NOT LISTED FOR SALE

1503 Beach Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $226,000 - $307,986

3 Beds
3 Baths
1,568 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $167,000 $107 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,875/month

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Dining Room
  • Fenced
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Attention Investors! Don't miss this opportunity to own a piece of Atlantic City located in Venice Park near the casinos, beaches, and boardwalk. This property is being sold strictly "as-is". The Buyer is responsible for all repairs and municipal certifications/CO.

Last Agent to Sell the Property

Federico Maldonado

GRACE PROPERTIES Listed on: 07/28/2022

Co-Listed By

Nataly Maldonado

GRACE PROPERTIES License #1968313

Last Buyer's Agent

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 90x75
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 3
  • Basement: Crawl Space
  • Other Rooms: Dining Room

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 90X75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Dec 20, 2022
Sold by
Ahasan Realty Llc
Bought by
Johnson Sammie L
Seller's Agent
Federico Maldonado
GRACE PROPERTIES
Buyer's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$159,900
Sold Price
$167,000
Premium/Discount to List
$7,100
4.44%
Views
41
Current Estimated Value
$264,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,247
Avg. Annual Appreciation
16.71%
Original Mortgage
$133,600
Outstanding Balance
$117,869
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$146,378

Purchase Details

Closed on
Jul 19, 2022
Sold by
Undersheriff Of The County Of Atlantic
Bought by
Meb Loan Trust and Harvey

Purchase Details

Closed on
Aug 27, 2020
Sold by
Johnson Zoretta M
Bought by
Johnson-Harvey Rita and Johnson Sammie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Sammie L $167,000 The Title Company
Meb Loan Trust $239,247 Aponte Catherine
Johnson-Harvey Rita -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Sammie L $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2022 12/20/22 Sold $167,000 +4.4% $107 / Sq Ft
07/28/2022 07/28/22 For Sale $159,900 -- $102 / 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 $5,827 $168,800 $47,000 $121,800
2024 $5,827 $168,800 $47,000 $121,800
2023 $6,376 $168,800 $47,000 $121,800
2022 $6,376 $168,800 $47,000 $121,800
2021 $6,585 $168,800 $47,000 $121,800
2020 $6,641 $168,800 $47,000 $121,800
2019 $6,574 $165,000 $145,000 $20,000
2018 $5,829 $165,000 $145,000 $20,000
2017 $5,645 $165,000 $145,000 $20,000
2016 $6,119 $165,000 $145,000 $20,000
2015 $8,907 $267,600 $148,300 $119,300
2014 $8,709 $267,600 $148,300 $119,300
Source: Public Records

Agents Affiliated with this Home

  • Federico Maldonado

    Seller's Agent in 2022

    Federico Maldonado

    GRACE PROPERTIES

    (609) 369-3027

    1 in this area

    180 Total Sales

    Federico Maldonado
    Section Image
  • Nataly Maldonado

    Seller Co-Listing Agent in 2022

    Nataly Maldonado

    GRACE PROPERTIES

    (609) 385-3902

    1 in this area

    50 Total Sales

    Nataly Maldonado
    Section Image
  • Silvette Rivera

    Buyer's Agent in 2022

    Silvette Rivera

    Weichert Corporate

    (856) 238-2082

    7 in this area

    80 Total Sales

    Silvette Rivera
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 565588

South Jersey Shore Regional MLS

APN: 02-00690-0000-00011

New Jersey Atlantic County Atlantic City 08401 Venice Park

1503 Beach Ave, Atlantic City, NJ

Not Listed for Sale

Detached

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