NOT LISTED FOR SALE

48 S Laclede Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $561,000 - $795,000

1 Bed
1 Bath
2,018 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $540,000 $268 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,330/month

About This Home

As of July 2023

This is a ground level modern apartment fully furnished one block from the beach close to Ventnor.One year lease is required with month and half security deposit with full background and credits screening.Tenant is resposible for gas,electric,cable and internet.

Last Agent to Rent the Property

Stamen Iliev

Keyway Real Estate, LLC Listed on: 07/11/2023

Last Renter's Agent

Stamen Iliev

Keyway Real Estate, LLC Listed on: 07/11/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,451

Year Built

  • 1910

Lot Details

  • 3,136

Interior Spaces

  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,451

Year Built

1910

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 1700

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 07/11/2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Bedrooms: 1
  • Full Bathrooms: 1

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 26, 2020
Sold by
Cardellia Vincenzo
Bought by
Silverman Michael and Esposito Theresa
Seller's Agent
Diane Ciliberti
BHHS FOX and ROACH-Northfield
Buyer's Agent
Stamen Iliev
Keyway Real Estate, LLC
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%
Current Estimated Value
$691,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,371
Avg. Annual Appreciation
4.56%
Original Mortgage
$373,800
Outstanding Balance
$330,512
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$360,859

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jan 12, 2017
Sold by
Mancuso Richard Jerome and Mancuso Maria Rose
Bought by
Cardellia Vincenzo
Seller's Agent
Richard Perrin
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.37%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Mancuso Rosmary I
Bought by
Mancuso Richard Jerome and Mancuso Maria Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2000
Sold by
Mancuso Rosmary I
Bought by
Mancuso Rosmary I
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
Silverman Michael $540,000 Agents Title Llc
Cardellia Vincenzo $130,000 None Available
Mancuso Richard Jerome $275,000 Guardian Title Agency Of Oce
Mancuso Rosmary I $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverman Michael $373,800
Previous Owner Mancuso Richard Jerome $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2023 07/21/23 Rented -- -- --
07/11/2023 07/11/23 For Rent $1,700 0.0% --
04/15/2020 04/15/20 Sold $540,000 -8.3% $268 / Sq Ft View Prior Sale
02/10/2020 02/10/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $589,000 +353.1% $292 / Sq Ft
01/02/2017 01/02/17 Sold $130,000 0.0% $64 / Sq Ft View Prior Sale
10/24/2016 10/24/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $130,000 -- $64 / 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 $8,451 $244,800 $65,200 $179,600
2024 $8,451 $244,800 $65,200 $179,600
2023 $9,246 $244,800 $65,200 $179,600
2022 $9,246 $244,800 $65,200 $179,600
2021 $9,550 $244,800 $65,200 $179,600
2020 $9,630 $244,800 $65,200 $179,600
2019 $9,960 $250,000 $125,000 $125,000
2018 $10,599 $300,000 $150,000 $150,000
2017 $10,263 $300,000 $150,000 $150,000
2016 $11,580 $300,000 $150,000 $150,000
2015 $10,266 $300,000 $150,000 $150,000
2014 $10,044 $300,000 $150,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Stamen Iliev

    Landlord's Agent in 2023

    Stamen Iliev

    Keyway Real Estate, LLC

    (609) 350-4533

    30 Total Sales

    Stamen Iliev
    Section Image
  • Diane Ciliberti

    Seller's Agent in 2020

    Diane Ciliberti

    BHHS Fox & Roach

    (215) 768-8763

    2 in this area

    15 Total Sales

    Diane Ciliberti
    Section Image
  • Richard Perrin

    Seller's Agent in 2017

    Richard Perrin

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 484-9890

    2 in this area

    86 Total Sales

    Richard Perrin
    Section Image

  • I

    Seller Co-Listing Agent in 2017

    IFRA YASIN

    eXp Realty - Montclair

    (866) 201-6210

    1 in this area

    32 Total Sales

    IFRA YASIN
    Section Image
  • Cheryl Huber

    Buyer's Agent in 2017

    Cheryl Huber

    BHHS Fox & Roach

    (609) 602-2322

    4 in this area

    316 Total Sales

    Cheryl Huber
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575770

South Jersey Shore Regional MLS

APN: 02-00203-0000-00008

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

48 S Laclede Place, Atlantic City, NJ

This home is located at 48 S Laclede Place, Atlantic City, NJ 08401 since 11 July 2023 and is currently priced at $691,371. This property was built in 1910. 48 S Laclede Place is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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