NOT LISTED FOR SALE

4401 Atlantic Ave Unit C4 Atlantic City, NJ 08401

Estimated Value: $233,000 - $270,000

2 Beds
1.5 Baths
918 Sq Ft
915 Sq Ft Lot

Last Sold May 10, 2023

Last sale price $190,000 $207 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,558/month

9 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Corner Lot
  • Deck
  • End Unit
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

This well maintained 3rd floor walk-up condo in the historic Embassy building is located in the lower Chelsea area of southern Atlantic City and close to the Ventnor border. Just one block to the beach and boardwalk, this top floor corner unit boasts beautiful ocean views! This is the largest 2 bedroom, one and a half bath unit in the building, featuring a newly remodeled main bath, hardwood floors, gas heat, central air, dishwasher and a washer and dryer. Owner has use of bike and unit storage in basement and a common roof top deck that has gorgeous views of the ocean and AC skyline, a perfect place to spend a summer evening. The unit also has a small bonus storage/utility room with a window with access from the living room and master bedroom. Association pays water and sewer. Short term rentals are allowed with limitations.

Last Agent to Sell the Property

LeaRose Mazurie

CENTURY 21 ALLIANCE-O1O4J Listed on: 03/18/2023

CENTURY 21 ALLIANCE-O1O4J

Last Buyer's Agent

SHEILA CARACCIOLO

MARKETPLACE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1930

Lot Details

  • 915

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Deck
  • End Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Embassy Condos

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,941

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 03/18/2023
  • Year Built: 1930
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Area Features: Deck/Porch

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Embassy
  • Management: Off-Site Professionals

Lot Info

  • Location: Corner, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
May 1, 2023
Sold by
Grossel Saul
Bought by
Toto Thomas P and Toto Christina
Seller's Agent
LeaRose Mazurie
CENTURY 21 ALLIANCE-O1O4J
Buyer's Agent
SHEILA CARACCIOLO
MARKETPLACE REALTY
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Views
179
Current Estimated Value
$242,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,799
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 18, 2021
Sold by
Rosen James E and Rosen Lee
Bought by
Grossel Saul
Seller's Agent
Mark Seubert
Soleil Sotheby's International Realty-B
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$169,000
Sold Price
$132,500
Premium/Discount to List
-$36,500
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.04%
Interest Rate
2.87%

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 20, 2021
Sold by
Rosen James E and Rosen Lee
Bought by
Grossel Saul
Seller's Agent
Mark Seubert
Soleil Sotheby's International Realty-B
Buyer's Agent
Jeff Quintin
eXp Realty - Ocean City S382K
List Price
$169,000
Sold Price
$132,500
Premium/Discount to List
-$36,500
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.87%

Purchase Details

Closed on
May 14, 2004
Sold by
Marino Johanna and Elagamal Ebab M
Bought by
Rosen James E and Rosen Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Julian Peter and Julian Susanne
Bought by
Marino Johanna and Elagamal Ebab M

Purchase Details

Closed on
Mar 12, 2003
Sold by
Jasper Edward and Estate Of Martin Jasper
Bought by
Julian Peter and Julian Susanne
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
Toto Thomas P $190,000 Surety Title
Grossel Saul $132,500 --
Rosen James E $155,000 Commonwealth Land Title Insu
Marino Johanna $139,000 Fidelity National Title
Julian Peter $73,250 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grossel Saul --
Previous Owner Rosen James E $124,000
Previous Owner Jasper Edward H $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $190,000 -4.5% $207 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $199,000 +50.2% $217 / Sq Ft
07/20/2021 07/20/21 Sold $132,500 -11.6% $144 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/12/2021 06/12/21 Price Changed $149,900 -11.3% $163 / Sq Ft
05/28/2021 05/28/21 For Sale $169,000 -- $184 / 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 $2,941 $85,200 $35,000 $50,200
2024 $2,941 $85,200 $35,000 $50,200
2023 $3,218 $85,200 $35,000 $50,200
2022 $3,218 $85,200 $35,000 $50,200
2021 $3,324 $85,200 $35,000 $50,200
2020 $3,352 $85,200 $35,000 $50,200
2019 $2,590 $65,000 $32,500 $32,500
2018 $2,296 $65,000 $32,500 $32,500
2017 $2,566 $75,000 $37,500 $37,500
2016 $2,895 $75,000 $37,500 $37,500
2015 $3,696 $108,000 $54,000 $54,000
2014 $5,357 $160,000 $100,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572175

South Jersey Shore Regional MLS

APN: 02-00206-0000-00009-0000-C0304