NOT LISTED FOR SALE

33 S Iowa Ave Unit E1, 5th Floor Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $111,173 - $137,000

2 Beds
1 Bath
-- Sq Ft
566 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $36,000

Est. 236% increase in value since last sale

Current estimated payment $743/month

118 Days on Market

Highlights

  • Wood Flooring
  • Security Service
  • Central Air
  • Elevator

About This Home

As of December 2018

Great investment opportunity in the Southside of Atlantic City. This condo is situated just a block and a half from the world famous Atlantic City boardwalk and beach. It is also located blocks away from Stockton University's new campus. Two bedrooms and one bathroom with open floor plan living, dining and kitchen. Kitchen features a Gas stove. The complex has a security door and elevator. A great rental investment option. Schedule you showing today

Last Agent to Sell the Property

John Moore

WEICHERT REALTORS ASBURY GROUP-OC Listed on: 07/31/2018

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,177

Lot Details

  • 566

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wood Flooring

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water
  • Iowa Condos
  • 6-Story Property

Pet Policy

  • Pet Restriction

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,177

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 08/17/2018
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Six To Ten
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Gas Stove, Microwave, Refrigerator
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Common Area Features: Elevator, Security

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Iowa
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Jan 16, 2019
Sold by
U S Bank Na
Bought by
Pier Shraga
Seller's Agent
John Moore
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$39,900
Sold Price
$36,000
Premium/Discount to List
-$3,900
-9.77%
Current Estimated Value
$121,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,043
Avg. Annual Appreciation
19.68%

Purchase Details

Closed on
Oct 28, 2004
Sold by
Huagn Jian
Bought by
Hinojosa Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
5.75%
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
Pier Shraga $36,000 None Available
Hinojosa Juan $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinojosa Juan $95,000
Previous Owner Hinojosa Juan $63,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $36,000 +2.9% --
11/26/2018 11/26/18 Pending -- -- --
11/20/2018 11/20/18 Price Changed $35,000 -12.3% --
11/20/2018 11/20/18 For Sale $39,900 +10.8% --
11/16/2018 11/16/18 Off Market $36,000 -- --
10/31/2018 10/31/18 Price Changed $35,000 -12.3% --
07/31/2018 07/31/18 For Sale $39,900 -- --
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 $1,177 $34,100 $10,000 $24,100
2024 $1,177 $34,100 $10,000 $24,100
2023 $1,288 $34,100 $10,000 $24,100
2022 $1,288 $34,100 $10,000 $24,100
2021 $1,330 $34,100 $10,000 $24,100
2020 $1,341 $34,100 $10,000 $24,100
2019 $1,474 $37,000 $18,500 $18,500
2018 $970 $37,000 $18,500 $18,500
2017 $1,266 $37,000 $18,500 $18,500
2016 $1,428 $37,000 $18,500 $18,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 509922

South Jersey Shore Regional MLS

APN: 02-00173-0000-00001-0000-C00E1