See Home Value
$131,608*
House - Off Market

125 Folsom Ave

Atlantic City, NJ 08401
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1080 Sqft
$80,000 - $90,000
Reference Base Price*
51.27%
Since Sep 1, 2018
National-US
Primary Model
Sold Nov 27, 2018
$87,000
$49,547 by Draper & Kramer Mortgage Corp
Mortgage Due Nov 01, 2048

About This Property

First Time Home Buyers! Close to beach, park & new boardwalk. Close to two proposed casinos. Walk to work. Newly painted, new carpeting. Taxes under appeal. Available to income qualified First Time Home Buyers. Minimum $ 25,000. income required. HUD home-ownership counseling required. apply online at www.atlanticcityha.org

The manager has listed the unit size as 1080 square feet.
Unit Size
1,080Ft²
Days on Market
-
Land Size
-
Price per sqft
$81
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Nov 27, 2018 Sold to Juan Guzman $87,000
Sold to Juan Guzman
Aug 23, 2018 No longer available -
No longer available
Jun 18, 2018 Listed $87,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,564
  • Lot Size Depth Feet: 625
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.036
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: RESIDENCE

Ownership

  • Current Owner : GUZMAN JUAN
  • Previous Owner : HOUSING AUTHORITY & URBAN REDEVELOPMENT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 002500

Zoning

  • Zoning: NEIR

Geography

  • Assessors Map Reference: TAX MAP 22
  • District: 02
  • Parcel: 02 00121- 01-00010
  • Block: 121.01
  • Lot: 10
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3705
  • Longitude: -74.415

    Address

  • Full Address: 125 Folsom Ave
  • Address - House Number: 125
  • Address - Street Name: Folsom
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C006
  • 4-Digit Zip Code: 5571
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,972

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 134,575
  • High Value: 169,749
  • Low Value: 99,401

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $84,347
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 27, 2018
  • First Open Lien Mortgage Loan Amount: $49,547
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048
  • Second Open Lien Mortgage Lender: JUAN GUZMAN
  • Second Open Lien Mortgage Recording Date: Nov 27, 2018
  • Second Open Lien Mortgage Loan Amount: $34,800
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Oct 04, 2028
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $52,200
  • Market Land Value: $34,000
  • Market Improvement Value: $18,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,200
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $18,200

    Sales

  • Current Sale Contract Date: Oct 05, 2018
  • Current Sale Recording Date: Nov 27, 2018
  • Current Sale Transaction ID: 11542773015
  • Current Sale Price: $87,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2018060033

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 27, 2018
  • First Mortgage Loan Amount: $49,547
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,588 ft²
$41/ft²
$65,000 May 19, 2015
$65,000 Dec 23, 2015
-
Townhouse
3 Beds
3 Baths
1,588 ft²
$47/ft²
$75,000 Feb 14, 2017
$75,000 Apr 21, 2017
$250/mo
Townhouse
3 Beds
3 Baths
1,588 ft²
$41/ft²
$65,000 May 19, 2015
$65,000 Dec 23, 2015
-
Townhouse
3 Beds
2 Baths
-
$126,000 Sep 22, 2021
$126,000 Nov 29, 2021
-
House
1 Bed
1 Bath
478 ft²
$126/ft²
$60,000 Jul 9, 2014
$60,000 Sep 4, 2015
$609/mo
Condo
1 Bed
1 Bath
850 ft²
$82/ft²
$69,900 May 22, 2021
$69,900 Jul 6, 2021
-
Land
Loft
-
-
$75,000 Apr 20, 2024
-
$83/mo
Land
Loft
-
-
$75,000 Apr 20, 2024
-
$117/mo
Land
Loft
-
-
$75,000 Apr 20, 2024
-
$49/mo
Land
Loft
-
-
$75,000 Jan 22, 2024
-
$28/mo
Land
Loft
-
-
$75,000 Jan 22, 2024
-
$30/mo
Land
Loft
-
-
$75,000 Apr 20, 2024
-
$52/mo

About Uptown Atlantic City


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Nearby Rentals



Frequently Asked Questions

When was property at 125 Folsom Avenue built and last sold?
The property at 125 Folsom Avenue was built in 1900 and last sold on Oct 5, 2018 for $87,000.
How much is this home worth?
The estimated value of the home located at 125 Folsom Avenue is $94,671.
What are some comparable homes to 125 Folsom Avenue?
There are currently no comparable homes to 125 Folsom Avenue.

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