NOT LISTED FOR SALE

405 N Dr Martin Luther King Blvd Atlantic City, NJ 08401

Westside Neighborhood

Estimated Value: $186,713 - $191,000

3 Beds
1.5 Baths
-- Sq Ft
1,525 Sq Ft Lot

Last Sold September 09, 2022

Last sale price $147,960

Est. 24% increase in value since last sale

Current estimated payment $1,265/month

34 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Patio
  • Den
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of September 2022

INVESTOR ALERT! BRAND NEW EVERYTHING! COMPLETELY RENOVATED 3 BR / 1.5 BA 2-story single family home for sale in the heart of Atlantic City. This beautifully modernized home features a spacious open living room and dining area floor plan with recess lights w/ dimmers, remote controlled ceiling fan and a separate eat-in kitchen w/ granite counter-tops and stainless steel appliances. This home also boasts of trendy vinyl plank wood flooring, carpeted bedrooms and ceramic tile in bathrooms. All new windows! Powder room on the 1st floor. Large laundry room with washer and dryer connections. Kitchen leads out the back door to a spacious backyard and concrete patio area, perfect for entertaining guests. Large 100' lot runs street to street with large fenced back yard. Journey upstairs to see all 3 bedrooms with recess lighting and ceiling fans. Covered front porch with dimming recess lights. Brand new HVAC system installed with central air and new hot water heater. This property is in brand new condition; completely rebuilt with lots of character. Conveniently located less than a mile away from the Casino's, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! This is a great opportunity for an investor who wants to keep current tenant or future plans to Airbnb. Collect an easy $1800-$2K/ month in rent. Can also be a great vacation spot. Property will be sold as-is and buyer to obtain all city permits after closing, including CO.

Last Agent to Sell the Property

Shadonna (Donna) Williams

BHHS FOX and ROACH-Northfield License #1973171 Listed on: 07/01/2022

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,159

Lot Details

  • Lot Dimensions are 15.1x100
  • Fenced

Parking

  • 1 Parking Space

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Den
  • Storage
  • Laundry Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,159

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds
  • Lvt Date: 07/01/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Tile, Vinyl, W/W Carpet, Wood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Sidewalks
  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 15.1X100
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 9, 2022
Sold by
Napper Marvin D
Bought by
Mcneal Charles Thomas and Vasser-Mcneal Quanette Chineek
Seller's Agent
Shadonna (Donna) Williams
BHHS FOX and ROACH-Northfield
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$149,900
Sold Price
$147,960
Premium/Discount to List
-$1,940
-1.29%
Views
9
Current Estimated Value
$183,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,112
Avg. Annual Appreciation
7.43%
Original Mortgage
$118,368
Outstanding Balance
$113,664
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$68,866

Purchase Details

Closed on
Oct 16, 2015
Sold by
City Of Atlantic City
Bought by
Napper Marvin D

Purchase Details

Closed on
Oct 29, 2013
Sold by
Mirabal Paul
Bought by
K & D Tsc Llc

Purchase Details

Closed on
Feb 27, 2008
Sold by
K & D Tsc Llc
Bought by
Mirabal Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Mcneal Charles Thomas $147,960 Westcor Land Title
Napper Marvin D $1,000 Attorney
K & D Tsc Llc -- Old Republic Title Ins Co
Mirabal Paul $56,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneal Charles Thomas $118,368
Previous Owner Mirabal Paul $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $147,960 -1.3% --
07/01/2022 07/01/22 For Sale $149,900 -- --
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 $3,159 $91,500 $21,000 $70,500
2023 $1,163 $30,800 $21,000 $9,800
2022 $1,163 $30,800 $21,000 $9,800
2021 $1,202 $30,800 $21,000 $9,800
2020 $1,212 $30,800 $21,000 $9,800
2019 $4,386 $110,100 $105,300 $4,800
2018 $3,890 $110,100 $105,300 $4,800
2017 $3,767 $110,100 $105,300 $4,800
2016 $4,250 $110,100 $105,300 $4,800
2015 $3,768 $110,100 $105,300 $4,800
2014 $3,686 $110,100 $105,300 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564725

South Jersey Shore Regional MLS

APN: 02-00463-0000-00011