NOT LISTED FOR SALE

Estimated Value: $101,000 - $265,000

2 Beds
1 Bath
616 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $22,500 $37 Per Sq Ft

Est. 725% increase in value since last sale

Current estimated payment $1,146/month

146 Days on Market

Highlights

  • No HOA
  • Living Room
  • En-Suite Primary Bedroom
  • Eat-In Kitchen
  • Bungalow
  • Wood Siding

About This Home

As of September 2015

WOW!! What a cutie awaits you here. Needs some updates, but what a steal at this price.The front porch greets you as you open the door and enter into the livingroom with wood flooring. Steps away are the eat in kitchen with laundry area. Two bedrooms also with wood flooring and the full,hall bath complete this little gem. Gas Heater located in the attic is ready to add that central air unit. Nice back yard with shed and gated driveway.Minutes from the famous Atlantic City Boardwalk and beaches. Come take a look and build your equity here. Sold strictly as is condition with any and all inspections,certifications and or repairs needed to close this sale the sole responsibility of the buyer including the certificate of occupancy. All contracts/offers are subject to OneWest senior management approval and any offers or counter offers by OneWest are not binding unless the entire agreement is ratified by all parties. Buyer pays a $75 doc fee at closing.

Last Agent to Sell the Property

Rose McConnell

Long & Foster Real Estate, Inc. License #8831960 Listed on: 04/15/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rose McConnell

Long & Foster Real Estate, Inc. License #8831960 Listed on: 04/15/2015

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 40x60
  • Property is in below average condition
  • Property is zoned R-2

Parking

  • Driveway

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 616 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Chelsea Heights Subdivision

Listing and Financial Details

  • Tax Lot 00026
  • Assessor Parcel Number 02-00779-00026

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Inclusions: As Is, As Shown
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: WOW!! What a cutie awaits you here. Needs some updates, but what a steal at this price.The front porch greets you as you open the door and enter into the livingroom with wood flooring. Steps away are the eat in kitchen with laundry area. Two bedrooms also with wood flooring and the full,hall bath complete this little gem. Gas Heater located in the attic is ready to add that central air unit. Nice back yard with shed and gated driveway.Minutes from the famous Atlantic City Boardwalk and beaches. Come take a look and build your equity here. Sold strictly as is condition with any and all inspections,certifications and or repairs needed to close this sale the sole responsibility of the buyer including the certificate of occupancy. All contracts/offers are subject to OneWest senior management approval and any offers or counter offers by OneWest are not binding unless the entire agreement is ratified by all parties. Buyer pays a $75 doc fee at closing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 4
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 616
  • Living Area Sq Ft: 616
  • Net Sq Ft: 616.00
  • Price Per Sq Ft: 56.66
  • Above Grade Finished Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 527

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906

Lot Info

  • Improvement Assessed Value: 30000.00
  • Land Assessed Value: 100000.00
  • Lot Size Acres: 0.06
  • Lot Dimensions: 40X60
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Property Condition: Below Average
  • Zoning: R-2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3309815
  • Tax Annual Amount: 4352.00
  • Assessor Parcel Number: 02-00779-00026
  • Tax Lot: 00026
  • Tax Year: 2014
  • Close Date: 09/30/2015

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Sep 23, 2015
Sold by
Owb Rieo Llc
Bought by
Starlight Firestar Llc
Seller's Agent
Rose McConnell
Long & Foster Real Estate, Inc.
Buyer's Agent
Rose McConnell
Long & Foster Real Estate, Inc.
List Price
$41,900
Sold Price
$22,500
Premium/Discount to List
-$19,400
-46.3%
Current Estimated Value
$185,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,034
Avg. Annual Appreciation
23.62%

Purchase Details

Closed on
Dec 30, 2014
Sold by
Parven Rehana and Parven Rehana
Bought by
Owb Reo Llc

Purchase Details

Closed on
Jul 13, 2007
Sold by
Rahman Muhammad
Bought by
Parven Rehana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2006
Sold by
Anderson Lyata
Bought by
Muhammad Rahman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
3817 Corp
Bought by
Anderson Iyata M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,555
Interest Rate
6.7%

Purchase Details

Closed on
Dec 6, 2000
Sold by
Ponzio Arthur W and Ponzio Dorothy C
Bought by
3817 Corp
Source: Public Records

Range of Values:

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Average Value
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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
Starlight Firestar Llc $22,500 Servicelink
Owb Reo Llc -- None Available
Parven Rehana $229,000 Surety Title Agency Of Atlan
Muhammad Rahman $190,000 --
Anderson Iyata M $86,900 --
3817 Corp $45,000 Citizens Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parven Rehana $183,200
Previous Owner Muhammad Rahman $171,000
Previous Owner Anderson Iyata $153,750
Previous Owner Anderson Iyata $120,000
Previous Owner Anderson Iyata M $82,555
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $22,500 -35.5% $37 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
09/04/2015 09/04/15 Price Changed $34,900 -10.5% $57 / Sq Ft
08/24/2015 08/24/15 Price Changed $39,000 -6.9% $63 / Sq Ft
08/23/2015 08/23/15 For Sale $41,900 +86.2% $68 / Sq Ft
08/16/2015 08/16/15 Off Market $22,500 -- --
08/08/2015 08/08/15 Price Changed $41,900 -10.9% $68 / Sq Ft
07/03/2015 07/03/15 Price Changed $47,000 -9.6% $76 / Sq Ft
05/21/2015 05/21/15 Price Changed $52,000 -10.2% $84 / Sq Ft
04/15/2015 04/15/15 For Sale $57,900 -- $94 / Sq Ft
Source: Bright 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 $1,712 $49,600 $39,600 $10,000
2024 $1,712 $49,600 $39,600 $10,000
2023 $1,873 $49,600 $39,600 $10,000
2022 $1,873 $49,600 $39,600 $10,000
2021 $1,935 $49,600 $39,600 $10,000
2020 $1,951 $49,600 $39,600 $10,000
2019 $1,992 $50,000 $32,500 $17,500
2018 $2,296 $65,000 $32,500 $32,500
2017 $2,224 $65,000 $32,500 $32,500
2016 $5,018 $130,000 $100,000 $30,000
2015 $4,449 $130,000 $100,000 $30,000
2014 $4,352 $130,000 $100,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002579376

Bright MLS

APN: 02-00779-0000-00026