NOT LISTED FOR SALE

1112 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $285,000 - $347,000

5 Beds
2.5 Baths
1,763 Sq Ft
$177/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $150,000 $85 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,079/month

13 Days on Market

Highlights

  • Recreation Room
  • Laundry Room
  • Ceiling Fan
  • Wood Flooring
  • Dining Room
  • 3-minute walk to Horace Bryant Park

About This Home

As of November 2020

Looking for your next home? Income property? 4 bedroom 2 full baths, fenced in yard, garage all in a great location in Atlantic City. Currently rented for $1,500/month until lease ends in Nov 1st 2020.

Last Agent to Sell the Property

Marla Brestle

NEW ERA REAL ESTATE-B License #1866375 Listed on: 08/18/2020

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Anjail Shabazz

CENTURY 21 ATLANTIC PROFESSIONAL REALTY License #0447706

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,322

Lot Details

  • Lot Dimensions are 60x100

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Dining Room
  • Recreation Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,322

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Split Level
  • Lvt Date: 08/20/2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood, W/W Carpet
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 60x100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Nov 30, 2020
Sold by
Tomalo Craig
Bought by
Lewis Omar C
Seller's Agent
Marla Brestle
NEW ERA REAL ESTATE-B
Buyer's Agent
Anjail Shabazz
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$311,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,279
Avg. Annual Appreciation
16.30%
Original Mortgage
$20,000
Outstanding Balance
$18,050
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$287,839

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 30, 2018
Sold by
Infinity Real Estate Investments Llc
Bought by
Tomalo Craig
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$46,750
Sold Price
$38,000
Premium/Discount to List
-$8,750
-18.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.35%

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 17, 2018
Sold by
Carrington Mortgage Services Llc
Bought by
Infinity Real Estate Investments Llc A N
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$46,750
Sold Price
$38,000
Premium/Discount to List
-$8,750
-18.72%

Purchase Details

Closed on
Mar 28, 2018
Sold by
Bernard Joseph H and Bernard Soeurette
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Abelliard Nojolie
Bought by
Bernard Joseph and Bernard Soeurette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,675
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Fauntleroy Jeffree and Fauntleroy Karen
Bought by
Abellard Najolie and Bernard Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Omar C $150,000 Title Company Of Jersey
Tomalo Craig $49,900 American Title Abstract Corp
Infinity Real Estate Investments Llc A N $38,000 American Title Abstract Corp
Carrington Mortgage Services Llc $1,000 None Available
Bernard Joseph -- --
Abellard Najolie $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Omar C $20,000
Closed Lewis Omar C $20,000
Open Lewis Omar C $135,000
Previous Owner Tomalo Craig $100,000
Previous Owner Bernard Joseph H $68,368
Previous Owner Bernard Joseph H $252,329
Previous Owner Bernard Joseph $248,675
Previous Owner Abellard Najolie $239,000
Previous Owner Fauntleroy Jeffree $30,000
Previous Owner Fauntleroy Jeffree $40,000
Previous Owner Fauntleroy Jeffree M $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $150,000 -9.1% $85 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $165,000 +334.2% $94 / Sq Ft
05/30/2018 05/30/18 Sold $38,000 -18.7% $22 / Sq Ft
03/13/2018 03/13/18 For Sale $46,750 -- $27 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,322 $125,200 $39,000 $86,200
2023 $4,729 $125,200 $39,000 $86,200
2022 $4,729 $125,200 $39,000 $86,200
2021 $4,884 $125,200 $39,000 $86,200
2020 $4,925 $125,200 $39,000 $86,200
2019 $5,378 $135,000 $60,000 $75,000
2018 $4,770 $135,000 $60,000 $75,000
2017 $4,618 $135,000 $60,000 $75,000
2016 $5,211 $135,000 $60,000 $75,000
2015 $4,620 $135,000 $60,000 $75,000
2014 $4,520 $135,000 $60,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Marla Brestle

    Seller's Agent in 2020

    Marla Brestle

    RE/MAX Platinum Properties

    (609) 412-1574

    1 in this area

    28 Total Sales

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  • Anjail Shabazz

    Buyer's Agent in 2020

    Anjail Shabazz

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 703-2724

    2 in this area

    32 Total Sales

    Section Image
  • John Swartz

    Seller's Agent in 2018

    John Swartz

    RE/MAX

    (856) 308-2698

    185 Total Sales

    Section Image

  • d

    Buyer's Agent in 2018

    datacorrect BrightMLS

    Non Subscribing Office

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 540888

South Jersey Shore Regional MLS

APN: 02-00650-0000-00009

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1112 N Michigan Ave, Atlantic City, NJ

This home is located at 1112 N Michigan Ave, Atlantic City, NJ 08401 since 18 August 2020 and is currently estimated at $311,279, approximately $176 per square foot. 1112 N Michigan Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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