31 S Chalfonte Ave, Atlantic City, NJ 08401

6 beds3.5 baths3,000 sqft Edit

Edit home facts for a more accurate Zestimate.
Sold: $48,800
Sold on 01/06/14
Zestimate®: $293,157
Est. Mortgage
/mo

Estimated Monthly Payment

$

Please enter a dollar amount between $0 and $200,000,000

()

Please enter a percent between 0% and 100%

30 Year Fixed:
/mo
15 Year Fixed:
/mo
5/1 ARM:
/mo
Estimated taxes & insurance of are not included.
See current rates On

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

Edit
Large 3 story brick building. Needs renovations, but at this low price you can't lose. 2013 fair market rent in AC would be around 1800 a month. Landlords and investor alert. This giant property is in the Tourism District, has plenty of living space on the first floor, and has 6 bedrooms on the second and third floors. Cash deal preferred 203 K loan is likely, but if you get turned down by the bank, owner may hold financing with enough down.

Facts

  • Lot: 1,376 sqft
  • Single Family
  • Built in 1900
  • Views: 1,900 all time views
  • Cooling: Other
  • Heating: Other
  • Last sold: Jan 2014 for $48,800
  • Last sale price/sqft: $16

Features

  • Flooring: Carpet, Laminate, Tile

      Construction

      • Exterior material: Brick
      • Roof type: Other
      • Stories: 3
      • Structure type: Other
      • Unit count: 1

      Other

      • Floor size: 3,000 sqft
      • Heating: Gas
      • Lot depth: 50 ft
      • Lot width: 27 ft
      • Parcel #: 0200140000000015
      • Zillow Home ID: 52665050

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $293,157
      +$1,624 Last 30 days
      $176K
      $384K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,700/mo
      -$1,993 Last 30 days
      $1K
      $3.2K
      Zestimate range

      Improve This Home's Value

      The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

      The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

      Mid-Range Minor Kitchen Remodel

      • Mid-Range Minor Kitchen Remodel

      • + 16.2K VALUE
      • Project cost: $19,957
      • See kitchen ideas

      Mid-Range Bathroom Remodel

      Mid-Range Major Kitchen Remodel

      • Mid-Range Major Kitchen Remodel

      • + 33.5K VALUE
      • Project cost: $58,536
      • See kitchen ideas

      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      1,900 all-time views
      of this home (chart)
      153 forecasted views of this home
      in the first 7 days after listing for sale
      (66 views if listed for rent)

      Comparable Homes

      Homes like this sold for $175-330K.

      $150K
      $360K

      Mortgages

      Neighborhood: 08401

      Zillow predicts 08401 home values will decrease 0.9% next year, compared to a 0.9% fall for Atlantic City as a whole. Among 08401 homes, this home is valued 115.1% more than the midpoint (median) home, but is valued 86.4% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 08401, the number of foreclosures waiting to be sold is exactly the same as for Atlantic City, and 35.2% lower than the national average.
        read more Less 

      Nearby

        For Sale

        See all nearby listings

        Rentals

        See all nearby rentals

        Nearby Schools in Atlantic City

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org