NOT LISTED FOR SALE

124 Folsom Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $278,000 - $368,000

3 Beds
2.5 Baths
1,452 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $178,500 $123 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,160/month

16 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Fenced
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Oscar E. McClinton Waterfront Park

About This Home

As of October 2021

Wonderful Gardner's Basin area . 3 bedroom 2 1/2 bathrooms. Living , kitchen and Dining room . Hardwood floors through out , Master bedroom with private bath Fenced yard , Driveway , Garage , Central air.. Tenant pays 1,450.00 a month

Last Agent to Sell the Property

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR Listed on: 08/21/2021

BALSLEY/LOSCO-VENTNOR

Last Buyer's Agent

Donna Palazzo-Burnside

BALSLEY/LOSCO-VENTNOR Listed on: 08/21/2021

BALSLEY/LOSCO-VENTNOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 39.88 x 92.5
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,667

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 08/21/2021
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Lower

Exterior Features

  • Outside Features: Fenced Yard, Porch
  • Siding Exterior: Vinyl

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 39.88 x 92.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Oct 18, 2021
Sold by
Lorimar Continental Properties Llc
Bought by
Murphy Nanci
Seller's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
List Price
$220,000
Sold Price
$178,500
Premium/Discount to List
-$41,500
-18.86%
Current Estimated Value
$325,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,098
Avg. Annual Appreciation
16.71%

Purchase Details

Listed on
Mar 6, 2012
Closed on
Feb 21, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lorimar Continental Properties Llc
Seller's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR
Buyer's Agent
Donna Palazzo-Burnside
BALSLEY/LOSCO-VENTNOR

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Goh Hiok M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 31, 2006
Sold by
Tran Tam
Bought by
Hiok Goh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Procida Realty & Construction Corp
Bought by
Tran Tam and Pham Linh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,550
Interest Rate
6.98%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Casino Reinvestment Development Authorit
Bought by
Procida Realty & Construction Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,550
Interest Rate
6.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murphy Nanci $178,500 Trident Land Transfer
Lorimar Continental Properties Llc $120,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Hiok Goh $330,000 --
Tran Tam $109,000 Fidelity Title
Procida Realty & Construction Corp -- Continental Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Nanci $248,000
Previous Owner Lorimar Continental Properties Llc $86,000
Previous Owner Goh Hiok $324,000
Previous Owner Goh Hiok $324,000
Previous Owner Goh Hiok $324,000
Previous Owner Hiok Goh $231,000
Previous Owner Tran Tam $110,000
Previous Owner Lopez Edward $110,000
Previous Owner Tran Tam $103,000
Previous Owner Tran Tam $103,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $178,500 -18.9% $123 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $220,000 0.0% $152 / Sq Ft
01/06/2019 01/06/19 Rented -- -- --
08/27/2018 08/27/18 For Rent $1,450 -98.8% --
03/01/2016 03/01/16 Rented -- -- --
01/31/2016 01/31/16 Under Contract -- -- --
10/06/2015 10/06/15 For Rent -- -- --
11/05/2013 11/05/13 Rented -- -- --
11/05/2013 11/05/13 For Rent -- -- --
03/06/2012 03/06/12 Rented -- -- --
03/06/2012 03/06/12 For Rent -- -- --
02/22/2012 02/22/12 Sold $120,000 -3.9% $83 / Sq Ft
02/06/2012 02/06/12 Price Changed $124,900 -7.4% $86 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
12/29/2011 12/29/11 Price Changed $134,900 -3.6% $93 / Sq Ft
11/18/2011 11/18/11 Price Changed $139,900 -6.7% $96 / Sq Ft
10/21/2011 10/21/11 Price Changed $149,900 -6.3% $103 / Sq Ft
09/19/2011 09/19/11 Price Changed $159,900 -3.0% $110 / Sq Ft
08/19/2011 08/19/11 For Sale $164,900 -- $114 / 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 $4,667 $135,200 $54,400 $80,800
2024 $4,667 $135,200 $54,400 $80,800
2023 $5,107 $135,200 $54,400 $80,800
2022 $5,107 $135,200 $54,400 $80,800
2021 $5,274 $135,200 $54,400 $80,800
2020 $5,319 $135,200 $54,400 $80,800
2019 $4,821 $121,000 $40,000 $81,000
2018 $4,275 $121,000 $40,000 $81,000
2017 $4,139 $121,000 $40,000 $81,000
2016 $5,172 $134,000 $67,000 $67,000
2015 $5,989 $175,000 $70,000 $105,000
2014 $5,859 $175,000 $70,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Donna Palazzo-Burnside

    Seller's Agent in 2021

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    3 in this area

    48 Total Sales

    Donna Palazzo-Burnside
    Section Image

  • Y

    Buyer's Agent in 2019

    YEHUDA AMIR

    RE/MAX Platinum Properties

    (609) 350-4570

    1 in this area

    18 Total Sales

    YEHUDA AMIR
    Section Image
  • Mary and David Dean

    Seller's Agent in 2012

    Mary and David Dean

    Barragan Realty LLC

    (609) 774-4932

    184 Total Sales

    Mary and David Dean
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 554565

South Jersey Shore Regional MLS

APN: 02-00120-0000-00008

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

124 Folsom Ave, Atlantic City, NJ

This home is located at 124 Folsom Ave, Atlantic City, NJ 08401 since 21 August 2021 and is currently estimated at $325,598, approximately $224 per square foot. This property was built in 1998. 124 Folsom Ave is a home located in Atlantic County with nearby schools including Uptown Complex School, 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.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes