NOT LISTED FOR SALE

1502 Penrose Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $228,000 - $261,000

-- Bed
-- Bath
960 Sq Ft
$252/Sq Ft Est. Value

About This Home

This home is located at 1502 Penrose Ave, Atlantic City, NJ 08401 and is currently estimated at $241,933, approximately $252 per square foot. 1502 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 New Hope Christian Academy/Robinson Small Learning Center.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2007
Sold by
Best Kelli
Bought by
Best Kelli and Lewis Gwendolyn
Current Estimated Value
$241,933

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mason Eric
Bought by
Kelli Best

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$128,848
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,085

Purchase Details

Closed on
Nov 29, 1999
Sold by
Jones Lonell and Jones Keva
Bought by
Mason Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Best Kelli -- Agents Title Services
Kelli Best $210,000 --
Mason Eric $81,400 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Best Kelli $50,000
Open Kelli Best $210,000
Previous Owner Mason Eric $162,000
Previous Owner Mason Eric $135,451
Previous Owner Mason Eric $96,000
Previous Owner Mason Eric $80,700
Source: Public Records

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 $3,093 $89,600 $38,000 $51,600
2024 $3,093 $89,600 $38,000 $51,600
2023 $3,384 $89,600 $38,000 $51,600
2022 $3,384 $89,600 $38,000 $51,600
2021 $3,495 $89,600 $38,000 $51,600
2020 $3,525 $89,600 $38,000 $51,600
2019 $4,482 $112,500 $56,250 $56,250
2018 $3,975 $112,500 $56,250 $56,250
2017 $4,310 $126,000 $63,000 $63,000
2016 $7,871 $203,900 $140,500 $63,400
2015 $6,977 $203,900 $140,500 $63,400
2014 $6,827 $203,900 $140,500 $63,400
Source: Public Records

Map

New Jersey Atlantic County Atlantic City 08401 Venice Park

1502 Penrose Ave, Atlantic City, NJ

This home is located at 1502 Penrose Ave, Atlantic City, NJ 08401 and is currently estimated at $241,933, approximately $252 per square foot. 1502 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 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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