NOT LISTED FOR SALE

Estimated Value: $696,000 - $1,049,000

4 Beds
3 Baths
2,360 Sq Ft
$389/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $800,000 $339 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,683/month

2 Days on Market

Highlights

  • Water Views
  • Walk-In Closet
  • Laundry Room
  • Deck
  • Library
  • Storage

About This Home

As of December 2022

Don't miss out on this Lower Chelsea stunner! This recently renovated 4 bedroom 3 full bath home sits on a large 40X80 lot with ocean views from the decks. Huge front porch with ceiling fans and recessed lighting for relaxation. Master bedroom features sliders that go out to a deck with ocean views. Master bathroom complete with double sinks, walk in tiled shower and enormous walk in closet. Renovations include , vinyl siding, windows, insulation, plumbing, electric & 2 zoned AC. House has a very functional open layout with large living area with fireplace, dining area and a stunning kitchen. Chef's kitchen with plenty of cabinets, counter & prep space. White soft close cabinets, quartz counters and stainless LG appliances. First floor also has a small flex room for use as an office or a huge pantry & a full bathroom. Wide plank neutral flooring & a small mud room leads to a new back deck. Enclosed outside shower and parking for 4 plus cars. Storage area on the ground level for bikes, chairs and beach toys. Upper level has 3 additional spacious bedrooms another full bath and a sunny upstairs laundry room with Samsung washer/dryer. Recessed lighting and ceiling fans throughout. Classic finishes make this home timeless. Right across from the beach & boardwalk for fun & sun! Best value in Chelsea for a single family home so close to the beach. Priced to sell so put this one on your Holiday wish list!

Last Agent to Sell the Property

Joanne Ferraro

BHHS FOX and ROACH-Margate License #9231960 Listed on: 11/25/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #0999715

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,063

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 40 x 80

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Storage
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,063

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 11/25/2022
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Laminate Flooring, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Full, Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room, Library/Study, Pantry

Exterior Features

  • Outside Features: Deck, Sidewalks, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Water View
  • Lot Dimensions: 40 X 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Dec 30, 2022
Sold by
Timothy Tonczyczyn Llc
Bought by
Pereda Cesar Ernesto and Pereda Leanne Michelle
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
34
Current Estimated Value
$1,006,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,565
Avg. Annual Appreciation
4.44%
Original Mortgage
$640,000
Outstanding Balance
$623,340
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$272,610

Purchase Details

Closed on
May 25, 2022
Sold by
Atlantic Avenue Real Estate Trust
Bought by
Timothy Tonczyczyn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,800
Interest Rate
6.02%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 20, 2021
Sold by
Vargas Julio and Vargas Carmen
Bought by
Atlantic Avenue Real Estate Trust
Seller's Agent
Neil Cohen
NEW ERA REAL ESTATE-B
Buyer's Agent
Neil Cohen
NEW ERA REAL ESTATE-B
List Price
$338,000
Sold Price
$320,000
Premium/Discount to List
-$18,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.63%
Original Mortgage
$295,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Vargas Julio
Bought by
Vargas Julio and Vargas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2002
Sold by
Martinez Walter and Martinez Miriam
Bought by
Vargas Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,100
Interest Rate
6.25%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Martinez Walter and Martinez Miriam
Bought by
Martinez Walter and Martinez Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,908
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 1996
Sold by
Argeropoulos John and Argeropoulos Thomas
Bought by
Martinez Walter and Martinez Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,700
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1993
Sold by
Ponzio Rudolph
Bought by
Argeropoulos John and Argeropoulos Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pereda Cesar Ernesto $800,000 Surety Title
Timothy Tonczyczyn Llc $430,000 Sjs Title
Atlantic Avenue Real Estate Trust $320,000 Commonwealth Land Ttl Ins Co
Vargas Julio -- New Vision Title Agency Llc
Vargas Julio $219,000 Cb Title Group Llc
Martinez Walter -- --
Martinez Walter $123,000 The Title Company
Argeropoulos John $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereda Cesar Ernesto $640,000
Previous Owner Timothy Tonczyczyn Llc $603,800
Previous Owner Mckee William G $295,000
Previous Owner Mckee William G $80,000
Previous Owner Vargas Julio $177,700
Previous Owner Vargas Julio $220,000
Previous Owner Vargas Julio $197,100
Previous Owner Martinez Walter $31,648
Previous Owner Martinez Walter $129,908
Previous Owner Martinez Walter $122,700
Previous Owner Argeropoulos John $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $800,000 +0.1% $339 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $799,000 +149.7% $339 / Sq Ft
05/20/2021 05/20/21 Sold $320,000 -5.3% $136 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $338,000 -- $143 / 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
2024 $14,063 $407,400 $65,600 $341,800
2023 $9,673 $256,100 $65,600 $190,500
2022 $9,673 $256,100 $65,600 $190,500
2021 $9,990 $256,100 $65,600 $190,500
2020 $10,075 $256,100 $65,600 $190,500
2019 $9,960 $250,000 $100,000 $150,000
2018 $8,833 $250,000 $100,000 $150,000
2017 $8,553 $250,000 $100,000 $150,000
2016 $9,650 $250,000 $100,000 $150,000
2015 $8,555 $250,000 $100,000 $150,000
2014 $14,088 $420,800 $261,000 $159,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 569175

South Jersey Shore Regional MLS

APN: 02-00207-0000-00013