NOT LISTED FOR SALE

2916 Fairmount Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $213,791 - $283,000

3 Beds
1 Bath
1,068 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $160,000 $150 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,602/month

9 Days on Market

Highlights

  • Tile Flooring
  • Hot Water Heating System
  • 4-minute walk to Texas Avenue Playground
  • Central Air
  • Fenced

About This Home

As of November 2022

Beautiful roadhouse newer roof air conditioning,heater and hot water heater,newer floors and kitchen, close to everything Casinos ,shops been use as AIRBNB VERY LOW Taxes must see easy to show.

Last Agent to Sell the Property

LEIDA BRENES

GRACE PROPERTIES Listed on: 09/30/2022

Last Buyer's Agent

MARIAN KING-SMITH

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Lot Details

  • Lot Dimensions are 14x62.5
  • Fenced

Home Design

  • Shingle Siding

Kitchen

  • Stove
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,411

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Townhouse
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Microwave, Refrigerator
  • Flooring: Tile, Laminate Flooring
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Shingle

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 14x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 24, 2022
Sold by
Hernandez Ivanhoe and Hernandez Elizabeth A
Bought by
Diaz Marivett
Seller's Agent
LEIDA BRENES
GRACE PROPERTIES
Buyer's Agent
MARIAN KING-SMITH
KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%
Views
26
Current Estimated Value
$250,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,448
Avg. Annual Appreciation
16.23%

Purchase Details

Closed on
Jan 27, 2005
Sold by
Hernandez Ivanhoe and Rodriguez Lucia
Bought by
Hernandez Ivanhoe and Hernandez Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Pham Tu
Bought by
Hernandez Ivanhoe and Rodriguez Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Simpkins Dorothy M and Simpkins Alfred L
Bought by
Pham Tu and Vo Tuyet

Purchase Details

Closed on
Apr 7, 2001
Sold by
Simpkins Dorothy M and Carey Marie D
Bought by
Simpkins Dorothy M
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
Diaz Marivett $160,000 None Listed On Document
Hernandez Ivanhoe -- Independence Abstract & Titl
Hernandez Ivanhoe $118,000 --
Hernandez Ivanhoe $118,000 Commonwealth Land Title Insu
Pham Tu $50,000 --
Simpkins Dorothy M $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Ivanhoe $137,700
Previous Owner Hernandez Ivanhoe $112,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $160,000 +0.6% $150 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $159,000 -- $149 / 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 $3,411 $98,800 $27,000 $71,800
2024 $3,411 $98,800 $27,000 $71,800
2023 $2,213 $58,600 $27,000 $31,600
2022 $2,213 $58,600 $27,000 $31,600
2021 $2,286 $58,600 $27,000 $31,600
2020 $2,305 $58,600 $27,000 $31,600
2019 $6,717 $168,600 $133,000 $35,600
2018 $5,957 $168,600 $133,000 $35,600
2017 $5,768 $168,600 $133,000 $35,600
2016 $6,508 $168,600 $133,000 $35,600
2015 $5,769 $168,600 $133,000 $35,600
2014 $5,645 $168,600 $133,000 $35,600
Source: Public Records

Agents Affiliated with this Home

  • LEIDA BRENES

    Seller's Agent in 2022

    LEIDA BRENES

    GRACE PROPERTIES

    (609) 703-7541

    1 in this area

    68 Total Sales

    LEIDA BRENES
    Section Image
  • MARIAN KING-SMITH

    Buyer's Agent in 2022

    MARIAN KING-SMITH

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    (609) 839-9083

    2 in this area

    22 Total Sales

    MARIAN KING-SMITH
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567685

South Jersey Shore Regional MLS

APN: 02-00346-0000-00014

New Jersey Atlantic County Atlantic City 08401 Chelsea

2916 Fairmount Ave, Atlantic City, NJ

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