NOT LISTED FOR SALE

Estimated Value: $686,000 - $1,079,000

8 Beds
6 Baths
3,124 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $140,000 $45 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $5,426/month

161 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Marble Flooring
  • Great Room
  • Recreation Room
  • Victorian Architecture
  • Fireplace

About This Home

As of August 2012

HUGE STREET TO STREET SINGLE FAMILY HOUSE ON THE SOUTH SIDE IN LOWER CHELSEA. TWO CAR ATTACHED GARAGE. JUST ABOUT EVERY BEDROOM HAS A BATHROOM. PRICED LESS THAN HALF OF ITS ASSESSED VALUE. WHAT ARE YOU WAITING FOR? STEPS TO THE BEACH AND WORLD FAMOUS ATLANTIC CITY BOARDWALK. CLOSE TO CASINOS, SHOPPING AND MORE. GET IN NOW BEFORE THE REVEL OPENS. GREAT FOR THE EXTENDED FAMILY OR INVESTORS.TAXES HAVE BEEN APPEALED & ARE APPROX $6800 A YEAR. IN R2 ZONE.

Last Agent to Sell the Property

Susan Carr

BHHS FOX and ROACH-Northfield License #0457836 Listed on: 01/01/2012

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

Jose Chey

BHHS FOX and ROACH-Northfield License #0014573

BHHS FOX and ROACH-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,442

Lot Details

  • 2,526

Home Design

  • Victorian Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Blinds
  • Great Room
  • Dining Room
  • Recreation Room
  • Storage
  • Laundry Room
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Finished Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Porch
  • Building is beachfront but unit may not have water views

Community Details

  • Chelsea Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,442

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Victorian
  • Age: 25+ Years
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Fireplace: Built-In
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Storage
  • Bedrooms: 8
  • Full Bathrooms: 6
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Outside Entrance, Partially Finished
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Porch, Sidewalks
  • Siding Exterior: Stucco, Vinyl
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Ceiling Fan(s)
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 35X72IR
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2012
Closed on
Aug 31, 2012
Sold by
Cheung Maggie
Bought by
Ali Jehangir and Ali Rayshma
Seller's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
Buyer's Agent
Jose Chey
BHHS FOX and ROACH-Northfield
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$836,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,063
Avg. Annual Appreciation
14.51%
Original Mortgage
$112,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2002
Sold by
Blumberg Malcolm M and Blumberg Roselyn J
Bought by
Cheung Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.92%
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
Ali Jehangir $140,000 None Available
Cheung Maggie $155,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Rayshma $360,000
Closed Ali Jehangir $112,000
Previous Owner Cheung Maggie W $100,000
Previous Owner Cheung Maggie $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2012 08/31/12 Sold $140,000 0.0% $45 / Sq Ft
06/10/2012 06/10/12 Pending -- -- --
01/01/2012 01/01/12 For Sale $140,000 -- $45 / 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 $10,442 $302,500 $57,700 $244,800
2023 $11,425 $302,500 $57,700 $244,800
2022 $11,425 $302,500 $57,700 $244,800
2021 $11,801 $302,500 $57,700 $244,800
2020 $11,900 $302,500 $57,700 $244,800
2019 $8,964 $225,000 $100,000 $125,000
2018 $7,949 $225,000 $100,000 $125,000
2017 $7,697 $225,000 $100,000 $125,000
2016 $8,685 $225,000 $100,000 $125,000
2015 $7,700 $225,000 $100,000 $125,000
2014 $7,533 $225,000 $100,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 388082

South Jersey Shore Regional MLS

APN: 02-00208-0000-00009