NOT LISTED FOR SALE

2505 Atlantic Ave Longport, NJ 08403

Estimated Value: $2,799,725 - $3,415,000

5 Beds
7 Baths
-- Sq Ft
4,051 Sq Ft Lot

Last Sold December 28, 2020

Last sale price $1,690,000

Est. 80% increase in value since last sale

Current estimated payment $18,344/month

94 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Porch
  • Deck
  • Den
  • 1 Car Attached Garage

About This Home

As of December 2020

AMAZING HOME JUST ONE BLOCK FROM THE BEACH IN LONGPORT! Gorgeous 3-story home is truly a beauty to see! Featuring 5 en-suite bedrooms with private baths, two powder rooms and elevator! Walk into the first floor featuring two bedrooms, two full baths, den/office, laundry room and powder room. Take the elevator up to the second floor main level featuring large open living room w/ fireplace, gourmet kitchen w/ huge center island and high-end appliances and dining area. Two more ensuites and powder room complete the second floor. Third floor master suite encompasses huge master bedroom, separate living area to enjoy morning coffee and private elevator entrance. Master bathroom features huge walk-in glass shower, soaking tub and his & her's vanities. Large decks from all three levels, attached garage and parking for 3+ cars! Don't miss this beauty!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 07/31/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 07/31/2020

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,803

Lot Details

  • Lot Dimensions are 54.32x74.54

Parking

  • 1 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Crawl Space
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,803

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 07/31/2020
  • New Construction: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Kitchen Center Island, Security System, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 54.32x74.54
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 28, 2020
Sold by
Singh Ravinder
Bought by
Solomon Edward and Solomon Rosalie
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$2,000,000
Sold Price
$1,690,000
Premium/Discount to List
-$310,000
-15.5%
Current Estimated Value
$3,041,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,351,575
Avg. Annual Appreciation
14.84%
Original Mortgage
$1,098,500
Outstanding Balance
$985,933
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,155,483

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 22, 2020
Sold by
Singh Ravinder
Bought by
Solomon Edward and Solomon Rosalie
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$2,000,000
Sold Price
$1,690,000
Premium/Discount to List
-$310,000
-15.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,500
Outstanding Balance
$985,933
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$2,155,483

Purchase Details

Closed on
Dec 1, 2014
Sold by
Parisi Joseph and Parisi Joanne
Bought by
Singh Ravinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Dangelo Alfred J
Bought by
Parisi Joseph and Parisi Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.92%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Solomon Edward $1,690,000 Surety Title
Solomon Edward $1,690,000 Surety Title Company
Singh Ravinder $805,000 None Available
Parisi Joseph $265,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Edward $1,098,500
Closed Solomon Edward $1,098,500
Previous Owner Singh Ravinder $1,293,000
Previous Owner Singh Ravinder $0
Previous Owner Singh Ravinder $644,000
Previous Owner Parisi Joseph $206,000
Previous Owner Parisi Joseph $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $1,690,000 -11.1% --
11/02/2020 11/02/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $1,900,000 -5.0% --
07/31/2020 07/31/20 For Sale $2,000,000 0.0% --
05/20/2020 05/20/20 Rented -- -- --
02/08/2020 02/08/20 For Rent $80,000 -- --
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
2024 $16,803 $1,497,600 $581,500 $916,100
2023 $15,171 $1,497,600 $581,500 $916,100
2022 $15,171 $1,497,600 $581,500 $916,100
2021 $14,572 $1,497,600 $581,500 $916,100
2020 $14,766 $1,497,600 $581,500 $916,100
2019 $14,736 $1,497,600 $581,500 $916,100
2018 $14,736 $1,497,600 $581,500 $916,100
2017 $5,606 $581,500 $581,500 $0
2016 $5,385 $581,500 $581,500 $0
2015 $5,687 $627,000 $581,500 $45,500
2014 $5,630 $627,000 $581,500 $45,500
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2020

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    783 Total Sales

    Paula Hartman
    Section Image
  • Dana Hartman

    Buyer's Agent in 2020

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    213 Total Sales

    Dana Hartman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539991

South Jersey Shore Regional MLS

APN: 15-00025-0000-00003-01

New Jersey Atlantic County Longport 08403

2505 Atlantic Ave, Longport, NJ

This home is located at 2505 Atlantic Ave, Longport, NJ 08403 since 31 July 2020 and is currently estimated at $3,041,575. 2505 Atlantic Ave is a home located in Atlantic County with nearby schools including Blessed Sacrament Regional School, St. James Elementary School, and Saint Joseph Regional School.

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