Seller's Agent in 2024
Sheldon Grace
GRACE PROPERTIES
(609) 485-2262
3 in this area
62 Total Sales
1402 N Michigan Ave Atlantic City, NJ 08401
Venice Park Neighborhood
5
Beds
2
Baths
1,056
Sq Ft
7,492
Sq Ft Lot
Highlights
- Wood Flooring
- Porch
- 4-minute walk to Horace Bryant Park
- Corner Lot
- Wood Siding
About This Home
As of October 2024VENICE PARK RAISED RANCHER ACROSS THE STREET FROM CANAL EXTRA LARGE LOT PROPERTY 5 BR 2 BATH PROPERTY BEING SOLD IN ITS (AS-IS WHERE-IS CONDITION) ALL CITY STATE INSPECTION ON BUYERS NEW KITCHEN PUT IN 9 MONTHS AGO.THE HOME IS BEING FRESHLY PAINTED READY FOR NEW OWNER WE NEED 60 DAYS TO RELOCATE TENANT( SPECIAL LOAN FOR ) low to moderate income and/or area and offers minimum 3% down payment, NO PMI, discount to market rate and minimum credit score of 620. This house meets criteria for a 1% discount to rate and a $6000 lender credit towards closing costs (for First Time Home Buyers). Today’s discounted rate would be 5.875% (subject to change at any time). I have attached a copy of the program flyer.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,173
Lot Details
- Lot Dimensions are 75x100
- Corner Lot
Parking
- 3 Parking Spaces
Home Design
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Wood Flooring
- Partial Basement
Kitchen
- Stove
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Home Security
- Storm Screens
- Fire and Smoke Detector
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2017
Sold by
Estates Of Ac Llc
Bought by
Coral Llc
Current Estimated Value
Purchase Details
Closed on
May 2, 2017
Sold by
Kremsky Kenneth
Bought by
Estate Of Ac Llc
Purchase Details
Closed on
Mar 30, 2016
Sold by
6 N Brighton Llc
Bought by
Kremsky Kenneth
Purchase Details
Closed on
Feb 17, 2016
Sold by
Acy Properties Llc and Behan Shoufen
Bought by
6 N Brighton Llc
Purchase Details
Closed on
Oct 11, 2007
Sold by
Behan Shoufen and Diverio Phil
Bought by
Acy Properties Llc
Purchase Details
Closed on
Jun 28, 2007
Sold by
Davis James and Davis Frances A
Bought by
Behan Shoufen and Diverio Phil
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | $45,000 | None Available | |
| Deed | $39,000 | None Available | |
| Sheriffs Deed | $5,500 | None Available | |
| Deed | -- | Fidelity Natl Title Ins Co | |
| Deed | $157,000 | Agents Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $168,700 | Unknown | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $65,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $190,000 | -13.2% | $180 / Sq Ft |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | Price Changed | $219,000 | +10.1% | $207 / Sq Ft |
| 05/12/2024 05/12/24 | For Sale | $199,000 | 0.0% | $188 / Sq Ft |
| 05/12/2024 05/12/24 | Price Changed | $199,000 | +11.2% | $188 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 03/09/2024 03/09/24 | Price Changed | $179,000 | -10.1% | $170 / Sq Ft |
| 02/14/2024 02/14/24 | For Sale | $199,000 | -- | $188 / Sq Ft |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $4,173 | $120,900 | $50,000 | $70,900 |
| 2024 | $4,173 | $120,900 | $50,000 | $70,900 |
| 2023 | $4,566 | $120,900 | $50,000 | $70,900 |
| 2022 | $4,566 | $120,900 | $50,000 | $70,900 |
| 2021 | $4,716 | $120,900 | $50,000 | $70,900 |
| 2020 | $4,756 | $120,900 | $50,000 | $70,900 |
| 2019 | $3,574 | $89,700 | $30,000 | $59,700 |
| 2018 | $3,169 | $89,700 | $30,000 | $59,700 |
| 2017 | $7,352 | $214,900 | $150,800 | $64,100 |
| 2016 | $8,295 | $214,900 | $150,800 | $64,100 |
| 2015 | $7,354 | $214,900 | $150,800 | $64,100 |
| 2014 | $7,195 | $214,900 | $150,800 | $64,100 |
Source: Public Records
Agents Affiliated with this Home
-
Sheldon Grace
-
Silvette Rivera
Buyer's Agent in 2024
Silvette Rivera
Weichert Corporate
(856) 238-2082
6 in this area
80 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 582153
APN: 02-00685-0000-00008
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