NOT LISTED FOR SALE

1134 N Michigan Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $310,000 - $336,000

3 Beds
2 Baths
1,035 Sq Ft
$309/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $279,000 $270 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,189/month

24 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating System
  • Great Room
  • Laundry Room
  • 3-minute walk to Horace Bryant Park

About This Home

As of July 2023

Attention investors, don’t miss out on this turnkey successful short term rental with low taxes. Hard to find, this totally renovated single-family rancher home brings in $40–50,000 year on airbnb and vrbo. You or your guests won't have to do anything but bring your toothbrush. The home features an attractive large fenced yard with Atlantic City mural, driveway parking, and currently furnished to sleep 8-10. It features three bedrooms, two full baths, an outdoor shower which is great for large groups in the summer. Gas heat, central air, new carpeting, vinyl plank flooring, new exterior, and security system are some of the upgrades. The new kitchen, bathrooms, and furnishings are professionally designed with a bright Palm Springs theme. This home is a landlords dream and rentals could begin as soon as the day of closing. Located in a quiet neighborhood with ample privacy. It is within minutes of beaches, the boardwalk, entertainment, water activities, casinos and golf resorts. This beauty won’t last. All furnishings are available and being sold separately.

Last Agent to Sell the Property

Marsha Straka

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #1327176 Listed on: 05/01/2023

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,817

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60x100
  • Fenced

Parking

  • 3 Parking Spaces

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • Great Room
  • Laminate Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,817

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Lvt Date: 05/01/2023
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator
  • Flooring: Laminate Flooring
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Other Rooms: Eat In Kitchen, Great Room, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jul 21, 2023
Sold by
Flame Investments Llc
Bought by
Venuti Nickolas and Venuti Briana
Seller's Agent
Marsha Straka
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$285,000
Sold Price
$279,000
Premium/Discount to List
-$6,000
-2.11%
Views
317
Current Estimated Value
$308,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,452
Avg. Annual Appreciation
7.68%
Original Mortgage
$209,250
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 16, 2020
Sold by
Commodore Properties Llc
Bought by
Flame Investments Llc
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
TURNER-MCDUFFIE, TURNER-MCDUFFIE
BHHS FOX and ROACH-Northfield
List Price
$129,900
Sold Price
$113,000
Premium/Discount to List
-$16,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.37%

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 31, 2019
Sold by
Scott Arthur L
Bought by
Commodore Properties Llc
Seller's Agent
KEVIN TERHUNE
REALTY MARK ADVANTAGE
Buyer's Agent
TURNER-MCDUFFIE, TURNER-MCDUFFIE
BHHS FOX and ROACH-Northfield
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
199.50%

Purchase Details

Closed on
Jan 26, 2017
Sold by
Scott Arthur Lee and Estate Of Mildred D Scott
Bought by
Scott Arthur L
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
Venuti Nickolas $279,000 Foundation Title
Flame Investments Llc $113,000 Cape Coral Ttl Ins Agcy Inc
Commodore Properties Llc $56,000 Trident Land Transfer Co Nj
Scott Arthur L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venuti Nickolas $209,250
Previous Owner Flame Investments Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $279,000 -2.1% $270 / Sq Ft
05/01/2023 05/01/23 For Sale $285,000 +152.2% $275 / Sq Ft
01/21/2020 01/21/20 Sold $113,000 +2.8% $109 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
12/23/2019 12/23/19 Price Changed $109,900 -15.4% $106 / Sq Ft
12/03/2019 12/03/19 For Sale $129,900 +132.0% $126 / Sq Ft
05/31/2019 05/31/19 Sold $56,000 -13.8% $54 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $65,000 -- $63 / 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 $5,817 $168,500 $39,000 $129,500
2023 $3,622 $95,900 $39,000 $56,900
2022 $3,622 $95,900 $39,000 $56,900
2021 $3,741 $95,900 $39,000 $56,900
2020 $3,773 $95,900 $39,000 $56,900
2019 $5,817 $146,000 $73,000 $73,000
2018 $5,158 $146,000 $73,000 $73,000
2017 $4,995 $146,000 $73,000 $73,000
2016 $8,138 $217,300 $145,700 $71,600
2015 $7,186 $217,300 $145,700 $71,600
2014 $7,025 $217,300 $145,700 $71,600
Source: Public Records

Agents Affiliated with this Home

  • Marsha Straka

    Seller's Agent in 2023

    Marsha Straka

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (215) 208-8687

    1 in this area

    26 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Georgeanna Newmones

    Seller's Agent in 2020

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    21 in this area

    249 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    TURNER-MCDUFFIE, TURNER-MCDUFFIE

    BHHS Fox & Roach

    (609) 839-3790

    4 in this area

    34 Total Sales

    Section Image

  • K

    Seller's Agent in 2019

    KEVIN TERHUNE

    REALTY MARK ADVANTAGE

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573556

South Jersey Shore Regional MLS

APN: 02-00650-0000-00006

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1134 N Michigan Ave, Atlantic City, NJ

This home is located at 1134 N Michigan Ave, Atlantic City, NJ 08401 since 01 May 2023 and is currently estimated at $319,563, approximately $308 per square foot. This property was built in 1900. 1134 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.

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