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12 North Plaza Place

12 North Plaza Place, Atlantic City, NJ 08401
Sold Feb 08, 2018
$450,000
$185,000 by Bank Of America Na
Mortgage Due Feb 01, 2048
Sold Oct 13, 2005
$695,000
$515,000 by Americas Wholesale Lender
Mortgage
Local assessors in Atlantic City, NJ have categorized 12 North Plaza Place as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 3,598 square feet. The linear feet between the front and back of the lot was measured at 720 ft and the front of the lot was measured at 500 ft. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 North Plaza Place has a total of 2,154 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with other control joints. Lots of stucco were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 North Plaza Place was last sold in Jan 29, 2018 for $450,000. According to our calculations, that's $208.91 per sqft. Prior to that sales transaction, the property was sold for $695,000 in Oct 5, 2005. Current property owners are expected to pay $12,966 in taxes per year. The property on 12 North Plaza Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $343,300. To break that down further, the land itself was valued at $68,800. While improvements to the property were assessed at a total of $274,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 0
  • Construction Type: Other
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,598
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,154
  • Building Area: 2,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ATLANTIC CITY
  • Land Acres: 0.083
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOHNSON ELIZABETH A
  • Current Owner 2: GILBERT LLOYD M
  • Previous Owner : CLESEN ROGER LANCE
  • Previous Owner 2: CLESEN LINDA BETH
  • Owner Before Previous Owner: BROWN CHRISTOPHER
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 000200

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 02
  • Parcel: 02 00216-0000-00004
  • Block: 216
  • Lot: 4
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3473
  • Longitude: -74.4659

    Address

  • Full Address: 12 N Plaza Pl
  • Address - House Number: 12
  • Street Direction: N
  • Address - Street Name: Plaza
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C070
  • 4-Digit Zip Code: 3332
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,966

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 703,836
  • High Value: 899,212
  • Low Value: 508,460

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 08, 2018
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $343,300
  • Market Land Value: $68,800
  • Market Improvement Value: $274,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,300
  • Assessed Land Value: $68,800
  • Assessed Improvements Value: $274,500

    Sales

  • Current Sale Contract Date: Jan 29, 2018
  • Current Sale Recording Date: Feb 08, 2018
  • Current Sale Transaction ID: 11405218182
  • Current Sale Price: $450,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018007081
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Contract Date: Oct 05, 2005
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 08, 2018
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Oct 13, 2005
  • Previous Mortgage Loan Amount: $515,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 12 North Plaza Place located in?
The 12 North Plaza Place is a house located in the neighborhood of Lower Chelsea in Lower Chelsea, Atlantic City.
What is the average sales price for listings in 12 North Plaza Place?
The average sales price for units in 12 North Plaza Place is $0 currently.

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