NOT LISTED FOR SALE

3501 Ventnor Ave Unit A3 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $120,000 - $140,000

2 Beds
1 Bath
641 Sq Ft
653 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $115,000 $179 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $837/month

45 Days on Market

Highlights

  • Ground Level Unit
  • Courtesy Bus
  • Dining Area
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • 3-minute walk to O'Donnell Memorial Park

About This Home

As of June 2023

Sunny, bright, two-bedroom, one-bath Hampton Court condo, minutes from the Stockton University campus and just a short walk to the beach. The building is located in the "university district." Features include central air, engineered wood flooring, a dining area, a washer and dryer, and an updated elevator. The low condo fee ($337 monthly) includes tankless hot water. In addition, there is a hook-up to install a gas stove. Coupled with meager taxes ($1,492 yearly), make this a rare and unique investment opportunity at a very reasonable price!

Last Listed By

MATTHEW VASSALLO

Compass Real Estate-Margate License #SP-8243493 Listed on: 03/13/2023

Compass Real Estate-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,364

Year Built

  • 1930

Lot Details

  • 653

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Blinds
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, maintenance, management, sewer, trash, water, hot water
  • Hampton Court Condos

Amenities

  • Courtesy Bus
  • Elevator

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,364

Year Built

1930

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds
  • Lvt Date: 03/13/2023
  • Age: 25+ Years
  • 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
  • Year Built: 1930

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Elevator

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas, Tankless-Gas

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water
  • Condo Name: Hampton Court
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Elevator

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Jun 1, 2023
Sold by
Janice Brenda Bass
Bought by
Kodroff Deborah
Seller's Agent
MATTHEW VASSALLO
Compass Real Estate-Margate
Buyer's Agent
Samantha Piper
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%
Total Days on Market
45
Views
264
Current Estimated Value
$129,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,566
Avg. Annual Appreciation
6.55%
Original Mortgage
$58,800
Outstanding Balance
$57,657
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$71,909

Purchase Details

Closed on
Dec 9, 2003
Sold by
Boodman Benjamin
Bought by
Bass Janice Brenda

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
Kodroff Deborah $115,000 Atlantic Shore Title
Bass Janice Brenda $46,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodroff Deborah $58,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $115,000 -4.2% $179 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $120,000 -- $187 / 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 $1,364 $39,500 $20,000 $19,500
2023 $1,492 $39,500 $20,000 $19,500
2022 $1,492 $39,500 $20,000 $19,500
2021 $1,541 $39,500 $20,000 $19,500
2020 $1,554 $39,500 $20,000 $19,500
2019 $1,183 $29,700 $14,850 $14,850
2018 $1,049 $29,700 $14,850 $14,850
2017 $1,539 $45,000 $22,500 $22,500
2016 $1,737 $45,000 $22,500 $22,500
2015 $1,667 $48,700 $24,350 $24,350
2014 $1,630 $48,700 $24,350 $24,350
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 571992

South Jersey Shore Regional MLS

APN: 02-00259-0000-00013-0000-C0103