NOT LISTED FOR SALE

Estimated Value: $626,691 - $660,000

3 Beds
2.5 Baths
2,114 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $575,000 $272 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,804/month

99 Days on Market

Highlights

  • 36 Feet of Waterfront
  • Boat Ramp
  • Cathedral Ceiling
  • 1 Dock Slip
  • Fishing Allowed
  • Open Floorplan

About This Home

As of August 2023

Spectacular three-bedroom, 2.5-bath townhome directly on the water. Enjoy the sunrise and sunset and the skylines of Atlantic City. This townhome has all the amenities to enjoy beach and bay life: boating, kayaking, swimming, and paddle boarding—decks on each floor. In addition, the unit comes with an oversized garage that includes a storage area.  Open floor plan to entertain your guests for dining, relaxing by the fireplace, or game night. Chelsea View is within walking distance of the boardwalk and beach and closes enough to all the many restaurants Atlantic City offers. This townhome comes with a  BOAT SLIP. The owner's ensuite is on the third floor and has an oversized bathroom with a walk-in shower and a large tub. The second floor has two bedrooms and one full bath. Washer/Dryer on the second floor. Wait, did we tell you a townhome is an end unit?

Last Agent to Sell the Property

Beth Pinero

(609) 304-1096 bethpinero@gmail.com Farley & Ferry Realty Inc License #1536256 Listed on: 03/02/2023

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,232

Year Built

  • Built in 2006

Lot Details

  • 36 Feet of Waterfront
  • Home fronts navigable water
  • Property is in excellent condition

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Driveway Space
  • Front Facing Garage
  • Brick Driveway

Home Design

  • Foundation Flood Vent
  • Block Foundation
  • Asbestos Shingle Roof
  • Vinyl Siding
  • HardiePlank Type
  • Dryvit Stucco

Interior Spaces

  • 2,114 Sq Ft Home
  • Property has 4 Levels
  • Chair Railings
  • Cathedral Ceiling
  • Ceiling Fan
  • Open Floorplan
  • Water Views
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Gas Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Canoe or Kayak Water Access
  • Property near a bay
  • Sun Deck
  • Waterski or Wakeboard
  • Sail
  • Swimming Allowed
  • Boat Ramp
  • Limit On Boat Length
  • 1 Dock Slip
  • Physical Dock Slip Conveys
  • Dock Against Bulkhead
  • Dock made with Composite Material
  • Dock made with Vinyl Clad Material
  • Shared Waterfront
  • Powered Boats Permitted

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00036
  • Assessor Parcel Number 02-00236-00036-C0033

Community Details

Overview

  • $1,725 Capital Contribution Fee
  • Association fees include insurance, pool(s), common area maintenance
  • $120 Other One-Time Fees
  • Chelsea View Subdivision
  • Property Manager

Recreation

  • Boat Dock
  • Community Pool
  • Fishing Allowed

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,232

Year Built

Built in 2006

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • Exclusions: Some furniture
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: Yes
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Dryer - Front Loading, Dryer - Gas, Dryer, Disposal, Dishwasher, Range Hood, Oven/Range - Gas, Stainless Steel Appliances, Washer - Front Loading, Stove
  • Interior Amenities: Attic/House Fan, Breakfast Area, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Combination Kitchen/Living
  • Wall Ceiling Types: Cathedral Ceilings, 9'+ Ceilings, 2 Story Ceilings, Dry Wall, Masonry
  • Foundation Details: Flood Vent, Block
  • Levels Count: 4
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 2114
  • Living Area Sq Ft: 2114
  • Price Per Sq Ft: 283.35
  • Above Grade Finished Sq Ft: 2114
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 33

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Dryvit, Concrete, Hardiplank Type
  • Roof: Asbestos Shingle
  • View: Water
  • Water Access Features: Boat - Length Limit, Boat - Powered, Canoe/Kayak, Fishing Allowed, Sail, Swimming Allowed, Waterski/Wakeboard
  • Water Access: Yes
  • Water Body Type: Bay
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Water View: Yes
  • Water Frontage In Feet: 36

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Brick Driveway
  • Garage Features: Garage - Front Entry, Built In
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable

Condo/Co-op/Association

  • HOA Fees: 575.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Boat Dock/Slip, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Insurance, Pool(s), Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Other Fees: 120.00
  • Other Fees Frequency: One Time
  • Capital Contribution Fee: 1725.00

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Multi Family

  • Federal Flood Zone: A8
  • Waterfront Features: Shared

Tax Info

  • Tax Annual Amount: 11232.00
  • Assessor Parcel Number: 02-00236-00036-C0033
  • Tax Lot: 00036
  • Tax Total Finished Sq Ft: 2114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/11/2023

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Jul 24, 2023
Sold by
Alberici George and Donohoe Kathryn
Bought by
Kramer Bruce and Leonards Loraine C
Seller's Agent
Beth Pinero
Farley & Ferry Realty Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%
Views
271
Current Estimated Value
$643,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,173
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Feb 18, 2019
Closed on
Oct 2, 2019
Sold by
33 Chelsea Court Llc
Bought by
Alberici George and Donohoe Kathryn
Seller's Agent
Emily Marchese
MARCHESE REAL ESTATE, LLC
Buyer's Agent
Beth Pinero
FARLEY and FERRY REALTY, INC
List Price
$340,000
Sold Price
$270,000
Premium/Discount to List
-$70,000
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.63%

Purchase Details

Listed on
Jun 2, 2016
Closed on
Sep 9, 2016
Sold by
Kravitz Gregory and Kravitz Jaime
Bought by
33 Chelsea Court Llc
Seller's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
Buyer's Agent
Jaime Kravitz
DILORENZO REALTY GROUP, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Chelsea View Associates Llc
Bought by
Kravitz Gregory L and Kravitz Jaime M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
5.12%
Mortgage Type
New Conventional
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
Kramer Bruce $575,000 Surety Title
Alberici George $270,000 None Available
33 Chelsea Court Llc $300,000 --
Kravitz Gregory L $515,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kravitz Gregory L $381,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $575,000 -4.0% $272 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $599,000 -7.7% $283 / Sq Ft
03/02/2023 03/02/23 For Sale $649,000 +140.4% $307 / Sq Ft
10/03/2019 10/03/19 Sold $270,000 -10.0% $128 / Sq Ft View Prior Sale
09/16/2019 09/16/19 Pending -- -- --
08/21/2019 08/21/19 Price Changed $299,900 -2.9% $142 / Sq Ft
08/16/2019 08/16/19 Price Changed $309,000 -1.9% $146 / Sq Ft
07/17/2019 07/17/19 Price Changed $315,000 -4.3% $149 / Sq Ft
07/15/2019 07/15/19 Price Changed $329,000 -3.2% $156 / Sq Ft
02/18/2019 02/18/19 For Sale $340,000 +13.3% $161 / Sq Ft
09/09/2016 09/09/16 Sold $300,000 0.0% $142 / Sq Ft View Prior Sale
07/15/2016 07/15/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $300,000 -- $142 / Sq Ft
Source: Bright 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 $10,266 $297,400 $110,000 $187,400
2024 $10,266 $297,400 $110,000 $187,400
2023 $11,233 $297,400 $110,000 $187,400
2022 $11,233 $297,400 $110,000 $187,400
2021 $11,602 $297,400 $110,000 $187,400
2020 $11,700 $297,400 $110,000 $187,400
2019 $10,757 $270,000 $100,000 $170,000
2018 $9,539 $270,000 $100,000 $170,000
2017 $10,263 $300,000 $150,000 $150,000
2016 $11,580 $300,000 $150,000 $150,000
2015 $12,319 $360,000 $180,000 $180,000
2014 $12,053 $360,000 $180,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2007384

Bright MLS

APN: 02-00236-0000-00036-0000-C0033