NOT LISTED FOR SALE

Estimated Value: $639,248 - $777,000

6 Beds
3 Baths
2,833 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $147,500 $52 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $4,375/month

264 Days on Market

About This Home

As of September 2015

Built in 1900, this classic Georgian plantation-style home is located in the Lower Chelsea, AC-. It still evokes the charm and grace from an era gone by. Undeniably the most desirable area of Atlantic City-a highly coveted neighborhood since the early 1900s. This home offers 6 large bedrooms and 3.5 baths & hardwood floors throughout. 'TLC' is required due to deferred maintenance; however, a true visionary paired with craftsmanship can passionately restore this gem into a masterpiece. Home is being sold AS-IS. Home offers custom crown moldings, transom windows, fireplace, office/den/study, formal dining room with built in china cabinetry and banquets for additionally seating and storage. Lovely garden area and planted fig trees. Detached garage with garage door opener. 2nd floor balcony with outside door entrances from two bedrooms. Large basement with workbench area, bathroom plumbing. Plenty of closets and storage area. Charming and beautiful third floor can be an artist's paradise.

Last Agent to Sell the Property

Craig Needles

HOMESTEAD REAL ESTATE CO. INC. Listed on: 11/25/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 3,877

Parking

  • Detached Garage

Home Design

  • 2,833 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 217

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • District Township: 17-Out Of County
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Total Bathrooms: 3.1
  • Full Bathrooms: 3
  • Bedrooms: 6
  • Total Rooms: 10
  • Basement: Full, Outside Entrance, Inside Entrance, Plumbing
  • Estimated Living Sq Ft: 2833

Exterior Features

  • Construction: Colonial
  • Exterior: Aluminum, Brick

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Heating: Gas Natural
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 8
  • Lot Size: 47.5X81.5
  • Total Assessment: 414600
  • Lot Size Range: 1 to 6000 SqFt

Tax Info

  • Taxes: > 13880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2014
Closed on
Oct 27, 2015
Sold by
Bongiovanni Anna Marie C
Bought by
Fernandez Juan and Fernandez Nhora
Seller's Agent
Craig Needles
HOMESTEAD REAL ESTATE CO. INC.
List Price
$259,000
Sold Price
$147,500
Premium/Discount to List
-$111,500
-43.05%
Current Estimated Value
$694,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,562
Avg. Annual Appreciation
16.64%
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
Fernandez Juan $147,500 Mutual Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $147,500 -43.1% $52 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $259,000 -- $91 / Sq Ft
Source: Cape May County Association of REALTORS®

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 $8,171 $236,700 $70,500 $166,200
2024 $8,171 $236,700 $70,500 $166,200
2023 $8,940 $236,700 $70,500 $166,200
2022 $8,940 $236,700 $70,500 $166,200
2021 $9,234 $236,700 $70,500 $166,200
2020 $9,312 $236,700 $70,500 $166,200
2019 $7,570 $190,000 $60,000 $130,000
2018 $6,713 $190,000 $60,000 $130,000
2017 $8,895 $260,000 $200,000 $60,000
2016 $10,036 $260,000 $200,000 $60,000
2015 $14,188 $414,600 $263,400 $151,200
2014 $13,881 $414,600 $263,400 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 161501

Cape May County Association of REALTORS®

APN: 02-00217-0000-00008