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2015 Magellan Avenue

2015 Magellan Avenue, Atlantic City, NJ 08401
Property in Monroe Park
Sold Sep 08, 2009
$189,900
Sold Apr 03, 2009
$189,900
2015 Magellan Avenue has been categorized by the local assessors in Atlantic City, NJ as a residential type of property. The building on the property was first built in 2009 and is 15 years old. In addition, 2015 Magellan Avenue has 1,591 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 225 ft. The area measurement of the land has been determined as 2,252 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 2015 Magellan Avenue was last sold in Jun 12, 2009 for $189,900. According to our calculations, that's $119.36 per sqft. Prior to that sales transaction, the property was sold for $189,900 in Mar 6, 2009. Current property owners are expected to pay $2,859 in taxes per year. The property on 2015 Magellan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,700. To break that down further, the land itself was valued at $23,800. While improvements to the property were assessed at a total of $51,900. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2009
  • Effective Year Built: 2009
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,252
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 225
  • Total Building Area: 1,591
  • Building Area: 1,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,591
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FACILITY NAME: 10YR 40% DEED RESTRI

Ownership

  • Current Owner : BUNCH ALICIA
  • Previous Owner : HOUSING AUTHORITY & URBAN REDEVELOPMENT
  • Owner Before Previous Owner: TEPEDINO REGINA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 001200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 102
  • Account Number: 371 1
  • District: 02
  • Parcel: 02 00645-0000-00003- 03
  • Block: 645
  • Lot: 3.03
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3671
  • Longitude: -74.4416

    Address

  • Full Address: 2015 Magellan Ave
  • Address - House Number: 2015
  • Address - Street Name: Magellan
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C041
  • 4-Digit Zip Code: 3026
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,859

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 186,140
  • High Value: 234,792
  • Low Value: 137,488

    Market Valuation

  • Market Total Value: $75,700
  • Market Land Value: $23,800
  • Market Improvement Value: $51,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,700
  • Assessed Land Value: $23,800
  • Assessed Improvements Value: $51,900

    Sales

  • Current Sale Contract Date: Jun 12, 2009
  • Current Sale Recording Date: Sep 08, 2009
  • Current Sale Transaction ID: 11470309134
  • Current Sale Price: $189,900
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2009063565
  • Previous Sale Recording Date: Apr 03, 2009
  • Previous Sale Contract Date: Mar 06, 2009
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE SERVIC
  • First Mortgage Transaction Date: Sep 08, 2009
  • First Mortgage Loan Amount: $74,061
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2039

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Frequently Asked Questions

What neighborhood is 2015 Magellan Avenue located in?
The 2015 Magellan Avenue is a located in the neighborhood of Monroe Park in Monroe Park, Atlantic City.
What is the average sales price for listings in 2015 Magellan Avenue?
The average sales price for units in 2015 Magellan Avenue is $0 currently.

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