NOT LISTED FOR SALE

1408 N Michigan Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $276,498 - $384,000

5 Beds
1.5 Baths
2,048 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $125,000 $61 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,310/month

32 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Horace Bryant Park
  • 1.5 Car Detached Garage
  • Fenced

About This Home

As of October 2021

Stately manor home in Venice Park looking for new owner to bring her back to glory. House sits on a 60' lot smack dab in the middle of 2 extra original 30' lots, There is lots of room inside and out. Great bay breezes. Being sold AS-IS with Buyer responsible for all inspections, certifications, repairs including CO. House needs renovation.

Last Agent to Sell the Property

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 07/15/2021

REALTY MARK ADVANTAGE

Last Buyer's Agent

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 07/15/2021

REALTY MARK ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 60 x75
  • Fenced

Parking

  • 1.5 Car Detached Garage

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Storm Screens
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Heating System Uses Oil

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,572

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Estate: Yes
  • Lvt Date: 07/16/2021
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Washer
  • Flooring: Vinyl, W/W Carpet, Wood
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: Size: large, On Level: Main
  • Other Rooms: Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Detached Garage
  • Parking Exterior: One And Half Car

Utilities

  • Heating: Oil, Radiator
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 60 x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2022
Sold by
Jacob Leo
Bought by
Vcrac Mgmt Llc
Current Estimated Value
$338,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2019
Sold by
Morales Leslye A
Bought by
Lewis Andrades R

Purchase Details

Closed on
Mar 6, 2007

Purchase Details

Closed on
Dec 3, 1997
Sold by
Lewis Andrades R and Lewis Andres R
Bought by
Lewis Andrades R and Morales Leslye A
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
Vcrac Mgmt Llc -- Surety Title
Lewis Andrades R -- None Available
-- -- --
Lewis Andrades R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vcrac Mgmt Llc $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $125,000 -37.2% $61 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $199,000 -- $97 / 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 $5,572 $161,400 $38,000 $123,400
2024 $5,572 $161,400 $38,000 $123,400
2023 $6,096 $161,400 $38,000 $123,400
2022 $6,096 $161,400 $38,000 $123,400
2021 $6,296 $161,400 $38,000 $123,400
2020 $6,349 $161,400 $38,000 $123,400
2019 $9,952 $249,800 $140,500 $109,300
2018 $8,825 $249,800 $140,500 $109,300
2017 $8,546 $249,800 $140,500 $109,300
2016 $9,642 $249,800 $140,500 $109,300
2015 $8,548 $249,800 $140,500 $109,300
2014 $8,363 $249,800 $140,500 $109,300
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Geoff Rosenberger

    REALTY MARK ADVANTAGE

    (609) 385-7585

    2 in this area

    18 Total Sales

    Geoff Rosenberger
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 553105

South Jersey Shore Regional MLS

APN: 02-00685-0000-00006

New Jersey Atlantic County Atlantic City 08401 Venice Park

1408 N Michigan Ave, Atlantic City, NJ

This home is located at 1408 N Michigan Ave, Atlantic City, NJ 08401 since 15 July 2021 and is currently estimated at $338,625, approximately $165 per square foot. This property was built in 1900. 1408 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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