NOT LISTED FOR SALE

Estimated Value: $447,699 - $587,000

-- Bed
-- Bath
1,744 Sq Ft
$299/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $348,000 $200 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,494/month

99 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Central Air

About This Home

As of April 2022

Welcome to this wonderful duplex in the heart of Lower Chelsea area, right here in Atlantic City! This duplex has a main level with 5 large bedrooms and 2 updated bathrooms. It also offers a laundry room off the kitchen. Home has hardwoods throughout, and large closets in all bedrooms. This super clean home is great for the whole family! The bottom level has a nice open concept with tile floors throughout and 2 beds 1 bath. Theres is a yearly tenant that pays $850 a month. Property also offers off street parking for 3 cars. This property is centrally located into walking distance from some of the greatest Atlantic Cities best restaurants, and bars the city has to offer. 2 Blocks away from Stockton college. You are not going to want to miss this great opportunity!

Last Agent to Sell the Property

Jeff Quintin

eXp Realty - Ocean City S382K License #SP-9134206 Listed on: 11/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,688

Year Built

  • Built in 1922

Lot Details

  • 1,786

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding
  • Stucco

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 40x45

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,688

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 11/09/2021
  • Year Built: 1922
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Other Rooms: Laundry/Utility Rm

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 40x45

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Tyrrell Robert
Bought by
Mr Castles Llc
Current Estimated Value
$521,175

Purchase Details

Listed on
Nov 9, 2021
Closed on
Apr 8, 2022
Sold by
Barbara Smith
Bought by
Tyrrell Robert and Pena Madeline
Seller's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$399,900
Sold Price
$348,000
Premium/Discount to List
-$51,900
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$261,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 20, 2021
Sold by
Rahman Mohammed and Amin Mohammad
Bought by
Smith Barbara and Adamski Geraldine
Seller's Agent
Rivka Nagel
BHHS FOX and ROACH-Margate
Buyer's Agent
YEHUDA AMIR
NEW ERA REAL ESTATE-B
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.72%
Original Mortgage
$210,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2009
Sold by
Begum Hosneara and Uddin Nasir M
Bought by
Rahman Mohammed and Amin Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Vi Minh
Bought by
Hosne Ara Begum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.52%
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
Mr Castles Llc -- --
Tyrrell Robert $348,000 Green Label Title
Smith Barbara $280,000 None Available
Rahman Mohammed $250,000 Foundation Title
Hosne Ara Begum $320,000 --
Begum Hosne Ara $320,000 Surety Title Agency Of Atlan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyrrell Robert $261,000
Previous Owner Smith Barbara $210,000
Previous Owner Rahman Mohammed $200,000
Previous Owner Begum Hosne Ara $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $348,000 -10.7% $200 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
11/30/2021 11/30/21 Price Changed $389,900 -2.5% $224 / Sq Ft
11/09/2021 11/09/21 For Sale $399,900 +42.8% $229 / Sq Ft
08/31/2021 08/31/21 Sold $280,000 -5.1% $161 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $295,000 -3.3% $169 / Sq Ft
05/20/2021 05/20/21 For Sale $305,000 0.0% $175 / Sq Ft
11/15/2018 11/15/18 Rented -- -- --
10/15/2018 10/15/18 Price Changed $1,550 -6.1% $1 / Sq Ft
08/08/2018 08/08/18 For Rent $1,650 -- --
08/01/2013 08/01/13 Rented -- -- --
08/01/2013 08/01/13 For Rent -- -- --
10/05/2012 10/05/12 Rented -- -- --
10/05/2012 10/05/12 For Rent -- -- --
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 $7,688 $222,700 $54,400 $168,300
2023 $8,411 $222,700 $54,400 $168,300
2022 $8,411 $222,700 $54,400 $168,300
2021 $5,407 $138,600 $54,400 $84,200
2020 $5,203 $138,600 $54,400 $84,200
2019 $4,929 $130,000 $30,000 $100,000
2018 $4,343 $130,000 $30,000 $100,000
2017 $4,197 $130,000 $30,000 $100,000
2016 $5,347 $145,000 $120,000 $25,000
2015 $7,700 $225,000 $180,000 $45,000
2014 $7,533 $225,000 $180,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557309

South Jersey Shore Regional MLS

APN: 02-00227-0000-00009