NOT LISTED FOR SALE

2721 Fairmount Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $163,000 - $256,000

4 Beds
1 Bath
1,504 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $65,000 $43 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,345/month

83 Days on Market

Highlights

  • Porch
  • Dining Room
  • Carpet
  • Laundry Room
  • Baseboard Heating
  • 1-minute walk to Texas Avenue Playground

About This Home

As of December 2019

4 Br attached home . Spacious rooms through out . Full unfinished basement New Gas furnaces & Navien tank less water heater installed approx. 2018. Roof 2012 . Home in good condition and ready for your personal finishing touch .

Last Agent to Sell the Property

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR Listed on: 06/06/2019

BALSLEY/LOSCO-VENTNOR

Co-Listed By

MARGARET (MEG) HEARD

BALSLEY/LOSCO-VENTNOR

Last Buyer's Agent

Goran Cedevski

BHHS FOX and ROACH-Northfield

BHHS FOX and ROACH-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1900

Lot Details

  • 1,568

Parking

  • Shared Driveway

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Stove
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Lot Dimensions are 16.66 x 95

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 06/07/2019
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Vinyl, W/W Carpet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Basement: Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Porch

Garage/Parking

  • Driveway: Shared

Utilities

  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 16.66 X 95
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Dec 30, 2019
Sold by
Oxford Land Company Llc
Bought by
Mamun Mohammed Moshin Al and Fardous Jannatul
Seller's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
Goran Cedevski
BHHS FOX and ROACH-Northfield
List Price
$115,000
Sold Price
$65,000
Premium/Discount to List
-$50,000
-43.48%
Current Estimated Value
$207,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,486
Avg. Annual Appreciation
22.67%
Original Mortgage
$52,000
Outstanding Balance
$46,156
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$161,330

Purchase Details

Closed on
Jan 17, 2004
Sold by
Munafo Philip S and Munafo Matthew
Bought by
Oxford Land Co Llc
Source: Public Records

Range of Values:

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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
Mamun Mohammed Moshin Al $65,000 Trident Land Transfer Co Llc
Oxford Land Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamun Mohammed Moshin Al $52,000
Previous Owner Munafo Philip E $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $65,000 -31.6% $43 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/13/2019 08/13/19 Price Changed $95,000 -9.5% $63 / Sq Ft
07/10/2019 07/10/19 Price Changed $105,000 -8.7% $70 / Sq Ft
06/06/2019 06/06/19 For Sale $115,000 -- $76 / 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 $2,589 $75,000 $31,300 $43,700
2024 $2,589 $75,000 $31,300 $43,700
2023 $2,833 $75,000 $31,300 $43,700
2022 $2,833 $75,000 $31,300 $43,700
2021 $2,926 $75,000 $31,300 $43,700
2020 $2,951 $75,000 $31,300 $43,700
2019 $5,073 $98,000 $49,000 $49,000
2018 $7,115 $193,500 $141,000 $52,500
2017 $7,115 $193,500 $141,000 $52,500
2016 $7,469 $193,500 $141,000 $52,500
2015 $6,622 $193,500 $141,000 $52,500
2014 $6,478 $193,500 $141,000 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Donna Palazzo-Burnside

    Seller's Agent in 2019

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    48 Total Sales

    Donna Palazzo-Burnside
    Section Image
  • MARGARET (MEG) HEARD

    Seller Co-Listing Agent in 2019

    MARGARET (MEG) HEARD

    BALSLEY/LOSCO-VENTNOR

    (609) 289-6510

    14 Total Sales

    MARGARET (MEG) HEARD
    Section Image
  • Goran Cedevski

    Buyer's Agent in 2019

    Goran Cedevski

    BHHS Fox & Roach

    (609) 334-0238

    4 in this area

    96 Total Sales

    Goran Cedevski
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 523438

South Jersey Shore Regional MLS

APN: 02-00380-0000-00021

New Jersey Atlantic County Atlantic City 08401 Chelsea

2721 Fairmount Ave, Atlantic City, NJ

This home is located at 2721 Fairmount Ave, Atlantic City, NJ 08401 since 06 June 2019 and is currently estimated at $207,486, approximately $137 per square foot. This property was built in 1900. 2721 Fairmount 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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