NOT LISTED FOR SALE

1538 Penrose Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $109,922 - $216,000

3 Beds
1 Bath
958 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $54,000 $56 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $970/month

180 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2023

Investor alert! Being sold in "AS IS Condition" Possibly a tear down. Street parking. Corner Property in Venice Park. Don't miss out call for your appointment to day!

Last Agent to Sell the Property

Wanda Butler

CENTURY 21 FRICK REALTORS Listed on: 07/11/2022

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

Wanda Butler

CENTURY 21 FRICK REALTORS Listed on: 07/11/2022

CENTURY 21 FRICK REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Lot Details

  • Lot Dimensions are 40x75
  • Corner Lot

Home Design

  • Ranch Style House

Flooring

  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Age: 25+ Years
  • Lvt Date: 07/11/2022
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathrooms: 1

Utilities

  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 40x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Feb 21, 2023
Sold by
Edwards Barbara
Bought by
N Washington Llc
Seller's Agent
Wanda Butler
CENTURY 21 FRICK REALTORS
Buyer's Agent
Wanda Butler
CENTURY 21 FRICK REALTORS
List Price
$59,000
Sold Price
$54,000
Premium/Discount to List
-$5,000
-8.47%
Views
247
Current Estimated Value
$149,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,307
Avg. Annual Appreciation
47.99%
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
N Washington Llc $54,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Barbara $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $54,000 -8.5% $56 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/04/2022 12/04/22 For Sale $59,000 0.0% $62 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $59,000 -- $62 / 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 $1,950 $32,000 $32,000 --
2024 $1,950 $56,500 $32,000 $24,500
2023 $2,134 $56,500 $32,000 $24,500
2022 $2,134 $56,500 $32,000 $24,500
2021 $2,204 $56,500 $32,000 $24,500
2020 $2,223 $56,500 $32,000 $24,500
2019 $2,390 $60,000 $30,000 $30,000
2018 $2,120 $60,000 $30,000 $30,000
2017 $2,053 $60,000 $30,000 $30,000
2016 $2,316 $60,000 $30,000 $30,000
2015 $2,053 $60,000 $30,000 $30,000
2014 $3,690 $110,200 $50,000 $60,200
Source: Public Records

Agents Affiliated with this Home

  • Wanda Butler

    Seller's Agent in 2023

    Wanda Butler

    CENTURY 21 FRICK REALTORS

    (609) 204-2393

    1 in this area

    13 Total Sales

    Wanda Butler
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564985

South Jersey Shore Regional MLS

APN: 02-00679-0000-00001

New Jersey Atlantic County Atlantic City 08401 Venice Park

1538 Penrose Ave, Atlantic City, NJ

This home is located at 1538 Penrose Ave, Atlantic City, NJ 08401 since 11 July 2022 and is currently estimated at $149,307, approximately $155 per square foot. 1538 Penrose 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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