NOT LISTED FOR SALE

Estimated Value: $354,000 - $550,000

2 Beds
1 Bath
1,556 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $185,000 $119 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,802/month

About This Home

As of February 2021

FIRST FLOOR 2 BEDROOM AND 1 BATH APARTMENT IN A GREAT CHELSEA NEIGHBORHOOD LOCATED ONE BLOCK TO THE BEACH AND BOARDWALK.

Last Agent to Rent the Property

Michael Shamberg

BHHS DIVERSIFIED REALTY License #0229998 Listed on: 12/02/2020

BHHS DIVERSIFIED REALTY

Last Renter's Agent

Baldassare (Baldo) Fiorentino

BALSLEY/LOSCO License #2080159

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,410

Year Built

  • 1900

Lot Details

  • 1,742

Parking

  • 2 Parking Spaces

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,410

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: Will Consider
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 850

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 12/02/2020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1900

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Tile, W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Eat In Kitchen

Garage/Parking

  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Nov 24, 2020
Sold by
46 S Windsor Llc
Bought by
Jacob Adrian A
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Andi Sinderbrand
FARLEY and FERRY REALTY, INC
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Current Estimated Value
$416,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,150
Avg. Annual Appreciation
19.50%
Original Mortgage
$138,750
Outstanding Balance
$124,943
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$310,083

Purchase Details

Closed on
Sep 30, 2016
Sold by
Wells Fargo Bank
Bought by
46 S Windsor Llc

Purchase Details

Closed on
Mar 9, 2016
Sold by
Salazar German and Salazar Ylsa
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 10, 2003
Sold by
Qzsim Syeda
Bought by
Atlantic City Board Of Educati

Purchase Details

Closed on
Feb 11, 2003
Sold by
Salazar German and Delcarmen Zoila
Bought by
Salazar German and Salazar Ylsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,700
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2000
Sold by
Reilly Maureen
Bought by
Qasim Syeda and Qasim Sikander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,370
Interest Rate
8.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 1998
Sold by
Moore Randal O
Bought by
Cerda Zoila Delcarmen and Salazar German

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,233
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1998
Sold by
Green Morris L and Green Minnie
Bought by
Reilly Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,004
Interest Rate
7.02%
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
Jacob Adrian A $185,000 Surety Title Company
46 S Windsor Llc $104,432 --
Wells Fargo Bank Na -- None Available
Atlantic City Board Of Educati $130,000 --
Atlantic City Board Of Education $130,000 The Title Company Of Jersey
Salazar German -- --
Qasim Syeda $77,000 Title Agency
Cerda Zoila Delcarmen $125,000 --
Reilly Maureen $71,900 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Adrian A $138,750
Previous Owner Salazar German $263,900
Previous Owner Salazar German $124,700
Previous Owner Qasim Syeda $75,871
Previous Owner Qasim Syeda $76,370
Previous Owner Cerda Zoila Delcarmen $124,233
Previous Owner Reilly Maureen $70,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Rented -- -- --
12/02/2020 12/02/20 For Rent $850 0.0% --
10/30/2020 10/30/20 Sold $185,000 -17.8% $119 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $225,000 +23584.2% $145 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/01/2020 08/01/20 Rented -- -- --
06/09/2020 06/09/20 For Rent $950 0.0% --
05/28/2020 05/28/20 Off Market $950 -- --
05/27/2020 05/27/20 For Sale $225,000 0.0% $145 / Sq Ft
03/23/2020 03/23/20 For Rent $950 0.0% --
03/23/2020 03/23/20 Price Changed $950 0.0% $1 / Sq Ft
03/06/2020 03/06/20 Rented -- -- --
01/06/2020 01/06/20 Price Changed $950 -5.0% $1 / Sq Ft
11/13/2019 11/13/19 For Rent $1,000 +42.9% --
03/01/2019 03/01/19 Rented -- -- --
02/01/2019 02/01/19 Rented -- -- --
11/27/2018 11/27/18 For Rent $700 -22.2% --
10/20/2018 10/20/18 Price Changed $900 -7.7% $1 / Sq Ft
10/20/2018 10/20/18 Price Changed $975 +21.9% $1 / Sq Ft
08/26/2018 08/26/18 For Rent $800 -- --
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 $6,410 $185,700 $53,400 $132,300
2023 $7,014 $185,700 $53,400 $132,300
2022 $7,014 $185,700 $53,400 $132,300
2021 $7,244 $185,700 $53,400 $132,300
2020 $7,305 $185,700 $53,400 $132,300
2019 $15,840 $397,600 $256,000 $141,600
2018 $14,047 $397,600 $256,000 $141,600
2017 $13,602 $397,600 $256,000 $141,600
2016 $15,347 $397,600 $256,000 $141,600
2015 $13,606 $397,600 $256,000 $141,600
2014 $13,312 $397,600 $256,000 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 545171

South Jersey Shore Regional MLS

APN: 02-00201-0000-00012