NOT LISTED FOR SALE

1222 Penrose Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $192,000 - $269,000

3 Beds
1 Bath
1,073 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 22, 2014

Last sale price $85,000 $79 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,447/month

458 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Wood Under Carpet
  • Laundry Room
  • 3-minute walk to Horace Bryant Park

About This Home

As of December 2014

This property is ready to go!! Bring an offer!! Great condition, 3br 1ba large yard, hardwood floors and more!

Last Agent to Sell the Property

Georgeanna Newmones

eXp Realty-Atlantic City Listed on: 08/12/2013

eXp Realty-Atlantic City

Last Buyer's Agent

ALONZO (Al) BAILEY

Genesis Realty and Notary Service, LLC License #8442732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,045

Lot Details

  • Lot Dimensions are 48 x 100
  • Fenced
  • Sprinkler System

Home Design

  • Ranch Style House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Eat-In Kitchen
  • Wood Under Carpet
  • Laundry Room
  • Crawl Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,045

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: W/W Over Hardwood
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Basement: Crawl Space
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 48 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Dec 22, 2014
Sold by
Ward Amber
Bought by
Muhammad Abdur Rahim K
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
ALONZO (Al) BAILEY
Genesis Realty and Notary Service, LLC
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$218,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,897
Avg. Annual Appreciation
9.36%
Original Mortgage
$10,000
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2005
Sold by
Sewell Scott M
Bought by
Ward Amber
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
Muhammad Abdur Rahim K $85,000 Surety Title
Ward Amber $50,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhammad Abdur-Rahim K $109,890
Closed Muhammad Abdur Rahim K $10,000
Previous Owner Ward Amber $55,000
Previous Owner Ward Ambert $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2014 12/22/14 Sold $85,000 0.0% $79 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $85,000 -- $79 / 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
2025 $3,045 $88,200 $33,800 $54,400
2024 $3,045 $88,200 $33,800 $54,400
2023 $3,331 $88,200 $33,800 $54,400
2022 $3,331 $88,200 $33,800 $54,400
2021 $3,441 $88,200 $33,800 $54,400
2020 $3,470 $88,200 $33,800 $54,400
2019 $3,984 $100,000 $50,000 $50,000
2018 $4,946 $140,000 $80,000 $60,000
2017 $4,789 $140,000 $80,000 $60,000
2016 $5,404 $140,000 $80,000 $60,000
2015 $4,791 $140,000 $80,000 $60,000
2014 $6,026 $180,000 $120,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Georgeanna Newmones

    Seller's Agent in 2014

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    21 in this area

    250 Total Sales

    Georgeanna Newmones
    Section Image
  • ALONZO (Al) BAILEY

    Buyer's Agent in 2014

    ALONZO (Al) BAILEY

    Genesis Realty and Notary Service, LLC

    (609) 289-9220

    1 in this area

    7 Total Sales

    ALONZO (Al) BAILEY
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 415933

South Jersey Shore Regional MLS

APN: 02-00664-0000-00007

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1222 Penrose Ave, Atlantic City, NJ

This home is located at 1222 Penrose Ave, Atlantic City, NJ 08401 since 12 August 2013 and is currently estimated at $218,897, approximately $204 per square foot. 1222 Penrose 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.
Information is deemed reliable but not guaranteed.
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