NOT LISTED FOR SALE

1518 Beach Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $252,000 - $281,000

3 Beds
1 Bath
1,580 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $200,000 $127 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,832/month

About This Home

As of August 2023

This home is located at 1518 Beach Ave, Atlantic City, NJ 08401 since 18 July 2023 and is currently estimated at $264,051, approximately $167 per square foot. 1518 Beach Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

Last Agent to Sell the Property

ALONZO (Al) BAILEY

Genesis Realty and Notary Service, LLC Listed on: 07/18/2023

Last Buyer's Agent

ALONZO (Al) BAILEY

Genesis Realty and Notary Service, LLC Listed on: 07/18/2023

Home Details

Home Type

  • Single Family

Lot Details

  • 4,487

Parking

  • 1.5 Parking Spaces

Home Design

  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Lot Dimensions are 60 x 100
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Other Rooms: Laundry/Utility Room

Garage/Parking

  • Parking Exterior: One And Half Car

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 60 x 100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 4, 2023
Sold by
Mcgee Samuel A
Bought by
Hart Adrian G
Seller's Agent
ALONZO (Al) BAILEY
Genesis Realty and Notary Service, LLC
Buyer's Agent
ALONZO (Al) BAILEY
Genesis Realty and Notary Service, LLC
List Price
$200,000
Sold Price
$200,000
Views
1
Current Estimated Value
$264,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,051
Avg. Annual Appreciation
12.55%
Original Mortgage
$24,191
Outstanding Balance
$23,678
Interest Rate
6.96%
Estimated Equity
$240,373

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 4, 2020
Sold by
Attock Traders Llc
Bought by
Mcgee Samuel A
Seller's Agent
Shaukat Azad
FARLEY and FERRY REALTY, INC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$129,000
Sold Price
$132,500
Premium/Discount to List
$3,500
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%
Original Mortgage
$130,099
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2020
Sold by
Truitt Patricia and Brewer Monica J
Bought by
Attock Traders Llc

Purchase Details

Closed on
Sep 2, 1997
Sold by
Truitt Stanley and Truitt Patricia
Bought by
Truitt Patricia

Purchase Details

Closed on
Jul 30, 1997
Sold by
Truitt Stanley and Truitt Patricia
Bought by
Truitt Patricia
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
Hart Adrian G $200,000 Shore Title
Mcgee Samuel A $132,500 Group 21 Title Agency Llc
Attock Traders Llc $58,000 None Available
Truitt Patricia -- --
Truitt Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Adrian G $24,191
Open Hart Adrian G $183,150
Previous Owner Mcgee Samuel A $130,099
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2023 08/04/23 Sold $200,000 0.0% $127 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $200,000 +50.9% $127 / Sq Ft
11/04/2020 11/04/20 Sold $132,500 0.0% $84 / Sq Ft View Prior Sale
11/04/2020 11/04/20 Sold $132,500 +2.7% $84 / Sq Ft View Prior Sale
10/17/2020 10/17/20 For Sale $129,000 -0.8% $82 / Sq Ft
08/20/2020 08/20/20 For Sale $129,999 0.0% $82 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $129,999 -- $82 / 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 $5,316 $154,000 $38,000 $116,000
2024 $5,316 $154,000 $38,000 $116,000
2023 $5,817 $154,000 $38,000 $116,000
2022 $5,817 $154,000 $38,000 $116,000
2021 $6,008 $154,000 $38,000 $116,000
2020 $6,058 $154,000 $38,000 $116,000
2019 $9,311 $233,700 $140,600 $93,100
2018 $8,257 $233,700 $140,600 $93,100
2017 $7,995 $233,700 $140,600 $93,100
2016 $8,720 $225,900 $132,800 $93,100
2015 $7,730 $225,900 $132,800 $93,100
2014 $7,563 $225,900 $132,800 $93,100
Source: Public Records

Agents Affiliated with this Home

  • ALONZO (Al) BAILEY

    Seller's Agent in 2023

    ALONZO (Al) BAILEY

    Genesis Realty and Notary Service, LLC

    (609) 289-9220

    2 in this area

    7 Total Sales

    ALONZO (Al) BAILEY
    Section Image
  • Shaukat Azad

    Seller's Agent in 2020

    Shaukat Azad

    FARLEY and FERRY REALTY, INC

    (609) 271-2027

    19 Total Sales

    Shaukat Azad
    Section Image

  • A

    Buyer's Agent in 2020

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 575987

South Jersey Shore Regional MLS

APN: 02-00691-0000-00007

New Jersey Atlantic County Atlantic City 08401 Venice Park

1518 Beach Ave, Atlantic City, NJ

Not Listed for Sale

Detached

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