NOT LISTED FOR SALE

924 Arctic Ave Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $249,000 - $373,783

-- Bed
-- Bath
2,880 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 01, 2019

Last sale price $115,500 $40 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,009/month

79 Days on Market

About This Home

As of January 2019

Incredible investment opportunity! This property offers a living space of approx. 2,880 square feet, 8 bedrooms, 4 baths, open porch and located close to shops, restaurants, groceries and more. You don't want to miss out! ***Property Condition Disclosure: discoloration in the living room and a section of bedroom ceiling is ripped down***

Last Agent to Sell the Property

MARIA MAZZUCKIS

REALHome Services and Solutions, Inc. License #0683609 Listed on: 09/25/2018

Last Buyer's Agent

Michael Mackenzie

BHHS FOX and ROACH-Northfield

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 57 x 40

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,780

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 09/25/2018
  • Year Built: 1951
  • Allow Comsumer Comment: Yes
  • Special Features: 84
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Siding Exterior: Brick

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 57 X 40

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 4
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 24, 2018
Sold by
Wells Fargo Bank Na
Bought by
Rehani Rental Llc
Seller's Agent
MARIA MAZZUCKIS
REALHome Services and Solutions, Inc.
Buyer's Agent
Michael Mackenzie
BHHS FOX and ROACH-Northfield
List Price
$95,400
Sold Price
$115,500
Premium/Discount to List
$20,100
21.07%
Current Estimated Value
$311,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,946
Avg. Annual Appreciation
16.09%

Purchase Details

Closed on
May 4, 2018
Sold by
Hussain Mohammed S and Hussain Mohammed
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Oct 24, 2001
Sold by
First Boston Corp
Bought by
Hussain Mohammed S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.77%
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
Rehani Rental Llc $110,000 Premium Title Services Inc
Wells Fargo Bank N A $1,000 None Available
Hussain Mohammed S $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hussain Mohammed S $190,000
Previous Owner Hussain Mohammed S $156,750
Previous Owner First Boston Corp $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2019 01/01/19 Sold $115,500 +21.1% $40 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
12/08/2018 12/08/18 For Sale $95,400 0.0% $33 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $95,400 0.0% $33 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $95,400 -- $33 / 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 $3,780 $109,500 $34,100 $75,400
2024 $3,780 $109,500 $34,100 $75,400
2023 $4,136 $109,500 $34,100 $75,400
2022 $4,136 $109,500 $34,100 $75,400
2021 $4,272 $109,500 $34,100 $75,400
2020 $4,308 $109,500 $34,100 $75,400
2019 $5,378 $135,000 $35,000 $100,000
2018 $4,770 $135,000 $35,000 $100,000
2017 $4,618 $135,000 $35,000 $100,000
2016 $6,176 $160,000 $95,000 $65,000
2015 $6,673 $195,000 $95,000 $100,000
2014 $6,529 $195,000 $95,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    MARIA MAZZUCKIS

    REALHome Services and Solutions, Inc.

  • M

    Buyer's Agent in 2019

    Michael Mackenzie

    BHHS Fox & Roach

    (609) 576-6711

    38 Total Sales

    Michael Mackenzie
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 511722

South Jersey Shore Regional MLS

APN: 02-00301-0000-00002

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

924 Arctic Ave, Atlantic City, NJ

This home is located at 924 Arctic Ave, Atlantic City, NJ 08401 since 25 September 2018 and is currently estimated at $311,446, approximately $108 per square foot. This property was built in 1951. 924 Arctic Ave is a home located in Atlantic County with nearby schools including Pennsylvania Avenue School, Atlantic City High School, and St. James Elementary School.

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