NOT LISTED FOR SALE

2520 Arctic Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $117,455 - $191,000

-- Bed
-- Bath
1,092 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $74,025 $68 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $998/month

33 Days on Market

About This Home

As of September 2018

Don't wait! This duplex would be excellent as an investment opportunity or perfect for a family looking to be close to the school with renter income. The first floor unit has 2 bedrooms and 1 full bathroom while the second floor unit has 1 bedroom and 1 full bathroom. Hardwood flooring throughout. Great location across from the Texas Avenue Elementary School and one block from the Atlantic City Police Station. Within walking distance to local grocery stores and shopping. See today!

Last Agent to Sell the Property

Emily Marchese

MARCHESE REAL ESTATE, LLC Listed on: 07/05/2018

MARCHESE REAL ESTATE, LLC

Co-Listed By

CASSANDRA HOWIE

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Emily Marchese

MARCHESE REAL ESTATE, LLC Listed on: 07/05/2018

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,033

Lot Details

  • 1,742

Parking

  • 1 Parking Space

Home Design

  • Duplex

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Stove
  • Lot Dimensions are 25x80

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,033

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 07/05/2018
  • Allow Comsumer Comment: Yes
  • Special Features: 84
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 25x80

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2006
Sold by
Caputo Vincent
Bought by
Anh Ly
Current Estimated Value
$153,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$66,110
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,254
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
Anh Ly $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anh Ly $110,000
Previous Owner Caputo Vincenzo $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2018 09/26/18 Sold $74,025 -7.4% $68 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $79,900 -10.7% $73 / Sq Ft
07/05/2018 07/05/18 For Sale $89,500 -- $82 / 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 $2,033 $58,900 $27,000 $31,900
2024 $2,033 $58,900 $27,000 $31,900
2023 $2,225 $58,900 $27,000 $31,900
2022 $2,225 $58,900 $27,000 $31,900
2021 $2,298 $58,900 $27,000 $31,900
2020 $2,317 $58,900 $27,000 $31,900
2019 $1,992 $50,000 $10,000 $40,000
2018 $1,767 $50,000 $10,000 $40,000
2017 $1,711 $50,000 $10,000 $40,000
2016 $2,818 $73,000 $33,000 $40,000
2015 $2,498 $73,000 $33,000 $40,000
2014 $2,444 $73,000 $33,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Emily Marchese

    Seller's Agent in 2018

    Emily Marchese

    MARCHESE REAL ESTATE, LLC

    (609) 241-5141

    3 in this area

    231 Total Sales

    Emily Marchese
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    CASSANDRA HOWIE

    RE/MAX Platinum Properties

    (609) 385-5893

    3 in this area

    75 Total Sales

    CASSANDRA HOWIE
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 507810

South Jersey Shore Regional MLS

APN: 02-00275-0000-00008

New Jersey Atlantic County Atlantic City 08401 Chelsea

2520 Arctic Ave, Atlantic City, NJ

This home is located at 2520 Arctic Ave, Atlantic City, NJ 08401 since 05 July 2018 and is currently estimated at $153,364, approximately $140 per square foot. 2520 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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