NOT LISTED FOR SALE

Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $387,584 - $531,000

0.14 Acre
$3,372,471 Price per Acre
6,098 Sq Ft Lot

Last Sold March 21, 2014

Last sale price $135,000 $42 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $2,959/month

122 Days on Market

About This Lot

As of March 2014

"Tear down" currently improved with obsolete older home. The lot is 50 x 125 (6,250 square feet) zoned RS-C. List price is $40 p/s/f. Situated between Atlantic and Pacific Avenue by the Tropicana.

Last Agent to Sell the Property

Kevin Corocan

KEVIN CORCORAN REAL ESTATE Listed on: 09/06/2013

Last Buyer's Agent

Sal Valentino

VALENTINO REALTY License #EB-7934275

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,710

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Level Lot
  • Property is zoned Casino, Commercial

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,710

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 6,001 To 10,000 Sqft
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 50 x 125
  • Number Of Acres: 0.14
  • Improvements: Curb, Sidewalks
  • Number Of Lots: One
  • Topography: Level
  • Zoning: Casino, Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2013
Closed on
Mar 20, 2014
Sold by
Hertzler Kenneth W and Estate Of Mildred S Boody
Bought by
Trupos Spiro
Seller's Agent
Kevin Corocan
KEVIN CORCORAN REAL ESTATE
Buyer's Agent
Sal Valentino
VALENTINO REALTY
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$472,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,146
Avg. Annual Appreciation
11.35%
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
Trupos Spiro $135,000 The Title Co Of Jersey
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $135,000 0.0% $42 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
09/06/2013 09/06/13 For Sale $135,000 -- $42 / 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 $5,710 $165,400 $47,500 $117,900
2024 $5,710 $165,400 $47,500 $117,900
2023 $6,247 $165,400 $47,500 $117,900
2022 $6,247 $165,400 $47,500 $117,900
2021 $6,452 $165,400 $47,500 $117,900
2020 $6,507 $165,400 $47,500 $117,900
2019 $7,470 $187,500 $100,000 $87,500
2018 $6,624 $187,500 $100,000 $87,500
2017 $6,414 $187,500 $100,000 $87,500
2016 $7,238 $187,500 $100,000 $87,500
2015 $6,416 $187,500 $100,000 $87,500
2014 $14,420 $430,700 $226,600 $204,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Corocan

    KEVIN CORCORAN REAL ESTATE

    (609) 348-0077

    1 in this area

    29 Total Sales

    Kevin Corocan
    Section Image
  • Sal Valentino

    Buyer's Agent in 2014

    Sal Valentino

    VALENTINO REALTY

    (609) 432-9121

    2 in this area

    8 Total Sales

    Sal Valentino
    Section Image
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Source: South Jersey Shore Regional MLS

MLS Number: 417084

South Jersey Shore Regional MLS

APN: 02-00179-0000-00001

New Jersey Atlantic County Atlantic City 08401

Chelsea

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