NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 2608 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $122,000 - $152,000

-- Bed
1 Bath
-- Sq Ft
0.95 Acres

Last Sold November 15, 2021

Last sale price $82,000

Est. 67% increase in value since last sale

Current estimated payment $908/month

18 Days on Market

Highlights

  • Ocean Front
  • Sauna
  • Elevator
  • Building is beachfront but unit may not have water views
  • Community Pool
  • Eat-In Kitchen

About This Home

As of November 2021

OCEANFRONT STUDIO!! The direct ocean, beach and boardwalk views will never get old from your picture window! This unit is the perfect getaway for the whole family or an Air BnB property. This unit features laminate flooring, large soak tub, eat-in kitchen and so much more! Phone and cable fees are an additional $36.16 on top of condo fees.This full service building features a popular rental program, 24 hour security, boardwalk location, gym, pool, sauna & more.

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 10/14/2021

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

JAIME MIKLINEVICH

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,961

Lot Details

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

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • Entrance Foyer
  • Dining Area
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Kitchen Island

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,961

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Lvt Date: 10/14/2021
  • Age: 25+ Years
  • 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
  • Other Rooms: Dining Area, Eat In Kitchen
  • Common Area Features: Elevator, Laundromat On Site, Pool, Sauna, Security, Whirlpool/Spa

Exterior Features

  • Siding Exterior: Brick, Concrete

Garage/Parking

  • Garage: One Car
  • Parking Exterior: One Car

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Location: Beach Block, Boardwalk Front, Ocean Front, Water View

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer, Kitchen Center Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 12, 2021
Sold by
Andrew Perillo
Bought by
Sathe Cranesh and Sathe Sheela
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
JAIME MIKLINEVICH
BHHS FOX and ROACH-Margate III
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$137,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,078
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Jul 29, 1987
Bought by
Perillo Andrew and Frank Perillo
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
Sathe Cranesh $82,000 Trident Land Transfer
Perillo Andrew $143,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vacation Trust Inc $21,289
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $82,000 -3.5% --
11/01/2021 11/01/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $85,000 -- --
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 $1,961 $56,800 $35,000 $21,800
2024 $1,961 $56,800 $35,000 $21,800
2023 $2,145 $56,800 $35,000 $21,800
2022 $2,145 $56,800 $35,000 $21,800
2021 $2,216 $56,800 $35,000 $21,800
2020 $2,235 $56,800 $35,000 $21,800
2019 $2,331 $58,500 $29,250 $29,250
2018 $2,067 $58,500 $29,250 $29,250
2017 $2,001 $58,500 $29,250 $29,250
2016 $3,764 $97,500 $48,750 $48,750
2015 $3,336 $97,500 $48,750 $48,750
2014 $3,264 $97,500 $48,750 $48,750
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2021

    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 2021

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    33 in this area

    443 Total Sales

    Todd Gordon
    Section Image

  • J

    Buyer's Agent in 2021

    JAIME MIKLINEVICH

    BHHS FOX and ROACH-Margate III

    2 in this area

    13 Total Sales

    JAIME MIKLINEVICH
    Section Image
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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 556484

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C2608

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 2608, Atlantic City, NJ

This home is located at 1515 Boardwalk Unit 2608, Atlantic City, NJ 08401 since 14 October 2021 and is currently estimated at $137,078. 1515 Boardwalk Unit 2608 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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