NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 2606 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $156,518 - $159,000

-- Bed
1 Bath
412 Sq Ft
0.95 Acres

Last Sold July 06, 2020

Last sale price $50,000 $121 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,088/month

1,116 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Elevator
  • Spa
  • Sauna
  • Outdoor Community Showers

About This Home

As of July 2020

COMPLETELY REDONE DIRECT OCEANFRONT ATLANTIC PALACE UNIT!! Enjoy incredible, spectacular ocean views from a high floor with new carpet, newer furniture, paint and a wall of windows! Large studio with dining area, adorable kitchen, and sitting area. Large, beautiful tiled bath with tub. Completely move-in ready. Wonderful building amenities include pool, gym, 24 hr security, parking, sauna, direct boardwalk access, game room, restaurant, laundry and much more! Walk to everything, just right out your door!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 06/02/2017

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

Est. Annual Taxes

  • $2,762

Lot Details

  • Ocean Front

Parking

  • 1 Car Garage

Property Views

  • Water
  • Pool

Interior Spaces

  • 1 Full Bathroom
  • Dining Area

Kitchen

  • Stove
  • Microwave

Outdoor Features

  • Spa
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heat Pump System
  • 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
  • Outdoor Community Showers
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,762

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Converted Apartments
  • Lvt Date: 06/02/2017
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Pool View, Water View
  • 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, Deck/Porch, Elevator, Laundromat On Site, Outside Shower, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Masonry/Block

Garage/Parking

  • Garage: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Electric, Forced Air, Heat Pump
  • 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: Boardwalk Front, Ocean Front, Boardwalk Area

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Master Bath, Whirlpool/Spa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Ocean Breeze Views Llc
Bought by
Djs Property Holdings Llc
Current Estimated Value
$157,880

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 2, 2020
Sold by
Derago Margaret S
Bought by
Ocean Breeze Views Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$120,000
Sold Price
$50,000
Premium/Discount to List
-$70,000
-58.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.96%

Purchase Details

Closed on
Jul 12, 2007
Sold by
Rothman F J and Stern Frances Judith Rothman
Bought by
Derago Margaret S
Source: Public Records

Range of Values:

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Average Value
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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
Djs Property Holdings Llc $80,000 None Listed On Document
Ocean Breeze Views Llc $50,000 Trident Land Transfer Co
Derago Margaret S $192,500 Commonwealth Land Title Insu
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $50,000 -58.3% $121 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/02/2017 06/02/17 For Sale $120,000 -- $291 / 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 $2,762 $80,000 $55,000 $25,000
2024 $2,762 $80,000 $55,000 $25,000
2023 $4,249 $80,000 $55,000 $25,000
2022 $4,249 $112,500 $55,000 $57,500
2021 $4,389 $112,500 $55,000 $57,500
2020 $4,426 $112,500 $55,000 $57,500
2019 $2,462 $61,800 $30,900 $30,900
2018 $2,183 $61,800 $30,900 $30,900
2017 $2,114 $61,800 $30,900 $30,900
2016 $3,976 $103,000 $51,500 $51,500
2015 $3,525 $103,000 $51,500 $51,500
2014 $3,448 $103,000 $51,500 $51,500
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2020

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    31 in this area

    761 Total Sales

    Paula Hartman
    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2020

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    33 in this area

    443 Total Sales

    Todd Gordon
    Section Image
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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 488342

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C2606

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 2606, Atlantic City, NJ

This home is located at 1515 Boardwalk Unit 2606, Atlantic City, NJ 08401 since 02 June 2017 and is currently estimated at $157,880, approximately $383 per square foot. 1515 Boardwalk Unit 2606 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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