NOT LISTED FOR SALE

1404 Madison Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $247,000 - $320,000

3 Beds
1.5 Baths
1,730 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $58,000 $34 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $2,006/month

About This Home

As of June 2021

BEST AND FINAL OFFERS DUE 5/2/21 AT 5PM. Great opportunity to restore a historic home in the Venice Park section of Atlantic City. The two-story property, built in 1900, features 3 bedrooms and 1.5 bathrooms. Spacious living room and dining room with high ceilings, kitchen, utility room which houses the mechanicals and a half bathroom on the first floor. Upstairs are 3 large bathrooms and a full bath. Unfinished basement. Front porch to enjoy the fresh air. Don't miss your chance and schedule you showing today!

Last Agent to Sell the Property

John Moore

WEICHERT REALTORS ASBURY GROUP-OC Listed on: 03/22/2021

WEICHERT REALTORS ASBURY GROUP-OC

Last Buyer's Agent

Chloe Mayes

BALSLEY/LOSCO License #2078497

BALSLEY/LOSCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 30x75

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,934

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 03/23/2021
  • Year Built: 1900
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Unfinished

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 30x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 13, 2021
Sold by
Cascade Funding Mortgage Trust Hb4
Bought by
Kaizen Concepts Llc
Seller's Agent
John Moore
WEICHERT REALTORS ASBURY GROUP-OC
Buyer's Agent
Chloe Mayes
BALSLEY/LOSCO
List Price
$135,000
Sold Price
$58,000
Premium/Discount to List
-$77,000
-57.04%
Current Estimated Value
$283,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,613
Avg. Annual Appreciation
44.89%

Purchase Details

Closed on
Feb 2, 2021
Sold by
Grant Josephine V and Brewer Jerry W
Bought by
Cascade Funding Mortgage Trust Hb4
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kaizen Concepts Llc $58,000 Fortune Title Agency Inc
Cascade Funding Mortgage Trust Hb4 $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akpassa Elizabeth $141,600
Previous Owner Grant Josephine $49,764
Previous Owner Grant Josephine $15,000
Previous Owner Grant Josephine $15,000
Previous Owner Grant Josephine $334,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $58,000 +5.6% $34 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $54,900 -59.3% $32 / Sq Ft
03/22/2021 03/22/21 For Sale $135,000 -- $78 / 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 $5,934 $171,900 $29,000 $142,900
2024 $5,934 $171,900 $29,000 $142,900
2023 $6,493 $171,900 $29,000 $142,900
2022 $6,493 $171,900 $29,000 $142,900
2021 $6,456 $171,900 $29,000 $142,900
2020 $6,513 $171,900 $29,000 $142,900
2019 $9,690 $249,500 $132,800 $116,700
2018 $8,565 $249,500 $132,800 $116,700
2017 $8,285 $249,500 $132,800 $116,700
2016 $9,381 $249,500 $132,800 $116,700
2015 $8,288 $249,500 $132,800 $116,700
2014 $8,103 $249,500 $132,800 $116,700
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Seller's Agent in 2021

    John Moore

    Weichert Corporate

    (609) 705-3360

    2 in this area

    67 Total Sales

    John Moore
    Section Image

  • C

    Buyer's Agent in 2021

    Chloe Mayes

    BALSLEY/LOSCO

    (908) 736-6640

    1 in this area

    1 Total Sale

    Chloe Mayes
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 548610

South Jersey Shore Regional MLS

APN: 02-00684-0000-00013

New Jersey Atlantic County Atlantic City 08401 Venice Park

1404 Madison Ave, Atlantic City, NJ

This home is located at 1404 Madison Ave, Atlantic City, NJ 08401 since 22 March 2021 and is currently estimated at $283,613, approximately $163 per square foot. This property was built in 1900. 1404 Madison 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.

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