NOT LISTED FOR SALE

27 N Annapolis Ave Unit A14 Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $100,000 - $142,000

1 Bed
1 Bath
-- Sq Ft
$288/mo HOA Fee

Last Sold January 13, 2023

Last sale price $83,000

Est. 42% increase in value since last sale

Current estimated payment $1,054/month

179 Days on Market

Highlights

  • Living Room
  • Dining Area
  • Hot Water Baseboard Heater
  • Laundry Facilities
  • Carpet

About This Home

As of January 2023

Well-maintained one bedroom, one bath 2nd Fl condo in Bayview Condos! Located in the Lower Chelsea Section of Atlantic City and just a short walk to the beach and local transportation. The unit features a spacious living room, dining area off the kitchen, nice size bedroom, plenty of storage, a balcony overlooking the bay, and off-street parking. Currently,  tenant occupied on a month/month lease for $1,000.00 per month.  The HOA fee includes heat, water, and exterior maintenance.

Last Agent to Sell the Property

Tracey Newmones

(609) 944-8809 traceynewmones641@gmail.com EXP Realty, LLC Listed on: 05/09/2022

EXP Realty, LLC

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1920

Lot Details

  • 610

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Living Room
  • Dining Area
  • Carpet
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Property is in good condition
  • Flood Risk

Listing and Financial Details

  • Assessor Parcel Number 02-00229-00011-CA207

Community Details

Overview

  • Association fees include management, insurance, trash, common area maintenance, gas, water
  • Low-Rise Condominium
  • Atlantic City Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,935

Year Built

Built in 1920

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Inclusions: gas stove, refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: Yes
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: Well-maintained one bedroom, one bath 2nd Fl condo in Bayview Condos! Located in the Lower Chelsea Section of Atlantic City and just a short walk to the beach and local transportation. The unit features a spacious living room, dining area off the kitchen, nice size bedroom, plenty of storage, a balcony overlooking the bay, and off-street parking. Currently,  tenant occupied on a month/month lease for $1,000.00 per month.  The HOA fee includes heat, water, and exterior maintenance.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Entry Floor: 2
  • Flooring Type: Carpet
  • Interior Amenities: Carpet, Dining Area
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Common
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 288.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Trash, Common Area Maintenance, Gas, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Good
  • Zoning: R-3

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1935.00
  • Assessor Parcel Number: 02-00229-00011-CA207
  • Tax Year: 2021
  • Close Date: 01/13/2023

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jan 6, 2023
Sold by
Lowber Constance L
Bought by
Lonjuin Donnette
Seller's Agent
Tracey Newmones
EXP Realty, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%
Views
85
Current Estimated Value
$118,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,002
Avg. Annual Appreciation
13.54%
Original Mortgage
$62,250
Outstanding Balance
$54,713
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$63,289

Purchase Details

Closed on
Jul 10, 1998
Sold by
Shapey Elissa and Connor Elissa
Bought by
Lowber Constance L
Source: Public Records

Range of Values:

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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
Lonjuin Donnette $83,000 Surety Title
Lowber Constance L $40,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lonjuin Donnette $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $83,000 -7.8% --
08/29/2022 08/29/22 Price Changed $90,000 -5.2% --
05/26/2022 05/26/22 Price Changed $94,900 -5.0% --
05/09/2022 05/09/22 For Sale $99,900 0.0% --
10/15/2020 10/15/20 Rented $1,000 0.0% --
10/02/2020 10/02/20 Under Contract -- -- --
03/11/2020 03/11/20 For Rent $1,000 -- --
Source: Bright 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 $1,712 $49,600 $15,000 $34,600
2024 $1,712 $49,600 $15,000 $34,600
2023 $1,873 $49,600 $15,000 $34,600
2022 $1,873 $49,600 $15,000 $34,600
2021 $1,935 $49,600 $15,000 $34,600
2020 $1,951 $49,600 $15,000 $34,600
2019 $2,072 $52,000 $26,000 $26,000
2018 $1,431 $52,000 $26,000 $26,000
2017 $1,431 $52,000 $26,000 $26,000
2016 $2,007 $52,000 $26,000 $26,000
2015 $4,100 $119,800 $55,000 $64,800
2014 $4,011 $119,800 $55,000 $64,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2004052

Bright MLS

APN: 02-00229-0000-00011-0000-CA207