NOT LISTED FOR SALE

Estimated Value: $319,931 - $375,000

-- Bed
-- Bath
1,835 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $300,000 $163 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,271/month

Highlights

  • 0.04 Acre Lot
  • Ceramic Tile Flooring
  • 5-minute walk to Texas Avenue Playground
  • Deck
  • Radiator

About This Home

As of October 2022

Fully rented money-making duplex in the heart of Atlantic City. 2.5 blocks to the beach and Tropicana Casino First floor 1 bedroom, 1bathroom apartment. Main house 6 Bedrooms, 2 bathrooms. Attic 2 bedrooms 1 bathroom

Last Agent to Sell the Property

Jose Sinclair

(609) 233-4847 sinclairrealtor@gmail.com Grace Properties Listed on: 07/13/2022

Last Buyer's Agent

Jose Sinclair

(609) 233-4847 sinclairrealtor@gmail.com Grace Properties Listed on: 07/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1900

Lot Details

  • 1,620 Sq Ft Lot
  • Lot Dimensions are 30.00 x 54.00
  • Property is in good condition

Home Design

  • 1,835 Sq Ft Home
  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Radiator
  • 120/240V
  • Natural Gas Water Heater
  • Phone Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00009
  • Assessor Parcel Number 02-00270-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,734

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Ceramic Tile, Laminated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Total Sq Ft: 1835
  • Living Area Sq Ft: 1835
  • Price Per Sq Ft: 163.43
  • Above Grade Finished Sq Ft: 1835
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Previous Twelve Months Electric Expense: 5100.00
  • Electric Service: 120/240V
  • Gas Avg Month: 179.17
  • Gas Prev12 Months: 2150.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Previous Twelve Months: 624.00
  • Water Source: Public
  • Internet Services: Cable

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 31500.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 30.00 x 54.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1620.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Good
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3302712
  • Tax Annual Amount: 5734.00
  • Assessor Parcel Number: 02-00270-00009
  • Tax Lot: 00009
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 27, 2022
Sold by
Hernandez Lidia R
Bought by
Troche Johnny
Seller's Agent
Jose Sinclair
Grace Properties
Buyer's Agent
Jose Sinclair
Grace Properties
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Views
44
Current Estimated Value
$351,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,233
Avg. Annual Appreciation
5.41%
Original Mortgage
$294,566
Outstanding Balance
$285,432
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$65,801

Purchase Details

Closed on
Mar 14, 2022
Sold by
Paguada Oscar B and Paguada Lidia R
Bought by
Hernandez Lidia R

Purchase Details

Closed on
Jun 25, 2011
Sold by
Paguada Oscar B and Paguada Lidia R
Bought by
Paguada Oscar B and Paguada Lidia R

Purchase Details

Closed on
May 2, 2008
Sold by
Paguada Oscar B and Hernandez Lidia R
Bought by
Hernandez Lidia R

Purchase Details

Closed on
Apr 7, 2003
Sold by
Nguyen Kim
Bought by
Paguada Oscar and Hernandez Lidia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1997
Sold by
Nguyen Tinh
Bought by
Nguyen Kim Chi
Source: Public Records

Range of Values:

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Average Value
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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
Troche Johnny $300,000 Atlantic Title Agency
Hernandez Lidia R -- Lloyds & Handson Title
Paguada Oscar B -- None Available
Hernandez Lidia R -- None Available
Paguada Oscar $175,000 --
Paguada Oscar B $175,000 Fidelity National Title
Nguyen Kim Chi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troche Johnny $294,566
Previous Owner Paguada Oscar B $172,296
Closed Troche Johnny $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2022 10/31/22 Sold $300,000 0.0% $163 / Sq Ft
10/31/2022 10/31/22 Sold $300,000 0.0% $191 / Sq Ft View Prior Sale
09/22/2022 09/22/22 Pending -- -- --
07/20/2022 07/20/22 Off Market $300,000 -- --
07/13/2022 07/13/22 For Sale $299,900 0.0% $163 / Sq Ft
05/06/2022 05/06/22 For Sale $299,900 -- $191 / Sq Ft
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
2025 $5,074 $147,000 $31,500 $115,500
2024 $5,074 $147,000 $31,500 $115,500
2023 $5,552 $147,000 $31,500 $115,500
2022 $5,552 $147,000 $31,500 $115,500
2021 $5,734 $147,000 $31,500 $115,500
2020 $5,783 $147,000 $31,500 $115,500
2019 $6,175 $155,000 $70,000 $85,000
2018 $5,476 $155,000 $70,000 $85,000
2017 $5,303 $155,000 $70,000 $85,000
2016 $5,983 $155,000 $70,000 $85,000
2015 $5,304 $155,000 $70,000 $85,000
2014 $7,533 $225,000 $125,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2004958

Bright MLS

APN: 02-00270-0000-00009