NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 1507 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $156,627 - $164,000

-- Bed
1 Bath
425 Sq Ft
0.95 Acres

Last Sold February 24, 2022

Last sale price $133,000 $313 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,039/month

3 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Community Pool
  • Clubhouse
  • Sauna
  • Elevator

About This Home

As of February 2022

Direct oceanfront and direct boardwalk-front location! Lowest priced unit for sale in all of Atlantic Palace! Desirable studio on high floor with unbelievable views! Unit faces south on the southeast corner. Full service building right on the beach!!! Includes parking for one car and features luxury amenities including swimming pool and fitness center! Hurry! Won't last! Great investment and property at the shore!

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 02/01/2022

Soleil Sotheby's International Realty - A

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,013

Lot Details

  • 0.95

Parking

  • 1 Parking Space

Kitchen

  • Stove
  • Microwave

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Water Views
  • 1 Full Bathroom
  • Deck
  • Ocean Front

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,013

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 02/01/2022
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Common Area Features: Cable Tv, Clubhouse/Clubroom, Deck/Porch, Elevator, Laundromat On Site, Pool, Sauna, Security

Garage/Parking

  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Boardwalk Front, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: No Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Pavlich Richard and Kachmar Marian
Bought by
Flagship Resort Development Corporation
Current Estimated Value
$160,157

Purchase Details

Closed on
Oct 7, 2022
Sold by
Elmer William H
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Jun 17, 2022
Sold by
Flagship Resort Development Corporation
Bought by
Taylor Howard and Harris Mia

Purchase Details

Closed on
May 14, 2022
Sold by
Flagship Resort Development Corporation
Bought by
Oliver Towanan and Oliver Tommie

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 24, 2022
Sold by
Carfagno Francis A and Carfagno Michele
Bought by
Rms Property Holdings Llc
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$99,900
Sold Price
$133,000
Premium/Discount to List
$33,100
33.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Aug 19, 2021
Sold by
Cascone Edward P
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
May 2, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Daniels Vernon and Armfield-Daniels Linda

Purchase Details

Closed on
Apr 10, 2021
Sold by
Nichols Blanche J
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2021
Sold by
Macpherson Kenneth
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2021
Sold by
Shears Morgan H and Shears Mary M
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2021
Sold by
Hons James L and Hons Janina
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Morales Michael and Morales Maritere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2021
Sold by
Mills Richard A
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2021
Sold by
Robinson David J and Robinson Tomika D
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Hurley Giovanni and Hurley Sharmaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2021
Sold by
Cooper Harrison
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,955
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2020
Sold by
Butler Sharon D
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2020
Sold by
Flagship Resort Development Corporation
Bought by
Yeoman Charity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2020
Sold by
Jenkins Duwaine H and Jenkins Janice D
Bought by
Flagship Resort Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2020
Sold by
Flagship Resort Development Corporation
Bought by
Vonneida Michael J and Vonneida Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2020
Sold by
Smith Dexter and Smith Yvette
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Steighner Marci and Porbin Sean
Bought by
Flagship Resort Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,848
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2020
Sold by
Dave Donna L
Bought by
Flagship Resort Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,100
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
Price Gregory N
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Feb 7, 2012
Sold by
Carfagno Francis A and Carfagno Michele
Bought by
The Francis A Carfagno & Michele Carfagn

Purchase Details

Closed on
Jun 8, 2005
Sold by
Estate Of Jagat M Subudhi and Subidhi Menaka
Bought by
Carfagno Francis A and Carfagno Michele
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
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- Marina Title
Taylor Howard $18,300 None Listed On Document
Oliver Towanan $9,300 None Listed On Document
Rms Property Holdings Llc $133,000 Surety Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Daniels Vernon $23,800 Marina Title
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Morales Michael $16,900 Marina Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Marina Title
Hurley Giovanni $22,800 Marina Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Yeoman Charity $15,400 Marina Title
Flagship Resort Dev Corp -- Accommodation/Courtesy Recordi
Vonneida Michael J $34,400 None Listed On Document
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Smith Dexter $24,900 Marina Title
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Dev Corp -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
The Francis A Carfagno & Michele Carfagn -- None Available
Carfagno Francis A $140,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Michael $13,955
Previous Owner Hurley Giovanni $15,848
Previous Owner Yeoman Charity $6,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $133,000 +33.1% $313 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $99,900 -- $235 / 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 $2,013 $58,300 $35,000 $23,300
2024 $2,013 $58,300 $35,000 $23,300
2023 $2,202 $58,300 $35,000 $23,300
2022 $2,202 $58,300 $35,000 $23,300
2021 $2,274 $58,300 $35,000 $23,300
2020 $2,294 $58,300 $35,000 $23,300
2019 $4,235 $106,300 $53,200 $53,100
2018 $3,756 $106,300 $53,200 $53,100
2017 $3,637 $106,300 $53,200 $53,100
2016 $4,103 $106,300 $53,200 $53,100
2015 $4,000 $116,900 $58,400 $58,500
2014 $3,914 $116,900 $58,400 $58,500
Source: Public Records

Agents Affiliated with this Home

  • Ashley Franchini

    Seller's Agent in 2022

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    2 in this area

    201 Total Sales

    Ashley Franchini
    Section Image

  • A

    Buyer's Agent in 2022

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 559262

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C1507

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 1507, Atlantic City, NJ

This home is located at 1515 Boardwalk Unit 1507, Atlantic City, NJ 08401 since 01 February 2022 and is currently estimated at $160,157, approximately $376 per square foot. 1515 Boardwalk Unit 1507 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.

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.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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