NOT LISTED FOR SALE

2415 Formicas Way Unit 2415 Atlantic City, NJ 08401

Ducktown Neighborhood

Estimated Value: $270,000 - $486,000

3 Beds
3 Baths
1,340 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 2415 Formicas Way Unit 2415, Atlantic City, NJ 08401 and is currently estimated at $335,359, approximately $250 per square foot. 2415 Formicas Way Unit 2415 is a home located in Atlantic County with nearby schools including Texas Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2018
Sold by
Fu Peter
Bought by
Shaw Amelia
Current Estimated Value
$335,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Outstanding Balance
$133,822
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$201,537

Purchase Details

Closed on
Jul 21, 2015
Sold by
Estate Of Ac Llc
Bought by
Fu Peter Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Shaw Amelia $155,000 Golden Title Agency Llc
Fu Peter Y $150,000 Surety Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Amelia $152,192
Previous Owner Fu Peter Y $135,000
Source: Public Records

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 $4,712 $136,500 $45,000 $91,500
2024 $4,712 $136,500 $45,000 $91,500
2023 $5,156 $136,500 $45,000 $91,500
2022 $5,156 $136,500 $45,000 $91,500
2021 $5,325 $136,500 $45,000 $91,500
2020 $5,370 $136,500 $45,000 $91,500
2019 $6,096 $153,000 $76,500 $76,500
2018 $4,011 $153,000 $76,500 $76,500
2017 $5,234 $153,000 $76,500 $76,500
2016 $5,906 $153,000 $76,500 $76,500
Source: Public Records

Map

New Jersey Atlantic County Atlantic City 08401 Ducktown

2415 Formicas Way Unit 2415, Atlantic City, NJ

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