NOT LISTED FOR SALE

2439 Formicas Way Unit 2439 Atlantic City, NJ 08401

Ducktown Neighborhood

Estimated Value: $261,000 - $379,000

3 Beds
2.5 Baths
-- Sq Ft
1,263 Sq Ft Lot

Last Sold August 29, 2016

Last sale price $120,000

Est. 152% increase in value since last sale

Current estimated payment $1,971/month

125 Days on Market

Highlights

  • Main Floor Bedroom
  • Forced Air Heating and Cooling System
  • Carpet
  • End Unit
  • Hot Water Heating System
  • 4-minute walk to Texas Avenue Playground

About This Home

As of August 2016

ONE OF THE FEW GATED COMMUINTIES IN AC. located in the heart of Atlantic city condo features 1st floor garage with 2nd room for storage top Master bedroom with its own private bath and a deck over looking AC SKYLINE. main floor 2 bedrooms and 1 1/2 baths with laundry room kitchen living room gas heat and central air LOCATION 2 blocks to the walk outlet 3 blocks to the famous boardwalk and beaches. for night life boardwalk hall for concerts and main events TRANSPORTION the train and bus station

Last Agent to Sell the Property

Sheldon Grace

GRACE PROPERTIES Listed on: 03/18/2015

Last Buyer's Agent

Dante Nappi

REAL-FAIRFIELD

REAL-FAIRFIELD

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 2008

Lot Details

  • End Unit

Home Design

  • Vinyl Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Parking

  • 1 Car Garage
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include maintenance, management, trash
  • Atlantic Ave Condos

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,629

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Rugs
  • Year Built: 2008
  • Age: 6 To 10 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main

Exterior Features

  • Siding Exterior: Stone, Stucco, Vinyl

Garage/Parking

  • Garage: One Car
  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Maintenance, Management, Trash
  • Condo Name: Atlantic Ave
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Master Bath, Pets Allowed, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Aug 17, 2016
Sold by
Estates Of Ac Llc
Bought by
Basazinew Yeshe
Seller's Agent
Sheldon Grace
GRACE PROPERTIES
Buyer's Agent
Dante Nappi
REAL-FAIRFIELD
List Price
$154,000
Sold Price
$120,000
Premium/Discount to List
-$34,000
-22.08%
Current Estimated Value
$302,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,785
Avg. Annual Appreciation
10.63%
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
Basazinew Yeshe $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $120,000 -22.1% --
07/21/2015 07/21/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $154,000 -- --
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 $4,629 $134,100 $45,000 $89,100
2024 $4,629 $134,100 $45,000 $89,100
2023 $5,065 $134,100 $45,000 $89,100
2022 $5,065 $134,100 $45,000 $89,100
2021 $5,231 $134,100 $45,000 $89,100
2020 $5,275 $134,100 $45,000 $89,100
2019 $5,777 $145,000 $72,500 $72,500
2018 $5,331 $145,000 $72,500 $72,500
2017 $5,331 $145,000 $72,500 $72,500
2016 $5,597 $145,000 $72,500 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Sheldon Grace

    Seller's Agent in 2016

    Sheldon Grace

    GRACE PROPERTIES

    (609) 485-2262

    2 in this area

    56 Total Sales

    Sheldon Grace
    Section Image
  • Dante Nappi

    Buyer's Agent in 2016

    Dante Nappi

    REAL-FAIRFIELD

    (609) 548-1588

    16 Total Sales

    Dante Nappi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 445057

South Jersey Shore Regional MLS

APN: 02-00339-0000-00038-0000-CD202

New Jersey Atlantic County Atlantic City 08401 Ducktown

2439 Formicas Way Unit 2439, Atlantic City, NJ

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