NOT LISTED FOR SALE

Estimated Value: $242,493 - $304,000

-- Bed
-- Bath
2,116 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $195,000 $92 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,929/month

81 Days on Market

About This Home

As of June 2014

This property is located on 1 of the most sought streets in Atlantic City. Excellent investment property with a 3BR, 1BA upstairs apartment featuring a private entrance and a large first floor office, store or large 1BR,1BA rental unit, many options for this unique property. Walking distance to restaurants, shopping and everything you can imagine. On-street parking available with city permit and the Wave parking facility just very short distance away. Very popular neighborhood, most vibrant streets in town.

Last Listed By

MCMENAMIN, MICHAEL MCMENAMIN

BHHS FOX and ROACH-Margate License #1109788 Listed on: 02/14/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,854

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 25x50

Home Design

  • Duplex

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,854

Year Built

1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Lot Info

  • Lot Dimensions: 25x50

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Levin Commercial Real Estate Llc
Bought by
Alam Shamima
Total Days on Market
81
Current Estimated Value
$272,373

Purchase Details

Listed on
Feb 14, 2014
Closed on
Jun 13, 2014
Sold by
Talese Jon C and Jackson John M
Bought by
John Galt Llc
Seller's Agent
MCMENAMIN, MICHAEL MCMENAMIN
BHHS FOX and ROACH-Margate
Buyer's Agent
MCMENAMIN, MICHAEL MCMENAMIN
BHHS FOX and ROACH-Margate
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Ducktown Revitalization Assn Inc
Bought by
Talese Jon and Jackson John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.14%

Purchase Details

Closed on
Mar 23, 2001
Sold by
Kirk Constance A and Curigna Ernest
Bought by
Ducktown Revitalization Assn Inc

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
Alam Shamima $175,400 Surety Title
John Galt Llc $195,000 The Title Co Of Jersey
Talese Jon $40,000 --
Ducktown Revitalization Assn Inc $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Formica Frank $50,000
Previous Owner John Galt Llc $150,000
Previous Owner Talese Jon $70,000
Previous Owner Talese Jon $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2014 06/13/14 Sold $195,000 0.0% $92 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $195,000 -- $92 / 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
2024 $4,854 $140,600 $25,000 $115,600
2023 $5,310 $140,600 $25,000 $115,600
2022 $5,310 $140,600 $25,000 $115,600
2021 $5,485 $140,600 $25,000 $115,600
2020 $5,531 $140,600 $25,000 $115,600
2019 $6,574 $165,000 $100,000 $65,000
2018 $5,829 $165,000 $100,000 $65,000
2017 $5,645 $165,000 $100,000 $65,000
2016 $6,369 $165,000 $100,000 $65,000
2015 $5,646 $165,000 $100,000 $65,000
2014 $5,524 $165,000 $100,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 424189

South Jersey Shore Regional MLS

APN: 02-00280-0000-00022