NOT LISTED FOR SALE

Estimated Value: $554,223 - $681,000

3 Beds
2.5 Baths
2,114 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $325,000 $154 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,770/month

116 Days on Market

Highlights

  • Boat Dock
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of December 2022

Stunning Bayfront end-unit Townhouse in the desirable Chelsea View Condo! Tons of fresh air & sunlight from the volume ceiling that greets you upon entering. Don't miss this 3 bedroom, 2.5 bath townhouse with over 2000 square feet in Atlantic City! Features include Hardwood floors, open floorplan, 2 rear balconies with Water views, oversized 1-car built-in garage and spacious driveway for additional parking space. Only 3 blocks from the beach and boardwalk! Being sold AS IS, WHERE IS, All information & property details set forth in this listing, including all utilities& all room dimensions which are approximate & deemed reliable but not guaranteed & should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent &/or guarantee that all property information & details have been provided in this MLS listing.

Last Agent to Sell the Property

Robert Cuccinello

Homes and Land Brokers Inc License #9695329 Listed on: 08/05/2022

Co-Listed By

Kimberlee Mcclellan

Ai Brokers LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,418

Year Built

  • Built in 2006

Lot Details

  • 2,004

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,114 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 00035
  • Assessor Parcel Number 02-00236-00035-C0003

Community Details

Overview

  • Association fees include trash, insurance, common area maintenance, management
  • Chelsea View Condo Associates Condos, Phone Number (609) 788-3659
  • Chelsea View Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Boat Dock

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,418

Year Built

Built in 2006

Lot Details

0

HOA Fees

$525 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning Bayfront end-unit Townhouse in the desirable Chelsea View Condo! Tons of fresh air & sunlight from the volume ceiling that greets you upon entering. Don't miss this 3 bedroom, 2.5 bath townhouse with over 2000 square feet in Atlantic City! Features include Hardwood floors, open floorplan, 2 rear balconies with Water views, oversized 1-car built-in garage and spacious driveway for additional parking space. Only 3 blocks from the beach and boardwalk! Being sold AS IS, WHERE IS, All information & property details set forth in this listing, including all utilities& all room dimensions which are approximate & deemed reliable but not guaranteed & should be independently verified if any person intends to engage in a transaction based upon it. Seller/current owner does not represent &/or guarantee that all property information & details have been provided in this MLS listing.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 2114
  • Living Area Sq Ft: 2114
  • Price Per Sq Ft: 165.52
  • Above Grade Finished Sq Ft: 2114
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Chelsea View Condo Associates
  • Condo Co-Op Phone: 609-788-3659
  • HOA Condo Co-Op Amenities: Common Grounds, Boat Dock/Slip
  • HOA Condo Co-Op Fee Includes: Trash, Insurance, Common Area Maintenance, Management
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 182700.00
  • Land Assessed Value: 110000.00
  • Lot Dimensions: 0.00 x 0.00
  • Year Assessed: 2021
  • Zoning: R-3

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 4799003
  • Tax Annual Amount: 11418.00
  • Assessor Parcel Number: 02-00236-00035-C0003
  • Tax Lot: 00035
  • Tax Total Finished Sq Ft: 2114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/07/2022

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Dec 2, 2022
Sold by
Mfra Trust
Bought by
5 Chelsea Court Llc
Seller's Agent
Robert Cuccinello
Homes and Land Brokers Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
17
Current Estimated Value
$614,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,306
Avg. Annual Appreciation
27.86%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Chelsea View Associates Llc
Bought by
Ben Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,750
Interest Rate
6.4%
Source: Public Records

Range of Values:

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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
5 Chelsea Court Llc $325,000 Landis Title
Ben Daniel $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Chelsea Court Llc $435,000
Previous Owner Hoang Luyen $128,750
Previous Owner Ben Daniel $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $325,000 -7.1% $154 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $349,900 0.0% $166 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $349,900 0.0% $166 / Sq Ft
05/10/2019 05/10/19 Rented -- -- --
04/12/2019 04/12/19 For Rent $2,100 -- --
10/28/2014 10/28/14 Rented -- -- --
10/28/2014 10/28/14 For Rent -- -- --
Source: Bright 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
2024 $10,104 $292,700 $110,000 $182,700
2023 $11,055 $292,700 $110,000 $182,700
2022 $11,055 $292,700 $110,000 $182,700
2021 $11,418 $292,700 $110,000 $182,700
2020 $11,515 $292,700 $110,000 $182,700
2019 $22,701 $569,800 $350,000 $219,800
2018 $20,131 $569,800 $350,000 $219,800
2017 $19,493 $569,800 $350,000 $219,800
2016 $21,994 $569,800 $350,000 $219,800
2015 $19,499 $569,800 $350,000 $219,800
2014 $19,077 $569,800 $350,000 $219,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2005262

Bright MLS

APN: 02-00236-0000-00035-0000-C0003