NOT LISTED FOR SALE

Ocean Club Condos 3101 Boardwalk Unit 2511-1 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $362,000 - $439,000

2 Beds
2 Baths
-- Sq Ft
1,350 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $340,000

Est. 16% increase in value since last sale

Current estimated payment $2,931/month

71 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Sauna
  • Building is beachfront but unit may not have water views
  • Deck
  • End Unit

About This Home

As of June 2024

Welcome to your new 2 bedroom Terrace unit located on the highly sought-after north side of Tower 1! Boasting 2 bathrooms and an extra-large wrap around terrace with stunning views facing the ocean and city, this unit is sure to impress. You'll love waking up to beautiful sunrises on the City-facing side of the building. This is an original unit is now ready for a new owner to put their own touches on it. The possibilities are endless. This Terrace unit offers ample space to create your own oasis, with 2 comfortably sized bedrooms and lovely balcony overlooking breathtaking views. It's the perfect spot to relax and enjoy the beauty of your surroundings....and a great perch for the annual Air Show and weekly fireworks! Don't miss out on this fabulous opportunity to own a piece of paradise! Contact us today to schedule your personal viewing of this incredible unit.

Last Agent to Sell the Property

Scott Sandlin

BOARDWALK REALTY Listed on: 03/02/2024

Last Buyer's Agent

Scott Sandlin

BOARDWALK REALTY Listed on: 03/02/2024

Property Details

Home Type

  • Condominium

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front
  • End Unit

Parking

  • 1 Car Garage

Interior Spaces

  • Blinds

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, management, sewer, trash, water, hot water, pool
  • Ocean Club 1 Condos
  • 11-Story Property

Amenities

  • Community Deck or Porch
  • Sauna
  • Clubhouse

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Enclsd/Covered Porch, Outside Shower, Pool, Sauna, Whirlpool/Spa

Garage/Parking

  • Garage: One Car

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Management, Sewer, Trash, Water, Hot Water, Pool
  • Condo Name: Ocean Club 1
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Kroll Kenneth M
Bought by
Stablini Ronald and Stablini Kathleen E
Current Estimated Value
$395,343

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 1, 2024
Sold by
Udani Chitra
Bought by
Kroll Kenneth M
Seller's Agent
Scott Sandlin
BOARDWALK REALTY
Buyer's Agent
Scott Sandlin
BOARDWALK REALTY
List Price
$459,000
Sold Price
$340,000
Premium/Discount to List
-$119,000
-25.93%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Listed on
Feb 28, 2012
Closed on
Jul 20, 2012
Sold by
Shore Management Co Of Delaware Valley
Bought by
Udani Rajen and Udani Chitra
Seller's Agent
Adam Palmisciano
BALSLEY/LOSCO
Buyer's Agent
Linda Magarick
BHHS FOX and ROACH-Margate
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stablini Ronald $325,000 Shore Title
Stablini Ronald $325,000 Shore Title
Kroll Kenneth M $340,000 Shore Title
Udani Rajen $475,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Udani Rajen $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Sold $340,000 -20.7% --
05/12/2024 05/12/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $429,000 -6.5% --
03/02/2024 03/02/24 For Sale $459,000 -3.4% --
07/20/2012 07/20/12 Sold $475,000 0.0% -- View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $475,000 -- --
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 $10,228 $296,300 $120,000 $176,300
2024 $10,228 $296,300 $120,000 $176,300
2023 $11,191 $296,300 $120,000 $176,300
2022 $11,191 $296,300 $120,000 $176,300
2021 $11,559 $296,300 $120,000 $176,300
2020 $11,656 $296,300 $120,000 $176,300
2019 $4,223 $106,000 $53,000 $53,000
2018 $11,747 $332,500 $166,300 $166,200
2017 $14,710 $430,000 $215,000 $215,000
2016 $16,598 $430,000 $215,000 $215,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Sandlin

    Seller's Agent in 2024

    Scott Sandlin

    BOARDWALK REALTY

    (484) 620-9689

    136 in this area

    151 Total Sales

    Scott Sandlin
    Section Image
  • Adam Palmisciano

    Seller's Agent in 2012

    Adam Palmisciano

    BALSLEY/LOSCO

    (609) 383-9220

    14 Total Sales

    Adam Palmisciano
    Section Image
  • Linda Magarick

    Buyer's Agent in 2012

    Linda Magarick

    BHHS Fox & Roach

    (609) 226-3775

    40 in this area

    47 Total Sales

    Linda Magarick
    Section Image
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About Ocean Club Condos

Map

Source: South Jersey Shore Regional MLS

MLS Number: 582770

South Jersey Shore Regional MLS

APN: 02-00028-0000-00001-01-C2511

New Jersey Atlantic County Atlantic City 08401 Chelsea

3101 Boardwalk Unit 2511-1, Atlantic City, NJ

Not Listed for Sale

Condos

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