NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 1511 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $150,000 - $276,000

1 Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold April 18, 2014

Last sale price $100,000

Est. 103% increase in value since last sale

Current estimated payment $1,284/month

223 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • End Unit
  • Spa
  • Sauna
  • Elevator

About This Home

As of April 2014

SPECTACULAR HIGH FLOOR ATLANTIC PALACE UNIT!! Mint condition and ready for you to move right in. This extra large one bedroom unit features spacious living room, dining area, kitchen, large bath with Jacuzzi tub and separate shower. Fantastic CITY SKYLINE, CASINO, OCEAN & BAY VIEWS from your large windows throughout!! Rancher-like living on one floor. Watch the pier and casinos light up at night! Great rental unit for income. Sleeps 4-6. Fabulous New York style building with security & pool. Garage parking!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 07/09/2013

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Lot Details

  • Building is beachfront but unit may not have water views
  • End Unit

Home Design

  • Concrete Siding
  • Steel Siding

Interior Spaces

  • Entrance Foyer
  • Dining Area
  • Carpet
  • Water Views
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Spa

Utilities

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

Community Details

Overview

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

Amenities

  • Sauna
  • Courtesy Bus
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Self Cleaning Oven
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Cable Tv, Elevator, Laundromat On Site, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Concrete, Steel

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Boardwalk Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2025
Sold by
Balkman Elizabeth M and Williams Annie J
Bought by
Flagship Resort Development Corporation
Current Estimated Value
$202,989

Purchase Details

Closed on
Sep 17, 2022
Sold by
Flagship Resort Development Corporation
Bought by
Bethea Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,027
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2021
Sold by
Hoffman George P
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
May 23, 2021
Sold by
George Patterson
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Feb 8, 2019
Sold by
Ramcharan Mukesh and Ramcharan Susan
Bought by
Flagship Resort Development Corporation and Atlantic Palace Development Llc

Purchase Details

Closed on
Mar 2, 2017
Sold by
Melendez Alejandro D and Payne Robin Payne
Bought by
Flagship Resort Developme Nt Corporati O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.1%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Binck Harry J and Binck Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850
Interest Rate
4.16%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Bergen Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850
Interest Rate
4.16%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Salgado Edgar M and Salgado Martina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,120
Interest Rate
3.52%

Purchase Details

Listed on
Jul 9, 2013
Closed on
Apr 18, 2014
Sold by
Korn Jay
Bought by
Atlantic Palace Development Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
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
Flagship Resort Development Corporation -- Marina Title
Bethea Danielle $22,900 Marina Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Flagship Resort Development Corporation -- Marina Title Agency
Flagship Resort Developme Nt Corporati O -- --
Binck Harry J $15,400 --
Bergen Christine $8,900 --
Salgado Edgar M $10,900 --
Atlantic Palace Development Llc $100,000 Chicago Title Co Llc
Korn Jay $100,000 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bethea Danielle $17,027
Previous Owner Flagship Resort Developme Nt Corporati O --
Previous Owner Binck Harry J $5,850
Previous Owner Binck Harry J --
Previous Owner Bergen Christine $7,120
Previous Owner Bergen Christine --
Previous Owner Salgado Edgar M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $100,000 0.0% --
02/17/2014 02/17/14 Pending -- -- --
07/09/2013 07/09/13 For Sale $100,000 -- --
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
2025 $2,589 $75,000 $35,000 $40,000
2024 $2,589 $75,000 $35,000 $40,000
2023 $2,833 $75,000 $35,000 $40,000
2022 $2,833 $75,000 $35,000 $40,000
2021 $2,926 $75,000 $35,000 $40,000
2020 $2,951 $75,000 $35,000 $40,000
2019 $4,386 $110,100 $55,100 $55,000
2018 $3,890 $110,100 $55,100 $55,000
2017 $3,767 $110,100 $55,100 $55,000
2016 $4,250 $110,100 $55,100 $55,000
2015 $3,768 $110,100 $55,100 $55,000
2014 $6,334 $189,200 $94,600 $94,600
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2014

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    31 in this area

    724 Total Sales

    Paula Hartman
    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2014

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    33 in this area

    431 Total Sales

    Todd Gordon
    Section Image
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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 414111

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C1511

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 1511, Atlantic City, NJ

Not Listed for Sale

Condos

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