NOT LISTED FOR SALE

310 N Annapolis Ave Atlantic City, NJ 08401

Chelsea Heights Neighborhood

Estimated Value: $479,052 - $562,000

-- Bed
-- Bath
2,568 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $470,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,179/month

13 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Dining Area
  • Living Room
  • Central Air

About This Home

As of April 2024

"Welcome to this exceptional duplex property in the vibrant neighborhood of Chelsea Heights. Positioned conveniently near a plethora of attractions including the Annapolis Avenue Recreation Complex, Ventnor Plaza, and the stunning Atlantic City beaches, this property offers a lifestyle of convenience and leisure. Recently renovated this year, the property boasts fresh paint, new vinyl flooring, an updated kitchen, and a striking brand new composite front deck. The lower level features 3 bedrooms, 1 ½ baths, and its own laundry closet, while the upper level offers 2 bedrooms and 1 bath. With its versatile layout, this property presents endless opportunities ranging from house hacking, multi-generational living, Airbnb hosting, to serving as a lucrative income-producing asset. Don't miss out on the chance to make this property your own and experience the boundless possibilities it offers!

Last Agent to Sell the Property

Edgar Parra

FARLEY and FERRY REALTY, INC License #SP-8939555 Listed on: 02/15/2024

Co-Listed By

Christopher Arbieto

FARLEY and FERRY REALTY, INC License #2326058

Last Buyer's Agent

Sala Uddin

Vylla Home - Atlantic City License #2325675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,544

Year Built

  • Built in 1954

Lot Details

  • 2,788

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 43 x 65

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,544

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 02/15/2024
  • Year Built: 1954
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Deck, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

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

Lot Info

  • Lot Dimensions: 43 x 65

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Apr 5, 2024
Sold by
Materio Teresa and Parra Edgar
Bought by
Merchy Humyra and Alam Md M
Seller's Agent
Edgar Parra
FARLEY and FERRY REALTY, INC
Buyer's Agent
Sala Uddin
Vylla Home - Atlantic City
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Views
30
Current Estimated Value
$496,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,170
Avg. Annual Appreciation
1.26%
Original Mortgage
$461,487
Outstanding Balance
$456,680
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$21,265

Purchase Details

Closed on
Oct 11, 2022
Sold by
Materio Teresa
Bought by
Materio Teresa and Parra Edgar

Purchase Details

Listed on
Mar 28, 2015
Closed on
Sep 18, 2015
Sold by
Bustamante Naud and Bustamante Carmen
Bought by
Materio Teresa
Seller's Agent
ALEX NAVA
NVC REALTY
Buyer's Agent
Edgar Parra
FARLEY and FERRY REALTY, INC
List Price
$73,000
Sold Price
$73,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.90%

Purchase Details

Closed on
May 15, 2003
Sold by
Hud
Bought by
Bustamante Naud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1997
Sold by
Nigrelli G Desiree and Desiree Quintiliana G
Bought by
Fraticelli Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,111
Interest Rate
7.79%
Mortgage Type
FHA
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
Merchy Humyra $470,000 Atlantic Title
Materio Teresa -- Atlantic Title Agency
Materio Teresa $73,000 Lloyds & Handson Title Agenc
Bustamante Naud $206,120 --
Bustamante Naud $206,120 Independence Abstract & Titl
Fraticelli Wilfredo $135,000 Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchy Humyra $461,487
Previous Owner Bustamante Naud $240,000
Previous Owner Bustamante Naud $185,500
Previous Owner Bustamante Naud $185,000
Previous Owner Fraticelli Wilfredo $134,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $470,000 -5.8% $183 / Sq Ft
02/15/2024 02/15/24 For Sale $499,000 +583.6% $194 / Sq Ft
09/18/2015 09/18/15 Sold $73,000 0.0% $28 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
03/28/2015 03/28/15 For Sale $73,000 -- $28 / 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 $5,544 $160,600 $41,200 $119,400
2023 $6,066 $160,600 $41,200 $119,400
2022 $6,066 $160,600 $41,200 $119,400
2021 $6,265 $160,600 $41,200 $119,400
2020 $6,318 $160,600 $41,200 $119,400
2019 $5,976 $150,000 $75,000 $75,000
2018 $5,300 $150,000 $75,000 $75,000
2017 $5,132 $150,000 $75,000 $75,000
2016 $10,793 $279,600 $144,600 $135,000
2015 $9,568 $279,600 $144,600 $135,000
2014 $9,361 $279,600 $144,600 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Edgar Parra

    Seller's Agent in 2024

    Edgar Parra

    FARLEY and FERRY REALTY, INC

    (609) 703-8365

    1 in this area

    46 Total Sales

    Section Image
  • Christopher Arbieto

    Seller Co-Listing Agent in 2024

    Christopher Arbieto

    FARLEY and FERRY REALTY, INC

    (609) 335-2699

    1 in this area

    8 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Sala Uddin

    Vylla Home - Atlantic City

    (609) 271-4375

    9 in this area

    33 Total Sales

    Section Image

  • A

    Seller's Agent in 2015

    ALEX NAVA

    NVC REALTY

    (609) 742-8304

    9 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582207

South Jersey Shore Regional MLS

APN: 02-00358-0000-00006

New Jersey Atlantic County Atlantic City 08401 Chelsea Heights

310 N Annapolis Ave, Atlantic City, NJ

This home is located at 310 N Annapolis Ave, Atlantic City, NJ 08401 since 15 February 2024 and is currently estimated at $525,763, approximately $204 per square foot. This property was built in 1954. 310 N Annapolis Ave is a home located in Atlantic County with nearby schools including Chelsea Heights School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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