NOT LISTED FOR SALE

37 S Richmond Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $207,000 - $610,000

-- Bed
-- Bath
1,900 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $91,400 $48 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $3,320/month

11 Days on Market

Highlights

  • Deck
  • Patio
  • Hot Water Heating System
  • Porch

About This Home

As of December 2014

Large house with basement apartment. Large porch & deck. Needs to be updated. Being sold in As Is condition. Buyer responsible for any/all city & municipal certs at buyers expense.

Last Agent to Sell the Property

Alan Korik

FARLEY and FERRY REALTY, INC Listed on: 10/31/2014

Co-Listed By

JOSEPH DI GIROLAMO, Jr.

FARLEY and FERRY REALTY, INC License #0453088

Last Buyer's Agent

RICHARD JACKSON

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #0448722

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,499

Year Built

  • Built in 1920

Lot Details

  • 3,441

Home Design

  • Duplex
  • Vinyl Siding
  • Stucco

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Stove
  • Lot Dimensions are 43 x 80

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,499

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Year Built: 1920
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove
  • Basement: 6 Ft. Or More Head Room, Full, Heated

Exterior Features

  • Outside Features: Curbs, Deck, Patio, Porch, Sidewalks
  • Siding Exterior: Stucco, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Dimensions: 43 x 80

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 12, 2015
Sold by
The Bank Of New York Mellon
Bought by
Rider Makr and Rider Katheryn
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
RICHARD JACKSON
COLDWELL BANKER ARGUS REAL ESTATE-Ventnor
List Price
$91,400
Sold Price
$91,400
Current Estimated Value
$479,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,841
Avg. Annual Appreciation
16.70%

Purchase Details

Closed on
Sep 9, 2014
Sold by
Sultan Shelim
Bought by
Bank Of New York

Purchase Details

Closed on
Mar 7, 2006
Sold by
Tsikouras Kassiani
Bought by
Shelim Sultan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Tsikouras Paul and Tsikouras Xanthi
Bought by
Tsikouras Leonidas and Tsikouras Kassiani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2003
Sold by
Ruzzo Matthew
Bought by
Atlantic City Board Of Educati
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
Rider Makr $91,400 Servicelink
Bank Of New York -- None Available
Shelim Sultan $438,000 --
Tsikouras Leonidas -- --
Atlantic City Board Of Educati $120,000 --
Atlantic City Board Of Education $120,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sultan Shelim $450,000
Previous Owner Shelim Sultan $394,200
Previous Owner Tsikouras Leonidas $180,000
Previous Owner Tsikouras Kassiani $100,000
Previous Owner Tsikouras Kassiani $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $91,400 0.0% $48 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $91,400 -- $48 / 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 $8,499 $246,200 $67,500 $178,700
2024 $8,499 $246,200 $67,500 $178,700
2023 $9,299 $246,200 $67,500 $178,700
2022 $9,299 $246,200 $67,500 $178,700
2021 $9,604 $246,200 $67,500 $178,700
2020 $9,686 $246,200 $67,500 $178,700
2019 $7,171 $180,000 $140,000 $40,000
2018 $6,359 $180,000 $140,000 $40,000
2017 $6,158 $180,000 $140,000 $40,000
2016 $6,948 $180,000 $140,000 $40,000
2015 $10,266 $300,000 $140,000 $160,000
2014 $10,044 $300,000 $140,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alan Korik

    FARLEY and FERRY REALTY, INC

    (609) 412-2913

    2 in this area

    18 Total Sales

    Alan Korik
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    JOSEPH DI GIROLAMO, Jr.

    FARLEY and FERRY REALTY, INC

    (609) 233-7773

    JOSEPH DI GIROLAMO, Jr.
    Section Image

  • R

    Buyer's Agent in 2014

    RICHARD JACKSON

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    RICHARD JACKSON
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 438509

South Jersey Shore Regional MLS

APN: 02-00201-0000-00023

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

37 S Richmond Ave, Atlantic City, NJ

This home is located at 37 S Richmond Ave, Atlantic City, NJ 08401 since 31 October 2014 and is currently estimated at $479,241, approximately $252 per square foot. This property was built in 1920. 37 S Richmond Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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.

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