NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 1506 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $192,000 - $210,293

-- Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold April 18, 2023

Last sale price $181,000

Est. 10% increase in value since last sale

Current estimated payment $1,363/month

149 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Elevator
  • Spa
  • Clubhouse
  • Outdoor Community Showers

About This Home

As of April 2023

DIRECT OCEANFRONT UNIT!! Expansive oceanviews, complete with sitting & dining areas & adorable kitchen! Located in the full service Atlantic Palace building which includes amenities such as security, pool, parking, dining & more! Call TODAY!!!! AN AMAZING INVESTMENT PROPERTY!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 11/02/2022

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

Last Buyer's Agent

Patrick Halliday

BHHS FOX and ROACH-West Ave OC License #0453531

BHHS FOX and ROACH-West Ave OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,279

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Parking

  • Attached Garage

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Microwave

Pool

  • Spa

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance, maintenance, management, trash
  • Atlantic Palace Condos
  • 11-Story Property

Amenities

  • Courtesy Bus
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,279

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Motel
  • Lvt Date: 11/02/2022
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Cable Tv, Clubhouse/Clubroom, Elevator, Laundromat On Site, Outside Shower, Pool, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete

Garage/Parking

  • Garage: Attached Garage

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management, Trash
  • Condo Name: Atlantic Palace
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Wall To Wall Carpet, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Apr 18, 2023
Sold by
Ac Studio Llc
Bought by
Pleasant Sight Properties Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Patrick Halliday
BHHS FOX and ROACH-West Ave OC
List Price
$199,000
Sold Price
$181,000
Premium/Discount to List
-$18,000
-9.05%
Views
157
Current Estimated Value
$199,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,073
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Jan 11, 2022
Closed on
Apr 22, 2022
Sold by
Beachcomber Resort Holdings Llc
Bought by
Ac Studio Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Navjyot 'JoJo' Sandhu
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.10%

Purchase Details

Closed on
May 11, 2005
Sold by
Cordray Evelyn
Bought by
Beachcomber Resort Holdings Llc
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
Pleasant Sight Properties Llc $181,000 Freedom Title & Abstract
Ac Studio Llc $120,000 --
Beachcomber Resort Holdings Llc $130,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordray Evelyn H $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $181,000 -9.0% --
03/31/2023 03/31/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $199,000 +65.8% --
04/26/2022 04/26/22 Sold $120,000 0.0% --
01/11/2022 01/11/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $120,000 -- --
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
2024 $3,279 $95,000 $55,000 $40,000
2023 $3,588 $95,000 $55,000 $40,000
2022 $3,588 $95,000 $55,000 $40,000
2021 $4,389 $112,500 $55,000 $57,500
2020 $4,426 $112,500 $55,000 $57,500
2019 $2,956 $74,200 $37,100 $37,100
2018 $2,621 $74,200 $37,100 $37,100
2017 $3,524 $103,000 $51,500 $51,500
2016 $3,976 $103,000 $51,500 $51,500
2015 $3,877 $113,300 $56,650 $56,650
2014 $3,793 $113,300 $56,650 $56,650
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2023

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    31 in this area

    767 Total Sales

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  • Todd Gordon

    Seller Co-Listing Agent in 2023

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    33 in this area

    448 Total Sales

    Section Image
  • Patrick Halliday

    Buyer's Agent in 2023

    Patrick Halliday

    BHHS Fox & Roach

    (609) 602-3917

    1 in this area

    363 Total Sales

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  • Navjyot 'JoJo' Sandhu

    Buyer's Agent in 2022

    Navjyot 'JoJo' Sandhu

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (717) 265-6106

    3 in this area

    53 Total Sales

    Section Image
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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 568649

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C1506

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 1506, Atlantic City, NJ

This home is located at 1515 Boardwalk Unit 1506, Atlantic City, NJ 08401 since 02 November 2022 and is currently estimated at $199,073. 1515 Boardwalk Unit 1506 is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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