NOT LISTED FOR SALE

3110 Fairmount Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $286,330 - $332,000

-- Bed
-- Bath
2,338 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $140,000 $60 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,024/month

45 Days on Market

Highlights

  • Porch
  • Laundry Room
  • Fenced
  • Living Room
  • Dining Area

About This Home

As of August 2018

Large 3 stories Duplex, set us as a single family, 1st floor, 2 bed rooms and a bath. Second floor ,large living room and eat in kitchen. 3 rd floor , 4 large bedrooms and 1 full bath. Property needs updates, sales " As Is " condition, buyers shall be responsible for CO and all repairs.

Last Agent to Sell the Property

Leon Tong

BHHS FOX and ROACH-Northfield Listed on: 05/18/2018

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

Steven Mento

FARLEY and FERRY REALTY, INC License #0566634

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,363

Lot Details

  • Lot Dimensions are 20 x 90
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Area
  • Storm Screens
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,363

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Outside Features: Fenced Yard, Porch
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Screens

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Private
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 20 x 90

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Aug 31, 2018
Sold by
Lau Choon Hwa
Bought by
Mohammed Eskandor
Seller's Agent
Leon Tong
BHHS FOX and ROACH-Northfield
Buyer's Agent
Steven Mento
FARLEY and FERRY REALTY, INC
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
$315,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,583
Avg. Annual Appreciation
12.02%
Original Mortgage
$119,000
Outstanding Balance
$103,561
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$212,022
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
Mohammed Eskandor $140,000 Ape Altantic Title Agency L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Eskandor $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $140,000 -9.7% $60 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $155,000 -- $66 / 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 $4,363 $126,400 $32,200 $94,200
2024 $4,363 $126,400 $32,200 $94,200
2023 $4,774 $126,400 $32,200 $94,200
2022 $4,774 $126,400 $32,200 $94,200
2021 $4,931 $126,400 $32,200 $94,200
2020 $4,973 $126,400 $32,200 $94,200
2019 $5,976 $150,000 $80,000 $70,000
2018 $5,300 $150,000 $80,000 $70,000
2017 $5,132 $150,000 $80,000 $70,000
2016 $5,790 $150,000 $80,000 $70,000
2015 $5,133 $150,000 $80,000 $70,000
2014 $5,022 $150,000 $80,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Leon Tong

    Seller's Agent in 2018

    Leon Tong

    BHHS Fox & Roach

    (609) 338-3779

    9 in this area

    56 Total Sales

    Leon Tong
    Section Image
  • Steven Mento

    Buyer's Agent in 2018

    Steven Mento

    FARLEY and FERRY REALTY, INC

    (609) 271-1953

    1 in this area

    13 Total Sales

    Steven Mento
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 505613

South Jersey Shore Regional MLS

APN: 02-00348-0000-00004

New Jersey Atlantic County Atlantic City 08401 Chelsea

3110 Fairmount Ave, Atlantic City, NJ

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