NOT LISTED FOR SALE

55 S Elberon Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $516,000 - $583,805

-- Bed
-- Bath
1,918 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $210,000 $109 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $3,583/month

321 Days on Market

Highlights

  • Deck
  • Porch
  • Patio
  • Recreation Room
  • Eat-In Kitchen
  • 5-minute walk to O'Donnell Memorial Park

About This Home

As of December 2016

Just steps to beach, boardwalk, casinos , Stockton Atlantic City campus, restaurants, cafes, stores, laundromat, bus and jitney. Huge upper cottage with plenty of space. 2 car driveway. Large front porch with a back porch stepping down to a partially fenced in patio area. For an additional price 2 bedrooms and a full bath on the top floor can be added to the rental making a total of 6 bed and 4.5 baths. Must see!!

Last Agent to Sell the Property

Deborah Chiem

COLDWELL BANKER ARGUS REAL ESTATE-Northfield Listed on: 11/17/2015

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Last Buyer's Agent

Deborah Chiem

COLDWELL BANKER ARGUS REAL ESTATE-Northfield Listed on: 11/17/2015

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,436

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 37x75
  • Fenced

Home Design

  • Duplex

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Recreation Room
  • Storage In Attic
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • Parking Pad

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,436

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Year Built: 1926
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Refrigerator, Washer
  • Basement: 6 Ft. Or More Head Room, Full, Finished, Heated, Inside Entrance, Outside Entrance, Plumbing
  • Other Rooms: Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Patio, Porch
  • Storm Screens: Screens, Storms

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 37x75

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Thomas Mikayla
Bought by
Thomas Mikala and Thomas T
Current Estimated Value
$543,951

Purchase Details

Listed on
Nov 17, 2015
Closed on
Dec 7, 2016
Sold by
Gorny Maria
Bought by
Thomas Mikala
Seller's Agent
Deborah Chiem
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Deborah Chiem
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$147,000
Interest Rate
4.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Thomas Mikala -- None Listed On Document
Thomas Mikala $210,000 Agents Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennytwink Llc $427,000
Previous Owner Thomas Mikala $185,000
Previous Owner Thomas Mikala $147,000
Previous Owner Gorny Edmund $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2024 12/07/24 Off Market $2,600 -- --
11/04/2024 11/04/24 Price Changed $2,600 -7.1% $1 / Sq Ft
10/26/2024 10/26/24 Price Changed $2,800 -6.7% $1 / Sq Ft
10/21/2024 10/21/24 For Rent $3,000 0.0% --
12/07/2016 12/07/16 Sold $210,000 0.0% $109 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $210,000 -- $109 / 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 $7,436 $268,600 $62,200 $206,400
2024 $7,436 $215,400 $62,200 $153,200
2023 $8,136 $215,400 $62,200 $153,200
2022 $8,136 $215,400 $62,200 $153,200
2021 $8,403 $215,400 $62,200 $153,200
2020 $8,474 $215,400 $62,200 $153,200
2019 $8,167 $205,000 $102,500 $102,500
2018 $7,243 $205,000 $102,500 $102,500
2017 $7,013 $205,000 $102,500 $102,500
2016 $7,663 $205,000 $102,500 $102,500
2015 $7,963 $240,000 $110,000 $130,000
2014 $7,785 $240,000 $110,000 $130,000
Source: Public Records

Agents Affiliated with this Home

  • Deborah Chiem

    Seller's Agent in 2016

    Deborah Chiem

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    (609) 442-7559

    7 Total Sales

    Deborah Chiem
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 458655

South Jersey Shore Regional MLS

APN: 02-00194-0000-00017

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

55 S Elberon Ave, Atlantic City, NJ

This home is located at 55 S Elberon Ave, Atlantic City, NJ 08401 since 17 November 2015 and is currently estimated at $543,951, approximately $283 per square foot. This property was built in 1926. 55 S Elberon Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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