NOT LISTED FOR SALE

Estimated Value: $456,000 - $566,000

5 Beds
3.5 Baths
1,178 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $100,000 $85 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $3,045/month

68 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Porch
  • Main Floor Primary Bedroom
  • Workshop
  • In-Law or Guest Suite

About This Home

As of August 2014

Amazing price for a home in Lower Chelsea which sits on a 3000+ square foot lot situated just 1.5 blocks from the world famous boardwalk, & nicest beaches along the Atlantic Ocean on the Jersey Shore. This is an Investor Alert, Not a Short Sale, Cash deal only, buyer pays expenses, need quick closing. Needs good amount of work and has major potential being located deep within the high rent district in AC close to Ventnor and Margate. A unique basement seems to have had an old speak easy in it, a must see!

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 03/29/2014

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 03/29/2014

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,143

Lot Details

  • Lot Dimensions are 42 x 80
  • Fenced

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Workshop
  • Storage
  • Laundry Room

Flooring

  • Wood
  • Wood Under Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Porch

Utilities

  • Gas Water Heater

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,143

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Fireplace Equipment
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Built-In, Family Room, Wood Burning
  • Flooring: Hardwood, W/W Over Hardwood
  • Interior Amenities: Bar, Carbon Monoxide Detector, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • 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: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Lower
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Outside Entrance, Plumbing
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Dining Room, In-Law Quarters, Laundry/Utility Room, Workshop, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Needs Work, Paved Road, Porch, Shed, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 42 x 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2017
Sold by
40 S Bartram Realty Llc
Bought by
Sperber Jason
Current Estimated Value
$494,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$156,993
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$337,830

Purchase Details

Listed on
Mar 29, 2014
Closed on
Aug 8, 2014
Sold by
Crestar Capital Llc
Bought by
40 S Bartram Realty Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.35%

Purchase Details

Listed on
Mar 29, 2014
Closed on
Jul 2, 2014
Sold by
Us Bank Cust For Ccts Capital Llc
Bought by
Crestar Capital Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$100,000
Sold Price
$100,000

Purchase Details

Closed on
Dec 15, 1994
Sold by
Korik Patricia and Lieberman Marvin
Bought by
Cincotti Ronald Paul and Merrill Phyllis D
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
Sperber Jason -- Surety Title Co
40 S Bartram Realty Llc $100,000 None Available
Crestar Capital Llc -- None Available
Cincotti Ronald Paul $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sperber Jason $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $100,000 0.0% $85 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $100,000 -- $85 / 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 $5,143 $149,000 $66,900 $82,100
2024 $5,143 $149,000 $66,900 $82,100
2023 $5,628 $149,000 $66,900 $82,100
2022 $5,628 $149,000 $66,900 $82,100
2021 $5,812 $149,000 $66,900 $82,100
2020 $5,862 $149,000 $66,900 $82,100
2019 $5,179 $130,000 $50,000 $80,000
2018 $4,593 $130,000 $50,000 $80,000
2017 $4,447 $130,000 $50,000 $80,000
2016 $6,176 $160,000 $80,000 $80,000
2015 $13,613 $397,800 $261,600 $136,200
2014 $13,318 $397,800 $261,600 $136,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 426477

South Jersey Shore Regional MLS

APN: 02-00207-0000-00007