NOT LISTED FOR SALE

2507 Arctic Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $240,000 - $313,000

5 Beds
1.5 Baths
2,136 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $60,000 $28 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $1,780/month

19 Days on Market

About This Home

As of October 2017

This is a Short Sale 5Br and 1.5 Ba close to casino,boardwalk,school and public transporttation and Outlest. This property need some TLC. All cash offers should be submitted with proof of funds for closing All non-cash offers should be submitted with a prequalification letter

Last Agent to Sell the Property

Federico Maldonado

GRACE PROPERTIES Listed on: 10/27/2016

Last Buyer's Agent

Federico Maldonado

GRACE PROPERTIES Listed on: 10/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 19x80

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Storm Screens

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,094

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 11/16/2016
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Vinyl, W/W Carpet
  • Bedrooms: 5
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Full

Exterior Features

  • Siding Exterior: Brick
  • Storm Screens: Combination

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 19X80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Silva Herrera Catalina
Bought by
Herrera Catalina Silva
Current Estimated Value
$266,125

Purchase Details

Closed on
Mar 5, 2021
Sold by
Rafael Efigenio Aquino and Herrera Catalina Silva
Bought by
Herrera Catalina Silva and Silva Juan Jose

Purchase Details

Closed on
Sep 25, 2018
Sold by
Rojas Rolando
Bought by
Aquino Herrera Catalina Silva and Aquino Rafael Efigenio

Purchase Details

Listed on
Oct 27, 2016
Closed on
Oct 24, 2017
Sold by
Gracida Arturo
Bought by
Rojas Rolando
Seller's Agent
Federico Maldonado
GRACE PROPERTIES
Buyer's Agent
Federico Maldonado
GRACE PROPERTIES
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Jiang Peter
Bought by
Gracida Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,380
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2000
Sold by
Giang Tien Duc
Bought by
Jiang Peter
Source: Public Records

Range of Values:

Collateral Analytics

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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
Herrera Catalina Silva -- --
Herrera Catalina Silva -- None Available
Aquino Herrera Catalina Silva -- None Available
Rojas Rolando $60,000 None Available
Gracida Arturo $102,000 --
Jiang Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gracida Arutur $204,750
Previous Owner Gracida Arturo $160,000
Previous Owner Gracida Arturo $93,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $60,000 0.0% $28 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $60,000 -- $28 / 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 $4,094 $118,600 $24,800 $93,800
2024 $4,094 $118,600 $24,800 $93,800
2023 $4,480 $118,600 $24,800 $93,800
2022 $4,480 $118,600 $24,800 $93,800
2021 $4,627 $118,600 $24,800 $93,800
2020 $4,666 $118,600 $24,800 $93,800
2019 $11,044 $277,200 $145,300 $131,900
2018 $9,793 $277,200 $145,300 $131,900
2017 $9,483 $277,200 $145,300 $131,900
2016 $10,700 $277,200 $145,300 $131,900
2015 $9,486 $277,200 $145,300 $131,900
2014 $9,281 $277,200 $145,300 $131,900
Source: Public Records

Agents Affiliated with this Home

  • Federico Maldonado

    Seller's Agent in 2017

    Federico Maldonado

    GRACE PROPERTIES

    (609) 369-3027

    3 in this area

    185 Total Sales

    Federico Maldonado
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 477873

South Jersey Shore Regional MLS

APN: 02-00340-0000-00013

New Jersey Atlantic County Atlantic City 08401 Chelsea

2507 Arctic Ave, Atlantic City, NJ

This home is located at 2507 Arctic Ave, Atlantic City, NJ 08401 since 27 October 2016 and is currently estimated at $266,125, approximately $124 per square foot. This property was built in 1900. 2507 Arctic 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.

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