NOT LISTED FOR SALE

Atlantic Palace 1515 Boardwalk Unit 410 Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $137,000 - $174,000

-- Bed
1 Bath
-- Sq Ft
523 Sq Ft Lot

Last Sold April 30, 2014

Last sale price $60,000

Est. 170% increase in value since last sale

Current estimated payment $1,066/month

108 Days on Market

Highlights

  • Water Views
  • Clubhouse
  • Community Pool
  • Building is beachfront but unit may not have water views
  • Furnished
  • Elevator

About This Home

As of April 2014

Enjoy this studio apartment in the heart of AC directly on world famous boardwalk. Large studio with dining area, adorable kitchen, sitting area, bar area, and amazing ocean views. Bathroom features large, beautiful tiled bath with tub. Building offers security, pool, parking, game room for the kids, & just steps to shopping & dining. Great vacation property with no maintenenace to worry about! When not using this amazing getaway, take part in the buildings rental program. Parking, laundry area on site.

Last Agent to Sell the Property

FREDERICK CARACCIOLO

MARKETPLACE REALTY License #0563123 Listed on: 12/14/2013

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1986

Lot Details

  • Building is beachfront but unit may not have water views

Home Design

  • Concrete Siding

Interior Spaces

  • 1 Full Bathroom
  • Furnished
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Dining Area
  • Carpet
  • Water Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling 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

  • Courtesy Bus
  • 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

$2,164

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Blinds, Curtains, Furnished
  • Year Built: 1986
  • 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: Dishwasher, Electric Stove, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Other Rooms: Dining Area
  • Common Area Features: Bus Service, Cable Tv, Clubhouse/Clubroom, Elevator, Laundromat On Site, Pool, Security

Exterior Features

  • Siding Exterior: Concrete

Utilities

  • Air Conditioner: Central
  • Heating: 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

Lot Info

  • Location: Beach Block, Boardwalk Front

Rental Info

  • Pets: No Pets Allowed

Multi Family

  • Unit Features: Foyer, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2024
Sold by
Draper Alice R
Bought by
Flagship Resort Development Corporation
Current Estimated Value
$161,841

Purchase Details

Closed on
Aug 3, 2024
Sold by
Fernandes Daniel and Costa Diana
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Apr 13, 2023
Sold by
Skipper George
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Aug 15, 2022
Sold by
Flagship Resort Development Corporation
Bought by
Hockenberry Shannon and Hockenberry Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,816
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2022
Sold by
Khalil Maryam
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
$14,816
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2022
Sold by
Marsha Brown
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
$14,816
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2022
Sold by
Lois Harper
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Oct 18, 2021
Sold by
Joan Harris
Bought by
Flagship Resort Development Corporation

Purchase Details

Closed on
Jul 30, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Buckland Gerald and Buckland Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,222
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Schwartz Michael and Schwartz Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,222
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2021
Sold by
Flagship Resort Development Corporation
Bought by
Villegas John and Villegas Jocelyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,222
Interest Rate
1.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2019
Sold by
Atlantic Palace Developme Nt L L C
Bought by
Monroe Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,595
Interest Rate
3.82%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Thomas James and Thomas Valerine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,210
Interest Rate
4.19%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Fike Karla and Kijonka Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,210
Interest Rate
4.19%

Purchase Details

Closed on
Dec 5, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Pleasant Diana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,210
Interest Rate
4.19%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Barforough Vannesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,210
Interest Rate
4.19%

Purchase Details

Closed on
Nov 11, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Depeiza Parrismichelle and Parris Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,181
Interest Rate
4.08%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Flagship Resort Development Corporatio
Bought by
Barforough Vannesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,181
Interest Rate
4.08%

Purchase Details

Closed on
Oct 20, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Patterson Shawn and Tunsil Nikia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,181
Interest Rate
4.08%

Purchase Details

Closed on
Sep 8, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Hockenberry Craig and Hockenberry Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,320
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Matos Angel and Morales Xiomara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,900
Interest Rate
3.44%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Price Tracey and Sample Levin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,900
Interest Rate
3.44%

Purchase Details

Closed on
Jul 13, 2016
Sold by
Flagship Resort Development Corporatio
Bought by
Matos Angel and Morales Xiomara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,900
Interest Rate
3.44%

Purchase Details

Closed on
Jul 6, 2016
Sold by
Lobaton Liliana M and Nunez Jose Nunez
Bought by
Flagship Resort Developme Nt Corporati O

Purchase Details

Closed on
Jun 27, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Sykes Lawrence and Williams Sharell

Purchase Details

Closed on
Jun 6, 2016
Sold by
Flagship Resort Developme Nt Corporati O
Bought by
Brown Marsha

Purchase Details

Listed on
Dec 14, 2013
Closed on
Apr 30, 2014
Sold by
Fontanilla Abraham E and Fontanilla Angelita V
Bought by
Korn Jay
Seller's Agent
FREDERICK CARACCIOLO
MARKETPLACE REALTY
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%

Purchase Details

Listed on
Dec 14, 2013
Closed on
Apr 16, 2014
Sold by
Korn Jay
Bought by
Atlantic Palace Development Llc
Seller's Agent
FREDERICK CARACCIOLO
MARKETPLACE REALTY
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$60,000
Sold Price
$60,000
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
Flagship Resort Development Corporation -- Marina Title
Hockenberry Shannon $26,800 Marina Title
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- --
Flagship Resort Development Corporation -- Marina Title
Flagship Resort Development Corporation -- Accommodation/Courtesy Recordi
Buckland Gerald $19,000 Marina Title
Schwartz Michael $32,500 Marina Title
Villegas John $33,000 Marina Title
Monroe Ruth $25,400 --
Thomas James $6,900 --
Fike Karla $15,000 --
Pleasant Diana I $14,900 --
Barforough Vannesa $7,900 --
Depeiza Parrismichelle $6,900 --
Barforough Vannesa -- --
Patterson Shawn $7,900 --
Hockenberry Craig $18,800 --
Matos Angel $6,900 --
Price Tracey $7,900 --
Matos Angel -- --
Flagship Resort Developme Nt Corporati O -- --
Sykes Lawrence $13,900 --
Brown Marsha $6,900 --
Korn Jay $60,000 Surety Title
Atlantic Palace Development Llc $60,000 Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hockenberry Shannon $14,816
Previous Owner Villegas John $21,222
Previous Owner Monroe Ruth $18,595
Previous Owner Monroe Ruth --
Previous Owner Thomas James $6,210
Previous Owner Thomas James --
Previous Owner Fike Karla $11,780
Previous Owner Fike Karla --
Previous Owner Pleasant Diana I $12,181
Previous Owner Pleasant Diana I --
Previous Owner Barforough Vannesa $6,320
Previous Owner Barforough Vannesa --
Previous Owner Depeiza Parrismichelle --
Previous Owner Barforough Vannesa $6,320
Previous Owner Patterson Shawn $7,110
Previous Owner Patterson Shawn --
Previous Owner Hockenberry Craig $10,900
Previous Owner Hockenberry Craig --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $60,000 0.0% --
04/01/2014 04/01/14 Pending -- -- --
12/14/2013 12/14/13 For Sale $60,000 -- --
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
2024 $2,164 $62,700 $35,000 $27,700
2023 $2,368 $62,700 $35,000 $27,700
2022 $2,368 $62,700 $35,000 $27,700
2021 $2,446 $62,700 $35,000 $27,700
2020 $2,467 $62,700 $35,000 $27,700
2019 $3,745 $94,000 $47,000 $47,000
2018 $3,321 $94,000 $47,000 $47,000
2017 $6,928 $202,500 $125,000 $77,500
2016 $7,817 $202,500 $125,000 $77,500
2015 $6,930 $202,500 $125,000 $77,500
2014 $6,780 $202,500 $125,000 $77,500
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    FREDERICK CARACCIOLO

    MARKETPLACE REALTY

    (609) 338-1075

    3 Total Sales

    Section Image
  • Todd Gordon

    Buyer's Agent in 2014

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    33 in this area

    448 Total Sales

    Section Image
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About Atlantic Palace

Map

Source: South Jersey Shore Regional MLS

MLS Number: 421414

South Jersey Shore Regional MLS

APN: 02-00050-0000-00031-0000-C0410

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

1515 Boardwalk Unit 410, Atlantic City, NJ

This home is located at 1515 Boardwalk Unit 410, Atlantic City, NJ 08401 since 14 December 2013 and is currently estimated at $156,069. This property was built in 1986. 1515 Boardwalk Unit 410 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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