NOT LISTED FOR SALE

3 S Texas Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $105,000 - $224,000

-- Bed
-- Bath
1,616 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $81,375 $50 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,180/month

14 Days on Market

About This Home

As of December 2018

Duplex being sold is strictly as is/where is condition. Neither seller, nor seller's agents make any warranties or representations either express or implied as to status, use, zoning, or condition or property. This property is now under auction terms. All offers should be submitted through www.Auction.com. This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval. house is scheduled to be boarded.

Last Agent to Sell the Property

Alan Korik

FARLEY and FERRY REALTY, INC Listed on: 11/14/2018

Last Buyer's Agent

Mike Christakos

FARLEY and FERRY REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1900

Lot Details

  • 1,568

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,838

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 11/15/2018
  • Year Built: 1900
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: 84
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Porch
  • Siding Exterior: Brick, Wood

Utilities

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

Lot Info

  • Lot Dimensions: 23 x 70 Irr

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Sam Homes Llc
Bought by
Mohammed Ahmed F and Mohammed Kamrun Ahmed
Current Estimated Value
$177,632

Purchase Details

Closed on
Feb 13, 2020
Sold by
Dedar Mohammed and Sarder Showel
Bought by
Sam Homes Llc

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 14, 2018
Sold by
The Bank Of New York Mellon
Bought by
Showel Dedar Mohammed and Showel Sarder
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
Mike Christakos
FARLEY and FERRY REALTY, INC
List Price
$37,900
Sold Price
$81,375
Premium/Discount to List
$43,475
114.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
Feb 6, 2018
Sold by
Liu Wei Z
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 14, 2006
Sold by
Mahmud Jahangir
Bought by
Wei Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1997
Sold by
Bunting Arthur M and Mazur Mary Ann
Bought by
Mahmud Jahangir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.88%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Bunting Anna M
Bought by
Bunting Ii Arthur M and Mazur Mary Ann
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
Mohammed Ahmed F $80,000 Surety Title
Sam Homes Llc -- None Available
Showel Dedar Mohammed $81,375 Tri County Title Svcs Llc
The Bank Of New York Mellon $1,000 None Available
Wei Liu $338,000 --
Mahmud Jahangir $62,500 The Title Company
Bunting Ii Arthur M -- The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wei Liu $304,200
Previous Owner Mahmud Jahangir $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2018 12/27/18 Sold $81,375 +114.7% $50 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $37,900 -- $23 / 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 $2,838 $82,200 $26,300 $55,900
2024 $2,838 $82,200 $26,300 $55,900
2023 $3,105 $82,200 $26,300 $55,900
2022 $3,105 $82,200 $26,300 $55,900
2021 $3,207 $82,200 $26,300 $55,900
2020 $3,234 $82,200 $26,300 $55,900
2019 $3,187 $80,000 $70,000 $10,000
2018 $6,006 $170,000 $70,000 $100,000
2017 $5,816 $170,000 $70,000 $100,000
2016 $6,562 $170,000 $70,000 $100,000
2015 $5,817 $170,000 $70,000 $100,000
2014 $5,692 $170,000 $70,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alan Korik

    FARLEY and FERRY REALTY, INC

    (609) 412-2913

    2 in this area

    17 Total Sales

    Alan Korik
    Section Image
  • Mike Christakos

    Buyer's Agent in 2018

    Mike Christakos

    FARLEY and FERRY REALTY, INC

    (917) 963-1081

    9 Total Sales

    Mike Christakos
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514091

South Jersey Shore Regional MLS

APN: 02-00167-0000-00002

New Jersey Atlantic County Atlantic City 08401 Chelsea

3 S Texas Ave, Atlantic City, NJ

This home is located at 3 S Texas Ave, Atlantic City, NJ 08401 since 14 November 2018 and is currently estimated at $177,632, approximately $109 per square foot. This property was built in 1900. 3 S Texas 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.

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