NOT LISTED FOR SALE

3806 Ventnor Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $444,986

-- Bed
-- Bath
-- Sq Ft
1,742 Sq Ft Lot

Last Sold May 30, 2024

Last sale price $450,000

Est. 1% decrease in value since last sale

Current estimated payment $2,958/month

232 Days on Market

Highlights

  • Living Room
  • Dining Room
  • 4-minute walk to O'Donnell Memorial Park

About This Home

As of May 2024

This Building features: Barbara Shop on the ground floor and 2 apartments above. Each apartments consist of Living, Dinning room, Kitchen, Bathroom and 3 Bedroom. 1/2 block from Stockton University. Great opportunity !!

Last Agent to Sell the Property

FONNY LAU

BLOOM REALTY CO License #SP-8334921 Listed on: 08/22/2023

Last Buyer's Agent

Flamur Rama

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,546

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 18.8'x98'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room
  • Dining Room
  • Stove

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,546

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Year Built: 1925
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Other Rooms: Dining Room, Kitchen, Living Room

Exterior Features

  • Siding Exterior: Brick

Utilities

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

Lot Info

  • Lot Dimensions: 18.8'X98'

Rental Info

  • Rental Information: 100 Percent Occupancy, Lease Required, Security Deposit

Multi Family

  • Number Of Units: 3
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
May 28, 2024
Sold by
Profusion Group Llc
Bought by
Dalipi Nj Ac Properties Llc
Seller's Agent
FONNY LAU
BLOOM REALTY CO
Buyer's Agent
Flamur Rama
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
83
Current Estimated Value
$444,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,014
Avg. Annual Appreciation
-0.79%
Original Mortgage
$360,000
Outstanding Balance
$352,035
Interest Rate
4%
Mortgage Type
Seller Take Back
Estimated Equity
$92,951

Purchase Details

Closed on
Mar 2, 2018
Sold by
On Leung Chinese Merchants Association
Bought by
Profusion Group Llc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Chen Chi Mei
Bought by
On Leung Chinese Merchant Asso
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
Dalipi Nj Ac Properties Llc $450,000 Atlantic Shore Title
Profusion Group Llc $180,000 Brennan Title Abstract Llc
On Leung Chinese Merchant Asso $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalipi Nj Ac Properties Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $450,000 -9.8% --
04/10/2024 04/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $499,000 0.0% --
12/26/2023 12/26/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $499,000 -- --
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 $7,546 $218,600 $44,000 $174,600
2024 $7,546 $218,600 $44,000 $174,600
2023 $8,257 $218,600 $44,000 $174,600
2022 $8,257 $218,600 $44,000 $174,600
2021 $8,528 $218,600 $44,000 $174,600
2020 $8,600 $218,600 $44,000 $174,600
2019 $10,558 $265,000 $140,000 $125,000
2018 $11,867 $335,900 $140,000 $195,900
2017 $11,491 $335,900 $140,000 $195,900
2016 $12,966 $335,900 $140,000 $195,900
2015 $11,495 $335,900 $140,000 $195,900
2014 $11,246 $335,900 $140,000 $195,900
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    FONNY LAU

    BLOOM REALTY CO

    (609) 345-2203

    4 in this area

    6 Total Sales

    FONNY LAU
    Section Image
  • Flamur Rama

    Buyer's Agent in 2024

    Flamur Rama

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 703-9208

    4 in this area

    51 Total Sales

    Flamur Rama
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577122

South Jersey Shore Regional MLS

APN: 02-00190-0000-00008

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

3806 Ventnor Ave, Atlantic City, NJ

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