NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 2901 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $255,661 - $340,000

2 Beds
2 Baths
-- Sq Ft
0.95 Acres

Last Sold September 30, 2014

Last sale price $145,000

Est. 97% increase in value since last sale

Current estimated payment $1,862/month

91 Days on Market

Highlights

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

About This Home

As of September 2014

MUST-SEE ATLANTIC PALACE UNIT ON A HIGH FLOOR!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 05/01/2014

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
  • Ocean Front

Property Views

  • Water Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Boardwalk
  • Community Pool

Pet Policy

  • No Pets Allowed

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: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Common Area Features: Elevator, Pool

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2023
Sold by
Flagship Resort Development Corporation
Bought by
Mcknight Elexzena
Current Estimated Value
$286,165

Purchase Details

Closed on
Jun 26, 2022
Sold by
Chalmers Lionel
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Apr 11, 2022
Sold by
Flagship Resort Development Corporation
Bought by
Williams Lynda V

Purchase Details

Closed on
Jul 1, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Black Julian H and Savory Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,600
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Johnson Cathis L and Dixon Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,600
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2019
Sold by
Siegel Obert and Siegel Sherrie
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Aug 15, 2017
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Brock Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,218
Interest Rate
3.9%

Purchase Details

Closed on
Mar 20, 2017
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Powell Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.3%

Purchase Details

Closed on
Mar 2, 2017
Sold by
Santos Eneide and Tortas Nuno M
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
4.3%

Purchase Details

Closed on
Dec 30, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Campbell Joela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,510
Interest Rate
4.32%

Purchase Details

Closed on
Dec 9, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Gray Verdone E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,510
Interest Rate
4.32%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Orlando Cristina and Orlando Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
3.48%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Beale Robinsonpatricia and Robinson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
3.48%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Jehhar Tabatha and Jehhar Mustapha

Purchase Details

Listed on
May 1, 2014
Closed on
Sep 29, 2014
Sold by
Loiodice Charles and Parissidi Thomas
Bought by
Korn Jay
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Listed on
May 1, 2014
Closed on
Sep 24, 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
$145,000
Sold Price
$145,000
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
Mcknight Elexzena $34,100 Marina Title
Flagship Resort Development Corporation -- Marina Title
Williams Lynda V $36,200 Marina Title
Black Julian H $38,220 Marina Title
Johnson Cathis L $33,000 Marina Title
Flagship Resort Development Corporation -- Marina Title Llc
Brock Eva $13,900 --
Powell Patricia $12,400 --
Flagship Resort Developme Nt Corporati O -- --
Campbell Joela $13,900 --
Gray Verdone E $18,800 --
Orlando Cristina $13,900 --
Beale Robinsonpatricia $16,800 --
Jehhar Tabatha $13,900 --
Korn Jay $145,000 Chicago Title Co Llc
Atlantic Palace Development Llc $145,000 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Julian H $10,600
Previous Owner Brock Eva $10,218
Previous Owner Brock Eva --
Previous Owner Powell Patricia --
Previous Owner Flagship Resort Developme Nt Corporati O --
Previous Owner Campbell Joela $12,510
Previous Owner Campbell Joela --
Previous Owner Gray Verdone E $7,200
Previous Owner Gray Verdone E --
Previous Owner Orlando Cristina $8,000
Previous Owner Orlando Cristina --
Previous Owner Beale Robinsonpatricia $14,014
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $145,000 0.0% --
07/31/2014 07/31/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $145,000 -- --
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 $4,280 $124,000 $35,000 $89,000
2024 $4,280 $124,000 $35,000 $89,000
2023 $4,683 $124,000 $35,000 $89,000
2022 $4,683 $124,000 $35,000 $89,000
2021 $4,837 $124,000 $35,000 $89,000
2020 $4,878 $124,000 $35,000 $89,000
2019 $6,797 $170,600 $85,300 $85,300
2018 $6,027 $170,600 $85,300 $85,300
2017 $12,148 $355,100 $187,500 $167,600
2016 $13,707 $355,100 $187,500 $167,600
2015 $12,152 $355,100 $187,500 $167,600
2014 $11,889 $355,100 $187,500 $167,600
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: 428453

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C2901

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 2901, Atlantic City, NJ

Not Listed for Sale

Condos

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