NOT LISTED FOR SALE

1417 Penrose Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $257,000 - $292,000

3 Beds
2 Baths
1,359 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $53,000 $39 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,880/month

Highlights

  • Multiple Fireplaces
  • Den
  • Burglar Security System
  • Wood Flooring
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

As of November 2014

Many updates,new kitchen, laundry, dining and bathrooms.New heater,h/w heater,roof&windows New stucco, appliances-all within 6 years.Wood FP. Master has balcony.Two 16.5'x5' enclosed porches.Short sale sold as-is. Great home but needs work.Heating system works but tenant left bathroom window wide open upstairs and froze the baseboard heater in there causing water damage to the ceiling and floor below.

Last Agent to Sell the Property

JENNIFER GATTO

3DX Real Estate, LLC Listed on: 08/15/2014

3DX Real Estate, LLC

Last Buyer's Agent

Howard Winters

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,981

Lot Details

  • Lot Dimensions are 105 x 75
  • Fenced

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Storage In Attic
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Venice Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Microwave
  • Fireplace: Built-In, Family Room, Gas Log, More Than 1, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Security System, Smoke/Fire Alarm
  • Bedrooms: 3
  • Bedroom 1: Size: 15x11, On Level: Upper
  • Bedroom 2: Size: 12x9.5, On Level: Upper
  • Bedroom 3: Size: 9x11, On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space, Partial, Unfinished
  • Dining Room: Size: 13.5x11, On Level: Main
  • Family Room: Size: 16x12, On Level: Main
  • Kitchen: Size: 12.5x7, On Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Laundry/Utility Room, Library/Study, Storage Attic

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Porch Enclosed, Shed, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 105 X 75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Mitchell Arnold and Mitchell Andrew
Bought by
Mitchell Arnold E
Current Estimated Value
$270,979

Purchase Details

Listed on
Aug 15, 2014
Closed on
Dec 17, 2014
Sold by
Simone Joseph
Bought by
Mitchell Arnold and Mitchell Andrew
Seller's Agent
JENNIFER GATTO
3DX Real Estate, LLC
Buyer's Agent
Howard Winters
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%

Purchase Details

Closed on
Sep 7, 2007
Sold by
Gatto Patricia
Bought by
Simone Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2004
Sold by
Rossetti Joseph
Bought by
Gatto Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2002
Sold by
Ocwen Federal Bank Fsb
Bought by
Rossetti Joseph

Purchase Details

Closed on
Nov 7, 2000
Sold by
Couch Bernice V
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Sep 7, 1995
Sold by
Gordon Letitia J
Bought by
Couch Bernice V
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
Mitchell Arnold E -- None Listed On Document
Mitchell Arnold $40,000 Surety Title
Simone Joseph $225,000 Fidelity Natl Title Ins Co
Gatto Patricia $127,500 Commonwealth Title
Rossetti Joseph $23,000 --
Ocwen Federal Bank Fsb -- --
Couch Bernice V $65,625 Supreme Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simone Joseph $213,750
Previous Owner Gatto Patricia $101,600
Previous Owner Rossetti Joseph $98,000
Previous Owner Rossetti Joseph R $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $53,000 0.0% $39 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $53,000 0.0% $39 / Sq Ft
12/23/2013 12/23/13 Rented -- -- --
11/23/2013 11/23/13 Under Contract -- -- --
11/12/2013 11/12/13 For Rent -- -- --
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 $4,981 $144,300 $51,500 $92,800
2024 $4,981 $144,300 $51,500 $92,800
2023 $5,450 $144,300 $51,500 $92,800
2022 $5,450 $144,300 $51,500 $92,800
2021 $5,629 $144,300 $51,500 $92,800
2020 $5,677 $144,300 $51,500 $92,800
2019 $6,374 $160,000 $100,000 $60,000
2018 $5,653 $160,000 $100,000 $60,000
2017 $5,474 $160,000 $100,000 $60,000
2016 $6,176 $160,000 $100,000 $60,000
2015 $5,475 $160,000 $100,000 $60,000
2014 $5,357 $160,000 $100,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JENNIFER GATTO

    3DX Real Estate, LLC

    (609) 892-0676

    1 in this area

    5 Total Sales

    JENNIFER GATTO
    Section Image
  • Howard Winters

    Buyer's Agent in 2014

    Howard Winters

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 892-4391

    1 in this area

    185 Total Sales

    Howard Winters
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 436571

South Jersey Shore Regional MLS

APN: 02-00677-0000-00011

New Jersey Atlantic County Atlantic City 08401 Venice Park

1417 Penrose Ave, Atlantic City, NJ

This home is located at 1417 Penrose Ave, Atlantic City, NJ 08401 since 15 August 2014 and is currently estimated at $270,979, approximately $199 per square foot. 1417 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 St. James Elementary School.

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.
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