NOT LISTED FOR SALE

8 N Providence Ave Unit C1 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $108,521 - $152,000

2 Beds
1 Bath
708 Sq Ft
697 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $95,000 $134 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $790/month

12 Days on Market

About This Home

As of October 2022

Affordable two bedroom condo two blocks from Stockton University Housing. three to Stockton Campus, Beach and Boardwalk. Wide tree lined street in good neighborhood. Minimum monthly rental, or live there full or part time. Only 12 units in this building. Low HOA fees of $330.23. Pets allowed for Owner's. The management does not carry flood insurance since the building is elevated and has not flooded in the past. There is a special assessment pending of possibly $5,000.00 for stucco work. The final phase has not been contracted for or assessed, but is in the plans and will be coming up within the next year or two. Current monthly condo fee plus two months HOA fees goes to capital contribution reserves.

Last Listed By

Nathan Chait

WEICHERT REALTORS ASBURY GROUP-AC License #SP-7942556 Listed on: 09/16/2022

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $967

Year Built

  • 1930

Lot Details

  • 697

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 3-Story Property
  • Heating Available

Community Details

Overview

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

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$967

Year Built

1930

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 09/16/2022
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

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

Rental Info

  • Pets: Yes W/Restrictions

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 14, 2022
Sold by
10 S Mississippi Ave Llc
Bought by
Nguyen Thu T and Nguyen Diana M
Seller's Agent
Nathan Chait
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Luisa Wong
BLOOM REALTY CO
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Total Days on Market
12
Views
7
Current Estimated Value
$127,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,880
Avg. Annual Appreciation
13.02%

Purchase Details

Closed on
May 18, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 17, 2005
Sold by
King Tong Ae
Bought by
Chen Zhu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 29, 2003
Sold by
Friia Susan
Bought by
King Tong Ae

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
Nguyen Thu T $95,000 Surety Title
Federal Home Loan Mortgage Corporation -- None Available
Chen Zhu Ying $142,000 The Title Company Of Jersey
King Tong Ae $53,000 --
King Tong Ae $53,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Zhu Ying $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $95,000 -4.9% $134 / Sq Ft
09/16/2022 09/16/22 For Sale $99,900 -- $141 / 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 $1,713 $43,000 $21,500 $21,500
2018 $1,519 $43,000 $21,500 $21,500
2017 $2,053 $60,000 $30,000 $30,000
2016 $0 $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: 567180

South Jersey Shore Regional MLS

APN: 02-00259-0000-00009-0000-C0301