NOT LISTED FOR SALE

318 Beach Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $378,000 - $449,000

-- Bed
-- Bath
1,476 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $400,000 $271 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,703/month

127 Days on Market

Highlights

  • Deck
  • Laundry Room
  • 4-minute walk to Oscar E. McClinton Waterfront Park
  • Living Room
  • Dining Room

About This Home

As of September 2024

MULTI-UNIT OPPORTUNITY IN Atlantic City! This duplex features 2 units, the top unit has a living room, dining room, kitchen & a second story with three (3) bedrooms & one (1) large bathroom. Ground floor unit has one (1) bedroom & one (1) bathroom with a kitchen and dining area. New flooring and fresh paint throughout along with updated kitchens and bathrooms. The units have separate electric meters and share an updated laundry room on the ground floor. This house features 1-car garage and can be sold furnished as a turnkey Airbnb with management in place (for an additional fee). The property also has a fenced in backyard that has plenty of space for a patio, garden and more. This duplex is close to Casinos, shopping and restaurants, you don't want to miss out on this!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 03/15/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

Last Buyer's Agent

Ricardo Belgrave

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #1867203

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,338

Lot Details

  • 2,483

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Stove
  • Laundry Room

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 25x100

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,338

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 03/15/2024
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Other Rooms: Dining Room, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

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

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 25x100

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Sep 18, 2024
Sold by
318 Beach Ac Llc
Bought by
Belgrave Ricardo Rafael and Cody Birdie
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Ricardo Belgrave
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
228
Current Estimated Value
$409,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,899
Avg. Annual Appreciation
2.43%
Original Mortgage
$392,755
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 29, 2021
Closed on
Oct 21, 2021
Sold by
Erlandson Rentals Llc
Bought by
318 Beach Ac Llc
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$189,900
Sold Price
$154,500
Premium/Discount to List
-$35,400
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.67%
Original Mortgage
$115,875
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2020
Sold by
Erlandson Lila
Bought by
Erlandson Rentals Llc

Purchase Details

Listed on
Nov 15, 2014
Closed on
Apr 26, 2016
Sold by
Santiago Brunilda and Velez Luis
Bought by
Erlandson Lila
Seller's Agent
Federico Maldonado
GRACE PROPERTIES
Buyer's Agent
Al Casalnova
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$42,000
Sold Price
$42,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.69%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Johnson Caroline
Bought by
Santiago Brunilda and Velez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.83%
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
Belgrave Ricardo Rafael $400,000 Atlantic Shore Title
Belgrave Ricardo Rafael $400,000 Atlantic Shore Title
318 Beach Ac Llc $154,500 Land Title Services
Erlandson Rentals Llc -- None Available
Erlandson Lila $42,000 None Available
Santiago Brunilda $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belgrave Ricardo Rafael $20,880
Previous Owner Belgrave Ricardo Rafael $392,755
Previous Owner 318 Beach Ac Llc $115,875
Previous Owner Santiago Brunilda $254,000
Previous Owner Johnson Caroline $135,000
Previous Owner Johnson Caroline $126,235
Previous Owner Johnson Caroline A $61,174
Previous Owner Johnson Caroline A $10,000
Previous Owner Johnson Caroline A $64,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $400,000 +2.6% $271 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $389,900 -2.5% $264 / Sq Ft
06/13/2024 06/13/24 For Sale $399,900 0.0% $271 / Sq Ft
06/13/2024 06/13/24 Off Market $400,000 -- --
03/15/2024 03/15/24 For Sale $399,900 +158.8% $271 / Sq Ft
10/22/2021 10/22/21 Sold $154,500 -18.6% $105 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $189,900 +352.1% $129 / Sq Ft
04/26/2016 04/26/16 Sold $42,000 0.0% $28 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $42,000 -- $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 $6,338 $183,600 $45,000 $138,600
2023 $6,935 $183,600 $45,000 $138,600
2022 $6,935 $183,600 $45,000 $138,600
2021 $7,162 $183,600 $45,000 $138,600
2020 $9,878 $251,100 $45,000 $206,100
2019 $5,271 $132,300 $43,800 $88,500
2018 $4,674 $132,300 $43,800 $88,500
2017 $8,453 $247,100 $158,600 $88,500
2016 $9,538 $247,100 $158,600 $88,500
2015 $8,456 $247,100 $158,600 $88,500
2014 $8,273 $247,100 $158,600 $88,500
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2024

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    25 in this area

    764 Total Sales

    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2024

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    27 in this area

    445 Total Sales

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  • Ricardo Belgrave

    Buyer's Agent in 2024

    Ricardo Belgrave

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 418-1986

    2 in this area

    33 Total Sales

    Section Image
  • Jeff Quintin

    Seller's Agent in 2021

    Jeff Quintin

    eXp Realty - Ocean City S382K

    (609) 398-5333

    3 in this area

    525 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Federico Maldonado

    Seller's Agent in 2016

    Federico Maldonado

    GRACE PROPERTIES

    (609) 369-3027

    1 in this area

    184 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583165

South Jersey Shore Regional MLS

APN: 02-00119-0000-00002

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

318 Beach Ave, Atlantic City, NJ

This home is located at 318 Beach Ave, Atlantic City, NJ 08401 since 15 March 2024 and is currently estimated at $415,376, approximately $281 per square foot. 318 Beach Ave is a home located in Atlantic County with nearby schools including Uptown Complex School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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.
Information is deemed reliable but not guaranteed.
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