Seller's Agent in 2024
David Hirsch
BOARDWALK REALTY
(609) 214-9567
134 in this area
192 Total Sales
The Ritz 2721 Boardwalk Unit 308 Atlantic City, NJ 08401
Chelsea NeighborhoodEstimated Value: $138,582 - $170,000
--
Bed
1
Bath
--
Sq Ft
523
Sq Ft Lot
Highlights
- Ocean Front
- Cathedral Ceiling
- Breakfast Area or Nook
- Building is beachfront but unit may not have water views
- Community Pool
- Elevator
About This Home
As of June 2024EXTRA LARGE DELUXE STUDIO WITH A SPACIOUS OPEN FLOOR PLAN & LARGE WALK-IN CLOSET! All furniture, Murphy bed and trundle beds included! The Ritz is located on the Historic Atlantic City Boardwalk and beach! HOA fees include 24 hr. security and on-site management, heat, air conditioning, electric, water, sewer, & trash. Amenities include a beautiful indoor heated pool, hot tub, sauna, a fully-equipped gym & more! Each floor has its own convenient laundry room and trash removal.
Property Details
Home Type
- Condominium
Year Built
- Built in 1921
Lot Details
- Building is beachfront but unit may not have water views
- Ocean Front
Home Design
- Brick Exterior Construction
- Stucco
Interior Spaces
- Partially Furnished
- Cathedral Ceiling
- Water Views
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Air Conditioning
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, air conditioning, heat, pool
- Ritz Condos
- 11-Story Property
Amenities
- Courtesy Bus
- Laundry Facilities
- Elevator
Recreation
- Community Boardwalk
- Community Pool
Pet Policy
- Pets Allowed with Restrictions
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2024
Closed on
Jul 10, 2024
Sold by
Weinpel Philip J and Weinpel Charles E
Bought by
Jones Robert
Seller's Agent
David Hirsch
BOARDWALK REALTY
Buyer's Agent
Catherine Portock
RE/MAX ATLANTIC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,396
Avg. Annual Appreciation
4.61%
Original Mortgage
$140,000
Outstanding Balance
$138,315
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$11,081
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Robert | $140,000 | Surety Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Robert | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $140,000 | -6.7% | -- |
| 05/28/2024 05/28/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | Price Changed | $150,000 | -11.8% | -- |
| 02/21/2024 02/21/24 | Price Changed | $170,000 | +6.3% | -- |
| 02/12/2024 02/12/24 | For Sale | $160,000 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $2,254 | $65,300 | $15,000 | $50,300 |
| 2024 | $2,254 | $65,300 | $15,000 | $50,300 |
| 2023 | $2,466 | $65,300 | $15,000 | $50,300 |
| 2022 | $2,466 | $65,300 | $15,000 | $50,300 |
| 2021 | $2,520 | $65,300 | $15,000 | $50,300 |
| 2020 | $2,569 | $65,300 | $15,000 | $50,300 |
| 2019 | $2,390 | $60,000 | $30,000 | $30,000 |
| 2018 | $1,870 | $60,000 | $30,000 | $30,000 |
| 2017 | $2,829 | $90,000 | $55,000 | $35,000 |
| 2016 | $3,224 | $90,000 | $55,000 | $35,000 |
| 2015 | $2,830 | $90,000 | $55,000 | $35,000 |
| 2014 | $3,433 | $110,000 | $55,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Hirsch
-
Catherine Portock
Buyer's Agent in 2024
Catherine Portock
RE/MAX
(609) 312-8949
3 in this area
178 Total Sales
About The Ritz
Map
Source: South Jersey Shore Regional MLS
MLS Number: 582107
APN: 02-00031-0000-00002-0000-C0308
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