NOT LISTED FOR SALE

2913 Arctic Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $524,000 - $726,000

-- Bed
-- Bath
4,816 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $180,000 $37 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $3,871/month

406 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Baseboard Heating

About This Home

As of December 2015

Great location and well maintained 4 unit fully rented property. It features a two bedroom unit on the first floor rented for $450, 3 bedroom unit on the second floor rented for 1125, a one bedroom on the 3rd floor rented for 775, and a 2 bedroom unit on the 4th floor rented for 1,100 per month. Laundry room shared by tenants. Parking for 3 cars.

Last Agent to Sell the Property

Richard Haviland

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Listed on: 10/24/2014

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Co-Listed By

Matthew Haviland

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Desislava Dimitrova

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 87.5
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Asbestos Siding

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

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

Additional Features

  • Stove
  • Patio

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,715

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Year Built: 1925
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Basement: Finished, Full, Outside Entrance

Exterior Features

  • Outside Features: Patio, Sidewalks
  • Siding Exterior: Asbestos

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Corner
  • Lot Dimensions: 50 x 87.5

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 2
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2014
Closed on
Dec 29, 2015
Sold by
Casumpang Lemuel D
Bought by
Tran Vu and Chen Xiao
Seller's Agent
Richard Haviland
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Desislava Dimitrova
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$613,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,591
Avg. Annual Appreciation
13.23%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Casumpang Nena D and Casumpang Misail D
Bought by
Casumpang Lemuel D
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
Tran Vu $180,000 Attorney
Casumpang Lemuel D $93,750 Commonwealth Land Title Ins
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $180,000 0.0% $37 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $180,000 -- $37 / 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 $7,715 $223,500 $42,400 $181,100
2024 $7,715 $223,500 $42,400 $181,100
2023 $8,442 $223,500 $42,400 $181,100
2022 $8,442 $223,500 $42,400 $181,100
2021 $8,719 $223,500 $42,400 $181,100
2020 $8,792 $223,500 $42,400 $181,100
2019 $8,566 $215,000 $65,000 $150,000
2018 $7,596 $215,000 $65,000 $150,000
2017 $7,355 $215,000 $65,000 $150,000
2016 $11,580 $300,000 $150,000 $150,000
2015 $15,926 $465,400 $225,000 $240,400
2014 $15,582 $465,400 $225,000 $240,400
Source: Public Records

Agents Affiliated with this Home

  • Richard Haviland

    Seller's Agent in 2015

    Richard Haviland

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 705-3317

    98 Total Sales

    Richard Haviland
    Section Image
  • Matthew Haviland

    Seller Co-Listing Agent in 2015

    Matthew Haviland

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 484-9890

    2 in this area

    137 Total Sales

    Matthew Haviland
    Section Image

  • D

    Buyer's Agent in 2015

    Desislava Dimitrova

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 770-1071

    10 in this area

    61 Total Sales

    Desislava Dimitrova
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 438094

South Jersey Shore Regional MLS

APN: 02-00346-0000-00038

New Jersey Atlantic County Atlantic City 08401 Chelsea

2913 Arctic Ave, Atlantic City, NJ

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