NOT LISTED FOR SALE

Estimated Value: $553,138 - $644,000

-- Bed
-- Bath
3,963 Sq Ft
$153/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $148,000 $37 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $3,941/month

149 Days on Market

About This Home

As of April 2018

This is a Fannie Mae Homepath Property located in the Chelsea are of Atlantic City. 2 blocks to the boardwalk and the beach . Close to transportation. Ideal primary , secondary home or investment. The basement unit has 2 bedrooms and main unit of the house has 6 bedrooms.

Last Agent to Sell the Property

Colleen Bell

RE/MAX COASTAL Listed on: 10/04/2017

RE/MAX COASTAL

Last Buyer's Agent

FONNY LAU

BLOOM REALTY CO License #SP-8334921

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,915

Lot Details

  • 3,136

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Brick Exterior Construction

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 42x75

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,915

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 10/05/2017
  • Allow Comsumer Comment: Yes
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full, Outside Entrance, Plumbing

Exterior Features

  • Outside Features: Curbs, Porch-Enclosed, Sidewalks
  • Siding Exterior: Brick, Masonry/Block

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 42x75

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Apr 4, 2018
Sold by
Fannie Mae
Bought by
Yuan Jianchao
Seller's Agent
Colleen Bell
RE/MAX COASTAL
Buyer's Agent
FONNY LAU
BLOOM REALTY CO
List Price
$159,900
Sold Price
$148,000
Premium/Discount to List
-$11,900
-7.44%
Current Estimated Value
$607,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,035
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Begum Nashima and Hossain Shakewhate
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 2007
Sold by
Uddin Nasir
Bought by
Begum Nashima and Hossain Soharab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Sheldon James H and Sheldon Robert
Bought by
Uddin Nasir and Mia Mohammed Abu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
6.91%
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
Yuan Jianchao $148,000 Tri County Title Svcs Llc
Federal National Mortgage Association $1,000 None Available
Begum Nashima $625,000 --
Uddin Nasir $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Begum Nashima $500,000
Previous Owner Uddin Nasir $400,000
Previous Owner Uddin Nasir $91,000
Previous Owner Mia Mohammed Abu $375,000
Previous Owner Uddin Nasir $285,000
Previous Owner Uddin Nasir $75,000
Previous Owner Uddin Nasir $27,000
Previous Owner Uddin Nasir $139,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $148,000 -7.4% $37 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $159,900 -- $40 / 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 $7,915 $229,300 $65,200 $164,100
2024 $7,915 $229,300 $65,200 $164,100
2023 $8,661 $229,300 $65,200 $164,100
2022 $8,661 $229,300 $65,200 $164,100
2021 $8,945 $229,300 $65,200 $164,100
2020 $9,021 $229,300 $65,200 $164,100
2019 $9,562 $240,000 $140,000 $100,000
2018 $18,548 $525,000 $300,000 $225,000
2017 $17,960 $525,000 $300,000 $225,000
2016 $20,265 $525,000 $300,000 $225,000
2015 $17,966 $525,000 $300,000 $225,000
2014 $17,577 $525,000 $300,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 495125

South Jersey Shore Regional MLS

APN: 02-00204-0000-00016