NOT LISTED FOR SALE

The Ritz 2721 Boardwalk Unit 621 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $113,236 - $133,000

-- Bed
1 Bath
-- Sq Ft
392 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $55,000

Est. 119% increase in value since last sale

Current estimated payment $806/month

66 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Sauna
  • Building is beachfront but unit may not have water views
  • Deck
  • Community Pool

About This Home

As of October 2020

This home is located at 2721 Boardwalk Unit 621, Atlantic City, NJ 08401 since 22 June 2020 and is currently estimated at $120,559. This property was built in 1921. 2721 Boardwalk Unit 621 is a home located in Atlantic County with nearby schools including Brighton Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Last Agent to Sell the Property

Carol Hartman

BOARDWALK REALTY License #0122079 Listed on: 06/22/2020

Last Buyer's Agent

Carol Hartman

BOARDWALK REALTY License #0122079 Listed on: 06/22/2020

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1921

Lot Details

  • 392

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Water Views
  • 1 Full Bathroom
  • Deck
  • Building is beachfront but unit may not have water views

Community Details

Overview

  • Association fees include amenities, electric, management, sewer, trash, water, hot water, air conditioning, heat, pool
  • Ritz Condos
  • 11-Story Property

Amenities

  • Building Patio
  • Community Deck or Porch
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 1921
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Dishwasher, Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Laundromat On Site, Outside Shower, Patio, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Management, Sewer, Trash, Water, Hot Water, Air Conditioning, Heat, Pool
  • Condo Name: Ritz
  • Management: Association, Off-Site Professionals, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 23, 2020
Sold by
Mitlo Christy
Bought by
Dominguez Jose Rafael and Dominguez Mercedes Thalita
Seller's Agent
Carol Hartman
BOARDWALK REALTY
Buyer's Agent
Carol Hartman
BOARDWALK REALTY
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%
Current Estimated Value
$120,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,559
Avg. Annual Appreciation
16.46%
Original Mortgage
$41,250
Outstanding Balance
$36,690
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$83,869

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 6, 2020
Sold by
Mitlo Christy
Bought by
Dominguez Jos Rafael and Viruet Thalita Mercedes
Seller's Agent
Carol Hartman
BOARDWALK REALTY
Buyer's Agent
Carol Hartman
BOARDWALK REALTY
List Price
$70,000
Sold Price
$55,000
Premium/Discount to List
-$15,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Outstanding Balance
$36,690
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$83,869

Purchase Details

Listed on
May 10, 2012
Closed on
Feb 21, 2013
Sold by
Carr Charles
Bought by
Mitlo Christy
Seller's Agent
David Hirsch
BOARDWALK REALTY
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Dominguez Jose Rafael $55,000 Shore Title
Dominguez Jos Rafael $55,000 Shore Title
Mitlo Christy $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Jose Rafael $41,250
Closed Dominguez Jos Rafael $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $55,000 -21.4% --
08/27/2020 08/27/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $70,000 -11.4% --
02/21/2013 02/21/13 Sold $79,000 0.0% -- View Prior Sale
01/30/2013 01/30/13 Pending -- -- --
05/10/2012 05/10/12 For Sale $79,000 -- --
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
2025 $2,068 $59,900 $25,000 $34,900
2024 $2,068 $59,900 $25,000 $34,900
2023 $2,262 $59,900 $25,000 $34,900
2022 $2,262 $59,900 $25,000 $34,900
2021 $2,337 $59,900 $25,000 $34,900
2020 $2,356 $59,900 $25,000 $34,900
2019 $2,072 $52,000 $26,000 $26,000
2018 $1,837 $52,000 $26,000 $26,000
2017 $2,395 $70,000 $60,000 $10,000
2016 $2,702 $70,000 $60,000 $10,000
2015 $2,395 $70,000 $60,000 $10,000
2014 $4,185 $125,000 $62,500 $62,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carol Hartman

    BOARDWALK REALTY

    (609) 345-3101

    10 in this area

    13 Total Sales

    Carol Hartman
    Section Image
  • David Hirsch

    Seller's Agent in 2013

    David Hirsch

    BOARDWALK REALTY

    (609) 214-9567

    134 in this area

    192 Total Sales

    David Hirsch
    Section Image
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About The Ritz

Map

Source: South Jersey Shore Regional MLS

MLS Number: 538388

South Jersey Shore Regional MLS

APN: 02-00031-0000-00002-0000-C0621

New Jersey Atlantic County Atlantic City 08401 Chelsea

2721 Boardwalk Unit 621, Atlantic City, NJ

Not Listed for Sale

Condos

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