NOT LISTED FOR SALE

3108 Fairmount Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $133,000 - $276,000

-- Bed
-- Bath
1,424 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $67,000 $47 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,492/month

11 Days on Market

About This Home

As of June 2015

Located in the heart of Atlantic City this legal duplex has close proximity to the Casinos, Shopping at the Walk, Back Bays and the Beaches. The upstairs unit features a large Living Room, Dining Room Kitchen and 3 bedrooms. The Downstairs unit has two bedrooms and 1 bath. All offers will be submitted via-PropOffers.com through the Buyers Agent. This property is being offered in "as is" condition with the Buyers being responsible for all certifications to close.

Last Agent to Sell the Property

Mark Branco

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 06/05/2015

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

Leon Tong

BHHS FOX and ROACH-Northfield

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 20 x 90

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,604

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Year Built: 1905
  • Allow Comsumer Comment: Yes
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Brick, Vinyl

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 20 x 90

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2020
Sold by
Ming Xing Llc
Bought by
Chen Feng and Chen Ying
Current Estimated Value
$226,628

Purchase Details

Closed on
Apr 22, 2019
Sold by
Zhang De Jing
Bought by
Ming Xing Llc

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jun 24, 2015
Sold by
Christiana Trust
Bought by
Zhang De Jing
Seller's Agent
Mark Branco
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Buyer's Agent
Leon Tong
BHHS FOX and ROACH-Northfield
List Price
$67,000
Sold Price
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Nguyen Chris and Nguyen Tiffany
Bought by
Christiana Trust

Purchase Details

Closed on
Oct 30, 2007
Sold by
Nguyen Anthony Thuan and Tran Nhi Thi
Bought by
Nguyen Chris and Nguyen Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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
Chen Feng $65,000 North American Title Ins Co
Ming Xing Llc -- North American Title Ins Co
Zhang De Jing $67,000 North American Title Ins Co
Christiana Trust -- North American Title Ins Co
Nguyen Chris $280,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Chris $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $67,000 0.0% $47 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $67,000 -- $47 / 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 $3,604 $104,400 $32,200 $72,200
2024 $3,604 $104,400 $32,200 $72,200
2023 $3,943 $104,400 $32,200 $72,200
2022 $3,943 $104,400 $32,200 $72,200
2021 $4,073 $104,400 $32,200 $72,200
2020 $4,107 $104,400 $32,200 $72,200
2019 $4,582 $115,000 $57,500 $57,500
2018 $4,063 $115,000 $57,500 $57,500
2017 $3,934 $115,000 $57,500 $57,500
2016 $9,357 $242,400 $136,200 $106,200
2015 $8,295 $242,400 $136,200 $106,200
2014 $8,116 $242,400 $136,200 $106,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mark Branco

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 377-4627

    29 Total Sales

    Mark Branco
    Section Image
  • Leon Tong

    Buyer's Agent in 2015

    Leon Tong

    BHHS Fox & Roach

    (609) 338-3779

    9 in this area

    56 Total Sales

    Leon Tong
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 449553

South Jersey Shore Regional MLS

APN: 02-00348-0000-00005

New Jersey Atlantic County Atlantic City 08401 Chelsea

3108 Fairmount Ave, Atlantic City, NJ

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