NOT LISTED FOR SALE

2431 Formicas Way Unit 2431 Atlantic City, NJ 08401

Ducktown Neighborhood

Estimated Value: $213,000 - $307,000

3 Beds
3 Baths
1,340 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 2431 Formicas Way Unit 2431, Atlantic City, NJ 08401 and is currently estimated at $272,924, approximately $203 per square foot. 2431 Formicas Way Unit 2431 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
Apr 8, 2015
Sold by
Estates Of Ac Llc
Bought by
Williamson Neil M
Current Estimated Value
$272,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,228
Outstanding Balance
$117,387
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$155,537

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
Williamson Neil M $153,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Neil M $150,228
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
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 $5,290 $153,000 $76,500 $76,500
2017 $5,906 $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

2431 Formicas Way Unit 2431, Atlantic City, NJ

Homes for Sale in Atlantic City, NJ

This home is located at 2431 Formicas Way Unit 2431, Atlantic City, NJ 08401 and is currently estimated at $272,924, approximately $203 per square foot. 2431 Formicas Way Unit 2431 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.

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