NOT LISTED FOR SALE

8 N Providence Ave Unit A1 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $79,279 - $141,000

2 Beds
1.5 Baths
708 Sq Ft
697 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $35,000 $49 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $683/month

4 Days on Market

Highlights

  • Ground Level Unit
  • Baseboard Heating
  • 4-minute walk to O'Donnell Memorial Park

About This Home

As of June 2021

Sunny first floor corner unit featuring 2 bedrooms, 1.5 baths. JUST TWO & HALF BLOCKS TO THE BEACH AND BOARDWALK and the new Atlantic City Stockton Campus! Public Transportation right on corner. Low condo fee!! THE PERFECT INVESTMENT PROPERTY! Sale is subject to bank approval.

Last Listed By

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 02/12/2021

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $967

Year Built

  • Built in 1900

Lot Details

  • 697

Parking

  • Off-Site Parking

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • 3-Story Property
  • Ground Level Unit
  • Baseboard Heating

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water
  • Landmark Providence Condos

Recreation

  • Community Boardwalk

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$967

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 02/12/2021
  • Year Built: 1900
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water
  • Condo Name: Landmark Providence
  • Management: Association

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jun 24, 2021
Sold by
Chirenje Tait
Bought by
Gavin Gerry
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$35,000
Sold Price
$35,000
Total Days on Market
4
Current Estimated Value
$113,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,320
Avg. Annual Appreciation
35.36%

Purchase Details

Closed on
Oct 11, 2007
Sold by
Patel Akshaykumar A and Patel Tarunaben B
Bought by
Tait Chirenje

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2003
Sold by
Delmendo Frederico
Bought by
Patel Akshaykumar and Patel Tarunaben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

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
Gavin Gerry $35,000 None Available
Tait Chirenje $95,000 Congress Title
Patel Akshaykumar $43,000 --
Patel Akshaykumar A $43,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tait Chirenje $85,500
Previous Owner Patel Akshaykumar A $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $35,000 0.0% $49 / Sq Ft
02/12/2021 02/12/21 For Sale $35,000 -- $49 / 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 $967 $28,000 $10,000 $18,000
2023 $1,058 $28,000 $10,000 $18,000
2022 $1,058 $28,000 $10,000 $18,000
2021 $1,092 $28,000 $10,000 $18,000
2020 $1,102 $28,000 $10,000 $18,000
2019 $4,506 $113,100 $50,000 $63,100
2018 $3,996 $113,100 $50,000 $63,100
2017 $3,869 $113,100 $50,000 $63,100
2016 $4,366 $113,100 $50,000 $63,100
2015 $3,870 $113,100 $50,000 $63,100
2014 $3,787 $113,100 $50,000 $63,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 547192

South Jersey Shore Regional MLS

APN: 02-00259-0000-00009-0000-C0101