$500,000
SOLD DEC 1, 2020

38 S Plaza Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood
7 Beds
4.5 Baths
3,547 Sq Ft
3,615 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

7% Below List Price

Highlights

  • Deck
  • Porch
  • Laundry Room
  • Wood Flooring
  • Eat-In Kitchen
  • Outdoor Shower

About This Home

As of January 2022

THIS HOME COMES WITH A HOME WARRANTY! Old World Charm nicely updated with new kitchen and baths in desirable Chelsea neighborhood one short block to beach & boardwalk on wide tree lined street. This charming home boasts high ceilings, hardwood floors, huge and spacious rooms on 3 levels of living with extra space in the basement. Large and welcoming front porch is perfect place to be after a day at the beach.Outdoor dining on the back deck with natural gas grill expands the kitchen and provides true indoor/outdoor living. Second level has master suite with new bathroom, 4 additional bedrooms and renovated bath, washer and dryer. Two more bedrooms on 3rd Floor with a bath. Sold fully furnished less personal items this is a turnkey house just waiting for you! Flood insurance is not required for this property.

Last Agent to Sell the Property

LAUREN PERKINS

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St Listed on: 10/09/2020

LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,542

Parking

  • 1 Car Garage

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Gas Log Fireplace
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Additional Features

  • Lot Dimensions are 50x72
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,542

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Partially Furnished
  • Lvt Date: 10/09/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Built-In, Gas Log
  • Flooring: Hardwood, Tile, Vinyl
  • Bedrooms: 7
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathroom 1 Level: Basement
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: 6 Ft. Or More Head Room
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch

Garage/Parking

  • Garage: One Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 50x72
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 21, 2022
Sold by
Nathan And Leslie Isen Trust
Bought by
Loynd Scott and Mullin Roberta
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Kathleen Federico
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$799,500
Sold Price
$698,500
Premium/Discount to List
-$101,000
-12.63%
Current Estimated Value
$916,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,124
Avg. Annual Appreciation
8.61%
Original Mortgage
$558,800
Outstanding Balance
$520,728
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$423,559

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 17, 2020
Sold by
Meguigan Matthew
Bought by
Jacobs Robert C and Nathan And Leslie Isen Trust
Seller's Agent
LAUREN PERKINS
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.40%
Original Mortgage
$375,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 26, 2018
Closed on
Oct 2, 2018
Sold by
Perna Lucille I
Bought by
Mcguigan Matthew
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
LAUREN PERKINS
LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
List Price
$499,000
Sold Price
$399,000
Premium/Discount to List
-$100,000
-20.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$359,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2001
Sold by
Sparta Lisa
Bought by
Perna Angelo P and Perna Lucille I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.21%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Goodman Katherine and Astrologo Myrna A
Bought by
Scallatino Lucy
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 Type Sale Price Title Company
Deed $698,500 The Title Company
Deed $500,000 None Available
Deed $399,000 Infinity Title Agency
Executors Deed $190,000 Fidelity National Title Ins
Deed $170,000 The Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $558,800 New Conventional
Previous Owner $385,000 New Conventional
Previous Owner $375,000 Purchase Money Mortgage
Previous Owner $336,000 New Conventional
Previous Owner $359,100 New Conventional
Previous Owner $52,000 New Conventional
Previous Owner $51,349 Unknown
Previous Owner $7,200 No Value Available
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $698,500 -12.6% $197 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $799,500 +14.5% $225 / Sq Ft
10/29/2021 10/29/21 Off Market $698,500 -- --
10/14/2021 10/14/21 Price Changed $799,500 -8.1% $225 / Sq Ft
10/06/2021 10/06/21 For Sale $869,500 +73.9% $245 / Sq Ft
12/01/2020 12/01/20 Sold $500,000 -7.2% $141 / Sq Ft
10/09/2020 10/09/20 For Sale $539,000 +35.1% $152 / Sq Ft
09/27/2018 09/27/18 Sold $399,000 -9.3% $112 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $439,900 -2.2% $124 / Sq Ft
04/07/2018 04/07/18 Price Changed $450,000 -9.8% $127 / Sq Ft
02/26/2018 02/26/18 For Sale $499,000 -- $141 / 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 $10,542 $305,400 $68,800 $236,600
2024 $10,542 $305,400 $68,800 $236,600
2023 $11,535 $305,400 $68,800 $236,600
2022 $11,535 $305,400 $68,800 $236,600
2021 $11,914 $305,400 $68,800 $236,600
2020 $12,014 $305,400 $68,800 $236,600
2019 $11,952 $300,000 $40,000 $260,000
2018 $10,599 $300,000 $40,000 $260,000
2017 $10,263 $300,000 $40,000 $260,000
2016 $11,580 $300,000 $40,000 $260,000
2015 $10,266 $300,000 $40,000 $260,000
2014 $15,401 $460,000 $200,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2022

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    19 in this area

    235 Total Sales

    Rene Kane
    Section Image

  • K

    Buyer's Agent in 2022

    Kathleen Federico

    GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY

    (609) 703-4024

    2 in this area

    7 Total Sales

    Kathleen Federico
    Section Image
  • LAUREN PERKINS

    Seller's Agent in 2020

    LAUREN PERKINS

    LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St

    (609) 415-0172

    2 in this area

    14 Total Sales

    LAUREN PERKINS
    Section Image
  • Ashley Franchini

    Seller's Agent in 2018

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    7 in this area

    196 Total Sales

    Ashley Franchini
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 543332

South Jersey Shore Regional MLS

APN: 02-00211-0000-00005

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

38 S Plaza Place, Atlantic City, NJ

This home is located at 38 S Plaza Place, Atlantic City, NJ 08401 and is currently priced at $500,000, approximately $140 per square foot. 38 S Plaza Place is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and St. James Elementary School.

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