NOT LISTED FOR SALE

246 Nevada Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $163,640 - $240,000

3 Beds
1 Bath
1,162 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $29,900 $26 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $1,288/month

21 Days on Market

About This Home

As of October 2016

Great Location in Atlantic City. Close to all the city has to offer. This home features 3 beds and 1 bath

Last Agent to Sell the Property

BRETT NEAL

Shoreside Realty LLC Listed on: 09/16/2016

Co-Listed By

CHRISTOPHER HUTCHISON

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #1539230

Last Buyer's Agent

Jose Baidal

Genesis Realty and Notary Service, LLC License #1221268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,517

Lot Details

  • 1,089

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,517

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 09/16/2016
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1

Lot Info

  • Lot Dimensions: 0.02
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 11, 2016
Sold by
Federal Home Loan Mortgage Corp
Bought by
Bhuiyan Imtiaz
Seller's Agent
BRETT NEAL
Shoreside Realty LLC
Buyer's Agent
Jose Baidal
Genesis Realty and Notary Service, LLC
List Price
$29,900
Sold Price
$29,900
Current Estimated Value
$199,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,510
Avg. Annual Appreciation
23.82%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Reaz Mehmud and Mosammet Nasrin F
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 18, 2007
Sold by
Mehmud Reaz
Bought by
Mehmud Reaz and Nasrin Mosammet F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,900
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 2005
Sold by
Islam Shamsul and Islam Florida
Bought by
Mehmud Reaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,950
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2001
Sold by
Dao Thanh
Bought by
Islam Shamsul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1997
Sold by
Hud
Bought by
Dao Thanh
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bhuiyan Imtiaz $29,900 --
Federal Home Loan Mortgage Corporation $1,000 None Available
Mehmud Reaz -- Independence Abstract & Titl
Mehmud Reaz $161,000 Fidelity National
Islam Shamsul $66,600 --
Dao Thanh $23,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehmud Reaz $50,900
Previous Owner Mehmud Reaz $156,000
Previous Owner Mehmud Reaz $152,950
Previous Owner Islam Shamsul $60,000
Previous Owner Dao Thanh $28,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $29,900 0.0% $26 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $29,900 -- $26 / 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 $2,517 $72,900 $24,400 $48,500
2024 $2,517 $72,900 $24,400 $48,500
2023 $2,753 $72,900 $24,400 $48,500
2022 $2,753 $72,900 $24,400 $48,500
2021 $3,429 $87,900 $24,400 $63,500
2020 $3,458 $87,900 $24,400 $63,500
2019 $2,510 $63,000 $31,500 $31,500
2018 $2,583 $73,100 $32,500 $40,600
2017 $4,718 $137,900 $97,300 $40,600
2016 $5,323 $137,900 $97,300 $40,600
2015 $4,719 $137,900 $97,300 $40,600
2014 $4,617 $137,900 $97,300 $40,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    BRETT NEAL

    Shoreside Realty LLC

    (856) 229-2229

    114 Total Sales

    BRETT NEAL
    Section Image

  • C

    Seller Co-Listing Agent in 2016

    CHRISTOPHER HUTCHISON

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 674-4887

    CHRISTOPHER HUTCHISON
    Section Image

  • J

    Buyer's Agent in 2016

    Jose Baidal

    Genesis Realty and Notary Service, LLC

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 474789

South Jersey Shore Regional MLS

APN: 02-00383-0000-00009

New Jersey Atlantic County Atlantic City 08401 Chelsea

246 Nevada Ave, Atlantic City, NJ

This home is located at 246 Nevada Ave, Atlantic City, NJ 08401 since 16 September 2016 and is currently estimated at $199,410, approximately $171 per square foot. 246 Nevada Ave is a home located in Atlantic County with nearby schools including Texas Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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.

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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