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4707 Theresa Place

4707 Theresa Place, Atlantic City, NJ 08401
Multifamily in Lower Chelsea
4707 Theresa Place 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 1925 and is 99 years old. The building has a total of 3 stories. In addition, 4707 Theresa Place has 1,320 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 813 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,463 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4707 Theresa Place sold most recently in Jan 29, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $136.36 per sqft. Before that, the property was also sold for $310,000 in Jan 26, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,202 in taxes each year. 4707 Theresa Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $164,200. If we break it down further, the land itself was valued at $51,700. Improvements to the property, however, were assessed at a total of $112,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200818
08/18/2020
Studio
-
-
$199,900
bedrooms
Studio
bathrooms
-
$180,000 -9.95%
03/03/2021
-
JOE HAYOUN

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 0
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,463
  • Lot Size Depth Feet: 813
  • Lot Size Frontage Feet: 180
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.033
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REDWOOD PROPERTIES III LLC
  • Previous Owner : KENNY JOHN
  • Owner Before Previous Owner: WEINTRAUB MATTHEW
  • 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 37
  • District: 02
  • Parcel: 02 00213-0000-00015
  • Block: 213
  • Lot: 15
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3456
  • Longitude: -74.4656

    Address

  • Full Address: 4707 Theresa Pl
  • Address - House Number: 4707
  • Address - Street Name: Theresa
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C070
  • 4-Digit Zip Code: 5622
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,202

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 03, 2051

    Market Valuation

  • Market Total Value: $164,200
  • Market Land Value: $51,700
  • Market Improvement Value: $112,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,200
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $112,500

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11825938215
  • Current Sale Price: $180,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021012579
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Contract Date: Jan 26, 2007
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FULTON BANK NA
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: JP MORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Feb 02, 2007
  • Previous Mortgage Loan Amount: $248,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lower Chelsea



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Nearby Rentals

Unit for rent at

$850 /mo

  • Studio
  • 1 Bath
Listing by EMILY MARCHESE
Unit for rent at

$1,000 /mo

  • Studio
  • 1 Bath
Listing by DEBRA LAFFERTY
Unit for rent at

$875 /mo

  • Studio
  • 1 Bath
Listing by PAULA HARTMAN

Frequently Asked Questions

What neighborhood is 4707 Theresa Place located in?
The 4707 Theresa Place is a multifamily located in the neighborhood of Lower Chelsea in Lower Chelsea, Atlantic City.
What is the average sales price for listings in 4707 Theresa Place?
The average sales price for units in 4707 Theresa Place is $199,900 currently.

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