NOT LISTED FOR SALE

Estimated Value: $342,176 - $583,000

-- Bed
-- Bath
1,368 Sq Ft
$316/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $250,000 $183 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,522/month

25 Days on Market

Highlights

  • Beach Access
  • Bay View
  • Corner Lot
  • In Ground Pool
  • Deck
  • Porch

About This Home

As of March 2021

Fantastic SUMMER or PRIMARY 3 bedroom home with a two bedroom income producing property (past got $950/mo) in the lovely quiet Lower Chelsea neighborhood. The corner large lot (includes a large garage with two car off street parking) is only three blocks to the beach. Enjoy the bay breezes from the large front porch. Low price based on the need for updating for upper level house (expose the hard wood floors under the carpet, needs new kitchen & appliances).

Last Agent to Sell the Property

Eileen Barker

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #9482540 Listed on: 01/23/2021

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Mark Hebert

RE/MAX PREFERRED - Sewell License #0234790

RE/MAX PREFERRED - Sewell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1935

Lot Details

  • Lot Dimensions are 33 x 75
  • Fenced
  • Corner Lot

Parking

  • 1.5 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Bay Views
  • Storm Screens

Finished Basement

  • Heated Basement
  • Exterior Basement Entry

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 01/23/2021
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Heated, Outside Entrance

Exterior Features

  • Outside Features: Bay View, Beach Access, Boardwalk Access, In Ground Pool, Deck, Fenced Yard, Needs Work, Outside Shower, Patio, Porch, Sidewalks
  • Siding Exterior: Brick
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Corner, Boardwalk Area
  • Lot Dimensions: 33 x 75

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Heat, Hot Water, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 19, 2021
Sold by
Truong Hung V and Truong Leo Linda
Bought by
Douglas Timothy and Douglas Brian A
Seller's Agent
Eileen Barker
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Mark Hebert
RE/MAX PREFERRED - Sewell
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$393,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,657
Avg. Annual Appreciation
12.23%
Original Mortgage
$176,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2014
Closed on
Jul 18, 2014
Sold by
Bongiovanni Maria
Bought by
Leo Linda and Truong Hung
Seller's Agent
Eileen Barker
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Eileen Barker
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Douglas Timothy $235,000 Fidelity National Title
Leo Linda $180,000 The Title Co Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Timothy $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $250,000 -3.5% $183 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $259,000 +3.6% $189 / Sq Ft
02/05/2021 02/05/21 Off Market $250,000 -- --
01/23/2021 01/23/21 For Sale $259,000 +43.9% $189 / Sq Ft
07/18/2014 07/18/14 Sold $180,000 0.0% $132 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $180,000 -- $132 / 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
2024 $4,519 $130,900 $59,800 $71,100
2023 $4,944 $130,900 $59,800 $71,100
2022 $4,944 $130,900 $59,800 $71,100
2021 $5,106 $130,900 $59,800 $71,100
2020 $5,150 $130,900 $59,800 $71,100
2019 $5,976 $150,000 $75,000 $75,000
2018 $6,889 $195,000 $100,000 $95,000
2017 $6,671 $195,000 $100,000 $95,000
2016 $7,527 $195,000 $100,000 $95,000
2015 $6,673 $195,000 $100,000 $95,000
2014 $9,207 $275,000 $100,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 546473

South Jersey Shore Regional MLS

APN: 02-00223-0000-00002