NOT LISTED FOR SALE

The Bella Condominiums 526 Pacific Ave Unit 2502 Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $329,000 - $774,000

2 Beds
2 Baths
1,457 Sq Ft
1,437 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $425,000 $292 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,313/month

302 Days on Market

Highlights

  • Water Views
  • Deck
  • Elevator
  • Clubhouse
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of October 2020

The most prestigious residence located in a quiet, neighborhood right next to the beautiful Ocean Resort one block to the beach and boardwalk,and a short walk to Hard Rock and Resorts Casino. This 25th floor luxury Penthouse overlooks the Atlantic Ocean, AC Inlet, and Marina District. Soak in the sun on the oversized balcony or just take in the million dollar views. The outdoor area offers a perfect setting to entertain your family. All the top entertainment is nearby, and you never have to worry about driving. Public transportation is affordable and stops at the building.This unit was crafted for discerning people who value a highly exclusive luxurious location, rich cultural environment, along with peace & quite. Bella caters to a life of luxury & features on-site management, maintenance & full service real estate office, 24 hour. JUST REDUCED $100,000! OWNER SAYS SELL BEFORE THE SUMMER. NOW IS YOUR OPPORTUNITY TO BUY AND ENJOY FOR THE SUMMER. security/concierge, mail drop, dry cleaning drop off/pick up service, free WiFi, key fab access to bldg & parking, massage room, world class fitness center with aerobics room, large sun deck, new jacuzzi, wet bar, Cabanas, a Glass enclosed, heated, salt water, in-ground pool open year round with retractable roof on the 2nd floor! Other unit features include 18" travertine floors, walk in closets, and fine imported Italian Kitchen by Della Casa. Come & enjoy the best that A.C. has to offer

Last Agent to Sell the Property

Nathan Chait

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 10/01/2019

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Anthony D'Alicandro

Compass New Jersey-Ocean City (O463E)

Compass New Jersey-Ocean City (O463E)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,808

Lot Details

  • 1,437

Home Design

  • Concrete Siding

Interior Spaces

  • Partially Furnished
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Additional Features

  • Deck
  • Forced Air Zoned Heating and Cooling System

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, sewer, trash, water, pool
  • Bella Condos
  • 11-Story Property

Amenities

  • Community Deck or Porch
  • Courtesy Bus
  • Clubhouse
  • Elevator

Recreation

  • Community Boardwalk

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,808

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Drapes, Partially Furnished
  • Lvt Date: 10/04/2019
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Common Area Features: Bus Service, Clubhouse/Clubroom, Deck/Porch, Elevator, Enclsd/Covered Porch, Pool, Security

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Sewer, Trash, Water, Pool
  • Condo Name: Bella
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Boardwalk Area, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Master Bath, Pets Allowed, Walk In/Cedar Closet, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 20, 2020
Sold by
Labroo Virender and Labroo Vidya
Bought by
Callazzo Marion
Seller's Agent
Nathan Chait
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Anthony D'Alicandro
Compass New Jersey-Ocean City (O463E)
List Price
$599,000
Sold Price
$425,000
Premium/Discount to List
-$174,000
-29.05%
Total Days on Market
302
Current Estimated Value
$584,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,842
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Bella Development Group Llc
Bought by
Labroo Virender and Labroo Vidya

Purchase Details

Closed on
Jul 5, 2016
Sold by
Bella Development Group Llc
Bought by
Labroo Vidya and Labroo Virender

Purchase Details

Closed on
Oct 18, 2004
Sold by
Boardwalk Regency Corp
Bought by
Bella Development Group Llc
Source: Public Records

Range of Values:

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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
Callazzo Marion $425,000 Land Title Services
Labroo Virender $400,000 --
Labroo Vidya $400,000 --
Bella Development Group Llc $105,316 --
Bella Development Group Llc $105,316 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bella Development Group Llc $2,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $425,000 -14.8% $292 / Sq Ft
02/25/2020 02/25/20 Price Changed $499,000 -16.7% $342 / Sq Ft
02/24/2020 02/24/20 Price Changed $599,000 +20.0% $411 / Sq Ft
02/04/2020 02/04/20 Price Changed $499,000 -16.7% $342 / Sq Ft
10/01/2019 10/01/19 For Sale $599,000 -- $411 / 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 $13,808 $400,000 $140,000 $260,000
2024 $13,808 $400,000 $140,000 $260,000
2023 $15,108 $400,000 $140,000 $260,000
2022 $15,108 $400,000 $140,000 $260,000
2021 $15,604 $400,000 $140,000 $260,000
2020 $15,736 $400,000 $140,000 $260,000
2019 $11,952 $300,000 $150,000 $150,000
2018 $14,146 $400,400 $200,200 $200,200
2017 $13,698 $400,400 $200,200 $200,200
2016 $15,455 $400,400 $200,200 $200,200
Source: Public Records

Agents Affiliated with this Home

  • Nathan Chait

    Seller's Agent in 2020

    Nathan Chait

    Weichert Corporate

    (609) 742-5896

    18 in this area

    26 Total Sales

    Nathan Chait
    Section Image
  • Anthony D'Alicandro

    Buyer's Agent in 2020

    Anthony D'Alicandro

    Compass New Jersey-Ocean City (O463E)

    (609) 680-4070

    6 in this area

    51 Total Sales

    Anthony D'Alicandro
    Section Image
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About The Bella Condominiums

Map

Source: South Jersey Shore Regional MLS

MLS Number: 528913

South Jersey Shore Regional MLS

APN: 02-00063-0000-00001-0000-C2502

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

526 Pacific Ave Unit 2502, Atlantic City, NJ

This home is located at 526 Pacific Ave Unit 2502, Atlantic City, NJ 08401 since 01 October 2019 and is currently estimated at $584,842, approximately $401 per square foot. 526 Pacific Ave Unit 2502 is a home located in Atlantic County with nearby schools including Pennsylvania Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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