NOT LISTED FOR SALE

Estimated Value: $494,868

1 Bed
1 Bath
-- Sq Ft
1,220 Sq Ft Lot

About This Home

As of May 2022

One block from the beach! Enjoy the casino views at night & the sand in your toes during the day. Close to public transportation, and minutes from the famous Atlantic City Boardwalk and Steel Pier. Shopping outlets, pharmacy, banks, grocery and nightlife all within walking distance. All new cabinets, windows, appliances, tiling, and granite counter tops in the kitchen, Multi zoned heating, no carpets & fresh paint throughout the unit. Stand up shower & spacious bathroom. Great location for entertainment. Half a block to Hard Rock! ****650+ credit, no prior evictions and income of at least or close to 3x the rent

Last Agent to Rent the Property

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC License #1864018 Listed on: 02/18/2022

WEICHERT REALTORS ASBURY GROUP-AC

Last Renter's Agent

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC License #1864018 Listed on: 02/18/2022

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,247

Year Built

  • 1950

Lot Details

  • 1,220

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • Stove
  • Tile Flooring

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,247

Year Built

1950

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 950
  • Sleeps Number: 2

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 02/18/2022
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1950

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Flooring: Tile
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Outside Features: Curbs, Paved Road, Sidewalks
  • Siding Exterior: Stucco

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Boardwalk Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
5 Spenn Llc
Bought by
5 South Pennsylvania Ave Llc
Current Estimated Value
$494,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$184,490
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$297,159

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 5, 2014
Sold by
5 Penn Llc
Bought by
5 Spenn Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC

Purchase Details

Closed on
Dec 15, 2006
Sold by
Bui Dep
Bought by
5 Penn Llc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Bui Christina
Bought by
Homeland Money Express Services

Purchase Details

Closed on
Jan 5, 2005
Sold by
Bui Dep
Bought by
Bui Christina

Purchase Details

Closed on
Oct 12, 2003
Sold by
Bui Dep
Bought by
Betty Simon Trustee Llc

Purchase Details

Closed on
Oct 19, 1994
Sold by
New Jersey Housing & Mtg Finance Agency
Bought by
Mgic Real Estate Servicing Corp
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
5 South Pennsylvania Ave Llc $305,000 Surety Title
5 Spenn Llc $398,000 Professional Abstract
5 Penn Llc $190,000 --
Homeland Money Express Services -- --
Bui Christina -- --
Betty Simon Trustee Llc $92,000 --
Bui Dep $92,000 Liberty Title Agency
Mgic Real Estate Servicing Corp $53,366 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 South Pennsylvania Ave Llc $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Rented -- -- --
02/18/2022 02/18/22 For Rent $950 +18.8% --
04/01/2021 04/01/21 Rented -- -- --
02/16/2021 02/16/21 For Rent $800 +14.3% --
06/01/2020 06/01/20 Rented -- -- --
02/21/2020 02/21/20 For Rent $700 0.0% --
03/01/2019 03/01/19 Rented -- -- --
02/01/2019 02/01/19 Rented -- -- --
01/15/2019 01/15/19 For Rent $700 0.0% --
09/13/2018 09/13/18 For Rent $700 -- --
10/01/2016 10/01/16 Rented -- -- --
09/01/2016 09/01/16 Under Contract -- -- --
06/09/2016 06/09/16 For Rent -- -- --
05/31/2016 05/31/16 Rented -- -- --
05/01/2016 05/01/16 Under Contract -- -- --
02/16/2016 02/16/16 Rented -- -- --
01/17/2016 01/17/16 Under Contract -- -- --
12/20/2015 12/20/15 For Rent -- -- --
12/18/2014 12/18/14 For Rent -- -- --
10/01/2014 10/01/14 Rented -- -- --
09/01/2014 09/01/14 Under Contract -- -- --
08/18/2014 08/18/14 For Rent -- -- --
05/07/2014 05/07/14 Rented -- -- --
04/07/2014 04/07/14 Under Contract -- -- --
04/05/2014 04/05/14 For Rent -- -- --
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 $5,247 $152,000 $30,000 $122,000
2023 $5,741 $152,000 $30,000 $122,000
2022 $5,741 $152,000 $30,000 $122,000
2021 $5,930 $152,000 $30,000 $122,000
2020 $5,980 $152,000 $30,000 $122,000
2019 $11,470 $287,900 $104,000 $183,900
2018 $10,172 $287,900 $104,000 $183,900
2017 $9,849 $287,900 $104,000 $183,900
2016 $11,113 $287,900 $104,000 $183,900
2015 $9,852 $287,900 $104,000 $183,900
2014 $9,639 $287,900 $104,000 $183,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 559797

South Jersey Shore Regional MLS

APN: 02-00137-0000-00002