearby schools including Uptown Complex 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.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes