Seller's Agent in 2023
John Iannarelli
Keller Williams Real Estate - Newtown
(215) 355-5100
2 in this area
29 Total Sales
4 Charles Ct Atlantic City, NJ 08401
Chelsea NeighborhoodEstimated Value: $217,000 - $284,000
3
Beds
1
Bath
1,122
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- 15 Feet of Waterfront
- Primary bedroom faces the ocean
- Public Water Access
- Ocean View
- Sandy Beach
- Furnished
About This Home
As of September 2023Rarely offered very successful renovated 3 bedroom/ 1 bath Airbnb short-term rental ($39.5K GROSS INCOME FIRST YEAR) just steps to the beach! Recently inspected by the City of Atlantic City and a 2023 Short Term Rental License has been issued. NO ASSOCIATION FEES! House will be sold fully furnished with a number of summer bookings already in place.
The fun in the sun at the beach is literally out your front door and right past the ramp to the Boardwalk! Right in the heart of the action. Tropicana Casino is a short 2-block walk to the right and Caesar, Bally’s, Wild West Casinos a short 4-block walk to the left on the world-famous Atlantic City Boardwalk. Boardwalk Hall host to great concerts and shows is only 1 block away! House can be torn down and a new 3-story with the same living sq. footage, the same footprint, and first-floor garage can be built by the right.
An application can be made to the CRDA to build an even bigger house. Property next door at 147 S. Texas has recently been approved by the CRDA for a new house. What the seller loves about this home "Very popular and profitable airbnb steps to the beach."
Last Agent to Sell the Property
(215) 355-5100 johniannarelli@kw.com Keller Williams Real Estate - Newtown License #RS336598 Listed on: 07/30/2023
Co-Listed By
(215) 901-5162 patwisestrehle@comcast.net Real of Pennsylvania License #1645949
Last Buyer's Agent
andrea.adamshughes@compass.com Compass New Jersey, LLC - Moorestown License #2079135
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,093
Year Built
- Built in 1900
Lot Details
- 675 Sq Ft Lot
- Lot Dimensions are 13.60 x 49.50
- 15 Feet of Waterfront
- Home fronts navigable water
- Sandy Beach
- Public Beach
- East Facing Home
- Chain Link Fence
- Property is in very good condition
Home Design
- Brick Exterior Construction
- Slab Foundation
- Rubber Roof
Interior Spaces
- 1,122 Sq Ft Home
- Property has 2 Levels
- Furnished
- Ceiling Fan
- Window Screens
- Living Room
- Dining Room
- Ocean Views
Kitchen
- Kitchenette
- Gas Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom faces the ocean
- En-Suite Primary Bedroom
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Electric Dryer
- Washer
Parking
- Handicap Parking
- Public Parking
- Lighted Parking
- On-Street Parking
- Parking Lot
Outdoor Features
- Public Water Access
- Property is near an ocean
- Swimming Allowed
- Patio
- Outdoor Grill
Schools
- Texas Avenue Elementary School
- Atlantic City High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- 150 Amp Service
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- Ducktown Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Tax Lot 00032
- Assessor Parcel Number 02-00036-00032
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2023
Closed on
Sep 19, 2023
Sold by
4 Charles Court Llc
Bought by
Grebel Alexander and Miller Shane
Seller's Agent
John Iannarelli
Keller Williams Real Estate - Newtown
Buyer's Agent
Andrea Adams-Hughes
Compass New Jersey, LLC - Moorestown
List Price
$249,000
Sold Price
$218,000
Premium/Discount to List
-$31,000
-12.45%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,671
Avg. Annual Appreciation
6.00%
Original Mortgage
$163,500
Interest Rate
7.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2022
Sold by
Heidi Oakley
Bought by
4 Charles Court Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 26, 2014
Closed on
Jun 2, 2015
Sold by
Dix Catherine S
Bought by
Oakley Heidi
Seller's Agent
Christen Andrews
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$78,600
Sold Price
$78,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$77,176
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 5, 2010
Sold by
Coppola Carol and Guarrera Anthony
Bought by
Dix Catherine S
Purchase Details
Closed on
Nov 15, 2004
Sold by
Guarrea Concetta
Bought by
Coppola Carol and Guarrera Anthony
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grebel Alexander | $218,000 | None Listed On Document | |
| 4 Charles Court Llc | $115,000 | New Title Company Name | |
| Oakley Heidi | $78,600 | None Available | |
| Dix Catherine S | $92,000 | None Available | |
| Coppola Carol | -- | -- | |
| Coppola Carol | -- | -- | |
| Coppola Carol | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Grebel Alexander | $163,500 | |
| Previous Owner | 4 Charles Court Llc | $86,250 | |
| Previous Owner | Oakley Heidi | $77,176 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2023 09/19/23 | Sold | $218,000 | -12.4% | $194 / Sq Ft | |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- | |
| 07/30/2023 07/30/23 | For Sale | $249,000 | +216.8% | $222 / Sq Ft | |
| 06/02/2015 06/02/15 | Sold | $78,600 | 0.0% | $70 / Sq Ft | View Prior Sale |
| 03/28/2015 03/28/15 | Pending | -- | -- | -- | |
| 03/26/2014 03/26/14 | For Sale | $78,600 | -- | $70 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $3,880 | $112,400 | $47,500 | $64,900 |
| 2024 | $3,880 | $112,400 | $47,500 | $64,900 |
| 2023 | $3,093 | $81,900 | $47,500 | $34,400 |
| 2022 | $3,093 | $81,900 | $47,500 | $34,400 |
| 2021 | $3,195 | $81,900 | $47,500 | $34,400 |
| 2020 | $3,222 | $81,900 | $47,500 | $34,400 |
| 2019 | $3,745 | $94,000 | $69,400 | $24,600 |
| 2018 | $3,321 | $94,000 | $69,400 | $24,600 |
| 2017 | $3,216 | $94,000 | $69,400 | $24,600 |
| 2016 | $3,628 | $94,000 | $69,400 | $24,600 |
| 2015 | $6,009 | $175,600 | $151,000 | $24,600 |
| 2014 | -- | $175,600 | $151,000 | $24,600 |
Source: Public Records
Agents Affiliated with this Home
-
John Iannarelli
-
Pat Wise Strehle
Seller Co-Listing Agent in 2023
Pat Wise Strehle
Real of Pennsylvania
(215) 901-5162
1 in this area
135 Total Sales
-
Andrea Adams-Hughes
Buyer's Agent in 2023
Andrea Adams-Hughes
Compass New Jersey, LLC - Moorestown
(609) 226-8043
1 in this area
38 Total Sales
-
Christen Andrews
Seller's Agent in 2015
Christen Andrews
Compass New Jersey-Ocean City (O463E)
(609) 992-9801
50 Total Sales
-
A
Buyer's Agent in 2015
AGENT NON-MEMBER
NON-MEMBER OFFICE
Map
Source: Bright MLS
MLS Number: NJAC2009126
APN: 02-00036-0000-00032
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